LTC Properties Company Profile (NYSE:LTC)

About LTC Properties

LTC Properties logoLTC Properties Inc. is a healthcare real estate investment trust. The Company invests in senior housing and long-term care properties through acquisitions, development, mortgage loans and other investments. Its primary senior housing and long term healthcare property types include skilled nursing properties (SNF), assisted living properties (ALF), independent living properties (ILF), memory care properties (MC) and combinations thereof. SNFs provide restorative, rehabilitative and nursing care for people at acute care hospitals. ALFs serve elderly persons requiring assistance with activities of daily living. ILFs, also known as retirement communities, offer various levels of service, such as laundry, housekeeping, dining options/meal plans, exercise and wellness programs, transportation, social, cultural and recreational activities, on site security and emergency response programs. MCs offer specialized options for seniors with Alzheimer's disease and other forms of dementia.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Healthcare Facilities
  • Sub-Industry: Specialized REITs
  • Exchange: NYSE
  • Symbol: LTC
  • CUSIP: 50217510
Key Metrics:
  • Previous Close: $50.93
  • 50 Day Moving Average: $51.08
  • 200 Day Moving Average: $50.11
  • 52-Week Range: $40.02 - $54.20
  • Trailing P/E Ratio: 24.13
  • Foreward P/E Ratio: 15.87
  • P/E Growth: 4.18
  • Market Cap: $2.00B
  • Outstanding Shares: 39,221,000
  • Beta: 0.36
  • Net Margins: 52.62%
  • Return on Equity: 11.83%
  • Return on Assets: 6.12%
  • Debt-to-Equity Ratio: 0.83%
  • Current Ratio: 7.21%
  • Quick Ratio: 7.21%
Additional Links:
Companies Related to LTC Properties:

Analyst Ratings

Consensus Ratings for LTC Properties (NYSE:LTC) (?)
Ratings Breakdown: 1 Sell Rating, 3 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.29)
Consensus Price Target: $51.75 (1.61% upside)

Analysts' Ratings History for LTC Properties (NYSE:LTC)
DateFirmActionRatingPrice TargetDetails
9/9/2016Cantor FitzgeraldReiterated RatingBuyView Rating Details
8/15/2016Canaccord GenuityBoost Price TargetBuy$54.00 -> $58.00View Rating Details
7/18/2016MizuhoDowngradeBuy -> Neutral$53.00View Rating Details
6/29/2016Hilliard LyonsDowngradeNeutral -> UnderperformView Rating Details
6/17/2016Royal Bank Of CanadaDowngradeOutperform -> Sector Perform$50.00View Rating Details
2/23/2016BMO Capital MarketsLower Price TargetMarket Perform$46.00View Rating Details
12/8/2015Mitsubishi UFJ Financial Group Inc.Reiterated RatingOverweightView Rating Details
4/20/2015MLV & Co.Set Price TargetBuy$42.00 -> $47.00View Rating Details
(Data available from 10/26/2014 forward)


Earnings History for LTC Properties (NYSE:LTC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/1/2016Q216$0.77$0.77$33.66 million$40.00 millionViewN/AView Earnings Details
5/2/2016Q116$0.75$0.76$31.06 million$38.60 millionViewN/AView Earnings Details
2/22/2016Q415$0.73$0.74$29.98 millionViewListenView Earnings Details
11/2/2015Q315$0.70$0.72$27.71 million$34.90 millionViewN/AView Earnings Details
8/5/2015Q215$0.67$0.67$26.98 millionViewN/AView Earnings Details
4/30/2015Q115$0.64$0.65$26.35 million$31.50 millionViewN/AView Earnings Details
2/26/2015Q414$0.65$0.64$25.70 million$30.80 millionViewN/AView Earnings Details
11/3/2014$0.64$0.64ViewN/AView Earnings Details
5/8/2014$0.64$0.63ViewN/AView Earnings Details
2/20/2014Q413$0.61$0.63$26.68 million$28.59 millionViewN/AView Earnings Details
8/8/20132Q13$0.57$0.57ViewN/AView Earnings Details
2/21/2013Q412$0.57$0.57$23.73 million$24.51 millionViewN/AView Earnings Details
11/8/2012Q312$0.57$0.57$23.22 million$23.79 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for LTC Properties (NYSE:LTC)
Current Year EPS Consensus Estimate: $3.06 EPS
Next Year EPS Consensus Estimate: $3.21 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.75$0.75$0.75
Q2 20161$0.78$0.78$0.78
Q3 20161$0.76$0.76$0.76
Q4 20161$0.78$0.78$0.78
(Data provided by Zacks Investment Research)


