LTC Stock Price, LTC Properties Inc Quote, Chart

Market Summary

USD34.77+0.13

Delayed

0.38%

LTC Stock Price

View Fullscreen

LTC RSI Chart

LTC Valuation

Market Cap

1.5B

Price/Earnings (Trailing)

18.65

Price/Sales (Trailing)

7.59

Price/Free Cashflow

14.09

LTC Price/Sales (Trailing)

LTC Profitability

Return on Equity

9.14%

Return on Assets

4.46%

Free Cashflow Yield

7.1%

LTC Fundamentals

LTC Revenue

Revenue (TTM)

199.1M

Rev. Growth (Yr)

3.77%

Rev. Growth (Qtr)

2.33%

LTC Earnings

Earnings (TTM)

81.0M

Earnings Growth (Yr)

-26.87%

Earnings Growth (Qtr)

-13.51%

Breaking Down LTC Revenue

Last 7 days

2.1%

Last 30 days

10.1%

Last 90 days

10.4%

Trailing 12 Months

7.2%

How does LTC drawdown profile look like?

LTC Financial Health

Debt/Equity

0.97

Debt/Cashflow

0.12

LTC Investor Care

Dividend Yield

6.56%

Dividend/Share (TTM)

2.28

Shares Dilution (1Y)

5.02%

Diluted EPS (TTM)

1.92

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	199.1M	0	0	0
2023	183.9M	189.1M	194.9M	197.2M
2022	155.8M	160.7M	166.8M	175.2M
2021	153.2M	162.9M	162.2M	155.3M
2020	186.3M	168.5M	159.5M	159.3M
2019	172.3M	177.1M	182.4M	185.3M
2018	167.3M	166.3M	166.8M	168.6M
2017	165.6M	168.1M	168.5M	168.1M
2016	143.3M	150.9M	156.8M	161.6M
2015	121.0M	124.2M	129.6M	136.2M
2014	109.1M	113.1M	116.8M	119.0M
2013	95.5M	98.1M	100.5M	105.0M
2012	87.2M	88.7M	90.7M	92.5M
2011	76.4M	79.6M	82.7M	85.2M
2010	70.0M	71.2M	72.5M	73.7M
2009	0	0	0	68.8M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of LTC Properties Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 02, 2024	triche timothy	sold	-97,606	31.67	-3,082	-
Feb 13, 2024	malin clint b	acquired	749,998	30.72	24,414	co-president & cio
Feb 13, 2024	simpson wendy	acquired	1,474,990	30.72	48,014	chairman & ceo
Feb 13, 2024	shelley-kessler pamela	acquired	749,998	30.72	24,414	co-president, cfo & secretary
Feb 13, 2024	chikhale caroline	acquired	340,009	30.72	11,068	evp, cao & treasurer
Feb 12, 2024	malin clint b	sold (taxes)	-82,389	31.22	-2,639	co-president & cio
Feb 12, 2024	shelley-kessler pamela	sold (taxes)	-71,868	31.22	-2,302	co-president, cfo & secretary
Feb 12, 2024	simpson wendy	sold (taxes)	-166,590	31.22	-5,336	chairman & ceo
Feb 12, 2024	chikhale caroline	sold (taxes)	-40,991	31.22	-1,313	evp, cao & treasurer
Feb 09, 2024	shelley-kessler pamela	sold (taxes)	-88,932	31.03	-2,866	co-president, cfo & secretary

Which funds bought or sold LTC recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	HANCOCK WHITNEY CORP	added	2.4	10,050	286,249	0.01%
May 16, 2024	Creekmur Asset Management LLC	reduced	-99.26	-8,663	77.00	-%
May 16, 2024	JANE STREET GROUP, LLC	reduced	-52.73	-438,051	401,791	-%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-5.21	-56,969	1,345,070	-%
May 15, 2024	PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO	reduced	-26.4	-52,000	153,000	-%
May 15, 2024	AMUNDI	reduced	-2.87	-44,439	1,035,940	-%
May 15, 2024	MARSHALL WACE, LLP	added	4.53	513,645	9,364,440	0.01%
May 15, 2024	DEERFIELD MANAGEMENT COMPANY, L.P. (SERIES C)	new	-	221,653	221,653	-%
May 15, 2024	Benchmark Investment Advisors LLC	unchanged	-	3,499	291,615	0.23%
May 15, 2024	Schonfeld Strategic Advisors LLC	new	-	308,194	308,194	-%

Are Funds Buying or Selling LTC?

