NYSE:LTC - LTC Properties Stock Price, News & Analysis

$49.19
-0.52 (-1.05 %)
(As of 09/15/2019 03:57 PM ET)
Today's Range
$49.08
Now: $49.19
$50.28
50-Day Range
$45.37
MA: $48.13
$50.07
52-Week Range
$40.11
Now: $49.19
$50.52
Volume190,780 shs
Average Volume145,181 shs
Market Capitalization$1.96 billion
P/E Ratio16.08
Dividend Yield4.59%
Beta0.39
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
CUSIP50217510
Phone805-981-8655

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$168.65 million
Cash Flow$4.8559 per share
Book Value$21.00 per share

Profitability

Net Income$154.98 million

Miscellaneous

Employees21
Market Cap$1.96 billion
Next Earnings Date11/4/2019 (Estimated)
OptionableOptionable

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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 announced a dividend on Monday, July 1st. Shareholders of record on Friday, September 20th will be given a dividend of $0.19 per share on Monday, September 30th. The ex-dividend date of this dividend is Thursday, September 19th. View LTC Properties' Dividend History.

How were LTC Properties' earnings last quarter?

LTC Properties Inc (NYSE:LTC) issued its quarterly earnings results on Thursday, August, 8th. The real estate investment trust reported $0.51 EPS for the quarter, missing the consensus estimate of $0.76 by $0.25. The real estate investment trust earned $38.28 million during the quarter, compared to analyst estimates of $30.54 million. LTC Properties had a net margin of 63.58% and a return on equity of 13.18%. View LTC Properties' Earnings History.

When is LTC Properties' next earnings date?

LTC Properties is scheduled to release their next quarterly earnings announcement on Monday, November 4th 2019. View Earnings Estimates for LTC Properties.

What price target have analysts set for LTC?

4 equities research analysts have issued twelve-month price objectives for LTC Properties' shares. Their predictions range from $19.00 to $49.00. On average, they expect LTC Properties' share price to reach $37.00 in the next twelve months. This suggests that the stock has a possible downside of 24.8%. 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 3 sell ratings and 1 hold rating for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for LTC Properties.

Has LTC Properties been receiving favorable news coverage?

Press coverage about LTC stock has been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. LTC Properties earned a daily sentiment score of 0.9 on InfoTrie's scale. They also gave media headlines about the real estate investment trust a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for LTC Properties.

Are investors shorting LTC Properties?

LTC Properties saw a drop in short interest during the month of August. As of August 31st, there was short interest totalling 844,100 shares, a drop of 6.3% from the July 31st total of 901,300 shares. Based on an average daily trading volume, of 204,300 shares, the short-interest ratio is currently 4.1 days. Approximately 2.2% of the company's shares are sold short. View LTC Properties' Current Options Chain.

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), Blackstone Mortgage Trust (BXMT), Exxon Mobil (XOM), Endologix (ELGX), Apache (APA), Ventas (VTR), Omega Healthcare Investors (OHI), Archer Daniels Midland (ADM) and Stag Industrial (STAG).

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 BlackRock Inc. (17.26%), BlackRock Inc. (17.27%), Vanguard Group Inc. (15.52%), Northern Trust Corp (2.34%), Bank of New York Mellon Corp (1.91%) and Victory Capital Management Inc. (1.83%). Company insiders that own LTC Properties stock include Boyd W Hendrickson, James Pieczynski, Timothy Triche 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 Victory Capital Management Inc., Renaissance Technologies LLC, BlackRock Inc., BlackRock Inc., TD Asset Management Inc., SG Americas Securities LLC, Teachers Insurance & Annuity Association of America and Royal Bank of Canada. Company insiders that have sold LTC Properties company stock in the last year include Timothy Triche and Wendy Simpson. View Insider Buying and Selling for LTC Properties.

Which institutional investors are buying LTC Properties stock?

LTC stock was acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, Schroder Investment Management Group, Nuveen Asset Management LLC, AXA, Mackenzie Financial Corp, Mackenzie Financial Corp, First Trust Advisors LP and Bank of New York Mellon Corp. 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, Robinhood, Fidelity and Charles Schwab.

What is LTC Properties' stock price today?

One share of LTC stock can currently be purchased for approximately $49.19.

How big of a company is LTC Properties?

LTC Properties has a market capitalization of $1.96 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.View Additional Information About LTC Properties.

What is LTC Properties' official website?

The official website for LTC Properties is http://www.ltcreit.com/.

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)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  282 (Vote Outperform)
Underperform Votes:  358 (Vote Underperform)
Total Votes:  640
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.
This page was last updated on 9/15/2019 by MarketBeat.com Staff

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