S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
NYSE:LTC

LTC Properties (LTC) Stock Forecast, Price & News

$37.28
-0.07 (-0.19%)
(As of 05/20/2022 04:00 PM ET)
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Today's Range
$36.70
$37.80
50-Day Range
$32.65
$39.23
52-Week Range
$31.36
$40.58
Volume
505,852 shs
Average Volume
332,355 shs
Market Capitalization
$1.47 billion
P/E Ratio
26.25
Dividend Yield
6.10%
Beta
0.97
30 days | 90 days | 365 days | Advanced Chart
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LTC Properties logo

About LTC Properties

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 holds 181 investments in 27 states with 29 operating partners. The portfolio is comprised of approximately 50% seniors housing and 50% skilled nursing properties.

Headlines

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Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Specialized REITs
Sector
Finance
CUSIP
50217510
Employees
25
Year Founded
N/A

Sales & Book Value

Annual Sales
$155.32 million
Cash Flow
$2.40 per share
Book Value
$18.82 per share

Profitability

Net Income
$55.86 million
Pretax Margin
36.50%

Debt

Price-To-Earnings

Miscellaneous

Free Float
38,752,000
Market Cap
$1.47 billion
Optionable
Optionable

Company Calendar

Last Earnings
4/28/2022
Ex-Dividend for 5/31 Dividend
5/20/2022
Today
5/22/2022
Dividend Payable
5/31/2022
Ex-Dividend for 6/30 Dividend
6/21/2022
Dividend Payable
6/30/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

1.71 out of 5 stars

Finance Sector

879th out of 1,351 stocks

Real Estate Investment Trusts Industry

196th out of 233 stocks

Analyst Opinion: 0.8Community Rank: 3.9Dividend 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.

Are investors shorting LTC Properties?

LTC Properties saw a decline in short interest during the month of April. As of April 30th, there was short interest totaling 1,640,000 shares, a decline of 18.0% from the April 15th total of 2,000,000 shares. Based on an average trading volume of 286,600 shares, the days-to-cover ratio is presently 5.7 days. Approximately 4.3% of the shares of the company are short sold.
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, August 4th 2022.
View our earnings forecast for LTC Properties
.

How were LTC Properties' earnings last quarter?

LTC Properties, Inc. (NYSE:LTC) issued its quarterly earnings results on Thursday, April, 28th. The real estate investment trust reported $0.36 earnings per share for the quarter, missing the consensus estimate of $0.62 by $0.26. The real estate investment trust earned $40.80 million during the quarter, compared to analyst estimates of $37.08 million. LTC Properties had a net margin of 36.03% and a trailing twelve-month return on equity of 7.48%. LTC Properties's quarterly revenue was up 1.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.62 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 declared a monthly dividend on Tuesday, April 5th. Shareholders of record on Wednesday, June 22nd will be paid a dividend of $0.19 per share on Thursday, June 30th. This represents a $2.28 annualized dividend and a yield of 6.12%. The ex-dividend date of this dividend is Tuesday, June 21st.
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 6.10%. 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 160.56%. 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 84.76% 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 brokers have issued twelve-month price objectives for LTC Properties' shares. Their forecasts range from $30.00 to $38.00. On average, they expect LTC Properties' share price to reach $35.00 in the next year. This suggests that the stock has a possible downside of 6.1%.
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:
  • Ms. Wendy L. Simpson, Chairman & CEO (Age 73, Pay $1.7M)
  • Ms. Pamela J. Shelley-Kessler CPA, CPA, CFO, Co-Pres & Corp. Sec. (Age 56, Pay $922.28k)
  • Mr. Clint B. Malin, Chief Investment Officer & Co-Pres (Age 50, Pay $916.46k)
  • Ms. Caroline L. Chikhale, Exec. VP, Chief Accounting Officer & Treasurer (Age 45)
  • Ms. Mandi M. Hogan, VP of Marketing, Investor Relations & ESG
  • Ms. Leanne Davis, Human Resource Mang.
  • Mr. Douglas A. Korey, Exec. VP & MD of Bus. Devel.
  • Mr. J. Gibson Satterwhite, Sr. VP of Asset Management
  • Ms. Rachel Son, VP & Controller
  • Mr. Peter G. Lyew, VP & Director of Tax (Age 64)
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 (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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (18.49%), Vanguard Group Inc. (16.37%), State Street Corp (8.96%), Bank of New York Mellon Corp (2.57%), Invesco Ltd. (2.08%) and Dimensional Fund Advisors LP (1.46%).
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 JPMorgan Chase & Co., BlackRock Inc., Invesco Ltd., Citigroup Inc., Principal Financial Group Inc., Envestnet Asset Management Inc., UBS Group AG, and SG Americas Securities LLC.
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 purchased by a variety of institutional investors in the last quarter, including State Street Corp, Wellington Management Group LLP, Weiss Multi Strategy Advisers LLC, Vanguard Group Inc., Hill Winds Capital LP, South Dakota Investment Council, DekaBank Deutsche Girozentrale, and Russell Investments Group Ltd..
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 $37.28.

How much money does LTC Properties make?

LTC Properties has a market capitalization of $1.47 billion and generates $155.32 million in revenue each year. The real estate investment trust earns $55.86 million in net income (profit) each year or $1.42 on an earnings per share basis.

How many employees does LTC Properties have?

LTC Properties employs 25 workers across the globe.

What is LTC Properties' official website?

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

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 5/22/2022 by MarketBeat.com Staff

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