S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
NYSE:LTC

LTC Properties Stock Forecast, Price & News

$32.27
-1.15 (-3.44%)
(As of 11/26/2021 04:00 PM ET)
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Today's Range
$31.95
$33.10
50-Day Range
$31.69
$34.85
52-Week Range
$31.60
$44.73
Volume
258,437 shs
Average Volume
271,039 shs
Market Capitalization
$1.27 billion
P/E Ratio
20.95
Dividend Yield
6.82%
Beta
0.94
30 days | 90 days | 365 days | Advanced Chart
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LTC Properties logo

About LTC Properties

LTC Properties, Inc. is a real estate investment trust, which engages in managing seniors housing and health care properties. Its property portfolio includes skilled nursing facilities, assisted living facilities, independent living facilities, and memory care facilities. The company was founded by Andre C. Dimitriadis on May 12, 1992 and is headquartered in Westlake Village, CA.

Headlines

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Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Specialized REITs
Sector
Finance
CUSIP
50217510
Employees
24
Year Founded
N/A

Sales & Book Value

Annual Sales
$159.34 million
Cash Flow
$3.32 per share
Book Value
$19.12 per share

Profitability

Net Income
$95.29 million
Pretax Margin
37.59%

Debt

Price-To-Earnings

Miscellaneous

Free Float
38,665,000
Market Cap
$1.27 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/28/2021
Ex-Dividend
11/18/2021
Today
11/27/2021
Dividend Payable
11/30/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/17/2022

MarketRank

Overall MarketRank

1.94 out of 5 stars

Finance Sector

705th out of 1,340 stocks

Real Estate Investment Trusts Industry

164th out of 222 stocks

Analyst Opinion: 1.8Community Rank: 4.0Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -












LTC Properties (NYSE:LTC) Frequently Asked Questions

Is LTC Properties a buy right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for LTC Properties in the last year. There are currently 2 sell ratings and 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" LTC Properties stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LTC, but not buy additional shares or sell existing shares.
View analyst ratings for LTC Properties
or view top-rated stocks.

How has LTC Properties' stock price been impacted by Coronavirus (COVID-19)?

LTC Properties' stock was trading at $36.99 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, LTC stock has decreased by 12.8% and is now trading at $32.27.
View which stocks have been most impacted by COVID-19
.

Are investors shorting LTC Properties?

LTC Properties saw a increase in short interest during the month of October. As of October 29th, there was short interest totaling 1,550,000 shares, an increase of 16.5% from the October 14th total of 1,330,000 shares. Based on an average daily trading volume, of 288,900 shares, the days-to-cover ratio is presently 5.4 days. Approximately 4.0% of the company's stock are sold short.
View LTC Properties' Short Interest
.

When is LTC Properties' next earnings date?

LTC Properties is scheduled to release its next quarterly earnings announcement on Thursday, February 17th 2022.
View our earnings forecast for LTC Properties
.

How were LTC Properties' earnings last quarter?

LTC Properties, Inc. (NYSE:LTC) announced its quarterly earnings results on Thursday, October, 28th. The real estate investment trust reported $0.28 earnings per share for the quarter, missing analysts' consensus estimates of $0.57 by $0.29. The real estate investment trust had revenue of $37.47 million for the quarter, compared to analysts' expectations of $37.88 million. LTC Properties had a net margin of 37.16% and a trailing twelve-month return on equity of 7.89%. The business's quarterly revenue was down 1.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.58 earnings per share.
View LTC Properties' earnings history
.

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

LTC Properties announced a monthly dividend on Wednesday, October 6th. Investors of record on Thursday, December 23rd will be given a dividend of $0.19 per share on Friday, December 31st. This represents a $2.28 dividend on an annualized basis and a dividend yield of 7.07%. The ex-dividend date is Wednesday, December 22nd.
View LTC Properties' dividend history
.

Is LTC Properties a good dividend stock?

LTC Properties pays an annual dividend of $2.28 per share and currently has a dividend yield of 6.82%. LTC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of LTC Properties is 148.05%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, LTC Properties will have a dividend payout ratio of 91.57% in the coming year. This indicates that LTC Properties may not be able to sustain their current dividend.
View LTC Properties' dividend history.

What price target have analysts set for LTC?

4 Wall Street analysts have issued 12 month price targets for LTC Properties' shares. Their forecasts range from $35.00 to $44.00. On average, they anticipate LTC Properties' stock price to reach $38.67 in the next year. This suggests a possible upside of 19.8% from the stock's current price.
View analysts' price targets for LTC Properties
or view top-rated stocks among Wall Street analysts.

Who are LTC Properties' key executives?

LTC Properties' management team includes the following people:
  • Wendy L. Simpson, Chairman & Chief Executive Officer
  • Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer & Secretary
  • Clint B. Malin, Co-President & Chief Investment Officer
  • Caroline L. Chikhale, Treasurer, Chief Accounting Officer & Executive VP
  • Douglas A. Korey, Managing Director-Business Development, SVP

What other stocks do shareholders of LTC Properties own?

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

What is LTC Properties' stock symbol?

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

Who are LTC Properties' major shareholders?

LTC Properties' stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (17.88%), Bank of New York Mellon Corp (2.61%), Invesco Ltd. (2.10%), Geode Capital Management LLC (1.99%), Dimensional Fund Advisors LP (1.50%) and Uniplan Investment Counsel Inc. (1.09%).
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 BlackRock Inc., Deutsche Bank AG, DekaBank Deutsche Girozentrale, State Board of Administration of Florida Retirement System, Goldman Sachs Group Inc., Credit Suisse AG, Citigroup Inc., and Asset Management One Co. Ltd..
View insider buying and selling activity for LTC Properties
or view top insider-selling stocks.

Which major investors are buying LTC Properties stock?

LTC stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Invesco Ltd., Nordea Investment Management AB, State of New Jersey Common Pension Fund D, SG Americas Securities LLC, Crossmark Global Holdings Inc., Voloridge Investment Management LLC, and Tudor Investment Corp Et Al.
View insider buying and selling activity for LTC Properties
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is LTC Properties' stock price today?

One share of LTC stock can currently be purchased for approximately $32.27.

How much money does LTC Properties make?

LTC Properties has a market capitalization of $1.27 billion and generates $159.34 million in revenue each year. The real estate investment trust earns $95.29 million in net income (profit) each year or $1.54 on an earnings per share basis.

How many employees does LTC Properties have?

LTC Properties employs 24 workers across the globe.

What is LTC Properties' official website?

The official website for LTC Properties is www.ltcreit.com.

Where are LTC Properties' headquarters?

LTC Properties is headquartered at 2829 TOWNSGATE ROAD SUITE 350, WESTLAKE VILLAGE CA, 91361.

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, via email at [email protected], or via fax at 805-981-8663.


This page was last updated on 11/27/2021 by MarketBeat.com Staff

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