LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC holds more than 200 investments in 28 states with 30 operating partners. The portfolio is comprised of approximately 50% seniors housing and 50% skilled nursing properties.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
Phone805-981-8655
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$168.65 million
Profitability
Miscellaneous
Employees21
Next Earnings Date5/9/2019 (Confirmed)
OptionableOptionable
LTC Properties (NYSE:LTC) Frequently Asked Questions
What is LTC Properties' stock symbol?
LTC Properties trades on the New York Stock Exchange (NYSE) under the ticker symbol "LTC."
How often does LTC Properties pay dividends? What is the dividend yield for LTC Properties?
LTC Properties declared a monthly dividend on Tuesday, April 2nd. Stockholders of record on Thursday, June 20th will be given a dividend of $0.19 per share on Friday, June 28th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 5.14%. The ex-dividend date is Wednesday, June 19th. View LTC Properties' Dividend History.
How were LTC Properties' earnings last quarter?
LTC Properties Inc (NYSE:LTC) issued its earnings results on Wednesday, August, 8th. The real estate investment trust reported $1.73 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.98. The real estate investment trust had revenue of $33.93 million for the quarter, compared to analyst estimates of $34.55 million. LTC Properties had a net margin of 91.85% and a return on equity of 19.25%. View LTC Properties' Earnings History.
When is LTC Properties' next earnings date?
What price target have analysts set for LTC?
4 brokerages have issued 1-year price targets for LTC Properties' stock. Their forecasts range from $40.00 to $46.00. On average, they anticipate LTC Properties' stock price to reach $42.25 in the next twelve months. This suggests that the stock has a possible downside of 4.7%. View Analyst Price Targets for LTC Properties.
What is the consensus analysts' recommendation for LTC Properties?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LTC Properties in the last year. There are currently 2 sell ratings, 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for LTC Properties.
What are Wall Street analysts saying about LTC Properties stock?
Here are some recent quotes from research analysts about LTC Properties stock:
- 1. According to Zacks Investment Research, "LTC Properties, Inc., a health care real estate investment trust, invests primarily in long-term care and other health care related facilities through mortgage loans, facility lease transactions and other investments. Their primary objectives are to sustain and enhance stockholder equity value and provide current income for distribution to stockholders through real estate investments in long-term care facilities and other health care related facilities managed by experienced operators providing quality care. " (2/21/2019)
- 2. Cantor Fitzgerald analysts commented, "We are reiterating our Overweight rating on LTC, and we are raising price target to $46 from $45, and raising our 2018-19 outlook modesly on evidence that Anthem is stabilizing and its increased liquidity, which we believe could herald some pickup in acquisitions, after a relatively long slow spell. LTC’s 2Q18 numbers were in-line with our estimates, although normalized AFFO was higher (lower straight line rent), and the company raised its FFO guidance by $0.03. LTC was relatively active in 2Q18, selling the Sunrise portfolio (six properties), establishing relationships with five new private pay regional operators, acquiring two memory care communities in Texas, and amending its credit agreement." (8/9/2018)
Has LTC Properties been receiving favorable news coverage?
Headlines about LTC stock have trended neutral recently, according to InfoTrie. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. LTC Properties earned a news impact score of 0.3 on InfoTrie's scale. They also assigned media headlines about the real estate investment trust a news buzz of 8.0 out of 10, indicating that recent news coverage is very likely to have an impact on the company's share price in the next several days.
Who are some of LTC Properties' key competitors?
Some companies that are related to LTC Properties include Douglas Emmett (DEI), New Residential Investment (NRZ), American Homes 4 Rent (AMH), American Campus Communities (ACC), Starwood Property Trust (STWD), Medical Properties Trust (MPW), CyrusOne (CONE), CubeSmart (CUBE), EPR Properties (EPR), Macerich (MAC), Healthcare Trust Of America (HTA), Brixmor Property Group (BRX), JBG SMITH Properties (JBGS), Howard Hughes (HHC) and AmeriCold Realty Trust (COLD).
What other stocks do shareholders of LTC Properties own?
Who are LTC Properties' key executives?
LTC Properties' management team includes the folowing people:
- Ms. Wendy L. Simpson, Chairman, CEO & Pres (Age 70)
- Ms. Pamela J. Shelley-Kessler C.P.A., CPA, Exec. VP, CFO & Corp. Sec. (Age 53)
- Mr. Clint B. Malin, Exec. VP & Chief Investment Officer (Age 46)
- Mr. Douglas A. Korey, Sr. VP & MD of Bus. Devel.
- Ms. Mandi Hogan, VP of Marketing
Who are LTC Properties' major shareholders?
LTC Properties' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Tributary Capital Management LLC (1.12%), Nisa Investment Advisors LLC (0.20%), Strs Ohio (0.16%), Los Angeles Capital Management & Equity Research Inc. (0.14%), Virginia Retirement Systems ET AL (0.13%) and Creative Planning (0.07%). Company insiders that own LTC Properties stock include Boyd W Hendrickson, James Pieczynski and Timothy Triche. View Institutional Ownership Trends for LTC Properties.
Which major investors are selling LTC Properties stock?
Which major investors are buying LTC Properties stock?
LTC stock was bought by a variety of institutional investors in the last quarter, including Tributary Capital Management LLC, Virginia Retirement Systems ET AL, Nisa Investment Advisors LLC, BNP Paribas Arbitrage SA, Squar Milner Financial Services LLC and Massey Quick Simon & CO. LLC. View Insider Buying and Selling for LTC Properties.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is LTC Properties' stock price today?
One share of LTC stock can currently be purchased for approximately $44.32.
How big of a company is LTC Properties?
LTC Properties has a market capitalization of $1.76 billion and generates $168.65 million in revenue each year. The real estate investment trust earns $154.98 million in net income (profit) each year or $3.06 on an earnings per share basis. LTC Properties employs 21 workers across the globe.
What is LTC Properties' official website?
How can I contact LTC Properties?
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]
MarketBeat Community Rating for LTC Properties (NYSE LTC)
MarketBeat's community ratings are surveys of what our community members think about LTC Properties and other stocks. Vote "Outperform" if you believe LTC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LTC will underperform the S&P 500 over the long term. You may vote once every thirty days.
