LTC Properties Key Executives
This section highlights LTC Properties's key executives, including their titles and compensation details.
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LTC Properties Earnings
This section highlights LTC Properties's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
Next Earnings Date
Last Earnings Results
Earnings Call Transcripts
| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|---|---|---|---|---|
| Read Transcript | Q4 | 2024 | 2025-02-25 | N/A | N/A |
| Read Transcript | Q3 | 2024 | 2024-10-29 | N/A | N/A |
| Read Transcript | Q2 | 2024 | 2024-07-30 | N/A | N/A |
| Read Transcript | Q1 | 2024 | 2024-04-30 | N/A | N/A |
| Read Transcript | Q4 | 2023 | 2024-02-16 | N/A | N/A |
| Read Transcript | Q3 | 2023 | 2023-10-27 | N/A | N/A |
| Read Transcript | Q2 | 2023 | 2023-07-28 | N/A | N/A |
| Read Transcript | Q1 | 2023 | 2023-04-28 | N/A | N/A |
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC holds 181 investments in 27 states with 29 operating partners. The portfolio is comprised of approximately 50% seniors housing and 50% skilled nursing properties.
$35.25
Stock Price
$1.60B
Market Cap
23
Employees
Westlake Village, CA
Location
Financial Statements
Access annual & quarterly financial statements for LTC Properties, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Revenue | $209.85M | $197.24M | $175.15M | $155.32M | $159.34M |
| Cost of Revenue | $12.93M | $14.41M | $15.49M | $15.39M | $15.06M |
| Gross Profit | $196.92M | $182.83M | $159.67M | $139.93M | $144.27M |
| Gross Profit Ratio | 93.84% | 92.70% | 91.16% | 90.10% | 90.55% |
| Research and Development Expenses | $- | $- | $1 | $0 | $1 |
| General and Administrative Expenses | $27.24M | $24.29M | $23.71M | $21.46M | $19.71M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $27.24M | $24.29M | $23.71M | $21.46M | $19.71M |
| Other Expenses | $77.24M | $69.73M | $39.02M | $39.32M | $39.07M |
| Operating Expenses | $104.48M | $94.02M | $62.73M | $60.78M | $58.78M |
| Cost and Expenses | $117.41M | $107.29M | $78.22M | $76.17M | $73.84M |
| Interest Income | $- | $- | $26.89M | $25.99M | $27.86M |
| Interest Expense | $40.34M | $47.01M | $31.44M | $27.38M | $29.70M |
| Depreciation and Amortization | $36.37M | $37.42M | $80.18M | $81.97M | $131.34M |
| EBITDA | $171.58M | $175.89M | $136.58M | $93.10M | $134.70M |
| EBITDA Ratio | 81.77% | 89.17% | 77.61% | 76.53% | 77.97% |
| Operating Income | $92.44M | $89.96M | $99.08M | $80.57M | $95.63M |
| Operating Income Ratio | 44.05% | 45.61% | 56.57% | 51.87% | 60.02% |
| Total Other Income Expenses Net | $-1.40M | $1.50M | $1.50M | $1.42M | $47.00K |
| Income Before Tax | $91.04M | $91.46M | $100.58M | $56.22M | $95.68M |
| Income Before Tax Ratio | 43.38% | 46.37% | 57.43% | 36.20% | 60.05% |
| Income Tax Expense | $- | $- | $-364.00K | $29.16M | $29.76M |
| Net Income | $91.04M | $89.73M | $100.02M | $27.07M | $65.91M |
| Net Income Ratio | 43.38% | 45.49% | 57.11% | 17.43% | 41.37% |
| EPS | $2.10 | $2.16 | $2.49 | $0.69 | $1.68 |
| EPS Diluted | $2.07 | $2.16 | $2.48 | $0.69 | $1.68 |
| Weighted Average Shares Outstanding | 43.74M | 41.27M | 39.89M | 39.16M | 39.18M |
| Weighted Average Shares Outstanding Diluted | 44.24M | 41.36M | 40.07M | 39.16M | 39.26M |
| SEC Filing | Source | Source | Source | Source | Source |
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $52.58M | $55.78M | $50.64M | $51.60M | $50.38M | $49.30M | $48.25M | $49.50M | $47.84M | $43.50M | $43.02M | $40.79M | $39.44M | $37.47M | $38.13M | $40.28M | $46.27M | $38.17M | $28.48M | $46.41M |
| Cost of Revenue | $3.11M | $3.19M | $3.45M | $3.62M | $3.71M | $3.27M | $3.19M | $3.29M | $3.31M | $4.18M | $4.02M | $3.98M | $3.68M | $3.93M | $3.80M | $3.98M | $3.38M | $3.35M | $4.11M | $4.22M |
| Gross Profit | $49.47M | $52.60M | $47.19M | $47.98M | $46.68M | $46.03M | $45.06M | $46.21M | $44.53M | $39.32M | $39.01M | $36.80M | $35.76M | $33.54M | $34.33M | $36.30M | $42.89M | $34.82M | $24.37M | $42.19M |
| Gross Profit Ratio | 94.08% | 94.30% | 93.20% | 93.00% | 92.60% | 93.40% | 93.40% | 93.30% | 93.10% | 90.40% | 90.70% | 90.20% | 90.70% | 89.50% | 90.00% | 90.10% | 92.70% | 91.22% | 85.57% | 90.90% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $7.23M | $6.76M | $6.76M | $6.49M | $5.94M | $5.96M | $6.09M | $6.29M | $6.30M | $5.89M | $5.71M | $5.81M | $5.77M | $5.32M | $5.34M | $5.03M | $5.22M | $4.81M | $4.58M | $5.10M |
| Selling and Marketing Expenses | $- | $- | $703.00K | $24.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $7.23M | $6.76M | $6.76M | $6.49M | $5.94M | $5.96M | $6.09M | $6.29M | $6.30M | $5.89M | $5.71M | $5.81M | $5.77M | $5.32M | $5.34M | $5.03M | $5.22M | $4.81M | $4.58M | $5.10M |
