Companies /Real Estate

LTC Properties Inc

NYSE: LTC Reit - Healthcare Facilities
$45.80
▲ $0.66 (+1.46%) today
Markets closed · 12:44am ET

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LTC at a Glance

Valuation
Market cap
$2.4B
P/E ratio
16.1
Dividend yield
5.09%
Profitability
Revenue (TTM)
$339.9M
Profit margin
39.9%
EPS (TTM)
$2.80
Price
52-week range
$32 – $46
Street target
$45.86
Earnings
Q3 2026 EPS
$6.39
vs. $0.46 est.
+1,289.1%

Headquartered in Westlake Village, CA Fiscal year ends December NYSE: LTC LTCreit.com

About LTC Properties

LTC Properties, Inc. (NYSE: LTC) is a self-administered real estate investment trust founded in 1992 that invests in seniors housing and health care properties.

It invests mainly through four channels:
- A Seniors Housing Operating Portfolio (SHOP), structured under RIDEA.
- Triple-net leases.
- Joint ventures.
- Structured finance, including mortgage loans, mezzanine lending and preferred equity.

The portfolio covers about 168 properties with roughly 14,937 units and beds across 28 states and 30 operators. Property types include assisted living, independent living and memory care communities, plus skilled nursing centers. About 80% of gross investments are seniors housing and the rest is mostly skilled nursing.

Since launching SHOP in May 2025, LTC has grown it to 50 communities managed by 14 third-party operators, including Lifespark, Charter Senior Living, Anthem Memory Care, IntegraCare, The Arbor Company and MorningStar Senior Living. SHOP accounts for about 45% of annualized NOI and 53% of gross investments.

LTC is funding the shift through skilled nursing property sales, mortgage loan payoffs, ATM equity issuance and its revolving credit facility. Key triple-net and loan operators include Prestige Healthcare, ALG Senior and Encore Senior Living. Updated

Revenue by Segment · Q3 2026
  1. Seniors Housing Operating Portfolio (SHOP)61%
  2. Triple-Net Portfolio (NNN)24%
  3. Mortgage Loans9%
  4. Financing Receivables5%
  5. Interest and Other Income1%

LTC Coverage

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Frequently Asked Questions

What does LTC Properties do?

LTC Properties, Inc. (NYSE: LTC) is a self-administered real estate investment trust founded in 1992 that invests in seniors housing and health care properties.

What is the LTC stock price target?

The Wall Street consensus 12-month price target for LTC is $45.86.