LTC Stock Analysis: LTC Properties | NYSE
REIT - Healthcare Facilities | NYSE, USA | Market Cap: 1.968m USD | 12M Return: 18.3% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 20.3M
EPS Trend: -90.7%
Qual. Beats: 0
Rev. Trend: 86.2%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality
LTC Properties, Inc. is a U.S.-based real estate investment trust (REIT) that invests in seniors housing and health care properties. Its investment approach centers on the Senior Housing Operating Portfolio (SHOP) model, in which the REIT participates in property operations, alongside triple-net lease arrangements and joint ventures. The companys portfolio includes nearly 190 properties located throughout the United States, with roughly 64% of gross real estate investments allocated to seniors housing communities and the balance to skilled nursing centers. LTC Properties was incorporated in 1992 and is headquartered in Westlake Village, California.
As a REIT, LTC Properties is structured to distribute the majority of its taxable income to shareholders, a tax framework common to the health care REIT subsector. The combination of SHOP, triple-net, and joint venture structures allows the company to diversify its exposure to operator credit and day-to-day operating risk across the seniors housing and skilled nursing industries.
- Aging demographics drive senior housing occupancy and rental growth
- Federal Reserve rate moves pressure small-cap REIT valuations and dividend yields
- SHOP segment margins pressured by rising labor and operating costs
| Net Income: 120.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA -1.13 > 1.0 |
| NWC/Revenue: 140.1% < 20% (prev 311.8%; Δ -171.7% < -1%) |
| CFO/TA 0.07 > 3% & CFO 137.1m > Net Income 120.9m |
| Net Debt (850.8m) to EBITDA (205.9m): 4.13 < 3 |
| Current Ratio: 2.29 > 1.5 & < 3 |
| Outstanding Shares: last quarter (49.0m) vs 12m ago 7.19% < -2% |
| Gross Margin: 59.35% > 18% (prev 93.90%; Δ -34.55% > 0.5%) |
| Asset Turnover: 15.96% > 50% (prev 11.69%; Δ 4.27% > 0%) |
| Interest Coverage Ratio: 4.32 > 6 (EBIT TTM 165.1m / Interest Expense TTM 38.2m) |
| A: 0.21 (Total Current Assets 768.4m - Total Current Liabilities 334.9m) / Total Assets 2.10b |
| B: -0.06 (Retained Earnings -121.4m / Total Assets 2.10b) |
| C: 0.09 (EBIT TTM 165.1m / Avg Total Assets 1.94b) |
| D: 1.21 (Book Value of Equity 1.11b / Total Liabilities 919.3m) |
| Altman-Z'' = 3.00 = A |
| DSRI: 0.62 (Receivables 746.7m/802.1m, Revenue 309.4m/207.5m) |
| GMI: 1.58 (GM 93.90% / 59.35%) |
| AQI: 18.35 (AQ_t 0.63 / AQ_t-1 0.03) |
| SGI: 1.49 (Revenue 309.4m / 207.5m) |
| TATA: -0.01 (NI 120.9m - CFO 137.1m) / TA 2.10b) |
| Beneish M = 7.83 (Cap -4..+1) = D |
As of June 30, 2026, the stock is trading at USD 38.46 with a total of 535,725 shares traded. Over the past week, the price has changed by +6.30%, over one month by +2.22%, over three months by +4.61% and over the past year by +18.28%.
Current recommended Stop Loss: 37.20 (which is 3.3% or 1.6 ATR below the current price).
LTC Properties has received a consensus analysts rating of 3.25. Therefore, it is recommended to hold LTC.
- StrongBuy: 1
- Buy: 1
- Hold: 5
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 41.1 | 7% |
P/E Trailing = 15.0824
P/E Forward = 12.4533
P/S = 6.5389
P/B = 1.773
P/EG = 5.7437
Revenue TTM = 309.4m USD
EBIT TTM = 165.1m USD
EBITDA TTM = 205.9m USD
Long Term Debt = 584.5m USD (from longTermDebt, last quarter)
Short Term Debt = 285.5m USD (from shortTermDebt, last quarter)
Debt = 872.4m USD (from shortLongTermDebtTotal, last quarter) + Leases 2.50m
Net Debt = 850.8m USD (calculated: Debt 872.4m - CCE 21.7m)
Enterprise Value = 2.82b USD (1.97b + Debt 872.4m - CCE 21.7m)
Interest Coverage Ratio = 4.32 (Ebit TTM 165.1m / Interest Expense TTM 38.2m)
EV/FCF = 20.97x (Enterprise Value 2.82b / FCF TTM 134.5m)
FCF Yield = 4.77% (FCF TTM 134.5m / Enterprise Value 2.82b)
FCF Margin = 43.46% (FCF TTM 134.5m / Revenue TTM 309.4m)
Net Margin = 39.08% (Net Income TTM 120.9m / Revenue TTM 309.4m)
Gross Margin = 59.35% ((Revenue TTM 309.4m - Cost of Revenue TTM 125.8m) / Revenue TTM)
Gross Margin QoQ = 33.53% (prev 64.28%)
Tobins Q-Ratio = 1.34 (Enterprise Value 2.82b / Total Assets 2.10b)
Interest Expense / Debt = 4.38% (Interest Expense 38.2m / Debt 872.4m)
Taxrate = 0.23% (289k / 126.9m)
NOPAT = 164.7m (EBIT 165.1m * (1 - 0.23%))
Current Ratio = 2.29 (Total Current Assets 768.4m / Total Current Liabilities 334.9m)
Debt / Equity = 0.79 (Debt 872.4m / totalStockholderEquity, last quarter 1.11b)
Debt / EBITDA = 4.13 (Net Debt 850.8m / EBITDA 205.9m)
Debt / FCF = 6.33 (Net Debt 850.8m / FCF TTM 134.5m)
Total Stockholder Equity = 1.03b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.23% (Net Income 120.9m / Total Assets 2.10b)
RoE = 11.79% (Net Income TTM 120.9m / Total Stockholder Equity 1.03b)
RoCE = 10.26% (EBIT 165.1m / Capital Employed (Equity 1.03b + L.T.Debt 584.5m))
RoIC = 8.08% (NOPAT 164.7m / Invested Capital 2.04b)
WACC = 5.16% (E(1.97b)/V(2.84b) * Re(5.51%) + D(872.4m)/V(2.84b) * Rd(4.38%) * (1-Tc(0.00)))
Discount Rate = 5.51% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 100.00 | Cagr: 7.01%
[DCF] Terminal Value 75.52% ; FCFF base≈134.1m ; Y1≈135.4m ; Y5≈144.8m
[DCF] Fair Price = 27.33 (EV 2.25b - Net Debt 850.8m = Equity 1.40b / Shares 51.2m; r=8.35% [WACC [floored]]; 5y FCF grow 0.59% → 2.50% )
EPS Correlation: -90.70 | EPS CAGR: -14.48% | SUE: 0.03 | # QB: 0
Revenue Correlation: 86.21 | Revenue CAGR: 14.64% | SUE: 0.34 | # QB: 0
EPS next Quarter (2026-09-30): EPS=0.39 | Chg30d=-11.36% | Revisions=-20% | Analysts=1
EPS current Year (2026-12-31): EPS=1.72 | Chg30d=+0.58% | Revisions=+20% | GrowthEPS=+0.0% | GrowthRev=+64.4%
EPS next Year (2027-12-31): EPS=1.65 | Chg30d=+2.17% | Revisions=+20% | GrowthEPS=-4.4% | GrowthRev=+32.1%
[Analyst] Revisions Ratio: -20%