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LTC

LTC - LTC Properties Inc Stock Price, Fair Value and News

33.64USD-0.29 (-0.85%)Market Closed

Market Summary

LTC
USD33.64-0.29
Market Closed
-0.85%

LTC Stock Price

View Fullscreen

LTC RSI Chart

LTC Valuation

Market Cap

1.5B

Price/Earnings (Trailing)

18.05

Price/Sales (Trailing)

7.35

Price/Free Cashflow

13.63

LTC Price/Sales (Trailing)

LTC Profitability

Return on Equity

9.14%

Return on Assets

4.46%

Free Cashflow Yield

7.34%

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

-0.9%

Last 30 days

-2.6%

Last 90 days

4.5%

Trailing 12 Months

-1.8%

How does LTC drawdown profile look like?

LTC Financial Health

Debt/Equity

0.97

Debt/Cashflow

0.12

LTC Investor Care

Dividend Yield

6.78%

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
YearQ1Q2Q3Q4
2024199.1M000
2023183.9M189.1M194.9M197.2M
2022155.8M160.7M166.8M175.2M
2021153.2M162.9M162.2M155.3M
2020186.3M168.5M159.5M159.3M
2019172.3M177.1M182.4M185.3M
2018167.3M166.3M166.8M168.6M
2017165.6M168.1M168.5M168.1M
2016143.3M150.9M156.8M161.6M
2015121.0M124.2M129.6M136.2M
2014109.1M113.1M116.8M119.0M
201395.5M98.1M100.5M105.0M
201287.2M88.7M90.7M92.5M
201176.4M79.6M82.7M85.2M
201070.0M71.2M72.5M73.7M
200900068.8M

Tracking the Latest Insider Buys and Sells of LTC Properties Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 22, 2024
cheng cornelia
acquired
109,993
34.6
3,179
-
May 22, 2024
triche timothy
acquired
97,404
30.64
3,179
-
May 22, 2024
hendrickson boyd w
acquired
109,993
34.6
3,179
-
May 22, 2024
preber bradley j
acquired
109,993
34.6
3,179
-
May 22, 2024
gruber david l
acquired
109,993
34.6
3,179
-
Apr 02, 2024
triche timothy
sold
-97,606
31.67
-3,082
-
Feb 13, 2024
shelley-kessler pamela
acquired
749,998
30.72
24,414
co-president, cfo & secretary
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
chikhale caroline
acquired
340,009
30.72
11,068
evp, cao & treasurer

1–10 of 50

Which funds bought or sold LTC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 11, 2024
EverSource Wealth Advisors, LLC
reduced
-40.16
-7,818
12,578
-%
Jun 04, 2024
DekaBank Deutsche Girozentrale
added
5.79
131,000
2,311,000
-%
May 28, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
5,000
412,000
-%
May 24, 2024
Cetera Investment Advisers
new
-
532,654
532,654
-%
May 20, 2024
Adams Wealth Management
reduced
-1.37
-1,234
695,252
0.17%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-5.21
-56,969
1,345,070
-%
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
HANCOCK WHITNEY CORP
added
2.4
10,050
286,249
0.01%
May 15, 2024
Kestra Advisory Services, LLC
new
-
327,652
327,652
-%

1–10 of 48

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 FiledName of FilerPercent of ClassNo. of SharesForm 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
May 28, 2024
8-K
Current Report
May 24, 2024
4
Insider Trading
May 24, 2024
4
Insider Trading
May 24, 2024
4
Insider Trading
May 24, 2024
4
Insider Trading
May 24, 2024
4
Insider Trading
May 24, 2024
3
Insider Trading
Apr 29, 2024
8-K
Current Report
Apr 29, 2024
10-Q
Quarterly Report
Apr 23, 2024
S-8 POS
Employee Benefits Plan

