Media coverage about LTC Properties (NYSE:LTC) has been trending somewhat positive this week, Accern Sentiment reports. The research group ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. LTC Properties earned a coverage optimism score of 0.08 on Accern’s scale. Accern also assigned news stories about the real estate investment trust an impact score of 44.968066013135 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the media headlines that may have effected Accern Sentiment’s scoring:
- LTC Properties, Inc. (LTC) returned -2.57% low in last month – Street Observer (press release) (streetobserver.com)
- October 2017 Stock Considerations (divhut.com)
- Capital One Financial Corporation Comments on LTC Properties, Inc.’s Q3 2017 Earnings (LTC) (americanbankingnews.com)
- Retirement Strategy: What’s Wrong With Apple? (seekingalpha.com)
- RSI update: LTC Properties, Inc. (LTC) Becomes Oversold – Voice Of Analysts (analystsbuzz.com)
Shares of LTC Properties (LTC) opened at 46.98 on Monday. LTC Properties has a 12 month low of $43.17 and a 12 month high of $52.85. The stock has a market cap of $1.86 billion, a price-to-earnings ratio of 20.65 and a beta of 0.15. The company has a 50-day moving average price of $48.71 and a 200-day moving average price of $48.79.
LTC Properties (NYSE:LTC) last announced its earnings results on Wednesday, August 9th. The real estate investment trust reported $0.79 EPS for the quarter, topping the consensus estimate of $0.78 by $0.01. LTC Properties had a net margin of 53.36% and a return on equity of 11.99%. The company had revenue of $42.47 million during the quarter, compared to analysts’ expectations of $35.08 million. On average, analysts expect that LTC Properties will post $2.18 EPS for the current fiscal year.
The company also recently disclosed a monthly dividend, which was paid on Friday, September 29th. Investors of record on Thursday, September 21st were paid a $0.19 dividend. This represents a $2.28 dividend on an annualized basis and a yield of 4.85%. The ex-dividend date of this dividend was Wednesday, September 20th. LTC Properties’s dividend payout ratio is 100.00%.
Several research analysts recently commented on the stock. Mizuho reiterated a “neutral” rating on shares of LTC Properties in a research note on Wednesday, June 28th. BidaskClub downgraded LTC Properties from a “buy” rating to a “hold” rating in a research report on Saturday, July 8th. Zacks Investment Research raised LTC Properties from a “sell” rating to a “hold” rating in a research report on Friday, September 22nd. KeyCorp restated a “hold” rating on shares of LTC Properties in a research note on Sunday, September 17th. Finally, Stifel Nicolaus set a $46.00 price target on LTC Properties and gave the stock a “hold” rating in a report on Sunday, August 13th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $50.50.
About LTC Properties
LTC Properties Inc is a healthcare real estate investment trust (REIT). The Company invests in senior housing and healthcare properties through sale-leaseback transactions, mortgage financing and structured finance solutions, including mezzanine lending. It invests in various properties, including Skilled nursing facilities (SNF), Assisted living facilities (ALF), Independent living facilities (ILF), Memory care facilities (MC) and Range of care facilities (ROC).
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