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.

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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. (LTC) Q1 2023 Earnings Call Transcript.

LTC Properties, Inc. (LTC) Q1 2023 Earnings Call Transcript

LTC Properties (LTC) came out with quarterly funds from operations (FFO) of $0.66 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.60 per share a year ago.

LTC Properties (LTC) Q1 FFO Meet 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, 2023.     Three Months Ended     March 31,     2023   2022     (unaudited)               Net income available to common stockholders   $ 32,929   $ 14,275 Diluted earnings per common share   $ 0.80     $ 0.36   NAREIT funds.

LTC Reports 2023 First Quarter Results and Discusses Recent Activities

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The 7 Best REITs to Buy for April 2023

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties, Inc. (NYSE:LTC) will release first quarter earnings on Thursday, April 27, 2023 after market close. LTC will conduct a conference call on Friday, April 28, 2023 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, 2023. Conference Call Interested parties may access the live conference call via the following: Webcast www.LTCReit.

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

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties, Inc. (NYSE:LTC) announced today that it had declared a monthly cash dividend on its common stock for the second quarter of 2023. The Company declared a monthly cash dividend of $0.19 per common share per month for the months of April, May and June 2023, payable on April 28, May 31 and June 30, 2023, respectively, to stockholders of record on April 20, May 23 and June 22, 2023, respectively.

LTC Declares Its Monthly Common Stock Cash Dividend for the Second Quarter of 2023

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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 that senior management will participate in the Credit Suisse Healthcare REIT Summit in New York on Tuesday, April 4, 2023. The Company's presentation package will be available online at https://ir.ltcreit.com/Investors.

LTC Senior Management to Participate in the Credit Suisse Healthcare REIT Summit

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WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties, Inc. (NYSE: LTC), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced the publication of its inaugural Environmental, Social and Governance (ESG) report titled, “People. Planet. Purpose.” The report shares information about LTC's activities and future goals, highlighting the Company's key achievements, policies and performance.

LTC Publishes Inaugural Environmental, Social and Governance (ESG) Report

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LTC Properties: Recovering But Still Risky

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties, Inc. (NYSE: LTC), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced that it has sold two skilled nursing centers in New Mexico. The two centers, totaling 235 beds, were sold for $21.3 million, generating proceeds of $20.8 million. The proceeds will be used to pay down the Company's unsecured revolving line of credit.

LTC Generates $20.8 Million in Proceeds From Sale of Two Skilled Nursing Centers

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties, Inc. (NYSE: LTC), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced that it plans to diversify its portfolio through the transition and possible sale of some of the properties in its Brookdale Senior Living (“Brookdale”) portfolio, following Brookdale's election not to exercise its lease renewal option.

LTC to Diversify Portfolio Through Transition and/or Sale of Brookdale-operated Properties

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties, Inc. (NYSE: LTC) a real estate investment trust that primarily invests in seniors housing and health care properties, today announced a $51.1 million investment in Corso Atlanta by purchasing a participation in an existing mortgage loan. The new loan will be used to pay off certain current banks and LTC's outstanding $7.5 million mezzanine loan, which was funded in 2019 for the community's construction.

LTC Invests $51 million for Refinance of Seniors Housing Campus in Upscale Atlanta Area

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LTC Properties, Inc. (NYSE:LTC ) Q4 2022 Results Conference Call February 17, 2023 11:00 AM ET Company Participants Wendy Simpson - Chairman and CEO Pam Kessler - Co-President and Chief Financial Officer Clint Malin - Co-President and Chief Investment Officer Conference Call Participants Austin Wurschmidt - KeyBanc Capital Markets Juan Sanabria - BMO Rich Anderson - SMBC Michael Carroll - RBC Tayo Okusanya - Credit Suisse Operator 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. These risks and uncertainties are detailed in LTC Properties' filings with the Securities and Exchange Commission from time to time, including the company's most recent 10-K dated December 31, 2022.

LTC Properties, Inc. (LTC) Q4 2022 Earnings Call Transcript

LTC (LTC) delivered FFO and revenue surprises of 7.46% and 18.05%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

LTC Properties (LTC) Beats Q4 FFO and Revenue 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 fourth quarter ended December 31, 2022.     Three Months Ended       December 31,       2022   2021       (unaudited)                   Net income available to common stockholders   $ 17,809   $ 12,726   Diluted earnings per common share   $ 0.44   $ 0.

LTC Reports 2022 Fourth Quarter Results and Discusses Recent Activities

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties, Inc. (NYSE:LTC) will now release fourth quarter earnings on Thursday, February 16, 2023 before market open. LTC will conduct a conference call on Thursday, February 16, 2023 at 10:00 a.m. Pacific / 1:00 p.m. Eastern, to provide commentary on the performance and operating results for the quarter ended December 31, 2022. Conference Call Interested parties may access the live conference call via the following: Webcast www.LTCReit.

LTC Announces Updated Date of Fourth Quarter 2022 Earnings Release, Conference Call and Webcast

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