LTC Properties Company Profile (NYSE:LTC)

About LTC Properties (NYSE:LTC)

LTC Properties logoLTC Properties Inc. is a healthcare real estate investment trust (REIT). The Company invests in senior housing and healthcare properties through sale-leaseback transactions, mortgage financing and structured finance solutions, including mezzanine lending. It invests in various properties, including Skilled nursing facilities (SNF), Assisted living facilities (ALF), Independent living facilities (ILF), Memory care facilities (MC) and Range of care facilities (ROC). SNF provides restorative, rehabilitative and nursing care. Many skilled nursing facilities provide ancillary services that include occupational, speech, physical, respiratory and IV therapies, as well as sub-acute care services, which are paid either by the patient, the patient's family, private health insurance, or through the federal Medicare or state Medicaid programs. ALF serves people requiring assistance with activities of daily living, but do not require the constant supervision skilled nursing facilities provide.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Healthcare REITs
  • Sub-Industry: Specialized REITs
  • Symbol: NYSE:LTC
  • CUSIP: 50217510
  • Web:
  • Market Cap: $1.93587 billion
  • Outstanding Shares: 39,564,000
Average Prices:
  • 50 Day Moving Avg: $48.83
  • 200 Day Moving Avg: $48.79
  • 52 Week Range: $43.17 - $53.08
  • Trailing P/E Ratio: 21.24
  • Foreward P/E Ratio: 15.29
  • P/E Growth: 5.60
Sales & Book Value:
  • Annual Revenue: $167.79 million
  • Price / Sales: 11.39
  • Book Value: $19.14 per share
  • Price / Book: 2.52
  • Annual Dividend: $2.28
  • Dividend Yield: 4.7%
  • EBIDTA: $147.45 million
  • Net Margins: 53.36%
  • Return on Equity: 11.99%
  • Return on Assets: 6.41%
  • Debt-to-Equity Ratio: 0.85%
  • Current Ratio: 7.84%
  • Quick Ratio: 7.84%
  • Average Volume: 214,259 shs.
  • Beta: 0.15
  • Short Ratio: 5.8

Frequently Asked Questions for LTC Properties (NYSE:LTC)

What is LTC Properties' stock symbol?

LTC Properties trades on the New York Stock Exchange (NYSE) under the ticker symbol "LTC."

How often does LTC Properties pay dividends? What is the dividend yield for LTC Properties?

LTC Properties declared a monthly dividend on Wednesday, July 5th. Stockholders of record on Wednesday, August 23rd will be paid a dividend of $0.19 per share on Thursday, August 31st. This represents a $2.28 annualized dividend and a dividend yield of 4.72%. The ex-dividend date of this dividend is Monday, August 21st. View LTC Properties' Dividend History.

How were LTC Properties' earnings last quarter?

LTC Properties, Inc. (NYSE:LTC) released its earnings results on Wednesday, August, 9th. The company reported $0.79 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.78 by $0.01. The company earned $42.47 million during the quarter, compared to analysts' expectations of $35.08 million. LTC Properties had a return on equity of 11.99% and a net margin of 53.36%. View LTC Properties' Earnings History.

Where is LTC Properties' stock going? Where will LTC Properties' stock price be in 2017?

9 brokerages have issued twelve-month price objectives for LTC Properties' stock. Their forecasts range from $44.00 to $58.00. On average, they expect LTC Properties' share price to reach $50.60 in the next year. View Analyst Ratings for LTC Properties.

What are analysts saying about LTC Properties stock?

Here are some recent quotes from research analysts about LTC Properties stock:

  • 1. According to Zacks Investment Research, "LTC Properties, Inc., a health care real estate investment trust, invests primarily in long-term care and other health care related facilities through mortgage loans, facility lease transactions and other investments. Their primary objectives are to sustain and enhance stockholder equity value and provide current income for distribution to stockholders through real estate investments in long-term care facilities and other health care related facilities managed by experienced operators providing quality care. " (9/14/2017)
  • 2. Canaccord Genuity analysts commented, "We will look for color on tomorrow’s earnings call regarding the appetite for organic growth stemming from LTC’s operator base, but despite a quiet year-to-date, core metrics continue to highlight LTC’s stability (1.51x SNF coverage, +4bps q/q) and dry powder (24% debt/EV)." (5/9/2017)

Who are some of LTC Properties' key competitors?

