LTC Properties Increases Authorized Shares for Growth

LTC Properties ( (LTC) ) has issued an announcement.

On May 28, 2025, LTC Properties held its annual stockholders meeting virtually, where several key proposals were voted upon. Stockholders elected six directors to the board, approved executive compensation, ratified Ernst & Young LLP as the accounting firm for 2025, and agreed to amend the company’s charter to increase authorized shares from 60 million to 110 million, reflecting strategic growth plans.

The most recent analyst rating on (LTC) stock is a Hold with a $34.00 price target. To see the full list of analyst forecasts on LTC Properties stock, see the LTC Stock Forecast page.

Spark’s Take on LTC Stock

According to Spark, TipRanks’ AI Analyst, LTC is a Outperform.

LTC Properties benefits from strong financial performance and effective cost management, reflected in its robust cash flows and leverage control. The technical indicators are positive but not overly strong, suggesting a stable outlook. The earnings call provided reassurance of strategic growth initiatives, though certain operational challenges remain. The valuation is attractive, with a substantial dividend yield enhancing investor returns.

To see Spark’s full report on LTC stock, click here.

More about LTC Properties

Average Trading Volume: 342,256

Technical Sentiment Signal: Strong Buy

Current Market Cap: $1.62B

Learn more about LTC stock on TipRanks’ Stock Analysis page.