LTC Properties Inc (LTC)

Nov 10, 2026

Royal Bank of Canada has increased its price target for LTC Properties (NYSE:LTC) from $52 to $53, maintaining an "outperform" rating, which suggests a 19.67% upside. This follows LTC Properties reporting strong quarterly results with EPS of $6.39 and revenue of $114.08 million, significantly exceeding analyst estimates. The company also holds a "Moderate Buy" consensus rating among analysts with an average price target of $47.60.

Nov 5, 2026

Huntington has initiated coverage on LTC Properties (NYSE:LTC) with a "strong-buy" rating, contributing to a "Moderate Buy" consensus rating and an average price target of $47.40 across analysts. The real estate investment trust recently exceeded quarterly earnings and revenue estimates, reporting core FFO of $0.71 per share and $114.08 million in revenue. Despite positive acquisition activity and strong Q3 results, the company's 2026 guidance was noted as less encouraging.

Nov 5, 2026

LTC Properties Inc (LTC) reported strong Q3 2026 earnings, with core FFO per share increasing to $0.71 and core FAD per share to $0.73. The company's SHOP portfolio has grown significantly to $1.6 billion, with $950 million in acquisitions closed through October 2026, and is expected to represent 50% of pro forma annualized NOI by year-end. Despite a slight reduction in 2026 core SHOP NOI guidance due to a Medicaid rate decrease, LTC maintains over $900 million in liquidity and is strategically shifting towards a private-pay model.

Nov 5, 2026

LTC Properties expects to reach $1 billion in investments by the end of 2026, marking a "historic year" of growth and expanding its senior housing operating portfolio to $1.6 billion. The REIT has made significant acquisitions and divestitures throughout the year, with further acquisitions anticipated in early 2027. This aggressive expansion strategy aims to make the senior housing operating portfolio represent 50% of the REIT's net operating income by year-end 2026 and 75% by the end of 2028.