LTC Properties, Inc. (NYSE:LTC) Stock Price & Quote Analysis

LTC Stock Overview

LTC fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	1/6
Past Performance	3/6
Financial Health	2/6
Dividends	6/6

Rewards

Trading at 44.6% below our estimate of its fair value

Revenue is forecast to grow 8.23% per year

Earnings grew by 56.8% over the past year

Pays a high and reliable dividend of 5.95%

Risk Analysis

Earnings are forecast to decline by an average of 13% per year for the next 3 years

Debt is not well covered by operating cash flow

Large one-off items impacting financial results

Significant insider selling over the past 3 months

+ 1 more risk

My Notes

New

Notes are coming soon

LTC Properties, Inc. Competitors

Sila Realty Trust

OTCPK:CVMC.A

US$1.5b

National Health Investors

NYSE:NHI

US$2.6b

Universal Health Realty Income Trust

NYSE:UHT

US$790.3m

Community Healthcare Trust

NYSE:CHCT

US$1.0b

Price History & Performance

Summary of all time highs, changes and price drops for LTC Properties
Historical stock prices
Current Share Price	US$38.31
52 Week High	US$45.49
52 Week Low	US$32.23
Beta	0.95
1 Month Change	6.42%
3 Month Change	-1.49%
1 Year Change	14.43%
3 Year Change	-19.07%
5 Year Change	-0.65%
Change since IPO	283.10%

LTC Properties declares $0.19 dividend

Jan 03

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

Dec 23

Recent updates

Most Shareholders Will Probably Find That The CEO Compensation For LTC Properties, Inc. (NYSE:LTC) Is Reasonable

May 20

LTC Properties: More Tenant Issues Cloud Outlook

May 02

Has LTC Properties, Inc. (NYSE:LTC) Stock's Recent Performance Got Anything to Do With Its Financial Health?

Mar 04

Here's What LTC Properties, Inc.'s (NYSE:LTC) Shareholder Ownership Structure Looks Like

Jan 28

LTC Properties declares $0.19 dividend

Jan 04

A Look At LTC Properties' (NYSE:LTC) Share Price Returns

Dec 24

LTC Properties reduces 2021 rent escalations

Dec 17

LTC Properties (LTC) Presents At NAREIT REITworld 2020 Annual Virtual Conference - Slideshow

Nov 17

LTC Properties (LTC) Investor Presentation - Slideshow

Oct 30

Shareholder Returns

	LTC	US REITs	US Market
7D	0.7%	1.5%	1.7%
1Y	14.4%	-11.9%	-9.6%

Return vs Industry: LTC exceeded the US REITs industry which returned -11.9% over the past year.

Return vs Market: LTC exceeded the US Market which returned -9.6% over the past year.

Price Volatility

Is LTC's price volatile compared to industry and market?
LTC volatility
LTC Average Weekly Movement	3.3%
REITs Industry Average Movement	4.4%
Market Average Movement	6.7%
10% most volatile stocks in US Market	17.5%
10% least volatile stocks in US Market	2.8%

Stable Share Price: LTC is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: LTC's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1992	25	Wendy Simpson	https://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 holds 181 investments in 27 states with 29 operating partners. The 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 Cap	US$1.55b
Earnings (TTM)	US$94.33m
Revenue (TTM)	US$164.57m

16.5x

P/E Ratio

9.4x

P/S Ratio

Is LTC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
LTC income statement (TTM)
Revenue	US$164.57m
Cost of Revenue	US$16.75m
Gross Profit	US$147.82m
Other Expenses	US$53.49m
Earnings	US$94.33m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

Feb 16, 2023

Earnings per share (EPS)	2.33
Gross Margin	89.82%
Net Profit Margin	57.32%
Debt/Equity Ratio	96.2%

How did LTC perform over the long term?

See historical performance and comparison

Dividends

6.0%

Current Dividend Yield

95%

Payout Ratio

Does LTC pay a reliable dividends?

See LTC dividend history and benchmarks

When do you need to buy LTC by to receive an upcoming dividend?
LTC Properties dividend dates
Ex Dividend Date	Feb 16 2023
Dividend Pay Date	Feb 28 2023
Days until Ex dividend	10 days
Days until Dividend pay date	22 days

Does LTC pay a reliable dividends?

