LTC Properties, Inc. (LTC)

NYSE: LTC · IEX Real-Time Price · USD
36.23
-0.54 (-1.47%)
Sep 27, 2022 3:50 PM EDT - Market open
-1.47%
Market Cap 1.47B
Revenue (ttm) 160.72M
Net Income (ttm) 91.98M
Shares Out 40.50M
EPS (ttm) 2.33
PE Ratio 15.55
Forward PE 13.74
Dividend $2.28 (6.29%)
Ex-Dividend Date Sep 21, 2022
Volume 195,436
Open 36.86
Previous Close 36.77
Day's Range 36.14 - 37.10
52-Week Range 31.36 - 45.49
Beta 0.87
Analysts Hold
Price Target 43.07 (+18.9%)
Earnings Date Oct 26, 2022

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. [Read more...]

Industry Equity Real Estate Investment Trusts (REITs)
IPO Date Aug 17, 1992
CEO Wendy Simpson
Employees 25
Stock Exchange NYSE
Ticker Symbol LTC
Full Company Profile

Financial Performance

In 2021, LTC Properties's revenue was $155.32 million, a decrease of -2.52% compared to the previous year's $159.34 million. Earnings were $55.86 million, a decrease of -41.38%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for LTC stock is "Hold." The 12-month stock price forecast is 43.07, which is an increase of 18.88% from the latest price.

Price Target
$43.07
(18.88% upside)
Analyst Consensus: Hold
Stock Forecasts

News

LTC Completes $62 Million Joint Venture Investment for Purchase of Three Skilled Nursing Centers

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 a joint ...

2 weeks ago - Business Wire

Is LTC Properties (LTC) Outperforming Other Finance Stocks This Year?

Here is how LTC Properties (LTC) and American Financial Group (AFG) have performed compared to their sector so far this year.

1 month ago - Zacks Investment Research

3 Monthly Dividend Stocks to Buy for Safety

Safety in investing is very important. Your first goal should be to protect your capital.

Other symbols: EPRPBA
1 month ago - InvestorPlace

7 Monthly Dividend Stocks to Buy for Reliable Income

While any company that provides passive income to stakeholders is positive – especially during this inflationary cycle – certain organizations stand out over others. In particular, investors should look...

Other symbols: MAINOPBASJRSLGSTAG
1 month ago - InvestorPlace

Best Momentum Stocks to Buy for August 1st

CHRW, LTC and ARI made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on August 1, 2022.

Other symbols: ARICHRW
1 month ago - Zacks Investment Research

New Strong Buy Stocks for August 1st

LTC, LBAI, ARI, CHRW and CSL have been added to the Zacks Rank #1 (Strong Buy) List on August 1, 2022.

Other symbols: ARICHRWCSLLBAI
1 month ago - Zacks Investment Research

Best Income Stocks to Buy for August 1st

LTC, LBAI, and ARI made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 1, 2022.

Other symbols: ARILBAI
1 month ago - Zacks Investment Research

LTC Properties (LTC) Q2 FFO and Revenues Surpass Estimates

LTC (LTC) delivered FFO and revenue surprises of 1.59% and 3.02%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

LTC Reports 2022 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,...

1 month ago - Business Wire

7 Best Income Stocks to Buy Now

With inflation putting a beating on household budgets and earnings, the best income stocks to buy may help mitigate the crisis. The post 7 Best Income Stocks to Buy Now appeared first on InvestorPlace.

Other symbols: ABBVADCCVXENBIBMSCCO
2 months ago - InvestorPlace

LTC Announces Date of Second Quarter 2022 Earnings Release, Conference Call and Webcast

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties, Inc. (NYSE:LTC) will release second quarter earnings on Thursday, July 28, 2022 after market close. LTC will conduct a conference call on Frida...

2 months ago - Business Wire

S&P 500 Got You Feeling Down? Look Into These 3 Real Estate Investment Trusts

These REITs are rolling along, besting the big index year to date.

Other symbols: SBRAWPC
2 months ago - The Motley Fool

5 High-Performing Stocks in Historical Low PS Model Portfolio

According to model portfolio statistics, five stocks in the Historical Low Price-Sales Model Portfolio that have gained more than 6% in the year to date are Banco de Chile ( BCH , Financial), LTC Proper...

Other symbols: BCHDOXEDUGRFS
2 months ago - GuruFocus

7 Monthly Dividend Stocks to Buy in July 2022

With passive income, frequency of cash flow also matters, which is why these monthly dividend stocks to buy are compelling. The post 7 Monthly Dividend Stocks to Buy in July 2022 appeared first on Inves...

Other symbols: ADCGWRSLANDMAINPVLSTAG
2 months ago - InvestorPlace

LTC Declares Its Monthly Common Stock Cash Dividend for the Third Quarter Of 2022

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 2022. The Company dec...

2 months ago - Business Wire

7 Great Growth Stocks That Also Pay Monthly Dividends

If you can combine growth stocks and dividends, there is nothing better. These seven names should give you both for a more stable portfolio.

Other symbols: DXMAINPBASBRSTAG
3 months ago - InvestorPlace

LTC Senior Management to Participate in the NAREIT REITWeek 2022 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...

3 months ago - Business Wire

Is Senior Housing a Good Investment Right Now?

Investing in senior housing is a long play that has the potential to pay off big time.

Other symbols: VTRWELL
3 months ago - The Motley Fool

5 Monthly Dividend Stocks to Buy Right Now

Dividends provide stability, growth, and long-term value. Monthly dividend stocks are a reliable form of investment for decades.

Other symbols: AGNCBRMKGOODPSEC
4 months ago - InvestorPlace

LTC Announces $75 Million Private Placement Debt Financing at 3.66%

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,...

4 months ago - Business Wire

LTC Closes $36 Million Investment in Four-Property Assisted Living Portfolio and Land Parcel

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 a $36.0 ...

4 months ago - Business Wire

LTC Properties (LTC) Q1 FFO Lag Estimates

LTC (LTC) delivered FFO and revenue surprises of -3.23% and 8.92%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

LTC Reports 2022 First 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,...

4 months ago - Business Wire

Want $300 in Monthly Dividend Income? Invest $41,800 in These High-Yield Stocks

These top-notch income stocks offer an average yield of 8.62%!

Other symbols: AGNCPFLT
5 months ago - The Motley Fool

LTC Announces Date of First Quarter 2022 Earnings Release, Conference Call and Webcast

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties, Inc. (NYSE:LTC) will release first quarter earnings on Thursday, April 28, 2022 after market close. LTC will conduct a conference call on Frida...

5 months ago - Business Wire