LTC is a real estate investment trust (REIT) focused on seniors housing and health care properties, investing through RIDEA, triple-net leases, joint ventures, and structured finance solutions. The Company’s portfolio includes nearly 200 properties across approximately 25 states, operated by 25+ partners. Based on gross real estate investments, assets are evenly balanced between seniors housing and skilled nursing centers.
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 | 20.1x | 19.2x | 8.9x | |
PEG Ratio | −1.12 | 0.73 | 0.01 | |
Price/Book | 1.7x | 1.6x | 0.9x | |
Price / LTM Sales | 7.8x | 7.2x | 4.0x | |
Upside (Analyst Target) | 2.5% | 6.2% | 10.9% | |
Fair Value Upside | Unlock | −1.6% | −0.5% | Unlock |