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 Date11/4/2019 (Estimated)
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 dividend on Monday, July 1st. Shareholders of record on Thursday, August 22nd will be given a dividend of $0.19 per share on Friday, August 30th. The ex-dividend date of this dividend is Wednesday, August 21st. View LTC Properties' Dividend History.
How were LTC Properties' earnings last quarter?
LTC Properties Inc (NYSE:LTC) issued its earnings results on Thursday, August, 8th. The real estate investment trust reported $0.51 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.76 by $0.25. The real estate investment trust earned $38.28 million during the quarter, compared to analysts' expectations of $30.54 million. LTC Properties had a return on equity of 13.18% and a net margin of 63.58%. View LTC Properties' Earnings History.
When is LTC Properties' next earnings date?
What price target have analysts set for LTC?
3 brokers have issued 1-year target prices for LTC Properties' shares. Their forecasts range from $19.00 to $40.00. On average, they expect LTC Properties' share price to reach $33.00 in the next twelve months. This suggests that the stock has a possible downside of 32.4%. View Analyst Price Targets for LTC Properties.
What is the consensus analysts' recommendation for LTC Properties?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LTC Properties in the last year. There are currently 3 sell ratings for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for LTC Properties.
Has LTC Properties been receiving favorable news coverage?
News articles about LTC stock have trended positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. LTC Properties earned a daily sentiment score of 2.5 on InfoTrie's scale. They also gave headlines about the real estate investment trust a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the stock's share price in the next several days. View News Stories for LTC Properties.
Are investors shorting LTC Properties?
LTC Properties saw a decline in short interest in the month of July. As of July 31st, there was short interest totalling 901,300 shares, a decline of 13.5% from the June 30th total of 1,042,500 shares. Based on an average daily trading volume, of 200,900 shares, the short-interest ratio is presently 4.5 days. Currently, 2.3% of the company's shares are sold short. View LTC Properties' Current Options Chain.
Who are some of LTC Properties' key competitors?
Some companies that are related to LTC Properties include Liberty Property Trust (LPT), American Homes 4 Rent (AMH), Apartment Investment and Management (AIV), Lamar Advertising (LAMR), Douglas Emmett (DEI), AmeriCold Realty Trust (COLD), CubeSmart (CUBE), Starwood Property Trust (STWD), American Campus Communities (ACC), SL Green Realty (SLG), New Residential Investment (NRZ), EPR Properties (EPR), Healthcare Trust Of America (HTA), Howard Hughes (HHC) and Brixmor Property Group (BRX).
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 number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (17.27%), BlackRock Inc. (17.26%), 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 and Timothy Triche. 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. 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, Scottrade, Fidelity and Charles Schwab.
What is LTC Properties' stock price today?
One share of LTC stock can currently be purchased for approximately $48.84.
How big of a company is LTC Properties?
LTC Properties has a market capitalization of $1.94 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?
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.
