TipRanks (Thu, 9-May 7:01 AM ET)
KeyBanc Remains a Hold on LTC Properties (LTC)
TipRanks (Thu, 9-May 3:28 AM ET)
Business Wire (Wed, 1-May 4:15 PM ET)
LTC Reports 2024 First Quarter Results and Discusses Recent Activities
Business Wire (Mon, 29-Apr 4:15 PM ET)
LTC Announces Date of First Quarter 2024 Earnings Release, Conference Call and Webcast
Business Wire (Tue, 9-Apr 9:30 AM ET)
LTC Originates $12.7 Million Loan for Purchase of Skilled Nursing/Assisted Living Campus
Business Wire (Wed, 3-Apr 4:15 PM ET)
LTC Declares Its Monthly Common Stock Cash Dividend for the Second Quarter of 2024
Business Wire (Mon, 1-Apr 9:30 AM ET)
LTC to Participate in the Deutsche Bank Inaugural Healthcare REIT Summit
Business Wire (Wed, 27-Mar 9:30 AM ET)
LTC Reports 2023 Fourth Quarter Results and Discusses Recent Activities
Business Wire (Thu, 15-Feb 4:15 PM ET)
LTC Properties Inc is a healthcare facility real estate investment trust. The company operates one segment that works to invest in seniors housing and healthcare facilities through mortgage loans, property lease transactions, and other investments. Its real estate investments includes different types of properties such as Independent living communities, Assisted living communities, Memory care communities, Skilled nursing centers and other types of properties.
LTC Properties trades on the NYSE stock market under the symbol LTC.
As of May 14, 2024, LTC stock price climbed to $34.52 with 62,032 million shares trading.
LTC has a beta of 0.78, meaning it tends to be less sensitive to market movements. LTC has a correlation of 0.30 to the broad based SPY ETF.
LTC has a market cap of $1.50 billion. This is considered a Small Cap stock.
Last quarter LTC Properties reported $34 million in Revenue and $.69 earnings per share. This beat revenue expectation by $2 million and exceeded earnings estimates by $.05.
In the last 3 years, LTC stock traded as high as $45.49 and as low as $30.30.
The top ETF exchange traded funds that LTC belongs to (by Net Assets): IJR, VNQ, VTI, VB, IWM.
LTC stock has underperformed the market in the last year with a return of +9.3%, while SPY returned +28.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in LTC shares. However, LTC has outperformed the market in the last 3 month and 2 week periods, returning +14.2% and +6.2%, while SPY returned +5.7% and +2.1%, respectively. This indicates LTC has been having a stronger performance recently.
LTC support price is $33.93 and resistance is $34.57 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that LTC stock will trade within this expected range on the day.