LTC Properties, Inc. (NYSE:LTC – Get Free Report) has received an average recommendation of “Moderate Buy” from the eight analysts that are presently covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price target among analysts that have covered the stock in the last year is $47.40.
Several brokerages have recently issued reports on LTC. Nomura raised LTC Properties to a “neutral” rating in a report on Friday, August 14th. Deutsche Bank Aktiengesellschaft raised shares of LTC Properties from a “hold” rating to a “buy” rating and set a $55.00 price target on the stock in a research note on Thursday, August 27th. Huntington started coverage on shares of LTC Properties in a research report on Thursday, September 10th. They set an “outperform” rating and a $47.00 price objective for the company. Wells Fargo & Company lifted their price objective on shares of LTC Properties from $42.00 to $43.00 and gave the stock an “equal weight” rating in a research note on Monday, October 19th. Finally, Royal Bank Of Canada boosted their target price on shares of LTC Properties from $45.00 to $52.00 and gave the stock an “outperform” rating in a report on Friday, October 2nd.
Read Our Latest Stock Analysis on LTC
Key Headlines Impacting LTC Properties
Here are the key news stories impacting LTC Properties this week:
- Positive Sentiment: Q3 results topped expectations. LTC reported core FFO of $0.71 per share, above the $0.70 consensus and up from $0.69 a year earlier. Revenue of $115.2 million also exceeded the $86.3 million estimate, with growth supported by SHOP momentum. Q3 FFO and revenue estimates
- Positive Sentiment: Expanded SHOP investment activity. LTC announced a $62 million Florida senior-housing transaction, said it had exceeded the midpoint of its 2026 SHOP acquisition guidance, and welcomed Grace Management to its SHOP platform—developments that could support future growth. SHOP acquisition and platform update
- Neutral Sentiment: New finance and investor-relations executive. LTC appointed Eric Clark as senior vice president of corporate finance and investor relations; the appointment is a leadership update, with no immediate financial impact specified. Clark named LTC Properties VP
- Neutral Sentiment: Personal-finance articles featured LTC among monthly dividend stocks. This may reinforce investor interest in its income profile, but the articles do not report a change to the company’s dividend. Monthly dividend stocks article
- Negative Sentiment: 2026 guidance was less encouraging. Despite the strong quarter and acquisition activity, coverage noted that the company’s guidance failed to impress, a potential constraint on further gains if investors were expecting a stronger outlook. Q3 results and 2026 guidance
LTC Properties Trading Up 1.4%
Shares of LTC stock opened at $46.42 on Thursday. The company has a current ratio of 8.60, a quick ratio of 8.60 and a debt-to-equity ratio of 0.58. The stock has a market capitalization of $2.50 billion, a price-to-earnings ratio of 16.48 and a beta of 0.55. LTC Properties has a 12-month low of $33.64 and a 12-month high of $46.92. The stock’s 50-day moving average price is $42.81 and its 200-day moving average price is $39.63.
LTC Properties (NYSE:LTC – Get Free Report) last announced its quarterly earnings results on Tuesday, November 3rd. The real estate investment trust reported $6.39 EPS for the quarter, beating analysts’ consensus estimates of $0.70 by $5.69. The company had revenue of $114.08 million during the quarter, compared to analyst estimates of $86.30 million. LTC Properties had a return on equity of 40.82% and a net margin of 127.38%. The firm’s revenue was up 66.3% on a year-over-year basis. During the same period in the prior year, the company earned $0.72 earnings per share. Equities research analysts predict that LTC Properties will post 2.77 EPS for the current fiscal year.
LTC Properties Announces Dividend
The company also recently disclosed a monthly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Wednesday, December 23rd will be paid a dividend of $0.19 per share. This represents a $2.28 annualized dividend and a yield of 4.9%. The ex-dividend date of this dividend is Wednesday, December 23rd. LTC Properties’s payout ratio is presently 84.13%.
Insider Buying and Selling
In other news, Director David Gruber acquired 3,500 shares of the business’s stock in a transaction on Tuesday, August 11th. The shares were acquired at an average price of $38.30 per share, for a total transaction of $134,050.00. Following the completion of the transaction, the director directly owned 47,545 shares of the company’s stock, valued at approximately $1,820,973.50. The trade was a 7.95% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 2.20% of the stock is owned by insiders.
Institutional Investors Weigh In On LTC Properties
Several hedge funds and other institutional investors have recently made changes to their positions in the company. BlackRock Inc. purchased a new stake in LTC Properties in the 2nd quarter valued at about $345,915,000. Alyeska Investment Group L.P. bought a new position in LTC Properties in the 2nd quarter worth about $34,396,000. Advisors Capital Management LLC bought a new position in LTC Properties in the 2nd quarter worth about $31,148,000. Wellington Management Group LLP increased its position in shares of LTC Properties by 21.1% during the second quarter. Wellington Management Group LLP now owns 728,696 shares of the real estate investment trust’s stock worth $28,018,000 after acquiring an additional 126,884 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in shares of LTC Properties by 3.2% during the first quarter. Dimensional Fund Advisors LP now owns 676,970 shares of the real estate investment trust’s stock worth $25,157,000 after acquiring an additional 20,864 shares during the period. Hedge funds and other institutional investors own 69.25% of the company’s stock.
About LTC Properties
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.
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