LTC Properties (NYSE:LTC) Stock Price Expected to Rise, Royal Bank Of Canada Analyst Says

LTC Properties (NYSE:LTC) had its price objective boosted by equities research analysts at Royal Bank Of Canada from $45.00 to $52.00 in a research report issued on Friday, Benzinga reports. The firm presently has an “outperform” rating on the real estate investment trust’s stock. Royal Bank Of Canada’s price objective would indicate a potential upside of 20.73% from the stock’s current price.

LTC has been the topic of several other research reports. Wells Fargo & Company increased their price objective on LTC Properties from $40.00 to $42.00 and gave the stock an “equal weight” rating in a research report on Tuesday, September 1st. Huntington began coverage on shares of LTC Properties in a research note on Thursday, September 10th. They issued an “outperform” rating and a $47.00 price target on the stock. Citigroup reaffirmed a “market outperform” rating on shares of LTC Properties in a research report on Wednesday, June 10th. Weiss Ratings downgraded shares of LTC Properties from a “buy (b+)” rating to a “buy (b)” rating in a report on Thursday, September 24th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of LTC Properties from a “hold” rating to a “buy” rating and set a $55.00 price target for the company in a research report on Thursday, August 27th. Six research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $46.50.

LTC Properties Trading Up 0.9%

Shares of LTC stock opened at $43.07 on Friday. The firm has a fifty day moving average of $41.26 and a 200-day moving average of $39.38. The stock has a market cap of $2.32 billion, a price-to-earnings ratio of 15.75 and a beta of 0.54. LTC Properties has a 52-week low of $33.64 and a 52-week high of $43.60. The company has a debt-to-equity ratio of 0.58, a quick ratio of 8.60 and a current ratio of 8.60.

LTC Properties (NYSE:LTC) last released its quarterly earnings results on Wednesday, August 5th. The real estate investment trust reported $0.56 EPS for the quarter, beating analysts’ consensus estimates of $0.48 by $0.08. The firm had revenue of $98.08 million for the quarter, compared to analyst estimates of $79.01 million. LTC Properties had a net margin of 38.84% and a return on equity of 11.42%. The company’s revenue for the quarter was up 63.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.68 earnings per share. LTC Properties has set its FY 2026 guidance at 2.760-2.780 EPS. On average, equities research analysts forecast that LTC Properties will post 2.78 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director David L. Gruber acquired 3,500 shares of the company’s stock in a transaction dated Tuesday, August 11th. The shares were purchased at an average price of $38.30 per share, for a total transaction of $134,050.00. Following the completion of the acquisition, the director owned 47,545 shares of the company’s stock, valued at approximately $1,820,973.50. This trade represents a 7.95% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Timothy Triche sold 3,125 shares of the business’s stock in a transaction dated Monday, July 13th. The shares were sold at an average price of $39.54, for a total value of $123,562.50. Following the completion of the sale, the director directly owned 37,786 shares of the company’s stock, valued at $1,494,058.44. The trade was a 7.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 2.20% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the company. QRG Capital Management Inc. raised its stake in shares of LTC Properties by 8.1% during the 2nd quarter. QRG Capital Management Inc. now owns 10,684 shares of the real estate investment trust’s stock worth $411,000 after purchasing an additional 805 shares during the period. Anchor Investment Management LLC increased its stake in shares of LTC Properties by 20.9% during the 2nd quarter. Anchor Investment Management LLC now owns 5,395 shares of the real estate investment trust’s stock worth $207,000 after purchasing an additional 932 shares during the last quarter. Sequoia Financial Advisors LLC bought a new stake in shares of LTC Properties in the 2nd quarter worth approximately $241,000. Tidal Investments LLC purchased a new stake in LTC Properties in the second quarter worth $201,000. Finally, Integrated Wealth Concepts LLC bought a new stake in LTC Properties in the 2nd quarter valued at about $72,000. 69.25% of the stock is owned by institutional investors.

LTC Properties News Summary

Here are the key news stories impacting LTC Properties this week:

• Positive Sentiment: Expanded SHOP platform: LTC agreed to acquire three senior housing communities through two transactions totaling nearly $160 million. The acquisitions advance management’s portfolio transformation toward operating senior housing assets, which may provide greater growth and operating upside than traditional triple-net properties. LTC Accelerates SHOP Growth With Another $160 Million in Acquisitions
• Positive Sentiment: Continued monthly income: LTC declared a $0.19-per-share monthly dividend for October, November and December. The payments total $2.28 on an annualized basis and represent an indicated yield of approximately 5.3%, supporting the stock’s appeal to income-focused investors. LTC Declares Its Monthly Common Stock Cash Dividend for the Fourth Quarter of 2026
• Neutral Sentiment: Portfolio repositioning: To help fund or complement the acquisitions, LTC is divesting two non-SHOP portfolios consisting of approximately $260 million in triple-net properties. The shift is strategically consistent with the company’s SHOP expansion, but selling established assets could reduce some stable rental income in the near term. LTC Properties Acquires Senior Housing Assets for $160M, Divests $260M in Triple-Net Properties

LTC Properties Company Profile

LTC Properties, Inc (NYSE: LTC) is a real estate investment trust that invests in healthcare-related properties. The company focuses primarily on senior housing and healthcare real estate, including assisted living, memory care, independent living and skilled nursing facilities.

LTC supports its portfolio through a range of investment structures, including property acquisitions, long-term leases, mortgage loans, mezzanine financing, preferred equity investments and joint ventures. Its properties are generally operated by third-party healthcare providers under lease or other investment arrangements.

Founded in 1992, LTC Properties serves markets across the United States.