NYSE:LTC - LTC Properties Stock Price, Price Target & More

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$41.70 -0.16 (-0.38 %)
(As of 07/23/2018 06:00 AM ET)
Previous Close$41.70
Today's Range$41.43 - $42.02
52-Week Range$34.46 - $51.91
Volume137,684 shs
Average Volume208,198 shs
Market Capitalization$1.65 billion
P/E Ratio13.45
Dividend Yield5.47%
Beta0.13
LTC Properties logoLTC is a self-administered real estate investment trust that primarily invests in seniors housing and health care properties primarily through sale-leaseback transactions, mortgage financing and structured finance solutions including mezzanine lending. At March 31, 2018, LTC had 203 investments located in 29 states comprising 105 assisted living communities, 97 skilled nursing centers and a behavioral health care hospital. Assisted living communities, independent living communities, memory care communities and combinations thereof are included in the assisted living property type. For more information on LTC Properties, Inc., visit the Company's website at www.LTCreit.com, or connect with us on Twitter @LTCreit and LinkedIn.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
SymbolNYSE:LTC
CUSIP50217510
Phone805-981-8655

Debt

Debt-to-Equity Ratio0.91
Current Ratio9.69
Quick Ratio9.69

Price-To-Earnings

Trailing P/E Ratio13.45
Forward P/E Ratio13.85
P/E Growth3.46

Sales & Book Value

Annual Sales$168.07 million
Price / Sales9.83
Cash Flow$3.2126 per share
Price / Cash12.98
Book Value$19.17 per share
Price / Book2.18

Profitability

EPS (Most Recent Fiscal Year)$3.10
Net Income$87.34 million
Net Margins51.43%
Return on Equity11.36%
Return on Assets5.92%

Miscellaneous

Employees20
Outstanding Shares39,630,000
Market Cap$1,652.53

LTC Properties (NYSE:LTC) Frequently Asked Questions

What is LTC Properties' stock symbol?

LTC Properties trades on the New York Stock Exchange (NYSE) under the ticker symbol "LTC."

How often does LTC Properties pay dividends? What is the dividend yield for LTC Properties?

LTC Properties announced a monthly dividend on Tuesday, July 3rd. Stockholders of record on Thursday, September 20th will be paid a dividend of $0.19 per share on Friday, September 28th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 5.47%. The ex-dividend date is Wednesday, September 19th. View LTC Properties' Dividend History.

How were LTC Properties' earnings last quarter?

LTC Properties Inc (NYSE:LTC) announced its quarterly earnings results on Wednesday, May, 9th. The real estate investment trust reported $0.51 EPS for the quarter, missing the consensus estimate of $0.52 by $0.01. The real estate investment trust earned $41.81 million during the quarter, compared to analysts' expectations of $34.17 million. LTC Properties had a net margin of 51.43% and a return on equity of 11.36%. During the same quarter in the prior year, the firm posted $0.54 earnings per share. View LTC Properties' Earnings History.

When is LTC Properties' next earnings date?

LTC Properties is scheduled to release their next quarterly earnings announcement on Wednesday, August, 8th 2018. View Earnings Estimates for LTC Properties.

What price target have analysts set for LTC?

7 Wall Street analysts have issued 12 month price targets for LTC Properties' stock. Their predictions range from $38.00 to $50.00. On average, they expect LTC Properties' share price to reach $42.1667 in the next twelve months. This suggests a possible upside of 1.1% from the stock's current price. View Analyst Ratings for LTC Properties.

What is the consensus analysts' recommendation for LTC Properties?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LTC Properties in the last year. There are currently 2 sell ratings, 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

What are Wall Street analysts saying about LTC Properties stock?

Here are some recent quotes from research analysts about LTC Properties stock:
  • 1. According to Zacks Investment Research, "LTC Properties, Inc., a health care real estate investment trust, invests primarily in long-term care and other health care related facilities through mortgage loans, facility lease transactions and other investments. Their primary objectives are to sustain and enhance stockholder equity value and provide current income for distribution to stockholders through real estate investments in long-term care facilities and other health care related facilities managed by experienced operators providing quality care. " (5/18/2018)
  • 2. Cantor Fitzgerald analysts commented, "Updating 2018-19 outlook. We are adjusting our outlook slightly to reflect 1Q18 results. We are trimming our 2018 revenue estimate to $166 million from $167 million, our nFFO estimate to $2.99 from $3.00, and our nAFFO estimate to $2.55 from $2.64. Our 2019 estimates include revenue of $172 million, nFFO of $3.10 (vs. $3.12 consensus) and nAFFO of $2.66 (vs. $3.03 consensus)." (5/10/2018)

Who are some of LTC Properties' key competitors?

Who are LTC Properties' key executives?

LTC Properties' management team includes the folowing people:
  • Ms. Wendy L. Simpson, Chairman, CEO & Pres (Age 69)
  • Ms. Pamela J. Shelley-Kessler CPA, CPA, Exec. VP, CFO & Corp. Sec. (Age 52)
  • Mr. Clint B. Malin, Exec. VP & Chief Investment Officer (Age 45)
  • Mr. Douglas A. Korey, Sr. VP & MD of Bus. Devel.
  • Ms. Mandi Hogan, VP of Marketing

Has LTC Properties been receiving favorable news coverage?

News coverage about LTC stock has been trending somewhat positive recently, according to Accern Sentiment. Accern scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. LTC Properties earned a daily sentiment score of 0.21 on Accern's scale. They also assigned media coverage about the real estate investment trust an impact score of 46.12 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

Who are LTC Properties' major shareholders?

LTC Properties' stock is owned by many different of retail and institutional investors. Top institutional investors include Nisa Investment Advisors LLC (0.17%), First National Bank of Omaha (0.17%), Creative Planning (0.08%), State of Alaska Department of Revenue (0.07%), Bank of Montreal Can (0.06%) and Municipal Employees Retirement System of Michigan (0.03%). Company insiders that own LTC Properties stock include Boyd W Hendrickson, James Pieczynski and Timothy Triche. View Institutional Ownership Trends for LTC Properties.

Which major investors are selling LTC Properties stock?

LTC stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, State of Alaska Department of Revenue, Municipal Employees Retirement System of Michigan, Nisa Investment Advisors LLC, Creative Planning and First National Bank of Omaha. Company insiders that have sold LTC Properties company stock in the last year include Boyd W Hendrickson and Timothy Triche. View Insider Buying and Selling for LTC Properties.

How do I buy shares of LTC Properties?

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

What is LTC Properties' stock price today?

One share of LTC stock can currently be purchased for approximately $41.70.

How big of a company is LTC Properties?

LTC Properties has a market capitalization of $1.65 billion and generates $168.07 million in revenue each year. The real estate investment trust earns $87.34 million in net income (profit) each year or $3.10 on an earnings per share basis. LTC Properties employs 20 workers across the globe.

How can I contact LTC Properties?

LTC Properties' mailing address is 2829 TOWNSGATE ROAD SUITE 350, WESTLAKE VILLAGE CA, 91361. The real estate investment trust can be reached via phone at 805-981-8655 or via email at [email protected]


MarketBeat Community Rating for LTC Properties (NYSE LTC)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  202 (Vote Outperform)
Underperform Votes:  264 (Vote Underperform)
Total Votes:  466
MarketBeat's community ratings are surveys of what our community members think about LTC Properties and other stocks. Vote "Outperform" if you believe LTC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LTC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/23/2018 by MarketBeat.com Staff

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