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

LTC Properties (NYSE:LTC) released its earnings results on Tuesday. The real estate investment trust reported $6.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $5.69, FiscalAI reports. The company 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 11.42% and a net margin of 38.84%. LTC Properties’s quarterly revenue was up 66.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.72 earnings per share.

LTC Properties Price Performance

Shares of NYSE LTC traded up $0.33 during midday trading on Wednesday, hitting $46.13. 978,015 shares of the company’s stock were exchanged, compared to its average volume of 503,868. LTC Properties has a 12-month low of $33.64 and a 12-month high of $46.92. 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 $2.49 billion, a price-to-earnings ratio of 17.07 and a beta of 0.55. The business’s fifty day moving average price is $42.69 and its two-hundred day moving average price is $39.58.

LTC Properties Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Wednesday, December 23rd will be given a dividend of $0.19 per share. This represents a $2.28 dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date is Wednesday, December 23rd. LTC Properties’s dividend payout ratio (DPR) is 84.13%.

Insiders Place Their Bets

In related news, Director David Gruber bought 3,500 shares of the company’s stock in a transaction on Tuesday, August 11th. The stock was acquired 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 directly owned 47,545 shares in the company, valued at $1,820,973.50. This trade represents a 7.95% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 2.20% of the stock is owned by corporate insiders.

Key Stories Impacting LTC Properties

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

• Positive Sentiment: Core FFO was $0.71 per share, in line with FactSet’s estimate and slightly above Zacks’ $0.70 consensus; it was up from $0.69 a year earlier. Revenue of about $115.2 million substantially exceeded the $86.3 million estimate, with reported year-over-year growth of 66.3%. Article: LTC Properties Beats Q3 FFO and Revenue Estimates
• Positive Sentiment: LTC announced a $62 million Florida senior-housing acquisition, exceeding the midpoint of its 2026 SHOP acquisition guidance, and added Grace Management to its senior housing operating portfolio. The deal and continued SHOP momentum may support future growth, though acquisitions also require capital. Article: LTC Tops 2026 Mid-Point SHOP Acquisition Guidance
• Negative Sentiment: Despite the quarterly strength, one report characterized 2026 guidance as disappointing, which could limit the market’s response to the earnings and raise questions about the pace of growth ahead. Article: LTC Reports Strong Q3 Earnings; 2026 Guidance Fails to Impress

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Royal Bank Of Canada increased their price objective on LTC Properties from $45.00 to $52.00 and gave the company an “outperform” rating in a report on Friday, October 2nd. Nomura raised LTC Properties to a “neutral” rating in a research report on Friday, August 14th. Huntington began coverage on LTC Properties in a research note on Thursday, September 10th. They set an “outperform” rating and a $47.00 price target for the company. Wells Fargo & Company lifted their price objective on LTC Properties from $42.00 to $43.00 and gave the stock an “equal weight” rating in a report on Monday, October 19th. Finally, Deutsche Bank Aktiengesellschaft upgraded 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. Five equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price 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.