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LTC Properties NYSE:LTC Stock Report

Last Price

US$32.51

Market Cap

US$1.4b

7D

-1.1%

1Y

-6.3%

Updated

28 Mar, 2024

Data

Company Financials +

LTC Stock Overview

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 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends6/6

LTC Properties, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for LTC Properties
Historical stock prices
Current Share PriceUS$32.51
52 Week HighUS$35.72
52 Week LowUS$30.30
Beta0.87
1 Month Change2.59%
3 Month Change1.21%
1 Year Change-6.26%
3 Year Change-24.64%
5 Year Change-28.71%
Change since IPO225.10%

Recent News & Updates

LTC Properties: Undervalued 7% Yield Poised For A Rebound

Feb 23

Recent updates

LTC Properties: Undervalued 7% Yield Poised For A Rebound

Feb 23

LTC Properties: Strong Healthcare Trends Support 7% Yield

Dec 13

LTC Properties: Key Metrics On This 7.2% Monthly Payer

Oct 08

LTC Properties: A +6% Monthly Dividend To Pad Your Cash Flow

Jul 26

LTC Properties FFO of $0.72 beats by $0.02, revenue of $47.84M beats by $2.73M

Feb 16

LTC Properties declares $0.19 dividend

Jan 03

LTC Properties: A 6.2% Monthly Payer You Don't Want To Miss

Dec 23

LTC Properties Remains Attractive Despite Its Vast Outperformance

Dec 09

LTC Properties: Strong Buy Opportunity

Sep 30

LTC Properties: Getting Over COVID But Not There Yet

Aug 04

LTC Properties declares $0.19 dividend

Jul 01

LTC Properties: On A Path To Recovery

May 25

LTC Properties: Buy This 6.3% Yielding REIT For Your Dividend Portfolio

Mar 17

LTC Properties: 6.8% Yield, But The Risks Keep Increasing

Feb 22

Lock In The 6.4% Dividend Yield Of LTC Properties Before It Is Too Late

Jan 25

LTC Properties: Senior Housing Distress Will Likely Force A Dividend Cut

Oct 29

LTC Properties: Dividend Safety Of 6.4% Yielding Monthly Payer

Aug 17

Shareholder Returns

LTCUS Health Care REITsUS Market
7D-1.1%1.2%0.2%
1Y-6.3%9.1%28.1%

Return vs Industry: LTC underperformed the US Health Care REITs industry which returned 9.1% over the past year.

Return vs Market: LTC underperformed the US Market which returned 28.1% over the past year.

Price Volatility

Is LTC's price volatile compared to industry and market?
LTC volatility
LTC Average Weekly Movement2.3%
Health Care REITs Industry Average Movement3.5%
Market Average Movement6.1%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stable Share Price: LTC has not had significant price volatility in the past 3 months.

Volatility Over Time: LTC's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199223Wendy Simpsonhttps://www.LTCreit.com

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 201 properties in 26 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.

LTC Properties, Inc. Fundamentals Summary

How do LTC Properties's earnings and revenue compare to its market cap?
LTC fundamental statistics
Market capUS$1.40b
Earnings (TTM)US$89.15m
Revenue (TTM)US$191.82m

15.7x

P/E Ratio

7.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LTC income statement (TTM)
RevenueUS$191.82m
Cost of RevenueUS$14.41m
Gross ProfitUS$177.41m
Other ExpensesUS$88.26m
EarningsUS$89.15m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)2.07
Gross Margin92.49%
Net Profit Margin46.47%
Debt/Equity Ratio97.3%

How did LTC perform over the long term?

See historical performance and comparison

Dividends

7.0%

Current Dividend Yield

90%

Payout Ratio
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