RT BSCN (@BSCNews)😴 DON'T SLEEP ON $LTC... Is @litecoin the OG crypto ecosystem that you've been sleeping on? Don't get left behind... 👇https://t.co/p8otFkSNti ...

Core Insights - Healthcare stocks have remained stagnant since April, contrasting with a 27% rise in the S&P 500, which raises interest for contrarian investors [2] - Seven healthcare stocks offer yields up to 7.1%, indicating potential investment opportunities due to their underperformance relative to the broader market [2] Group 1: High Yield Healthcare Stocks - Omega Healthcare Investors (OHI) has a yield of 6.4% and operates skilled nursing and assisted living facilities, with a portfolio of 93,961 beds across over 1,000 properties [3] - OHI has shown progress by beating estimates for adjusted funds from operations (AFFO) and raising its full-year AFFO guidance, while also acquiring 57 properties [4] - LTC Properties (LTC) offers a 6.3% yield and is transitioning some contracts to RIDEA-structured contracts, which could enhance growth potential [7][8] - Healthpeak Properties (DOC) has a yield of 7.0% and a diversified portfolio, but may face growth challenges due to headwinds in its life sciences segment [10] - Sila Realty Trust (SILA) has a yield of 6.4% and has shown a nearly 20% total return since its IPO, with a strong financial position [11][12] - Siga Technologies (SIGA) offers a high yield of 7.1% but is concentrated on a single product, TPOXX, which limits diversification [13][21] - Bristol-Myers Squibb (BMY) has a yield of 5.3% and a market cap of nearly $100 billion, but has underperformed significantly over the past five years [14][15] - Pfizer (PFE) has a yield of 6.9% and is facing challenges with declining COVID drug sales and upcoming patent expirations, leading to a high yield not seen since the Great Recession [18][19] Group 2: Market Context and Challenges - The healthcare sector is facing uncertainties including potential cuts to Medicaid, health research funding, and initiatives aimed at lowering drug costs [6] - The overall healthcare market has underperformed compared to the S&P 500, with BMY experiencing a 25% decline in price over the past five years [15] - Pfizer is targeting over $7 billion in cost savings by the end of 2027, but its long-term prospects depend on the success of its product pipeline [19][20]

Core Insights - Albert Anthony is a Croatian-American business author and media contributor with a focus on financial markets, launching a book titled "Financial Markets: The Next Generation" in 2025 [1] - He has a non-traditional financial background, having worked as an analyst in the IT sector for Fortune 500 companies, which has aided in establishing his own equities research firm, Albert Anthony & Company, in 2021 [1] - The firm operates 100% remotely, reflecting a modern approach to financial analysis and research [1] Company Overview - Albert Anthony & Company was founded in 2021 and specializes in equities research, leveraging a data-driven and process-oriented methodology [1] - The company does not engage in writing about non-publicly traded companies, small cap stocks, or startup CEOs, focusing instead on publicly available data [1] Media Presence - Albert Anthony has a significant media presence, contributing to platforms like Seeking Alpha and Investing.com, and plans to launch a YouTube show titled "Financial Markets with Albert Anthony" in 2025 [1] - He has over 1,000 followers on Seeking Alpha, indicating a growing audience for his market commentary [1] Educational Background - Albert Anthony has completed degrees and ongoing training from institutions such as Drew University and the Corporate Finance Institute, enhancing his expertise in financial analysis [1] Additional Activities - In addition to his financial commentary, Albert Anthony has participated in European casting agencies and has had extra roles in over five productions, showcasing a diverse skill set [1]

Core Points - Lotus Creek Exploration Inc. has granted 224,000 stock options to Mitchell Harris following his appointment as Vice President, Finance and Chief Financial Officer effective August 6, 2025 [1] - The stock options are exercisable at a price of $1.34 per common share and will expire 30 business days after the date of vesting [1] - The vesting of the stock options will occur in twelve equal quarterly tranches from September 2026 to June 2029 [1]

