Symbols / LTC $38.84 +0.18%
LTC Chart
About
LTC Properties, Inc. is a real estate investment trust (REIT) focused on seniors housing and health care properties, principally investing through SHOP, as well as triple-net leases, and joint ventures. The Company's portfolio includes nearly 190 properties throughout the United States. Based on gross real estate investments, approximately 64% of the Company's assets are seniors housing communities with the remainder skilled nursing centers.
Fundamentals
Scroll to Statements| Sector | Real Estate | Industry | REIT - Healthcare Facili | Market Cap | 1.88B |
| Enterprise Value | 2.80B | Income | 117.28M | Sales | 257.62M |
| Book/sh | 22.17 | Cash/sh | 0.30 | Dividend Yield | 5.88% |
| Payout | 90.48% | Employees | 25 | IPO | — |
| P/E | 15.41 | Forward P/E | 22.26 | PEG | — |
| P/S | 7.31 | P/B | 1.75 | P/C | — |
| EV/EBITDA | 25.22 | EV/Sales | 10.86 | Quick Ratio | 16.93 |
| Current Ratio | 17.97 | Debt/Eq | 72.67 | LT Debt/Eq | — |
| EPS (ttm) | 2.52 | EPS next Y | 1.75 | EPS Growth | 4.40% |
| Revenue Growth | 59.00% | Earnings | 2026-05-04 | ROA | 2.37% |
| ROE | 11.18% | ROIC | — | Gross Margin | 72.28% |
| Oper. Margin | -8.93% | Profit Margin | 45.79% | Shs Outstand | 48.51M |
| Shs Float | 47.45M | Short Float | 8.53% | Short Ratio | 6.30 |
| Short Interest | — | 52W High | 40.80 | 52W Low | 31.70 |
| Beta | 0.59 | Avg Volume | 426.76K | Volume | 187.43K |
| Target Price | $40.57 | Recom | Hold | Prev Close | $38.77 |
| Price | $38.84 | Change | 0.18% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$40.57
Mean price target
2. Current target
$38.84
Latest analyst target
3. DCF / Fair value
$49.54
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$38.84
Low
$37.00
High
$45.00
Mean
$40.57
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2025-11-25 | main | Wells Fargo | Equal-Weight → Equal-Weight | $37 |
| 2025-11-10 | main | RBC Capital | Sector Perform → Sector Perform | $38 |
| 2025-10-21 | main | Wells Fargo | Equal-Weight → Equal-Weight | $36 |
| 2025-10-17 | reit | JMP Securities | Market Outperform → Market Outperform | $43 |
| 2025-10-01 | init | Cantor Fitzgerald | — → Neutral | $38 |
| 2025-09-24 | up | BMO Capital | Underperform → Market Perform | $39 |
| 2025-08-27 | main | Wells Fargo | Equal-Weight → Equal-Weight | $37 |
| 2025-08-08 | main | RBC Capital | Sector Perform → Sector Perform | $37 |
| 2025-08-06 | main | JMP Securities | Market Outperform → Market Outperform | $43 |
| 2025-05-19 | reit | RBC Capital | Sector Perform → Sector Perform | $36 |
| 2025-03-10 | main | Wells Fargo | Equal-Weight → Equal-Weight | $36 |
| 2025-02-26 | reit | Citizens Capital Markets | Market Outperform → Market Outperform | $40 |
| 2025-01-07 | up | JMP Securities | Market Perform → Market Outperform | $40 |
