Strategic Shift | Explore LTC Properties' transition to RIDEA structure, aiming to boost organic growth and capture a larger share of property-level economics in senior housing |
Financial Health | LTC maintains strong financials with a "GREAT" health score, impressive gross profit margins, and consistent Core FFO performance amid market challenges |
Market Positioning | Delve into LTC's strategic deleveraging and capital deployment plans, setting the stage for potential asset base expansion in a favorable demographic landscape |
Future Prospects | Analyst price targets range from $36 to $40, reflecting optimism about LTC's growth potential despite challenges in identifying high-quality operating partners |
Metrics to compare | LTC | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipLTCPeersSector | |
|---|---|---|---|---|
P/E Ratio | 16.5x | 83.6x | 8.9x | |
PEG Ratio | 0.52 | 3.43 | 0.01 | |
Price/Book | 1.8x | 3.3x | 0.9x | |
Price / LTM Sales | 6.6x | 11.2x | 3.8x | |
Upside (Analyst Target) | 4.0% | 1.3% | 19.4% | |
Fair Value Upside | Unlock | −22.8% | 2.6% | Unlock |
LTC Properties, Inc. is a real estate investment trust (REIT) focused on seniors housing and health care properties, principally investing through SHOP, as well as triple-net leases, and joint ventures. The Company’s portfolio includes nearly 190 properties throughout the United States. Based on gross real estate investments, approximately 64% of the Company’s assets are seniors housing communities with the remainder skilled nursing centers. LTC Properties, Inc. was incorporated in 1992 and is based in Westlake Village, United States.