LTC Properties, Inc. | REIT Profile
Symbol: LTC
CIK: 887905
Exchange: NYSE
Founded: 1992 (29 years)
HQ: Westlake Village, CA, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Small-Cap
REIT Sector: Health Care, Diversified
See LTC on Google Finance
See LTC on Yahoo Finance
See LTC on SEC.gov
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See score breakdown | See trend
REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. Learn More
Stock Chart
See in Advanced Graph ViewHightlights of Trading Day January 25, 2021
Dividend of Trading Day January 25, 2021
Latest News Headlines
- 29 Oct 2020 16:18:12 -0400 - LTC Properties, Inc. Press Release: LTC Reports 2020 Third Quarter Results and Discusses Recent Activities
- 1 Oct 2020 09:33:21 -0400 - LTC Properties, Inc. Press Release: LTC Declares Its Monthly Common Stock Cash Dividend for the Fourth Quarter Of 2020
- 30 Jul 2020 16:34:42 -0400 - LTC Properties, Inc. Press Release: LTC Reports 2020 Second Quarter Results
- 1 Jul 2020 09:33:16 -0400 - LTC Properties, Inc. Press Release: LTC Declares Its Monthly Common Stock Cash Dividend for the Third Quarter of 2020
- 26 May 2020 16:31:20 -0400 - LTC Properties, Inc. Press Release: LTC Promotes Pam Kessler and Clint Malin to Co-Presidents
Funds From Operations (FFO)
Key Stats of Trading Day January 25, 2021
Latest REIT Community Comments on #LTC
- #LTC declared a monthly cash dividend of $0.19 per common share per month for the months of July, August and September 2020, payable on July 31, August 31 and September 30, 2020, respectively, to stockholders of record on July 23, August 21 and September 22, 2020, respectively. This is in-line with previous dividend values that #LTC has paid for a while. The dividend yield is at 6% - BlueBlue - 2020-07-01 07:39:45 - See full comment
- #LTC had FFO per diluted common share was $0.74 and $0.75 for the quarters ended March 31, 2020 and 2019. Net income available to common stockholders was $63.4 million, or $1.60 per diluted share, for the 2020 first quarter, compared with $20.3 million, or $0.51 per diluted share, for the same period in 2019. - Kev B - 2020-05-05 23:21:36 - See full comment
- #LTC declared a monthly cash dividend of $0.19 per common share per month for the months of April, May and June 2020, payable on April 30, May 29 and June 30, 2020, respectively, to stockholders of record on April 22, May 21 and June 22, 2020, respectively. Nineteen cents is consistent with previous payments. - Davestew - 2020-04-02 19:14:02 - See full comment
Properties Owned by LTC
Properties Based on REIT's Official Presentation
| Properties | Types | States | Countries |
|---|---|---|---|
| 203 | 3 | 28 | 1 |
Please visit REIT’s official webpage for the most up-to-date property list.
Sample of REIT’s Properties. Image Source - REIT’s website
REIT Simulation
Dividend History
Financial Statements Overview
Balance Sheet | Quarterly
See Annual Balance Sheet | See Quarterly Balance Sheet
Income Statement | Quarterly
See Annual Income Statement | See Quarterly Income Statement
Cash Flow | Quarterly
See Annual Cash Flow | See Quarterly Cash Flow
About LTC Properties, Inc.
LTC (NYSE: LTC) is a real estate investment trust that invests in seniors housing and health care properties primarily through sale-leaseback transactions, mortgage financing and structured finance solutions including mezzanine lending. The company’s portfolio currently includes more than 200 assisted living communities, memory care communities and post-acute/skilled nursing centers, located in 30 states with more than 30 regional and national operating partners.
REITRating™ Scorecard
| Rating | Dividend Section | Avg. Rating |
|---|---|---|
| 0 | Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. | 4.1 |
| 10 | Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. | 6.0 |
| 10 | Dividend to AFFO Payout Ratio Health: Analysis of the REIT’s Dividend to AFFO Payout Ratios during the last four quarters. | 8.9 |
| 9 | Dividend to AFFO Payout Ratio Trend: Analysis of the REIT’s Dividend to AFFO Payout Ratios trend during the last two years. | 7.5 |
| Rating | AFFO & Efficiency Section | Avg. Rating |
| 9 | AFFO Trend: Analysis of the REIT’s AFFO trend during the last two years. | 7.9 |
| 9 | AFFO to Revenue Health: Analysis of the REIT's Adjusted Funds From Operation to its Revenues. | 6.8 |
| 9 | Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues. | 8.0 |
| 6 | Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. | 8.7 |
| Rating | Leverage Section | Avg. Rating |
| 7 | Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. | 5.0 |
| 8 | Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. | 6.7 |
| Rating | Asset & Revenue Section | Avg. Rating |
| 4 | Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. | 5.0 |
| 6 | Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. | 6.9 |
| Rating | Properties Section | Avg. Rating |
| 8 | Portfolio of Properties: Analysis of the REIT's property's strength, size, and geographic distribution. | 8.2 |
| 6 | Tenants: Analysis of the REIT's tenant diversification, operation type, and exposure to risk. | 8.0 |
| Rating | Market Cap Section | Avg. Rating |
| 5 | Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. | 4.7 |
| 7.0 | Overall REITRating™ Score (See trend) | 6.0 |
REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.
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|---|---|---|---|---|---|
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Last updated: 2021-01-26