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Taubman Centers, Inc.

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Taubman Centers’ solid retail real estate portfolio, high-quality retailers in its tenant roster and diligent restructuring measures are expected to support its long-term growth. Focus on implementing cost-saving initiatives also augurs well. Nonetheless, declining mall traffic, bankruptcies and store closures have emerged as pressing concerns for the company. Also, hike in interest rates and unfavorable foreign currency movements increase its risks. Further, shares of Taubman Centers have underperformed the industry it belongs to over the past three months. Moreover, the trend in estimate revisions of 2019 funds from operations (FFO) per share does not indicate a favorable outlook for the company.

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