| 2024-09-20 | reit | Wedbush | Outperform → Outperform | $40 |
| 2024-03-11 | reit | RBC Capital | Sector Perform → Sector Perform | $32 |
| 2024-01-30 | init | Deutsche Bank | — → Hold | $34 |
| 2023-10-03 | init | Wedbush | — → Outperform | $36 |
| 2023-09-28 | init | Berenberg | — → Buy | $36 |
| 2023-09-20 | init | Jefferies | — → Hold | $29 |
| 2023-08-17 | reit | RBC Capital | Sector Perform → Sector Perform | $32 |
News
RSS: Latest LTC news- LTC Properties, Inc. $LTC Shares Acquired by American Century Companies Inc. - MarketBeat Sun, 08 Mar 2026 08
- How Investors May Respond To LTC Properties (LTC) Profit Surge And New 2026 Earnings Outlook - simplywall.st Sat, 07 Mar 2026 06
- (LTC) Risk Channels and Responsive Allocation - Stock Traders Daily Mon, 09 Mar 2026 03
- Gruber David L buys $266k in LTC Properties shares - Investing.com Sat, 07 Mar 2026 00
- Should I hold or sell LTC Properties Inc. stock in 2026 - Inflation Watch & Consistent Income Trade Recommendations - Naître et grandir Sat, 07 Mar 2026 20
- If You Invested $10K In LTC Properties Stock 10 Years Ago, How Much Would You Have Now? - Yahoo Finance hu, 30 Oct 2025 07
- Insider Buying: David Gruber Acquires 7,000 Shares of LTC Proper - GuruFocus Sat, 07 Mar 2026 02
- LTC Properties: Fairly Valued After Rally Given The SHOP Transition Risks (NYSE:LTC) - Seeking Alpha hu, 26 Feb 2026 08
- Insider Buying: LTC Properties (NYSE:LTC) Director Buys 7,000 Shares of Stock - MarketBeat Sat, 07 Mar 2026 00
- Assessing LTC Properties (LTC) Valuation After Insider Buying And 2026 Guidance Update - simplywall.st Sun, 08 Mar 2026 22
- LTC Properties stock hits 52-week high at $40.10 - Investing.com hu, 26 Feb 2026 08
- Does the Recent Senior Housing Investment Make LTC Properties Stock a Bargain in 2025? - Yahoo Finance ue, 04 Nov 2025 08
- LTC Properties: Undervalued Monthly Dividend REIT Poised For Recovery - Seeking Alpha Sun, 23 Nov 2025 08
- Safest Monthly Dividend Stocks: What Sets LTC Properties (LTC) Apart in the REIT Sector - Yahoo Finance Wed, 24 Sep 2025 07
- Vanguard Group Inc. Sells 51,811 Shares of LTC Properties, Inc. $LTC - MarketBeat Sun, 01 Mar 2026 12
Insider Transactions
| Date | Shares | Value | Url | Text | Insider | Position | Transaction | Start Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 7000 | 266000 | — | Purchase at price 38.00 per share. | GRUBER DAVID L | Director | — | 2026-03-05 00:00:00 | D |
| 1 | 13618 | 530013 | — | Stock Award(Grant) at price 38.92 per share. | CHIKHALE CAROLINE L | Chief Financial Officer | — | 2026-02-19 00:00:00 | D |
| 2 | 33466 | 1302497 | — | Stock Award(Grant) at price 38.92 per share. | SHELLEY-KESSLER PAMELA J | Chief Executive Officer | — | 2026-02-19 00:00:00 | D |
| 3 | 33466 | 1302497 | — | Stock Award(Grant) at price 38.92 per share. | MALIN CLINT B | Chief Executive Officer | — | 2026-02-19 00:00:00 | D |
