LTC Properties (NYSE:LTC) Posts Quarterly Earnings Results

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

LTC Properties Stock Performance

LTC opened at $46.42 on Thursday. The business has a 50 day moving average price of $42.81 and a two-hundred day moving average price of $39.63. The company has a debt-to-equity ratio of 0.58, a current ratio of 8.60 and a quick ratio of 8.60. The company has a market capitalization of $2.50 billion, a price-to-earnings ratio of 16.48 and a beta of 0.55. LTC Properties has a 1-year low of $33.64 and a 1-year high of $46.92.

LTC Properties Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, December 31st. Investors of record on Wednesday, December 23rd will be issued a dividend of $0.19 per share. The ex-dividend date of this dividend is Wednesday, December 23rd. This represents a $2.28 annualized dividend and a yield of 4.9%. LTC Properties’s payout ratio is presently 84.13%.

Analysts Set New Price Targets

LTC has been the subject of a number of analyst reports. Royal Bank Of Canada boosted 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. Wells Fargo & Company raised their price target on LTC Properties from $42.00 to $43.00 and gave the company an “equal weight” rating in a report on Monday, October 19th. Weiss Ratings cut shares of LTC Properties from a “buy (b+)” rating to a “buy (b)” rating in a research note on Thursday, September 24th. Deutsche Bank Aktiengesellschaft upgraded 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 note on Thursday, August 27th. Finally, Huntington began coverage on shares of LTC Properties in a report on Thursday, September 10th. They issued an “outperform” rating and a $47.00 price objective for the company. Five equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $47.40.

Insider Activity

In other LTC Properties news, Director David Gruber acquired 3,500 shares of LTC Properties stock in a transaction dated Tuesday, August 11th. The stock was bought at an average price of $38.30 per share, for a total transaction of $134,050.00. Following the transaction, the director owned 47,545 shares in the company, 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 is available through this hyperlink. Company insiders own 2.20% of the company’s stock.

LTC Properties News Roundup

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

• Positive Sentiment: Q3 results topped expectations. LTC reported core FFO of $0.71 per share, above the $0.70 consensus and up from $0.69 a year earlier. Revenue of $115.2 million also exceeded the $86.3 million estimate, with growth supported by SHOP momentum. Q3 FFO and revenue estimates
• Positive Sentiment: Expanded SHOP investment activity. LTC announced a $62 million Florida senior-housing transaction, said it had exceeded the midpoint of its 2026 SHOP acquisition guidance, and welcomed Grace Management to its SHOP platform—developments that could support future growth. SHOP acquisition and platform update
• Neutral Sentiment: New finance and investor-relations executive. LTC appointed Eric Clark as senior vice president of corporate finance and investor relations; the appointment is a leadership update, with no immediate financial impact specified. Clark named LTC Properties VP
• Neutral Sentiment: Personal-finance articles featured LTC among monthly dividend stocks. This may reinforce investor interest in its income profile, but the articles do not report a change to the company’s dividend. Monthly dividend stocks article
• Negative Sentiment: 2026 guidance was less encouraging. Despite the strong quarter and acquisition activity, coverage noted that the company’s guidance failed to impress, a potential constraint on further gains if investors were expecting a stronger outlook. Q3 results and 2026 guidance

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.