Who are LTC Properties' key executives?

LTC Properties' management team includes the folowing people:

  • Wendy L. Simpson, Chairman of the Board, President, Chief Executive Officer
  • Pamela J. Shelley-Kessler, Chief Financial Officer, Executive Vice President, Corporate Secretary
  • Clint B. Malin, Executive Vice President, Chief Investment Officer
  • Boyd W. Hendrickson, Lead Independent Director
  • James J. Pieczynski, Independent Director
  • Devra G. Shapiro CPA, Independent Director
  • Timothy J. Triche M.D., Independent Director

Who owns LTC Properties stock?

LTC Properties' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (16.37%), BlackRock Inc. (15.03%), Franklin Resources Inc. (5.96%), State Street Corp (3.82%), Northern Trust Corp (3.72%) and Uniplan Investment Counsel Inc. (3.35%). Company insiders that own LTC Properties stock include Brent P Chappell, Clint B Malin, Pamela Shelley-Kessler and Timothy Triche. View Institutional Ownership Trends for LTC Properties.

Who sold LTC Properties stock? Who is selling LTC Properties stock?

LTC Properties' stock was sold by a variety of institutional investors in the last quarter, including Royal Bank of Canada, BlackRock Inc., JPMorgan Chase & Co., Goldman Sachs Group Inc., Principal Financial Group Inc., Schroder Investment Management Group, Los Angeles Capital Management & Equity Research Inc. and Nationwide Fund Advisors. View Insider Buying and Selling for LTC Properties.

Who bought LTC Properties stock? Who is buying LTC Properties stock?

LTC Properties' stock was acquired by a variety of institutional investors in the last quarter, including Uniplan Investment Counsel Inc., Koch Industries Inc., Janus Henderson Group PLC, Vanguard Group Inc., Northern Trust Corp, Tributary Capital Management LLC, AXA and State Street Corp. View Insider Buying and Selling for LTC Properties.

How do I buy LTC Properties stock?

Shares of LTC Properties can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is LTC Properties' stock price today?

One share of LTC Properties stock can currently be purchased for approximately $48.32.

MarketBeat Community Rating for LTC Properties (NYSE LTC)
Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  134 (Vote Outperform)
Underperform Votes:  170 (Vote Underperform)
Total Votes:  304
MarketBeat's community ratings are surveys of what our community members think about LTC Properties and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for LTC Properties (NYSE:LTC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 6 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.11)
Consensus Price Target: $50.60 (4.72% upside)

Analysts' Ratings History for LTC Properties (NYSE:LTC)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/17/2017KeyCorpReiterated RatingHoldMediumView Rating Details
8/13/2017Stifel NicolausSet Price TargetHold$46.00HighView Rating Details
8/11/2017BMO Capital MarketsDowngradeMarket Perform -> Underperform$50.00 -> $44.00HighView Rating Details
6/28/2017MizuhoReiterated RatingNeutralLowView Rating Details
6/27/2017Royal Bank Of CanadaReiterated RatingHold$50.00MediumView Rating Details
5/10/2017Hilliard LyonsUpgradeUnderperform -> NeutralLowView Rating Details
5/9/2017Canaccord GenuityReiterated RatingBuy$58.00HighView Rating Details
2/27/2017Cantor FitzgeraldReiterated RatingOverweight$55.00N/AView Rating Details
1/5/2017Mitsubishi UFJ Financial GroupReiterated RatingOverweight -> NeutralN/AView Rating Details
12/8/2015Mitsubishi UFJ Financial Group IncReiterated RatingOverweightN/AView Rating Details
(Data available from 9/19/2015 forward)


