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LTC Properties, Inc. (LTC)

NYSE: LTC · IEX Real-Time Price · USD
33.48 -0.15 (-0.45%)
Oct 25, 2021 4:00 PM EDT - Market closed
Market Cap1.32B
Revenue (ttm)162.86M
Net Income (ttm)61.37M
Shares Out39.17M
EPS (ttm)1.57
PE Ratio21.37
Forward PEn/a
Dividend$2.09 (6.24%)
Ex-Dividend DateDec 22, 2021
Volume241,955
Open33.67
Previous Close33.63
Day's Range33.36 - 33.74
52-Week Range30.16 - 42.96
Beta0.96
AnalystsSell
Price Target38.17 (+14.0%)
Est. Earnings DateOct 28, 2021

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 holds 181 investments in 27 states with 29 operating partners. The portfolio is comprised of approximately 50% seniors housing and 50% skilled nursing properties.

IndustryEquity Real Estate Investment Trusts (REITs)
IPO DateAug 17, 1992
CEOWendy Simpson
Employees24
Stock ExchangeNYSE
Ticker SymbolLTC
Full Company Profile

Financial Performance

In 2020, LTC Properties's revenue was $159.34 million, a decrease of -14.01% compared to the previous year's $185.30 million. Earnings were $95.29 million, an increase of 18.34%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for LTC Properties stock is "Sell." The 12-month stock price forecast is 38.17, which is an increase of 14.01% from the latest price.

Price Target
$38.17
(14.01% upside)
Analyst Consensus: Sell

News

LTC Closes $46 Million in Investments

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties, Inc. (NYSE: LTC) a real estate investment trust that primarily invests in seniors housing and health care properties, announced today that it h...

2 weeks ago - Business Wire

Want $300 in Monthly Dividend Income? Invest $45,000 in These Ultra-High-Yield Stocks

These juicy income stocks offer an average yield of 8.01%.

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2 weeks ago - The Motley Fool

LTC Announces Date of Third Quarter 2021 Earnings Release, Conference Call and Webcast

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties, Inc. (NYSE:LTC) announced today that the Company will release third quarter earnings on Thursday, October 28, 2021 after market close. The Comp...

2 weeks ago - Business Wire

LTC Declares Its Monthly Common Stock Cash Dividend for the Fourth Quarter of 2021

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties, Inc. (NYSE:LTC) announced today that it had declared a monthly cash dividend on its common stock for the fourth quarter of 2021. The Company de...

3 weeks ago - Business Wire

3 No-Brainer Stocks to Buy in the Healthcare Sector

Don't miss out on these solid picks for your investment portfolio.

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4 weeks ago - The Motley Fool

What Is a 51% Hash Attack -- and Are You Vulnerable?

Hackers have a lot of tools at their disposal when it comes to attacking blockchains.

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1 month ago - The Motley Fool

3 Healthcare REITs With Dividends That Yield More Than 6%

Investors looking for yield can find it in real estate investment trusts that specialize in senior medical care.

Other symbols:OHISBRA
1 month ago - The Motley Fool

LTC Enters Into Settlement Agreement With Senior Care Centers and Abri Health Services

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties, Inc. (NYSE: LTC), a real estate investment trust that primarily invests in seniors housing and health care properties, announced today the Unit...

1 month ago - Business Wire

3 Healthcare REITs Yielding More Than 5%

These real estate investment trusts focus on healthcare. The strong payouts by REITs will benefit long-term income investors.

Other symbols:OHISBRA
2 months ago - InvestorPlace

7 High-Yield Dividend Stocks to Get You Through Market Volatility

With the pandemic causing much uncertainty in the economy, these high-yielding dividend stocks to buy could offer some reassurances. The post 7 High-Yield Dividend Stocks to Get You Through Market Volat...

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2 months ago - InvestorPlace

LTC Properties (LTC) Misses Q2 FFO and Revenue Estimates

LTC (LTC) delivered FFO and revenue surprises of -16.18% and -9.78%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

LTC Reports 2021 Second Quarter Results and Discusses Recent Activities

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties, Inc. (NYSE: LTC) ("LTC" or the "Company"), a real estate investment trust that primarily invests in seniors housing and health care properties,...

2 months ago - Business Wire

2 Stocks That Pay You Each Month

Why wait three months for a dividend payment when you don't have to?

3 months ago - The Motley Fool

LTC Announces Date of Second Quarter 2021 Earnings Release, Conference Call and Webcast

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties, Inc. (NYSE:LTC) announced today that the Company will release second quarter earnings on Thursday, July 29, 2021 after market close. The Compan...

3 months ago - Business Wire

LTC Declares Its Monthly Common Stock Cash Dividend for the Third Quarter of 2021

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties, Inc. (NYSE:LTC) announced today that it had declared a monthly cash dividend on its common stock for the third quarter of 2021. The Company dec...

3 months ago - Business Wire

5 Safe Healthcare Dividends Yielding 5.5%

Healthcare—along with consumer staples (“buying stuff”) and utilities (“keeping the lights on”)—provide portfolio stability.

Other symbols:ABBVGMRENHISBRA
4 months ago - Forbes

LTC Sells Three Assisted Living Communities in Wisconsin

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties, Inc. (NYSE: LTC), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced the sale...

4 months ago - Business Wire

Want To Invest In Senior Housing? Check Out These 3 Health Care REITs

There's no question that the demand for senior housing has been growing over the past several years, and that demand will continue to grow over the next two decades. As the percentage of the population ...

Other symbols:OHISBRA
4 months ago - Benzinga

LTC Senior Management to Participate in the NAREIT REITWeek 2021 Conference

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties Inc. (NYSE: LTC), a real estate investment trust that invests in seniors housing and health care properties, today announced that senior managem...

5 months ago - Business Wire

Here's 1 High-Yield Dividend Stock You Can Trust

Looking for dividend-paying stocks that won't let you down? Here's one healthcare REIT for the more adventurous that is holding the line.

5 months ago - The Motley Fool

New Strong Sell Stocks for May 3rd

BIDU, CRON, FORM, LTC, and SUNW have been added to the Zacks Rank #5 (Strong Sell) List on May 3, 2021

Other symbols:BIDUCRONFORMSUNW
5 months ago - Zacks Investment Research

LTC Properties (LTC) Q1 FFO and Revenues Lag Estimates

LTC (LTC) delivered FFO and revenue surprises of -10.14% and -7.22%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

LTC Reports 2021 First Quarter Results and Discusses Recent Activities

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties, Inc. (NYSE: LTC), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced operatin...

5 months ago - Business Wire

What Can You Do With Dogecoin?

Here's what you can (and can't) do with the popular cryptocurrency -- and why it matters.

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6 months ago - The Motley Fool

LTC Announces Date of First Quarter 2021 Earnings Release, Conference Call and Webcast

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties, Inc. (NYSE:LTC) announced today that the Company will release first quarter earnings on Thursday, April 29, 2021 after market close. The Compan...

6 months ago - Business Wire