| Other Expenses | $23.35M | $15.66M | $18.66M | $-6.78M | $-10.12M | $-6.48M | $-6.39M | $10.94M | $9.37M | $10.18M | $- | $9.79M | $10.41M | $9.53M | $9.51M | $9.87M | $9.84M | $9.76M | $9.80M | $9.67M |
| Operating Expenses | $30.58M | $22.43M | $16.49M | $6.78M | $10.12M | $15.65M | $15.65M | $17.23M | $15.67M | $16.07M | $15.39M | $15.60M | $16.18M | $14.85M | $14.85M | $14.90M | $15.05M | $14.58M | $14.38M | $14.77M |
| Cost and Expenses | $33.70M | $25.61M | $11.62M | $10.40M | $13.83M | $18.92M | $18.84M | $20.53M | $18.97M | $20.25M | $19.41M | $19.58M | $19.86M | $18.78M | $18.64M | $18.88M | $18.43M | $17.93M | $18.49M | $18.99M |
| Interest Income | $- | $- | $- | $- | $- | $11.04M | $10.36M | $7.84M | $7.59M | $6.76M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Interest Expense | $8.37M | $10.02M | $10.90M | $11.04M | $12.42M | $12.67M | $11.31M | $10.61M | $8.83M | $7.94M | $7.52M | $7.14M | $6.93M | $6.61M | $6.86M | $6.97M | $7.09M | $7.36M | $7.55M | $7.71M |
| Depreciation and Amortization | $9.19M | $9.05M | $205.00K | $233.00K | $189.00K | $171.00K | $204.00K | $209.00K | $212.00K | $236.00K | $206.00K | $223.00K | $222.00K | $158.00K | $116.00K | $112.00K | $9.84M | $9.77M | $9.80M | $9.67M |
| EBITDA | $37.15M | $49.94M | $28.09M | $41.44M | $36.75M | $31.75M | $15.60M | $42.40M | $36.32M | $22.40M | $63.49M | $23.57M | $29.31M | $20.20M | $27.46M | $23.44M | $34.59M | $21.68M | $12.37M | $73.16M |
| EBITDA Ratio | 70.65% | 89.52% | 77.47% | 80.30% | 72.93% | 81.66% | 81.16% | 77.89% | 80.56% | 75.90% | 77.55% | 76.05% | 74.55% | 76.14% | 77.02% | 78.36% | 81.44% | 78.76% | 67.31% | 80.41% |
| Operating Income | $18.89M | $30.17M | $39.03M | $41.20M | $36.56M | $22.25M | $6.23M | $33.19M | $29.24M | $23.63M | $54.11M | $21.58M | $12.55M | $10.74M | $17.95M | $13.56M | $17.66M | $11.91M | $2.57M | $63.49M |
| Operating Income Ratio | 35.92% | 54.08% | 77.06% | 79.85% | 72.56% | 45.13% | 12.91% | 67.04% | 61.13% | 54.32% | 125.78% | 52.91% | 31.83% | 28.66% | 47.09% | 33.67% | 38.16% | 31.20% | 9.03% | 136.80% |
| Total Other Income Expenses Net | $-804.00K | $692.00K | $671.00K | $-7.42M | $9.71M | $375.00K | $376.00K | $376.00K | $377.00K | $376.00K | $376.00K | $375.00K | $376.00K | $376.00K | $376.00K | $289.00K | $7.00K | $429.00K | $-620.00K | $231.00K |
| Income Before Tax | $18.08M | $30.86M | $28.76M | $33.78M | $38.00M | $22.63M | $6.60M | $33.56M | $18.20M | $13.39M | $54.49M | $14.51M | $12.93M | $11.11M | $18.33M | $13.85M | $17.66M | $12.34M | $1.95M | $63.72M |
| Income Before Tax Ratio | 34.39% | 55.33% | 56.79% | 65.47% | 75.42% | 45.89% | 13.69% | 67.80% | 38.04% | 30.78% | 126.65% | 35.57% | 32.78% | 29.66% | 48.07% | 34.38% | 38.18% | 32.32% | 6.85% | 137.30% |
| Income Tax Expense | $- | $- | $9.57M | $9.72M | $9.92M | $13.48M | $12.12M | $-14.39M | $11.88M | $10.34M | $8.01M | $7.17M | $6.93M | $7.08M | $7.33M | $7.35M | $-292.00K | $7.54M | $7.01M | $8.03M |
| Net Income | $18.08M | $29.37M | $19.36M | $24.23M | $28.23M | $22.20M | $6.17M | $47.96M | $6.31M | $3.05M | $54.38M | $7.34M | $12.84M | $11.02M | $18.24M | $13.76M | $17.57M | $12.22M | $1.87M | $63.63M |
| Net Income Ratio | 34.39% | 52.64% | 38.23% | 46.96% | 56.03% | 45.02% | 12.80% | 96.88% | 13.20% | 7.00% | 126.40% | 17.99% | 32.55% | 29.41% | 47.83% | 34.17% | 37.98% | 32.00% | 6.57% | 137.11% |
| EPS | $0.41 | $0.66 | $0.44 | $0.56 | $0.67 | $0.54 | $0.15 | $1.17 | $0.16 | $0.08 | $1.37 | $0.19 | $0.32 | $0.28 | $0.46 | $0.35 | $0.45 | $0.31 | $0.05 | $1.60 |
| EPS Diluted | $0.40 | $0.66 | $0.44 | $0.56 | $0.67 | $0.54 | $0.15 | $1.16 | $0.15 | $0.08 | $1.36 | $0.19 | $0.32 | $0.28 | $0.46 | $0.35 | $0.45 | $0.31 | $0.05 | $1.60 |
| Weighted Average Shares Outstanding | 45.02M | 43.87M | 43.17M | 42.89M | 41.70M | 41.15M | 41.15M | 41.08M | 40.60M | 40.27M | 39.49M | 39.20M | 39.18M | 39.18M | 39.17M | 39.10M | 39.06M | 39.06M | 39.05M | 39.54M |
| Weighted Average Shares Outstanding Diluted | 45.52M | 44.39M | 43.46M | 43.03M | 42.05M | 41.21M | 41.23M | 41.19M | 40.77M | 40.55M | 39.66M | 39.35M | 39.18M | 39.18M | 39.17M | 39.18M | 39.15M | 39.11M | 39.14M | 39.54M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $9.41M | $20.29M | $10.38M | $5.16M | $7.77M |
| Short Term Investments | $925.85M | $- | $19.34M | $1.03B | $1.10B |
| Cash and Short Term Investments | $935.26M | $20.29M | $10.38M | $5.16M | $7.77M |
| Net Receivables | $439.63M | $19.63M | $126.23M | $24.15M | $71.66M |
| Inventory | $- | $18.39M | $13.02M | $- | $- |