| 4 | 10663 | 415004 | — | Stock Award(Grant) at price 38.92 per share. | SATTERWHITE JOHN GIBSON | Officer | — | 2026-02-19 00:00:00 | D |
| 5 | 10534 | 409983 | — | Stock Award(Grant) at price 38.92 per share. | BOITANO DAVID M | Chief Investment Officer | — | 2026-02-19 00:00:00 | D |
| 6 | 10000 | 344400 | — | Purchase at price 34.30 - 34.58 per share. | BOITANO DAVID M | Chief Investment Officer | — | 2025-12-31 00:00:00 | D |
| 7 | 5000 | 177560 | — | Purchase at price 35.35 - 35.94 per share. | GRUBER DAVID L | Director | — | 2025-11-07 00:00:00 | D |
| 8 | 10000 | 346260 | — | Purchase at price 34.50 - 34.80 per share. | BOITANO DAVID M | Officer | — | 2025-06-27 00:00:00 | D |
| 9 | 3125 | 110000 | — | Stock Award(Grant) at price 35.20 per share. | CHENG CORNELIA | Director | — | 2025-05-28 00:00:00 | D |
Financials
| Line Item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | 40.61K | 43.47K | 4.28M | 7.05M |
| TaxRateForCalcs | 0.00 | 0.21 | 0.21 | 0.21 |
| NormalizedEBITDA | 169.09M | 171.38M | 155.51M | 135.94M |
| TotalUnusualItems | 28.15M | 207.00K | 20.38M | 33.58M |
| TotalUnusualItemsExcludingGoodwill | 28.15M | 207.00K | 20.38M | 33.58M |
| NetIncomeFromContinuingOperationNetMinorityInterest | 117.97M | 91.04M | 89.73M | 100.02M |
| ReconciledDepreciation | 37.87M | 36.37M | 37.42M | 37.50M |
| ReconciledCostOfRevenue | 64.88M | 12.93M | 13.27M | 15.49M |
| EBITDA | 197.24M | 171.58M | 175.89M | 169.52M |
| EBIT | 159.37M | 135.22M | 138.48M | 132.02M |
| NetInterestIncome | -35.31M | -40.34M | -47.01M | -31.44M |
| InterestExpense | 35.31M | 40.34M | 47.01M | 31.44M |
| NormalizedIncome | 89.87M | 90.88M | 73.64M | 73.50M |
| NetIncomeFromContinuingAndDiscontinuedOperation | 117.97M | 91.04M | 89.73M | 100.02M |
| TotalExpenses | 138.39M | 77.28M | 80.65M | 78.22M |
| TotalOperatingIncomeAsReported | 92.44M | 89.96M | 99.08M | 54.81M |
| DilutedAverageShares | 46.56M | 44.24M | 41.36M | 40.07M |
| BasicAverageShares | 46.23M | 43.74M | 41.27M | 39.89M |
| DilutedEPS | 2.52 | 2.04 | 2.16 | 2.48 |
| BasicEPS | 2.54 | 2.07 | 2.16 | 2.49 |
| DilutedNIAvailtoComStockholders | 117.28M | 90.36M | 89.15M | 99.44M |
| AverageDilutionEarnings | 0.00 | 0.00 | 0.00 | 0.00 |
| NetIncomeCommonStockholders | 117.28M | 90.36M | 89.15M | 99.44M |
| OtherunderPreferredStockDividend | 696.00K | 682.00K | 587.00K | 580.00K |
| NetIncome | 117.97M | 91.04M | 89.73M | 100.02M |
| MinorityInterests | -5.91M | -3.84M | -1.73M | -560.00K |
| NetIncomeIncludingNoncontrollingInterests | 123.88M | 94.88M | 91.46M | 100.58M |
| NetIncomeContinuousOperations | 123.88M | 94.88M | 91.46M | 100.58M |
| TaxProvision | 179.00K | 0.00 | 0.00 | |
| PretaxIncome | 124.06M | 94.88M | 91.46M | 100.58M |
| OtherIncomeExpense | 34.90M | 2.65M | 21.88M | 35.08M |
| SpecialIncomeCharges | -49.68M | -7.77M | -16.92M | -4.25M |
