LTC Properties

LTC Properties, Inc. is a real estate investment trust, which engages in managing seniors housing and health care properties. Its property portfolio includes skilled nursing facilities, assisted living facilities, independent living facilities, and memory care facilities. The company was founded by Andre C. Dimitriadis on May 12, 1992 and is headquartered in Westlake Village, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

LTC Properties reports strong 2022 performance amidst challenges and growth opportunities

LTC Properties had a positive performance in 2022, with revenue growth and strategic investments. Challenges persist with labor and inflation, impacting operations and occupancy. Opportunities exist in funding acquisitions, lease transitions, and potential rate increases.

LTC Properties reports strong Q1 earnings, eyes growth opportunities

LTC Properties delivered a robust performance in Q1 2023, marked by significant investments and revenue growth. The company's strategic asset management and financial discipline underpin its strong operational results and shareholder value creation.
While facing industry challenges and market uncertainties, LTC Properties is poised to leverage opportunities for growth and capitalize on its portfolio strengths. Balancing growth initiatives with risk management will be crucial for sustained success.

LTC Properties reports robust Q2 performance amidst strategic challenges

LTC Properties demonstrated strong investment activity and operational efficiency in Q2 2023, focusing on asset sales and portfolio optimization.
While facing challenges with operator issues and net income decline, the company maintains a solid financial position and strategic outlook for growth.
Opportunities lie in asset sales, partnership enhancements, and operational improvements, positioning LTC for continued success in the senior housing sector.
With a clear focus on financial stability and growth, LTC Properties navigates challenges to capitalize on opportunities and drive shareholder value.

LTC Properties reports robust Q3 performance amidst debt concerns

LTC Properties delivered a strong performance in Q3 2023 with revenue and net income growth.
While facing challenges such as high debt levels and cash flow strain, the company is well-positioned for future growth.
Opportunities lie in upcoming sales proceeds, demographic trends, and strategic investments for LTC Properties.

LTC Properties reports solid 2023 performance, eyes growth opportunities

LTC Properties navigated 2023 with strategic investments, successful portfolio transitions, and a focus on financial stability. While facing challenges in rental revenue and credit losses, the company capitalized on opportunities for growth and balance sheet strengthening.

LTC Properties reports strong Q1 performance and eyes growth opportunities

LTC Properties' Q1 2024 performance reflects a robust financial outlook driven by strategic growth initiatives and favorable industry trends.
Despite challenges in lease negotiations and market dynamics, LTC's proactive approach to portfolio management and financial strategies positions them for long-term success.
Opportunities in investments, funding strategies, and market trends offer avenues for further growth and profitability for LTC Properties in 2024.

LTC Properties reports improved Q2 performance amidst operational challenges

LTC Properties navigated challenges in Q2 2024 through strategic measures, resulting in improved financial performance and strengthened investment positions.
Despite operational hurdles, the company's resilience and commitment to growth shine through, supported by maintaining full year FFO guidance and strategic investments.
Analysts' inquiries and the company's proactive approach to addressing challenges underscore a focus on transparency, growth, and long-term value creation.

LTC Properties reports strong Q3 earnings, eyes RIDEA opportunities

LTC Properties had a strong Q3 2024, with revenue collection and balance sheet improvements.
Challenges include evaluating RIDEA and making strategic investment decisions.
Opportunities lie in potential investments, growth outlook, and access to capital.
Overall, LTC Properties is well-positioned for growth and future opportunities.

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LTC Properties, Inc. is a real estate investment trust, which engages in managing seniors housing and health care properties. It operates through the Texas, Michigan, Florida, Wisconsin, Colorado, and Remaining States geographic segments. The company was founded by Andre C. Dimitriadis on May 12, 1992 and is headquartered in Westlake Village, CA.

LTC Properties, Inc. (NYSE:LTC ) Q1 2024 Earnings Conference Call April 29, 2024 11:00 AM ET Company Participants Wendy Simpson - Chairman and CEO Pam Kessler - Co-President and CFO Clint Malin - Co-President and CIO Conference Call Participants Austin Wurschmidt - KeyBanc Juan Sanabria - BMO Capital Markets Rich Anderson - Wedbush Michael Carroll - RBC Capital Markets Operator Good day. And welcome to the LTC Properties Incorporated First Quarter 2024 Earnings Conference Call.

LTC Properties, Inc. (LTC) Q1 2024 Earnings Call Transcript

LTC Properties (LTC) came out with quarterly funds from operations (FFO) of $0.69 per share, beating the Zacks Consensus Estimate of $0.64 per share. This compares to FFO of $0.66 per share a year ago.

LTC Properties (LTC) Q1 FFO and Revenues Beat Estimates

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties, Inc. (NYSE: LTC) (“LTC” or the “Company”), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced operating results for the first quarter ended March 31, 2024.                   Three Months Ended     March 31,     2024   2023     (unaudited)               Net income available to common stockholders   $ 24,065   $ 32,929 Diluted earnings per common share   $ 0.56   $ 0.80 NAR.

