Contrasting LTC Properties (LTC) & Its Peers

LTC Properties (NYSE: LTC) is one of 26 public companies in the “Healthcare REITs” industry, but how does it weigh in compared to its competitors? We will compare LTC Properties to related companies based on the strength of its earnings, risk, analyst recommendations, dividends, valuation, profitability and institutional ownership.

Institutional and Insider Ownership

81.5% of LTC Properties shares are held by institutional investors. Comparatively, 84.3% of shares of all “Healthcare REITs” companies are held by institutional investors. 1.5% of LTC Properties shares are held by company insiders. Comparatively, 1.9% of shares of all “Healthcare REITs” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Earnings & Valuation

This table compares LTC Properties and its competitors gross revenue, earnings per share and valuation.

Gross Revenue EBITDA Price/Earnings Ratio
LTC Properties $167.79 million $147.45 million 20.40
LTC Properties Competitors $863.81 million $523.61 million 38.09

LTC Properties’ competitors have higher revenue and earnings than LTC Properties. LTC Properties is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Analyst Recommendations

This is a breakdown of recent recommendations for LTC Properties and its competitors, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
LTC Properties 1 6 3 0 2.20
LTC Properties Competitors 133 733 650 12 2.35

LTC Properties currently has a consensus price target of $50.17, indicating a potential upside of 7.86%. As a group, “Healthcare REITs” companies have a potential upside of 6.21%. Given LTC Properties’ higher probable upside, equities analysts clearly believe LTC Properties is more favorable than its competitors.

Dividends

LTC Properties pays an annual dividend of $2.28 per share and has a dividend yield of 4.9%. LTC Properties pays out 100.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Healthcare REITs” companies pay a dividend yield of 5.3% and pay out 124.0% of their earnings in the form of a dividend. LTC Properties has raised its dividend for 5 consecutive years.

Profitability

This table compares LTC Properties and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
LTC Properties 53.36% 11.99% 6.41%
LTC Properties Competitors 36.31% 7.82% 3.91%

Risk and Volatility

LTC Properties has a beta of 0.16, suggesting that its stock price is 84% less volatile than the S&P 500. Comparatively, LTC Properties’ competitors have a beta of 0.49, suggesting that their average stock price is 51% less volatile than the S&P 500.

Summary

LTC Properties competitors beat LTC Properties on 10 of the 15 factors compared.

LTC Properties Company Profile

LTC Properties Inc. is a healthcare real estate investment trust (REIT). The Company invests in senior housing and healthcare properties through sale-leaseback transactions, mortgage financing and structured finance solutions, including mezzanine lending. It invests in various properties, including Skilled nursing facilities (SNF), Assisted living facilities (ALF), Independent living facilities (ILF), Memory care facilities (MC) and Range of care facilities (ROC). SNF provides restorative, rehabilitative and nursing care. Many skilled nursing facilities provide ancillary services that include occupational, speech, physical, respiratory and IV therapies, as well as sub-acute care services, which are paid either by the patient, the patient’s family, private health insurance, or through the federal Medicare or state Medicaid programs. ALF serves people requiring assistance with activities of daily living, but do not require the constant supervision skilled nursing facilities provide.

What are top analysts saying about LTC Properties Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for LTC Properties Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit