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

Key Points

• FY2026 EPS guidance: LTC issued EPS guidance of 2.750–2.790, slightly below the Street consensus of 2.80, while it did not provide meaningful revenue guidance.
• Monthly dividend announced: The company declared a $0.19 monthly dividend (record/ex-dividend date June 22), implying a ~5.9% yield and a payout ratio of about 93.4%.
• Recent quarter and market view: LTC reported Q results with EPS of $0.48 (miss vs. $0.52) but revenue of $94.41M (beat vs. $72.98M); the stock trades near $38.50 and carries a consensus rating of Moderate Buy with a $39.60 target.

LTC Properties (NYSE:LTC - Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 2.750-2.790 for the period, compared to the consensus EPS estimate of 2.800. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on LTC. 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 increased their target price on LTC Properties from $38.00 to $41.00 and gave the company a "sector perform" rating in a report on Friday, March 20th. Finally, Wells Fargo & Company lifted their price target 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 analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $39.60.

LTC Properties Trading Up 0.8%

LTC Properties stock traded up $0.30 during trading hours on Wednesday, reaching $38.50. The stock had a trading volume of 278,628 shares, compared to its average volume of 398,265. The company has a fifty day simple moving average of $38.58 and a 200-day simple moving average of $36.88. LTC Properties has a 52 week low of $33.64 and a 52 week high of $40.80. The stock has a market cap of $1.91 billion, a PE ratio of 15.78 and a beta of 0.59. The company has a debt-to-equity ratio of 0.72, a current ratio of 8.04 and a quick ratio of 8.04.

LTC Properties (NYSE:LTC - Get Free Report) last posted its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.48 earnings per share for the quarter, missing analysts' consensus estimates of $0.52 by ($0.04). The firm had revenue of $94.41 million for the quarter, compared to analysts' expectations 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. Analysts forecast that LTC Properties will post 2.8 EPS for the current fiscal year.

LTC Properties Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 22nd will be issued a $0.19 dividend. The ex-dividend date is Monday, June 22nd. This represents a c) annualized dividend and a yield of 5.9%. LTC Properties's payout ratio is 93.44%.

Insider Transactions at LTC Properties

In related news, Director David L. Gruber acquired 7,000 shares of the firm's stock in a transaction on Thursday, March 5th. The stock was acquired at an average cost of $38.00 per share, for a total transaction of $266,000.00. Following the acquisition, the director owned 36,931 shares of the company's stock, valued at $1,403,378. This trade represents a 23.39% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 2.20% of the company's stock.

Institutional Trading of LTC Properties

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Virtu Financial LLC purchased a new position in shares of LTC Properties during the 4th quarter worth approximately $458,000. Invesco Ltd. raised its position in shares of LTC Properties by 0.4% in the 4th quarter. Invesco Ltd. now owns 217,954 shares of the real estate investment trust's stock worth $7,493,000 after purchasing an additional 850 shares during the last quarter. Caitlin John LLC purchased a new position in LTC Properties in the fourth quarter worth about $168,000. EP Wealth Advisors LLC purchased a new position in LTC Properties in the 4th quarter worth approximately $201,000. Finally, Voloridge Investment Management LLC lifted its holdings in shares of LTC Properties by 53.3% during the fourth quarter. Voloridge Investment Management LLC now owns 38,065 shares of the real estate investment trust's stock valued at $1,309,000 after purchasing an additional 13,238 shares in the last quarter. 69.25% of the stock is currently owned by hedge funds and other 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.

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