Earnings History for LTC Properties (NYSE:LTC)
Earnings by Quarter for LTC Properties (NYSE:LTC)
Earnings History by Quarter for LTC Properties (NYSE LTC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/9/2017Q2 2017$0.78$0.79$35.08 million$42.47 millionViewListenView Earnings Details
5/8/2017Q1 2017$0.78$0.54$34.82 million$42.62 millionViewListenView Earnings Details
2/22/2017Q416$0.54$0.78$33.80 million$42.14 millionViewN/AView Earnings Details
11/2/2016Q316$0.76$0.76$33.64 million$40.80 millionViewN/AView Earnings Details
8/1/2016Q216$0.77$0.77$33.66 million$40.00 millionViewN/AView Earnings Details
2/22/2016Q415$0.73$0.74$28.55 million$37.39 millionViewListenView Earnings Details
2/26/2015Q414$0.65$0.64$25.70 million$30.80 millionViewN/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)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q3 20171$0.75$0.75$0.75
Q4 20171$0.75$0.75$0.75
(Data provided by Zacks Investment Research)


Current Dividend Information for LTC Properties (NYSE:LTC)
Most Recent Dividend:8/31/2017
Annual Dividend:$2.28
Dividend Yield:4.72%
Dividend Growth:4.80% (3 Year Average)
Payout Ratio:100.00% (Trailing 12 Months of Earnings)
74.27% (Based on This Year's Estimates)
72.15% (Based on Next Year's Estimates)
Track Record:5 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for LTC Properties (NYSE:LTC)

Dividend History by Quarter for LTC Properties (NYSE LTC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/3/2017jul 17$0.194.43%7/19/20177/21/20177/31/2017
4/3/2017apr 17$0.194.76%4/18/20174/20/20174/28/2017
1/3/2017jan 17$0.194.8%1/19/20171/23/20171/31/2017
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 and Institutional Ownership History for LTC Properties (NYSE:LTC)
Insider Ownership Percentage: 1.70%
Institutional Ownership Percentage: 81.48%
Insider Trades by Quarter for LTC Properties (NYSE:LTC)
Institutional Ownership by Quarter for LTC Properties (NYSE:LTC)
Insider Trades by Quarter for LTC Properties (NYSE:LTC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/23/2017Timothy TricheDirectorSell4,000$47.02$188,080.00View SEC Filing  
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)