| Other Current Assets | $15.89M | $310.48M | $476.83M | $4.19M | $5.32M |
| Total Current Assets | $1.37B | $368.79M | $624.14M | $445.80M | $342.00M |
| Property Plant Equipment Net | $- | $969.57M | $1.01B | $1.03B | $1.10B |
| Goodwill | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $- | $-1.66B | $-1.50B | $-1.46B |
| Long Term Investments | $- | $19.34M | $19.34M | $19.34M | $11.34M |
| Tax Assets | $- | $- | $1.66B | $1.50B | $1.46B |
| Other Non-Current Assets | $957.19M | $1.56M | $4.11M | $5.74M | $3.79M |
| Total Non-Current Assets | $957.19M | $990.47M | $1.03B | $1.06B | $1.12B |
| Other Assets | $-545.94M | $495.84M | $- | $- | $- |
| Total Assets | $1.79B | $1.86B | $1.66B | $1.50B | $1.46B |
| Account Payables | $- | $- | $- | $- | $- |
| Short Term Debt | $584.79M | $- | $49.16M | $- | $- |
| Tax Payables | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $- | $- | $- |
| Other Current Liabilities | $- | $47.51M | $118.78M | $36.98M | $34.30M |
| Total Current Liabilities | $584.79M | $47.51M | $167.94M | $36.98M | $34.30M |
| Long Term Debt | $- | $891.32M | $718.69M | $722.72M | $649.38M |
| Deferred Revenue Non-Current | $- | $- | $805.80M | $759.70M | $683.68M |
| Deferred Tax Liabilities Non-Current | $- | $- | $-669.19M | $-662.53M | $-604.25M |
| Other Non-Current Liabilities | $148.34M | $- | $-80.84M | $- | $- |
| Total Non-Current Liabilities | $148.34M | $891.32M | $637.85M | $722.72M | $649.38M |
| Other Liabilities | $- | $- | $- | $- | $- |
| Total Liabilities | $733.14M | $938.83M | $805.80M | $759.70M | $683.68M |
| Preferred Stock | $- | $- | $- | $- | $85.77M |
| Common Stock | $455.00K | $430.00K | $412.00K | $394.00K | $392.00K |
| Retained Earnings | $- | $-116.92M | $-111.89M | $-120.40M | $-85.77M |
| Accumulated Other Comprehensive Income Loss | $3.81M | $6.11M | $8.72M | $-172.00K | $-85.77M |
| Other Total Stockholders Equity | $956.36M | $991.66M | $931.12M | $856.89M | $852.78M |
| Total Stockholders Equity | $960.63M | $881.28M | $828.37M | $736.71M | $767.40M |
| Total Equity | $1.05B | $916.27M | $850.31M | $745.13M | $775.81M |
| Total Liabilities and Stockholders Equity | $1.79B | $1.86B | $1.66B | $1.50B | $1.46B |
| Minority Interest | $92.38M | $34.99M | $21.94M | $8.41M | $8.40M |
| Total Liabilities and Total Equity | $1.79B | $1.86B | $1.66B | $1.50B | $1.46B |
| Total Investments | $925.85M | $19.34M | $38.68M | $19.34M | $11.34M |
| Total Debt | $584.79M | $891.32M | $767.85M | $722.72M | $649.38M |
| Net Debt | $575.38M | $871.03M | $757.48M | $717.56M | $641.61M |
Balance Sheet Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $9.41M | $35.04M | $6.17M | $9.01M | $20.29M | $11.30M | $7.03M | $5.54M | $10.38M | $6.48M | $6.40M | $4.39M | $5.16M | $45.46M | $5.71M | $8.20M | $7.77M | $22.81M | $50.37M | $30.89M |
| Short Term Investments | $925.85M | $- | $949.30M | $956.37M | $987.97M | $1.01B | $1.02B | $996.12M | $19.34M | $1.03B | $1.04B | $19.34M | $19.34M | $1.04B | $1.05B | $1.09B | $- | $1.11B | $1.12B | $1.12B |
| Cash and Short Term Investments | $935.26M | $35.04M | $6.17M | $9.01M | $20.29M | $11.30M | $7.03M | $5.54M | $10.38M | $6.48M | $6.40M | $4.39M | $5.16M | $45.46M | $5.71M | $8.20M | $7.77M | $22.81M | $50.37M | $30.89M |
| Net Receivables | $439.63M | $847.04M | $134.58M | $814.70M | $269.62M | $270.73M | $267.48M | $265.41M | $593.75M | $124.97M | $123.61M | $126.58M | $24.15M | $80.45M | $74.06M | $72.44M | $71.66M | $69.92M | $75.41M | $92.41M |
| Inventory | $- | $4.06M | $4.25M | $389.00K | $18.39M | $9.45M | $6.05M | $7.16M | $13.02M | $10.71M | $- | $32.31M | $- | $1 | $4.51M | $4.51M | $- | $- | $1 | $- |
| Other Current Assets | $15.89M | $- | $- | $- | $556.33M | $- | $- | $- | $9.31M | $470.52M | $8.70M | $- | $4.19M | $3.68M | $- | $- | $5.32M | $6.90M | $7.47M | $5.48M |
| Total Current Assets | $1.37B | $886.14M | $895.93M | $824.10M | $864.63M | $830.29M | $799.85M | $774.45M | $624.14M | $612.67M | $518.53M | $518.30M | $445.80M | $388.42M | $345.24M | $346.10M | $342.00M | $357.30M | $389.32M | $383.17M |
| Property Plant Equipment Net | $- | $- | $945.05M | $955.98M | $969.57M | $998.33M | $1.02B | $992.05M | $1.01B | $1.03B | $1.04B | $993.29M | $1.03B | $1.04B | $1.05B | $1.09B | $1.10B | $1.11B | $1.12B | $1.12B |
| Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $- | $7.56M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Long Term Investments | $- | $- | $30.50M | $19.34M | $19.34M | $19.34M | $19.34M | $19.34M | $19.34M | $19.34M | $19.34M | $19.34M | $19.34M | $19.34M | $19.34M | $19.34M | $11.34M | $7.07M | $1.02M | $19.06M |