Core Insights - Lotus Creek Exploration Inc. announced its second quarter 2025 operating results and the appointment of a new Chief Financial Officer, Mitchell Harris [1][12][13] Operations Update - The company commenced its Belly River drilling program in Central Alberta, planning to drill and complete 2 gross (2.0 net) light oil wells expected to be operational by late Q3 2025 [3] - Additional drilling of 2 gross (2.0 net) light oil Belly River wells is planned for later in the year [3] - Production for Q2 2025 was 1,627 barrels of oil equivalent per day (boe/d), consisting of 970 barrels per day (bbl/d) of light oil, 243 bbl/d of natural gas liquids (NGLs), and 2,481 thousand cubic feet per day (mcf/d) of natural gas, remaining flat from Q1 2025 [6] Financial Performance - Adjusted funds from operations (Adjusted FFO) for Q2 2025 were $2.0 million, up from $1.6 million in Q1 2025, despite a decrease in commodity prices [6] - The company invested $3.4 million in capital during Q2 2025, including initial costs for a new oil battery in Wilson Creek with a capacity of 5,000 boe/d [6] - The working capital surplus at the end of Q2 2025 was $10.5 million, with access to a $35.0 million credit facility [6] 2025 Guidance - The company maintains its 2025 guidance, expecting significant production additions in September from 3 gross (3.0 net) Tucker Lake heavy oil wells and 2 gross (2.0 net) Belly River light oil wells [4][7] - Annual production guidance is set between 2,000 - 2,400 boe/d, with Q4 average production expected to be between 3,000 - 3,400 boe/d [8] Appointment of Chief Financial Officer - Mitchell Harris has been appointed as CFO and Vice-President, Finance, having served as Interim CFO since March 2025 and previously as Controller [12][14] - The leadership team expresses confidence in Harris's experience and knowledge of the company's assets [13] Company Overview - Lotus Creek is a Canadian exploration and production company focused on oil production in Central Alberta and Southeast Saskatchewan, with exploration assets in Tucker Lake and Central Alberta [15] - The company aims to be the fastest-growing, fully funded public junior oil and gas company in Canada, measuring shareholder value through profitable growth in earnings, cash flow, production, and reserves per debt-adjusted share [16]

Financial Data and Key Metrics Changes - Core FFO improved to $0.68 from $0.67, and Core FAD improved by $0.05 to $0.71 versus $0.66, primarily due to a decrease in interest expense and an increase in fair market rent resets and SHOP NOI [6][7] - The company increased its full year 2025 core FFO guidance range by $0.02 to $2.67 and $2.71, with the low end including only investments made to date and the high end including $320 million in expected investments [7][8] Business Line Data and Key Metrics Changes - The SHOP portfolio's average occupancy for the second quarter was 81%, with SHOP NOI totaling $2.5 million, representing an increase of approximately $780,000 compared to the previous year under triple net leases [11][12] - The company expects to collect $5.7 million in revenue from a portfolio of 14 properties, up 10% from the previous quarter and 64% from the previous year [10] Market Data and Key Metrics Changes - The company has increased its investment pipeline to $400 million for 2025, which will more than double the size of its existing SHOP portfolio and expand its SHOP operators to five [4][5] - The debt to annualized adjusted EBITDA for real estate was 4.2 times, and the annualized adjusted fixed charge coverage ratio was 5.1 times as of June 30 [7] Company Strategy and Development Direction - The company is focused on transforming from a small cap triple net REIT to a larger, more diversified senior housing-focused REIT through the initiation of a RIDEA platform [3][4] - The strategy includes recycling capital out of older skilled nursing assets into newer senior housing communities, with plans to sell seven skilled nursing centers for approximately $120 million [9][10] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's growth potential, emphasizing the importance of partnerships with strong regional operators in the senior housing market [12][13] - The management team highlighted the competitive landscape but believes that LTC's size provides a competitive advantage in pursuing smaller, accretive deals [33][34] Other Important Information - The company entered into a new four-year unsecured credit agreement with a group of banks, increasing aggregate commitments on the revolver from $425 million to $600 million [6][7] - The company is working to backfill its investment pipeline with several SHOP transactions for which letters of intent have already been issued [15][16] Q&A Session Summary Question: How does the company plan to fund new investments given the cost of equity? - The company anticipates funding on a leverage-neutral basis or potentially over-equitizing, blending in higher-yielding loans and utilizing sales proceeds of about $120 million expected at the end of the year [20] Question: What is the projected NOI growth for SHOP acquisitions in years two and three? - The company is projecting a stable growth rate of around 3% for the SHOP acquisitions, with considerable upside potential [22] Question: What is the potential for transitioning more properties to the SHOP platform? - The company indicated that the majority of growth for the SHOP platform will come from external growth, with a few additional properties potentially being added [25][26] Question: How large is the pipeline of additional SHOP LOIs? - The company is seeing more opportunities but is focused on executing remaining investments in the pipeline, targeting single asset transactions and stabilized properties [30][32] Question: Can the company provide an update on Prestige's loan prepayment? - Prestige will need to secure new financing to prepay the $175 million loan, likely through HUD, and discussions are ongoing [41][42] Question: What are the company's long-term leverage targets? - The company aims to maintain a net debt to EBITDA ratio below five, currently sitting at 4.2, allowing flexibility for near-term investments [45][46]

