LTC Properties (NYSE:LTC) Stock Price Crosses Above 200-Day Moving Average - Here's What Happened

Key Points

• LTC Properties crossed above its 200‑day moving average, trading as high as $38.41 and last at $38.38 versus the 200‑day MA of $36.38 on volume of 344,683 shares.
• Strong quarterly results and guidance: the REIT reported $2.09 EPS vs. $0.68 expected and revenue up 60.3% year‑over‑year, set FY2026 guidance of 2.750–2.790 EPS, and carries a consensus "Moderate Buy" target of $39.60.
• Insider and institutional interest: a director purchased 7,000 shares at about $38 (a 23.4% increase in their stake); insiders own 2.10% while institutions own 69.25% of the stock.

LTC Properties, Inc. (NYSE:LTC - Get Free Report) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $36.38 and traded as high as $38.41. LTC Properties shares last traded at $38.38, with a volume of 344,683 shares trading hands.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Weiss Ratings upgraded shares of LTC Properties from a "hold (c)" rating to a "buy (b-)" rating in a report on Friday, February 27th. Cantor Fitzgerald set a $36.00 target price on LTC Properties in a research report on Monday, January 5th. Royal Bank Of Canada boosted their price target on LTC Properties from $38.00 to $41.00 and gave the stock a "sector perform" rating in a research note on Friday, March 20th. Finally, Wells Fargo & Company increased their price target on LTC Properties from $37.00 to $39.00 and gave the company an "equal weight" rating in a report on Thursday, March 26th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $39.60.

LTC Properties Trading Up 2.2%

The firm has a market cap of $1.86 billion, a P/E ratio of 15.73 and a beta of 0.61. The business's 50 day moving average is $38.10 and its 200-day moving average is $36.38. The company has a quick ratio of 8.04, a current ratio of 8.04 and a debt-to-equity ratio of 0.72.

LTC Properties (NYSE:LTC - Get Free Report) last posted its quarterly earnings data on Tuesday, February 24th. The real estate investment trust reported $2.09 EPS for the quarter, beating analysts' consensus estimates of $0.68 by $1.41. The firm had revenue of $82.11 million for the quarter, compared to the consensus estimate of $84.23 million. LTC Properties had a net margin of 44.82% and a return on equity of 10.95%. The firm's revenue was up 60.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.72 EPS. LTC Properties has set its FY 2026 guidance at 2.750-2.790 EPS and its Q1 2026 guidance at 0.660-0.680 EPS. As a group, analysts forecast that LTC Properties, Inc. will post 2.79 earnings per share for the current fiscal year.

Insider Activity at LTC Properties

In other news, Director David L. Gruber purchased 7,000 shares of the firm's stock in a transaction that occurred 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 completion of the purchase, the director owned 36,931 shares of the company's stock, valued at approximately $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 Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 2.10% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Jones Financial Companies Lllp raised its position in shares of LTC Properties by 75.0% during the 3rd quarter. Jones Financial Companies Lllp now owns 700 shares of the real estate investment trust's stock valued at $26,000 after acquiring an additional 300 shares in the last quarter. Farther Finance Advisors LLC increased its stake in LTC Properties by 187.5% during the fourth quarter. Farther Finance Advisors LLC now owns 900 shares of the real estate investment trust's stock valued at $31,000 after purchasing an additional 587 shares during the last quarter. Harbor Capital Advisors Inc. increased its stake in LTC Properties by 55.7% during the third quarter. Harbor Capital Advisors Inc. now owns 984 shares of the real estate investment trust's stock valued at $36,000 after purchasing an additional 352 shares during the last quarter. Aster Capital Management DIFC Ltd acquired a new stake in shares of LTC Properties during the third quarter worth $41,000. Finally, Elevation Point Wealth Partners LLC acquired a new stake in shares of LTC Properties during the second quarter worth $41,000. Institutional investors and hedge funds 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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