NYSE:LTC - LTC Properties Stock Price, Forecast & 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 18.2% and is now trading at $30.2750. View which stocks have been mosted impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LTC Properties in the last year. There are currently 2 sell ratings, 2 hold ratings and 1 buy rating 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, May 14th 2020. View our earnings forecast for LTC Properties.

LTC Properties Inc (NYSE:LTC) issued its quarterly earnings results on Thursday, October, 31st. The real estate investment trust reported $0.68 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.77 by $0.09. The real estate investment trust had revenue of $38.67 million for the quarter, compared to the consensus estimate of $38.94 million. LTC Properties had a net margin of 45.78% and a return on equity of 10.20%. View LTC Properties' earnings history.

LTC Properties announced a monthly dividend on Monday, January 6th. Stockholders of record on Monday, March 23rd will be paid a dividend of $0.19 per share on Tuesday, March 31st. This represents a $2.28 dividend on an annualized basis and a yield of 7.53%. The ex-dividend date is Friday, March 20th. View LTC Properties' dividend history.

5 brokerages have issued 1 year target prices for LTC Properties' shares. Their forecasts range from $19.00 to $55.00. On average, they expect LTC Properties' stock price to reach $39.00 in the next twelve months. This suggests a possible upside of 28.8% from the stock's current price. View analysts' price targets for LTC Properties.

Headlines about LTC stock have been trending very positive this week, according to InfoTrie Sentiment. The research firm ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of 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 3.2 on InfoTrie's scale. They also gave media stories 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 stock's share price in the near term. View the latest news aboutLTC Properties.

LTC Properties saw a decrease in short interest in the month of March. As of March 13th, there was short interest totaling 1,032,300 shares, a decrease of 6.2% from the February 27th total of 1,100,000 shares. Based on an average trading volume of 269,000 shares, the short-interest ratio is presently 3.8 days. Approximately 2.6% of the shares of the stock are short sold. View LTC Properties' Current Options Chain.

Some companies that are related to LTC Properties include American Tower (AMT), Public Storage (PSA), Welltower (WELL), Weyerhaeuser (WY), Extra Space Storage (EXR), HCP (HCP), Ventas (VTR), 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).

Based on aggregate information from My MarketBeat watchlists, some companies that other LTC Properties investors own include Verizon Communications (VZ), HCA Healthcare (HCA), Pandora Media (P), Ryder System (R), AT&T (T), Wells Fargo & Co (WFC), Bank of America (BAC), Altria Group (MO), AbbVie (ABBV) and Ford Motor (F).

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

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 $30.28.

LTC Properties has a market capitalization of $1.20 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. View additional information about LTC Properties.

The official website for LTC Properties is http://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]