LTC Properties Stock Forecast, Price & News

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for LTC Properties in the last year. There are currently 3 sell ratings, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" LTC Properties stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LTC, but not buy additional shares or sell existing shares.
View analyst ratings for LTC Properties or view top-rated stocks.

Wall Street analysts have given LTC Properties a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but LTC Properties wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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LTC Properties saw a decrease in short interest in the month of February. As of February 12th, there was short interest totaling 755,500 shares, a decrease of 17.6% from the January 28th total of 917,100 shares. Based on an average daily trading volume, of 231,700 shares, the days-to-cover ratio is currently 3.3 days. Approximately 2.0% of the company's stock are short sold.
View LTC Properties' Short Interest.

LTC Properties is scheduled to release its next quarterly earnings announcement on Monday, May 3rd 2021.
View our earnings forecast for LTC Properties.

LTC Properties, Inc. (NYSE:LTC) announced its quarterly earnings data on Thursday, February, 18th. The real estate investment trust reported $0.45 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.46 by $0.01. LTC Properties had a trailing twelve-month return on equity of 11.41% and a net margin of 56.46%.
View LTC Properties' earnings history.

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 shares have increased by 17.2% and is now trading at $43.35.
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LTC Properties announced a monthly dividend on Wednesday, January 6th. Stockholders of record on Tuesday, March 23rd will be paid a dividend of $0.19 per share on Wednesday, March 31st. This represents a $2.28 dividend on an annualized basis and a yield of 5.26%. The ex-dividend date is Monday, March 22nd.
View LTC Properties' dividend history.

LTC Properties pays an annual dividend of $2.28 per share and currently has a dividend yield of 5.41%. LTC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. LTC Properties does not yet have a strock track record of dividend growth. The dividend payout ratio of LTC Properties is 74.03%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, LTC Properties will have a dividend payout ratio of 79.44% in the coming year. This indicates that LTC Properties may not be able to sustain their current dividend.
View LTC Properties' dividend history.

8 Wall Street analysts have issued 12 month target prices for LTC Properties' shares. Their forecasts range from $35.00 to $39.00. On average, they anticipate LTC Properties' stock price to reach $37.33 in the next twelve months. This suggests that the stock has a possible downside of 13.9%.
View analysts' price targets for LTC Properties or view top-rated stocks among Wall Street analysts.

Some companies that are related to LTC Properties include American Tower (AMT), Public Storage (PSA), Welltower (WELL), Weyerhaeuser (WY), Ventas (VTR), Extra Space Storage (EXR), Medical Properties Trust (MPW), Omega Healthcare Investors (OHI), CubeSmart (CUBE), Life Storage (LSI), Rayonier (RYN), Ryman Hospitality Properties (RHP), Healthcare Realty Trust (HR), Sabra Health Care REIT (SBRA) and EPR Properties (EPR).
View all of LTC's competitors.

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), (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 institutional and retail investors. Top institutional investors include BlackRock Inc. (18.11%), Bank of New York Mellon Corp (4.15%), Northern Trust Corp (2.34%), Dimensional Fund Advisors LP (1.52%), Dimensional Fund Advisors LP (1.52%) and Norges Bank (1.44%). 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 Victory Capital Management Inc., Crossmark Global Holdings Inc., Nuveen Asset Management LLC, Uniplan Investment Counsel Inc., Voloridge Investment Management LLC, Northern Trust Corp, Los Angeles Capital Management LLC, and Dimensional Fund Advisors LP.
View insider buying and selling activity for LTC Properties or view top insider-selling stocks.

LTC stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, BlackRock Inc., Russell Investments Group Ltd., Bank of New York Mellon Corp, JPMorgan Chase & Co., Healthcare of Ontario Pension Plan Trust Fund, Healthcare of Ontario Pension Plan Trust Fund, and American International Group Inc..
View insider buying and selling activity for LTC Properties or or view top insider-buying stocks.

Shares of LTC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of LTC stock can currently be purchased for approximately $43.35.

LTC Properties has a market capitalization of $1.70 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 24 workers across the globe.

The official website for LTC Properties is www.ltcreit.com.

LTC Properties is headquartered at 2829 TOWNSGATE ROAD SUITE 350, WESTLAKE VILLAGE CA, 91361.

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]