LTC Properties Stock Price, News & Analysis (NYSE:LTC) $32.43 -0.01 (-0.03%) (As of 04:31 PM ET) Add Compare Share Share Today's Range$32.33▼$32.7850-Day Range$30.68▼$33.0952-Week Range$30.50▼$40.03Volume208,903 shsAverage Volume242,839 shsMarket Capitalization$1.34 billionP/E Ratio16.80Dividend Yield7.03%Price Target$34.78 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media LTC Properties MarketRank™ Stock AnalysisAnalyst RatingHold2.14 Rating ScoreUpside/Downside6.8% Upside$34.78 Price TargetShort InterestHealthy2.19% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingSelling Shares$504,370 Sold Last QuarterProj. Earnings Growth2.65%From $2.64 to $2.71 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.1.79 out of 5 starsFinance Sector726th out of 853 stocksReal Estate Investment Trusts Industry152nd out of 179 stocks 1.1 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 6.8% from its current price of $32.56.Amount of Analyst CoverageLTC Properties has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.19% 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 3.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in LTC Properties has recently increased by 2.26%, 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 7.01%, 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 118.13%. 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 84.13% 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 1.1 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 1 news article for LTC Properties this week, compared to 3 articles on an average week.Search Interest18 people have searched for LTC on MarketBeat in the last 30 days. This is an increase of 125% compared to the previous 30 days.MarketBeat Follows5 people have added LTC Properties to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, LTC Properties insiders have sold 359.96% more of their company's stock than they have bought. Specifically, they have bought $109,655.00 in company stock and sold $504,370.00 in 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 2.65% in the coming year, from $2.64 to $2.71 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of LTC Properties is 16.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.54.Price to Earnings Ratio vs. SectorThe P/E ratio of LTC Properties is 16.87, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 47.38.Price to Book Value per Share RatioLTC Properties has a P/B Ratio of 1.57. 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 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.Read More LTC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LTC Stock News HeadlinesNovember 29, 2023 | americanbankingnews.comAnalysts Set LTC Properties, Inc. (NYSE:LTC) PT at $34.78November 8, 2023 | finance.yahoo.comLTC to Participate in Nareit’s REITWorld: 2023 Annual ConferenceNovember 29, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comNovember 6, 2023 | morningstar.comLTC Properties Inc LTCOctober 30, 2023 | gurufocus.comThe LTC Properties Inc (LTC) Company: A Short SWOT AnalysisOctober 29, 2023 | finance.yahoo.comLTC Properties, Inc. (NYSE:LTC) Q3 2023 Earnings Call TranscriptOctober 28, 2023 | finance.yahoo.comQ3 2023 LTC Properties Inc Earnings CallOctober 27, 2023 | finance.yahoo.com3 REITs That Just Beat Analysts' EstimatesNovember 29, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comOctober 27, 2023 | seekingalpha.comLTC Properties, Inc. 2023 Q3 - Results - Earnings Call PresentationOctober 26, 2023 | finance.yahoo.comLTC Properties Inc (LTC) Announces Q3 2023 EarningsOctober 26, 2023 | finance.yahoo.comLTC (LTC) Q3 Earnings: How Key Metrics Compare to Wall Street EstimatesOctober 26, 2023 | markets.businessinsider.comLTC Properties Q3 Profit RisesOctober 26, 2023 | msn.comLTC Properties Q3 FFO slightly tops consensus as expenses fallOctober 26, 2023 | finance.yahoo.comLTC Reports 2023 Third Quarter Results and Discusses Recent ActivitiesOctober 25, 2023 | markets.businessinsider.comHere's what to expect from LTC Properties's earningsOctober 20, 2023 | gurufocus.comLTC Properties Inc's Dividend AnalysisOctober 8, 2023 | msn.comLTC Properties: Key Metrics On This 7.2% Monthly PayerOctober 6, 2023 | finance.yahoo.comLTC Announces Date of Third Quarter 2023 Earnings Release, Conference Call and WebcastOctober 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 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?