LTC Properties, Inc. (LTC) AI Stock Analysis

LTC Properties, Inc. operates as a specialized real estate investment trust focused on investing in seniors housing and healthcare properties across the United States. Its investment strategies include sale-leasebacks, mortgage financing, joint ventures, and structured finance solutions such as preferred equity and mezzanine lending. The company manages 181 investments across 27 states with 29 operating partners. Its portfolio is approximately 50% allocated to seniors housing properties and 50% to skilled nursing facilities. Headquartered in Westlake Village, California, the company was founded in 1992 and employs 25 people.

LTC Properties expanded revenue from $155.3M in FY2021 to $262.9M in FY2025, reflecting a 5-year revenue CAGR of 10.5%. Annual revenue growth accelerated to 25.3% in FY2025 following gains of 12.8% in FY2022, 12.6% in FY2023, and 6.4% in FY2024. Gross margin stood at 75.1% in FY2025, down from 93.8% in FY2024, while operating margin improved to 48.2%. Net income reached $118.0M in FY2025 with diluted EPS of $1.87. In the latest quarter ended June 30, 2026, quarterly revenue grew 65.5% year-over-year, and quarterly earnings grew 75.0%, bringing trailing twelve-month revenue to $339.9M and EPS to $2.80.

As of June 30, 2026, LTC held $40.4M in cash and short-term investments against total debt of $779.5M, resulting in net debt of $739.1M. Shareholders' equity was $1.27B against total assets of $2.18B, reflecting a debt-to-equity ratio of 0.61 and a current ratio of 0.41. In FY2025, operating cash flow and free cash flow both reached $136.0M. During FY2025, cash deployment included $361.9M in capital expenditures, $107.4M in dividends paid, and $5.2M in share buybacks, while share count expanded 33.2% over 5 years.

LTC trades at a trailing P/E of 15.6x and a forward P/E of 12.5x, compared to medians of 21.6x and 23.5x for its US-listed Real Estate peers. Its enterprise value of $3.03B represents an EV/EBITDA multiple of 13.5x, below the peer median of 14.7x, while its price-to-sales multiple of 6.9x is above the peer median of 3.7x. Over the past year, LTC delivered a return of 34.0%, outpacing the S&P 500 return of 16.8%. Over five years, LTC rose 75.0% compared to 83.0% for the S&P 500.

LTC pays a forward annual dividend of $2.28 per share, which equates to a 5.22% dividend yield based on its last close of $43.68. The dividend is distributed monthly and represents a payout ratio of 36.4%. LTC has paid dividends for 25 consecutive years, though its 5-year annualized dividend growth rate is 0.0%. The last ex-dividend date was December 23, 2026.

Wall Street analyst coverage consists of 1 Strong Buy, 2 Buys, and 5 Holds, with no Sell or Strong Sell ratings. The mean price target of $45.86 implies an upside of 5.0% from the last close of $43.68. For the current fiscal year ending December 31, 2026, consensus estimates project revenue of $429.6M and EPS of $8.09. Over the last four quarters, LTC beat EPS estimates twice. The next earnings date is November 3, 2026.

This page is an AI-written research summary of LTC Properties, Inc. (LTC). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: LTC income statement, LTC balance sheet, LTC key metrics, LTC analyst forecast, LTC chart. See the LTC stock overview for the latest quote and news.