| Tax Assets | $- | $- | $-7.56M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $957.19M | $985.50M | $19.23M | $18.98M | $1.56M | $19.90M | $20.99M | $13.02M | $4.11M | $-14.00M | $4.59M | $5.16M | $5.74M | $3.41M | $3.33M | $3.45M | $3.79M | $3.95M | $4.24M | $4.71M |
| Total Non-Current Assets | $957.19M | $985.50M | $994.79M | $994.29M | $990.47M | $1.04B | $1.06B | $1.02B | $1.03B | $1.04B | $1.06B | $1.02B | $1.06B | $1.06B | $1.07B | $1.11B | $1.12B | $1.12B | $1.12B | $1.14B |
| Other Assets | $-545.94M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $1.79B | $1.87B | $1.89B | $1.82B | $1.86B | $1.87B | $1.86B | $1.80B | $1.66B | $1.65B | $1.58B | $1.54B | $1.50B | $1.45B | $1.42B | $1.46B | $1.46B | $1.48B | $1.51B | $1.52B |
| Account Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Short Term Debt | $584.79M | $240.15M | $- | $- | $- | $- | $- | $- | $49.16M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Current Liabilities | $- | $44.88M | $761.27M | $39.34M | $47.51M | $856.60M | $853.81M | $801.50M | $118.78M | $694.29M | $635.43M | $663.38M | $36.98M | $38.33M | $35.63M | $31.11M | $34.30M | $34.08M | $33.40M | $29.30M |
| Total Current Liabilities | $584.79M | $285.03M | $328.70M | $316.39M | $47.51M | $413.51M | $371.59M | $303.30M | $167.94M | $184.03M | $88.86M | $188.62M | $36.98M | $38.33M | $35.63M | $31.11M | $34.30M | $34.08M | $33.40M | $29.30M |
| Long Term Debt | $- | $545.17M | $861.00M | $860.21M | $891.32M | $956.22M | $953.39M | $901.04M | $718.69M | $793.76M | $734.87M | $762.78M | $722.72M | $661.83M | $618.46M | $659.42M | $649.38M | $664.34M | $689.47M | $689.43M |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $148.34M | $- | $-714.32M | $- | $- | $-805.35M | $-808.57M | $-768.30M | $-80.84M | $-661.25M | $-602.57M | $-632.67M | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Non-Current Liabilities | $148.34M | $545.17M | $579.25M | $583.16M | $891.32M | $593.97M | $627.04M | $630.95M | $637.85M | $642.76M | $678.87M | $604.88M | $722.72M | $661.83M | $618.46M | $659.42M | $649.38M | $664.34M | $689.47M | $689.43M |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $733.14M | $830.20M | $907.96M | $899.55M | $938.83M | $1.01B | $998.63M | $934.24M | $805.80M | $826.80M | $767.73M | $793.50M | $759.70M | $700.16M | $654.09M | $690.53M | $683.68M | $698.42M | $722.87M | $718.73M |
| Preferred Stock | $- | $- | $122.73M | $116.87M | $- | $121.15M | $119.74M | $- | $- | $- | $2 | $- | $- | $110.80M | $99.38M | $- | $85.77M | $80.97M | $70.82M | $50.34M |
| Common Stock | $455.00K | $450.00K | $435.00K | $433.00K | $430.00K | $413.00K | $413.00K | $413.00K | $412.00K | $404.00K | $404.00K | $395.00K | $394.00K | $394.00K | $394.00K | $394.00K | $392.00K | $392.00K | $392.00K | $392.00K |
| Retained Earnings | $- | $-118.64M | $-122.73M | $-117.30M | $-116.92M | $-121.15M | $-119.74M | $-102.32M | $-111.89M | $-106.52M | $-96.72M | $-128.47M | $-120.40M | $-110.80M | $-99.38M | $-95.18M | $-85.77M | $-80.97M | $-70.82M | $-50.34M |
| Accumulated Other Comprehensive Income Loss | $3.81M | $3.64M | $5.96M | $6.49M | $6.11M | $8.60M | $8.57M | $7.36M | $8.72M | $9.45M | $6.14M | $4.70M | $-172.00K | $-110.80M | $-99.38M | $851.54M | $-85.77M | $-80.97M | $-70.82M | $-50.34M |
| Other Total Stockholders Equity | $956.36M | $1.06B | $1.01B | $996.63M | $991.66M | $937.55M | $935.43M | $933.37M | $931.12M | $899.92M | $893.15M | $857.56M | $856.89M | $854.92M | $852.96M | $851.15M | $852.78M | $851.00M | $849.33M | $847.57M |
| Total Stockholders Equity | $960.63M | $947.82M | $889.14M | $886.25M | $881.28M | $825.41M | $824.67M | $838.82M | $828.37M | $803.25M | $802.97M | $734.19M | $736.71M | $744.52M | $753.98M | $756.37M | $767.40M | $770.42M | $778.89M | $797.63M |
| Total Equity | $1.05B | $1.04B | $982.76M | $918.84M | $916.27M | $860.38M | $859.62M | $864.62M | $850.31M | $825.17M | $810.50M | $742.60M | $745.13M | $752.93M | $762.38M | $764.77M | $775.81M | $778.82M | $787.30M | $806.05M |
| Total Liabilities and Stockholders Equity | $1.79B | $1.87B | $1.89B | $1.82B | $1.86B | $1.87B | $1.86B | $1.80B | $1.66B | $1.65B | $1.58B | $1.54B | $1.50B | $1.45B | $1.42B | $1.46B | $1.46B | $1.48B | $1.51B | $1.52B |
| Minority Interest | $92.38M | $93.62M | $93.62M | $32.59M | $34.99M | $34.97M | $34.95M | $25.79M | $21.94M | $21.92M | $7.52M | $8.41M | $8.41M | $8.41M | $8.40M | $8.40M | $8.40M | $8.40M | $8.41M | $8.43M |
| Total Liabilities and Total Equity | $1.79B | $1.87B | $1.89B | $1.82B | $1.86B | $1.87B | $1.86B | $1.80B | $1.66B | $1.65B | $1.58B | $1.54B | $1.50B | $1.45B | $1.42B | $1.46B | $1.46B | $1.48B | $1.51B | $1.52B |
