LTC Properties, Inc. (LTC)

Market Cap	1.55B
Revenue (ttm)	198.71M
Net Income (ttm)	100.53M
Shares Out	45.26M
EPS (ttm)	2.32
PE Ratio	14.81
Forward PE	17.42
Dividend	$2.28 (6.62%)
Ex-Dividend Date	Dec 23, 2024

Volume	49,532
Open	34.39
Previous Close	34.42
Day's Range	34.06 - 34.54
52-Week Range	30.30 - 39.89
Beta	0.91
Analysts	Hold
Price Target	35.75 (+4.59%)
Earnings Date	Feb 13, 2025

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 an increase of 4.59% from the latest price.

Price Target

$35.75

(4.59% upside)

Analyst Consensus: Hold