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

LTC Properties trades on the New York Stock Exchange (NYSE) under the ticker symbol "LTC."

LTC Properties announced a monthly dividend on Monday, January 6th. Stockholders of record on Monday, March 23rd will be given a dividend of $0.19 per share on Tuesday, March 31st. This represents a $2.28 annualized dividend and a dividend yield of 4.70%. The ex-dividend date of this dividend is Friday, March 20th. View LTC Properties' Dividend History.

LTC Properties Inc (NYSE:LTC) released its quarterly earnings data on Thursday, October, 31st. The real estate investment trust reported $0.68 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.77 by $0.09. The real estate investment trust earned $38.67 million during the quarter, compared to analysts' expectations of $38.94 million. LTC Properties had a net margin of 57.14% and a return on equity of 12.33%. View LTC Properties' Earnings History.

LTC Properties is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for LTC Properties.

LTC Properties will be holding an earnings conference call on Thursday, February 20th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

5 brokerages have issued 1-year price objectives for LTC Properties' stock. Their forecasts range from $19.00 to $51.00. On average, they anticipate LTC Properties' share price to reach $40.80 in the next year. This suggests that the stock has a possible downside of 15.9%. View Analyst Price Targets for LTC Properties.

5 Wall Street 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, resulting in a consensus recommendation of "Hold." View Analyst Ratings for LTC Properties.

Headlines about LTC stock have been trending negative on Wednesday, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. LTC Properties earned a coverage optimism score of -2.7 on InfoTrie's scale. They also gave news articles about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the near term. View News Stories for LTC Properties.

LTC Properties saw a increase in short interest during the month of January. As of January 15th, there was short interest totalling 1,030,000 shares, an increase of 19.0% from the December 31st total of 865,300 shares. Based on an average daily volume of 249,300 shares, the days-to-cover ratio is currently 4.1 days. Currently, 2.6% of the shares of the stock are short sold. View LTC Properties' Current Options Chain.

Some companies that are related to LTC Properties include American Tower (AMT), Public Storage (PSA), Welltower (WELL), Weyerhaeuser (WY), Ventas (VTR), HCP (HCP), Extra Space Storage (EXR), Medical Properties Trust (MPW), Host Hotels and Resorts (HST), Omega Healthcare Investors (OHI), CubeSmart (CUBE), EPR Properties (EPR), Life Storage (LSI), Ryman Hospitality Properties (RHP) and Healthcare Realty Trust (HR).

Based on aggregate information from My MarketBeat watchlists, some companies that other LTC Properties investors own include Verizon Communications (VZ), HCA Healthcare (HCA), Pandora Media (P), Ryder System (R), AT&T (T), Wells Fargo & Co (WFC), Bank of America (BAC), Altria Group (MO), Ford Motor (F) and Unilever (UL).

LTC Properties' stock is owned by a variety of of institutional and retail investors. Top institutional investors include State Street Corp (5.96%), Bank of New York Mellon Corp (2.84%), Victory Capital Management Inc. (1.94%), Victory Capital Management Inc. (1.92%), Charles Schwab Investment Management Inc. (1.59%) and Tributary Capital Management LLC (1.05%). Company insiders that own LTC Properties stock include Timothy Triche and Wendy Simpson. View Institutional Ownership Trends for LTC Properties.

LTC stock was sold by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, State Street Corp, PNC Financial Services Group Inc., Raymond James & Associates, Citigroup Inc., Arizona State Retirement System, Amundi Pioneer Asset Management Inc. and Tributary Capital Management LLC. 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.

LTC stock was purchased by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Goldman Sachs Group Inc., Asset Management One Co. Ltd., Clean Yield Group, Charles Schwab Investment Management Inc., Barclays PLC, Meitav Dash Investments Ltd. and UBS Group AG. View Insider Buying and Selling for 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.

One share of LTC stock can currently be purchased for approximately $48.49.

LTC Properties has a market capitalization of $1.93 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.

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

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]