LTC Properties (NYSE:LTC – Get Free Report) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 2.750-2.790 for the period, compared to the consensus estimate of 2.220. The company issued revenue guidance of -. LTC Properties also updated its Q1 2026 guidance to 0.660-0.680 EPS.
LTC Properties Stock Down 0.5%
Shares of NYSE:LTC traded down $0.18 during trading on Tuesday, reaching $39.01. 350,609 shares of the stock traded hands, compared to its average volume of 418,064. The stock has a market cap of $1.86 billion, a P/E ratio of 54.18 and a beta of 0.62. The company has a debt-to-equity ratio of 0.90, a quick ratio of 8.68 and a current ratio of 8.68. The stock has a 50-day moving average of $36.43 and a two-hundred day moving average of $35.97. LTC Properties has a 52-week low of $31.70 and a 52-week high of $40.05.
LTC Properties Dividend Announcement
The firm also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 23rd will be issued a dividend of $0.19 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.8%. The ex-dividend date of this dividend is Monday, March 23rd. LTC Properties’s dividend payout ratio is presently 316.67%.
Wall Street Analysts Forecast Growth
Read Our Latest Research Report on LTC Properties
Insider Activity at LTC Properties
In other news, EVP David M. Boitano purchased 10,000 shares of the company’s stock in a transaction on Wednesday, December 31st. The stock was acquired at an average cost of $34.44 per share, for a total transaction of $344,400.00. Following the completion of the transaction, the executive vice president directly owned 25,626 shares in the company, valued at $882,559.44. This trade represents a 64.00% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. 2.00% of the stock is owned by company insiders.
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of LTC. Federation des caisses Desjardins du Quebec grew its holdings in LTC Properties by 27.0% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 3,626 shares of the real estate investment trust’s stock valued at $125,000 after buying an additional 772 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of LTC Properties during the 2nd quarter valued at approximately $154,000. Caitlin John LLC purchased a new position in shares of LTC Properties in the fourth quarter valued at $168,000. Tower Research Capital LLC TRC grew its holdings in shares of LTC Properties by 341.6% in the second quarter. Tower Research Capital LLC TRC now owns 4,946 shares of the real estate investment trust’s stock valued at $171,000 after purchasing an additional 3,826 shares in the last quarter. Finally, Virtus Advisers LLC bought a new stake in LTC Properties in the fourth quarter worth $179,000. Institutional investors own 69.25% of the company’s stock.
About LTC Properties
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.
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