NYSE:LTC LTC Properties (LTC) Stock Price, News & Analysis → FW: 234x Gain (From Weiss Ratings) (Ad) Free LTC Stock Alerts $33.45 -0.16 (-0.48%) (As of 05/3/2024 ET) Add Compare Share Share Today's Range$33.17▼$33.8350-Day Range$31.32▼$33.5652-Week Range$30.30▼$35.72Volume279,340 shsAverage Volume291,550 shsMarket Capitalization$1.45 billionP/E Ratio17.42Dividend Yield6.82%Price Target$33.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get LTC Properties alerts: Email Address LTC Properties MarketRank™ Stock AnalysisAnalyst RatingHold2.40 Rating ScoreUpside/Downside0.1% Downside$33.40 Price TargetShort InterestHealthy3.31% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.43Based on 15 Articles This WeekInsider TradingSelling Shares$97,607 Sold Last QuarterProj. Earnings Growth2.27%From $2.64 to $2.70 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.70 out of 5 starsFinance Sector4131st out of 5,198 stocksReal Estate Investment Trusts Industry847th out of 1,074 stocks 1.2 Analyst's Opinion Consensus RatingLTC Properties has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageLTC Properties has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.31% of the outstanding shares of LTC Properties have been sold short.Short Interest Ratio / Days to CoverLTC Properties has a short interest ratio ("days to cover") of 4.9.Change versus previous monthShort interest in LTC Properties has recently decreased by 2.70%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend LeadershipLTC Properties is a leading dividend payer. It pays a dividend yield of 7.02%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthLTC Properties does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of LTC Properties is 118.75%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, LTC Properties will have a dividend payout ratio of 84.44% in the coming year. This indicates that LTC Properties may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for LTC. Previous Next 2.5 News and Social Media Coverage News SentimentLTC Properties has a news sentiment score of 0.43. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 15 news articles for LTC Properties this week, compared to 3 articles on an average week.Search Interest19 people have searched for LTC on MarketBeat in the last 30 days. This is an increase of 280% compared to the previous 30 days.MarketBeat FollowsOnly 30 people have added LTC Properties to their MarketBeat watchlist in the last 30 days. This is a decrease of -3% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, LTC Properties insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $97,607.00 in company stock.Percentage Held by InsidersOnly 2.00% of the stock of LTC Properties is held by insiders.Percentage Held by Institutions69.25% of the stock of LTC Properties is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for LTC Properties are expected to grow by 2.27% in the coming year, from $2.64 to $2.70 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of LTC Properties is 17.42, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.76.Price to Earnings Ratio vs. SectorThe P/E ratio of LTC Properties is 17.42, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 56.79.Price to Book Value per Share RatioLTC Properties has a P/B Ratio of 1.58. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Colonial MetalsThe asset beating inflation by 4x"Trump Loophole" Beats Inflation? Inflation has been out of control for years. Forcing you to work longer and harder for more money that is worth less. By using the "Trump Loophole", you can use a special retirement account to buy gold — and other precious metals — without taxes or penalties.That's why we have released our Free Precious Metals Investment Guide that explains all the details About LTC Properties Stock (NYSE:LTC)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's investment portfolio includes 201 properties in 26 states with 29 operating partners. Based on its gross real estate investments, LTC's investment portfolio is comprised of approximately 50% seniors housing and 50% skilled nursing properties.Read More LTC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LTC Stock News HeadlinesApril 6, 2024 | insidertrades.comLTC Properties, Inc. (NYSE:LTC) Director Sells $97,606.94 in StockMay 3, 2024 | au.news.yahoo.comApple suffers steepest sales fall in a year amid China iPhone slumpMay 3, 2024 | Altimetry (Ad)Urgent Nvidia WarningCould Steve Job's 'Final Prophecy' Make You Rich? Just before he died, Steve Jobs issued a "Final Prophecy" that's now coming true... and making