LTC Properties, Inc. which can be found using ticker (LTC) now have 7 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 39 and 32 calculating the average target price we see $35.71. Given that the stocks previous close was at $32.30 this now indicates there is a potential upside of 10.6%. The 50 day moving average now sits at $34.33 and the 200 day MA is $38.07. The market capitalization for the company is $1,376m. Find out more information at: https://www.LTCreit.com
The potential market cap would be $1,521m based on the market consensus.
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’s investment portfolio includes 215 properties in 29 states with 31 operating partners. Based on its gross real estate investments, LTC’s investment portfolio is comprised of approximately 50% seniors housing and 50% skilled nursing properties.
The company has a dividend yield of 7.06% with the ex dividend date set at 22-5-2023 (DMY).
Other points of data to note are a P/E ratio of 11.38, revenue per share of 4.43 and a 3.7% return on assets.
