NYSE:LTCLTC Properties Stock Price, Forecast & News

LTC Properties' stock was trading at $36.99 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, LTC shares have increased by 1.0% and is now trading at $37.35. View which stocks have been most impacted by Coronavirus.

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

LTC Properties is scheduled to release its next quarterly earnings announcement on Thursday, July 30th 2020. View our earnings forecast for LTC Properties.

LTC Properties will be holding an earnings conference call on Thursday, July 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

LTC Properties Inc (NYSE:LTC) issued its earnings results on Monday, May, 4th. The real estate investment trust reported $0.73 earnings per share for the quarter, topping the Zacks' consensus estimate 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 net margin of 66.42% and a return on equity of 15.60%. View LTC Properties' earnings history.

LTC Properties declared a monthly dividend on Thursday, July 2nd. Stockholders of record on Friday, August 21st will be given a dividend of $0.19 per share on Monday, August 31st. This represents a $2.28 dividend on an annualized basis and a yield of 6.10%. The ex-dividend date of this dividend is Thursday, August 20th. View LTC Properties' dividend history.

7 brokers have issued 12-month price objectives for LTC Properties' stock. Their forecasts range from $30.00 to $55.00. On average, they anticipate LTC Properties' stock price to reach $38.00 in the next year. This suggests a possible upside of 1.7% from the stock's current price. View analysts' price targets for LTC Properties.

News articles about LTC stock have been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of news coverage by monitoring more than six thousand news and blog 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 -1.5 on InfoTrie's scale. They also assigned media coverage 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 company's share price in the near term. View the latest news about LTC Properties.

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), Life Storage (LSI), Healthcare Realty Trust (HR), Rayonier (RYN) and Sabra Health Care REIT (SBRA). View all competitors.

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).

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

LTC Properties' stock is owned by many different institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.12%), Keudell Morrison Wealth Management (0.07%), Louisiana State Employees Retirement System (0.03%) and 6 Meridian (0.02%). Company insiders that own LTC Properties stock include James Pieczynski, 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 6 Meridian, and Louisiana State Employees Retirement System. View insider buying and selling activity for LTC Properties.

LTC stock was bought by a variety of institutional investors in the last quarter, including Keudell Morrison Wealth Management, and Envestnet Asset Management Inc.. View insider buying and selling activity 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 $37.35.

LTC Properties has a market capitalization of $1.46 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.

The official website for LTC Properties is 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]