some people rich. In one recent 90-day stretch, 50 companies related to Jobs' "Final Prophecy" soared by 100% or more. What was Steve Jobs' last big prediction, and how can you get in on it? Professor Joel Litman explains everything... including the surprising group of stocks moving higher, and his No. 1 favorite stock in this space.May 1, 2024 | businesswire.comLTC to Participate in the BMO Real Estate Conference and the Wells Fargo Real Estate Securities ConferenceMay 1, 2024 | finance.yahoo.comLTC Properties, Inc. (NYSE:LTC) Q1 2024 Earnings Call TranscriptMay 1, 2024 | finance.yahoo.comLTC Properties Inc (LTC) Q1 2024 Earnings Call Transcript Highlights: Key Financial Movements ...April 30, 2024 | msn.comLitecoin (LTC) 2030 Price Prediction: Bull, Bear, and Base ForecastsApril 30, 2024 | markets.businessinsider.comLTC Properties Sell Rating Justified by Earnings Miss and Lack of Financial GuidanceMay 3, 2024 | Altimetry (Ad)Urgent Nvidia WarningCould Steve Job's 'Final Prophecy' Make You Rich? Just before he died, Steve Jobs issued a "Final Prophecy" that's now coming true... and making some people rich. In one recent 90-day stretch, 50 companies related to Jobs' "Final Prophecy" soared by 100% or more. What was Steve Jobs' last big prediction, and how can you get in on it? Professor Joel Litman explains everything... including the surprising group of stocks moving higher, and his No. 1 favorite stock in this space.April 30, 2024 | americanbankingnews.comCritical Comparison: Assura (OTCMKTS:ARSSF) and LTC Properties (NYSE:LTC)April 29, 2024 | msn.comLTC Properties Q1 earnings beat, helped by revenue increase, lower expensesApril 29, 2024 | markets.businessinsider.comLTC Properties Q1 FFO RisesApril 29, 2024 | finance.yahoo.comLTC Properties Inc. Reports First Quarter 2024 Earnings: A Detailed Comparison with Analyst ...April 29, 2024 | businesswire.comLTC Reports 2024 First Quarter Results and Discusses Recent ActivitiesApril 27, 2024 | msn.comBitcoin ETF Momentum Stalls: BlackRock’s 71-Day Streak Ends, Fidelity Records First OutflowsApril 26, 2024 | msn.comI’ve Been in Crypto Since 2011: Here’s What I’ve LearnedApril 24, 2024 | seekingalpha.comI Am Buying This Fat 7.2% Yielding Trust Hand Over FistApril 19, 2024 | nasdaq.comEx-Dividend Reminder: Service Properties Trust, LTC Properties and CaterpillarApril 9, 2024 | businesswire.comSirion Celebrates a Year of Significant Growth With a New Brand Identity, Reinforcing Its Commitment to Revolutionizing Contract Management with AIApril 9, 2024 | businesswire.comLTC Announces Date of First Quarter 2024 Earnings Release, Conference Call and WebcastApril 4, 2024 | msn.comWhite House Tells NASA to Create Time Zone for the MoonApril 4, 2024 | yahoo.com8A - 'Not like anything else I've ever seen': NASA scientist talks about rarity of seeing eclipse in our areaApril 4, 2024 | msn.comMoon to get its own time zone created by NasaApril 3, 2024 | businesswire.comLTC Originates $12.7 Million Loan for Purchase of Skilled Nursing/Assisted Living CampusApril 3, 2024 | finance.yahoo.comLitecoin Surges After CFTC Declares The Cryptocurrency A CommodityApril 1, 2024 | markets.businessinsider.comLTC Properties Declares Monthly Cash Dividend Of $0.19/shr For Q2April 1, 2024 | msn.comLTC Properties declares $0.19 dividendSee More Headlines Receive LTC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for LTC Properties and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings4/28/2022Today5/03/2024Ex-Dividend for 5/31 Dividend5/22/2024Dividend Payable5/31/2024Ex-Dividend for 6/28 Dividend6/20/2024Dividend Payable6/28/2024Next Earnings (Estimated)7/25/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustrySpecialized REITs Current SymbolNYSE:LTC CUSIP50217510 CIK887905 Webwww.ltcreit.com Phone(805) 981-8655Fax805-981-8663Employees23Year Founded1992Price Target and Rating Average Stock Price Target$33.40 High Stock Price Target$36.00 Low Stock Price Target$29.00 Potential Upside/Downside-0.2%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$1.92 Trailing P/E Ratio17.49 Forward P/E Ratio12.72 P/E GrowthN/ANet Income$89.74 million Net Margins40.60% Pretax Margin41.48% Return on Equity9.09% Return on Assets4.37% Debt Debt-to-Equity Ratio0.94 Current Ratio15.86 Quick Ratio13.29 Sales & Book Value Annual Sales$199.11 million Price / Sales7.33 Cash Flow$3.13 per share Price / Cash Flow10.74 Book Value$21.14 per share Price / Book1.59Miscellaneous Outstanding Shares43,475,000Free Float42,606,000Market Cap$1.46 billion OptionableOptionable Beta0.86 Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMs. Wendy