| Total Investments | $925.85M | $30.60M | $30.50M | $19.34M | $19.34M | $1.01B | $1.02B | $1.02B | $38.68M | $19.34M | $19.34M | $38.68M | $38.68M | $1.06B | $1.07B | $1.11B | $11.34M | $1.12B | $1.12B | $1.14B |
| Total Debt | $584.79M | $785.32M | $861.00M | $860.21M | $891.32M | $956.22M | $953.39M | $901.04M | $767.85M | $793.76M | $734.87M | $762.78M | $722.72M | $661.83M | $618.46M | $659.42M | $649.38M | $664.34M | $689.47M | $689.43M |
| Net Debt | $575.38M | $750.28M | $854.83M | $851.20M | $871.03M | $944.92M | $946.36M | $895.51M | $757.48M | $787.28M | $728.47M | $758.39M | $717.56M | $616.37M | $612.75M | $651.22M | $641.61M | $641.53M | $639.10M | $658.54M |
Annual Cash Flow
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Net Income | $94.88M | $91.46M | $100.58M | $56.22M | $95.68M |
| Depreciation and Amortization | $36.37M | $37.42M | $37.50M | $38.30M | $39.07M |
| Deferred Income Tax | $- | $- | $- | $-7.86M | $-39.38M |
| Stock Based Compensation | $9.05M | $8.48M | $7.96M | $7.76M | $7.01M |
| Change in Working Capital | $- | $-14.90M | $-3.99M | $-4.29M | $-8.95M |
| Accounts Receivables | $- | $- | $-7.17M | $-6.78M | $-6.16M |
| Inventory | $- | $- | $- | $- | $- |
| Accounts Payables | $- | $- | $- | $- | $- |
| Other Working Capital | $-3.08M | $-14.90M | $3.19M | $2.49M | $-2.79M |
| Other Non Cash Items | $-15.13M | $-18.06M | $-36.47M | $1.05M | $22.68M |
| Net Cash Provided by Operating Activities | $125.17M | $104.40M | $105.59M | $91.18M | $116.10M |
| Investments in Property Plant and Equipment | $- | $- | $-8.99M | $-6.30M | $-354.00K |
| Acquisitions Net | $- | $- | $50.00K | $-5.68M | $9.33M |
| Purchases of Investments | $- | $- | $-191.59M | $-110.98M | $-45.13M |
| Sales Maturities of Investments | $- | $- | $80.64M | $47.50M | $96.33M |
| Other Investing Activities | $90.68M | $-174.91M | $-50.00K | $5.68M | $-16.24M |
| Net Cash Used for Investing Activities | $90.68M | $-174.91M | $-119.95M | $-69.79M | $43.93M |
| Debt Repayment | $-207.06M | $123.09M | $45.94M | $73.84M | $-44.16M |
| Common Stock Issued | $82.40M | $53.78M | $68.16M | $- | $- |
| Common Stock Repurchased | $- | $- | $- | $-3.57M | $-18.01M |
| Dividends Paid | $-100.53M | $-94.76M | $-91.51M | $-90.49M | $-90.26M |
| Other Financing Activities | $-1.54M | $-1.69M | $-3.01M | $-7.36M | $-4.07M |
| Net Cash Used Provided by Financing Activities | $-226.72M | $80.42M | $19.58M | $-24.01M | $-156.50M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- |
| Net Change in Cash | $-10.87M | $9.91M | $5.22M | $-2.61M | $3.53M |
| Cash at End of Period | $9.41M | $20.29M | $10.38M | $5.16M | $7.77M |
| Cash at Beginning of Period | $20.29M | $10.38M | $5.16M | $7.77M | $4.24M |
| Operating Cash Flow | $125.17M | $104.40M | $105.59M | $91.18M | $116.10M |
| Capital Expenditure | $- | $- | $-8.99M | $-6.30M | $-354.00K |
| Free Cash Flow | $125.17M | $104.40M | $96.59M | $84.89M | $115.75M |
Cash Flow Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $19.59M | $30.86M | $19.19M | $24.07M | $28.08M | $22.63M | $6.60M | $33.56M | $18.20M | $13.39M | $54.49M | $14.51M | $12.93M | $11.11M | $18.33M | $13.85M | $17.66M | $12.34M | $1.95M | $63.72M |
| Depreciation and Amortization | $9.19M | $9.05M | $205.00K | $233.00K | $189.00K | $9.50M | $9.38M | $9.21M | $9.29M | $9.38M | $9.38M | $9.44M | $9.45M | $9.46M | $9.51M | $9.88M | $9.84M | $9.77M | $9.80M | $9.67M |
| Deferred Income Tax | $- | $- | $- | $- | $-3.19M | $-5.24M | $11.12M | $- | $- | $- | $- | $- | $516.00K | $-3.01M | $-6.00M | $639.00K | $3.17M | $871.00K | $431.00K | $-43.85M |
| Stock Based Compensation | $2.26M | $2.27M | $2.32M | $2.20M | $2.13M | $2.12M | $2.14M | $2.09M | $2.01M | $2.01M | $2.01M | $1.93M | $1.98M | $1.98M | $1.96M | $1.85M | $1.78M | $1.69M | $1.76M | $1.78M |
| Change in Working Capital | $-2.59M | $-4.72M | $5.02M | $-11.17M | $-4.63M | $3.15M | $-1.71M | $-11.70M | $2.14M | $-1.89M | $2.60M | $-6.84M | $-3.66M | $1.40M | $3.38M | $-5.41M | $-2.10M | $-260.00K | $379.00K | $-6.97M |
| Accounts Receivables | $-3.27M | $- | $-1.92M | $-2.22M | $-678.00K | $-4.01M | $-2.51M | $-2.08M | $-2.40M | $-1.58M | $-1.55M | $-1.64M | $-2.05M | $-1.50M | $-1.49M | $-1.75M | $-1.50M | $-1.55M | $-1.60M | $-1.51M |
| Inventory | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Accounts Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Working Capital | $674.00K | $-4.72M | $6.93M | $-8.95M | $-3.95M | $7.16M | $808.00K | $-9.62M | $4.55M | $-312.00K | $3.30M | $-6.84M | $-3.66M | $1.40M | $3.38M | $-5.41M | $-2.10M | $-260.00K | $379.00K | $-6.97M |
