LTC Properties (LTC) Stock Price

Statistics

The LTC Properties stock price is currently $ 43.28 with a total market cap valuation of $ 2.43B (56.19M shares outstanding). The LTC Properties is trading on NYSE under the ticker sign LTC. LTC Properties price is up -1.12% in the past 24 hours. The LTC Properties stock price prediction is currently bullish. The LTC Properties trailing twelve month dividend rate is $ 2.28 per share with dividend yield of 5.27%.

Description

LTC operates as a Real Estate Investment Trust (REIT), channeling its capital into properties within the senior living and healthcare sectors. Its investment methods are varied, primarily involving sale-leaseback transactions, mortgage financing, joint ventures, and sophisticated structured finance arrangements including preferred equity stakes and mezzanine debt. The trust's extensive portfolio encompasses 181 investments, spanning 27 U.S. states, and it collaborates with 29 distinct operating partners. This portfolio maintains an approximate equilibrium, with roughly 50% allocated to senior housing facilities and the remaining 50% to skilled nursing properties.

Company Profile

• Full Name: LTC Properties
• Sector: Real Estate
• Website: https://www.LTCreit.com