Lowest-Rated StocksLowest-RatedNYSE:LTC LTC Properties (LTC) Stock Forecast, Price & News $31.02 -0.48 (-1.52%) (As of 10/3/2023 ET) Add Compare Share Share Today's Range$30.92▼$31.7550-Day Range$30.73▼$35.5252-Week Range$30.73▼$40.52Volume325,782 shsAverage Volume249,940 shsMarket Capitalization$1.28 billionP/E Ratio18.14Dividend Yield7.35%Price Target$34.63 ProfileProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media LTC Properties MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside12.2% Upside$34.78 Price TargetShort InterestBearish2.61% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.67Based on 9 Articles This WeekInsider TradingN/AProj. Earnings Growth3.41%From $2.64 to $2.73 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.05 out of 5 starsFinance Sector805th out of 872 stocksReal Estate Investment Trusts Industry167th out of 183 stocks 2.1 Analyst's Opinion Consensus RatingLTC Properties has received a consensus rating of Hold. The company's average rating score is 2.14, and is based on 2 buy ratings, 4 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $34.78, LTC Properties has a forecasted upside of 12.2% from its current price of $31.00.Amount of Analyst CoverageLTC Properties has only been the subject of 4 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.61% of the outstanding shares of LTC Properties have been sold short.Short Interest Ratio / Days to CoverLTC Properties has a short interest ratio ("days to cover") of 4.8.Change versus previous monthShort interest in LTC Properties has recently increased by 4.85%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend LeadershipLTC Properties is a leading dividend payer. It pays a dividend yield of 7.10%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthLTC Properties does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of LTC Properties is 133.33%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, LTC Properties will have a dividend payout ratio of 83.52% in the coming year. This indicates that LTC Properties may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for LTC. Previous Next 3.2 News and Social Media Coverage News SentimentLTC Properties has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 9 news articles for LTC Properties this week, compared to 3 articles on an average week.Search Interest12 people have searched for LTC on MarketBeat in the last 30 days. This is an increase of 9% compared to the previous 30 days.MarketBeat Follows16 people have added LTC Properties to their MarketBeat watchlist in the last 30 days. This is an increase of 220% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, LTC Properties insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.00% of the stock of LTC Properties is held by insiders.Percentage Held by Institutions70.28% of the stock of LTC Properties is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for LTC Properties are expected to grow by 3.41% in the coming year, from $2.64 to $2.73 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of LTC Properties is 18.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.24.Price to Earnings Ratio vs. SectorThe P/E ratio of LTC Properties is 18.13, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 63.30.Price to Book Value per Share RatioLTC Properties has a P/B Ratio of 1.48. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About LTC Properties (NYSE:LTC) StockLTC 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 213 properties in 29 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.Read More LTC Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LTC Stock News HeadlinesSeptember 28, 2023 | marketbeat.comNursing Home REITs: The Surprise Heroes of High Yield Investing (LTC)Income seekers are finding value and yield in nursing home REITs Omega, Sabra and LTC Properties, as they offer stable dividends and tax benefits.September 21, 2023 | marketbeat.comAnalysts Say to Sell These 6.3%-12.6% Dividends, But…October 3, 2023 | Oxford Club (Ad)The Ultimate Passive Income PlayThe #1 income play for 2023 is NOT a stock, bond or private company... Rather, it's a little-known alternative investment that could hand you big monthly income from oil and gas.October 3, 2023 | msn.comWedbush Initiates Coverage of LTC Properties (LTC) with Outperform RecommendationOctober 2, 2023 | finance.yahoo.comLTC