Peers (Alternatives to LTC Properties Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
92.0B
11.2B
2.62% 1.43%
46.62
8.21
3.63% 50.79%
43.1B
6.8B
-4.27% -15.22%
30.88
6.29
-2.39% -16.60%
28.7B
2.8B
1.65% 5.88%
30.03
10.22
5.72% -6.46%
20.3B
3.0B
-7.08% -4.00%
103.61
6.89
10.44% -73.79%
13.0B
1.6B
-3.30% 0.40%
30.74
8
8.93% 11.87%
11.4B
1.4B
2.03% 1.55%
30.28
8.34
10.48% -2.04%
MID-CAP
9.7B
3.3B
-4.67% 11.64%
50.37
2.93
4.82% -75.15%
8.4B
1.2B
-1.76% 6.61%
35.21
7.3
5.48% -38.69%
3.7B
913.7M
5.41% 117.24%
-7.21
4.04
1.13% -307.54%
3.1B
878.0M
-9.17% 29.08%
-9.13
3.56
2.35% -290.39%
SMALL-CAP
1.3B
444.1M
-4.29% 9.45%
19.2
2.97
3.54% 8.91%
1.2B
198.2M
-2.65% -3.58%
-7.36
6.02
-43.33% -308.08%
1.1B
650.2M
-1.18% -6.71%
36.2
1.7
27.93% 140.31%
551.9M
285.4M
-3.51% -39.38%
-4.33
1.93
11.05% 83.70%
441.9M
277.2M
-3.10% -20.54%
-53.89
1.59
25.89% 94.64%

LTC Properties Inc News

Latest updates
MarketBeat08 Jun 202409:25 pm
Seeking Alpha30 Apr 202407:00 am
Yahoo Finance19 Apr 202407:00 am
Yahoo Finance3 months ago

