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LTC Properties, Inc. - LTC STOCK NEWS

Welcome to our dedicated news page for LTC Properties (Ticker: LTC), a resource for investors and traders seeking the latest updates and insights on LTC Properties.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect LTC Properties's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of LTC Properties's position in the market.

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LTC Properties, Inc. (LTC), a real estate investment trust focusing on seniors housing and healthcare properties, will have senior management participate in the BMO Real Estate Conference on May 8, 2024, in New York and the Wells Fargo Real Estate Securities Conference on May 9, 2024, in Amelia Island, Florida. Investors can access the Company's presentation package online at https://ir.ltcreit.com/Investors.

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LTC Properties, Inc. (NYSE: LTC) announced its first-quarter 2024 results, reporting net income of $24,065, diluted EPS of $0.56, FFO of $29,909, and FAD of $31,274. The company completed various transactions, including property sales and lease transitions. LTC is focusing on long-term growth opportunities and strengthening its portfolio.

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LTC Properties Inc. (NYSE: LTC) announces the release of its first-quarter earnings on April 29, 2024, followed by a conference call on April 30, 2024. Interested parties can access the call through various means, including webcast and toll-free numbers. A replay will be available until May 14, 2024, along with supplemental information on the company's website.
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LTC Properties Inc. provides a $12.7 million senior loan to Ignite Medical Resorts for the purchase of a skilled nursing and assisted living campus in Katy, Texas. The investment is expected to generate $884,000 of revenue in 2024. LTC aims to support its long-term partner, Ignite, by offering flexible financing options for growth.
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LTC Properties Inc. (NYSE: LTC) has declared a monthly cash dividend of $0.19 per common share per month for the second quarter of 2024. The distribution dates are set for April 30, May 31, and June 28, 2024.
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LTC Properties, Inc. (LTC) to participate in Deutsche Bank Healthcare REIT Summit on April 2, 2024, in New York. The company focuses on investing in seniors housing and health care properties.
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LTC Properties, Inc. announced operating results for Q4 2023, with net income available to common stockholders of $28,057 and diluted earnings per common share of $0.67. The company substantially reduced leverage, impacting financial results. The PR details various financial aspects, including funds from operations, interest income, expenses, transaction costs, and gains/losses on sales. LTC completed significant transactions post-Q4 2023, positioning itself for growth in 2024.
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LTC Properties Inc. (NYSE: LTC) will release its fourth-quarter earnings on February 15, 2024, with a conference call the following day to discuss the performance and operating results for the quarter ended December 31, 2023. Interested parties can access the live conference call via webcast or phone, with a replay available afterward. The earnings release and supplemental information package will also be available on the company's website.
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LTC Properties Inc. (NYSE: LTC) announced the completion of its process involving its 35-property Brookdale Senior Living portfolio, with net proceeds of $23 million and anticipated net gain of $17 million related to property sales. Revenue from the portfolio will be fully replaced through new leases, interest related to seller financing, and pre-invested proceeds at a weighted average yield of 8.5%. The transactions reduce LTC’s revenue concentration from Brookdale by 40%. The company also provided seller financing collateralized by two of the Florida properties, with a total of 92 units.
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LTC Properties, Inc. (NYSE: LTC) to participate in Stifel 2024 Virtual Seniors Housing & Healthcare Real Estate Conference. The real estate investment trust investing in seniors housing and health care properties will have senior management presenting on January 9, 2024.
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LTC Properties, Inc.

NYSE:LTC

LTC Rankings

LTC Stock Data

1.46B
42.16M
2.01%
73%
3.44%
Other Financial Vehicles
Finance and Insurance
Link
United States of America
WESTLAKE VILLAGE

About LTC

ltc properties, inc. is a real estate company based out of 2829 townsgate rd, westlake village, california, united states.