NYSE:LTC

LTC Properties Stock Forecast, Price & News

$38.53
+0.21 (+0.55 %)
(As of 06/22/2021 01:05 PM ET)
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Today's Range
$38.17
$38.65
50-Day Range
$37.58
$43.63
52-Week Range
$32.01
$44.73
Volume1,610 shs
Average Volume255,178 shs
Market Capitalization$1.52 billion
P/E Ratio33.22
Dividend Yield6.07%
Beta0.96
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LTC Properties logo

About LTC Properties

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 181 investments in 27 states with 29 operating partners. The portfolio is comprised of approximately 50% seniors housing and 50% skilled nursing properties.

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MarketRank

Overall MarketRank

1.50 out of 5 stars

Finance Sector

690th out of 1,980 stocks

Real Estate Investment Trusts Industry

169th out of 275 stocks

Analyst Opinion: 0.8Community Rank: 2.1Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
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LTC Properties (NYSE:LTC) Frequently Asked Questions

Is LTC Properties a buy right now?

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

What stocks does MarketBeat like better than LTC Properties?

Wall Street analysts have given LTC Properties a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but LTC Properties wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is LTC Properties' next earnings date?

LTC Properties is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for LTC Properties
.

How were LTC Properties' earnings last quarter?

LTC Properties, Inc. (NYSE:LTC) announced its earnings results on Thursday, April, 29th. The real estate investment trust reported $0.35 EPS for the quarter, missing the consensus estimate of $0.69 by $0.34. LTC Properties had a trailing twelve-month return on equity of 5.82% and a net margin of 29.51%.
View LTC Properties' earnings history
.

How has LTC Properties' stock been impacted by COVID-19?

LTC Properties' stock was trading at $36.99 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, LTC stock has increased by 3.7% and is now trading at $38.36.
View which stocks have been most impacted by COVID-19
.

How often does LTC Properties pay dividends? What is the dividend yield for LTC Properties?

LTC Properties announced a monthly dividend on Tuesday, April 6th. Stockholders of record on Tuesday, June 22nd will be given a dividend of $0.19 per share on Wednesday, June 30th. This represents a $2.28 dividend on an annualized basis and a yield of 5.94%. The ex-dividend date of this dividend is Monday, June 21st.
View LTC Properties' dividend history
.

Is LTC Properties a good dividend stock?

LTC Properties pays an annual dividend of $2.28 per share and currently has a dividend yield of 6.07%. 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 strong track record of dividend growth. The dividend payout ratio of LTC Properties is 94.61%. Payout ratios above 75% are not desirable because they may not be sustainable. 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.

What price target have analysts set for LTC?

5 Wall Street analysts have issued 12-month price targets for LTC Properties' shares. Their forecasts range from $35.00 to $44.00. On average, they expect LTC Properties' stock price to reach $38.50 in the next twelve months. This suggests a possible upside of 0.4% from the stock's current price.
View analysts' price targets for LTC Properties
or view top-rated stocks among Wall Street analysts.

Who are LTC Properties' key executives?

LTC Properties' management team includes the following people:
  • Ms. Wendy L. Simpson, Chairman & CEO (Age 72, Pay $1.7M)
  • Ms. Pamela J. Shelley-Kessler CPA, CPA, CFO, Co-Pres & Corp. Sec. (Age 55, Pay $902.01k)
  • Mr. Clint B. Malin, Chief Investment Officer & Co-Pres (Age 48, Pay $895.42k)
  • Ms. Caroline L. Chikhale, Exec. VP, Chief Accounting Officer & Treasurer (Age 44)
  • Ms. Mandi M. Hogan, VP of Marketing & Investor Relations
  • Ms. Leanne Davis, Human Resource Mang.
  • Mr. Douglas A. Korey, Exec. VP & MD of Bus. Devel.
  • Mr. J. Gibson Satterwhite, Sr. VP of Asset Management
  • Ms. Rachel Son, VP & Controller
  • Mr. Peter G. Lyew, VP & Director of Tax (Age 63)

Who are some of LTC Properties' key competitors?

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), (APA) and 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 many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (18.55%), Bank of New York Mellon Corp (4.13%), Northern Trust Corp (1.96%), Geode Capital Management LLC (1.96%), Dimensional Fund Advisors LP (1.50%) and Uniplan Investment Counsel Inc. (1.11%). Company insiders that own LTC Properties stock include James Pieczynski and Wendy Simpson.
View institutional ownership trends for LTC Properties
.

Which institutional investors are selling LTC Properties stock?

LTC stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Northern Trust Corp, Federated Hermes Inc., UBS Group AG, Panagora Asset Management Inc., Morgan Stanley, Citigroup Inc., and State Board of Administration of Florida Retirement System.
View insider buying and selling activity for LTC Properties
or view top insider-selling stocks.

Which institutional investors are buying LTC Properties stock?

LTC stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Mirae Asset Global Investments Co. Ltd., JPMorgan Chase & Co., Geode Capital Management LLC, DekaBank Deutsche Girozentrale, Meeder Asset Management Inc., Russell Investments Group Ltd., and UBS Asset Management Americas Inc..
View insider buying and selling activity for LTC Properties
or or view top insider-buying stocks.

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 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 $38.36.

How much money does LTC Properties make?

LTC Properties has a market capitalization of $1.51 billion and generates $159.34 million in revenue each year. The real estate investment trust earns $95.29 million in net income (profit) each year or $2.41 on an earnings per share basis.

How many employees does LTC Properties have?

LTC Properties employs 24 workers across the globe.

What is LTC Properties' official website?

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

Where are LTC Properties' headquarters?

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

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]


This page was last updated on 6/22/2021 by MarketBeat.com Staff
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