LTC Properties (NYSE:LTC) Releases FY 2026 Earnings Guidance

LTC Properties (NYSE:LTC) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 2.750-2.790 for the period, compared to the consensus estimate of 2.800. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Weiss Ratings raised LTC Properties from a “hold (c)” rating to a “buy (b-)” rating in a research note on Friday, February 27th. Royal Bank Of Canada boosted their price target on LTC Properties from $38.00 to $41.00 and gave the company a “sector perform” rating in a research note on Friday, March 20th. Finally, Wells Fargo & Company boosted their target price on LTC Properties from $37.00 to $39.00 and gave the stock an “equal weight” rating in a research note on Thursday, March 26th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, LTC Properties presently has an average rating of “Moderate Buy” and an average target price of $39.60.

LTC Properties Price Performance

NYSE LTC traded up $0.30 during trading on Wednesday, hitting $38.50. 278,628 shares of the company’s stock were exchanged, compared to its average volume of 398,265. The company has a current ratio of 8.04, a quick ratio of 8.04 and a debt-to-equity ratio of 0.72. The company has a market cap of $1.91 billion, a PE ratio of 15.78 and a beta of 0.59. LTC Properties has a fifty-two week low of $33.64 and a fifty-two week high of $40.80. The stock’s 50 day moving average price is $38.57 and its two-hundred day moving average price is $36.90.

LTC Properties (NYSE:LTC) last issued its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.48 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.04). The business had revenue of $94.41 million for the quarter, compared to analyst estimates of $72.98 million. LTC Properties had a return on equity of 10.95% and a net margin of 44.82%.LTC Properties has set its FY 2026 guidance at 2.750-2.790 EPS. Research analysts expect that LTC Properties will post 2.8 EPS for the current year.

LTC Properties Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 22nd will be paid a dividend of $0.19 per share. The ex-dividend date of this dividend is Monday, June 22nd. This represents a c) annualized dividend and a yield of 5.9%. LTC Properties’s payout ratio is presently 93.44%.

Insider Buying and Selling

In other news, Director David L. Gruber purchased 7,000 shares of LTC Properties stock in a transaction dated Thursday, March 5th. The shares were bought at an average cost of $38.00 per share, for a total transaction of $266,000.00. Following the completion of the acquisition, the director owned 36,931 shares in the company, valued at approximately $1,403,378. This trade represents a 23.39% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 2.20% of the company’s stock.

Institutional Trading of LTC Properties

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Maryland State Retirement & Pension System grew its holdings in shares of LTC Properties by 5.0% during the fourth quarter. Maryland State Retirement & Pension System now owns 7,028 shares of the real estate investment trust’s stock worth $242,000 after purchasing an additional 336 shares during the last quarter. Private Advisor Group LLC grew its holdings in shares of LTC Properties by 3.6% during the third quarter. Private Advisor Group LLC now owns 13,616 shares of the real estate investment trust’s stock worth $502,000 after purchasing an additional 473 shares during the last quarter. Thrivent Financial for Lutherans grew its holdings in shares of LTC Properties by 1.6% during the second quarter. Thrivent Financial for Lutherans now owns 33,774 shares of the real estate investment trust’s stock worth $1,169,000 after purchasing an additional 529 shares during the last quarter. CANADA LIFE ASSURANCE Co grew its holdings in shares of LTC Properties by 0.8% during the third quarter. CANADA LIFE ASSURANCE Co now owns 72,856 shares of the real estate investment trust’s stock worth $2,642,000 after purchasing an additional 543 shares during the last quarter. Finally, Triumph Capital Management grew its holdings in shares of LTC Properties by 6.9% during the fourth quarter. Triumph Capital Management now owns 9,702 shares of the real estate investment trust’s stock worth $334,000 after purchasing an additional 625 shares during the last quarter. 69.25% of the stock is currently owned by institutional investors.

LTC Properties Company Profile

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.