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Last $41.68 USD
Change Today 0.00 / 0.00%
Volume 0.0
LTC On Other Exchanges
Symbol
Exchange
Frankfurt
As of 8:04 PM 08/27/15 All times are local (Market data is delayed by at least 15 minutes).

ltc properties inc (LTC) Snapshot

Open
$41.50
Previous Close
$41.22
Day High
$42.20
Day Low
$41.17
52 Week High
01/28/15 - $48.85
52 Week Low
10/1/14 - $36.74
Market Cap
1.5B
Average Volume 10 Days
221.7K
EPS TTM
$1.98
Shares Outstanding
35.6M
EX-Date
09/18/15
P/E TM
21.1x
Dividend
$2.04
Dividend Yield
4.89%
Current Stock Chart for LTC PROPERTIES INC (LTC)

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ltc properties inc (LTC) Details

LTC Properties, Inc. operates as a health care real estate investment trust (REIT) in the United States. It invests in senior housing and long term healthcare properties, including skilled nursing properties, assisted living properties, independent living properties, and combinations through mortgage loans, property lease transactions, and other investments. Its portfolio consists of 89 skilled nursing properties, 102 assisted living properties, 14 other senior housing properties, 2 schools, and a parcel of land under development. As a REIT, the company would not be subject to federal income tax, if it distributes at least 90% of net taxable income to its stockholders. LTC Properties, Inc. was founded in 1992 and is based in Westlake Village, California.

19 Employees
Last Reported Date: 02/26/15
Founded in 1992

ltc properties inc (LTC) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $610.5K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $365.8K
Chief Investment Officer and Executive Vice P...
Total Annual Compensation: $365.8K
Senior Vice President of Investment & Portfol...
Total Annual Compensation: $335.8K
Senior Vice President, Treasurer and Controll...
Total Annual Compensation: $233.3K
Compensation as of Fiscal Year 2014.

ltc properties inc (LTC) Key Developments

LTC Properties Inc. Reports Unaudited Consolidated Earnings Results for Second Quarter and Six Months Ended June 30, 2015

LTC Properties Inc. reported unaudited consolidated earnings results for second quarter and six months ended June 30, 2015. For the quarter, the company’s total revenues were $32,387,000 against $29,227,000 a year ago. Operating income was $17,175,000 against $17,133,000 a year ago. Net income available to common stockholders was $16,984,000 against $17,338,000 a year ago. Diluted Earnings per common share was $0.48 against $0.50 a year ago. Normalized FFO available to common stockholders was $24,361,000 against $22,500,000 a year ago. Normalized adjusted FFO (AFFO) was $21,130,000 against $22,077,000 a year ago. Normalized funds available for distribution (FAD) were $22,134,000 against $22,425,000 a year ago. Diluted normalized FFO available to common stockholders per share was $0.67 against $0.64 a year ago. Diluted normalized FFO available to common stockholders was $25,305,000 against $23,435,000 a year ago. Diluted normalized AFFO per share was $0.59 against $0.62 a year ago. Diluted normalized AFFO was $22,074,000 against $23,012,000 a year ago. Diluted normalized FAD per share was $0.61 against $0.63 a year ago. Diluted normalized FAD was $23,078,000 against $23,360,000 a year ago. For the six months, the company’s total revenues were $63,867,000 against $58,665,000 a year ago. Operating income was $34,611,000 against $34,137,000 a year ago. Net income available to common stockholders was $33,595,000 against $33,421,000 a year ago. Diluted Earnings per common share was $0.94 against $0.96 a year ago. Normalized FFO available to common stockholders was $47,751,000 against $44,881,000 a year ago. Normalized adjusted FFO (AFFO) was $41,969,000 against $44,004,000 a year ago. Normalized funds available for distribution (FAD) were $43,862,000 against $44,711,000 a year ago. Diluted normalized FFO available to common stockholders per share was $1.32 against $1.27 a year ago. Diluted normalized FFO available to common stockholders was $49,636,000 against $46,737,000 a year ago. Diluted normalized AFFO per share was $1.17 against $1.25 a year ago. Diluted normalized AFFO was $43,854,000 against $45,860,000 a year ago. Diluted normalized FAD per share was $1.22 against $1.26 a year ago. Diluted normalized FAD was $45,747,000 against $46,567,000 a year ago.

LTC Properties Eyes Acquisitions

LTC Properties Inc. (NYSE:LTC) is looking for acquisitions. The company has filed a Follow-on Equity Offering in the amount of $200 million and intend to use the net proceeds from the sale of our common stock pursuant to the equity distribution agreements for working capital and general corporate purposes including, but not limited to: the acquisition and development of senior housing and long-term health care properties, and the repayment of indebtedness.

LTC Properties Inc. to Report Q2, 2015 Results on Aug 05, 2015

LTC Properties Inc. announced that they will report Q2, 2015 results at 10:00 PM, GMT Standard Time on Aug 05, 2015

 

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LTC Competitors

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Company Last Change
Healthcare Realty Trust Inc $23.47 USD +0.12
Medical Properties Trust Inc $11.95 USD -0.08
National Health Investors Inc $56.82 USD +0.55
Sabra Health Care REIT Inc $24.98 USD +0.395
Universal Health Realty Income Trust $48.19 USD +1.00
View Industry Companies
 

Industry Analysis

LTC

Industry Average

Valuation LTC Industry Range
Price/Earnings 21.8x
Price/Sales 11.7x
Price/Book 2.4x
Price/Cash Flow 14.6x
TEV/Sales 8.5x
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