Symbols / LTC Stock $36.71 -1.88% LTC Properties, Inc.

Real Estate • REIT - Healthcare Facilities • United States • NYQ
LTC (Stock) Chart
O: — H: — L: — C: — V: —
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Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Real Estate
Industry REIT - Healthcare Facilities
CEO Ms. Pamela J. Shelley-Kessler CPA
Exch · Country NYQ · United States
Market Cap 1.88B
Enterprise Value 2.12B
Income 120.20M
Sales 301.03M
FCF (ttm) 234.25M
Book/sh 19.63
Cash/sh 0.58
Employees 25
Insider 10d —
IPO Aug 18, 1992
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 89.41%
P/E 14.39
Forward P/E 22.31
PEG 5.74
P/S 6.24
P/B 1.87
P/C —
EV/EBITDA 17.64
EV/Sales 7.04
Quick Ratio 17.21
Current Ratio 18.46
Debt/Eq 85.30
LT Debt/Eq —
EPS (ttm) 2.55
EPS next Y 1.65
EPS Growth -54.40%
Revenue Growth -19.00%
EPS Gr Q/Q -55.10%
Rev Gr Q/Q —
Earnings (next) 2026-08-03
Earnings (prior) 2026-05-06
ROA 2.56%
ROE 11.34%
ROIC —
Gross Margin 64.18%
Oper. Margin 52.87%
Profit Margin 40.16%
Shs Outstand 51.18M
Shs Float 38.37M
Insider Own 2.19%
Instit Own 78.93%
Short Float 5.34%
Short Ratio 6.31
Short Interest 2.25M
52W High 40.80
vs 52W High -10.04%
52W Low 33.64
vs 52W Low 9.11%
Beta 0.59
Impl. Vol. 48.66%
Rel Volume 0.37
Avg Volume 377.95K
Volume 139.18K
Target (mean) $41.00
Tgt Median $40.00
Tgt Low $38.00
Tgt High $45.00
# Analysts 7
Recom Hold
Prev Close $37.41
Price $36.70
Change -1.88%
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. LTC Properties, Inc. was incorporated in 1992 and is based in Westlake Village, United States.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$41.00
Mean price target
2. Current target
$36.71
Latest analyst target
3. DCF / Fair value
$82.38
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$36.71
Low
$38.00
High
$45.00
Mean
$41.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-06-01 main Wells Fargo Equal-Weight → Equal-Weight $40
2026-05-11 main Cantor Fitzgerald Neutral → Neutral $40
2026-03-26 main Wells Fargo Equal-Weight → Equal-Weight $39
2026-03-20 main RBC Capital Sector Perform → Sector Perform $41
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
News
RSS: Latest LTC news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-05-21 GRUBER DAVID L Director — 4,000 $38.41 $153,640
2026-05-20 CHENG CORNELIA Director — 3,077 $39.00 $120,003
2026-05-20 GRUBER DAVID L Director — 3,077 $39.00 $120,003
2026-05-20 PREBER BRADLEY J Director — 3,077 $39.00 $120,003
2026-05-20 TRICHE TIMOTHY J Director — 3,077 $39.00 $120,003
2026-05-20 HAWKEN JEFFREY C Director — 3,077 $39.00 $120,003
2026-03-09 SIMPSON WENDY L Officer and Director — 67,721 $39.68 $2,687,169
2026-03-09 CHIKHALE CAROLINE L Chief Financial Officer — 10,286 $39.68 $408,148
2026-03-09 SHELLEY-KESSLER PAMELA J Chief Executive Officer — 33,226 $39.68 $1,318,408
2026-03-09 MALIN CLINT B Chief Executive Officer — 33,226 $39.68 $1,318,408
