S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Critical asset just had biggest fall on record (Ad)
One year after buying a failed bank, New York Community Bancorp is struggling
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Friday, 3/1/2024
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Critical asset just had biggest fall on record (Ad)
One year after buying a failed bank, New York Community Bancorp is struggling
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Friday, 3/1/2024
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Critical asset just had biggest fall on record (Ad)
One year after buying a failed bank, New York Community Bancorp is struggling
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Friday, 3/1/2024
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Critical asset just had biggest fall on record (Ad)
One year after buying a failed bank, New York Community Bancorp is struggling
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Friday, 3/1/2024
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
NYSE:LTC

LTC Properties (LTC) Stock Price, News & Analysis

$31.46
0.00 (0.00%)
(As of 03/1/2024 ET)
Today's Range
$31.25
$31.66
50-Day Range
$30.30
$32.95
52-Week Range
$30.30
$35.72
Volume
290,769 shs
Average Volume
300,502 shs
Market Capitalization
$1.36 billion
P/E Ratio
14.56
Dividend Yield
7.25%
Price Target
$34.33

LTC Properties MarketRank™ Stock Analysis

Analyst Rating
Hold
2.29 Rating Score
Upside/​Downside
9.1% Upside
$34.33 Price Target
Short Interest
Bearish
2.88% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.14mentions of LTC Properties in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$245,100 Sold Last Quarter
Proj. Earnings Growth
2.24%
From $2.68 to $2.74 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.

1.68 out of 5 stars

Finance Sector

708th out of 868 stocks

Real Estate Investment Trusts Industry

147th out of 176 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 208 properties in 27 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

Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
LTC Properties: Undervalued 7% Yield Poised For A Rebound
Q4 2023 LTC Properties Inc Earnings Call
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
LTC Properties Inc.
LTC Properties Q4 FFO Narrows
LTC Properties Q4 2023 Earnings Preview
LTC Properties earnings: here's what to expect
LTC Properties hosts conference call for investors
LTC Properties Inc 0JSP
LTC Completes Brookdale Portfolio Transaction
See More Headlines
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Company Calendar

Last Earnings
4/28/2022
Ex-Dividend for 1/31 Dividend
1/22/2024
Dividend Payable
1/31/2024
Today
3/02/2024
Ex-Dividend for 3/29 Dividend
3/20/2024
Dividend Payable
3/29/2024
Next Earnings (Estimated)
4/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Specialized REITs
CUSIP
50217510
Employees
24
Year Founded
1992

Price Target and Rating

Average Stock Price Target
$34.33
High Stock Price Target
$36.00
Low Stock Price Target
$29.00
Potential Upside/Downside
+9.1%
Consensus Rating
Hold
Rating Score (0-4)
2.29
Research Coverage
7 Analysts

Profitability

Net Income
$89.74 million
Pretax Margin
46.37%

Debt

Sales & Book Value

Annual Sales
$197.24 million
Cash Flow
$3.10 per share
Book Value
$21.25 per share

Miscellaneous

Free Float
42,251,000
Market Cap
$1.36 billion
Optionable
Optionable
Beta
0.87
7 Stocks to Buy And Hold Forever Cover

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Key Executives

  • Ms. Wendy L. Simpson (Age 75)
    Chairman & CEO
    Comp: $2.16M
  • Ms. Pamela J. Shelley-Kessler CPA (Age 58)
    CFO, Co-President & Corporate Secretary
    Comp: $1.13M
  • Mr. Clint B. Malin (Age 52)
    Chief Investment Officer & Co-President
    Comp: $1.13M
  • 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

Should I buy or sell LTC Properties stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LTC Properties in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" LTC shares. 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 LTC analyst ratings
or view top-rated stocks.

What is LTC Properties' stock price target for 2024?

7 equities research analysts have issued 1 year price objectives for LTC Properties' stock. Their LTC share price targets range from $29.00 to $36.00. On average, they predict the company's share price to reach $34.33 in the next twelve months. This suggests a possible upside of 9.1% from the stock's current price.
View analysts price targets for LTC
or view top-rated stocks among Wall Street analysts.

How have LTC shares performed in 2024?

LTC Properties' stock was trading at $32.12 on January 1st, 2024. Since then, LTC shares have decreased by 2.1% and is now trading at $31.46.
View the best growth stocks for 2024 here
.

When is LTC Properties' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our LTC earnings forecast
.

How were LTC Properties' earnings last quarter?

LTC Properties, Inc. (NYSE:LTC) released its quarterly earnings data on Thursday, April, 28th. The real estate investment trust reported $0.36 earnings per share for the quarter, missing analysts' consensus estimates of $0.62 by $0.26. The real estate investment trust earned $40.80 million during the quarter, compared to analysts' expectations of $37.08 million. LTC Properties had a net margin of 45.49% and a trailing twelve-month return on equity of 10.25%. The company's revenue for the quarter was up 1.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.62 earnings per share.

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

LTC Properties declared a dividend on Sunday, January 21st. Investors of record on Tuesday, January 23rd will be given a dividend of $0.19 per share on Wednesday, January 31st. This represents a yield of 7.11%. The ex-dividend date of this dividend is Monday, January 22nd.
Read our dividend analysis for LTC
.

Is LTC Properties a good dividend stock?

LTC Properties (NYSE:LTC) pays an annual dividend of $2.28 per share and currently has a dividend yield of 7.25%. LTC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 105.56%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, LTC will have a dividend payout ratio of 83.21% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for LTC.

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), EPR Properties (EPR).

Who are LTC Properties' major shareholders?

LTC Properties' stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (15.95%), Charles Schwab Investment Management Inc. (1.62%), Dimensional Fund Advisors LP (1.35%), Northern Trust Corp (1.15%), Legal & General Group Plc (0.94%) and Mirae Asset Global Investments Co. Ltd. (0.69%). Insiders that own company stock include Boyd W Hendrickson, Caroline Chikhale, David L Gruber, Pamela Shelley-Kessler, Timothy Triche and Wendy Simpson.
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.

This page (NYSE:LTC) was last updated on 3/2/2024 by MarketBeat.com Staff

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