Headline Trends for LTC Properties (NYSE:LTC)
Latest Headlines for LTC Properties (NYSE:LTC)
DateHeadline logoLTC Properties, Inc. (LTC) Raised to Hold at Zacks Investment Research - September 17 at 12:56 PM logoKeyCorp Reiterates "Hold" Rating for LTC Properties, Inc. (LTC) - September 17 at 9:36 AM logoDoes LTC Properties Inc’s (LTC) PE Ratio Signal A Buying Opportunity? - September 16 at 6:11 AM logoFinancial Review: Global Medical REIT (GMRE) versus LTC Properties (LTC) - September 12 at 9:02 AM logoLTC Properties, Inc. (LTC) Receives Consensus Rating of "Hold" from Analysts - September 9 at 4:50 AM logoLTC Properties, Inc. to Post FY2017 Earnings of $3.05 Per Share, Cantor Fitzgerald Forecasts (LTC) - September 7 at 8:46 AM logoLTC Properties, Inc. (LTC) Stock Rating Upgraded by BidaskClub - August 26 at 3:42 PM logoLTC Properties, Inc. : LTC-US: Dividend Analysis : August 23rd, 2017 (record date) : By the numbers : August 25, 2017 - August 26 at 6:56 AM logoLTC Properties, Inc. : LTC-US: Dividend Analysis : August 23rd, 2017 (record date) : By the numbers : August 25, 2017 - August 26 at 6:56 AM logoLTC Properties, Inc. (LTC) Ex-Dividend Date Scheduled... - August 18 at 9:42 PM logoLTC Properties, Inc. (LTC) to Post Q3 2017 Earnings of $0.75 Per Share, KeyCorp Forecasts - August 18 at 6:42 AM logoZacks Investment Research Lowers LTC Properties, Inc. (LTC) to Sell - August 16 at 10:56 PM logoSee what the IHS Markit Score report has to say about LTC Properties Inc. - August 16 at 4:12 PM logoLTC Properties, Inc. (NYSE:LTC) Receives Average Rating of "Hold" from Analysts - August 15 at 2:38 AM logoLTC Properties falls nearly 4% after downgrade - Seeking Alpha - August 13 at 7:00 PM logoLTC Properties, Inc. (LTC) Downgraded to Underperform at BMO Capital Markets - August 13 at 5:16 PM logoLTC Properties Enters Oversold Territory - August 12 at 7:32 PM logoLTC Properties, Inc. (NYSE:LTC) Cut to "Sell" at BidaskClub - August 12 at 11:20 AM logoLTC Properties: Dividend Growth Machine - August 12 at 3:21 AM logoLTC Properties (LTC) Shares Cross Below 200 DMA - August 12 at 3:21 AM logoLTC Properties falls nearly 4% after downgrade - August 11 at 10:38 AM logoInvestor Network: LTC Properties, Inc. to Host Earnings Call - August 11 at 6:12 AM logoEdited Transcript of LTC earnings conference call or presentation 10-Aug-17 3:00pm GMT - August 11 at 6:12 AM logoLTC Properties, Inc. (LTC) Posts Earnings Results - August 11 at 12:40 AM logoLTC Reports 2017 Second Quarter Results - August 10 at 3:37 AM logoLTC reports 2Q results - August 10 at 3:37 AM logoLTC Properties, Inc. breached its 50 day moving average in a Bearish Manner : LTC-US : August 3, 2017 - August 4 at 12:53 AM logoLTC Announces Date Change of Second Quarter 2017 Earnings Release, Conference Call and Webcast - July 28 at 2:45 AM logoLTC Properties, Inc. (LTC) Forecasted to Post FY2017 Earnings of $3.14 Per Share - July 27 at 9:59 AM logoLTC Properties, Inc. (LTC) Expected to Post FY2018 Earnings of $3.28 Per Share - July 26 at 3:52 PM logoLTC Properties, Inc. (NYSE:LTC) Given Consensus Recommendation of "Hold" by Analysts - July 21 at 11:21 AM logoLTC Announces Date of Second Quarter 2017 Earnings Release, Conference Call, and Webcast - July 15 at 6:14 AM logoLTC Properties, Inc. (LTC) Rating Lowered to Hold at BidaskClub - July 8 at 6:00 PM logoLTC Properties, Inc. (NYSE:LTC) to Issue $0.19 Monthly Dividend - July 5 at 6:42 PM logoLTC Properties, Inc. (LTC) Declares $0.19 Monthly Dividend - July 5 at 6:42 PM logoLTC Declares Its Monthly Common Stock Cash Dividend for the Third Quarter of 2017 - July 3 at 8:01 PM logoLTC Properties, Inc. (NYSE:LTC) to Issue Jul 17 Dividend of $0.19 - July 3 at 10:10 AM logoLTC Properties, Inc. (LTC) Rating Increased to Buy at BidaskClub - June 28 at 6:14 PM logoMizuho Reiterates Neutral Rating for LTC Properties, Inc. (LTC) - June 28 at 1:14 PM logoLTC Properties, Inc. (LTC) Earns Hold Rating from Royal Bank Of Canada - June 27 at 7:40 PM logoLTC Properties, Inc. : LTC-US: Dividend Analysis : June 22nd, 2017 (record date) : By the numbers : June 20, 2017 - June 20 at 7:20 PM logoComparing LTC Properties (LTC) & HCP (HCP) - June 16 at 8:48 PM logoETFs with exposure to LTC Properties, Inc. : June 15, 2017 - June 16 at 7:31 AM logoComparing LTC Properties (LTC) and Sabra Healthcare REIT (SBRA) - June 14 at 8:10 AM logoContrasting LTC Properties (LTC) & Medical Properties Trust (MPW) - June 9 at 10:46 AM logoLTC Properties Breaks Below 200-Day Moving Average - Notable for LTC - June 8 at 7:21 PM logoForm 4 LTC PROPERTIES INC For: Jun 01 Filed by: Shapiro Devra G - June 2 at 5:17 AM logoForm 4 LTC PROPERTIES INC For: Jun 01 Filed by: PIECZYNSKI JAMES - - June 2 at 12:15 AM logoLTC Properties Inc (LTC) Given Consensus Rating of "Hold" by Brokerages - May 30 at 11:28 AM logoLTC Senior Management to Participate in the NAREIT REITWeek 2017 Conference - May 30 at 10:11 AM



LTC Properties (LTC) Chart for Tuesday, September, 19, 2017

This page was last updated on 9/19/2017 by Staff