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
262.85
+25.26%
209.85
+6.39%
197.24
+12.61%
175.15
Operating Revenue
262.85
+25.26%
209.85
+6.39%
197.24
+12.61%
175.15
Cost Of Revenue
64.88
+401.80%
12.93
-2.55%
13.27
-14.32%
15.49
Reconciled Cost Of Revenue
64.88
+401.80%
12.93
-2.55%
13.27
-14.32%
15.49
Gross Profit
197.97
+0.54%
196.92
+7.03%
183.97
+15.22%
159.67
Operating Expense
73.51
+14.23%
64.35
-4.50%
67.38
+7.41%
62.73
Selling General And Administration
31.12
+14.23%
27.24
+12.18%
24.29
+2.45%
23.71
General And Administrative Expense
31.12
+14.23%
27.24
+12.18%
24.29
+2.45%
23.71
Other Gand A
31.12
+14.23%
27.24
+12.18%
24.29
+2.45%
23.71
Total Expenses
138.39
+79.08%
77.28
-4.18%
80.65
+3.11%
78.22
Operating Income
124.46
-6.11%
132.57
+13.70%
116.59
+20.28%
96.94
Total Operating Income As Reported
—
92.44
+2.76%
89.96
-9.21%
99.08
EBITDA
197.24
+14.95%
171.58
-2.45%
175.89
+3.76%
169.52
Normalized EBITDA
169.09
-1.33%
171.38
+10.20%
155.51
+14.40%
135.94
Reconciled Depreciation
37.87
+4.14%
36.37
-2.80%
37.42
-0.21%
37.50
EBIT
159.37
+17.86%
135.22
-2.35%
138.48
+4.89%
132.02
Total Unusual Items
28.15
+13497.10%
0.21
-98.98%
20.38
-39.32%
33.58
Total Unusual Items Excluding Goodwill
28.15
+13497.10%
0.21
-98.98%
20.38
-39.32%
33.58
Special Income Charges
-49.68
-539.17%
-7.77
+54.06%
-16.92
-298.09%
-4.25
Impairment Of Capital Assets
0.00
-100.00%
6.95
-55.92%
15.78
+360.99%
3.42
Restructuring And Mergern Acquisition
8.22
+903.79%
0.82
-28.41%
1.14
+38.16%
0.83
Write Off
41.45
0.00
0.00
-100.00%
3.42
Net Income
117.97
+29.58%
91.04
+1.45%
89.73
-10.29%
100.02
Pretax Income
124.06
+30.75%
94.88
+3.74%
91.46
-9.07%
100.58
Net Non Operating Interest Income Expense
-35.31
+12.47%
-40.34
+14.20%
-47.01
-49.55%
-31.44
Interest Expense Non Operating
35.31
-12.47%
40.34
-14.20%
47.01
+49.55%
31.44
Net Interest Income
-35.31
+12.47%
-40.34
+14.20%
-47.01
-49.55%
-31.44
Interest Expense
35.31
-12.47%
40.34
-14.20%
47.01
+49.55%
31.44
Other Income Expense
34.90
+1217.59%
2.65
-87.89%
21.88
-37.63%
35.08
Gain On Sale Of Security
77.82
+875.34%
7.98
-78.61%
37.30
-1.41%
37.83
Tax Provision
0.18
0.00
0.00
—
Tax Rate For Calcs
0.00
0.00
0.00
-100.00%
0.00
Tax Effect Of Unusual Items
0.04
0.00
0.00
-100.00%
7.05
Net Income Including Noncontrolling Interests
123.88
+30.57%
94.88
+3.74%
91.46
-9.07%
100.58
Net Income From Continuing Operation Net Minority Interest
117.97
+29.58%
91.04
+1.45%
89.73
-10.29%
100.02
Net Income From Continuing And Discontinued Operation
117.97
+29.58%
91.04
+1.45%
89.73
-10.29%
100.02
Net Income Continuous Operations
123.88
+30.57%
94.88
+3.74%
91.46
-9.07%
100.58
Minority Interests
-5.91
-53.89%
-3.84
-122.29%
-1.73
-208.39%
-0.56
Normalized Income
89.87
-1.06%
90.83
+30.96%
69.36
-5.63%
73.50
Net Income Common Stockholders
117.28
+29.79%
90.36
+1.36%
89.15
-10.35%
99.44
Otherunder Preferred Stock Dividend
0.70
+2.05%
0.68
+16.18%