| WriteOff | 41.45M | 0.00 | 0.00 | 3.42M |
| ImpairmentOfCapitalAssets | 0.00 | 6.95M | 15.78M | 3.42M |
| RestructuringAndMergernAcquisition | 8.22M | 819.00K | 1.14M | 828.00K |
| EarningsFromEquityInterest | 6.76M | 2.44M | 1.50M | 1.50M |
| GainOnSaleOfSecurity | 77.82M | 7.98M | 37.30M | 37.83M |
| NetNonOperatingInterestIncomeExpense | -35.31M | -40.34M | -47.01M | -31.44M |
| InterestExpenseNonOperating | 35.31M | 40.34M | 47.01M | 31.44M |
| OperatingIncome | 124.46M | 132.57M | 116.59M | 96.94M |
| OperatingExpense | 73.51M | 64.35M | 67.38M | 62.73M |
| ProvisionForDoubtfulAccounts | 4.51M | 741.00K | 5.68M | 1.53M |
| DepreciationAmortizationDepletionIncomeStatement | 37.87M | 36.37M | 37.42M | 37.50M |
| DepreciationAndAmortizationInIncomeStatement | 37.87M | 36.37M | 37.42M | 37.50M |
| SellingGeneralAndAdministration | 31.12M | 27.24M | 24.29M | 23.71M |
| GeneralAndAdministrativeExpense | 31.12M | 27.24M | 24.29M | 23.71M |
| OtherGandA | 31.12M | 27.24M | 24.29M | 23.71M |
| GrossProfit | 197.97M | 196.92M | 183.97M | 159.67M |
| CostOfRevenue | 64.88M | 12.93M | 13.27M | 15.49M |
| TotalRevenue | 262.85M | 209.85M | 197.24M | 175.15M |
| OperatingRevenue | 262.85M | 209.85M | 197.24M | 175.15M |
| Line Item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| OrdinarySharesNumber | 48.48M | 45.51M | 43.02M | 41.26M |
| ShareIssued | 48.48M | 45.51M | 43.02M | 41.26M |
| NetDebt | 827.79M | 675.19M | 871.03M | 757.48M |
| TotalDebt | 842.18M | 684.60M | 891.32M | 767.85M |
| TangibleBookValue | 1.07B | 960.63M | 881.28M | 828.37M |
| InvestedCapital | 1.92B | 1.65B | 1.77B | 1.60B |
| WorkingCapital | 517.09M | 635.39M | 496.47M | 577.28M |
| NetTangibleAssets | 1.07B | 960.63M | 881.28M | 828.37M |
| CommonStockEquity | 1.07B | 960.63M | 881.28M | 828.37M |
| TotalCapitalization | 1.66B | 1.50B | 1.47B | 1.60B |
| TotalEquityGrossMinorityInterest | 1.16B | 1.05B | 916.27M | 850.31M |
| MinorityInterest | 87.40M | 92.38M | 34.99M | 21.94M |
| StockholdersEquity | 1.07B | 960.63M | 881.28M | 828.37M |
| GainsLossesNotAffectingRetainedEarnings | 482.00K | 3.81M | 6.11M | 8.72M |
| OtherEquityAdjustments | 482.00K | 3.81M | 6.11M | 8.72M |
| RetainedEarnings | -115.83M | -126.41M | -116.92M | -111.89M |
| AdditionalPaidInCapital | 1.19B | 1.08B | 991.66M | 931.12M |
| CapitalStock | 485.00K | 455.00K | 430.00K | 412.00K |
| CommonStock | 485.00K | 455.00K | 430.00K | 412.00K |
| TotalLiabilitiesNetMinorityInterest | 899.68M | 733.14M | 938.83M | 805.80M |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 589.32M | 540.25M | 589.07M | 767.85M |
| LongTermDebtAndCapitalLeaseObligation | 589.32M | 540.25M | 589.07M | 767.85M |
| LongTermDebt | 589.32M | 540.25M | 589.07M | 767.85M |
| CurrentLiabilities | 310.36M | 192.89M | 349.76M | 37.94M |
