BMO Capital analyst Juan C. Sanabria maintained a Sell rating on LTC Properties (NYSE:LTC) on Thursday, setting a price target of $41, which is approximately 5.49% below the present share price of $43.38.
C. Sanabria expects LTC Properties to post earnings per share (EPS) of $0.45 for the first quarter of 2021.
The current consensus among 3 TipRanks analysts is for a Moderate Sell rating of shares in LTC Properties, with an average price target of $39.
The analysts price targets range from a high of $41 to a low of $38.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $46.27 million and a net profit of $20.75 million. The company's market cap is $1.7 billion.
According to TipRanks.com, BMO Capital analyst Juan C. Sanabria is currently ranked with 1 stars on a 0-5 stars ranking scale, with an average return of 0.2% and a 54.17% success rate.
LTC Properties, Inc. is a real estate investment trust, which engages in managing seniors housing and health care properties. Its property portfolio includes skilled nursing facilities, assisted living facilities, independent living facilities, and memory care facilities. The company was founded by Andre C. Dimitriadis on May 12, 1992 and is headquartered in Westlake Village, CA.