See LTC dividend history and benchmarks

LTC Stock Overview

Rewards

Risk Analysis

LTC Properties, Inc. Competitors

OTCPK:CVMC.A

US$1.5b

NYSE:NHI

US$2.6b

NYSE:UHT

US$790.3m

NYSE:CHCT

US$1.0b

Price History & Performance

Recent News & Updates

LTC Properties, Inc. to Report Q4, 2022 Results on Feb 16, 2023

Upcoming dividend of US$0.19 per share

Ltc Properties, Inc. Declares Monthly Cash Dividend for the Months of January, February and March 2023, Payable on January 31, February 28 and March 31, 2023 Respectively

LTC Properties declares $0.19 dividend

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

Upcoming dividend of US$0.19 per share

Recent updates

LTC Properties, Inc. to Report Q4, 2022 Results on Feb 16, 2023

Upcoming dividend of US$0.19 per share

Ltc Properties, Inc. Declares Monthly Cash Dividend for the Months of January, February and March 2023, Payable on January 31, February 28 and March 31, 2023 Respectively

LTC Properties declares $0.19 dividend

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

Upcoming dividend of US$0.19 per share

Executive VP recently sold US$395k worth of stock

LTC Properties Remains Attractive Despite Its Vast Outperformance

Upcoming dividend of US$0.19 per share

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

LTC Properties, Inc. Announces Unaudited Impairment Charges for the Quarter Ended September 30, 2022

Upcoming dividend of US$0.19 per share

LTC Properties, Inc. to Report Q3, 2022 Results on Oct 27, 2022

LTC Properties, Inc. Declares Monthly Cash Dividend on Its Common Stock for the Fourth Quarter of 2022 for the Months of October, November and December 2022, payable on October 31, November 30 and December 30, 2022, Respectively

LTC Properties: Strong Buy Opportunity

Upcoming dividend of US$0.19 per share

PruittHealth Corporation, Inc. and LTC Properties, Inc. (NYSE:LTC) acquired three skilled nursing centers in northern Florida.

Upcoming dividend of US$0.19 per share

Consensus forecasts updated

LTC Properties: Getting Over COVID But Not There Yet

Price target increased to US$40.00

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of US$0.19 per share

LTC Properties, Inc. to Report Q2, 2022 Results on Jul 28, 2022

LTC Properties, Inc. Declares Monthly Cash Dividend on Its Common Stock for the Third Quarter of 2022 for the Months of July, August and September 2022, Payable on July 29, August 31 and September 30, 2022, Respectively

LTC Properties declares $0.19 dividend

Upcoming dividend of US$0.19 per share

LTC Properties: On A Path To Recovery

Upcoming dividend of US$0.19 per share

Consensus EPS estimates increase by 10%

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

LTC Properties, Inc., Annual General Meeting, May 25, 2022

Upcoming dividend of US$0.19 per share

LTC Properties, Inc. to Report Q1, 2022 Results on Apr 29, 2022

LTC Properties, Inc. (NYSE:LTC) acquired Four LuxeRehab Centers in Texas for approximately $52 million.

LTC Properties Declares Its Monthly Common Stock Cash Dividend for the Second Quarter Of 2022

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

Upcoming dividend of US$0.19 per share

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

An unknown buyer agreed to acquire 74-unit assisted living community in Virginia from LTC Properties, Inc. (NYSE:LTC) for $16.9 million.

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Upcoming dividend of US$0.19 per share

LTC Properties, Inc. to Report Q4, 2021 Results on Feb 17, 2022

LTC Properties, Inc. to Report Q4, 2021 Results on Feb 17, 2022

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

Upcoming dividend of US$0.19 per share

Upcoming dividend of US$0.19 per share

LTC Properties, Inc. (NYSE:LTC) agreed to acquire 13-Property Seniors Housing Portfolio Located in North and South Carolina

Upcoming dividend of US$0.19 per share

Third quarter 2021 earnings released: EPS US$0.28 (vs US$0.31 in 3Q 2020)

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

Upcoming dividend of US$0.19 per share

Upcoming dividend of US$0.19 per share

LTC Properties, Inc Enters into Settlement Agreement with Senior Care Centers, LLC and Abri Health Services, LLC

LTC Properties: Dividend Safety Of 6.4% Yielding Monthly Payer

Upcoming dividend of US$0.19 per share

Second quarter 2021 earnings released: EPS US$0.46 (vs US$0.045 in 2Q 2020)

Upcoming dividend of US$0.19 per share

LTC Properties: Nothing Special To See Here