Declares Its Monthly Common Stock Cash Dividend for the Fourth Quarter of 2023September 30, 2023 | americanbankingnews.comLTC Properties (NYSE:LTC) Research Coverage Started at Berenberg BankSeptember 29, 2023 | msn.comBerenberg Initiates Coverage of LTC Properties (LTC) with Buy RecommendationSeptember 21, 2023 | markets.businessinsider.comHas Coinbase (NASDAQ: COIN) Lost Its FOMO Appeal?October 3, 2023 | Oxford Club (Ad)The Ultimate Passive Income PlayThe #1 income play for 2023 is NOT a stock, bond or private company... Rather, it's a little-known alternative investment that could hand you big monthly income from oil and gas.September 21, 2023 | seekingalpha.comLTC Properties goes ex-dividend tomorrowSeptember 20, 2023 | msn.comJefferies Initiates Coverage of LTC Properties (LTC) with Hold RecommendationSeptember 20, 2023 | markets.businessinsider.comJefferies Sticks to Its Hold Rating for LTC Properties (LTC)September 20, 2023 | finance.yahoo.comUnveiling the Dividend Prospects of LTC Properties IncSeptember 10, 2023 | seekingalpha.comMagnificent Monthly Mailbox MoneyAugust 25, 2023 | markets.businessinsider.comCity Office REIT (CIO) Gets a Hold from RBC CapitalAugust 21, 2023 | forbes.comRetire Right With These 6 Billionaire Stocks That Pay Dividends MonthlyAugust 18, 2023 | msn.comRBC Capital Reiterates LTC Properties (LTC) Sector Perform RecommendationAugust 17, 2023 | markets.businessinsider.comRBC Capital Reaffirms Their Hold Rating on LTC Properties (LTC)August 8, 2023 | finance.yahoo.comLTC Re-Leases 10 Properties from Brookdale Senior Living PortfolioAugust 4, 2023 | finance.yahoo.comLTC Senior Management to Participate in the NYSE Real Estate Virtual Investor Access DayAugust 1, 2023 | markets.businessinsider.comLTC Properties (LTC) Receives a Hold from JMP SecuritiesJuly 29, 2023 | finance.yahoo.comQ2 2023 LTC Properties Inc Earnings CallJuly 28, 2023 | seekingalpha.comLTC Properties, Inc. 2023 Q2 - Results - Earnings Call PresentationJuly 28, 2023 | finance.yahoo.comLTC Reports 2023 Second Quarter Results and Discusses Recent ActivitiesJuly 28, 2023 | markets.businessinsider.comBMO Capital Reaffirms Their Sell Rating on LTC Properties (LTC)July 28, 2023 | markets.businessinsider.comLTC Properties Q2 Income Retreats, misses estimatesJuly 28, 2023 | msn.comLTC Properties posts slight Q2 FFO beat as rental income, expenses nudge downSee More Headlines Receive LTC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for LTC Properties and its competitors with MarketBeat's FREE daily newsletter. Email Address LTC Company Calendar Last Earnings4/28/2022Ex-Dividend for 9/29 Dividend9/20/2023Dividend Payable9/29/2023Today10/03/2023Ex-Dividend for 10/31 Dividend10/20/2023Next Earnings (Estimated)10/26/2023Dividend Payable10/31/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustrySpecialized REITs SectorFinance Current SymbolNYSE:LTC CUSIP50217510 CIK887905 Webwww.ltcreit.com Phone(805) 981-8655Fax805-981-8663Employees24Year Founded1992Price Target and Rating Average Stock Price Forecast$34.78 High Stock Price Forecast$38.00 Low Stock Price Forecast$29.00 Forecasted Upside/Downside+11.7%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$1.71 Trailing P/E Ratio18.13 Forward P/E Ratio11.74 P/E GrowthN/ANet Income$100.02 million Net Margins37.24% Pretax Margin37.95% Return on Equity8.28% Return on Assets4.04% Debt Debt-to-Equity Ratio1.11 Current Ratio13.18 Quick Ratio13.18 Sales & Book Value Annual Sales$175.15 million Price / Sales7.33 Cash Flow$3.32 per share Price / Cash Flow9.33 Book Value$20.99 per share Price / Book1.48Miscellaneous Outstanding Shares41,410,000Free Float40,581,000Market Cap$1.28 billion OptionableOptionable Beta0.92 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMs. Wendy L. Simpson (Age 74)Chairman & CEO Comp: $2.16MMs. Pamela J. Shelley-Kessler CPA (Age 57)CPA, CFO, Co-Pres & Corp. Sec. Comp: $1.13MMr. Clint B. Malin (Age 51)Chief Investment Officer & Co-Pres Comp: $1.13MMs. Caroline L. Chikhale (Age 46)Exec. VP, Chief Accounting Officer & Treasurer Ms. Mandi M. HoganSr. VP of Marketing, Investor Relations & ESGMs. Leanne DavisHuman Resource Mang.Mr. Douglas A. KoreyExec. VP & MD of Bus. Devel.Mr. J. Gibson SatterwhiteSr. VP of Asset ManagementMs. H. Rachel SonVP & ControllerMore ExecutivesKey CompetitorsService Properties TrustNASDAQ:SVCCoreCivicNYSE:CXWRLJ Lodging