Media stories about LTC Properties (NYSE:LTC) have trended somewhat positive on Tuesday, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. LTC Properties earned a news sentiment score of 0.16 on Accern’s scale. Accern also gave media headlines about the real estate investment trust an impact score of 45.4556637492635 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the media headlines that may have effected Accern Sentiment’s scoring:
- Relative Strength Alert For LTC Properties (nasdaq.com)
- Tower Research Capital Trc Increased Emerson Elec Co (EMR) Position; LTC Properties (LTC) Sentiment Is 1.56 (mtastar.com)
- FY2018 EPS Estimates for LTC Properties, Inc. (LTC) Decreased by Analyst (americanbankingnews.com)
- Ex-Dividend Alert: LTC Properties Has a Dividend Yield of 6.25%; Will Trade Ex-Dividend on April 19, 2018 (finance.yahoo.com)
- LTC Properties, Inc. (LTC) Receives Average Recommendation of “Hold” from Analysts (americanbankingnews.com)
Shares of LTC opened at $34.89 on Tuesday. The firm has a market capitalization of $1,392.56, a P/E ratio of 11.25, a PEG ratio of 2.91 and a beta of 0.11. LTC Properties has a one year low of $34.59 and a one year high of $52.85. The company has a current ratio of 8.25, a quick ratio of 8.25 and a debt-to-equity ratio of 0.88.
LTC Properties (NYSE:LTC) last announced its earnings results on Thursday, March 1st. The real estate investment trust reported $0.50 EPS for the quarter, missing the consensus estimate of $0.75 by ($0.25). The firm had revenue of $41.73 million during the quarter, compared to the consensus estimate of $33.28 million. LTC Properties had a return on equity of 11.52% and a net margin of 51.86%. research analysts expect that LTC Properties will post 3.02 EPS for the current fiscal year.
The company also recently announced a monthly dividend, which will be paid on Friday, June 29th. Investors of record on Thursday, June 21st will be issued a $0.19 dividend. The ex-dividend date is Wednesday, June 20th. This represents a $2.28 annualized dividend and a yield of 6.53%. LTC Properties’s dividend payout ratio (DPR) is presently 73.55%.
LTC has been the topic of a number of recent research reports. Zacks Investment Research upgraded shares of LTC Properties from a “sell” rating to a “hold” rating in a report on Tuesday, March 6th. Mizuho cut their price target on shares of LTC Properties from $51.00 to $41.00 and set a “neutral” rating on the stock in a report on Monday, March 5th. Royal Bank of Canada set a $43.00 price target on shares of LTC Properties and gave the company a “hold” rating in a report on Tuesday, March 6th. ValuEngine downgraded shares of LTC Properties from a “buy” rating to a “hold” rating in a report on Sunday, December 31st. Finally, Stifel Nicolaus set a $40.00 target price on shares of LTC Properties and gave the stock a “hold” rating in a report on Thursday, March 1st. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $46.25.
LTC Properties Company Profile
LTC is a self-administered real estate investment trust that primarily invests in seniors housing and health care properties primarily through sale-leaseback transactions, mortgage financing and structured finance solutions including mezzanine lending. At December 31, 2017, LTC had 202 investments located in 29 states comprising 105 assisted living communities, 96 skilled nursing centers and 1 behavioral health care hospital.
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