NYSE:LTC LTC Properties - LTC Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding LTC Properties, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $33.58 -0.03 (-0.09%) (As of 03/28/2023 12:00 AM ET) Add Compare Share Share Today's Range$33.37▼$33.8050-Day Range$32.08▼$38.6652-Week Range$31.90▼$45.49Volume164,702 shsAverage Volume304,698 shsMarket Capitalization$1.39 billionP/E Ratio13.54Dividend Yield6.79%Price Target$40.14 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media LTC Properties MarketRank™ ForecastAnalyst RatingHold2.14 Rating ScoreUpside/Downside19.5% Upside$40.14 Price TargetShort InterestHealthy2.28% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.49Based on 4 Articles This WeekInsider TradingSelling Shares$19,250 Sold Last QuarterProj. Earnings Growth5.62%From $2.67 to $2.82 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.24 out of 5 starsFinance Sector589th out of 891 stocksReal Estate Investment Trusts Industry126th out of 190 stocks 2.1 Analyst's Opinion Consensus RatingLTC Properties has received a consensus rating of Hold. The company's average rating score is 2.14, and is based on 3 buy ratings, 2 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $40.14, LTC Properties has a forecasted upside of 19.5% from its current price of $33.58.Amount of Analyst CoverageLTC Properties has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.28% of the outstanding shares of LTC Properties have been sold short.Short Interest Ratio / Days to CoverLTC Properties has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in LTC Properties has recently increased by 6.99%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipLTC Properties is a leading dividend payer. It pays a dividend yield of 6.88%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthLTC Properties does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of LTC Properties is 91.94%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, LTC Properties will have a dividend payout ratio of 80.85% in the coming year. This indicates that LTC Properties may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for LTC. Previous Next 3.1 News and Social Media Coverage News SentimentLTC Properties has a news sentiment score of 0.49. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for LTC Properties this week, compared to 2 articles on an average week.Search Interest33 people have searched for LTC on MarketBeat in the last 30 days. This is an increase of 14% compared to the previous 30 days.MarketBeat Follows13 people have added LTC Properties to their MarketBeat watchlist in the last 30 days. This is an increase of 44% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, LTC Properties insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $19,250.00 in company stock.Percentage Held by InsidersOnly 2.20% of the stock of LTC Properties is held by insiders.Percentage Held by Institutions72.68% of the stock of LTC Properties is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for LTC Properties are expected to grow by 5.62% in the coming year, from $2.67 to $2.82 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of LTC Properties is 13.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.15.Price to Earnings Ratio vs. SectorThe P/E ratio of LTC Properties is 13.54, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 142.37.Price to Book Value per Share RatioLTC Properties has a P/B Ratio of 1.60. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About LTC Properties (NYSE:LTC) StockLTC Properties, Inc. is a real estate investment trust, which engages in managing seniors housing and health care properties. It operates through the Texas, Michigan, Florida, Wisconsin, Colorado, and Remaining States geographic segments. The company was founded by Andre C. Dimitriadis on May 12, 1992 and is headquartered in Westlake Village, CA.Read More Receive LTC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for LTC Properties and its competitors with MarketBeat's FREE daily newsletter. Email Address LTC Stock News HeadlinesMarch 24, 2023 | marketbeat.com5 Best Dividend Capture Stocks (LTC)You can buy the best dividend capture stocks just before the dividend is paid, hold them long enough to collect the dividend, then sell. Learn more.March 26, 2023 | americanbankingnews.comLTC Properties, Inc. (NYSE:LTC) Given Consensus Recommendation of "Hold" by AnalystsMarch 28, 2023 | Investor Place Media (Ad)Biden To Unleash "Choke Point" Operation On America?Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.March 21, 2023 | markets.businessinsider.comJMP Securities Sticks to Its Buy Rating for Clipper Realty (CLPR)March 20, 2023 | americanbankingnews.comLTC Properties, Inc. (LTC) to Issue Monthly Dividend of $0.19 on March 31stMarch 17, 2023 | finance.yahoo.comThose who invested in LTC Properties (NYSE:LTC) three years ago are up 48%March 16, 2023 | finance.yahoo.comLTC Publishes Inaugural Environmental, Social and Governance (ESG) ReportMarch 2, 2023 | msn.comLTC Properties offloads 2 New Mexico senior centers for $21.3MMarch 28, 2023 | Investor Place Media (Ad)Biden To Unleash "Choke Point" Operation On America?Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.March 2, 2023 | finance.yahoo.comLTC Generates $20.8 Million in Proceeds From Sale of Two Skilled Nursing CentersMarch 1, 2023 | marketwatch.comLTC Properties May Sell Some Brookdale-Operated PropertiesFebruary 28, 2023 | msn.comLTC Properties to diversify portfolio through transition/sale of Brookdale operated propertiesFebruary 27, 2023 | businesswire.comLTC to Diversify Portfolio Through Transition and/or Sale of Brookdale-operated PropertiesFebruary 21, 2023 | finance.yahoo.comLTC Invests $51 million for Refinance of Seniors Housing Campus in Upscale Atlanta AreaFebruary 20, 2023 | finance.yahoo.comLTC Properties, Inc. (NYSE:LTC) Q4 2022 Earnings Call TranscriptFebruary 20, 2023 | seekingalpha.comLTC Properties, Inc. (LTC) Q4 2022 Earnings Call TranscriptFebruary 18, 2023 | finance.yahoo.comLTC Properties Full Year 2022 Earnings: Revenues Beat Expectations, EPS In LineFebruary 17, 2023 | finance.yahoo.comQ4 2022 LTC Properties Inc Earnings CallFebruary 16, 2023 | msn.comLTC Properties Q4 earnings beat as rental income climbsFebruary 16, 2023 | markets.businessinsider.comLTC Properties Q4 Profit, Revenues RiseFebruary 16, 2023 | finance.yahoo.comLTC Reports 2022 Fourth Quarter Results and Discusses Recent ActivitiesFebruary 15, 2023 | msn.comLTC Properties's Earnings OutlookFebruary 14, 2023 | finance.yahoo.comLTC Announces Updated Date of Fourth Quarter 2022 Earnings Release, Conference Call and WebcastFebruary 7, 2023 | finance.yahoo.comGot $5,000? These 2 Stocks Pay Dividends Every MonthJanuary 30, 2023 | bizjournals.comCalifornia REIT buys Greensboro senior living community for $5.1 millionJanuary 27, 2023 | finance.yahoo.comLTC Announces Date of Fourth Quarter 2022 Earnings Release, Conference Call and WebcastJanuary 16, 2023 | finance.yahoo.comLTC Senior Management to Participate in the Stifel 2023 Virtual Seniors Housing & Healthcare Real Estate ConferenceSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive LTC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for LTC Properties and its competitors with MarketBeat's FREE daily newsletter. Email Address LTC Company Calendar Last Earnings4/28/2022Ex-Dividend for 2/28 Dividend2/16/2023Dividend Payable2/28/2023Ex-Dividend for 3/31 Dividend3/22/2023Today3/28/2023Dividend Payable3/31/2023Next Earnings (Estimated)4/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustrySpecialized REITs SectorFinance Current SymbolNYSE:LTC CUSIP50217510 CIK887905 Webwww.ltcreit.com Phone(805) 981-8655Fax805-981-8663Employees25Year Founded1992Price Target and Rating Average Stock Price Forecast$40.14 High Stock Price Forecast$47.00 Low Stock Price Forecast$35.00 Forecasted Upside/Downside+19.5%Consensus RatingHold Rating Score (0-4)2.14 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$2.48 Trailing P/E Ratio13.54 Forward P/E Ratio12.58 P/E GrowthN/ANet Income$100.02 million Net Margins56.95% Pretax Margin57.43% Return on Equity12.36% Return on Assets6.21% Debt Debt-to-Equity Ratio0.90 Current Ratio13.87 Quick Ratio13.87 Sales & Book Value Annual Sales$175.15 million Price / Sales7.93 Cash Flow$3.49 per share Price / Cash Flow9.61 Book Value$20.99 per share Price / Book1.60Miscellaneous Outstanding Shares41,370,000Free Float40,463,000Market Cap$1.39 billion OptionableOptionable Beta0.95 Key ExecutivesWendy L. SimpsonChairman & Chief Executive OfficerPamela J. Shelley-KesslerCo-President, Chief Financial Officer & SecretaryClint B. MalinCo-President & Chief Investment OfficerCaroline L. ChikhaleTreasurer, Chief Accounting Officer & Executive VPDouglas A. KoreyManaging Director-Business Development, SVPKey CompetitorsService Properties TrustNASDAQ:SVCDiamondRock HospitalityNYSE:DRHRLJ Lodging TrustNYSE:RLJPebblebrook Hotel TrustNYSE:PEBCoreCivicNYSE:CXWView All CompetitorsInsiders & InstitutionsNatixisBought 22,600 shares on 2/24/2023Ownership: 0.055%Truist Financial CorpBought 16,681 shares on 2/17/2023Ownership: 0.041%Adams Wealth ManagementBought 2,094 shares on 2/17/2023Ownership: 0.035%Alliancebernstein L.P.Sold 1,294 shares on 2/16/2023Ownership: 0.150%State of WyomingSold 2,193 shares on 2/16/2023Ownership: 0.009%View All Insider TransactionsView All Institutional Transactions LTC Stock - Frequently Asked Questions Should I buy or sell LTC Properties stock right now? 7 Wall Street research 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 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" LTC shares. 