LTC Reports 2024 First Quarter Results and Discusses Recent Activities

LTC Properties is a senior-focused healthcare REIT with a diverse real estate portfolio of senior housing and skilled nursing facilities. The increasing senior population in the US presents attractive supply demand dynamics for LTC Properties and other senior-focused REITs. Despite a temporary increase in the pay-out ratio, LTC Properties is expected to maintain a reliable dividend and has a reasonable FFO multiple.

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WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties Inc. (NYSE: LTC) (“LTC” or the “Company”), will release first quarter earnings on Monday, April 29, 2024 after market close. LTC will conduct a conference call on Tuesday, April 30, 2024 at 8:00 a.m. Pacific / 11:00 a.m. Eastern, to provide commentary on the performance and operating results for the quarter ended March 31, 2024. Conference Call Interested parties may access the live conference call via the following: Webcast www.LTCReit.

LTC Announces Date of First Quarter 2024 Earnings Release, Conference Call and Webcast

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U.S. equity markets declined this week while benchmark interest rates jumped to the highest level since November after stronger-than-expected employment data showed robust hiring trends in early 2024. Stagflation has crept back into the economic discussion over the past several weeks amid a resurgence in oil prices alongside economic data showing stubbornly lukewarm inflationary trends. Following two straight weeks of gains which had lifted the benchmark to record-highs, the S&P 500 declined by 0.9% this week. Real estate equities were among the laggards this week.

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WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties Inc. (NYSE: LTC) (“LTC” or the “Company”), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced that it has originated a $12.7 million senior loan to Ignite Medical Resorts (“Ignite”), a current LTC operator, for the purchase of a skilled nursing and assisted living campus in Katy, Texas. The investment will be accounted for as an unconsolidated joint venture. The five-year.

LTC Originates $12.7 Million Loan for Purchase of Skilled Nursing/Assisted Living Campus

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties Inc. (NYSE: LTC) (“LTC” or the “Company”) announced today that it had declared a monthly cash dividend of $0.19 per common share per month for the second quarter of 2024. Distribution dates are outlined in the table below. Record Date Payment Date Amount April 22, 2024 April 30, 2024 $0.19 per common share May 23, 2024 May 31, 2024 $0.19 per common share June 20, 2024 June 28, 2024 $0.19 per common share About LTC Properties LTC is a rea.

LTC Declares Its Monthly Common Stock Cash Dividend for the Second Quarter of 2024

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties, Inc. (NYSE: LTC), a real estate investment trust that invests in seniors housing and health care properties, today announced senior management will participate in the Deutsche Bank Inaugural Healthcare REIT Summit in New York on Tuesday, April 2, 2024. The Company's presentation package will be available online at https://ir.ltcreit.com/Investors. About LTC Properties LTC is a real estate investment trust (REIT) investing in seniors hou.

LTC to Participate in the Deutsche Bank Inaugural Healthcare REIT Summit

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Certain monthly-paying REITs provide a reliable source of income with consistent dividend payments. Realty Income, Agree Realty, LTC Properties, and Gladstone Land are recommended as reliable monthly-paying REITs. These REITs have a track record of positive earnings growth and consistent dividend payments.

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We had suggested investors go for National Health Investors Inc. over LTC properties in our last update. We examine how that call did. We also look at the Q4-2023 results which had a lot of activity and tell you where we would buy this.

LTC Properties: 7.1% Yield Play On Senior Housing, Where To Buy

LTC Properties, a healthcare REIT, is trading at a discounted valuation resulting in a dividend yield above 7%. The company invests in skilled nursing and assisted living properties, with a focus on states with higher projected increases in the 80+ age population. Despite near-term challenges, LTC has made progress in resolving tenant issues and has the potential for future FFO/share growth.

LTC Properties: Undervalued 7% Yield Poised For A Rebound

LTC Properties, Inc. (LTC) Q4 2023 Earnings Call Transcript

The headline numbers for LTC (LTC) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Here's What Key Metrics Tell Us About LTC (LTC) Q4 Earnings

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties, Inc. (NYSE: LTC) (“LTC” or the “Company”), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced operating results for the fourth quarter ended December 31, 2023.                   Three Months Ended     December 31,     2023   2022     (unaudited)               Net income available to common stockholders   $ 28,057   $ 17,809 Diluted earnings per common share   $ 0.67   $ 0.

LTC Reports 2023 Fourth Quarter Results and Discusses Recent Activities

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Beyond analysts' top -and-bottom-line estimates for LTC (LTC), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2023.

Curious about LTC (LTC) Q4 Performance? Explore Wall Street Estimates for Key Metrics

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WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties Inc. (NYSE: LTC) (“LTC” or the “Company”), will release fourth quarter earnings on Thursday, February 15, 2024 after market close. LTC will conduct a conference call on Friday, February 16, 2024 at 8:00 a.m. Pacific / 11:00 a.m. Eastern, to provide commentary on the performance and operating results for the quarter ended December 31, 2023. Conference Call Interested parties may access the live conference call via the following: Webcast w.

LTC Announces Date of Fourth Quarter 2023 Earnings Release, Conference Call and Webcast

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