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S&P 500   3,852.36
DOW   32,920.46
QQQ   293.34
Mullen Automotive: The Good News, The Bad And The Ugly Outlook 
Is This The End of Capitalism? (Ad)
A Non-Salesy Annuity Guide To Buying Annuities
3 Small Caps That Have Big Upside
The Next Big Crisis Is Here (Ad)
Levi Strauss Is A Good Fit For Income Investors 
What Does Apple's Move to India Mean for Investors?
The Next Big Crisis Is Here (Ad)
Mergers and Acquisitions in 2023 Off To A Strong Start
Chevron Delights Shareholders with $75 Billion in Share Buybacks
S&P 500   3,852.36
DOW   32,920.46
QQQ   293.34
Mullen Automotive: The Good News, The Bad And The Ugly Outlook 
Is This The End of Capitalism? (Ad)
A Non-Salesy Annuity Guide To Buying Annuities
3 Small Caps That Have Big Upside
The Next Big Crisis Is Here (Ad)
Levi Strauss Is A Good Fit For Income Investors 
What Does Apple's Move to India Mean for Investors?
The Next Big Crisis Is Here (Ad)
Mergers and Acquisitions in 2023 Off To A Strong Start
Chevron Delights Shareholders with $75 Billion in Share Buybacks
S&P 500   3,852.36
DOW   32,920.46
QQQ   293.34
Mullen Automotive: The Good News, The Bad And The Ugly Outlook 
Is This The End of Capitalism? (Ad)
A Non-Salesy Annuity Guide To Buying Annuities
3 Small Caps That Have Big Upside
The Next Big Crisis Is Here (Ad)
Levi Strauss Is A Good Fit For Income Investors 
What Does Apple's Move to India Mean for Investors?
The Next Big Crisis Is Here (Ad)
Mergers and Acquisitions in 2023 Off To A Strong Start
Chevron Delights Shareholders with $75 Billion in Share Buybacks
NYSE:LTC

LTC Properties - LTC Stock Forecast, Price & News

$37.30
+0.81 (+2.22%)
(As of 01/26/2023 12:00 AM ET)
Add
Compare
Today's Range
$36.45
$37.33
50-Day Range
$35.11
$39.74
52-Week Range
$32.23
$45.49
Volume
456,004 shs
Average Volume
326,477 shs
Market Capitalization
$1.51 billion
P/E Ratio
15.81
Dividend Yield
6.25%
Price Target
$40.14

LTC Properties MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
7.6% Upside
$40.14 Price Target
Short Interest
Healthy
2.34% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.95mentions of LTC Properties in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$197,300 Sold Last Quarter
Proj. Earnings Growth
8.70%
From $2.53 to $2.75 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.05 out of 5 stars

Finance Sector

357th out of 891 stocks

Real Estate Investment Trusts Industry

76th out of 192 stocks


LTC stock logo

About LTC Properties (NYSE:LTC) Stock

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 181 investments in 27 states with 29 operating partners. The portfolio is comprised of approximately 50% seniors housing and 50% skilled nursing properties.

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LTC Stock News Headlines

The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
LTC Properties Reports Advance In Q3 Income, but misses estimates
Earnings Preview: LTC Properties
3 REITs For Passive Income
10 Best Monthly Dividend Stocks to Buy in October
JMP Securities Keeps Their Hold Rating on LTC Properties (LTC)
LTC Properties Becomes Oversold
LTC Properties, Inc.
See More Headlines
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LTC Company Calendar

Last Earnings
4/28/2022
Ex-Dividend for 1/31 Dividend
1/20/2023
Today
1/27/2023
Dividend Payable
1/31/2023
Ex-Dividend for 2/28 Dividend
2/16/2023
Next Earnings (Estimated)
2/16/2023
Dividend Payable
2/28/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Specialized REITs
Sector
Finance
CUSIP
50217510
Employees
25
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$40.14
High Stock Price Forecast
$47.00
Low Stock Price Forecast
$35.00
Forecasted Upside/Downside
+7.6%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
7 Analysts

Profitability

Net Income
$55.86 million
Pretax Margin
57.16%

Debt

Sales & Book Value

Annual Sales
$155.32 million
Cash Flow
$2.45 per share
Book Value
$18.92 per share