Are funds buying LTC calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own LTC

No. of Funds

Unveiling LTC Properties Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	15.95%	6,603,427	SC 13G/A
Jan 29, 2024	state street corp	7.92%	3,280,448	SC 13G/A
Jan 19, 2024	blackrock inc.	18.4%	7,635,904	SC 13G/A
Feb 09, 2023	vanguard group inc	16.26%	6,585,185	SC 13G/A
Feb 08, 2023	state street corp	9.16%	3,708,577	SC 13G/A
Jan 26, 2023	blackrock inc.	18.4%	7,455,406	SC 13G/A
Jan 20, 2023	blackrock inc.	18.4%	7,455,406	SC 13G/A
Feb 11, 2022	state street corp	7.06%	2,778,835	SC 13G/A
Feb 10, 2022	vanguard group inc	16.14%	6,355,398	SC 13G/A
Jan 27, 2022	blackrock inc.	18.8%	7,397,161	SC 13G/A

Recent SEC filings of LTC Properties Inc

View All Filings

Date Filed	Form Type	Document
Apr 29, 2024	10-Q	Quarterly Report
Apr 29, 2024	8-K	Current Report
Apr 23, 2024	S-8 POS	Employee Benefits Plan
Apr 16, 2024	ARS	ARS
Apr 16, 2024	DEF 14A	DEF 14A
Apr 05, 2024	4	Insider Trading
Apr 02, 2024	144	Notice of Insider Sale Intent
Feb 15, 2024	4	Insider Trading
Feb 15, 2024	10-K	Annual Report
Feb 15, 2024	4	Insider Trading

Peers (Alternatives to LTC Properties Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMT	90.9B	11.2B	13.13%	1.87%	46.04	8.11	3.63%	50.79%
CCI	44.7B	6.8B	10.57%	-9.74%	32.06	6.53	-2.39%	-16.60%
AVB	28.3B	2.8B	9.91%	13.04%	29.6	10.08	5.72%	-6.47%
ARE	21.7B	3.0B	6.63%	6.21%	110.61	7.35	10.44%	-73.79%
AMH	13.5B	-	6.12%	9.11%	31.9	8.3	8.93%	11.87%
REG	11.3B	1.4B	6.30%	4.57%	30.12	8.22	10.48%	-2.93%
BXP	9.9B	3.3B	9.08%	28.09%	51.64	3	4.82%	-75.15%
MID-CAP
FRT	8.5B	1.2B	5.40%	14.57%	35.59	7.38	5.48%	-38.69%
SLG	3.4B	892.3M	6.62%	140.10%	-6.71	3.85	-5.33%	-307.54%
MAC	3.4B	878.0M	1.11%	67.10%	-9.8	3.82	2.35%	-290.60%
SMALL-CAP
AAT	1.4B	444.1M	12.17%	21.82%	20.36	3.15	3.54%	8.91%
AIV	1.2B	198.2M	6.70%	-0.84%	-7.55	6.02	-43.33%	-308.08%
MFA	1.1B	650.2M	7.51%	2.13%	36.77	1.73	27.93%	140.31%
NYMT	572.0M	285.4M	-8.06%	-36.92%	-4.15	2	11.05%	83.70%
IVR	459.4M	277.2M	15.74%	-12.95%	-56.03	1.66	25.89%	94.64%

