LTC Properties (LTC) Projected to Post Quarterly Earnings on Monday

LTC Properties (NYSE:LTC) will likely be issuing its Q2 2025 quarterly earnings data after the market closes on Monday, August 4th. Analysts expect the company to announce earnings of $0.67 per share and revenue of $49.97 million for the quarter. LTC Properties has set its FY 2025 guidance at 2.650-2.690 EPS.

LTC Properties (NYSE:LTC) last announced its earnings results on Monday, May 5th. The real estate investment trust reported $0.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by ($0.01). LTC Properties had a net margin of 42.16% and a return on equity of 8.48%. The business had revenue of $49.03 million for the quarter, compared to analyst estimates of $44.43 million. During the same period in the prior year, the company earned $0.69 earnings per share. The company’s quarterly revenue was down 4.5% on a year-over-year basis. On average, analysts expect LTC Properties to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

LTC Properties Trading Down 0.3%

Shares of NYSE:LTC opened at $35.44 on Monday. The business’s 50-day moving average is $35.20 and its 200 day moving average is $35.03. LTC Properties has a 1 year low of $31.70 and a 1 year high of $39.89. The firm has a market capitalization of $1.63 billion, a P/E ratio of 18.27 and a beta of 0.65. The company has a debt-to-equity ratio of 0.65, a current ratio of 10.55 and a quick ratio of 10.55.

LTC Properties Dividend Announcement

The firm also recently announced a dividend, which will be paid on Thursday, July 31st. Investors of record on Thursday, July 24th will be given a dividend of $0.19 per share. This represents a yield of 6.47%. The ex-dividend date is Wednesday, July 23rd. LTC Properties’s dividend payout ratio is currently 117.53%.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on LTC. Wedbush raised LTC Properties to a “strong-buy” rating in a report on Wednesday, July 2nd. Royal Bank Of Canada reissued a “sector perform” rating and issued a $36.00 price objective on shares of LTC Properties in a report on Monday, May 19th. Two analysts have rated the stock with a hold rating, one has issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $38.00.

Insider Buying and Selling at LTC Properties

In other news, EVP David M. Boitano acquired 6,000 shares of the business’s stock in a transaction dated Friday, June 27th. The shares were acquired at an average cost of $34.71 per share, with a total value of $208,260.00. Following the completion of the acquisition, the executive vice president owned 15,626 shares of the company’s stock, valued at approximately $542,378.46. This trade represents a 62.33% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 2.00% of the company’s stock.

Institutional Trading of LTC Properties

An institutional investor recently raised its position in LTC Properties stock. Royal Bank of Canada increased its stake in shares of LTC Properties, Inc. (NYSE:LTC) by 37.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,344 shares of the real estate investment trust’s stock after acquiring an additional 5,840 shares during the period. Royal Bank of Canada’s holdings in LTC Properties were worth $757,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds 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.