LTC Properties (LTC) Stock Price, News & Analysis

Company Overview

LTC Properties, Inc. is a real estate investment trust, which engages in managing seniors housing and health care properties. It operates through the Texas, Michigan, Florida, Wisconsin, Colorado, and Remaining States geographic segments. The company was founded by Andre C. Dimitriadis on May 12, 1992 and is headquartered in Westlake Village, CA.

Key Stats

• Today's Range: $34.79 to $35.20
• 50-Day Range: $33.42 to $39.44
• 52-Week Range: $30.30 to $39.89
• Volume: 319,962 shs
• Average Volume: 318,357 shs
• Market Capitalization: $1.58 billion
• P/E Ratio: 14.99
• Dividend Yield: 6.53%
• Price Target: $37.75
• Consensus Rating: Moderate Buy

LTC Properties Stock Analysis - MarketRank™

LTC Properties scored higher than 39% of companies evaluated by MarketBeat, and ranked 712th out of 948 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

LTC Properties has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

LTC Properties has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -2.51%

Earnings Growth

Earnings for LTC Properties are expected to decrease by -2.51% in the coming year, from $2.79 to $2.72 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of LTC Properties is 14.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.72.

Price to Earnings Ratio vs. Sector

The P/E ratio of LTC Properties is 14.99, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 25.18.

Price to Book Value per Share Ratio

LTC Properties has a P/B Ratio of 1.58. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.29% of the outstanding shares of LTC Properties have been sold short.

Short Interest Ratio / Days to Cover

LTC Properties has a short interest ratio ("days to cover") of 5.

Change versus previous month

Short interest in LTC Properties has recently increased by 30.70%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

LTC Properties is a leading dividend payer. It pays a dividend yield of 6.81%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

LTC Properties does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of LTC Properties is 97.85%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, LTC Properties will have a dividend payout ratio of 83.82% in the coming year. This indicates that LTC Properties may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.29% of the outstanding shares of LTC Properties have been sold short.

Short Interest Ratio / Days to Cover

LTC Properties has a short interest ratio ("days to cover") of 5.

Change versus previous month

Short interest in LTC Properties has recently increased by 30.70%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.11

News Sentiment

LTC Properties has a news sentiment score of 0.11. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for LTC Properties this week, compared to 3 articles on an average week.

Search Interest

11 people have searched for LTC on MarketBeat in the last 30 days. This is an increase of 267% compared to the previous 30 days.

MarketBeat Follows

5 people have added LTC Properties to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, LTC Properties insiders have sold 108.56% more of their company's stock than they have bought. Specifically, they have bought $111,480.00 in company stock and sold $232,500.00 in company stock.

Percentage Held by Insiders

Only 2.00% of the stock of LTC Properties is held by insiders.

Percentage Held by Institutions

69.25% of the stock of LTC Properties is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

LTC Stock Analysis - Frequently Asked Questions

How have LTC shares performed this year?

LTC Properties' stock was trading at $34.55 at the start of the year. Since then, LTC stock has increased by 1.1% and is now trading at $34.9270.
View the best growth stocks for 2025 here.

How were LTC Properties' earnings last quarter?

LTC Properties, Inc. (NYSE:LTC) issued its earnings results on Monday, October, 28th. The real estate investment trust reported $0.66 EPS for the quarter, missing the consensus estimate of $0.71 by $0.05. LTC Properties's revenue was up 13.1% compared to the same quarter last year.

Who are LTC Properties' major shareholders?

LTC Properties' top institutional shareholders include Nisa Investment Advisors LLC (0.06%), SG Americas Securities LLC (0.05%), ORG Partners LLC (0.03%) and GAMMA Investing LLC (0.01%). Insiders that own company stock include Wendy Simpson, Clint B Malin, Caroline Chikhale, Timothy Triche, Boyd W Hendrickson and David L Gruber.
View institutional ownership trends.

How do I buy shares of LTC Properties?

Shares of LTC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of LTC Properties own?

Based on aggregate information from My MarketBeat watchlists, some other companies that LTC Properties investors own include American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), Humana (HUM), The RMR Group (RMR), Voyager Therapeutics (VYGR) and AUO (AUOTY).

Company Calendar

• Last Earnings: 10/28/2024
• Ex-Dividend for 12/31 Dividend: 12/23/2024
• Dividend Payable: 12/31/2024
• Today: 1/20/2025
• Ex-Dividend for 1/31 Dividend: 1/23/2025
• Dividend Payable: 1/31/2025
• Next Earnings (Estimated): 2/20/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Specialized REITs
• Current Symbol: NYSE:LTC
• CUSIP: 50217510
• CIK: 887905
• Web: www.ltcreit.com
• Phone: (805) 981-8655
• Fax: 805-981-8663
• Employees: 20
• Year Founded: 1992

Price Target and Rating

• Average Stock Price Target: $37.75
• High Stock Price Target: $40.00
• Low Stock Price Target: $34.00
• Potential Upside/Downside: +8.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.80
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.33
• Trailing P/E Ratio: 14.99
• Forward P/E Ratio: 12.52
• P/E Growth: N/A
• Net Income: $89.74 million
• Net Margins: 48.77%
• Pretax Margin: 50.11%
• Return on Equity: 10.49%
• Return on Assets: 5.44%

Debt

• Debt-to-Equity Ratio: 0.75
• Current Ratio: 11.60
• Quick Ratio: 11.60

Sales & Book Value

• Annual Sales: $197.24 million
• Price / Sales: 8.01
• Cash Flow: $3.25 per share
• Price / Cash Flow: 10.74
• Book Value: $22.13 per share
• Price / Book: 1.58

Miscellaneous

• Outstanding Shares: 45,260,000
• Free Float: 44,356,000
• Market Cap: $1.58 billion
• Optionable: Optionable
• Beta: 0.93