LTC Properties Inc News

Latest updates

LTC Properties Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	2.3%	51.00	50.00	49.00	48.00	50.00	48.00	44.00	43.00	41.00	39.00	37.00	38.00	40.00	46.00	38.00	28.00	46.00	46.00	47.00	46.00	45.00
Costs and Expenses	-21.6%	30.00	39.00	32.00	42.00	32.00	30.00	30.00	27.00	27.00	27.00	29.00	26.00	26.00	29.00	26.00	26.00	27.00	26.00	27.00	26.00	26.00
S&GA Expenses	9.2%	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00
Interest Expenses	-11.1%	11.00	12.00	13.00	11.00	11.00	9.00	8.00	8.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	8.00	8.00	8.00	8.00	8.00	7.00
Net Income	-13.5%	24.00	28.00	22.00	7.00	33.00	18.00	13.00	54.00	15.00	13.00	11.00	18.00	14.00	18.00	12.00	2.00	64.00	13.00	27.00	21.00	20.00
Net Income Margin	-10.7%	0.41*	0.46*	0.41*	0.38*	0.65*	0.57*	0.57*	0.58*	0.36*	0.36*	0.38*	-	-	-	-	-	-	-	-	-	-
Free Cashflow	-17.7%	21.00	25.00	32.00	28.00	18.00	33.00	24.00	30.00	19.00	22.00	21.00	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-2.0%	1,818	1,855	1,868	1,858	1,799	1,656	1,652	1,578	1,536	1,505	1,453	1,416	1,455	1,459	1,477	1,510	1,525	1,514	1,512	1,499	1,496
Cash Equivalents	-55.6%	9.00	20.00	11.00	7.00	6.00	10.00	6.00	6.00	4.00	5.00	45.00	6.00	8.00	8.00	23.00	50.00	31.00	4.00	6.00	5.00	9.00
Liabilities	-4.2%	900	939	1,007	999	934	806	827	768	793	760	700	654	691	684	698	723	719	729	718	712	708
Long Term Debt	-3.5%	860	891	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shareholder's Equity	0.6%	886	881	825	860	865	850	825	810	743	745	753	762	765	776	779	787	806	785	794	788	788
Additional Paid-In Capital	0.5%	997	992	938	935	933	931	900	893	858	857	855	853	851	853	851	849	848	867	866	864	862
Shares Outstanding	0.6%	43.00	43.00	41.00	41.00	41.00	41.00	40.00	39.00	39.00	39.00	39.00	39.00	-	-	-	-	-	-	-	-	-
Minority Interest	-6.8%	33.00	35.00	35.00	35.00	26.00	22.00	22.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	1.00	8.00	8.00	8.00
Float	-	-	-	-	1,339	-	-	-	1,516	-	-	-	1,480	-	-	-	1,450	-	-	-	1,783	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-17.7%	20,950	25,471	32,398	28,495	18,039	32,814	24,328	29,876	18,568	21,603	20,937	27,385	21,259	30,472	29,982	31,793	23,854	32,377	28,420	34,885	26,787
Share Based Compensation	3.3%	2,202	2,132	2,123	2,138	2,088	2,013	2,014	2,012	1,925	1,975	1,975	1,958	1,852	1,781	1,692	1,762	1,777	1,628	1,626	1,623	1,689
Cashflow From Investing	9.7%	21,209	19,342	-6,853	-55,171	-132,230	-9,442	-64,691	-10,343	-35,473	-97,543	-1,994	33,842	-4,091	-8,051	-9,866	10,188	51,660	-21,876	-13,037	-15,659	-28,416
Cashflow From Financing	-49.1%	-53,435	-35,829	-21,269	28,164	109,350	-19,471	40,440	-17,525	16,137	35,642	20,802	-63,714	-16,739	-37,460	-47,675	-22,499	-48,870	-12,325	-14,630	-22,734	5,688
Dividend Payments	2.6%	24,616	23,997	23,605	23,599	23,563	23,307	23,087	22,635	22,480	22,443	22,443	22,439	23,169	22,368	22,368	22,359	23,167	22,658	22,658	22,652	22,931
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18,012	-	-	-	-

