LTC Properties Inc (LTC) is a healthcare facility real estate investment trust. The company operates one segment that works to invest in healthcare facilities through mortgage loans, property lease transactions, and other investments.

LTC generates all of its revenue in the United States. LTC is an active capital provider in the senior housing and healthcare real estate industry. The company has been actively engaged with its operating partners to create a growing pipeline of projects.

LTC's investment portfolio includes 213 properties in 29 states with 29 operating partners. Based on its gross real estate investments, LTC's investment portfolio is comprised of approximately 50% senior housing and 50% skilled nursing properties.

The company is headquartered in Westlake Village, CA.

Three key data points gauge LTC Properties Inc. or any dividend-paying firm.

The key three are:

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether any company has made, is making, and will make money.

LTC Price

Over the past year, LTC’s share price dropped about 16% from $37.45 to $31.52 as of Monday’s market close.

If LTC stock trades in the range of $30.00 to $40.00 this next year, its recent $31.52 share price might rise to $34.00 by next year. Of course, LTC’s price could drop about the same $3.48 estimated amount or more.

My upside estimate of $3.48, however, is based on the median of 1-year target price estimates from 6 analysts tracking LTC for brokers.

LTC Dividend

LTC Properties Inc. has paid variable Monthly dividends since May 6, 2004.  LTC’s most recent M dividend, paid September 29th to shareholders of record September 20th, was $0.19. That annual return of $2.28 casts a forward yield of 7.23% per Monday’s closing price.

LTC Returns

Add the $2.28 anticipated annual dividend to LTC’s estimated $2.48 possible price upside, reveals a $4.76 potential gross gain per share for the coming year.

At Monday’s $31.52 closing price, a little over $1000 would buy 32 shares.

A $10 broker fee (if charged), paid half at purchase and half at sale, might cost us about $0.31 per share.

Subtracting that likely $0.31 brokerage cost from my estimated $4.76 gross gain per share makes a net gain of $4.45 X 32 shares = $142.40 or about a 14.1% net gain.

This could be time to pounce on LTC shares. But beware, LTC is a Healthcare real estate investment trust with Monthly dividends for almost twenty years. However, the estimated $72.30 dividend from $1000 invested comes in at 2.3 times more than the recent $31.52 single share price. The choice is yours.

Remember the true value of any stock is best realized by your personal ownership of shares.

More By This Author:

Current Analysis: Eisai (ESAIY)
Current Analysis: Transcosmos
Current Analysis: Rexel SA