LTC Properties (NYSE:LTC) Sets New 52-Week High on Strong Earnings

Posted by Francis Steltz on Nov 5th, 2026

LTC Properties, Inc. (NYSE:LTC – Get Free Report) shares hit a new 52-week high during trading on Tuesday following a stronger than expected earnings report. The company traded as high as $45.85 and last traded at $45.9850, with a volume of 64,884 shares trading hands. The stock had previously closed at $45.14.

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. LTC Properties had a net margin of 127.38% and a return on equity of 40.82%. The company had revenue of $114.08 million during the quarter, compared to analyst estimates of $86.30 million. During the same period in the previous year, the business posted $0.72 earnings per share. The firm’s quarterly revenue was up 66.3% compared to the same quarter last year.

LTC Properties Announces Dividend

The firm also recently disclosed 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. The ex-dividend date of this dividend is Wednesday, December 23rd. This represents a $2.28 dividend on an annualized basis and a dividend yield of 5.0%. LTC Properties’s payout ratio is presently 84.13%.

Key LTC Properties News

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

Positive Sentiment: Third-quarter core FFO was $0.71 per share, topping the $0.70 consensus estimate and up from $0.69 a year earlier. Revenue and core FFO also increased, reflecting continued SHOP (senior housing operating portfolio) momentum. LTC Properties Beats Q3 FFO and Revenue Estimates
Positive Sentiment: LTC expects nearly $1 billion in 2026 investments and acquisitions, while targeting SHOP to account for 50% of annualized net operating income by year-end. The expansion could support future growth, though it also raises execution considerations. LTC acquisition and SHOP targets
Positive Sentiment: Huntington initiated coverage with a “strong-buy” rating, adding a bullish analyst view. Huntington stock recommendations
Negative Sentiment: Despite the quarterly beat and investment plans, coverage of the results characterized LTC’s 2026 guidance as underwhelming. That outlook may be limiting investor enthusiasm for the otherwise favorable results. LTC Q3 earnings and guidance

Analyst Ratings Changes

LTC has been the topic of several analyst reports. Nomura upgraded LTC Properties to a “neutral” rating in a research report on Friday, August 14th. Weiss Ratings cut LTC Properties from a “buy (b+)” rating to a “buy (b)” rating in a research report on Thursday, September 24th. Huntington began coverage on LTC Properties in a research note on Tuesday. They issued a “strong-buy” rating on the stock. Royal Bank Of Canada lifted their price objective on LTC Properties from $45.00 to $52.00 and gave the company an “outperform” rating in a research report on Friday, October 2nd. Finally, Deutsche Bank Aktiengesellschaft raised LTC Properties from a “hold” rating to a “buy” rating and set a $55.00 price objective on the stock in a research report on Thursday, August 27th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, LTC Properties currently has an average rating of “Moderate Buy” and a consensus target price of $47.40.

Read Our Latest Report on LTC

Insider Activity at LTC Properties

In other news, Director David Gruber bought 3,500 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The stock was bought at an average price of $38.30 per share, with a total value of $134,050.00. Following the acquisition, the director owned 47,545 shares of the company’s stock, valued at approximately $1,820,973.50. This represents a 7.95% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 2.20% of the stock is owned by insiders.

Institutional Investors Weigh In On LTC Properties

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Maryland State Retirement & Pension System boosted its stake in shares of LTC Properties by 58.5% in the third quarter. Maryland State Retirement & Pension System now owns 11,902 shares of the real estate investment trust’s stock worth $510,000 after acquiring an additional 4,391 shares during the period. Jacobi Capital Management LLC bought a new stake in LTC Properties during the 3rd quarter valued at approximately $66,000. Knights of Columbus Asset Advisors LLC bought a new stake in LTC Properties during the 3rd quarter valued at approximately $2,946,000. 180 Wealth Advisors LLC bought a new stake in LTC Properties during the 3rd quarter valued at approximately $330,000. Finally, Heritage Family Offices LLP purchased a new position in LTC Properties in the 3rd quarter worth approximately $68,000. 69.25% of the stock is owned by institutional investors.

LTC Properties Trading Down 1.8%

The company has a debt-to-equity ratio of 0.58, a quick ratio of 8.60 and a current ratio of 8.60. The company has a market capitalization of $2.45 billion, a PE ratio of 4.77 and a beta of 0.55. The stock has a fifty day moving average of $42.90 and a 200 day moving average of $39.67.

LTC Properties Company Profile

(Get Free Report)

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.