LTC Properties (NYSE:LTC) Issues FY 2026 Earnings Guidance

LTC Properties (NYSE:LTC) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 2.760-2.780 for the period, compared to the consensus earnings per share estimate of 2.770. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on LTC shares. Weiss Ratings upgraded LTC Properties from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 8th. Wells Fargo & Company increased their price target on LTC Properties from $39.00 to $40.00 and gave the company an “equal weight” rating in a report on Monday, June 1st. Cantor Fitzgerald dropped their price target on shares of LTC Properties from $42.00 to $40.00 and set a “neutral” rating on the stock in a research report on Monday, May 11th. Finally, Citigroup restated a “market outperform” rating on shares of LTC Properties in a research note on Wednesday, June 10th. Three investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $40.60.

LTC Properties Stock Performance

LTC Properties stock traded up $0.30 during trading hours on Wednesday, hitting $38.78. The stock had a trading volume of 457,048 shares, compared to its average volume of 463,302. The company has a 50-day moving average of $38.67 and a two-hundred day moving average of $38.41. The company has a quick ratio of 9.20, a current ratio of 9.20 and a debt-to-equity ratio of 0.73. The company has a market cap of $1.98 billion, a PE ratio of 15.70 and a beta of 0.56. LTC Properties has a fifty-two week low of $33.64 and a fifty-two week high of $43.00.

LTC Properties (NYSE:LTC) last announced its quarterly earnings data on Wednesday, August 5th. The real estate investment trust reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.20. The company had revenue of $98.08 million for the quarter, compared to analyst estimates of $79.01 million. LTC Properties had a return on equity of 10.87% and a net margin of 38.99%.LTC Properties’s revenue for the quarter was up 63.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.68 EPS. LTC Properties has set its FY 2026 guidance at 2.760-2.780 EPS. On average, equities research analysts anticipate that LTC Properties will post 2.8 EPS for the current fiscal year.

LTC Properties Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 22nd will be paid a dividend of $0.19 per share. The ex-dividend date is Tuesday, September 22nd. This represents a c) dividend on an annualized basis and a yield of 5.9%. LTC Properties’s payout ratio is currently 92.31%.

Insider Buying and Selling at LTC Properties

In other LTC Properties news, EVP David M. Boitano acquired 10,000 shares of the company’s stock in a transaction dated Thursday, June 4th. The stock was bought at an average price of $34.77 per share, for a total transaction of $347,700.00. Following the purchase, the executive vice president owned 46,160 shares in the company, valued at $1,604,983.20. This represents a 27.65% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director David L. Gruber bought 4,000 shares of the firm’s stock in a transaction dated Thursday, May 21st. The shares were acquired at an average price of $38.41 per share, for a total transaction of $153,640.00. Following the completion of the transaction, the director owned 44,045 shares in the company, valued at $1,691,768.45. This represents a 9.99% increase in their position. The SEC filing for this purchase provides additional information. Insiders own 2.20% of the company’s stock.

Institutional Trading of LTC Properties

Several institutional investors have recently bought and sold shares of LTC. Federation des caisses Desjardins du Quebec raised its stake in LTC Properties by 27.0% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 3,626 shares of the real estate investment trust’s stock worth $125,000 after acquiring an additional 772 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of LTC Properties in the 2nd quarter valued at $154,000. Caitlin John LLC acquired a new stake in shares of LTC Properties in the 4th quarter valued at $168,000. Tower Research Capital LLC TRC grew its holdings in shares of LTC Properties by 341.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,946 shares of the real estate investment trust’s stock worth $171,000 after purchasing an additional 3,826 shares during the last quarter. Finally, Virtus Advisers LLC bought a new stake in shares of LTC Properties in the 4th quarter worth about $179,000. Institutional investors and hedge funds own 69.25% of the company’s stock.

LTC Properties Company Profile

LTC Properties, Inc (NYSE: LTC) is a real estate investment trust that specializes in financing and investing in long-term health care properties. The company focuses on providing capital to operators of senior housing and health care facilities through sale-leaseback transactions, mortgage financings and structured finance arrangements. Its portfolio primarily comprises skilled nursing facilities, assisted living communities and memory care centers.

Since its founding in 1992, LTC Properties has built a diversified portfolio of properties located across the United States.