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

LTC Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues:
Rental income	$ 33,549	$ 31,735
Interest income from financing receivables	3,830	3,751
Interest income from mortgage loans	12,448	11,244
Interest and other income	1,539	2,770
Total revenues	51,366	49,500
Expenses:
Interest expense	11,045	10,609
Depreciation and amortization	9,095	9,210
Impairment loss		434
Provision for credit losses	24	1,731
Transaction costs	266	117
Property tax expense	3,383	3,293
General and administrative expenses	6,491	6,294
Total expenses	30,304	31,688
Other operating income:
Gain on sale of real estate, net	3,251	15,373
Operating income	24,313	33,185
Income from unconsolidated joint ventures	376	376
Net income	24,689	33,561
Income allocated to non-controlling interests	(459)	(427)
Net income attributable to LTC Properties, Inc.	24,230	33,134
Income allocated to participating securities	(165)	(205)
Net income available to common stockholders	$ 24,065	$ 32,929
Earnings per common share:
Basic (in dollars per share)	$ 0.56	$ 0.80
Diluted (in dollars per share)	$ 0.56	$ 0.80
Weighted average shares used to calculate earnings per common share:
Basic (in shares)	42,891	41,082
Diluted (in shares)	43,032	41,189
Dividends declared and paid per common share (in dollars per share)	$ 0.57	$ 0.57

LTC Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Investments:
Land	$ 120,137	$ 121,725
Buildings and improvements	1,219,622	1,235,600
Accumulated depreciation and amortization	(383,782)	(387,751)
Operating real estate property, net	955,977	969,574
Properties held-for-sale, net of accumulated depreciation: 2024-$2,773; 2023-$3,616	389	18,391
Real property investments, net	956,366	987,965
Financing receivables, net of credit loss reserve: 2024-$1,980; 2023-$1,980	196,010	196,032
Mortgage loans receivable, net of credit loss reserve: 2024-$4,845; 2023-$4,814	480,250	477,266
Real estate investments, net	1,632,626	1,661,263
Notes receivable, net of credit loss reserve: 2024-$605; 2023-$611	59,946	60,490
Investments in unconsolidated joint ventures	19,340	19,340
Investments, net	1,711,912	1,741,093
Other assets:
Cash and cash equivalents	9,010	20,286
Debt issue costs related to revolving line of credit	1,786	1,557
Interest receivable	55,842	53,960
Straight-line rent receivable	19,075	19,626
Lease incentives	3,578	2,607
Prepaid expenses and other assets	17,192	15,969
Total assets	1,818,395	1,855,098
LIABILITIES
Revolving line of credit	277,050	302,250
Term loans, net of debt issue costs: 2024-$305; 2023-$342	99,695	99,658
Senior unsecured notes, net of debt issue costs: 2024-$1,194; 2023-$1,251	483,466	489,409
Accrued interest	4,861	3,865
Accrued expenses and other liabilities	34,481	43,649
Total liabilities	899,553	938,831
Stockholders' equity:
Common stock: $0.01 par value; 60,000 shares authorized; shares issued and outstanding: 2024-43,271; 2023-43,022	433	430
Capital in excess of par value	996,631	991,656
Cumulative net income	1,658,625	1,634,395
Accumulated other comprehensive income	6,488	6,110
Cumulative distributions	(1,775,928)	(1,751,312)
Total LTC Properties, Inc. stockholders' equity	886,249	881,279
Non-controlling interests	32,593	34,988
Total equity	918,842	916,267
Total liabilities and equity	$ 1,818,395	$ 1,855,098

About LTC Properties Inc

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'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% seniors housing and 50% skilled nursing properties.

CEO	Ms. Wendy L. Simpson
WEBSITE	LTCreit.com
INDUSTRY	REIT Mortgage
EMPLOYEES	24

LTC Properties Inc Frequently Asked Questions

What is the ticker symbol for LTC Properties Inc? What does LTC stand for in stocks?

LTC is the stock ticker symbol of LTC Properties Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of LTC Properties Inc (LTC)?

As of Fri May 17 2024, market cap of LTC Properties Inc is 1.51 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of LTC stock?

You can check LTC's fair value in chart for subscribers.

What is the fair value of LTC stock?

You can check LTC's fair value in chart for subscribers. The fair value of LTC Properties Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of LTC Properties Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for LTC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is LTC Properties Inc a good stock to buy?

The fair value guage provides a quick view whether LTC is over valued or under valued. Whether LTC Properties Inc is cheap or expensive depends on the assumptions which impact LTC Properties Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for LTC.

What is LTC Properties Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, LTC's PE ratio (Price to Earnings) is 18.65 and Price to Sales (PS) ratio is 7.59. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. LTC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on LTC Properties Inc's stock?

In the past 10 years, LTC Properties Inc has provided 0.034 (multiply by 100 for percentage) rate of return.