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 declared 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 dividend on an annualized basis and a dividend yield of 4.85%. The ex-dividend date is Friday, March 20th. View LTC Properties' Dividend History.

LTC Properties Inc (NYSE:LTC) announced its quarterly earnings data on Thursday, October, 31st. The real estate investment trust reported $0.68 EPS for the quarter, missing the consensus estimate of $0.77 by $0.09. The real estate investment trust had revenue of $38.67 million for the quarter, compared to the consensus estimate 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 27th 2020. View Earnings Estimates for LTC Properties.

5 Wall Street analysts have issued 12-month price objectives for LTC Properties' shares. Their forecasts range from $19.00 to $51.00. On average, they expect LTC Properties' share price to reach $40.80 in the next year. This suggests that the stock has a possible downside of 13.2%. 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.

News stories about LTC stock have been trending somewhat negative this week, according to InfoTrie Sentiment. The research group scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. LTC Properties earned a daily sentiment score of -1.4 on InfoTrie's scale. They also assigned news headlines about the real estate investment trust a news buzz of 0.0 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.

LTC Properties saw a increase in short interest in 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 short-interest ratio is currently 4.1 days. Approximately 2.6% of the shares of the company are sold short. 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), Host Hotels and Resorts (HST), Medical Properties Trust (MPW), Omega Healthcare Investors (OHI), CubeSmart (CUBE), EPR Properties (EPR), Life Storage (LSI), Healthcare Realty Trust (HR) and Ryman Hospitality Properties (RHP).

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), Unilever (UL), Alibaba Group (BABA) and Ford Motor (F).

LTC Properties' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Tributary Capital Management LLC (1.05%), New York State Teachers Retirement System (0.28%), Tocqueville Asset Management L.P. (0.22%), Nisa Investment Advisors LLC (0.21%), First National Bank of Omaha (0.16%) and State of Alaska Department of Revenue (0.10%). 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 Arizona State Retirement System, Tributary Capital Management LLC, IFP Advisors Inc, Louisiana State Employees Retirement System, Zurcher Kantonalbank Zurich Cantonalbank and Contravisory Investment Management Inc.. 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 Clean Yield Group, Capital Investment Advisors LLC, Janney Montgomery Scott LLC, State of Alaska Department of Revenue, Nisa Investment Advisors LLC, Tocqueville Asset Management L.P., New York State Teachers Retirement System and First National Bank of Omaha. 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 $47.03.

LTC Properties has a market capitalization of $1.87 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]