Portfolio Overview - As of June 30, 2025, the company's gross investment totaled $2,109,864 thousand, diversified across 188 properties [28] - The triple-net portfolio ("NNN") comprises 108 properties with a gross investment of $1,154,836 thousand, representing 54.8% of the total investment [28] - The Seniors Housing Operating Portfolio ("SHOP") includes 13 properties, accounting for $174,847 thousand or 8.3% of the gross investment [28] - Mortgage loans represent $356,815 thousand or 16.9% of the gross investment [28] - Long-term investments, including the Owned Portfolio, Properties accounted for as Financing Receivables, and Long-Term Mortgage Loans (Prestige), constitute 92% of the company's Gross Investments [30] Financial Performance - The company's total debt stood at $696,457 thousand, with a weighted average interest rate of 4.3%, representing 30.4% of the total value [69] - Debt to Enterprise Value ratio is 29.4% [69] - Debt to Annualized Adjusted EBITDAre is 4.2x [69] - For the three months ended June 30, 2025, rental income was $30,177 thousand [91] - For the six months ended June 30, 2025, rental income was $61,621 thousand [91] Investment Activities - Approximately $320,000 thousand of investments are expected to close in the next 60 days, including a $60,000 thousand five-year mortgage loan and $260,000 thousand in SHOP investments [17] - The company purchased a 67-unit seniors housing community in CA for $35,200 thousand in July 2025 [16] Debt and Capital Structure - The company has a revolving line of credit with $168,550 thousand outstanding [69] - Subsequent to June 30, 2025, a new four-year unsecured credit agreement was entered into, increasing the aggregate commitment on the revolver from $425,000 thousand to $600,000 thousand [69]

LTC Properties (LTC 1.31%), a healthcare-focused real estate investment trust (REIT) specializing in senior housing and skilled nursing properties, reported results for Q2 2025 on August 4, 2025. The company posted materially higher diluted Core funds from operations (FFO) per share (non-GAAP) and revenue (GAAP) than expected, driven by substantial portfolio reinvestment and expansion of its seniors housing operating portfolio (SHOP) under the Real Estate Investment Diversification and Empowerment Act (RIDE ...

分组1 - LTC Properties reported quarterly funds from operations (FFO) of $0.68 per share, exceeding the Zacks Consensus Estimate of $0.67 per share, and up from $0.65 per share a year ago, representing an FFO surprise of +1.49% [1] - The company posted revenues of $30.18 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 7.81%, and down from $31.66 million year-over-year [2] - Over the last four quarters, LTC has surpassed consensus FFO estimates three times, but has only topped consensus revenue estimates once [2] 分组2 - The stock has underperformed the market, losing about 0.8% since the beginning of the year compared to the S&P 500's gain of 6.1% [3] - The current consensus FFO estimate for the coming quarter is $0.67 on revenues of $33.17 million, and for the current fiscal year, it is $2.67 on revenues of $129.74 million [7] - The Zacks Industry Rank for REIT and Equity Trust - Other is currently in the top 38% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition period from ____ to ____ Commission file number 1-11314 LTC PROPERTIES, INC. (Exact name of Registrant as specified in its charter) Maryland 71-0720518 3 ...