L. Simpson (Age 75)Chairman & CEO Comp: $2.3MMs. Pamela J. Shelley-Kessler CPA (Age 58)CFO, Co-President & Corporate Secretary Comp: $1.2MMr. Clint B. Malin (Age 52)Chief Investment Officer & Co-President Comp: $1.2MMs. Caroline L. Chikhale (Age 47)Executive VP, Chief Accounting Officer & Treasurer Comp: $376.56kMs. Mandi M. HoganSenior VP of Marketing, Investor Relations & ESGMs. Leanne DavisHuman Resource ManagerMr. Douglas A. KoreyExecutive VP & MD of Business DevelopmentMr. J. Gibson SatterwhiteSenior Vice President of Asset ManagementMs. H. Rachel SonVP & ControllerMore ExecutivesKey CompetitorsCoreCivicNYSE:CXWRLJ Lodging TrustNYSE:RLJPebblebrook Hotel TrustNYSE:PEBService Properties TrustNASDAQ:SVCDiamondRock HospitalityNYSE:DRHView All CompetitorsInsiders & InstitutionsGSA Capital Partners LLPBought 6,846 shares on 5/3/2024Ownership: 0.038%Daiwa Securities Group Inc.Bought 887 shares on 5/2/2024Ownership: 0.031%Mirae Asset Global Investments Co. Ltd.Bought 9,221 shares on 5/1/2024Ownership: 0.678%BNP Paribas Financial MarketsBought 1,843 shares on 5/1/2024Ownership: 0.047%Principal Financial Group Inc.Sold 829 shares on 4/29/2024Ownership: 0.495%View All Insider TransactionsView All Institutional Transactions LTC Stock Analysis - Frequently Asked Questions Should I buy or sell LTC Properties stock right now? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LTC Properties in the last year. There are currently 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 target for 2024? 5 brokers have issued twelve-month price targets for LTC Properties' shares. Their LTC share price targets range from $29.00 to $36.00. On average, they expect the company's share price to reach $33.40 in the next twelve months. This suggests that the stock has a possible downside of 0.1%. View analysts price targets for LTC or view top-rated stocks among Wall Street analysts. How have LTC shares performed in 2024? LTC Properties' stock was trading at $32.12 at the beginning of the year. Since then, LTC shares have increased by 4.1% and is now trading at $33.45. View the best growth stocks for 2024 here. When is LTC Properties' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024. View our LTC earnings forecast. How were LTC Properties' earnings last quarter? LTC Properties, Inc. (NYSE:LTC) announced its quarterly earnings results on Thursday, April, 28th. The real estate investment trust reported $0.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.62 by $0.26. The real estate investment trust had revenue of $40.80 million for the quarter, compared to the consensus estimate of $37.08 million. LTC Properties had a net margin of 40.60% and a trailing twelve-month return on equity of 9.09%. LTC Properties's revenue was up 1.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $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 Wednesday, April 3rd. Shareholders of record on Thursday, June 20th will be paid a dividend of $0.19 per share on Friday, June 28th. This represents a $2.28 annualized dividend and a yield of 6.82%. The ex-dividend date of this dividend is Thursday, June 20th. 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 7.02%. LTC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 118.75%. 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 84.44% 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 ETFs hold LTC Properties' stock? ETFs with the largest weight of LTC Properties (NYSE:LTC) stock in their portfolio include Global X SuperDividend REIT ETF (SRET), Invesco KBW Premium Yield Equity REIT ETF (KBWY), GraniteShares HIPS US High Income ETF (HIPS), Global SuperDividend US ETF (DIV), SPDR S&P Global Dividend ETF (WDIV), Hoya Capital High Dividend Yield ETF (RIET), Invesco S&P SmallCap Low Volatility ETF (XSLV) and Multi-Asset Diversified Income Index Fund (MDIV). 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). Who are LTC Properties' major shareholders? LTC Properties' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Mirae Asset Global Investments Co. Ltd. (0.68%), Principal Financial Group Inc. (0.50%), New York State Teachers Retirement System (0.18%), GraniteShares Advisors LLC (0.12%), CWM LLC (0.07%) and BNP Paribas Financial Markets (0.05%). Insiders that own company stock include Boyd W Hendrickson, Caroline Chikhale, David L Gruber, Pamela Shelley-Kessler, Timothy Triche and Wendy Simpson. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:LTC) was last updated on 5/3/2024 by MarketBeat.com Staff From Our PartnersElon to Transform U.S. Economy? 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