NYSE:LTCLTC Properties Stock Price, Forecast & News

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 increased by 3.4% and is now trading at $38.24.
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7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LTC Properties in the last year. There are currently 3 sell ratings, 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for LTC Properties.

LTC Properties is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020.
View our earnings forecast for LTC Properties.

LTC Properties Inc (NYSE:LTC) posted its quarterly earnings results on Thursday, July, 30th. The real estate investment trust reported $0.05 EPS for the quarter, missing analysts' consensus estimates of $0.71 by $0.66. The real estate investment trust had revenue of $38.02 million for the quarter, compared to the consensus estimate of $38.04 million. LTC Properties had a return on equity of 13.24% and a net margin of 62.35%.
View LTC Properties' earnings history.

LTC Properties announced a monthly dividend on Thursday, July 2nd. Shareholders of record on Friday, August 21st will be paid a dividend of $0.19 per share on Monday, August 31st. This represents a $2.28 dividend on an annualized basis and a yield of 5.96%. The ex-dividend date of this dividend is Thursday, August 20th.
View LTC Properties' dividend history.

7 Wall Street analysts have issued twelve-month target prices for LTC Properties' stock. Their forecasts range from $30.00 to $55.00. On average, they anticipate LTC Properties' share price to reach $38.00 in the next twelve months. This suggests that the stock has a possible downside of 0.6%.
View analysts' price targets for LTC Properties.

Media headlines about LTC stock have been trending neutral on Tuesday, according to InfoTrie Sentiment. The research group identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. LTC Properties earned a media sentiment score of 0.2 on InfoTrie's scale. They also assigned news headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future.
View the latest news about LTC Properties.

LTC Properties saw a decrease in short interest in the month of July. As of July 31st, there was short interest totaling 1,290,000 shares, a decrease of 8.5% from the July 15th total of 1,410,000 shares. Based on an average daily volume of 343,900 shares, the days-to-cover ratio is presently 3.8 days. Approximately 3.4% of the company's shares are sold short.
View LTC Properties' Short Interest.

Some companies that are related to LTC Properties include American Tower (AMT), Public Storage (PSA), Welltower (WELL), Weyerhaeuser (WY), Ventas (VTR), HCP (HCP), Extra Space Storage (EXR), Medical Properties Trust (MPW), Host Hotels and Resorts (HST), Omega Healthcare Investors (OHI), CubeSmart (CUBE), Life Storage (LSI), Healthcare Realty Trust (HR), Rayonier (RYN) and Sabra Health Care REIT (SBRA).
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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), Cisco Systems (CSCO), Ventas (VTR), Stag Industrial (STAG), EPR Properties (EPR), Johnson & Johnson (JNJ), Verizon Communications (VZ) and Blackstone Mortgage Trust (BXMT).

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

LTC Properties' stock is owned by many different institutional and retail investors. Top institutional investors include Victory Capital Management Inc. (1.84%), Principal Financial Group Inc. (0.81%), First Trust Advisors LP (0.46%), WINTON GROUP Ltd (0.33%), New York State Teachers Retirement System (0.28%) and Swiss National Bank (0.23%). Company insiders that own LTC Properties stock include James Pieczynski, Timothy Triche and Wendy Simpson.
View institutional ownership trends for LTC Properties.

LTC stock was sold by a variety of institutional investors in the last quarter, including WINTON GROUP Ltd, Victory Capital Management Inc., Russell Investments Group Ltd., Principal Financial Group Inc., Jennison Associates LLC, 6 Meridian, Bridge City Capital LLC, and D.A. Davidson & CO..
View insider buying and selling activity for LTC Properties.

LTC stock was acquired by a variety of institutional investors in the last quarter, including First Trust Advisors LP, State Board of Administration of Florida Retirement System, Swiss National Bank, Mackay Shields LLC, Nisa Investment Advisors LLC, Sumitomo Mitsui Trust Holdings Inc., UBS Group AG, and Fulcrum Capital LLC.
View insider buying and selling activity for 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of LTC stock can currently be purchased for approximately $38.24.

LTC Properties has a market capitalization of $1.50 billion and generates $185.30 million in revenue each year. The real estate investment trust earns $80.53 million in net income (profit) each year or $3.08 on an earnings per share basis. LTC Properties employs 21 workers across the globe.

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

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 or via email at [email protected]