0.59
+1.21%
0.58
Diluted EPS
2.52
+23.53%
2.04
-5.56%
2.16
-12.90%
2.48
Basic EPS
2.54
+22.71%
2.07
-4.17%
2.16
-13.25%
2.49
Basic Average Shares
46.23
+5.69%
43.74
+5.99%
41.27
+3.45%
39.89
Diluted Average Shares
46.56
+5.24%
44.24
+6.97%
41.36
+3.22%
40.07
Diluted NI Availto Com Stockholders
117.28
+29.79%
90.36
+1.36%
89.15
-10.35%
99.44
Average Dilution Earnings
0.00
0.00
0.00
0.00
Depreciation Amortization Depletion Income Statement
37.87
+4.14%
36.37
-2.80%
37.42
-0.21%
37.50
Depreciation And Amortization In Income Statement
37.87
+4.14%
36.37
-2.80%
37.42
-0.21%
37.50
Earnings From Equity Interest
6.76
+176.70%
2.44
+62.37%
1.50
+0.00%
1.50
Provision For Doubtful Accounts
4.51
+509.31%
0.74
-86.95%
5.68
+271.60%
1.53
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
2,062.06
+15.45%
1,786.14
-3.72%
1,855.10
+12.02%
1,656.10
Current Assets
827.45
+1.85%
812.39
-4.00%
846.24
+37.55%
615.22
Cash Cash Equivalents And Short Term Investments
14.39
+52.83%
9.41
-53.59%
20.29
+95.45%
10.38
Cash And Cash Equivalents
14.39
+52.83%
9.41
-53.59%
20.29
+95.45%
10.38
Receivables
813.06
+1.26%
802.98
-0.86%
809.98
+36.42%
593.75
Accounts Receivable
21.08
-1.98%
21.50
+9.57%
19.63
-10.17%
21.85
Gross Accounts Receivable
21.38
-0.57%
21.50
+9.57%
19.63
-10.17%
21.85
Allowance For Doubtful Accounts Receivable
-0.30
0.00
—
—
Other Receivables
361.98
+0.16%
361.39
+81.93%
198.64
+155.36%
77.79
Accrued Interest Receivable
22.72
-62.30%
60.26
+11.67%
53.96
+17.30%
46.00
Loans Receivable
381.66
+22.10%
312.58
-34.51%
477.27
+22.46%
389.73
Inventory
—
0.67
-96.36%
18.39
+71.72%
10.71
Finished Goods
—
0.67
-96.36%
18.39
+71.72%
10.71
Prepaid Assets
—
—
—
—
Assets Held For Sale Current
—
—
—
-2.31
Other Current Assets
—
15.89
-0.48%
15.97
+43.88%
11.10
Total Non Current Assets
1,234.62
+26.79%
973.75
-3.48%
1,008.86
-3.08%
1,040.88
Net PPE
2.58
-5.87%
2.74
—
—
Gross PPE
2.58
-5.87%
2.74
—
—
Other Properties
2.58
-5.87%
2.74
—
—
Goodwill And Other Intangible Assets
6.52
-9.60%
7.21
—
—
Other Intangible Assets
6.52
-9.60%
7.21
—
—
Investments And Advances
12.52
-59.07%
30.60
+58.23%
19.34
+0.00%
19.34
Long Term Equity Investment
12.52
-59.07%
30.60
+58.23%
19.34
+0.00%
19.34
Non Current Accounts Receivable
—
—
—
1.79
Non Current Deferred Assets
5.47
+288.01%
1.41
-9.44%
1.56
-32.92%
2.32
Non Current Deferred Taxes Assets
0.73
0.00
—
—
Other Non Current Assets
2.40
—
—
—
Total Liabilities Net Minority Interest
899.68
+22.72%
733.14
-21.91%
938.83
+16.51%
805.80
Current Liabilities
310.36
+60.90%
192.89
-44.85%
349.76
+821.84%
37.94
Payables And Accrued Expenses
57.49
+18.46%
48.54
+2.15%
47.51
+25.23%
37.94
Current Accrued Expenses
57.49
+18.46%
48.54
+2.15%
47.51
+25.23%
37.94
Current Debt And Capital Lease Obligation
252.86
+75.17%
144.35
-52.24%
302.25
—
Current Debt
252.86
+75.17%
144.35
-52.24%
302.25
—
Total Non Current Liabilities Net Minority Interest
589.32
+9.08%
540.25
