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NYSE:LTC

LTC Properties (LTC) Stock Price, News & Analysis

$38.14
+0.37 (+0.98%)
(As of 07/26/2024 ET)
Today's Range
$37.78
$38.26
50-Day Range
$33.44
$37.81
52-Week Range
$30.30
$38.28
Volume
229,451 shs
Average Volume
278,246 shs
Market Capitalization
$1.66 billion
P/E Ratio
19.86
Dividend Yield
5.98%
Price Target
$33.40

LTC Properties MarketRank™ Stock Analysis

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
12.4% Downside
$33.40 Price Target
Short Interest
Healthy
3.38% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.36mentions of LTC Properties in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
2.27%
From $2.64 to $2.70 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.66 out of 5 stars

Finance Sector

713th out of 898 stocks

Real Estate Investment Trusts Industry

146th out of 181 stocks

LTC stock logo

About LTC Properties Stock (NYSE:LTC)

LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC's investment portfolio includes 201 properties in 26 states with 29 operating partners. Based on its gross real estate investments, LTC's investment portfolio is comprised of approximately 50% seniors housing and 50% skilled nursing properties.

LTC Stock Price History

LTC Stock News Headlines

LTC Properties (NYSE:LTC) Sets New 52-Week High at $37.92
J.P. Morgan’s DIRE Warning
When the largest bank in the U.S. says a crisis is coming - you NEED to listen. The Wall Street Journal warns, "America's bonds are getting harder to sell."
Jih Sun Long-Term Care REITS Fund (0P0001KQZG)
J.P. Morgan’s DIRE Warning
When the largest bank in the U.S. says a crisis is coming - you NEED to listen. The Wall Street Journal warns, "America's bonds are getting harder to sell."
See More Headlines
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Company Calendar

Last Earnings
4/28/2022
Ex-Dividend for 7/31 Dividend
7/23/2024
Today
7/26/2024
Next Earnings (Confirmed)
7/29/2024
Dividend Payable
7/31/2024
Ex-Dividend for 8/30 Dividend
8/22/2024
Dividend Payable
8/30/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Specialized REITs
CUSIP
50217510
Employees
23
Year Founded
1992

Price Target and Rating

Average Stock Price Target
$33.40
High Stock Price Target
$36.00
Low Stock Price Target
$29.00
Potential Upside/Downside
-12.4%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
$89.74 million
Pretax Margin
41.48%

Debt

Sales & Book Value

Annual Sales
$197.24 million
Cash Flow
$3.19 per share
Book Value
$22.13 per share

Miscellaneous

Free Float
42,606,000
Market Cap
$1.66 billion
Optionable
Optionable
Beta
0.89
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Key Executives

  • Ms. Wendy L. Simpson (Age 75)
    Chairman & CEO
    Comp: $2.3M
  • Ms. Pamela J. Shelley-Kessler CPA (Age 58)
    CFO, Co-President & Corporate Secretary
    Comp: $1.2M
  • Mr. Clint B. Malin (Age 52)
    Chief Investment Officer & Co-President
    Comp: $1.2M
  • Ms. Caroline L. Chikhale (Age 47)
    Executive VP, Chief Accounting Officer & Treasurer
    Comp: $376.56k
  • Ms. Mandi M. Hogan
    Senior VP of Marketing, Investor Relations & ESG
  • Ms. Leanne Davis
    Human Resource Manager
  • Mr. Douglas A. Korey
    Executive VP & MD of Business Development
  • Mr. J. Gibson Satterwhite
    Senior Vice President of Asset Management
  • Ms. H. Rachel Son
    VP & Controller

LTC Stock Analysis - Frequently Asked Questions

How have LTC shares performed this year?

LTC Properties' stock was trading at $32.12 at the beginning of 2024. Since then, LTC stock has increased by 18.7% and is now trading at $38.14.
View the best growth stocks for 2024 here
.

How were LTC Properties' earnings last quarter?

LTC Properties, Inc. (NYSE:LTC) announced its quarterly earnings data on Thursday, April, 28th. The real estate investment trust reported $0.36 EPS for the quarter, missing analysts' consensus estimates of $0.62 by $0.26. The company's quarterly revenue was up 1.2% on a year-over-year basis.

Who are LTC Properties' major shareholders?

LTC Properties' top institutional shareholders include Bank of New York Mellon Corp (2.10%), Sumitomo Mitsui Trust Holdings Inc. (0.11%), Keudell Morrison Wealth Management (0.09%) and Nisa Investment Advisors LLC (0.07%). Insiders that own company stock include Wendy Simpson, Caroline Chikhale, Timothy Triche, Boyd W Hendrickson and David L Gruber.
View institutional ownership trends
.

How do I buy shares of LTC Properties?

Shares of LTC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of LTC Properties own?

Based on aggregate information from My MarketBeat watchlists, some other companies that LTC Properties investors own include AT&T (T), Realty Income (O), Exxon Mobil (XOM), Ventas (VTR), STAG Industrial (STAG), Cisco Systems (CSCO) and Johnson & Johnson (JNJ).

This page (NYSE:LTC) was last updated on 7/26/2024 by MarketBeat.com Staff

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