| CurrentDebtAndCapitalLeaseObligation | 252.86M | 144.35M | 302.25M | |
| CurrentDebt | 252.86M | 144.35M | 302.25M | |
| LineOfCredit | 252.86M | 144.35M | 302.25M | |
| PayablesAndAccruedExpenses | 57.49M | 48.54M | 47.51M | 37.94M |
| CurrentAccruedExpenses | 57.49M | 48.54M | 47.51M | 37.94M |
| InterestPayable | 3.81M | 3.09M | 3.87M | 5.23M |
| TotalAssets | 2.06B | 1.79B | 1.86B | 1.66B |
| TotalNonCurrentAssets | 1.23B | 957.86M | 1.01B | 1.04B |
| OtherNonCurrentAssets | 2.40M | 2.68M | ||
| NonCurrentDeferredAssets | 5.47M | 1.41M | 1.56M | 2.32M |
| NonCurrentDeferredTaxesAssets | 729.00K | 0.00 | ||
| NonCurrentAccountsReceivable | 1.79M | 2.68M | ||
| FinancialAssets | 482.00K | 3.81M | ||
| InvestmentsAndAdvances | 12.52M | 30.60M | 19.34M | 19.34M |
| LongTermEquityInvestment | 12.52M | 30.60M | 19.34M | 19.34M |
| InvestmentsinJointVenturesatCost | 12.52M | 30.60M | 19.34M | 19.34M |
| InvestmentProperties | 1.20B | 925.85M | 987.97M | 1.02B |
| GoodwillAndOtherIntangibleAssets | 6.52M | 7.21M | ||
| OtherIntangibleAssets | 6.52M | 7.21M | ||
| NetPPE | 2.58M | 2.74M | ||
| GrossPPE | 2.58M | 2.74M | ||
| OtherProperties | 2.58M | 2.74M | ||
| CurrentAssets | 827.45M | 828.28M | 846.24M | 615.22M |
| OtherCurrentAssets | 15.89M | 15.97M | 11.10M | 4.19M |
| AssetsHeldForSaleCurrent | -2.31M | 0.00 | ||
| PrepaidAssets | 4.19M | |||
| Inventory | 670.00K | 18.39M | 10.71M | 0.00 |
| FinishedGoods | 670.00K | 18.39M | 10.71M | 0.00 |
| Receivables | 813.06M | 802.98M | 809.98M | 593.75M |
| OtherReceivables | 361.98M | 361.39M | 198.64M | 77.79M |
| AccruedInterestReceivable | 22.72M | 60.26M | 53.96M | 46.00M |
| NotesReceivable | 25.61M | 47.24M | 60.49M | 58.38M |
| LoansReceivable | 381.66M | 312.58M | 477.27M | 389.73M |
| AccountsReceivable | 21.08M | 21.50M | 19.63M | 21.85M |
| AllowanceForDoubtfulAccountsReceivable | -304.00K | 0.00 | ||
| GrossAccountsReceivable | 21.38M | 21.50M | 19.63M | 21.85M |
| CashCashEquivalentsAndShortTermInvestments | 14.39M | 9.41M | 20.29M | 10.38M |
| CashAndCashEquivalents | 14.39M | 9.41M | 20.29M | 10.38M |
| Line Item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| FreeCashFlow | 135.98M | 125.17M | 104.40M | 105.59M |
| RepurchaseOfCapitalStock | 0.00 | 0.00 | ||
| RepaymentOfDebt | -149.50M | -234.26M | -154.36M | -223.06M |
| IssuanceOfDebt | 308.51M | 27.20M | 277.45M | 269.00M |
| IssuanceOfCapitalStock | 100.56M | 82.40M | 53.69M | 67.64M |
| InterestPaidSupplementalData | 32.97M | 40.05M | 47.18M | 28.81M |
| EndCashPosition | 14.39M | 9.41M | 20.29M | 10.38M |
| BeginningCashPosition | 9.41M | 20.29M | 10.38M | 5.16M |
| ChangesInCash | 4.97M | -10.87M | 9.91M | 5.22M |
| FinancingCashFlow | 138.94M | -226.72M | 80.42M | 19.58M |
| CashFlowFromContinuingFinancingActivities | 138.94M | -226.72M | 80.42M | 19.58M |
