Risk factor
Negligible price volatility
Profitability factor
Excellent dividends
About
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 Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. In particular, the stock is reasonably priced on P/E, 'cheap' on EV
Target Price
The average target price of LTC is 41 and suggests 12% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation sug