LTC Properties Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue2.3%51.0050.0049.0048.0050.0048.0044.0043.0041.0039.0037.0038.0040.0046.0038.0028.0046.0046.0047.0046.0045.00
Costs and Expenses-21.6%30.0039.0032.0042.0032.0030.0030.0027.0027.0027.0029.0026.0026.0029.0026.0026.0027.0026.0027.0026.0026.00
  S&GA Expenses9.2%6.006.006.006.006.006.006.006.006.006.005.005.005.005.005.005.005.005.005.005.005.00
Interest Expenses-11.1%11.0012.0013.0011.0011.009.008.008.007.007.007.007.007.007.007.008.008.008.008.008.007.00
Net Income-13.5%24.0028.0022.007.0033.0018.0013.0054.0015.0013.0011.0018.0014.0018.0012.002.0064.0013.0027.0021.0020.00
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%21.0025.0032.0028.0018.0033.0024.0030.0019.0022.0021.00----------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-2.0%1,8181,8551,8681,8581,7991,6561,6521,5781,5361,5051,4531,4161,4551,4591,4771,5101,5251,5141,5121,4991,496
    Cash Equivalents-55.6%9.0020.0011.007.006.0010.006.006.004.005.0045.006.008.008.0023.0050.0031.004.006.005.009.00
Liabilities-4.2%9009391,007999934806827768793760700654691684698723719729718712708
  Long Term Debt-3.5%860891-------------------
Shareholder's Equity0.6%886881825860865850825810743745753762765776779787806785794788788
  Additional Paid-In Capital0.5%997992938935933931900893858857855853851853851849848867866864862
Shares Outstanding0.6%43.0043.0041.0041.0041.0041.0040.0039.0039.0039.0039.0039.00---------
Minority Interest-6.8%33.0035.0035.0035.0026.0022.0022.008.008.008.008.008.008.008.008.008.008.001.008.008.008.00
Float----1,339---1,516---1,480---1,450---1,783-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-17.7%20,95025,47132,39828,49518,03932,81424,32829,87618,56821,60320,93727,38521,25930,47229,98231,79323,85432,37728,42034,88526,787
  Share Based Compensation3.3%2,2022,1322,1232,1382,0882,0132,0142,0121,9251,9751,9751,9581,8521,7811,6921,7621,7771,6281,6261,6231,689
Cashflow From Investing9.7%21,20919,342-6,853-55,171-132,230-9,442-64,691-10,343-35,473-97,543-1,99433,842-4,091-8,051-9,86610,18851,660-21,876-13,037-15,659-28,416
Cashflow From Financing-49.1%-53,435-35,829-21,26928,164109,350-19,47140,440-17,52516,13735,64220,802-63,714-16,739-37,460-47,675-22,499-48,870-12,325-14,630-22,7345,688
  Dividend Payments2.6%24,61623,99723,60523,59923,56323,30723,08722,63522,48022,44322,44322,43923,16922,36822,36822,35923,16722,65822,65822,65222,931
  Buy Backs-----------------18,012----
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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 receivables3,8303,751
Interest income from mortgage loans12,44811,244
Interest and other income1,5392,770
Total revenues51,36649,500
Expenses:  
Interest expense11,04510,609
Depreciation and amortization9,0959,210
Impairment loss 434
Provision for credit losses241,731
Transaction costs266117
Property tax expense3,3833,293
General and administrative expenses6,4916,294
Total expenses30,30431,688
Other operating income:  
Gain on sale of real estate, net3,25115,373
Operating income24,31333,185
Income from unconsolidated joint ventures376376
Net income24,68933,561
Income allocated to non-controlling interests(459)(427)
Net income attributable to LTC Properties, Inc.24,23033,134
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)42,89141,082
Diluted (in shares)43,03241,189
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 improvements1,219,6221,235,600
Accumulated depreciation and amortization(383,782)(387,751)
Operating real estate property, net955,977969,574
Properties held-for-sale, net of accumulated depreciation: 2024-$2,773; 2023-$3,61638918,391
Real property investments, net956,366987,965
Financing receivables, net of credit loss reserve: 2024-$1,980; 2023-$1,980196,010196,032
Mortgage loans receivable, net of credit loss reserve: 2024-$4,845; 2023-$4,814480,250477,266
Real estate investments, net1,632,6261,661,263
Notes receivable, net of credit loss reserve: 2024-$605; 2023-$61159,94660,490
Investments in unconsolidated joint ventures19,34019,340
Investments, net1,711,9121,741,093
Other assets:  
Cash and cash equivalents9,01020,286
Debt issue costs related to revolving line of credit1,7861,557
Interest receivable55,84253,960
Straight-line rent receivable19,07519,626
Lease incentives3,5782,607
Prepaid expenses and other assets17,19215,969
Total assets1,818,3951,855,098
LIABILITIES  
Revolving line of credit277,050302,250
Term loans, net of debt issue costs: 2024-$305; 2023-$34299,69599,658
Senior unsecured notes, net of debt issue costs: 2024-$1,194; 2023-$1,251483,466489,409
Accrued interest4,8613,865
Accrued expenses and other liabilities34,48143,649
Total liabilities899,553938,831
Stockholders' equity:  
Common stock: $0.01 par value; 60,000 shares authorized; shares issued and outstanding: 2024-43,271; 2023-43,022433430
Capital in excess of par value996,631991,656
Cumulative net income1,658,6251,634,395
Accumulated other comprehensive income6,4886,110
Cumulative distributions(1,775,928)(1,751,312)
Total LTC Properties, Inc. stockholders' equity886,249881,279
Non-controlling interests32,59334,988
Total equity918,842916,267
Total liabilities and equity$ 1,818,395$ 1,855,098
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'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
 WEBSITELTCreit.com
 INDUSTRYREIT Mortgage
 EMPLOYEES24

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 Jun 14 2024, market cap of LTC Properties Inc is 1.46 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 Jun 14 2024, LTC's PE ratio (Price to Earnings) is 18.05 and Price to Sales (PS) ratio is 7.35. 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 0.032 (multiply by 100 for percentage) rate of return.