LTC Properties, Inc. (LTC)
NYSE: LTC · IEX Real-Time Price · USD
36.66
-0.08 (-0.22%)
At close: Jul 19, 2024, 4:00 PM
36.74
+0.08 (0.22%)
Pre-market: Jul 22, 2024, 7:20 AM EDT
LTC Properties Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for LTC Properties stock have an average target of 33.4, with a low estimate of 29 and a high estimate of 36. The average target predicts a decrease of -8.89% from the current stock price of 36.66.
Analyst Consensus: Buy
* Price targets were last updated on Mar 11, 2024.
Analyst Ratings
The average analyst rating for LTC Properties stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 1 | 1 | 1 | 1 | 1 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Hold Reiterates $32 | Hold | Reiterates | $32 | -12.71% | Mar 11, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Initiates $34 | Hold | Initiates | $34 | -7.26% | Jan 30, 2024 |
| Wedbush | Wedbush | Buy Initiates $36 | Buy | Initiates | $36 | -1.80% | Oct 3, 2023 |
| Berenberg | Berenberg | Strong Buy Initiates $36 | Strong Buy | Initiates | $36 | -1.80% | Sep 28, 2023 |
| Jefferies | Jefferies | Hold Initiates $29 | Hold | Initiates | $29 | -20.89% | Sep 20, 2023 |
Financial Forecast
Revenue This Year
201.27M
from 197.24M
Increased by 2.04%
Revenue Next Year
207.97M
from 201.27M
Increased by 3.33%
EPS This Year
1.97
from 2.16
Decreased by -8.98%
EPS Next Year
1.91
from 1.97
Decreased by -3.00%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 212.4M | 227.8M |
| Avg | 201.3M | 208.0M |
| Low | 193.4M | 193.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 7.7% | 13.2% |
| Avg | 2.0% | 3.3% |
| Low | -2.0% | -3.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.23 | 2.08 | 1.96 |
| Avg | 1.97 | 1.91 | 1.88 |
| Low | 1.82 | 1.75 | 1.82 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.1% | 5.7% | 3.0% |
| Avg | -9.0% | -3.0% | -1.2% |
| Low | -15.6% | -10.8% | -4.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.