LTC Properties (NYSE:LTC) Announces 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 for the quarter, topping analysts’ consensus estimates of $0.70 by $5.69, FiscalAI reports. LTC Properties had a net margin of 38.84% and a return on equity of 11.42%. The firm had revenue of $114.08 million during the quarter, compared to analysts’ expectations of $86.30 million. During the same period in the prior year, the company earned $0.72 EPS. The firm’s revenue was up 66.3% on a year-over-year basis.

LTC Properties Trading Down 1.7%

Shares of NYSE:LTC opened at $44.86 on Friday. The company has a current ratio of 8.60, a quick ratio of 8.60 and a debt-to-equity ratio of 0.58. The company has a market cap of $2.42 billion, a PE ratio of 16.35 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 stock has a 50 day moving average of $42.99 and a 200 day moving average of $39.71.

LTC Properties Announces Dividend

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

LTC Properties News Roundup

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

Insider Buying and Selling at LTC Properties

In other LTC Properties news, Director David Gruber purchased 3,500 shares of the stock in a transaction that occurred on 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 completion of the transaction, the director owned 47,545 shares of the company’s stock, valued at $1,820,973.50. The trade was a 7.95% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. 2.20% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

LTC has been the topic of a number of research analyst reports. Wells Fargo & Company boosted 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 report on Monday, October 19th. Nomura upgraded shares of LTC Properties to a “neutral” rating in a research note on Friday, August 14th. Huntington assumed coverage on shares of LTC Properties in a research report on Tuesday. They set a “strong-buy” rating on the stock. Royal Bank Of Canada boosted their target price on LTC Properties from $45.00 to $52.00 and gave the stock an “outperform” rating in a research report on Friday, October 2nd. Finally, Deutsche Bank Aktiengesellschaft raised shares of LTC Properties from a “hold” rating to a “buy” rating and set a $55.00 price objective for the company in a report on Thursday, August 27th. One 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’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average 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.