Miscellaneous

Free Float
39,614,000
Market Cap
$1.51 billion
Optionable
Optionable
Beta
0.92

Key Executives

  • Ms. Wendy L. Simpson (Age 74)
    Chairman & CEO
    Comp: $1.7M
  • Ms. Pamela J. Shelley-Kessler CPA (Age 57)
    CPA, CFO, Co-Pres & Corp. Sec.
    Comp: $922.28k
  • Mr. Clint B. Malin (Age 51)
    Chief Investment Officer & Co-Pres
    Comp: $916.46k
  • Ms. Caroline L. Chikhale (Age 46)
    Exec. VP, Chief Accounting Officer & Treasurer
  • Ms. Mandi M. Hogan
    VP of Marketing, Investor Relations & ESG
  • Ms. Leanne Davis
    Human Resource Mang.
  • Mr. Douglas A. Korey
    Exec. VP & MD of Bus. Devel.
  • Mr. J. Gibson Satterwhite
    Sr. VP of Asset Management
  • Ms. H. Rachel Son
    VP & Controller
  • Mr. Peter G. Lyew (Age 65)
    VP & Director of Tax













LTC Stock - Frequently Asked Questions

Should I buy or sell LTC Properties stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LTC Properties in the last twelve months. There are currently 2 sell ratings, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" LTC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LTC, but not buy additional shares or sell existing shares.
View LTC analyst ratings
or view top-rated stocks.

What is LTC Properties' stock price forecast for 2023?

7 Wall Street analysts have issued 1 year target prices for LTC Properties' shares. Their LTC share price forecasts range from $35.00 to $47.00. On average, they anticipate the company's share price to reach $40.14 in the next twelve months. This suggests a possible upside of 7.6% from the stock's current price.
View analysts price targets for LTC
or view top-rated stocks among Wall Street analysts.

How have LTC shares performed in 2023?

LTC Properties' stock was trading at $35.53 at the beginning of 2023. Since then, LTC shares have increased by 5.0% and is now trading at $37.30.
View the best growth stocks for 2023 here
.

When is LTC Properties' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023.
View our LTC earnings forecast
.

How were LTC Properties' earnings last quarter?

LTC Properties, Inc. (NYSE:LTC) posted its earnings results on Thursday, April, 28th. The real estate investment trust reported $0.36 EPS for the quarter, missing analysts' consensus estimates of $0.62 by $0.26. The real estate investment trust earned $40.80 million during the quarter, compared to the consensus estimate of $37.08 million. LTC Properties had a trailing twelve-month return on equity of 12.12% and a net margin of 56.76%. The business's revenue for the quarter was up 1.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.62 earnings per share.

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

LTC Properties declared a monthly dividend on Thursday, January 5th. Investors of record on Thursday, March 23rd will be paid a dividend of $0.19 per share on Friday, March 31st. This represents a $2.28 dividend on an annualized basis and a dividend yield of 6.11%. The ex-dividend date is Wednesday, March 22nd.
Read our dividend analysis for LTC
.

Is LTC Properties a good dividend stock?

LTC Properties (NYSE:LTC) pays an annual dividend of $2.28 per share and currently has a dividend yield of 6.25%. LTC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 96.61%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, LTC will have a dividend payout ratio of 82.91% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for LTC.

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), STAG Industrial (STAG), Cisco Systems (CSCO), Johnson & Johnson (JNJ), Verizon Communications (VZ), EPR Properties (EPR).

What is LTC Properties' stock symbol?

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

Who are LTC Properties' major shareholders?

LTC Properties' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Keudell Morrison Wealth Management (0.12%), State of Alaska Department of Revenue (0.12%), Strs Ohio (0.10%), Exchange Traded Concepts LLC (0.08%), Yousif Capital Management LLC (0.06%) and Comerica Bank (0.06%). Insiders that own company stock include Caroline Chikhale, James Pieczynski and Timothy Triche.
View institutional ownership trends
.

How do I buy shares of LTC Properties?

Shares of LTC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is LTC Properties' stock price today?

One share of LTC stock can currently be purchased for approximately $37.30.

How much money does LTC Properties make?

LTC Properties (NYSE:LTC) has a market capitalization of $1.51 billion and generates $155.32 million in revenue each year. The real estate investment trust earns $55.86 million in net income (profit) each year or $2.36 on an earnings per share basis.

How can I contact LTC Properties?

LTC Properties' mailing address is 2829 TOWNSGATE ROAD SUITE 350, WESTLAKE VILLAGE CA, 91361. The official website for the company is www.ltcreit.com. The real estate investment trust can be reached via phone at (805) 981-8655, via email at investor.relations@ltcproperties.com, or via fax at 805-981-8663.

This page (NYSE:LTC) was last updated on 1/27/2023 by MarketBeat.com Staff