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

LTC Properties (NYSE:LTC) updated its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 2.760-2.780 for the period, compared to the consensus estimate of 2.770. The company issued revenue guidance of -.

LTC Properties Price Performance

Shares of NYSE LTC traded up $0.30 during mid-day trading on Wednesday, hitting $38.78. 457,048 shares of the stock were exchanged, compared to its average volume of 463,302. LTC Properties has a twelve month low of $33.64 and a twelve month high of $43.00. The stock’s fifty day simple moving average is $38.67 and its two-hundred day simple moving average is $38.41. The company has a debt-to-equity ratio of 0.73, a quick ratio of 9.20 and a current ratio of 9.20. The company has a market cap of $1.98 billion, a P/E ratio of 15.70 and a beta of 0.56.

LTC Properties (NYSE:LTC) last released its quarterly earnings results on Wednesday, August 5th. The real estate investment trust reported $0.56 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.08. LTC Properties had a return on equity of 10.87% and a net margin of 38.99%.The business had revenue of $98.08 million for the quarter, compared to analyst estimates of $79.01 million. LTC Properties has set its FY 2026 guidance at 2.760-2.780 EPS. As a group, analysts forecast that LTC Properties will post 2.8 EPS for the current fiscal year.

LTC Properties Announces Dividend

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

Analyst Ratings Changes

A number of equities research analysts have commented on LTC shares. Citigroup reissued a “market outperform” rating on shares of LTC Properties in a report on Wednesday, June 10th. Cantor Fitzgerald dropped their target price on shares of LTC Properties from $42.00 to $40.00 and set a “neutral” rating for the company in a research note on Monday, May 11th. Wells Fargo & Company upped their target price on shares of LTC Properties from $39.00 to $40.00 and gave the stock an “equal weight” rating in a research report on Monday, June 1st. Finally, Weiss Ratings raised shares of LTC Properties from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 8th. Three equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $40.60.

Insider Buying and Selling at LTC Properties

In other LTC Properties news, EVP David M. Boitano acquired 10,000 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The shares were acquired at an average cost of $34.77 per share, for a total transaction of $347,700.00. Following the completion of the acquisition, the executive vice president directly owned 46,160 shares of the company’s stock, valued at approximately $1,604,983.20. This represents a 27.65% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director David L. Gruber acquired 4,000 shares of LTC Properties stock in a transaction on Thursday, May 21st. The stock was acquired at an average cost of $38.41 per share, for a total transaction 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. The trade was a 9.99% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 2.20% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Federation des caisses Desjardins du Quebec grew its stake in shares of LTC Properties by 27.0% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 3,626 shares of the real estate investment trust’s stock worth $125,000 after purchasing an additional 772 shares during the period. Raymond James Financial Inc. acquired a new position in LTC Properties in the second quarter valued at about $154,000. Caitlin John LLC bought a new position in LTC Properties during the fourth quarter worth about $168,000. Tower Research Capital LLC TRC boosted its holdings in LTC Properties by 341.6% during the second quarter. Tower Research Capital LLC TRC now owns 4,946 shares of the real estate investment trust’s stock worth $171,000 after buying an additional 3,826 shares during the last quarter. Finally, Virtus Advisers LLC acquired a new position in shares of LTC Properties during the 4th quarter worth about $179,000. 69.25% of the stock is currently owned by institutional investors.

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.