| NetOtherFinancingCharges | -13.23M | -1.54M | -1.60M | -2.49M |
| ProceedsFromStockOptionExercised | 0.00 | |||
| CashDividendsPaid | -107.39M | -100.53M | -94.76M | -91.51M |
| CommonStockDividendPaid | -107.39M | -100.53M | -94.76M | -91.51M |
| NetCommonStockIssuance | 100.56M | 82.40M | 53.69M | 67.64M |
| CommonStockPayments | 0.00 | 0.00 | ||
| CommonStockIssuance | 100.56M | 82.40M | 53.69M | 67.64M |
| NetIssuancePaymentsOfDebt | 159.01M | -207.06M | 123.09M | 45.94M |
| NetLongTermDebtIssuance | 159.01M | -207.06M | 123.09M | 45.94M |
| LongTermDebtPayments | -149.50M | -234.26M | -154.36M | -223.06M |
| LongTermDebtIssuance | 308.51M | 27.20M | 277.45M | 269.00M |
| InvestingCashFlow | -269.94M | 90.68M | -174.91M | -119.95M |
| CashFlowFromContinuingInvestingActivities | -269.94M | 90.68M | -174.91M | -119.95M |
| NetOtherInvestingChanges | -52.87M | 77.07M | -187.74M | -131.65M |
| NetInvestmentPropertiesPurchaseAndSale | -235.16M | 24.87M | 12.83M | 11.70M |
| SaleOfInvestmentProperties | 126.70M | 38.87M | 66.27M | 72.62M |
| PurchaseOfInvestmentProperties | -361.86M | -13.99M | -53.45M | -60.92M |
| NetBusinessPurchaseAndSale | 18.08M | -11.26M | 0.00 | 0.00 |
| SaleOfBusiness | 19.34M | 0.00 | 0.00 | 0.00 |
| PurchaseOfBusiness | -1.26M | -11.26M | 0.00 | 0.00 |
| CapitalExpenditureReported | 0.00 | 0.00 | ||
| OperatingCashFlow | 135.98M | 125.17M | 104.40M | 105.59M |
| CashFlowFromContinuingOperatingActivities | 135.98M | 125.17M | 104.40M | 105.59M |
| DividendReceivedCFO | 6.84M | 1.28M | 56.00K | 351.00K |
| ChangeInWorkingCapital | -9.29M | -13.47M | -16.52M | -3.99M |
| ChangeInOtherWorkingCapital | -264.00K | -2.31M | -5.87M | 1.70M |
| ChangeInPayablesAndAccruedExpense | 712.00K | -771.00K | -1.37M | 1.49M |
| ChangeInAccruedExpense | 712.00K | -771.00K | -1.37M | 1.49M |
| ChangeInInterestPayable | 712.00K | -771.00K | -1.37M | 1.49M |
| ChangeInReceivables | -9.74M | -10.39M | -9.28M | -7.17M |
| OtherNonCashItems | 5.77M | 25.00K | 2.80M | 3.75M |
| StockBasedCompensation | 9.33M | 9.05M | 8.48M | 7.96M |
| ProvisionandWriteOffofAssets | 4.51M | 508.00K | 3.74M | -4.66M |
| AssetImpairmentCharge | 41.45M | 6.95M | 15.78M | 3.42M |
| DeferredTax | 179.00K | 0.00 | ||
| DeferredIncomeTax | 179.00K | 0.00 | ||
| DepreciationAmortizationDepletion | 37.87M | 36.37M | 37.42M | 37.50M |
| DepreciationAndAmortization | 37.87M | 36.37M | 37.42M | 37.50M |
| OperatingGainsLosses | -84.58M | -10.42M | -38.80M | -39.33M |
| EarningsLossesFromEquityInvestments | -6.76M | -2.44M | -1.50M | -1.50M |
| GainLossOnInvestmentSecurities | -77.82M | -7.98M | -37.30M | -37.83M |
| NetIncomeFromContinuingOperations | 123.88M | 94.88M | 91.46M | 100.58M |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for LTC
| Date | User | Broker | Pattern | Type | Position Size | Entry Price | Trade P&L | Status |
|---|