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 IncSee 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 Company Calendar Last Earnings4/28/2022Ex-Dividend for 11/30 Dividend11/21/2023Today11/29/2023Dividend Payable11/30/2023Ex-Dividend for 12/29 Dividend12/20/2023Dividend Payable12/29/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/15/2024Get 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 Target$34.78 High Stock Price Target$38.00 Low Stock Price Target$29.00 Potential Upside/Downside+6.7%Consensus RatingHold Rating Score (0-4)2.14 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$1.93 Trailing P/E Ratio16.89 Forward P/E Ratio12.35 P/E GrowthN/ANet Income$100.02 million Net Margins40.76% Pretax Margin41.56% Return on Equity9.25% Return on Assets4.43% Debt Debt-to-Equity Ratio1.11 Current Ratio12.15 Quick Ratio12.15 Sales & Book Value Annual Sales$175.15 million Price / Sales7.71 Cash Flow$3.45 per share Price / Cash Flow9.44 Book Value$20.78 per share Price / Book1.57Miscellaneous Outstanding Shares41,410,000Free Float40,584,000Market Cap$1.35 billion OptionableOptionable Beta0.93 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMs. Wendy L. Simpson (Age 74)Chairman & CEO Comp: $2.16MMs. Pamela J. Shelley-Kessler CPA (Age 57)CFO, Co-President & Corporate Secretary Comp: $1.13MMr. Clint B. Malin (Age 51)Chief Investment Officer & Co-President Comp: $1.13MMs. Caroline L. Chikhale (Age 46)Executive VP, Chief Accounting Officer & Treasurer Comp: $376.56kMs. Mandi M. HoganSenior VP of Marketing, Investor Relations & ESGMs. Leanne DavisHuman Resource ManagerMr. Douglas A. KoreyExecutive VP & MD of Business DevelopmentMr. J. Gibson SatterwhiteSenior Vice President of Asset ManagementMs. H. Rachel SonVP & ControllerMore ExecutivesKey CompetitorsService Properties TrustNASDAQ:SVCPebblebrook Hotel TrustNYSE:PEBRLJ Lodging TrustNYSE:RLJCoreCivicNYSE:CXWDiamondRock HospitalityNYSE:DRHView All CompetitorsInsiders & InstitutionsDeutsche Bank AGSold 13,441 shares on 11/24/2023Ownership: 0.186%Public Sector Pension Investment BoardSold 22,297 shares on 11/22/2023Ownership: 0.124%Advisors Capital Management LLCBought 15,306 shares on 11/16/2023Ownership: 1.006%Penserra Capital Management LLCBought 1,855 shares on 11/16/2023Ownership: 0.036%Creative PlanningSold 728 shares on 11/16/2023Ownership: 0.015%View All Insider TransactionsView All Institutional Transactions LTC Stock Analysis - Frequently Asked Questions Should I buy or sell LTC Properties stock right now? 7 Wall Street 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 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 target for 2024? 7 analysts have issued 12 month target prices for LTC Properties' stock. Their LTC share price targets 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 7.2% 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 8.7% and is now trading at $32.43. View the best growth stocks for 2023 here. Are investors shorting LTC Properties? LTC Properties saw a decrease in short interest during the month of October. As of October 31st, there was short interest totaling 885,900 shares, a decrease of 10.2% from the October 15th total of 986,900 shares. Based on an average daily volume of 225,900 shares, the short-interest ratio is presently 3.9 days. View LTC Properties' Short Interest. When is LTC Properties' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, February 15th 2024. View our LTC earnings forecast. 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 earnings per share 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 trailing twelve-month return on equity of 9.25% and a net margin of 40.76%. The business's revenue for the quarter was up 1.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.62 earnings per share. How often does LTC Properties pay dividends? What is the dividend yield for LTC Properties? LTC Properties announced a monthly dividend on Wednesday, October 4th. Stockholders of record on Thursday, December 21st will be paid a dividend of $0.19 per share on Friday, December 29th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 7.03%. The ex-dividend date is Wednesday, December 20th. 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 7.01%. LTC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 118.13%. 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 84.13% 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 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). 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 a variety of retail and institutional investors. Top institutional investors include Bank of New York Mellon Corp (2.41%), Charles Schwab Investment Management Inc. (1.56%), Northern Trust Corp (1.45%), Morgan Stanley (1.29%), Advisors Capital Management LLC (1.01%) and Legal & General Group Plc (0.91%). Insiders that own company stock include 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NYSE:LTC) was last updated on 11/29/2023 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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