LTC Properties (NYSE:LTC) Releases Quarterly Earnings Results, Beats Expectations By $5.69 EPS

LTC Properties (NYSE:LTC) announced its quarterly earnings results on Tuesday. The real estate investment trust reported $6.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.70 by $5.69, FiscalAI reports. LTC Properties had a return on equity of 40.82% and a net margin of 127.38%. The firm had revenue of $114.08 million during the quarter, compared to analyst estimates of $86.30 million. During the same quarter in the previous year, the business earned $0.72 earnings per share. LTC Properties’s quarterly revenue was up 66.3% on a year-over-year basis.

LTC Properties Stock Performance

LTC Properties stock traded down $0.62 during mid-day trading on Thursday, hitting $45.71. The company had a trading volume of 570,901 shares, compared to its average volume of 507,253. The company has a market capitalization of $2.46 billion, a price-to-earnings ratio of 4.80 and a beta of 0.55. LTC Properties has a 12-month low of $33.64 and a 12-month high of $46.92. The company’s fifty day moving average is $42.81 and its 200-day moving average is $39.63. The company has a current ratio of 8.60, a quick ratio of 8.60 and a debt-to-equity ratio of 0.58.

LTC Properties Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Wednesday, December 23rd will be paid a $0.19 dividend. The ex-dividend date is Wednesday, December 23rd. This represents a $2.28 dividend on an annualized basis and a dividend yield of 5.0%. LTC Properties’s dividend payout ratio is presently 84.13%.

Key Headlines Impacting LTC Properties

Here are the key news stories impacting LTC Properties this week:

• Positive Sentiment: LTC reported third-quarter core FFO of $0.71 per share, slightly above the $0.70 consensus, while revenue of about $115 million exceeded estimates of $86.3 million. Results reflected growth in the senior housing operating portfolio (SHOP). Article: LTC Properties Beats Q3 FFO and Revenue Estimates
• Positive Sentiment: The company expects nearly $1 billion in 2026 investments and is aiming for SHOP to account for 50% of annualized NOI by year-end. LTC also reported a $62 million Florida senior-housing acquisition that puts it ahead of the midpoint of its acquisition guidance. The expansion could support future revenue and earnings growth. Article: LTC Expects About $1B of 2026 Acquisitions
• Positive Sentiment: Huntington initiated coverage of LTC with a strong-buy rating, adding a bullish analyst view. Huntington stock recommendations
• Neutral Sentiment: LTC appointed Eric Clark as senior vice president of corporate finance and investor relations; the announcement is a management change, with no immediate financial impact specified. Article: Clark Tapped as New LTC Properties VP
• Negative Sentiment: Despite the quarterly beat, coverage characterized LTC’s 2026 guidance as underwhelming. That outlook may temper investor enthusiasm about the strong results and planned acquisitions. Article: Strong Q3 Earnings, but 2026 Guidance Fails to Impress

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on LTC. Deutsche Bank Aktiengesellschaft raised shares of LTC Properties from a “hold” rating to a “buy” rating and set a $55.00 price objective on the stock in a research report on Thursday, August 27th. Nomura upgraded shares of LTC Properties to a “neutral” rating in a research note on Friday, August 14th. Weiss Ratings downgraded shares of LTC Properties from a “buy (b+)” rating to a “buy (b)” rating in a research note on Thursday, September 24th. Huntington initiated coverage on shares of LTC Properties in a report on Tuesday. They issued a “strong-buy” rating on the stock. Finally, Royal Bank Of Canada upped their price target on LTC Properties from $45.00 to $52.00 and gave the stock an “outperform” rating in a research report on Friday, October 2nd. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $47.40.

Insiders Place Their Bets

In other LTC Properties news, Director David Gruber bought 3,500 shares of the company’s stock in a transaction dated Tuesday, August 11th. The shares were purchased at an average cost of $38.30 per share, for a total transaction of $134,050.00. Following the transaction, the director directly owned 47,545 shares of the company’s stock, valued at approximately $1,820,973.50. The trade was a 7.95% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 2.20% of the company’s stock.

LTC Properties Company Profile

LTC Properties, Inc is a real estate investment trust (REIT) that invests in healthcare-related real estate. The company focuses primarily on properties serving older adults, including skilled nursing facilities, assisted living communities, memory care facilities and independent living properties.

LTC Properties generally generates revenue through long-term leases, mortgage loans and other investments involving healthcare operators and property owners. Its investment activities may include property acquisitions, sale-leaseback transactions, joint ventures and financing arrangements.