Current Dividend Information for LTC Properties (NYSE:LTC)
Annual Dividend:$2.28
Dividend Yield:4.48%
Dividend Growth:5.00% (3 Year Average)
Payout Ratio:108.06% (Based on Trailing 12 Months of Earnings)
74.51% (Based on Current Year Consensus EPS Estimate)
71.03% (Based on Next Year Consensus EPS Estimate)
Track Record:4 Years of Consecutive Dividend Growth

Dividend History for LTC Properties (NYSE:LTC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/3/2016oct 16$0.194.53%10/19/201610/21/201610/31/2016
7/1/2016jul 16$0.184.11%7/19/20167/21/20167/29/2016
4/1/2016apr 16$0.184.69%4/19/20164/21/20164/29/2016
1/4/2016jan 15$0.184.85%1/19/20161/21/20161/29/2016
10/1/2015oct 15$0.184.9%10/20/201510/22/201510/30/2015
7/1/2015jul 15$0.174.84%7/21/20157/23/20157/31/2015
4/1/2015apr 15$0.174.43%4/20/20154/22/20154/30/2015
1/2/2015jan 15$0.174.58%1/20/20151/22/20151/30/2015
10/1/2014oct 14$0.175.5%10/21/201410/23/201410/31/2014
7/1/2014jul 14$0.175.24%7/21/20147/23/20147/31/2014
4/1/2014apr 14$0.175.41%4/17/20144/22/20144/30/2014
1/2/2014jan 14$0.171/21/20141/23/20141/31/2014
10/1/2013oct 13$0.1710/23/201310/31/2013
7/1/2013jul 13$0.167/23/20137/31/2013
4/1/2013apr 13$0.164/22/20134/30/2013
1/2/2013jan 13$0.161/23/20131/31/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for LTC Properties (NYSE:LTC)
Insider Ownership Percentage: 1.70%
Institutional Ownership Percentage: 83.39%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/30/2016Timothy TricheDirectorSell2,000$52.13$104,260.00View SEC Filing  
6/22/2016Clint B MalinEVPSell2,000$49.52$99,040.00View SEC Filing  
3/21/2016Timothy TricheDirectorSell1,800$44.32$79,776.00View SEC Filing  
2/29/2016Clint B MalinEVPSell4,648$44.52$206,928.96View SEC Filing  
12/24/2015Brent P ChappellSVPSell1,000$42.07$42,070.00View SEC Filing  
12/22/2015Pamela Shelley-KesslerCFOSell10,952$41.76$457,355.52View SEC Filing  
12/1/2014Pamela Shelley-KesslerCFOSell10,000$42.02$420,200.00View SEC Filing  
11/24/2014Caroline WongVPSell6,000$41.19$247,140.00View SEC Filing  
11/20/2014Timothy TricheDirectorSell5,000$40.90$204,500.00View SEC Filing  
11/18/2014Clint B MalinEVPSell20,000$41.40$828,000.00View SEC Filing  
11/18/2014Edmund KingDirectorSell1,000$41.45$41,450.00View SEC Filing  
3/26/2014Edmund KingDirectorSell18,000$37.08$667,440.00View SEC Filing  
3/4/2014Clint MalinEVPSell10,000$39.00$390,000.00View SEC Filing  
11/11/2013Wendy SimpsonCEOSell19,798$38.51$762,420.98View SEC Filing  
3/25/2013Thomas Andrew StokesSVPSell3,258$39.56$128,886.48View SEC Filing  
3/11/2013Thomas Andrew StokesSVPSell2,748$39.33$108,078.84View SEC Filing  
12/24/2012Clint B MalinEVPSell3,000$35.00$105,000.00View SEC Filing  
8/22/2012Thomas Andrew StokesSVPSell7,900$32.91$259,989.00View SEC Filing  
8/21/2012Thomas Andrew StokesSVPSell17,000$33.28$565,760.00View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for LTC Properties (NYSE:LTC)
News IconLTC Properties, Inc. (NYSE:LTC) Updated Broker Price Targets - The De Soto Edge (NYSE:LTC) - October 24 at 11:23 AM
