LTC Properties - LTC Stock Forecast, Price & News

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for LTC Properties in the last twelve months. There are currently 2 sell ratings, 3 hold ratings and 2 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.

7 Wall Street analysts have issued 1 year price objectives for LTC Properties' stock. Their LTC share price forecasts range from $35.00 to $47.00. On average, they anticipate the company's share price to reach $40.14 in the next twelve months. This suggests a possible upside of 3.8% from the stock's current price.
View analysts price targets for LTC or view top-rated stocks among Wall Street analysts.

LTC Properties' stock was trading at $35.53 at the beginning of 2023. Since then, LTC stock has increased by 8.8% and is now trading at $38.66.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023.
View our LTC earnings forecast.

LTC Properties will be holding an earnings conference call on Friday, February 17th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 226-828-7578 with passcode "340552".

LTC Properties, Inc. (NYSE:LTC) issued its quarterly earnings results on Thursday, April, 28th. The real estate investment trust reported $0.36 earnings per share for the quarter, missing analysts' consensus estimates of $0.62 by $0.26. The real estate investment trust had revenue of $40.80 million for the quarter, compared to analysts' expectations of $37.08 million. LTC Properties had a net margin of 56.76% and a trailing twelve-month return on equity of 12.12%. LTC Properties's quarterly revenue was up 1.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.62 earnings per share.

LTC Properties declared a monthly dividend on Thursday, January 5th. Shareholders of record on Thursday, March 23rd will be given a dividend of $0.19 per share on Friday, March 31st. This represents a $2.28 annualized dividend and a dividend yield of 5.90%. The ex-dividend date of this dividend is Wednesday, March 22nd.
Read our dividend analysis for LTC.

LTC Properties (NYSE:LTC) pays an annual dividend of $2.28 per share and currently has a dividend yield of 5.98%. LTC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 96.61%. 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 82.91% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for LTC.

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).

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 shareholders include New York State Teachers Retirement System (0.19%), Keudell Morrison Wealth Management (0.12%), State of Alaska Department of Revenue (0.12%), Nisa Investment Advisors LLC (0.11%), Sumitomo Mitsui Trust Holdings Inc. (0.11%) and New York State Common Retirement Fund (0.10%). Insiders that own company stock include Caroline Chikhale, James Pieczynski, Timothy Triche and Wendy Simpson.
View institutional ownership trends.

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.

One share of LTC stock can currently be purchased for approximately $38.66.

LTC Properties (NYSE:LTC) has a market capitalization of $1.57 billion and generates $155.32 million in revenue each year. The real estate investment trust earns $55.86 million in net income (profit) each year or $2.36 on an earnings per share basis.

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.