| Other Non Cash Items | $4.84M | $-3.60M | $14.86M | $10.11M | $2.84M | $238.00K | $958.00K | $-15.12M | $1.17M | $1.43M | $2.01M | $-458.00K | $390.00K | $-7.00K | $216.00K | $448.00K | $123.00K | $5.58M | $17.47M | $-495.00K |
| Net Cash Provided by Operating Activities | $33.29M | $33.86M | $36.95M | $20.55M | $25.42M | $32.40M | $28.50M | $18.04M | $32.81M | $24.33M | $29.88M | $18.57M | $21.60M | $20.94M | $27.39M | $21.26M | $30.47M | $29.98M | $31.79M | $23.85M |
| Investments in Property Plant and Equipment | $- | $- | $-2.31M | $-1.33M | $-4.63M | $-1.82M | $-622.00K | $-2.61M | $-4.44M | $-1.65M | $-1.84M | $-1.07M | $-1.46M | $-2.79M | $-1.00M | $-1.04M | $354.00K | $-77.00K | $-86.00K | $-191.00K |
| Acquisitions Net | $- | $- | $- | $- | $-9.11M | $6.85M | $55.17M | $132.23M | $9.44M | $50.00K | $- | $- | $5.68M | $9.00K | $- | $-5.68M | $-2.03M | $-6.05M | $17.46M | $-58.00K |
| Purchases of Investments | $- | $- | $-24.28M | $-3.44M | $-1.09M | $-20.05M | $-61.40M | $-166.54M | $-5.77M | $-63.31M | $-86.70M | $-35.82M | $-96.77M | $-6.30M | $-423.00K | $-7.49M | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $4.37M | $25.98M | $25.06M | $15.02M | $6.85M | $36.92M | $767.00K | $269.00K | $78.19M | $1.41M | $690.00K | $7.10M | $35.27M | $4.44M | $- | $- | $- | $- |
| Other Investing Activities | $50.30M | $41.39M | $-9.10M | $-2.45M | $9.11M | $-6.85M | $-55.17M | $-132.23M | $-9.44M | $-50.00K | $-29.05M | $-35.47M | $-103.22M | $-1.99M | $33.84M | $1.58M | $-6.37M | $-3.74M | $-7.19M | $51.91M |
| Net Cash Used for Investing Activities | $50.30M | $41.39M | $-22.22M | $21.21M | $19.34M | $-6.85M | $-55.17M | $-132.23M | $-9.44M | $-64.69M | $-10.34M | $-35.47M | $-97.54M | $-1.99M | $33.84M | $-4.09M | $-8.05M | $-9.87M | $10.19M | $51.66M |
| Debt Repayment | $-100.80M | $-75.76M | $700.00K | $-31.20M | $-65.00M | $2.74M | $52.25M | $133.10M | $-26.00M | $58.84M | $-26.90M | $40.00M | $61.50M | $43.34M | $-41.00M | $10.00M | $-15.00M | $-25.16M | $- | $-4.00M |
| Common Stock Issued | $16.77M | $54.66M | $6.52M | $4.45M | $52.00M | $- | $- | $1.78M | $29.20M | $4.75M | $34.20M | $- | $- | $- | $- | $- | $-18.01M | $- | $- | $- |
| Common Stock Repurchased | $- | $- | $- | $- | $- | $- | $-81.00K | $- | $- | $- | $- | $-1.25M | $- | $- | $-103.00K | $-3.47M | $18.01M | $-19.00K | $- | $-18.01M |
| Dividends Paid | $-25.85M | $-25.28M | $-24.79M | $-24.62M | $-24.00M | $-23.61M | $-23.60M | $-23.56M | $-23.31M | $-23.09M | $-22.64M | $-22.48M | $-22.44M | $-22.44M | $-22.44M | $-23.17M | $-22.37M | $-22.37M | $-22.36M | $-23.17M |
| Other Financing Activities | $651.00K | $- | $-3.00K | $-2.07M | $1.17M | $-404.00K | $-487.00K | $-1.96M | $637.00K | $-67.00K | $-2.19M | $-128.00K | $-3.42M | $-95.00K | $-275.00K | $-3.57M | $-92.00K | $-147.00K | $-140.00K | $-3.69M |
| Net Cash Used Provided by Financing Activities | $-109.22M | $-46.39M | $-17.57M | $-53.03M | $-35.83M | $-21.27M | $28.16M | $109.35M | $-19.47M | $40.44M | $-17.52M | $16.14M | $35.64M | $20.80M | $-63.71M | $-16.74M | $-37.46M | $-47.67M | $-22.50M | $-48.87M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $-26.15M | $10.09M | $16.05M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $-25.63M | $28.87M | $-2.84M | $-11.28M | $8.98M | $4.28M | $1.49M | $-4.84M | $3.90M | $77.00K | $2.01M | $-768.00K | $-40.30M | $39.74M | $-2.49M | $429.00K | $-15.04M | $-27.56M | $19.48M | $26.64M |
| Cash at End of Period | $9.41M | $35.04M | $6.17M | $9.01M | $20.29M | $11.30M | $7.03M | $5.54M | $10.38M | $6.48M | $6.40M | $4.39M | $5.16M | $45.46M | $5.71M | $8.20M | $7.77M | $22.81M | $50.37M | $30.89M |
| Cash at Beginning of Period | $35.04M | $6.17M | $9.01M | $20.29M | $11.30M | $7.03M | $5.54M | $10.38M | $6.48M | $6.40M | $4.39M | $5.16M | $45.46M | $5.71M | $8.20M | $7.77M | $22.81M | $50.37M | $30.89M | $4.24M |
| Operating Cash Flow | $33.29M | $33.86M | $36.95M | $20.55M | $25.42M | $32.40M | $28.50M | $18.04M | $32.81M | $24.33M | $29.88M | $18.57M | $21.60M | $20.94M | $27.39M | $21.26M | $30.47M | $29.98M | $31.79M | $23.85M |
| Capital Expenditure | $- | $- | $-2.31M | $-1.33M | $-4.63M | $-1.82M | $-622.00K | $-2.61M | $-4.44M | $-1.65M | $-1.84M | $-1.07M | $-1.46M | $-2.79M | $-1.00M | $-1.04M | $354.00K | $-77.00K | $-86.00K | $-191.00K |
| Free Cash Flow | $33.29M | $33.97M | $34.65M | $19.22M | $20.79M | $30.57M | $27.87M | $15.43M | $28.38M | $22.68M | $28.04M | $17.50M | $20.14M | $18.14M | $26.38M | $20.21M | $30.83M | $29.91M | $31.71M | $23.66M |
LTC Properties Dividends
Explore LTC Properties's dividend history, including dividend yield, payout ratio, and historical payments.