-8.29%
589.07
-23.28%
767.85
Long Term Debt And Capital Lease Obligation
589.32
+9.08%
540.25
-8.29%
589.07
-23.28%
767.85
Long Term Debt
589.32
+9.08%
540.25
-8.29%
589.07
-23.28%
767.85
Stockholders Equity
1,074.98
+11.90%
960.63
+9.00%
881.28
+6.39%
828.37
Common Stock Equity
1,074.98
+11.90%
960.63
+9.00%
881.28
+6.39%
828.37
Capital Stock
0.48
+6.59%
0.46
+5.81%
0.43
+4.37%
0.41
Common Stock
0.48
+6.59%
0.46
+5.81%
0.43
+4.37%
0.41
Share Issued
48.48
+6.53%
45.51
+5.79%
43.02
+4.26%
41.26
Ordinary Shares Number
48.48
+6.53%
45.51
+5.79%
43.02
+4.26%
41.26
Additional Paid In Capital
1,189.85
+9.89%
1,082.76
+9.19%
991.66
+6.50%
931.12
Retained Earnings
-115.83
+8.37%
-126.41
-8.12%
-116.92
-4.49%
-111.89
Gains Losses Not Affecting Retained Earnings
0.48
-87.37%
3.81
-37.56%
6.11
-29.92%
8.72
Minority Interest
87.40
-5.39%
92.38
+164.03%
34.99
+59.47%
21.94
Other Equity Adjustments
0.48
-87.37%
3.81
-37.56%
6.11
-29.92%
8.72
Total Equity Gross Minority Interest
1,162.38
+10.39%
1,053.01
+14.92%
916.27
+7.76%
850.31
Total Capitalization
1,664.30
+10.89%
1,500.88
+2.08%
1,470.35
-7.89%
1,596.22
Working Capital
517.09
-16.53%
619.50
+24.78%
496.47
-14.00%
577.28
Invested Capital
1,917.16
+16.53%
1,645.23
-7.19%
1,772.60
+11.05%
1,596.22
Total Debt
842.18
+23.02%
684.60
-23.19%
891.32
+16.08%
767.85
Net Debt
827.79
+22.60%
675.19
-22.48%
871.03
+14.99%
757.48
Net Tangible Assets
1,068.46
+12.07%
953.41
+8.19%
881.28
+6.39%
828.37
Tangible Book Value
1,068.46
+12.07%
953.41
+8.19%
881.28
+6.39%
828.37
Financial Assets
0.48
-87.37%
3.81
—
—
Interest Payable
3.81
+23.01%
3.09
-19.95%
3.87
-26.16%
5.23
Investment Properties
1,204.64
+29.81%
927.97
-6.07%
987.97
-3.07%
1,019.22
Investmentsin Joint Venturesat Cost
12.52
-59.07%
30.60
+58.23%
19.34
+0.00%
19.34
Line Of Credit
252.86
+75.17%
144.35
-52.24%
302.25
—
Notes Receivable
25.61
-45.78%
47.24
-21.90%
60.49
+3.61%
58.38
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
135.98
+8.03%
125.88
+20.46%
104.49
-1.04%
105.59
Cash Flow From Continuing Operating Activities
135.98
+8.03%
125.88
+20.46%
104.49
-1.04%
105.59
Net Income From Continuing Operations
123.88
+30.57%
94.88
+3.74%
91.46
-9.07%
100.58
Depreciation Amortization Depletion
37.87
+4.14%
36.37
-2.80%
37.42
-0.21%
37.50
Depreciation And Amortization
37.87
+4.14%
36.37
-2.80%
37.42
-0.21%
37.50
Other Non Cash Items
5.77
+404.05%
-1.90
-262.31%
1.17
-68.83%
3.75
Stock Based Compensation
9.33
+3.06%
9.05
+6.73%
8.48
+6.49%
7.96
Provisionand Write Offof Assets
4.51
+788.78%
0.51
-86.41%
3.74
+180.17%
-4.66
Asset Impairment Charge
41.45
+496.22%
6.95
-55.92%
15.78
+360.99%
3.42
Deferred Tax
0.18
0.00
—
—
Deferred Income Tax
0.18
0.00
—
—
Operating Gains Losses
-84.58
-711.62%
-10.42
+73.14%
-38.80
+1.36%
-39.33
Gain Loss On Investment Securities
-77.82
-875.34%
-7.98
+78.61%
-37.30
+1.41%
-37.83
Change In Working Capital
-9.29
+14.32%
-10.84
+26.78%
-14.81
