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

LTC Properties (NYSE:LTC) announced its quarterly earnings data on Tuesday. The real estate investment trust reported $6.39 EPS for the quarter, topping analysts’ consensus estimates of $0.70 by $5.69, FiscalAI reports. The firm had revenue of $114.08 million during the quarter, compared to analyst estimates of $86.30 million. LTC Properties had a return on equity of 37.19% and a net margin of 127.38%. The company’s revenue was up 66.3% on a year-over-year basis. During the same period last year, the company earned $0.72 earnings per share.

LTC Properties Trading Down 1.7%

NYSE LTC opened at $44.86 on Friday. The firm has a market cap of $2.52 billion, a P/E ratio of 4.70 and a beta of 0.55. The company has a debt-to-equity ratio of 0.58, a current ratio of 10.37 and a quick ratio of 8.60. The stock’s 50-day moving average is $42.99 and its 200-day moving average is $39.71. LTC Properties has a one year low of $33.64 and a one year high of $46.92.

LTC Properties Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Wednesday, December 23rd will be issued a $0.19 dividend. This represents a $2.28 annualized dividend and a dividend yield of 5.1%. The ex-dividend date is Wednesday, December 23rd. LTC Properties’s dividend payout ratio is 23.90%.

Insider Buying and Selling at LTC Properties

In other LTC Properties news, Director David Gruber acquired 3,500 shares of the business’s stock in a transaction dated Tuesday, August 11th. The shares were acquired at an average price of $38.30 per share, for a total transaction of $134,050.00. Following the acquisition, the director directly owned 47,545 shares of the company’s stock, valued at approximately $1,820,973.50. This trade represents a 7.95% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 2.20% of the stock is owned by company insiders.

Trending Headlines about LTC Properties

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

• Positive Sentiment: Huntington initiated coverage with a “Strong Buy” rating and forecasts earnings growth from $2.77 per share for the current year to $2.88 in 2027 and $3.03 in 2028. The projections offer a favorable outlook, though they are analyst estimates rather than announced results. Huntington rating
• Positive Sentiment: LTC expects to make nearly $1 billion in investments during 2026, with senior housing operating portfolio (SHOP) assets targeted to account for about half of annualized net operating income by year-end. The expansion could support future growth, while increasing the importance of successfully executing and integrating the investments. LTC acquisition plans
• Neutral Sentiment: LTC’s Q3 2026 earnings-call materials and transcript are available, but the provided article listings do not give additional results or guidance details to assess their impact. Q3 2026 earnings call transcript

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Huntington assumed coverage on shares of LTC Properties in a research report on Tuesday, November 3rd. They set a “strong-buy” rating on the stock. Royal Bank Of Canada raised their target price on shares of LTC Properties from $45.00 to $52.00 and gave the company an “outperform” rating in a research note on Friday, October 2nd. Weiss Ratings cut shares of LTC Properties from a “buy (b+)” rating to a “buy (b)” rating in a research report on Thursday, September 24th. Wells Fargo & Company boosted their price target on shares of LTC Properties from $42.00 to $43.00 and gave the stock an “equal weight” rating in a research note on Monday, October 19th. Finally, Nomura raised shares of LTC Properties to a “neutral” rating in a research note on Friday, August 14th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $47.40.

About LTC Properties

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.