LTC Properties Stock (NYSE:LTC)
Previous Close
$36.88
52W Range
$33.64 - $40.80
50D Avg
$38.01
200D Avg
$36.81
Market Cap
$1.85B
Avg Vol (3M)
$421.10K
Beta
0.57
Div Yield
$2.28 (6.32%)
LTC Company Profile
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.