Dividend Yield
6.65%
Dividend Payout Ratio
110.42%
Dividend Paid & Capex Coverage Ratio
1.25x
LTC Properties Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.19 | $0.19 | March 21, 2025 | March 21, 2025 | March 31, 2025 | January 02, 2025 |
| $0.19 | $0.19 | February 20, 2025 | February 20, 2025 | February 28, 2025 | January 02, 2025 |
| $0.19 | $0.19 | January 23, 2025 | January 23, 2025 | January 31, 2025 | January 02, 2025 |
| $0.19 | $0.19 | December 23, 2024 | December 23, 2024 | December 31, 2024 | October 01, 2024 |
| $0.19 | $0.19 | November 21, 2024 | November 21, 2024 | November 29, 2024 | October 01, 2024 |
| $0.19 | $0.19 | October 23, 2024 | October 23, 2024 | October 31, 2024 | October 01, 2024 |
| $0.19 | $0.19 | September 20, 2024 | September 20, 2024 | September 30, 2024 | July 01, 2024 |
| $0.19 | $0.19 | August 22, 2024 | August 22, 2024 | August 30, 2024 | July 01, 2024 |
| $0.19 | $0.19 | July 23, 2024 | July 23, 2024 | July 31, 2024 | July 01, 2024 |
| $0.19 | $0.19 | June 20, 2024 | June 20, 2024 | June 28, 2024 | April 01, 2024 |
| $0.19 | $0.19 | May 22, 2024 | May 23, 2024 | May 31, 2024 | |
| $0.19 | $0.19 | April 19, 2024 | April 22, 2024 | April 30, 2024 | April 01, 2024 |
| $0.19 | $0.19 | March 20, 2024 | March 21, 2024 | March 29, 2024 | January 02, 2024 |
| $0.19 | $0.19 | February 20, 2024 | February 21, 2024 | February 29, 2024 | January 02, 2024 |
| $0.19 | $0.19 | January 22, 2024 | January 23, 2024 | January 31, 2024 | January 02, 2024 |
| $0.19 | $0.19 | December 20, 2023 | December 21, 2023 | December 29, 2023 | October 02, 2023 |
| $0.19 | $0.19 | November 21, 2023 | November 22, 2023 | November 30, 2023 | October 02, 2023 |
| $0.19 | $0.19 | October 20, 2023 | October 23, 2023 | October 31, 2023 | October 02, 2023 |
| $0.19 | $0.19 | September 20, 2023 | September 21, 2023 | September 29, 2023 | July 03, 2023 |
| $0.19 | $0.19 | August 22, 2023 | August 23, 2023 | August 31, 2023 | July 03, 2023 |
LTC Properties News
Read the latest news about LTC Properties, including recent articles, headlines, and updates.
LTC Properties: FAD To Resume Growth Amid Ample Expansion Opportunities
LTC Properties is a healthcare REIT focused on assisted living and skilled nursing facilities, offering a mix of equity and debt financing. The company's FAD per share decreased in 2024 due to recent equity issuance. The capital increase coupled with strong stock performance has lowered the debt portion in enterprise value to only 29%.
Top 4 Healthcare REITs Turning Care Into Big Investor Payouts
Healthcare is an industry that's constantly in demand, making it an investor favorite when choosing corporate shares to hold in the long term. Past data has found that healthcare stocks also tend to weather inflation better than others, beating inflation about 50% of the time during volatile periods.
LTC Reports 2024 Fourth Quarter Results
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, 2024. Three Months Ended December 31, (unaudited, amounts in thousands, except per share data) 2024 2023 Total revenues $ 52,582 $ 50,195 Net income available to common stockholders $ 17,9.
LTC Announces Date of Fourth Quarter 2024 Earnings Release, Conference Call and Webcast
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)-- #earningscall--LTC Properties Inc. (NYSE: LTC) (“LTC” or the “Company”), will release fourth quarter earnings on Monday, February 24, 2025 after market close. LTC will conduct a conference call on Tuesday, February 25, 2025 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, 2024. Conference Call Interested parties may access the live conference call via the following: Webcast ww.
LTC Declares Its Monthly Common Stock Cash Dividend for the First Quarter of 2025
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 first quarter of 2025. Distribution dates are outlined in the table below. Record Date Payment Date Amount January 23, 2025 January 31, 2025 $0.19 per common share February 20, 2025 February 28, 2025 $0.19 per common share March 21, 2025 March 31, 2025 $0.19 per common share About LTC Properti.
Manulife Closes LTC Reinsurance Transaction with RGA
TSX/NYSE/PSE: MFC SEHK: 945 C$ unless otherwise stated TORONTO , Jan. 02, 2025 /PRNewswire/ - Manulife announced today that it has closed1 the previously announced transaction to reinsure two blocks of legacy business, including a younger block of long-term care (LTC), with Reinsurance Group of America ("RGA"). "With this second milestone LTC reinsurance transaction, we have now reinsured both mature and younger LTC blocks, further validating our prudent LTC reserves and assumptions," said Manulife President and Chief Executive Officer Roy Gori.
LTC Properties: Pullback Makes This 6.6% Monthly Payer Attractive, But Still A Hold
LTC Properties' recent price decline presents a potential buying opportunity for income-focused investors, with a 6.6% dividend yield and solid financials. The REIT's Q3 earnings beat expectations, showing strong FFO and revenue growth despite a challenging interest rate environment. LTC has a formidable balance sheet, with significant liquidity and reduced leverage, positioning it well for future investment opportunities.
Wall Street's Most Accurate Analysts Spotlight On 3 Real Estate Stocks Delivering High-Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
LTC Properties: Steady Growth Set To Continue In 2025
LTC Properties is a healthcare REIT specializing in assisted living and skilled living facilities. Pure real estate investments represent circa 80.8% of the REIT's balance sheet, leaving 19.2% for mortgages and notes receivables. Q3 2024 results showed a 3% Y/Y increase in funds available for distribution, a trend I expect to continue in 2025.
