LTC Properties Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for LTC Properties stock have an average target of 35.75, with a low estimate of 32 and a high estimate of 40. The average target predicts a decrease of -7.00% from the current stock price of 38.44.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$32	$35.75	$37	$40
Change	-16.75%	-7.00%	-3.75%	+4.06%

* Price targets were last updated on Oct 1, 2024.

Analyst Ratings

The average analyst rating for LTC Properties stock from 4 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	1	1	1	1	0	0
Buy	1	1	1	1	1	1
Hold	3	3	3	2	3	3
Sell	1	1	1	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	6	6	4	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Connor Siversky Wells Fargo	Wells Fargo	Hold Initiates $36 → $37	Hold	Initiates	$36 → $37	-3.75%	Oct 1, 2024
Richard Anderson Wedbush	Wedbush	Buy Reiterates $40	Buy	Reiterates	$40	+4.06%	Sep 20, 2024
Michael Carroll RBC Capital	RBC Capital	Hold Reiterates $32	Hold	Reiterates	$32	-16.75%	Mar 11, 2024
Omotayo Okusanya Deutsche Bank	Deutsche Bank	Hold Initiates $34	Hold	Initiates	$34	-11.55%	Jan 30, 2024
Richard Anderson Wedbush	Wedbush	Buy Initiates $36	Buy	Initiates	$36	-6.35%	Oct 3, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

203.79M

Revenue Next Year

205.39M

from 203.79M

0.79%

from 203.79M

EPS This Year

2.04

from 2.16

-5.36%

from 2.16

EPS Next Year

1.95

from 2.04

-4.45%

from 2.04

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	-	-	-	-	-	203.79M	205.39M	-
Revenue Growth	11.21%	-14.70%	-1.63%	10.79%	11.45%	-	0.79%	-
EPS	2.02	2.42	1.41	2.48	2.16	2.04	1.95	1.92
EPS Growth	-48.07%	19.80%	-41.74%	75.89%	-12.90%	-5.36%	-4.45%	-1.76%
Forward PE	-	-	-	-	-	18.80	19.68	20.03
No. Analysts	-	-	-	-	-	7	7	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025
High	216.4M	233.4M
Avg	203.8M	205.4M
Low	193.5M	187.9M

Revenue Growth

Revenue Growth	2024	2025
High	-	14.5%
Avg	-	0.8%
Low	-	-7.8%

EPS Forecast

EPS	2024	2025	2026
High	2.36	2.35	1.99
Avg	2.04	1.95	1.92
Low	1.82	1.71	1.86

EPS Growth

EPS Growth	2024	2025	2026
High	9.4%	15.1%	2.1%
Avg	-5.4%	-4.4%	-1.8%
Low	-15.6%	-16.1%	-4.7%

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.