LTC Properties Stock Forecast, Price & News

LTC Properties' stock was trading at $36.99 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, LTC shares have decreased by 10.8% and is now trading at $33.00.
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8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LTC Properties in the last year. There are currently 3 sell ratings, 3 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) released its earnings results on Thursday, July, 30th. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.71 by $0.66. The real estate investment trust earned $38.02 million during the quarter, compared to analysts' expectations 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 declared a monthly dividend on Monday, October 5th. Shareholders of record on Wednesday, December 23rd will be given a dividend of $0.19 per share on Thursday, December 31st. This represents a $2.28 annualized dividend and a yield of 6.91%. The ex-dividend date is Tuesday, December 22nd.
View LTC Properties' dividend history.

8 Wall Street analysts have issued 1 year price objectives for LTC Properties' stock. Their forecasts range from $30.00 to $55.00. On average, they anticipate LTC Properties' stock price to reach $37.86 in the next year. This suggests a possible upside of 14.7% from the stock's current price.
View analysts' price targets for LTC Properties.

LTC Properties saw a drop in short interest in the month of September. As of September 30th, there was short interest totaling 903,000 shares, a drop of 34.1% from the September 15th total of 1,370,000 shares. Based on an average trading volume of 277,100 shares, the short-interest ratio is currently 3.3 days. Currently, 2.4% of the company's stock are short sold.
View LTC Properties' Short Interest.

Some companies that are related to LTC Properties include American Tower (AMT), Public Storage (PSA), Welltower (WELL), Weyerhaeuser (WY), Extra Space Storage (EXR), Ventas (VTR), HCP (HCP), 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 PotlatchDeltic (PCH).
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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), Ventas (VTR), Stag Industrial (STAG), Cisco Systems (CSCO), Johnson & Johnson (JNJ), Verizon Communications (VZ), Apache (APA) and EPR Properties (EPR).

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

LTC Properties' stock is owned by a variety of retail and institutional investors. Top institutional investors include Crossmark Global Holdings Inc. (0.30%), Nisa Investment Advisors LLC (0.19%), State of New Jersey Common Pension Fund D (0.16%), Envestnet Asset Management Inc. (0.11%), Alberta Investment Management Corp (0.09%) and Keudell Morrison Wealth Management (0.09%). 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 Albert D Mason Inc., Alberta Investment Management Corp, Crossmark Global Holdings Inc., CWM LLC, Envestnet Asset Management Inc., and Cambridge Investment Research Advisors Inc..
View insider buying and selling activity for LTC Properties.

LTC stock was purchased by a variety of institutional investors in the last quarter, including Avantax Advisory Services Inc., Keudell Morrison Wealth Management, Louisiana State Employees Retirement System, State of New Jersey Common Pension Fund D, GW Henssler & Associates Ltd., and Nisa Investment Advisors 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 $33.00.

LTC Properties has a market capitalization of $1.30 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]