LTC Properties, Inc. (LTC)

Market Cap	1.51B
Revenue (ttm)	199.11M
Net Income (ttm)	80.23M
Shares Out	43.48M
EPS (ttm)	1.93
PE Ratio	17.94
Forward PE	18.76
Dividend	$2.28 (6.59%)
Ex-Dividend Date	Jun 20, 2024

Volume	186,842
Open	34.50
Previous Close	34.25
Day's Range	34.39 - 34.67
52-Week Range	30.30 - 35.72
Beta	0.85
Analysts	Buy
Price Target	33.40 (-3.52%)
Earnings Date	Apr 29, 2024

About 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.

• Industry: REIT - Healthcare Facilities
• Sector: Real Estate
• IPO Date: Aug 17, 1992
• Employees: 23
• Stock Exchange: NYSE
• Ticker Symbol: LTC

Financial Performance

In 2023, LTC Properties's revenue was $197.24 million, an increase of 12.61% compared to the previous year's $175.15 million. Earnings were $89.15 million, a decrease of -10.35%.

Analyst Forecast

According to 5 analysts, the average rating for LTC stock is "Buy." The 12-month stock price forecast is $33.4, which is a decrease of -3.52% from the latest price.

Price Target

$33.4

(-3.52% downside)

Analyst Consensus: Buy