NYSE:LTC - LTC Properties Stock Price, News & Analysis

$49.05
+0.38 (+0.78 %)
(As of 08/18/2019 04:00 PM ET)
Today's Range
$47.83
Now: $49.05
$49.27
50-Day Range
$45.14
MA: $46.73
$49.08
52-Week Range
$40.11
Now: $49.05
$49.27
Volume133,800 shs
Average Volume177,981 shs
Market Capitalization$1.95 billion
P/E Ratio16.03
Dividend Yield4.68%
Beta0.44
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 more than 200 investments in 28 states with 30 operating partners. The portfolio is comprised of approximately 50% seniors housing and 50% skilled nursing properties.

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
CUSIP50217510
Phone805-981-8655

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$168.65 million
Cash Flow$4.9446 per share
Book Value$19.81 per share

Profitability

Net Income$154.98 million

Miscellaneous

Employees21
Market Cap$1.95 billion
Next Earnings Date11/4/2019 (Estimated)
OptionableOptionable

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LTC Properties (NYSE:LTC) Frequently Asked Questions

What is LTC Properties' stock symbol?

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

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

LTC Properties declared a dividend on Monday, July 1st. Investors of record on Thursday, August 22nd will be paid a dividend of $0.19 per share on Friday, August 30th. The ex-dividend date of this dividend is Wednesday, August 21st. View LTC Properties' Dividend History.

How were LTC Properties' earnings last quarter?

LTC Properties Inc (NYSE:LTC) released its quarterly earnings data on Thursday, August, 8th. The real estate investment trust reported $0.51 earnings per share for the quarter, missing analysts' consensus estimates of $0.76 by $0.25. The real estate investment trust earned $38.28 million during the quarter, compared to analysts' expectations of $30.54 million. LTC Properties had a net margin of 63.58% and a return on equity of 13.18%. View LTC Properties' Earnings History.

When is LTC Properties' next earnings date?

LTC Properties is scheduled to release their next quarterly earnings announcement on Monday, November 4th 2019. View Earnings Estimates for LTC Properties.

What price target have analysts set for LTC?

3 brokerages have issued 1-year price objectives for LTC Properties' stock. Their predictions range from $19.00 to $40.00. On average, they anticipate LTC Properties' stock price to reach $33.00 in the next twelve months. This suggests that the stock has a possible downside of 32.7%. View Analyst Price Targets for LTC Properties.

What is the consensus analysts' recommendation for LTC Properties?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LTC Properties in the last year. There are currently 3 sell ratings for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for LTC Properties.

Has LTC Properties been receiving favorable news coverage?

News headlines about LTC stock have been trending negative on Sunday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. LTC Properties earned a media sentiment score of -2.3 on InfoTrie's scale. They also gave headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for LTC Properties.

Are investors shorting LTC Properties?

LTC Properties saw a decline in short interest in the month of July. As of July 31st, there was short interest totalling 901,300 shares, a decline of 13.5% from the June 30th total of 1,042,500 shares. Based on an average daily trading volume, of 200,900 shares, the days-to-cover ratio is presently 4.5 days. Currently, 2.3% of the shares of the stock are short sold. View LTC Properties' Current Options Chain.

Who are some of LTC Properties' key competitors?

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), Blackstone Mortgage Trust (BXMT), Exxon Mobil (XOM), Endologix (ELGX), Apache (APA), Ventas (VTR), Omega Healthcare Investors (OHI), Archer Daniels Midland (ADM) and Stag Industrial (STAG).

Who are LTC Properties' key executives?

LTC Properties' management team includes the folowing people:
  • Ms. Wendy L. Simpson, Chairman, CEO & Pres (Age 70)
  • Ms. Pamela J. Shelley-Kessler C.P.A., CPA, Exec. VP, CFO & Corp. Sec. (Age 53)
  • Mr. Clint B. Malin, Exec. VP & Chief Investment Officer (Age 46)
  • Mr. Douglas A. Korey, Sr. VP & MD of Bus. Devel.
  • Ms. Mandi Hogan, VP of Marketing

Who are LTC Properties' major shareholders?

LTC Properties' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (17.27%), Vanguard Group Inc. (15.52%), Northern Trust Corp (2.34%), Bank of New York Mellon Corp (1.91%), Victory Capital Management Inc. (1.83%) and Charles Schwab Investment Management Inc. (1.44%). Company insiders that own LTC Properties stock include Boyd W Hendrickson, James Pieczynski and Timothy Triche. 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 Victory Capital Management Inc., Renaissance Technologies LLC, BlackRock Inc., TD Asset Management Inc., SG Americas Securities LLC, Teachers Insurance & Annuity Association of America, Royal Bank of Canada and D. E. Shaw & Co. Inc.. View Insider Buying and Selling for LTC Properties.

Which major investors are buying LTC Properties stock?

LTC stock was bought by a variety of institutional investors in the last quarter, including Morgan Stanley, Schroder Investment Management Group, Nuveen Asset Management LLC, AXA, Mackenzie Financial Corp, First Trust Advisors LP, Bank of New York Mellon Corp and Vanguard Group Inc.. View Insider Buying and Selling for LTC Properties.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is LTC Properties' stock price today?

One share of LTC stock can currently be purchased for approximately $49.05.

How big of a company is LTC Properties?

LTC Properties has a market capitalization of $1.95 billion and generates $168.65 million in revenue each year. The real estate investment trust earns $154.98 million in net income (profit) each year or $3.06 on an earnings per share basis. LTC Properties employs 21 workers across the globe.View Additional Information About LTC Properties.

What is LTC Properties' official website?

The official website for LTC Properties is http://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 or via email at [email protected]


MarketBeat Community Rating for LTC Properties (NYSE LTC)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  279 (Vote Outperform)
Underperform Votes:  353 (Vote Underperform)
Total Votes:  632
MarketBeat's community ratings are surveys of what our community members think about LTC Properties and other stocks. Vote "Outperform" if you believe LTC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LTC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/18/2019 by MarketBeat.com Staff

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