LTC Properties (NYSE:LTC) Releases FY 2025 Earnings Guidance

LTC Properties (NYSE:LTC) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 2.690-2.710 for the period, compared to the consensus EPS estimate of 2.190. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on LTC. JMP Securities reaffirmed a “market outperform” rating and set a $43.00 target price on shares of LTC Properties in a research report on Friday, October 17th. Cantor Fitzgerald began coverage on LTC Properties in a research report on Wednesday, October 1st. They set a “neutral” rating and a $38.00 target price on the stock. Wells Fargo & Company lowered their target price on LTC Properties from $37.00 to $36.00 and set an “equal weight” rating on the stock in a research report on Tuesday, October 21st. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of LTC Properties in a research report on Wednesday, October 8th. Finally, BMO Capital Markets raised LTC Properties from an “underperform” rating to a “market perform” rating and set a $39.00 target price on the stock in a research report on Wednesday, September 24th. Two equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $38.60.

LTC Properties Stock Performance

NYSE:LTC traded up $0.29 during trading on Tuesday, reaching $35.68. The company’s stock had a trading volume of 442,401 shares, compared to its average volume of 353,228. The firm has a market cap of $1.64 billion, a price-to-earnings ratio of 19.61 and a beta of 0.68. The company has a debt-to-equity ratio of 0.67, a quick ratio of 9.06 and a current ratio of 9.06. The firm has a 50 day moving average of $35.69 and a 200-day moving average of $35.46. LTC Properties has a 12 month low of $31.70 and a 12 month high of $39.89.

LTC Properties (NYSE:LTC) last announced its quarterly earnings data on Tuesday, November 4th. The real estate investment trust reported $0.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.67 by $0.02. LTC Properties had a return on equity of 7.95% and a net margin of 38.24%. LTC Properties has set its FY 2025 guidance at 2.690-2.710 EPS. Research analysts expect that LTC Properties will post 2.79 EPS for the current fiscal year.

LTC Properties Announces Dividend

The firm also recently disclosed a dec 25 dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 23rd will be paid a $0.19 dividend. This represents a yield of 615.0%. The ex-dividend date is Tuesday, December 23rd. LTC Properties’s dividend payout ratio is 125.27%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Thrivent Financial for Lutherans boosted its stake in LTC Properties by 1.6% during the second quarter. Thrivent Financial for Lutherans now owns 33,774 shares of the real estate investment trust’s stock valued at $1,169,000 after buying an additional 529 shares during the period. California State Teachers Retirement System boosted its position in shares of LTC Properties by 1.9% during the 2nd quarter. California State Teachers Retirement System now owns 40,328 shares of the real estate investment trust’s stock valued at $1,396,000 after acquiring an additional 764 shares during the last quarter. AQR Capital Management LLC boosted its position in shares of LTC Properties by 2.8% during the 1st quarter. AQR Capital Management LLC now owns 29,259 shares of the real estate investment trust’s stock valued at $1,037,000 after acquiring an additional 806 shares during the last quarter. Daiwa Securities Group Inc. boosted its position in shares of LTC Properties by 5.9% during the 2nd quarter. Daiwa Securities Group Inc. now owns 16,346 shares of the real estate investment trust’s stock valued at $566,000 after acquiring an additional 911 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its position in shares of LTC Properties by 6.4% during the 2nd quarter. BNP Paribas Financial Markets now owns 15,828 shares of the real estate investment trust’s stock valued at $548,000 after acquiring an additional 954 shares during the last quarter. Institutional investors own 69.25% of the company’s stock.

LTC Properties Company Profile

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.