LTC Properties (NYSE:LTC) Releases FY 2026 Earnings Guidance

LTC Properties (NYSE:LTC) issued an update on its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 2.760-2.780 for the period, compared to the consensus estimate of 2.770. The company issued revenue guidance of -.

LTC Properties Price Performance

LTC stock opened at $38.88 on Friday. The company has a quick ratio of 9.20, a current ratio of 9.20 and a debt-to-equity ratio of 0.73. LTC Properties has a 52 week low of $33.64 and a 52 week high of $43.00. The company has a fifty day simple moving average of $38.71 and a two-hundred day simple moving average of $38.45. The firm has a market capitalization of $1.99 billion, a P/E ratio of 14.37 and a beta of 0.56.

LTC Properties (NYSE:LTC) last issued its quarterly earnings data on Wednesday, August 5th. The real estate investment trust reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.08. The company had revenue of $98.08 million for the quarter, compared to analysts’ expectations of $79.01 million. LTC Properties had a return on equity of 11.95% and a net margin of 38.84%.The firm’s revenue for the quarter was up 63.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.68 earnings per share. LTC Properties has set its FY 2026 guidance at 2.760-2.780 EPS. Analysts anticipate that LTC Properties will post 2.8 earnings per share for the current fiscal year.

LTC Properties Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 22nd will be paid a dividend of $0.19 per share. This represents a c) annualized dividend and a dividend yield of 5.9%. The ex-dividend date of this dividend is Tuesday, September 22nd. LTC Properties’s payout ratio is currently 84.13%.

Analysts Set New Price Targets

LTC has been the subject of several recent research reports. Wells Fargo & Company lifted their price objective on LTC Properties from $39.00 to $40.00 and gave the company an “equal weight” rating in a report on Monday, June 1st. Cantor Fitzgerald lowered their price target on shares of LTC Properties from $42.00 to $40.00 and set a “neutral” rating for the company in a research report on Monday, May 11th. Citigroup reissued a “market outperform” rating on shares of LTC Properties in a report on Wednesday, June 10th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of LTC Properties in a report on Wednesday. Three analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $40.60.

Insider Activity at LTC Properties

In other news, Director David L. Gruber bought 4,000 shares of the stock in a transaction dated Thursday, May 21st. The shares were acquired at an average cost of $38.41 per share, with a total value of $153,640.00. Following the purchase, the director directly owned 44,045 shares in the company, valued at $1,691,768.45. The trade was a 9.99% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Timothy Triche sold 3,125 shares of LTC Properties stock in a transaction dated Monday, July 13th. The stock was sold at an average price of $39.54, for a total value of $123,562.50. Following the completion of the sale, the director owned 37,786 shares in the company, valued at approximately $1,494,058.44. The trade was a 7.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 2.20% of the company’s stock.

Institutional Investors Weigh In On LTC Properties

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Federation des caisses Desjardins du Quebec raised its stake in shares of LTC Properties by 27.0% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 3,626 shares of the real estate investment trust’s stock valued at $125,000 after acquiring an additional 772 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of LTC Properties in the 2nd quarter valued at $154,000. Caitlin John LLC purchased a new stake in shares of LTC Properties in the 4th quarter valued at $168,000. Tower Research Capital LLC TRC lifted its stake in LTC Properties by 341.6% during the 2nd quarter. Tower Research Capital LLC TRC now owns 4,946 shares of the real estate investment trust’s stock worth $171,000 after acquiring an additional 3,826 shares in the last quarter. Finally, Virtus Advisers LLC purchased a new position in LTC Properties during the 4th quarter valued at about $179,000. Institutional investors and hedge funds own 69.25% of the company’s stock.

LTC Properties Company Profile

LTC Properties, Inc (NYSE: LTC) is a real estate investment trust that specializes in financing and investing in long-term health care properties. The company focuses on providing capital to operators of senior housing and health care facilities through sale-leaseback transactions, mortgage financings and structured finance arrangements. Its portfolio primarily comprises skilled nursing facilities, assisted living communities and memory care centers.

Since its founding in 1992, LTC Properties has built a diversified portfolio of properties located across the United States.