Highest-materiality recent filing
LTC Properties enters $500M ATM equity program, replaces $400M program
New Equity Distribution Agreement allows sale of up to $500M of common stock at market.
LTC Q2 revenue up 64% to $98.9M; raises 2026 SHOP investment guidance mid-point to $900M
Q2 total revenues $98.9M vs $60.2M YoY; net income $29.5M ($0.56 diluted EPS) vs $14.9M ($0.32).
LTC Q1 revenue $95.4M (+95% YoY); SHOP acquisitions $108M, EPS $0.48 vs $0.45
Total revenues $95.4M, up 95% YoY from $49.0M; diluted EPS $0.48 vs $0.45.
Revenue $84.3M (+60% YoY); net income $101.6M vs $17.9M largely due to gains/transactions.
LTC Properties increases credit facility to $800M, adds term loans through 2032
Aggregate commitment increased from $600M to $800M via incremental facility and new term loans.
LTC reports Q3 net loss of $20.1M on $41.5M write-off; Core FFO rises; guidance raised
Total revenues $69.3M, up 24% YoY from $55.8M; net loss $(0.44)/share vs net income $0.66.
LTC Properties acquires five Wisconsin seniors housing communities for $195M
Acquired five seniors housing communities totaling 520 units in Wisconsin from local developers.
LTC Properties cuts 2025 GAAP EPS guidance by ~$0.88 on $41.5M non-cash write-off
GAAP net income guidance lowered to $2.57-$2.59/share from $3.45-$3.48 due to non-cash write-off of $41.5M effective interest receivable.
Total revenues $60.2M vs $50.1M YoY (+20%); diluted EPS $0.32 vs $0.44 YoY.
LTC Properties enters new $600M credit facility, ups capacity to $1.2B
New $600M unsecured revolving credit facility, expandable to $1.2B, matures July 21, 2029, with one-year extension option.
LTC Properties operator Genesis Healthcare files for Chapter 11 bankruptcy
Genesis filed for Chapter 11 bankruptcy on July 9, 2025; it leases 6 skilled nursing centers (782 beds) from LTC.
LTC Q1 revenue falls to $49M; Core FFO per share rises to $0.65; transitions 12 properties to SHOP
Total revenues $49.0M vs $51.4M YoY; diluted EPS $0.45 vs $0.56.
LTC Q4 2024 revenue $52.6M; net income down to $17.9M but FFO per share rises to $0.72
Q4 2024 total revenues $52.6M vs $50.2M a year ago (+4.8%).
Wendy Simpson, 75, becomes Executive Chairman, effective Dec 31, 2024; previously CEO since 2007.
LTC Q3 2024 net income $29.2M ($0.66/sh), revenues $55.8M up 13% YoY
Net income available to common stockholders $29.2M ($0.66 diluted EPS), up from $22.1M ($0.54) YoY.
LTC Q2 net income $19.2M, EPS $0.44; revenues rise to $50.1M
Net income available to common stockholders $19.2M vs $6.0M YoY; diluted EPS $0.44 vs $0.15.
LTC Q1 net income falls 27% to $24.1M; FFO per share rises to $0.69
Net income available to common stockholders of $24.1M ($0.56 diluted EPS) vs $32.9M ($0.80) year ago.
LTC Properties Q4 net income $28.1M, FFO $0.57/diluted; resolves Brookdale, cuts leverage to 5.5x
Net income $28.1M (diluted EPS $0.67) vs $17.8M ($0.44) a year ago; NAREIT FFO per share $0.57 vs $0.72.
LTC Q3 net income $22.05M ($0.54 EPS) vs $13.16M ($0.32) YoY; FFO $0.65
Net income $22.05M vs $13.16M; diluted EPS $0.54 vs $0.32; NAREIT FFO $0.65 vs $0.60.
LTC Q2 net income drops to $6M from $54M; records $12.1M impairment; FFO per share up to $0.66
Net income $6.0M ($0.15 diluted EPS) vs $54.1M ($1.36) YoY; includes $12.1M impairment on two assisted living communities.
LTC Q1 net income $32.9M, FFO $0.66; invests $179M in seniors housing
Net income $32.9M ($0.80 EPS) vs $14.3M ($0.36) YoY; NAREIT FFO $27.2M ($0.66).
LTC Q4 net income rises 40% YoY to $17.8M; announces $121.3M JV
Diluted EPS $0.44 vs $0.32; NAREIT FFO per share $0.72 vs $0.56.
LTC Properties Q3 2022 net income up 21% to $13.2M; FFO per share $0.60 vs $0.45 YoY
Diluted EPS $0.32 vs $0.28 YoY; net income available to common stockholders $13.2M, up from $10.9M.
LTC Q2 net income $54.1M ($1.36 EPS), FFO $0.64; acquires $51.5M in skilled nursing
Net income $54.1M ($1.36 diluted EPS) vs $18.1M ($0.46) in Q2 2021; FFO per share $0.64 vs $0.57.
LTC Properties issues $75M senior unsecured notes at 3.66% to repay credit line
$75M senior unsecured notes at 3.66%, avg. life ~10 yrs, mature May 2033.
LTC Q1 net income $14.3M ($0.36 EPS); FFO $0.60/share; acquires 4 SNFs for $51.5M
Net income $14.3M, up from $13.6M; diluted EPS $0.36 vs $0.35 YoY.
LTC Q4 2021 net income down 27% to $12.7M; FFO per share $0.56 vs $0.78 prior
Net income $12.7M ($0.32 diluted EPS), down from $17.5M ($0.45) YoY.
LTC Q3 2021 net income $10.9M; FFO $17.7M down 22% YoY on lease defaults
Net income $10.9M ($0.28 diluted EPS) vs $12.1M in Q3 2020; NAREIT FFO $17.7M ($0.45/share) down from $22.8M.
LTC Properties Q2 2021 net income $18.1M ($0.46/diluted) vs $1.8M ($0.05) YoY; FFO $0.57 per share
Net income available to common stockholders was $18.1M ($0.46/diluted) vs $1.8M ($0.05) in Q2 2020, boosted by $5.5M gain on sale.
On July 25, 2023, the Board of Directors of LTC Properties, Inc. elected Mr. David Gruber to the Board effective July 25, 2023.
Max materiality 0.85 · Median 0.65 · Most common event earnings