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Reclusive trader scores 20 straight years of winning trades. Learn how (Ad)
Check Into The Hotel Rebound With These Welcoming Stocks
Impeachment talk at Trump Org. trial: Did witness misspeak?
S&P 500   3,963.94
DOW   33,849.46
QQQ   282.71
Wall Street slips as lockdown protests spread in China
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
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Check Into The Hotel Rebound With These Welcoming Stocks
Impeachment talk at Trump Org. trial: Did witness misspeak?
S&P 500   3,963.94
DOW   33,849.46
QQQ   282.71
Wall Street slips as lockdown protests spread in China
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
China virus protests hit Hong Kong after mainland rallies
Need To Cut Costs? Start With These 10 Money Saving Ideas
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Is Snowflake Poised for A Rebound After Its Recent Tumble?
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Reclusive trader scores 20 straight years of winning trades. Learn how (Ad)
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NYSE:LTC

LTC Properties - LTC Stock Forecast, Price & News

$38.04
-0.61 (-1.58%)
(As of 11/28/2022 12:00 AM ET)
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Compare
Today's Range
$38.00
$39.34
50-Day Range
$36.24
$41.17
52-Week Range
$31.36
$45.49
Volume
250,624 shs
Average Volume
278,140 shs
Market Capitalization
$1.54 billion
P/E Ratio
16.12
Dividend Yield
5.90%
Price Target
$40.43

LTC Properties MarketRank™ Forecast

Analyst Rating
Hold
2.14 Rating Score
Upside/​Downside
6.3% Upside
$40.43 Price Target
Short Interest
Healthy
2.39% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$47,828 Sold Last Quarter
Proj. Earnings Growth
9.73%
From $2.57 to $2.82 Per Share

Overall MarketRank

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

2.11 out of 5 stars

Finance Sector

590th out of 894 stocks

Real Estate Investment Trusts Industry

117th 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

5 Stocks to Buy That Pay Reliable Monthly Dividends (LTC)
Owning dividend stocks has many benefits. This article lists five monthly dividend stocks that income-oriented investors should consider buying in 2023
Short Interest in LTC Properties, Inc. (NYSE:LTC) Drops By 7.2%
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.
LTC Properties: Strong Buy Opportunity
LTC Properties, Inc. (LTC)
LTC Properties Inc
Six REITs in Price Uptrends From January To Now
See More Headlines
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LTC Company Calendar

Last Earnings
4/28/2022
Ex-Dividend for 11/30 Dividend
11/21/2022
Today
11/28/2022
Dividend Payable
11/30/2022
Ex-Dividend for 12/30 Dividend
12/21/2022
Dividend Payable
12/30/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/16/2023

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
$40.43
High Stock Price Forecast
$47.00
Low Stock Price Forecast
$35.00
Forecasted Upside/Downside
+6.3%
Consensus Rating
Hold
Rating Score (0-4)
2.14
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
$2.37 per share
Book Value
$18.92 per share

Miscellaneous

Free Float
39,614,000
Market Cap
$1.54 billion
Optionable
Optionable
Beta
0.91

Key Executives

  • Ms. Wendy L. Simpson (Age 73)
    Chairman & CEO
    Comp: $1.7M
  • Ms. Pamela J. Shelley-Kessler CPA (Age 56)
    CPA, CFO, Co-Pres & Corp. Sec.
    Comp: $922.28k
  • Mr. Clint B. Malin (Age 50)
    Chief Investment Officer & Co-Pres
    Comp: $916.46k
  • Ms. Caroline L. Chikhale (Age 45)
    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 64)
    VP & Director of Tax













LTC Stock - Frequently Asked Questions

Should I buy or sell LTC Properties stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for LTC Properties in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research 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 brokerages have issued 12 month price objectives for LTC Properties' stock. Their LTC share price forecasts range from $35.00 to $47.00. On average, they expect the company's share price to reach $40.43 in the next twelve months. This suggests a possible upside of 6.3% 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 2022?

LTC Properties' stock was trading at $34.14 at the beginning of 2022. Since then, LTC stock has increased by 11.4% and is now trading at $38.04.
View the best growth stocks for 2022 here
.

Are investors shorting LTC Properties?

LTC Properties saw a drop in short interest in October. As of October 31st, there was short interest totaling 1,030,000 shares, a drop of 7.2% from the October 15th total of 1,110,000 shares. Based on an average trading volume of 241,300 shares, the days-to-cover ratio is currently 4.3 days.
View LTC Properties' Short Interest
.

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) released its quarterly 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 had revenue of $40.80 million for the quarter, compared to analyst estimates of $37.08 million. LTC Properties had a net margin of 56.76% and a trailing twelve-month return on equity of 12.12%. The firm's quarterly revenue was up 1.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.62 EPS.

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

LTC Properties declared a monthly dividend on Monday, October 3rd. Shareholders of record on Thursday, December 22nd will be paid a dividend of $0.19 per share on Friday, December 30th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 5.99%. The ex-dividend date is Wednesday, December 21st.
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 5.90%. 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 80.85% 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), APA (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 a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (18.07%), Vanguard Group Inc. (16.17%), State Street Corp (9.24%), Bank of New York Mellon Corp (2.07%), Dimensional Fund Advisors LP (1.37%) and Advisors Capital Management LLC (1.00%). Insiders that own company stock include 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 $38.04.

How much money does LTC Properties make?

LTC Properties (NYSE:LTC) has a market capitalization of $1.54 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 11/29/2022 by MarketBeat.com Staff