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MarketScreener Homepage  >  Equities  >  Nyse  >  LTC Properties, Inc.    LTC

LTC PROPERTIES, INC.

(LTC)
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LTC: 3Q Earnings Snapshot

10/29/2020 | 05:55pm EST

WESTLAKE VILLAGE, Calif. (AP) _ LTC Properties Inc. (LTC) on Thursday reported a key measure of profitability in its third quarter. The results did not meet Wall Street expectations.

The real estate investment trust, based in Westlake Village, California, said it had funds from operations of $22.8 million, or 58 cents per share, in the period.

The average estimate of three analysts surveyed by Zacks Investment Research was for funds from operations of 71 cents per share.

Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.

The company said it had net income of $12.1 million, or 31 cents per share.

The real estate investment trust posted revenue of $38.2 million in the period. Its adjusted revenue was $30 million.

The company's shares have fallen 26% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $33.34, a decline of 35% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LTC at https://www.zacks.com/ap/LTC

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News

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Financials (USD)
Sales 2020 157 M - -
Net income 2020 95,8 M - -
Net Debt 2020 609 M - -
P/E ratio 2020 17,0x
Yield 2020 5,54%
Capitalization 1 616 M 1 616 M -
EV / Sales 2020 14,2x
EV / Sales 2021 12,4x
Nbr of Employees 22
Free-Float 98,2%
Chart LTC PROPERTIES, INC.
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LTC Properties, Inc. Technical Analysis Chart | MarketScreener
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Technical analysis trends LTC PROPERTIES, INC.
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 10
Average target price 36,50 $
Last Close Price 41,19 $
Spread / Highest target 6,82%
Spread / Average Target -11,4%
Spread / Lowest Target -19,9%
EPS Revisions
Managers and Directors
NameTitle
Wendy L. Simpson Chairman & Chief Executive Officer
Pamela J. Shelley-Kessler Co-President, Chief Financial Officer & Secretary
Clint B. Malin Co-President & Chief Investment Officer
Timothy J. Triche Independent Director
Boyd W. Hendrickson Lead Independent Director
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