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 LTC analyst ratings or view top-rated stocks. What is LTC Properties' stock price forecast for 2023? 7 Wall Street analysts have issued twelve-month price targets for LTC Properties' stock. Their LTC share price forecasts range from $35.00 to $47.00. On average, they expect the company's share price to reach $40.14 in the next twelve months. This suggests a possible upside of 19.5% from the stock's current price. View analysts price targets for LTC or view top-rated stocks among Wall Street analysts. How have LTC shares performed in 2023? LTC Properties' stock was trading at $35.53 at the beginning of the year. Since then, LTC shares have decreased by 5.5% and is now trading at $33.58. View the best growth stocks for 2023 here. Are investors shorting LTC Properties? LTC Properties saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 942,900 shares, an increase of 7.0% from the February 28th total of 881,300 shares. Based on an average trading volume of 300,100 shares, the short-interest ratio is presently 3.1 days. View LTC Properties' Short Interest. When is LTC Properties' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023. View our LTC earnings forecast. How were LTC Properties' earnings last quarter? LTC Properties, Inc. (NYSE:LTC) issued its quarterly earnings data on Thursday, April, 28th. The real estate investment trust reported $0.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.62 by $0.26. The real estate investment trust had revenue of $40.80 million for the quarter, compared to analyst estimates of $37.08 million. LTC Properties had a net margin of 56.95% and a trailing twelve-month return on equity of 12.36%. The firm's revenue for the quarter was up 1.2% on a year-over-year basis. During the same quarter last year, the company posted $0.62 earnings per share. How often does LTC Properties pay dividends? What is the dividend yield for LTC Properties? LTC Properties declared a monthly dividend on Tuesday, January 3rd. Stockholders of record on Thursday, March 23rd will be paid a dividend of $0.19 per share on Friday, March 31st. This represents a $2.28 dividend on an annualized basis and a yield of 6.79%. The ex-dividend date is Wednesday, March 22nd. Read our dividend analysis for LTC. What ETFs hold LTC Properties' stock? ETFs with the largest weight of LTC Properties (NYSE:LTC) stock in their portfolio include Global X SuperDividend REIT ETF (SRET), Hoya Capital High Dividend Yield ETF (RIET), ETC 6 Meridian Small Cap Equity ETF (SIXS), SPDR S&P Global Dividend ETF (WDIV), Cambria Global Real Estate ETF (BLDG), Invesco S&P SmallCap Low Volatility ETF (XSLV), Invesco S&P SmallCap Financials ETF (PSCF) and Arrow Dow Jones Global Yield ETF (GYLD). Is LTC Properties a good dividend stock? LTC Properties (NYSE:LTC) pays an annual dividend of $2.28 per share and currently has a dividend yield of 6.88%. LTC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 91.94%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, LTC will have a dividend payout ratio of 80.85% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for LTC. What other stocks do shareholders of LTC Properties own? 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), EPR Properties (EPR). What is LTC Properties' stock symbol? LTC Properties trades on the New York Stock Exchange (NYSE) under the ticker symbol "LTC." Who are LTC Properties' major shareholders? LTC Properties' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Geode Capital Management LLC (2.06%), Charles Schwab Investment Management Inc. (1.46%), Dimensional Fund Advisors LP (1.37%), Morgan Stanley (1.03%), Advisors Capital Management LLC (1.00%) and Norges Bank (0.98%). Insiders that own company stock include Caroline Chikhale, Timothy Triche and Wendy Simpson. View institutional ownership trends. How do I buy shares of LTC Properties? Shares of LTC stock 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. Compare Top Brokerages Here. What is LTC Properties' stock price today? One share of LTC stock can currently be purchased for approximately $33.58. How much money does LTC Properties make? LTC Properties (NYSE:LTC) has a market capitalization of $1.39 billion and generates $175.15 million in revenue each year. The real estate investment trust earns $100.02 million in net income (profit) each year or $2.48 on an earnings per share basis. How can I contact LTC Properties? LTC Properties' mailing address is 2829 TOWNSGATE ROAD SUITE 350, WESTLAKE VILLAGE CA, 91361. The official website for the company is www.ltcreit.com. The real estate investment trust can be reached via phone at (805) 981-8655, via email at investor.relations@ltcproperties.com, or via fax at 805-981-8663. This page (NYSE:LTC) was last updated on 3/28/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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