On 2016-07-04, LTC Properties, Inc. (NYSE:LTC) confirmed the dividend disbursement of $0.18 a share to shareholders as on record 2016-09-22. The firm will release dividend on 2016-09-30 while ex-dividend date is reported to be 2016-09-20.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, LTC Properties, Inc. (NYSE:LTC) paid a total of $0.18 per share in dividends. This figure stood at $0.18 a share in the same period a year ago indicating a deviation of 1.4706%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $55.75 on the stock. This figure is the average of recommendations offered by 4 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $62 and $50, respectively.
Taking the mathematical rating formula, the price for LTC Properties, Inc. (NYSE:LTC) stands at 2.56. Earnings Review LTC Properties, Inc. (NYSE:LTC) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-07. For the period ending on 2016-09-30, experts are expecting EPS of $0.76.
Coming to the quarter ending on 2015-12-31, LTC Properties, Inc. (NYSE:LTC) recorded EPS of $0.77. The reported numbers came lower than the analysts’ estimates of $0.78, demonstrating a miss of $-0.01 as against reported figures.
1 Chart Pattern Every Investor Should Know