LTC Properties
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LTC Properties

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    • Financial ServicesInvestmentReal Estate & Construction

    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.

    Revenue(FY, 2017)
    $168.1 M
    Market capitalization(2018-12-12)
    $1.7 B
    TypePublic
    HQWestlake Village, US
    Founded1992
    Size (employees)20 (est)-16%
    Websiteltcreit.com
    LTC Properties was founded in 1992 and is headquartered in Westlake Village, US
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    Key People/Management at LTC Properties

    Wendy Simpson

    Wendy Simpson

    Chairman, CEO & President
    Clint Malin

    Clint Malin

    Executive Vice President and Chief Investment Officer
    Peter Lyew

    Peter Lyew

    Vice President and Director of Tax
    Gibson Satterwhite

    Gibson Satterwhite

    Vice President, Asset Management
    Mandi Hogan

    Mandi Hogan

    Vice President, Marketing
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    LTC Properties Office Locations

    LTC Properties has an office in Westlake Village
    Westlake Village, (HQ)
    350 2829 Townsgate Rd
    Show all (1)
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    LTC Properties Financials and Metrics

    LTC Properties Revenue

    LTC Properties's revenue was reported to be $168.07 m in FY, 2017
    USD

    Revenue (Q3, 2018)

    		41.8m

    Net income (Q3, 2018)

    		34.9m

    EBIT (Q3, 2018)

    		19.8m

    Market capitalization (12-Dec-2018)

    		1.7b

    Closing stock price (12-Dec-2018)

    		44.1

    Cash (30-Sep-2018)

    		20.4m
    LTC Properties's current market capitalization is $1.7 b.
    Annual
    USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

    Revenue

    		105.0m119.0m136.2m161.6m168.1m

    Revenue growth, %

    		13%14%19%

    General and administrative expense

    		15.1m17.4m17.5m

    Operating expense total

    		65.5m81.2m86.8m
    Quarterly
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

    Revenue

    		32.4m34.9m38.6m40.0m40.8m42.6m42.5m41.2m41.8m41.5m41.8m

    General and administrative expense

    		4.0m3.7m4.5m4.1m4.5m4.7m4.4m4.1m4.8m4.7m4.9m

    Operating expense total

    		15.2m16.0m19.0m19.9m20.5m21.6m22.7m21.2m22.1m21.6m21.9m

    Depreciation and amortization

    		7.0m7.4m8.6m8.9m9.2m9.4m9.3m9.5m9.4m9.3m9.4m
    show all
    Annual
    USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

    Cash

    		6.8m25.2m12.9m8.0m5.2m

    Accounts Receivable

    		702.0k597.0k4.5m9.7m15.1m

    Inventories

    Total Assets

    		931.4m965.8m1.3b1.4b1.5b
    Quarterly
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

    Cash

    		60.3m7.5m8.1m7.6m3.4m8.1m11.7m24.3m17.8m3.6m8.7m9.3m3.8m3.8m4.3m20.4m

    Accounts Receivable

    		726.0k677.0k655.0k661.0k1.2m2.1m3.4m5.8m7.1m8.4m10.9m12.3m13.7m16.5m17.9m19.3m

    Total Assets

    		841.2m942.2m945.2m952.6m995.4m1.0b1.2b1.3b1.4b1.4b1.4b1.4b1.4b1.5b1.5b1.5b

    Long-term debt

    		2.0m1.4m1.4m1.4m
    show all
    Annual
    USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

    Net Income

    		57.8m73.4m73.1m85.1m87.3m

    Depreciation and Amortization

    		25.5m29.4m35.9m37.6m

    Inventories

    Accounts Payable

    		418.0k601.0k
    Quarterly
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

    Net Income

    		43.2m17.0m35.3m52.4m17.6m35.5m55.1m19.9m42.0m64.4m21.5m46.9m67.5m20.4m89.3m124.2m

    Depreciation and Amortization

    		6.3m12.6m18.9m6.8m13.8m21.1m8.6m17.5m26.6m9.4m18.7m28.2m9.4m18.7m28.2m

    Accounts Payable

    		(1.1m)(1.0m)(1.1m)18.0k(1.0m)(1.1m)72.0k(358.0k)(416.0k)(567.0k)(1.2m)(171.0k)(1.8m)

    Cash From Operating Activities

    		60.2m19.8m45.2m69.3m17.9m44.0m70.5m19.6m50.8m79.6m21.1m47.3m76.1m21.6m55.5m83.4m
    show all
    USDY, 2018

    Financial Leverage

    		1.9 x
    Show all financial metrics
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    Competitors

    CITIC
    Financial Services - Private
    Wheelock & Co
    Financial Services - Public
    Columbia Property Trust
    Financial Services - Public
    Douglas Emmett
    Financial Services - Public
    Compare competitors

    LTC Properties News and Updates

    July 19, 2018

    LTC Properties: Buy The Drop

    May 11, 2018

    LTC Properties Inc. 2018 Q1 - Results - Earnings Call Slides

    May 10, 2018

    LTC Properties' (LTC) CEO Wendy Simpson on Q1 2018 Results - Earnings Call Transcript

    January 03, 2018

    LTC Properties inks joint venture with Tealwood Senior Living and Tukka Properties

    LTC Properties, a real estate investment trust that invests in senior housing and health care properties, has agreed to a real estate joint venture with affiliates of Tealwood Senior Living and Tukka Properties. The venture will focus on acquiring a land parcel and develop Cedarburg, Wisconsin-based…
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    LTC Properties Company Life and Culture

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     LTC Properties Frequently Asked Questions

    • When was LTC Properties founded?

      LTC Properties was founded in 1992.

    • Who are LTC Properties key executives?

      LTC Properties's key executives are Wendy Simpson, Clint Malin and Peter Lyew.

    • How many employees does LTC Properties have?

      LTC Properties has 20 employees.

    • What is LTC Properties revenue?

      Latest LTC Properties annual revenue is $168.1 m.

    • What is LTC Properties revenue per employee?

      Latest LTC Properties revenue per employee is $8.4 m.

    • Who are LTC Properties competitors?

      Competitors of LTC Properties include CITIC, Wheelock & Co and Columbia Property Trust.

    • Where is LTC Properties headquarters?

      LTC Properties headquarters is located at 350 2829 Townsgate Rd, Westlake Village.

    • Where are LTC Properties offices?

      LTC Properties has an office in Westlake Village.

    • How many offices does LTC Properties have?

      LTC Properties has 1 office.