LTC Properties Company Profile (NYSE:LTC)

About LTC Properties

LTC Properties logoLTC Properties Inc. is a health care real estate investment trust (REIT). The Company primarily invests in senior housing and long term care properties through acquisitions, development, mortgage loans and other investments. The Company's 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. As of December 31, 2014, the Company's portfolio includes 198 properties, including 97 skilled nursing properties, 92 assisted living properties, eight range of care properties, and others, including a school and five parcels of land held for use. The Company's subsidiaries include Albuquerque Real Estate Investments, Inc., Bakersfield LTC, Inc., Beaumont Real Estate Investments, LP, Broadway Real Estate Investments, Inc., BV Holding LTC, Inc. and Coronado Corporation, among others.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Healthcare Facilities
  • Sub-Industry: Specialized REITs
  • Exchange: NYSE
  • Symbol: LTC
  • CUSIP: 50217510
Key Metrics:
  • Previous Close: $52.28
  • 50 Day Moving Average: $52.48
  • 200 Day Moving Average: $48.08
  • Trailing P/E Ratio: 24.77
  • Foreward P/E Ratio: 16.29
  • P/E Growth: 4.30
  • Market Cap: $2.05B
  • Outstanding Shares: 39,221,000
  • Beta: 0.4
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 (1.01% downside)

Analysts' Ratings History for LTC Properties (NYSE:LTC)
DateFirmActionRatingPrice TargetDetails
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
6/23/2016Cantor FitzgeraldInitiated CoverageBuyView 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 8/30/2014 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:$2.16
Dividend Yield:4.13%
Payout Ratio:102.37% (Based on Trailing 12 Months of Earnings)
70.59% (Based on Current Year Consensus EPS Estimate)
67.29% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:5.00% (3 Year Average)

Dividend History for LTC Properties (NYSE:LTC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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 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 logoLTC Properties (LTC) Enters $200M Equity Distribution Agreements - (NYSE:LTC) - August 2 at 10:52 AM logoBRIEF-LTC Q2 adjusted FFO per share $0.77 (NYSE:LTC) - August 1 at 5:52 PM
News IconLTC Reports 2016 Second Quarter Results (NYSE:LTC) - August 1 at 5:52 PM logoLTC reports 2Q results (NYSE:LTC) - August 1 at 5:52 PM logoQ2 2016 LTC Properties Inc Earnings Release - Time Not Supplied (NYSE:LTC) - August 1 at 7:07 AM logoMizuho Securities Downgrades LTC Properties Inc to Neutral - Trade Calls (NYSE:LTC) - July 27 at 8:57 AM logo'Mad Money' Lightning Round: Too Early to Bless Skechers USA (NYSE:LTC) - July 27 at 6:00 AM
News IconAnalyst Ratings Outlook on Swift Transportation Co (NYSE:SWFT) (NYSE:LTC) - July 26 at 6:18 PM logoLTC PROPERTIES INC Files SEC form 8-K, Creation of a Direct Financial Obligation or an Obligation under an Off-Balanc (NYSE:LTC) - July 21 at 5:02 PM logoLTC Properties : Announces Date of Second Quarter 2016 Earnings Release, Conference Call, and Webcast (NYSE:LTC) - July 21 at 12:11 PM
News IconStock Positive on the Year: LTC Properties Inc. (NYSE:LTC) - TGP (NYSE:LTC) - July 20 at 10:34 PM
News IconHow Many LTC Properties Inc (NYSE:LTC)'s Analysts Are Bearish? - Press Telegraph (NYSE:LTC) - July 20 at 4:10 PM logoLTC Announces Date of Second Quarter 2016 Earnings Release, Conference Call, and Webcast (NYSE:LTC) - July 20 at 9:30 AM
News IconShares Positive Over the Past Month: LTC Properties Inc. (NYSE:LTC) - TGP (NYSE:LTC) - July 20 at 8:57 AM
News IconSolid Performer in Focus: LTC Properties Inc. (NYSE:LTC) - Engelwood Daily (NYSE:LTC) - July 20 at 8:57 AM logoOption Market: LTC Properties Inc Risk Hits A Depressed Level - CML News (NYSE:LTC) - July 20 at 8:57 AM logoLTC PROPERTIES INC : ex-dividend day (NYSE:LTC) - July 19 at 12:07 PM
News IconLTC Properties, Inc. (NYSE:LTC) Earnings Concentration and Analyst Target Watch - Engelwood Daily (NYSE:LTC) - July 18 at 6:10 PM
News IconConsensus Target and Stock Rating Report: LTC Properties, Inc. (NYSE:LTC) - TGP (NYSE:LTC) - July 18 at 6:10 PM
News IconShare Performance Summary for: LTC Properties Inc. (NYSE:LTC) - Press Telegraph (NYSE:LTC) - July 18 at 6:10 PM logoLTC Properties, Inc. (LTC) Ex-Dividend Date Scheduled for July 19, 2016 - Nasdaq (NYSE:LTC) - July 18 at 6:10 PM logoLTC Properties downgraded by Mizuho (NYSE:LTC) - July 18 at 5:44 AM logoLTC Properties Inc Realized Volatility Hits Extremely Low Level - CML News (NYSE:LTC) - July 15 at 5:05 PM
News IconLtc Properties Incorporated (NYSE:LTC) Shorted Shares Increased By 5.73% - Consumer Eagle (NYSE:LTC) - July 15 at 10:22 AM
News IconWhat's in LTC Properties Inc After Reaching 52-Week High? - Consumer Eagle (NYSE:LTC) - July 15 at 10:22 AM logoEx-Dividend Reminder: Compass Diversified Holdings, CVS Health and LTC Properties - Forbes (NYSE:LTC) - July 15 at 10:22 AM logoLTC Properties Inc. (LTC) Hits New 52-week High During July 13 Session - (NYSE:LTC) - July 15 at 10:22 AM logoLTC Properties Inc. (LTC) Hits New 52-week High During July 12 Session - (NYSE:LTC) - July 14 at 9:37 AM logoLTC Properties, Inc. (NYSE:LTC) Current Analyst Ratings - Fiscal Standard (NYSE:LTC) - July 14 at 9:37 AM
News IconAnalyst Target and Average Rating Watch: LTC Properties, Inc. (NYSE:LTC) - Press Telegraph (NYSE:LTC) - July 13 at 6:23 PM
News IconLTC Properties, Inc. (NYSE:LTC) Wall Street Analyst Recommendation Outlook - Telanagana Press (NYSE:LTC) - July 13 at 6:23 PM logoLTC Properties Inc. (LTC) Hits New 52-week High During July 11 Session - (NYSE:LTC) - July 13 at 6:23 PM
News IconLTC Properties Buys Georgia Senior Care Facility (NYSE:LTC) - July 12 at 6:15 PM
News IconShares Positive on the Year: LTC Properties Inc. (NYSE:LTC) - Telanagana Press (NYSE:LTC) - July 12 at 10:26 AM
News IconCan LTC Properties, Inc. (NYSE:LTC) Improve on the Earnings Front? - Engelwood Daily (NYSE:LTC) - July 12 at 10:26 AM
News IconShares Moving Up Over the Past Quarter: LTC Properties Inc. (NYSE:LTC) - Engelwood Daily (NYSE:LTC) - July 12 at 10:26 AM
News IconShare Valuation Recap for: LTC Properties Inc. (NYSE:LTC) - Telanagana Press (NYSE:LTC) - July 11 at 10:42 AM


LTC Properties (NYSE:LTC) Chart for Tuesday, August, 30, 2016

Last Updated on 8/30/2016 by Staff