News IconPrice Target Review on LTC Properties, Inc. (NYSE:LTC) - Recall News (NYSE:LTC) - October 21 at 6:01 PM
News IconBroker Roundup For LTC Properties, Inc. (NYSE:LTC) - The De Soto Edge (NYSE:LTC) - October 21 at 9:23 AM logoWhy I Bought LTC In A Roth IRA - Seeking Alpha (NYSE:LTC) - October 21 at 9:23 AM
News IconFlash in the Pan or Long Term Growth Play: LTC Properties Inc ... - CSZ News (NYSE:LTC) - October 20 at 6:18 PM logoLTC PROPERTIES INC : ex-dividend day (NYSE:LTC) - October 19 at 10:55 AM
News IconLTC Properties Inc. (LTC) To Go Ex-Dividend on October 19th ... - DailyQuint (NYSE:LTC) - October 18 at 5:53 PM
News IconStock Focus: LTC Properties, Inc. (NYSE:LTC) Price Target Update - Recall News (NYSE:LTC) - October 14 at 5:51 PM
News IconStock Tracker: Earnings & Estimates for LTC Properties, Inc. (NYSE:LTC) - CSZ News (NYSE:LTC) - October 14 at 5:51 PM
News IconBargain-Counter Stock or Pricey? Update on LTC Properties Inc. (NYSE:LTC) - CSZ News (NYSE:LTC) - October 14 at 9:16 AM
News IconOwnership Action Alert: LTC Properties Inc (NYSE:LTC): Institutional Investor Sentiment Up to 1.94 - Post News (NYSE:LTC) - October 13 at 6:03 PM
News IconRecently Changed Price Targets On LTC Properties, Inc. (NYSE:LTC) - NewsDen (NYSE:LTC) - October 13 at 9:34 AM
News IconIn it for the Long Haul: Update on LTC Properties Inc. (NYSE:LTC) - CSZ News (NYSE:LTC) - October 13 at 9:34 AM logoLTC Announces Date of Third Quarter 2016 Earnings Release, Conference Call, and Webcast (NYSE:LTC) - October 13 at 9:34 AM
News IconSenior Housing Investments & Transactions: AdCare Completes $55 Million Portfolio Sale (NYSE:LTC) - October 12 at 5:58 PM
News IconLatest Analyst Ratings For LTC Properties, Inc. (NYSE:LTC) - The De Soto Edge (NYSE:LTC) - October 9 at 5:29 PM logoLTC Properties, Inc. (NYSE:LTC) Rating Moves To 2.56 - Investor Newswire (NYSE:LTC) - October 4 at 4:03 PM logoLTC Properties, Inc. : LTC-US: Dividend Analysis : September 22nd, 2016 (record date) : By the numbers : October 3, 2016 (NYSE:LTC) - October 3 at 5:40 PM logoBRIEF-LTC announces 5.56% increase in and declares monthly common stock cash dividend for Q4 2016 (NYSE:LTC) - October 3 at 10:36 AM logoLTC Announces a 5.56% Increase In and Declares Its Monthly Common Stock Cash Dividend for the Fourth Quarter of 2016 (NYSE:LTC) - October 3 at 10:36 AM
News IconUpgrades And Downgrades For LTC Properties, Inc. (NYSE:LTC) - NewsDen (NYSE:LTC) - September 29 at 11:03 AM logoMy Top Choices For Monthly Dividend Paying Stocks (NYSE:LTC) - September 28 at 10:55 AM logoLTC Properties, Inc. breached its 50 day moving average in a Bullish Manner : LTC-US : September 23, 2016 (NYSE:LTC) - September 23 at 10:43 AM logoLTC Senior Management to Participate in the MUFG Property REIT Conference - Business Wire (press release) (NYSE:LTC) - September 20 at 11:07 AM logoLTC Properties, Inc. (LTC) Ex-Dividend Date Scheduled for September 20, 2016 - Nasdaq (NYSE:LTC) - September 20 at 11:07 AM logoLTC Senior Management to