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

LTC Properties (NYSE:LTC) announced its quarterly earnings results on Tuesday. The real estate investment trust reported $6.39 EPS for the quarter, topping analysts’ consensus estimates of $0.70 by $5.69, FiscalAI reports. The business 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 11.42% and a net margin of 38.84%. The business’s quarterly revenue was up 66.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.72 EPS.

LTC Properties Stock Up 1.0%

LTC stock traded up $0.47 on Wednesday, reaching $46.27. 1,013,962 shares of the company traded hands, compared to its average volume of 504,103. LTC Properties has a one year low of $33.64 and a one year high of $46.92. 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 cap of $2.49 billion, a P/E ratio of 17.08 and a beta of 0.55. The firm has a fifty day simple moving average of $42.69 and a 200-day simple moving average of $39.58.

LTC Properties Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Thursday, December 31st. Investors 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 yield of 4.9%. The ex-dividend date of this dividend is Wednesday, December 23rd. LTC Properties’s dividend payout ratio (DPR) is 84.13%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on LTC. Huntington initiated coverage on LTC Properties in a research report on Thursday, September 10th. They issued an “outperform” rating and a $47.00 target price for the company. Weiss Ratings cut LTC Properties from a “buy (b+)” rating to a “buy (b)” rating in a research note on Thursday, September 24th. Deutsche Bank Aktiengesellschaft upgraded 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. Nomura upgraded LTC Properties to a “neutral” rating in a report on Friday, August 14th. Finally, Wells Fargo & Company raised their price objective on LTC Properties from $42.00 to $43.00 and gave the company an “equal weight” rating in a research report on Monday, October 19th. Five equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $47.40.

Key LTC Properties News

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

Insider Buying and Selling

In related news, Director David Gruber bought 3,500 shares of the company’s stock in a transaction on Tuesday, August 11th. The shares were acquired at an average cost of $38.30 per share, with a total value of $134,050.00. Following the completion of the acquisition, 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 purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company 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.