Is LTC Properties, Inc. (NYSE:LTC) Potentially Underrated?

As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I look at stocks holistically, from their financial health to their future outlook. In the case of LTC Properties, Inc. (NYSE:LTC), it is a dependable dividend-paying company with a a great history of delivering benchmark-beating performance. Below, I’ve touched on some key aspects you should know on a high level. For those interested in understanding where the figures come from and want to see the analysis, read the full report on LTC Properties here.

6 star dividend payer with solid track record

LTC delivered a bottom-line expansion of 77% in the prior year, with its most recent earnings level surpassing its average level over the last five years. Not only did LTC outperformed its past performance, its growth also surpassed the REITs industry expansion, which generated a 23% earnings growth. This is what investors like to see!

NYSE:LTC Income Statement, April 5th 2019
NYSE:LTC Income Statement, April 5th 2019

Income investors would also be happy to know that LTC is one of the highest dividend payers in the market, with current dividend yield standing at 5.0%. LTC has also been regularly increasing its dividend payments to shareholders over the past decade.

NYSE:LTC Historical Dividend Yield, April 5th 2019
NYSE:LTC Historical Dividend Yield, April 5th 2019

Next Steps:

For LTC Properties, I’ve compiled three essential aspects you should look at:

  1. Future Outlook: What are well-informed industry analysts predicting for LTC’s future growth? Take a look at our free research report of analyst consensus for LTC’s outlook.
  2. Financial Health: Are LTC’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of LTC? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.