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LTC Properties, Inc. (NYSE: LTC) closed the day trading at $35.49 down -6.09% from the previous closing price of $37.79. In other words, the price has decreased by -$6.09 from its previous closing price. On the day, 0.56 million shares were traded. LTC stock price reached its highest trading level at $37.09 during the session, while it also had its lowest trading level at $35.374.
Ratios:
For a better understanding of LTC, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 250.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.66. In the meantime, Its Debt-to-Equity ratio is 0.97 whereas as Long-Term Debt/Eq ratio is at 0.97.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Deutsche Bank on January 30, 2024, initiated with a Hold rating and assigned the stock a target price of $34.
On October 03, 2023, Wedbush started tracking the stock assigning a Outperform rating and target price of $36.
On September 28, 2023, Berenberg started tracking the stock assigning a Buy rating and target price of $36.Berenberg initiated its Buy rating on September 28, 2023, with a $36 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 02 ’24 when TRICHE TIMOTHY sold 3,082 shares for $31.67 per share. The transaction valued at 97,607 led to the insider holds 36,343 shares of the business.
Hendrickson Boyd W sold 7,500 shares of LTC for $245,100 on Dec 22 ’23. The Director now owns 21,816 shares after completing the transaction at $32.68 per share. On Nov 14 ’23, another insider, SHELLEY-KESSLER PAMELA, who serves as the CO-PRESIDENT, CFO & SECRETARY of the company, sold 15,500 shares for $32.54 each. As a result, the insider received 504,370 and left with 145,706 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LTC now has a Market Capitalization of 1543506304 and an Enterprise Value of 2591973888. As of this moment, LTC’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.10, and their Forward P/E ratio for the next fiscal year is 18.80. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.64 while its Price-to-Book (P/B) ratio in mrq is 1.74. Its current Enterprise Value per Revenue stands at 13.254 whereas that against EBITDA is 17.175.
Stock Price History:
Over the past 52 weeks, LTC has reached a high of $38.28, while it has fallen to a 52-week low of $30.30. The 50-Day Moving Average of the stock is 1.81%, while the 200-Day Moving Average is calculated to be 7.92%.
Shares Statistics:
Over the past 3-months, LTC traded about 264.71K shares per day on average, while over the past 10 days, LTC traded about 315100 shares per day. A total of 43.02M shares are outstanding, with a floating share count of 42.54M. Insiders hold about 2.15% of the company’s shares, while institutions hold 73.04% stake in the company. Shares short for LTC as of 1721001600 were 1473622 with a Short Ratio of 5.57, compared to 1718323200 on 1375310. Therefore, it implies a Short% of Shares Outstanding of 1473622 and a Short% of Float of 5.1999997.
Dividends & Splits
LTC’s forward annual dividend rate is 2.28, up from 2.28 a year ago. Against a Trailing Annual Dividend Yield of 0.06033342The stock’s 5-year Average Dividend Yield is 6.22.
