NYSE:LTCLTC Properties Stock Price, Forecast & News

LTC Properties' stock was trading at $36.99 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, LTC stock has increased by 4.6% and is now trading at $38.71.
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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) released its quarterly earnings results on Thursday, July, 30th. The real estate investment trust reported $0.05 earnings per share for the quarter, missing the Zacks' 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 net margin of 62.35% and a return on equity of 13.24%.
View LTC Properties' earnings history.

LTC Properties declared a monthly dividend on Thursday, July 2nd. Investors of record on Friday, August 21st will be given 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 5.89%. The ex-dividend date is Thursday, August 20th.
View LTC Properties' dividend history.

7 brokers have issued 1-year target prices for LTC Properties' shares. Their forecasts range from $30.00 to $55.00. On average, they expect LTC Properties' share price to reach $38.00 in the next year. This suggests that the stock has a possible downside of 1.8%.
View analysts' price targets for LTC Properties.

News stories about LTC stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. LTC Properties earned a media sentiment score of -1.9 on InfoTrie's scale. They also assigned media coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term.
View the latest news about LTC Properties.

LTC Properties saw a decrease in short interest during 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 trading volume of 343,900 shares, the days-to-cover ratio is presently 3.8 days. Approximately 3.4% of the company's stock 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), Ventas (VTR), Blackstone Mortgage Trust (BXMT), Verizon Communications (VZ), Endologix (ELGX), Apache (APA), Cisco Systems (CSCO) and Omega Healthcare Investors (OHI).

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

LTC Properties' stock is owned by a number of institutional and retail investors. Top institutional shareholders 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 bought 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 $38.71.

LTC Properties has a market capitalization of $1.52 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]