LTC Properties, Inc. (LTC)
| Market Cap | 1.32B |
| Revenue (ttm) | 162.86M |
| Net Income (ttm) | 61.37M |
| Shares Out | 39.17M |
| EPS (ttm) | 1.57 |
| PE Ratio | 21.37 |
| Forward PE | n/a |
| Dividend | $2.09 (6.24%) |
| Ex-Dividend Date | Dec 22, 2021 |
| Volume | 241,955 |
| Open | 33.67 |
| Previous Close | 33.63 |
| Day's Range | 33.36 - 33.74 |
| 52-Week Range | 30.16 - 42.96 |
| Beta | 0.96 |
| Analysts | Sell |
| Price Target | 38.17 (+14.0%) |
| Est. Earnings Date | Oct 28, 2021 |
About LTC
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC holds 181 investments in 27 states with 29 operating partners. The portfolio is comprised of approximately 50% seniors housing and 50% skilled nursing properties.
Financial Performance
In 2020, LTC Properties's revenue was $159.34 million, a decrease of -14.01% compared to the previous year's $185.30 million. Earnings were $95.29 million, an increase of 18.34%.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for LTC Properties stock is "Sell." The 12-month stock price forecast is 38.17, which is an increase of 14.01% from the latest price.
News
LTC Closes $46 Million in Investments
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties, Inc. (NYSE: LTC) a real estate investment trust that primarily invests in seniors housing and health care properties, announced today that it h...
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LTC Announces Date of Third Quarter 2021 Earnings Release, Conference Call and Webcast
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties, Inc. (NYSE:LTC) announced today that the Company will release third quarter earnings on Thursday, October 28, 2021 after market close. The Comp...
LTC Declares Its Monthly Common Stock Cash Dividend for the Fourth Quarter of 2021
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties, Inc. (NYSE:LTC) announced today that it had declared a monthly cash dividend on its common stock for the fourth quarter of 2021. The Company de...
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LTC Enters Into Settlement Agreement With Senior Care Centers and Abri Health Services
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties, Inc. (NYSE: LTC), a real estate investment trust that primarily invests in seniors housing and health care properties, announced today the Unit...
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LTC Properties (LTC) Misses Q2 FFO and Revenue Estimates
LTC (LTC) delivered FFO and revenue surprises of -16.18% and -9.78%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
LTC Reports 2021 Second Quarter Results and Discusses Recent Activities
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties, Inc. (NYSE: LTC) ("LTC" or the "Company"), a real estate investment trust that primarily invests in seniors housing and health care properties,...
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LTC Announces Date of Second Quarter 2021 Earnings Release, Conference Call and Webcast
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties, Inc. (NYSE:LTC) announced today that the Company will release second quarter earnings on Thursday, July 29, 2021 after market close. The Compan...
LTC Declares Its Monthly Common Stock Cash Dividend for the Third Quarter of 2021
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties, Inc. (NYSE:LTC) announced today that it had declared a monthly cash dividend on its common stock for the third quarter of 2021. The Company dec...
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LTC Sells Three Assisted Living Communities in Wisconsin
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties, Inc. (NYSE: LTC), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced the sale...
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LTC Senior Management to Participate in the NAREIT REITWeek 2021 Conference
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties Inc. (NYSE: LTC), a real estate investment trust that invests in seniors housing and health care properties, today announced that senior managem...
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BIDU, CRON, FORM, LTC, and SUNW have been added to the Zacks Rank #5 (Strong Sell) List on May 3, 2021
LTC Properties (LTC) Q1 FFO and Revenues Lag Estimates
LTC (LTC) delivered FFO and revenue surprises of -10.14% and -7.22%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
LTC Reports 2021 First Quarter Results and Discusses Recent Activities
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties, Inc. (NYSE: LTC), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced operatin...
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LTC Announces Date of First Quarter 2021 Earnings Release, Conference Call and Webcast
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties, Inc. (NYSE:LTC) announced today that the Company will release first quarter earnings on Thursday, April 29, 2021 after market close. The Compan...