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 Date10/31/2019 (Confirmed)
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 announced a monthly dividend on Tuesday, October 1st. Stockholders of record on Wednesday, October 23rd will be paid a dividend of $0.19 per share on Thursday, October 31st. This represents a $2.28 annualized dividend and a dividend yield of 4.36%. The ex-dividend date is Tuesday, October 22nd. View LTC Properties' Dividend History.
How were LTC Properties' earnings last quarter?
LTC Properties Inc (NYSE:LTC) released its earnings results on Thursday, August, 8th. The real estate investment trust reported $0.51 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.76 by $0.25. The real estate investment trust earned $38.28 million during the quarter, compared to analyst estimates of $30.54 million. LTC Properties had a net margin of 63.58% and a return on equity of 13.18%. View LTC Properties' Earnings History.
When is LTC Properties' next earnings date?
How can I listen to LTC Properties' earnings call?
LTC Properties will be holding an earnings conference call on Thursday, October 31st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
What price target have analysts set for LTC?
4 brokerages have issued twelve-month target prices for LTC Properties' stock. Their predictions range from $19.00 to $49.00. On average, they anticipate LTC Properties' share price to reach $37.00 in the next twelve months. This suggests that the stock has a possible downside of 29.3%. View Analyst Price Targets for LTC Properties.
What is the consensus analysts' recommendation for LTC Properties?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LTC Properties in the last year. There are currently 3 sell ratings and 1 hold rating for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for LTC Properties.
Has LTC Properties been receiving favorable news coverage?
Media coverage about LTC stock has been trending somewhat negative on Saturday, according to InfoTrie. The research firm ranks 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 negative five to positive five, with scores nearest to five being the most favorable. LTC Properties earned a coverage optimism score of -1.5 on InfoTrie's scale. They also assigned news stories about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for LTC Properties.
Are investors shorting LTC Properties?
LTC Properties saw a decline in short interest in September. As of September 30th, there was short interest totalling 585,100 shares, a decline of 26.8% from the August 30th total of 799,400 shares. Based on an average trading volume of 174,900 shares, the days-to-cover ratio is presently 3.3 days. Approximately 1.5% of the company's stock are short sold. View LTC Properties' Current Options Chain.
Who are some of LTC Properties' key competitors?
Some companies that are related to LTC Properties include Apartment Investment and Management (AIV), Kilroy Realty (KRC), American Homes 4 Rent (AMH), Liberty Property Trust (LPT), Douglas Emmett (DEI), AmeriCold Realty Trust (COLD), Starwood Property Trust (STWD), SL Green Realty (SLG), CubeSmart (CUBE), American Campus Communities (ACC), New Residential Investment (NRZ), Healthcare Trust Of America (HTA), Brixmor Property Group (BRX), EPR Properties (EPR) and Howard Hughes (HHC).
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 variety of of retail and institutional investors. Top institutional investors include Tributary Capital Management LLC (1.08%), Crossmark Global Holdings Inc. (0.29%), Nisa Investment Advisors LLC (0.20%), Envestnet Asset Management Inc. (0.18%), State of Alaska Department of Revenue (0.08%) and Robeco Institutional Asset Management B.V. (0.07%). Company insiders that own LTC Properties stock include Boyd W Hendrickson, James Pieczynski, Timothy Triche and Wendy Simpson. 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 Robeco Institutional Asset Management B.V., Tributary Capital Management LLC, Stephens Inc. AR, Envestnet Asset Management Inc., Crossmark Global Holdings Inc. and Wedbush Securities 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.
Which institutional investors are buying LTC Properties stock?
LTC stock was bought by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC, State of Alaska Department of Revenue, Campbell & CO Investment Adviser LLC and Wealthcare Advisory Partners LLC. 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, Robinhood, Fidelity and Charles Schwab.
What is LTC Properties' stock price today?
One share of LTC stock can currently be purchased for approximately $52.34.
How big of a company is LTC Properties?
LTC Properties has a market capitalization of $2.08 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.
