LTC Properties (NYSE:LTC) Announces Earnings Results, Beats Estimates By $5.69 EPS

LTC Properties (NYSE:LTC) posted its quarterly earnings data on Tuesday. The real estate investment trust reported $6.39 earnings per share for the quarter, topping the consensus estimate of $0.70 by $5.69, FiscalAI reports. The business had revenue of $114.08 million during the quarter, compared to analysts’ expectations of $86.30 million. LTC Properties had a net margin of 127.38% and a return on equity of 37.19%. LTC Properties’s revenue was up 66.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.72 earnings per share.

LTC Properties Stock Down 1.8%

Shares of NYSE:LTC opened at $45.50 on Friday. The company has a fifty day moving average of $42.90 and a 200-day moving average of $39.67. The company has a market capitalization of $2.56 billion, a PE ratio of 16.67 and a beta of 0.55. The company has a debt-to-equity ratio of 0.58, a quick ratio of 8.60 and a current ratio of 10.37. LTC Properties has a 52-week low of $33.64 and a 52-week high of $46.92.

LTC Properties Dividend Announcement

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

Analyst Ratings Changes

Several equities analysts have commented on the stock. Weiss Ratings lowered shares of LTC Properties from a “buy (b+)” rating to a “buy (b)” rating in a report on Thursday, September 24th. Huntington initiated coverage on shares of LTC Properties in a research report on Tuesday. They issued a “strong-buy” rating for the company. Royal Bank Of Canada upped their price target on shares of LTC Properties from $45.00 to $52.00 and gave the stock an “outperform” rating in a report on Friday, October 2nd. Nomura upgraded shares of LTC Properties to a “neutral” rating in a research report on Friday, August 14th. Finally, Wells Fargo & Company lifted their price objective on shares of LTC Properties from $42.00 to $43.00 and gave the company an “equal weight” rating in a research note on Monday, October 19th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $47.40.

Key LTC Properties News

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

• Positive Sentiment: Core FFO beat expectations. LTC reported third-quarter core funds from operations of $0.71 per share, above the $0.70 consensus estimate and up from $0.69 a year earlier. Revenue also increased year over year. Zacks Q3 results
• Positive Sentiment: Major acquisition activity points to growth. LTC expects roughly $1 billion in 2026 investments, while senior housing operating portfolio (SHOP) properties are targeted to contribute 50% of annualized net operating income by year-end. These plans could support future growth, though execution will matter. Acquisition and SHOP plans
• Positive Sentiment: New analyst coverage is bullish. Huntington initiated coverage with a “strong-buy” rating, adding a favorable analyst view, although one rating alone may have limited influence on the shares. Huntington rating
• Negative Sentiment: 2026 guidance may temper the earnings news. A market report characterized the outlook as unimpressive, creating a potential headwind despite the quarterly FFO beat and planned investment growth. Q3 results and guidance reaction

Insider Activity at LTC Properties

In other news, Director David Gruber purchased 3,500 shares of the business’s stock in a transaction dated Tuesday, August 11th. The shares were purchased at an average cost of $38.30 per share, with a total value of $134,050.00. Following the completion of the purchase, the director owned 47,545 shares of the company’s stock, valued at $1,820,973.50. This trade represents a 7.95% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. 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.