Taubman Centers News
In the latest look at stocks ordered by largest market capitalization, Russell 3000 component Taubman Centers, Inc. was identified as having a larger market cap than the smaller end of the S&P 500, for example Leggett & Platt, Inc.
TheStreet highlights 3 stocks pushing the real estate industry lower today.
Aided by better-than-expected growth in revenues, Taubman's adjusted FFO per share of 89 cents rose 3.5% year over year and 2.3% ahead of the Zacks Consensus Estimate of 87 cents.
Aided by growth in rental revenue, AvalonBay Communities Inc. delivered a positive earnings surprise of about 3.2% in the third quarter of 2013.
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Prologis??? core FFO per share of 41 cents in the third quarter was in line with the Zacks Consensus Estimate.
Liberty Property's third-quarter 2013 FFO per share and revenue missed the Zacks Consensus Estimate.
On Oct 8, 2013, we reiterated our long-term recommendation on Taubman Centers at Neutral.
Investors in Taubman Centers, Inc. saw new options begin trading today, for the November 16th expiration.