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NYSE:LTCLTC Properties Stock Price, Forecast & News

$38.03
-0.71 (-1.83 %)
(As of 07/3/2020 04:00 PM ET)
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Today's Range
$37.70
Now: $38.03
$39.73
50-Day Range
$32.19
MA: $37.48
$43.00
52-Week Range
$24.49
Now: $38.03
$53.04
Volume308,600 shs
Average Volume373,690 shs
Market Capitalization$1.49 billion
P/E Ratio12.27
Dividend Yield6.00%
Beta0.84
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.9Community Rank: 2.2Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.89 out of 5 stars


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$185.30 million
Cash Flow$2.97 per share
Book Value$19.76 per share

Profitability

Net Income$80.53 million

Miscellaneous

Employees21
Market Cap$1.49 billion
Next Earnings Date8/13/2020 (Estimated)
OptionableOptionable

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LTC Properties (NYSE:LTC) Frequently Asked Questions

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

LTC Properties' stock was trading at $36.99 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, LTC stock has increased by 2.8% and is now trading at $38.03. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of LTC Properties?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LTC Properties in the last year. There are currently 4 sell ratings, 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for LTC Properties.

When is LTC Properties' next earnings date?

LTC Properties is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for LTC Properties.

How were LTC Properties' earnings last quarter?

LTC Properties Inc (NYSE:LTC) posted its quarterly earnings results on Monday, May, 4th. The real estate investment trust reported $0.73 EPS for the quarter, topping analysts' consensus estimates of $0.52 by $0.21. The real estate investment trust had revenue of $38.04 million for the quarter, compared to analyst estimates of $37.15 million. LTC Properties had a return on equity of 15.60% and a net margin of 66.42%. View LTC Properties' earnings history.

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

LTC Properties announced a monthly dividend on Thursday, July 2nd. Shareholders of record on Friday, August 21st will be paid a dividend of $0.19 per share on Monday, August 31st. This represents a $2.28 annualized dividend and a dividend yield of 6.00%. The ex-dividend date of this dividend is Thursday, August 20th. View LTC Properties' dividend history.

What price target have analysts set for LTC?

8 brokerages have issued 12-month price objectives for LTC Properties' stock. Their forecasts range from $19.00 to $55.00. On average, they anticipate LTC Properties' stock price to reach $35.29 in the next twelve months. This suggests that the stock has a possible downside of 7.2%. View analysts' price targets for LTC Properties.

Has LTC Properties been receiving favorable news coverage?

Media headlines about LTC stock have trended somewhat negative recently, according to InfoTrie. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. LTC Properties earned a media sentiment score of -1.3 on InfoTrie's scale. They also gave media headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news about LTC Properties.

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), Blackstone Mortgage Trust (BXMT), Verizon Communications (VZ), Endologix (ELGX), Apache (APA), Cisco Systems (CSCO) and Omega Healthcare Investors (OHI).

Who are LTC Properties' key executives?

LTC Properties' management team includes the following 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

What is LTC Properties' stock symbol?

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

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 $38.03.

How big of a company is LTC Properties?

LTC Properties has a market capitalization of $1.49 billion and generates $185.30 million in revenue each year. The real estate investment trust earns $80.53 million in net income (profit) each year or $3.08 on an earnings per share basis. LTC Properties employs 21 workers across the globe.

What is LTC Properties' official website?

The official website for LTC Properties is 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]

This page was last updated on 7/3/2020 by MarketBeat.com Staff

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