Home Dividends High Dividend Yield Stock Under Review: LTC Properties (NYSE: LTC)

Stock Under Review: LTC Properties (NYSE: LTC)

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LTC Properties is in the real estate sector and REITs industry. The company CEO is Wendy L. Simpson. LTC Properties Inc is a self-administered health care real estate investment trust. It invests in senior housing and health care properties through acquisitions, development, mortgage loans and other investments.

Previous Intraday Trading Performance:

The LTC stock showed a previous change of 0.59% with an open at 45.61 and a close of 45.71. It reached an intraday high of 45.86 and a low of 45.39.

SeekingAlpha:  Dividend Update – May 2019

Liquidity:

The stock has a market cap of $1.8b with 39.7m shares outstanding, of which the float is 38.7m shares. Trading volume reached 126,711 shares compared to its average volume of 178,650 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, LTC Properties shares returned 2.10% and in the past 30 trading days it returned 1.80%. Over three months, it changed 3.88%. In one year it has changed 15.60% and within that year its 52-week high was 48.13 and its 52-week low was 40.11. LTC stock is 13.96% above its 52 Week Low.

Our calculations show a 200 day moving average of 43.85 and a 50 day moving average of 45.01. Currently LTC stock is trading 4.24% above its 200 day moving average and may be a good opportunity to buy.

SeekingAlpha:  The Retirees’ Dividend Portfolio – John And Jane’s May Taxable Account Update: Monthly Income Record

Earnings:

The last annual fiscal EPS for the company was reported at 3.89 that ended on 31st of December 2018, which according to the previous close, that is a PE of 11.75. Based on 4 analyst estimates, the consensus EPS for the next quarter is 0.74. The TTM EPS is 3.02, which comes to a TTM PE of 15.14. Historically, the PE high was 27.90 and the PE low was 11.75. If the stock reached its PE low, that would represent a price of 35.48, which is a decrease of -22.39%.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 05/09/2019): 0.51
4thQtr of 2018 (Reported on 02/28/2019): 0.77
3rdQtr of 2018 (Reported on 11/05/2018): 0.88
2ndQtr of 2018 (Reported on 08/08/2018): 1.73
1stQtr of 2018 (Reported on 05/09/2018): 0.51

The dividend per share is currently 2.28, which is a dividend yield of 4.99%.

Base on our calculations, the intrinsic value per share is 62.45, which means it is possibly undervalued and has a margin of safety of 26.81%.

Indicators to Watch:

Short-interest was 760,742, which was 1.91% of shares outstanding. The short-interest ratio or days-to-cover ratio was 4.21. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 0.45.

SeekingAlpha:  The Retirees’ Dividend Portfolio – John And Jane’s May Taxable Account Update: Monthly Income Record

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 20.13%, return on assets is 10.37%, profit margin is 95.36%, price-to-sales is 11.10 and price-to-book is 2.32.

Company Scores:

All scores are out of six:
 3  :Valuation Score
 4  :Past Performance Score
 2  :Financial Strength Score
 0  :Future Growth Score
 6  :Dividend Score
 3  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.