LTC Properties Stock Forecast, Price & News

LTC Properties (NYSE:LTC) Frequently Asked Questions

Is LTC Properties a buy right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for LTC Properties in the last twelve months. There are currently 2 sell ratings and 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "sell" LTC Properties stock.
View analyst ratings for LTC Properties or view top-rated stocks.

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

LTC Properties' stock was trading at $36.99 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, LTC shares have decreased by 9.6% and is now trading at $33.45.
View which stocks have been most impacted by COVID-19.

Are investors shorting LTC Properties?

LTC Properties saw a decrease in short interest in the month of November. As of November 15th, there was short interest totaling 1,220,000 shares, a decrease of 21.3% from the October 31st total of 1,550,000 shares. Based on an average trading volume of 285,400 shares, the days-to-cover ratio is presently 4.3 days. Currently, 3.2% of the company's stock are sold short.
View LTC Properties' Short Interest.

When is LTC Properties' next earnings date?

LTC Properties is scheduled to release its next quarterly earnings announcement on Thursday, February 17th 2022.
View our earnings forecast for LTC Properties.

How were LTC Properties' earnings last quarter?

LTC Properties, Inc. (NYSE:LTC) released its quarterly earnings results on Thursday, October, 28th. The real estate investment trust reported $0.28 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.57 by $0.29. The real estate investment trust earned $37.47 million during the quarter, compared to the consensus estimate of $37.88 million. LTC Properties had a trailing twelve-month return on equity of 7.89% and a net margin of 37.16%. The company's revenue was down 1.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.58 EPS.
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 Wednesday, October 6th. Shareholders of record on Thursday, December 23rd will be paid a dividend of $0.19 per share on Friday, December 31st. This represents a $2.28 annualized dividend and a dividend yield of 6.82%. The ex-dividend date is Wednesday, December 22nd.
View LTC Properties' dividend history.

Is LTC Properties a good dividend stock?

LTC Properties pays an annual dividend of $2.28 per share and currently has a dividend yield of 7.11%. LTC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of LTC Properties is 148.05%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, LTC Properties will have a dividend payout ratio of 91.57% in the coming year. This indicates that LTC Properties may not be able to sustain their current dividend.
View LTC Properties' dividend history.

What price target have analysts set for LTC?

3 Wall Street analysts have issued 1 year target prices for LTC Properties' shares. Their forecasts range from $35.00 to $44.00. On average, they expect LTC Properties' share price to reach $38.67 in the next twelve months. This suggests a possible upside of 15.6% from the stock's current price.
View analysts' price targets for LTC Properties or view top-rated stocks among Wall Street analysts.

Who are LTC Properties' key executives?

LTC Properties' management team includes the following people:

• Wendy L. Simpson, Chairman & Chief Executive Officer
• Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer & Secretary
• Clint B. Malin, Co-President & Chief Investment Officer
• Caroline L. Chikhale, Treasurer, Chief Accounting Officer & Executive VP
• Douglas A. Korey, Managing Director-Business Development, SVP

Who are some of LTC Properties' key competitors?

Some companies that are related to LTC Properties include American Tower (AMT), Public Storage (PSA), Welltower (WELL), Weyerhaeuser (WY), Extra Space Storage (EXR), Ventas (VTR), Medical Properties Trust (MPW), CubeSmart (CUBE), Life Storage (LSI), Omega Healthcare Investors (OHI), Rayonier (RYN), Healthcare Realty Trust (HR), Ryman Hospitality Properties (RHP), PotlatchDeltic (PCH) and EPR Properties (EPR).
View all of LTC's 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), STAG Industrial (STAG), Cisco Systems (CSCO), Johnson & Johnson (JNJ), Verizon Communications (VZ), (APA) and 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 many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (17.88%), Bank of New York Mellon Corp (2.61%), Invesco Ltd. (2.10%), Geode Capital Management LLC (1.99%), Dimensional Fund Advisors LP (1.50%) and Uniplan Investment Counsel Inc. (1.09%).
View institutional ownership trends for LTC Properties.

Which major investors are selling LTC Properties stock?

LTC stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Deutsche Bank AG, DekaBank Deutsche Girozentrale, State Board of Administration of Florida Retirement System, Goldman Sachs Group Inc., Credit Suisse AG, Citigroup Inc., and Asset Management One Co. Ltd..
View insider buying and selling activity for LTC Properties or view top insider-selling stocks.

Which major investors are buying LTC Properties stock?

LTC stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Invesco Ltd., Nordea Investment Management AB, State of New Jersey Common Pension Fund D, SG Americas Securities LLC, Crossmark Global Holdings Inc., Voloridge Investment Management LLC, and Tudor Investment Corp Et Al.
View insider buying and selling activity for LTC Properties or or view top insider-buying stocks.

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 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 $33.45.

How much money does LTC Properties make?

LTC Properties has a market capitalization of $1.32 billion and generates $159.34 million in revenue each year. The real estate investment trust earns $95.29 million in net income (profit) each year or $1.54 on an earnings per share basis.

How many employees does LTC Properties have?

LTC Properties employs 24 workers across the globe.

What is LTC Properties' official website?

The official website for LTC Properties is www.ltcreit.com.

Where are LTC Properties' headquarters?

LTC Properties is headquartered at 2829 TOWNSGATE ROAD SUITE 350, WESTLAKE VILLAGE CA, 91361.

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, via email at [email protected], or via fax at 805-981-8663.