LTC Appoints Wendy Simpson Executive Chairman of Board of Directors; Promotes Pam Kessler and Clint Malin to Co-Chief Executive Officers, and Cece Chikhale to Chief Financial Officer
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties, Inc. (NYSE: LTC), a real estate investment trust primarily invests in seniors housing and health care properties, today announced that Wendy Simpson has been appointed Executive Chairman of Board of Directors, Pam Kessler and Clint Malin have been promoted to Co-Chief Executive Officers, and Cece Chikhale has been promoted to Chief Financial Officer. The appointments are part of the Company's succession plan and are effective December 3.
LTC Properties, Inc. (NYSE: LTC) Chairman & CEO Wendy Simpson Interviewed by Advisor Access
SAN FRANCISCO, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Advisor Access spoke at length with Wendy Simpson, Chairman & CEO Advisor Access : For readers unfamiliar with LTC Properties, would you share an overview of the REIT? Wendy Simpson: LTC has been a trusted investor in needs-based seniors housing and care for more than 30 years.
Manulife announces $5.4 billion reinsurance transaction, including $2.4 billion of long-term care, with RGA
Transacting on a younger LTC block further validates LTC reserves and assumptions Another milestone transaction that optimizes our portfolio $0.8 billion capital release will be returned to shareholders via share buybacks Conference call to be held Thursday, November 21, 2024, at 8:00 a.m. ET; details below TSX/NYSE/PSE: MFC SEHK: 945 C$ unless otherwise stated TORONTO , Nov. 20, 2024 /PRNewswire/ - Manulife Financial Corporation ("Manulife" or the "Company") announced today that it has entered into a $5.4 billion 1 reinsurance agreement with Reinsurance Group of America ("RGA"), including $2.4 billion of long-term care ("LTC") reserves.
LTC to Participate in Nareit's REITworld: 2024 Annual Conference
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 Nareit's REITworld 2024: Annual Conference November 19-20 in Las Vegas. 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 housing and health ca.
LTC Properties, Inc. (LTC) Q3 2024 Earnings Call Transcript
LTC Properties, Inc. (NYSE:LTC ) Q3 2024 Earnings Conference Call October 29, 2024 11:00 AM ET Company Participants Wendy Simpson - Chairman of the Board & Chief Executive Officer Pam Kessler - Co-President & Chief Financial Officer Clint Malin - Co-President & Chief Investment Officer Conference Call Participants Austin Wurschmidt - KeyBanc Capital Markets Robin Haneland - BMO Rich Anderson - Wedbush Michael Carroll - RBC Operator Good day, ladies and gentlemen, and welcome to the LTC Properties, Inc. Third Quarter 2024 Earnings Conference Call. My name is Ali, and I will be your operator for today's call.
LTC Reports 2024 Third Quarter Results
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)-- #earnings--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 third quarter ended September 30, 2024. Three Months Ended September 30, (unaudited, amounts in thousands, except per share data) 2024 2023 Total revenues $ 55,783 $ 49,303 Net income available to common stockholders $ 29,165 $ 22,05.
LTC Announces Date of Third Quarter 2024 Earnings Release, Conference Call and Webcast
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties Inc. (NYSE: LTC) (“LTC” or the “Company”), will release third quarter earnings on Monday, October 28, 2024 after market close. LTC will conduct a conference call on Tuesday, October 29, 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 September 30, 2024. Conference Call Interested parties may access the live conference call via the following: Webcast www.
5 Of My Favorite Monthly Paying REITs
Monthly dividends can be enticing, but quality and sustainability of the dividend are crucial. Avoid "sucker yields" by analyzing fundamentals. Agree Realty is a high-quality REIT with consistent dividend growth, but its current valuation makes it a Hold. STAG Industrial offers a higher yield and trades at a discount, making it a Buy despite modest dividend growth.
LTC Declares Its Monthly Common Stock Cash Dividend for the Fourth Quarter of 2024
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 fourth quarter of 2024. Distribution dates are outlined in the table below. Record Date Payment Date Amount October 23, 2024 October 31, 2024 $0.19 per common share November 21, 2024 November 29, 2024 $0.19 per common share December 23, 2024 December 31, 2024 $0.19 per common share About LTC.
UPDF Legal Training Centre Graduates 29 Soldiers
The Uganda People’s Defence Forces’ (UPDF) Legal Training Centre (LTC) at Gadaffi Barracks in Jinja District has once again demonstrated its commitment to empowering legal excellence with the graduation of 29 UPDF soldiers from the Advanced Brigade Legal Officers Course (ABLOC). The four-week training, which concluded yesterday, was officiated by Brig Gen Prof. Godard Busingye, […] The post UPDF Legal Training Centre Graduates 29 Soldiers appeared first on Watchdog Uganda...
Behind The Curve
U.S. equity markets tumbled in a volatile week, while benchmark interest rates plunged by the most since December 2008 after employment data showed decisive evidence of weakening labor market conditions. Volatility was amplified by a confluence of central bank policy decisions, a hit-and-miss slate of corporate earnings results, an intensification of geopolitical risks, and a re-pricing of domestic political expectations. Among several weak employment reports, the critical nonfarm payrolls report showed that the unemployment rate jumped to the highest level since 2021 in July, and the report was even weaker under-the-surface.
LTC Properties, Inc. (LTC) Q2 2024 Earnings Call Transcript
LTC Properties, Inc. (NYSE:LTC ) Q2 2024 Earnings Call July 30, 2024 11:00 AM ET Company Participants Wendy Simpson - President and Chief Executive Officer Clint Malin - Co-President and Chief Investment Officer Pam Kessler - Co-President and Chief Financial Officer Conference Call Participants Juan Sanabria - BMO Capital Markets Austin Wurschmidt - KeyBanc Capital Markets Rich Anderson - Wedbush Michael Carroll - RBC Capital Markets Operator Good day and welcome to the LTC Properties, Inc. Second Quarter 2024 Earnings Call. [Operator Instructions] Before management begins its presentation, please note that today's comments, including the question-and-answer session, may include forward-looking statements subject to risks and uncertainties that may cause actual results and events to differ materially.
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