LTC Properties (NYSE:LTC) Posts Quarterly Earnings Results, Beats Expectations By $0.08 EPS

Posted by Brenda Bartman on Aug 6th, 2026

LTC Properties (NYSE:LTC – Get Free Report) posted its quarterly earnings results on Wednesday. The real estate investment trust reported $0.56 earnings per share for the quarter, beating analysts’ consensus estimates of $0.48 by $0.08, FiscalAI reports. LTC Properties had a return on equity of 10.87% and a net margin of 38.99%.The firm had revenue of $98.08 million for the quarter, compared to the consensus estimate of $79.01 million. During the same period in the previous year, the business earned $0.68 earnings per share. The company’s revenue for the quarter was up 63.6% compared to the same quarter last year. LTC Properties updated its FY 2026 guidance to 2.760-2.780 EPS.

LTC Properties Stock Up 0.4%

LTC stock opened at $38.86 on Thursday. LTC Properties has a twelve month low of $33.64 and a twelve month high of $43.00. 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 $1.99 billion, a PE ratio of 15.72 and a beta of 0.56. The business’s 50-day simple moving average is $38.68 and its 200 day simple moving average is $38.43.

LTC Properties Dividend Announcement

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

Insiders Place Their Bets

In other news, Director Timothy Triche sold 3,125 shares of the business’s stock in a transaction dated Monday, July 13th. The stock was sold at an average price of $39.54, for a total transaction of $123,562.50. Following the completion of the transaction, the director directly owned 37,786 shares in the company, valued at approximately $1,494,058.44. The trade was a 7.64% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director David L. Gruber bought 4,000 shares of the firm’s stock in a transaction on Thursday, May 21st. The stock was acquired at an average cost of $38.41 per share, with a total value of $153,640.00. Following the completion of the purchase, the director owned 44,045 shares of the company’s stock, valued at approximately $1,691,768.45. This trade represents a 9.99% increase in their position. The SEC filing for this purchase provides additional information. Corporate insiders own 2.20% of the company’s stock.

Hedge Funds Weigh In On LTC Properties

Hedge funds have recently modified their holdings of the stock. State Street Corp grew its stake in LTC Properties by 2.0% in the second quarter. State Street Corp now owns 3,163,763 shares of the real estate investment trust’s stock valued at $109,498,000 after purchasing an additional 61,678 shares in the last quarter. Geode Capital Management LLC lifted its stake in LTC Properties by 1.0% in the fourth quarter. Geode Capital Management LLC now owns 1,266,992 shares of the real estate investment trust’s stock valued at $43,566,000 after acquiring an additional 12,547 shares during the last quarter. Nuveen LLC increased its stake in shares of LTC Properties by 5.9% during the 4th quarter. Nuveen LLC now owns 682,198 shares of the real estate investment trust’s stock worth $23,454,000 after purchasing an additional 38,202 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in LTC Properties by 3.6% in the 3rd quarter. Dimensional Fund Advisors LP now owns 655,717 shares of the real estate investment trust’s stock valued at $24,169,000 after purchasing an additional 22,908 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in LTC Properties by 0.6% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 605,812 shares of the real estate investment trust’s stock worth $22,330,000 after buying an additional 3,875 shares during the last quarter. Institutional investors own 69.25% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Wells Fargo & Company upped their target price on shares of 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 lowered their target price on LTC Properties from $42.00 to $40.00 and set a “neutral” rating for the company in a report on Monday, May 11th. Citigroup reaffirmed a “market outperform” rating on shares of LTC Properties in a report on Wednesday, June 10th. Finally, Weiss Ratings upgraded shares of LTC Properties from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 8th. Three investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $40.60.

Get Our Latest Stock Analysis on LTC

LTC Properties Company Profile

(Get Free Report)

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.