TrustNYSE:RLJPebblebrook Hotel TrustNYSE:PEBDiamondRock HospitalityNYSE:DRHView All CompetitorsInsiders & InstitutionsStrategic Financial Concepts LLCBought 20,477 shares on 9/7/2023Ownership: 0.049%Virginia Retirement Systems ET ALBought 28,540 shares on 8/22/2023Ownership: 0.069%California State Teachers Retirement SystemSold 399 shares on 8/21/2023Ownership: 0.121%Teachers Retirement System of The State of KentuckyBought 710 shares on 8/21/2023Ownership: 0.031%Nuveen Asset Management LLCSold 2,382 shares on 8/16/2023Ownership: 0.320%View All Insider TransactionsView All Institutional Transactions LTC Stock - Frequently Asked Questions Should I buy or sell LTC Properties stock right now? 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for LTC Properties in the last year. There are currently 1 sell rating, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research 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 forecast for 2023? 7 brokers have issued twelve-month price targets for LTC Properties' stock. Their LTC share price forecasts range from $29.00 to $38.00. On average, they expect the company's share price to reach $34.78 in the next year. This suggests a possible upside of 12.2% 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 2023? LTC Properties' stock was trading at $35.53 at the start of the year. Since then, LTC shares have decreased by 12.7% and is now trading at $31.00. View the best growth stocks for 2023 here. When is LTC Properties' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023. View our LTC earnings forecast. How were LTC Properties' earnings last quarter? LTC Properties, Inc. (NYSE:LTC) announced its quarterly earnings results 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 real estate investment trust had revenue of $40.80 million for the quarter, compared to the consensus estimate of $37.08 million. LTC Properties had a net margin of 37.24% and a trailing twelve-month return on equity of 8.28%. The business's revenue was up 1.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.62 earnings per share. How often does LTC Properties pay dividends? What is the dividend yield for LTC Properties? LTC Properties declared a monthly dividend on Monday, October 2nd. Shareholders of record on Monday, October 23rd will be given a dividend of $0.19 per share on Tuesday, October 31st. This represents a $2.28 dividend on an annualized basis and a dividend yield of 7.35%. The ex-dividend date of this dividend is Friday, October 20th. Read our dividend analysis for LTC. What ETFs hold LTC Properties' stock? ETFs with the largest weight of LTC Properties (NYSE:LTC) stock in their portfolio include Global X SuperDividend REIT ETF (SRET), GraniteShares HIPS US High Income ETF (HIPS), SPDR S&P Global Dividend ETF (WDIV), ETC 6 Meridian Small Cap Equity ETF (SIXS), Residential REIT ETF (HAUS), Invesco S&P SmallCap Low Volatility ETF (XSLV), First Trust Multi-Asset Diversified Income Index Fund (MDIV) and VictoryShares US Small Mid Cap Value Momentum ETF (USVM). 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 7.10%. LTC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 133.33%. 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 83.52% 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). What is LTC Properties' stock symbol? LTC Properties trades on the New York Stock Exchange (NYSE) under the ticker symbol "LTC." 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 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 $31.00. How much money does LTC Properties make? LTC Properties (NYSE:LTC) has a market capitalization of $1.28 billion and generates $175.15 million in revenue each year. The real estate investment trust earns $100.02 million in net income (profit) each year or $1.71 on an earnings per share basis. How can I contact LTC Properties? LTC Properties' mailing address is 2829 TOWNSGATE ROAD SUITE 350, WESTLAKE VILLAGE CA, 91361. The official website for the company is www.ltcreit.com. The real estate investment trust can be reached via phone at (805) 981-8655, via email at investor.relations@ltcproperties.com, or via fax at 805-981-8663. This page (NYSE:LTC) was last updated on 10/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding LTC Properties, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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