LTC Properties, Inc. (LTC)

Market Cap	1.74B
Revenue (ttm)	198.71M
Net Income (ttm)	100.53M
Shares Out	45.26M
EPS (ttm)	2.32
PE Ratio	16.51
Forward PE	19.54
Dividend	$2.28 (5.94%)
Ex-Dividend Date	Dec 23, 2024

Volume	155,724
Open	38.29
Previous Close	38.57
Day's Range	38.08 - 38.45
52-Week Range	30.30 - 39.89
Beta	0.90
Analysts	Hold
Price Target	35.75 (-6.83%)
Earnings Date	Oct 28, 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
• Website: https://www.LTCreit.com

Financial Performance

In 2023, LTC Properties's revenue was $191.82 million, an increase of 11.45% compared to the previous year's $172.11 million. Earnings were $89.15 million, a decrease of -10.35%.

Analyst Forecast

According to 4 analysts, the average rating for LTC stock is "Hold." The 12-month stock price forecast is $35.75, which is a decrease of -6.83% from the latest price.

Price Target

$35.75

(-6.83% downside)

Analyst Consensus: Hold