LTC Properties Company Profile (NYSE:LTC)

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

LTC Properties declared a monthly dividend on Wednesday, July 5th. Investors of record on Wednesday, August 23rd will be paid a dividend of $0.19 per share on Thursday, August 31st. This represents a $2.28 annualized dividend and a yield of 4.44%. The ex-dividend date of this dividend is Monday, August 21st. View LTC Properties' Dividend History.

LTC Properties, Inc. (NYSE:LTC) released its quarterly earnings results on Monday, May, 8th. The company reported $0.54 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.78 by $0.24. The business earned $42.62 million during the quarter, compared to analyst estimates of $34.82 million. LTC Properties had a return on equity of 11.66% and a net margin of 52.17%. View LTC Properties' Earnings History.

8 brokers have issued twelve-month target prices for LTC Properties' stock. Their forecasts range from $50.00 to $58.00. On average, they expect LTC Properties' share price to reach $52.60 in the next year. View Analyst Ratings for LTC Properties.

Here are some recent quotes from research analysts about LTC Properties stock:

• 1. According to Zacks Investment Research, "LTC Properties, Inc., a health care real estate investment trust, invests primarily in long-term care and other health care related facilities through mortgage loans, facility lease transactions and other investments. Their primary objectives are to sustain and enhance stockholder equity value and provide current income for distribution to stockholders through real estate investments in long-term care facilities and other health care related facilities managed by experienced operators providing quality care. " (5/17/2017)
• 2. Canaccord Genuity analysts commented, "We will look for color on tomorrow’s earnings call regarding the appetite for organic growth stemming from LTC’s operator base, but despite a quiet year-to-date, core metrics continue to highlight LTC’s stability (1.51x SNF coverage, +4bps q/q) and dry powder (24% debt/EV)." (5/9/2017)
• 3. Cantor Fitzgerald analysts commented, "We are updating our 2017 earnings estimates, adding 2018 numbers, and reiterating our Overweight rating and $55 price target. LTC's 4Q16 results are in-line, but the acquisition market remains tough, and we expect most of this year's investments will be with existing operators. At the same time, while we do not expect a major change in LTC's strategy, it is contemplating some changes to its triple net lease structure that might help the company win more business by adding escalator options and offering modified NNN leases that formally commit to the future development of existing properties. These potential changes constitute a promising approach to a tough market and do not, we believe, involve greater risks." (2/27/2017)

Some companies that are related to LTC Properties include Healthcare Realty Trust Incorporated (HR), National Health Investors (NHI), Physicians Realty Trust (DOC), Care Capital Properties (CCP), Assura PLC (AGR), Primary Health Properties PLC (PHP), MedEquities Realty Trust (MRT), Community Healthcare Trust Incorporated (CHCT), Aviv REIT (AVIV), CareTrust REIT (CTRE), Global Medical REIT (GMRE) and Sabra Healthcare REIT (SBRA).

LTC Properties' management team includes the folowing people:

• Wendy L. Simpson, Chairman of the Board, President, Chief Executive Officer
• Pamela J. Shelley-Kessler, Chief Financial Officer, Executive Vice President, Corporate Secretary
• Clint B. Malin, Executive Vice President, Chief Investment Officer
• Boyd W. Hendrickson, Lead Independent Director
• James J. Pieczynski, Independent Director
• Devra G. Shapiro CPA, Independent Director
• Timothy J. Triche M.D., Independent Director

LTC Properties' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Tributary Capital Management LLC (0.86%), Capstone Asset Management Co. (0.28%), Nisa Investment Advisors LLC (0.20%), Great West Life Assurance Co. Can (0.19%), Strs Ohio (0.16%) and First National Bank of Omaha (0.16%). Company insiders that own LTC Properties stock include Brent P Chappell, Clint B Malin, Pamela Shelley-Kessler and Timothy Triche. View Institutional Ownership Trends for LTC Properties.

LTC Properties' stock was sold by a variety of institutional investors in the last quarter, including James Investment Research Inc., Strs Ohio, Nisa Investment Advisors LLC, Creative Planning, Russell Investments Group Ltd., Independent Portfolio Consultants Inc. and First National Bank of Omaha. View Insider Buying and Selling for LTC Properties.

LTC Properties' stock was purchased by a variety of institutional investors in the last quarter, including Tributary Capital Management LLC, Exane Derivatives, Forsta AP Fonden, Legato Capital Management LLC, Gradient Investments LLC, Aperio Group LLC, Campbell & CO Investment Adviser LLC and Park Avenue Securities LLC. View Insider Buying and Selling for LTC Properties.

Shares of LTC Properties can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of LTC Properties stock can currently be purchased for approximately $51.33.