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How to buy LTC Properties (LTC) stocks
Learn how to easily invest in LTC Properties stocks.
LTC Properties is a reit-healthcare facilities business based in the US. LTC Properties stocks (LTC.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $38.22 – an increase of 3.43% over the previous week. LTC Properties employs 24 staff and has a trailing 12-month revenue of around $178.9 million.
How to buy LTC Properties stock
- Choose a stock trading platform. Use our comparison table or choose from our Top Picks below.
- Open an account. Provide your personal information and sign up.
- Fund your account. Deposit funds unto your account by linking your banking information or transfer funds from another trading account.
- Search for the stock name – LTC. Search for the stock by name or ticker symbol.
- Buy the stock. Place your order. It's that simple.
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What's in this guide?
- Can I buy shares in LTC Properties?
- Has coronavirus impacted LTC Properties shares?
- LTC Properties shares summary
- Compare share dealing platforms
- Is LTC Properties stock a buy or sell?
- LTC Properties performance over time
- Are LTC Properties shares over-valued?
- LTC Properties's financials
- How volatile are LTC Properties shares?
- Does LTC Properties pay a dividend?
- Have LTC Properties shares ever split?
- Other common questions
LTC Properties stock price (NYSE:LTC)Use our graph to track the performance of LTC stocks over time.
LTC Properties shares at a glance
|Latest market close||$32.29|
|52-week range||$30.87 - $43.41|
|50-day moving average||$33.52|
|200-day moving average||$37.35|
|Wall St. target price||$35.00|
|Dividend yield||$2.28 (7.33%)|
|Earnings per share (TTM)||$2.92|
Buy LTC Properties stocks from these online trading platformsCompare special offers, low fees and a wide range of investment options among top trading platforms.
Note: The dollar amounts in the table below are in Canadian dollars.
Is it a good time to buy LTC Properties stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
LTC Properties price performance over time
Historical closes compared with the close of $32.29 from 2023-06-01
|1 week (2023-05-23)||-0.37%|
|1 month (2023-05-02)||-0.03%|
|3 months (2023-03-01)||-7.85%|
|6 months (2022-11-28)||N/A|
|1 year (2022-05-29)||N/A|
|2 years (2021-06-02)||-20.37%|
|3 years (2020-06-02)||37.72|
|5 years (2018-06-01)||41.52|
Is LTC Properties stock undervalued or overvalued?
Valuing LTC Properties stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of LTC Properties's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
LTC Properties's P/E ratio
LTC Properties's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 11x. In other words, LTC Properties shares trade at around 11x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
LTC Properties's PEG ratio
LTC Properties's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 5.41. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into LTC Properties's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
LTC Properties's EBITDA
LTC Properties's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $136.1 million.
The EBITDA is a measure of a LTC Properties's overall financial performance and is widely used to measure a its profitability.
LTC Properties financials
|Revenue TTM||$178.9 million|
|Operating margin TTM||55.24%|
|Gross profit TTM||$155.8 million|
|Return on assets TTM||3.7%|
|Return on equity TTM||14.89%|
|Market capitalisation||$1.3 billion|
TTM: trailing 12 months
LTC Properties share dividends
Dividend payout ratio: 26.03% of net profits
Recently LTC Properties has paid out, on average, around 26.03% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 7.33% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), LTC Properties shareholders could enjoy a 7.33% return on their shares, in the form of dividend payments. In LTC Properties's case, that would currently equate to about $2.28 per share.
While LTC Properties's payout ratio might seem fairly standard, it's worth remembering that LTC Properties may be investing much of the rest of its net profits in future growth.
LTC Properties's most recent dividend payout was on 30 June 2023. The latest dividend was paid out to all shareholders who bought their shares by 21 June 2023 (the "ex-dividend date").
Have LTC Properties's shares ever split?
LTC Properties's shares were split on a 11:10 basis on 1 October 1998. So if you had owned 10 shares the day before before the split, the next day you'd have owned 11 shares. This wouldn't directly have changed the overall worth of your LTC Properties shares – just the quantity. However, indirectly, the new 9.1% lower share price could have impacted the market appetite for LTC Properties shares which in turn could have impacted LTC Properties's share price.
LTC Properties share price volatility
Over the last 12 months, LTC Properties's shares have ranged in value from as little as $30.87 up to $43.4062. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while LTC Properties's is 0.9469. This would suggest that LTC Properties's shares are less volatile than average (for this exchange).
LTC Properties overview
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. .
Stocks similar to LTC Properties
LTC Properties in the news
LTC to Participate in Nareit’s REITWeek 2023 Investor Conference
Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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