LTC Stock Analysis: LTC Properties | NYSE
REIT - Healthcare Facilities | NYSE, USA | Market Cap: 2.497m USD | 12M Return: 30.1% | US5021751020 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 27.7M
EPS Trend: -33.0%
Qual. Beats: 0
Rev. Trend: 90.3%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
LTC Properties, Inc. (NYSE: LTC) is a real estate investment trust (REIT) that invests in seniors housing and health care properties across the United States. The company deploys capital through multiple structures, including the Senior Housing Operating Portfolio (SHOP) model, triple-net leases, joint ventures, and structured finance solutions. Its portfolio comprises nearly 190 properties, with approximately 70% of gross real estate investments allocated to seniors housing communities and the remainder to skilled nursing centers. Founded in 1992 and incorporated in Maryland, LTC is classified within the Health Care REITs sub-industry of the Real Estate sector.
As a REIT, LTC is generally required to distribute the majority of its taxable income to shareholders in the form of dividends, a structure common across the Health Care REITs segment. Triple-net lease arrangements, a core part of LTCs business model, shift operating costs such as property taxes, insurance, and maintenance to tenants, while SHOP investments allow the company to participate more directly in the operating performance of seniors housing communities.
- Seniors housing occupancy gains accelerate rental revenue growth
- Interest rate volatility pressures healthcare REIT valuations and dividend yields
- Skilled nursing Medicaid reimbursement changes impact operator tenant performance
| Net Income: 503.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.22 > 0.02 and ΔFCF/TA -28.14 > 1.0 |
| NWC/Revenue: 47.32% < 20% (prev 201.9%; Δ -154.6% < -1%) |
| CFO/TA 0.05 > 3% & CFO 144.4m > Net Income 503.6m |
| Net Debt (806.8m) to EBITDA (601.0m): 1.34 < 3 |
| Current Ratio: 4.11 > 1.5 & < 3 |
| Outstanding Shares: last quarter (54.2m) vs 12m ago 17.53% < -2% |
| Gross Margin: 51.59% > 18% (prev 83.40%; Δ -31.81% > 0.5%) |
| Asset Turnover: 16.42% > 50% (prev 11.31%; Δ 5.11% > 0%) |
| Interest Coverage Ratio: 13.09 > 6 (EBIT TTM 551.8m / Interest Expense TTM 42.2m) |
| A: 0.07 (Total Current Assets 246.4m - Total Current Liabilities 60.0m) / Total Assets 2.76b |
| B: 0.07 (Retained Earnings 195.7m / Total Assets 2.76b) |
| C: 0.23 (EBIT TTM 551.8m / Avg Total Assets 2.40b) |
| D: 1.56 (Book Value of Equity 1.63b / Total Liabilities 1.05b) |
| Altman-Z'' = 3.86 = AA |
| DSRI: 1.36 (Receivables 47.4m/20.5m, Revenue 393.9m/231.1m) |
| GMI: 1.62 (GM 83.40% / 51.59%) |
| AQI: 1.28 (AQ_t 0.27 / AQ_t-1 0.21) |
| SGI: 1.70 (Revenue 393.9m / 231.1m) |
| TATA: 0.13 (NI 503.6m - CFO 144.4m) / TA 2.76b) |
| Beneish M = -1.49 (Cap -4..+1) = D |
As of November 11, 2026, the stock is trading at USD 44.47 with a total of 641,902 shares traded. Over the past week, the price has changed by -2.90%, over one month by +3.77%, over three months by +14.36% and over the past year by +30.05%.
Current recommended Stop Loss: 42.40 (which is 4.7% or 1.9 ATR below the current price).
LTC Properties has received a consensus analysts rating of 3.50. Therefore, it is recommended to hold LTC.
- StrongBuy: 1
- Buy: 2
- Hold: 5
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 45.9 | 3.1% |
P/E Trailing = 16.5464
P/E Forward = 18.5529
P/S = 7.348
P/B = 1.9462
P/EG = 5.7437
Revenue TTM = 393.9m USD
EBIT TTM = 551.8m USD
EBITDA TTM = 601.0m USD
Long Term Debt = 589.3m USD (from longTermDebt, last fiscal year)
Short Term Debt = 51.5m USD (from shortTermDebt, last fiscal year)
Debt = 989.8m USD (from shortLongTermDebtTotal, last quarter) + Leases 2.41m
Net Debt = 806.8m USD (calculated: Debt 989.8m - CCE 183.0m)
Enterprise Value = 3.30b USD (2.50b + Debt 989.8m - CCE 183.0m)
Interest Coverage Ratio = 13.09 (Ebit TTM 551.8m / Interest Expense TTM 42.2m)
EV/FCF = -5.52x (Enterprise Value 3.30b / FCF TTM -598.2m)
FCF Yield = -18.10% (FCF TTM -598.2m / Enterprise Value 3.30b)
FCF Margin = -151.9% (FCF TTM -598.2m / Revenue TTM 393.9m)
Net Margin = 127.8% (Net Income TTM 503.6m / Revenue TTM 393.9m)
Gross Margin = 51.59% ((Revenue TTM 393.9m - Cost of Revenue TTM 190.7m) / Revenue TTM)
Gross Margin QoQ = 54.19% (prev 55.18%)
Tobins Q-Ratio = 1.20 (Enterprise Value 3.30b / Total Assets 2.76b)
Interest Expense / Debt = 4.26% (Interest Expense 42.2m / Debt 989.8m)
Taxrate = 0.18% (892k / 509.6m)
NOPAT = 550.8m (EBIT 551.8m * (1 - 0.18%))
Current Ratio = 4.11 (Total Current Assets 246.4m / Total Current Liabilities 60.0m)
Debt / Equity = 0.61 (Debt 989.8m / totalStockholderEquity, last quarter 1.63b)
Debt / EBITDA = 1.34 (Net Debt 806.8m / EBITDA 601.0m)
Debt / FCF = -1.35 (negative FCF - burning cash) (Net Debt 806.8m / FCF TTM -598.2m)
Total Stockholder Equity = 1.27b (last 4 quarters mean from totalStockholderEquity)
RoA = 20.98% (Net Income 503.6m / Total Assets 2.76b)
RoE = 39.59% (Net Income TTM 503.6m / Total Stockholder Equity 1.27b)
RoCE = 29.64% (EBIT 551.8m / Capital Employed (Equity 1.27b + L.T.Debt 589.3m))
RoIC = 20.20% (NOPAT 550.8m / Invested Capital 2.73b)
WACC = 4.67% (E(2.50b)/V(3.49b) * Re(4.84%) + D(989.8m)/V(3.49b) * Rd(4.26%) * (1-Tc(0.00)))
Discount Rate = 4.84% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 91.16 | Cagr: 10.32%
[DCF] Fair Price = unknown (Cash Flow -598.2m)
EPS Correlation: -32.96 | EPS CAGR: -3.96% | SUE: 0.02 | # QB: 0
Revenue Correlation: 90.33 | Revenue CAGR: 27.15% | SUE: 0.38 | # QB: 0
EPS current Quarter (2027-03-31): EPS=0.40 | Chg30d=+5.33% | Revisions=+25% | Analysts=2
EPS current Year (2026-12-31): EPS=8.09 | Chg30d=+0.00% | Revisions=+0% | GrowthEPS=+221.0% | GrowthRev=+66.2%
EPS next Year (2027-12-31): EPS=1.61 | Chg30d=+2.22% | Revisions=+0% | GrowthEPS=-18.6% | GrowthRev=+50.7%
[Analyst] Revisions Ratio: +17% (up=2, down=1)