Participate in the MUFG Property REIT Conference (NYSE:LTC) - September 20 at 11:07 AM logoEx-Dividend Reminder: Federal Realty Investment Trust, LTC Properties and Total System Services - Forbes (NYSE:LTC) - September 17 at 5:40 PM logoEx-Dividend Reminder: Federal Realty Investment Trust, LTC Properties and Total System Services (NYSE:LTC) - September 16 at 10:43 AM logoLTC Properties : Senior Management to Participate in the BMO Capital Markets 11th Annual Real Estate Conference (NYSE:LTC) - September 13 at 10:51 AM logoLTC Senior Management to Participate in the BMO Capital Markets 11th Annual Real Estate Conference (NYSE:LTC) - September 13 at 10:51 AM logoLTC Properties, Inc. breached its 50 day moving average in a Bearish Manner : LTC-US : September 12, 2016 (NYSE:LTC) - September 12 at 10:40 AM logoLTC Dividend Yield Pushes Above 4% (NYSE:LTC) - September 9 at 5:45 PM logoLTC Dividend Yield Pushes Above 4% - Nasdaq (NYSE:LTC) - September 8 at 5:50 PM logoInsiders Are Selling – LTC Properties, Inc. Common Sto (NYSE:LTC) - Finance Daily (NYSE:LTC) - September 1 at 5:53 PM
News IconShares Slipping Lower Over the Past Month: LTC Properties Inc. (NYSE:LTC) - Post News (NYSE:LTC) - September 1 at 9:04 AM logoETF’s with exposure to LTC Properties, Inc. : August 31, 2016 (NYSE:LTC) - September 1 at 9:04 AM logoLTC Properties, Inc. breached its 50 day moving average in a Bullish Manner : LTC-US : August 30, 2016 (NYSE:LTC) - August 30 at 9:18 AM
News IconA look at Estimates for LTC Properties, Inc. (NYSE:LTC) - Post News (NYSE:LTC) - August 22 at 6:02 PM
News IconCrowd Sentiment & Wall Street Views on LTC Properties, Inc. (NYSE:LTC)? - Post News (NYSE:LTC) - August 22 at 6:02 PM logoETF’s with exposure to LTC Properties, Inc. : August 18, 2016 (NYSE:LTC) - August 19 at 9:00 AM logoEx-Dividend Reminder: Parkway Properties, LTC Properties and Cousins Properties - Nasdaq (NYSE:LTC) - August 18 at 6:03 PM logoEx-Dividend Reminder: Parkway Properties, LTC Properties and Cousins Properties (NYSE:LTC) - August 17 at 6:14 PM logoLTC Properties, Inc. breached its 50 day moving average in a Bearish Manner : LTC-US : August 17, 2016 (NYSE:LTC) - August 17 at 9:05 AM
News Icon7 Good Stocks Paying Dividends Every Month (NYSE:LTC) - August 17 at 9:05 AM logoMizuho Securities Downgrades Rating On LTC Properties, Inc. Common Sto (LTC) (NYSE:LTC) - August 15 at 6:14 PM logoUnlocking The Value Of This Monthly Dividend Gem - LTC ... - Seeking Alpha (NYSE:LTC) - August 15 at 8:11 AM logoLTC PROPERTIES INC Financials (NYSE:LTC) - August 6 at 6:10 PM logoLTC Properties, Inc. :LTC-US: Earnings Analysis: Q2, 2016 By the Numbers : August 4, 2016 (NYSE:LTC) - August 4 at 6:21 PM logoLTC Properties (LTC) Enters $200M Equity Distribution Agreements (NYSE:LTC) - August 3 at 6:21 PM logoEdited Transcript of LTC earnings conference call or presentation 2-Aug-16 3:00pm GMT (NYSE:LTC) - August 3 at 9:20 AM


LTC Properties (NYSE:LTC) Chart for Wednesday, October, 26, 2016

Last Updated on 10/26/2016 by Staff