-271.38%
-3.99
Change In Receivables
-9.74
+6.28%
-10.39
-11.93%
-9.28
-29.42%
-7.17
Change In Payables And Accrued Expense
0.71
+192.35%
-0.77
+43.68%
-1.37
-191.94%
1.49
Change In Accrued Expense
0.71
+192.35%
-0.77
+43.68%
-1.37
-191.94%
1.49
Change In Other Working Capital
-0.26
-182.76%
0.32
+107.68%
-4.16
-344.84%
1.70
Investing Cash Flow
-269.94
-397.69%
90.68
+151.84%
-174.91
-45.82%
-119.95
Cash Flow From Continuing Investing Activities
-269.94
-397.69%
90.68
+151.84%
-174.91
-45.82%
-119.95
Capital Expenditure Reported
—
—
—
0.00
Net Business Purchase And Sale
18.08
+260.52%
-11.26
0.00
0.00
Purchase Of Business
-1.26
+88.79%
-11.26
0.00
0.00
Net Other Investing Changes
-52.87
-168.60%
77.07
+141.05%
-187.74
-42.60%
-131.65
Financing Cash Flow
138.94
+161.09%
-227.43
-383.13%
80.33
+310.23%
19.58
Cash Flow From Continuing Financing Activities
138.94
+161.09%
-227.43
-383.13%
80.33
+310.23%
19.58
Net Issuance Payments Of Debt
159.01
+176.80%
-207.06
-268.22%
123.09
+167.94%
45.94
Issuance Of Debt
308.51
0.00
-100.00%
172.25
-35.97%
269.00
Repayment Of Debt
-149.50
+27.80%
-207.06
-321.20%
-49.16
+77.96%
-223.06
Long Term Debt Issuance
308.51
0.00
-100.00%
172.25
-35.97%
269.00
Long Term Debt Payments
-149.50
+27.80%
-207.06
-321.20%
-49.16
+77.96%
-223.06
Net Long Term Debt Issuance
159.01
+176.80%
-207.06
-268.22%
123.09
+167.94%
45.94
Net Common Stock Issuance
100.56
+20.99%
83.11
+54.54%
53.78
-20.50%
67.64
Common Stock Payments
—
—
—
0.00
Common Stock Dividend Paid
-107.39
-6.83%
-100.53
-6.08%
-94.76
-3.56%
-91.51
Cash Dividends Paid
-107.39
-6.83%
-100.53
-6.08%
-94.76
-3.56%
-91.51
Repurchase Of Capital Stock
—
—
—
0.00
Proceeds From Stock Option Exercised
—
—
—
—
Net Other Financing Charges
-13.23
-349.52%
-2.94
-65.77%
-1.78
+28.76%
-2.49
Changes In Cash
4.97
+145.74%
-10.87
-209.74%
9.91
+89.86%
5.22
Beginning Cash Position
9.41
-53.59%
20.29
+95.45%
10.38
+101.10%
5.16
End Cash Position
14.39
+52.83%
9.41
-53.59%
20.29
+95.45%
10.38
Free Cash Flow
135.98
+8.03%
125.88
+20.46%
104.49
-1.04%
105.59
Interest Paid Supplemental Data
32.97
-17.68%
40.05
-15.11%
47.18
+63.76%
28.81
Change In Interest Payable
0.71
+192.35%
-0.77
+43.68%
-1.37
-191.94%
1.49
Common Stock Issuance
100.56
+20.99%
83.11
+54.54%
53.78
-20.50%
67.64
Dividend Received CFO
6.84
+435.13%
1.28
+2182.14%
0.06
-84.05%
0.35
Earnings Losses From Equity Investments
-6.76
-176.70%
-2.44
-62.37%
-1.50
+0.00%
-1.50
Issuance Of Capital Stock
100.56
+20.99%
83.11
+54.54%
53.78
-20.50%
67.64
Net Investment Properties Purchase And Sale
-235.16
-1045.43%
24.87
+93.88%
12.83
+9.61%
11.70
Purchase Of Investment Properties
-361.86
-2485.80%
-13.99
+73.82%
-53.45
+12.26%
-60.92
Sale Of Business
19.34
0.00
0.00
0.00
Sale Of Investment Properties
126.70
+225.99%
38.87
-41.35%
66.27
-8.74%
72.62
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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