LTC Stock Analysis: LTC Properties | NYSE
REIT - Healthcare Facilities | NYSE, USA | Market Cap: 2.287m USD | 12M Return: 28.6% | US5021751020 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 28.2M
EPS Trend: -69.9%
Qual. Beats: 0
Rev. Trend: 87.4%
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: 135.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.01 > 0.02 and ΔFCF/TA -8.44 > 1.0 |
| NWC/Revenue: -43.56% < 20% (prev 251.1%; Δ -294.6% < -1%) |
| CFO/TA 0.07 > 3% & CFO 141.5m > Net Income 135.4m |
| Net Debt (741.5m) to EBITDA (217.8m): 3.40 < 3 |
| Current Ratio: 0.41 > 1.5 & < 3 |
| Outstanding Shares: last quarter (52.2m) vs 12m ago 13.40% < -2% |
| Gross Margin: 85.08% > 18% (prev 90.07%; Δ -4.99% > 0.5%) |
| Asset Turnover: 17.52% > 50% (prev 12.12%; Δ 5.40% > 0%) |
| Interest Coverage Ratio: 4.37 > 6 (EBIT TTM 173.4m / Interest Expense TTM 39.6m) |
| A: -0.07 (Total Current Assets 104.2m - Total Current Liabilities 255.7m) / Total Assets 2.18b |
| B: -0.06 (Retained Earnings -121.6m / Total Assets 2.18b) |
| C: 0.09 (EBIT TTM 173.4m / Avg Total Assets 1.99b) |
| D: 1.52 (Book Value of Equity 1.27b / Total Liabilities 835.2m) |
| Altman-Z'' = 1.54 = BB |
| DSRI: 0.10 (Receivables 46.9m/842.3m, Revenue 348.0m/217.6m) |
| GMI: 1.06 (GM 90.07% / 85.08%) |
| AQI: 9.71 (AQ_t 0.33 / AQ_t-1 0.03) |
| SGI: 1.60 (Revenue 348.0m / 217.6m) |
| TATA: -0.00 (NI 135.4m - CFO 141.5m) / TA 2.18b) |
| Beneish M = 1.88 (Cap -4..+1) = D |
As of October 07, 2026, the stock is trading at USD 42.44 with a total of 389,681 shares traded. Over the past week, the price has changed by -1.53%, over one month by +1.47%, over three months by +10.97% and over the past year by +28.55%.
Current recommended Stop Loss: 41.10 (which is 3.2% or 1.6 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 | 46 | 8.4% |
P/E Trailing = 15.1536
P/E Forward = 12.4533
P/S = 6.7295
P/B = 1.8077
P/EG = 5.7437
Revenue TTM = 348.0m USD
EBIT TTM = 173.4m USD
EBITDA TTM = 217.8m USD
Long Term Debt = 577.1m USD (from longTermDebt, last quarter)
Short Term Debt = 200.0m USD (from shortTermDebt, last quarter)
Debt = 781.9m USD (from shortLongTermDebtTotal, last quarter) + Leases 2.41m
Net Debt = 741.5m USD (calculated: Debt 781.9m - CCE 40.4m)
Enterprise Value = 3.03b USD (2.29b + Debt 781.9m - CCE 40.4m)
Interest Coverage Ratio = 4.37 (Ebit TTM 173.4m / Interest Expense TTM 39.6m)
EV/FCF = -100.6x (Enterprise Value 3.03b / FCF TTM -30.1m)
FCF Yield = -0.99% (FCF TTM -30.1m / Enterprise Value 3.03b)
FCF Margin = -8.65% (FCF TTM -30.1m / Revenue TTM 348.0m)
Net Margin = 38.92% (Net Income TTM 135.4m / Revenue TTM 348.0m)
Gross Margin = 85.08% ((Revenue TTM 348.0m - Cost of Revenue TTM 51.9m) / Revenue TTM)
Gross Margin QoQ = none% (prev 33.53%)
Tobins Q-Ratio = 1.39 (Enterprise Value 3.03b / Total Assets 2.18b)
Interest Expense / Debt = 5.07% (Interest Expense 39.6m / Debt 781.9m)
Taxrate = 0.40% (536k / 133.8m)
NOPAT = 172.7m (EBIT 173.4m * (1 - 0.40%))
Current Ratio = 0.41 (Total Current Assets 104.2m / Total Current Liabilities 255.7m)
Debt / Equity = 0.62 (Debt 781.9m / totalStockholderEquity, last quarter 1.27b)
Debt / EBITDA = 3.40 (Net Debt 741.5m / EBITDA 217.8m)
Debt / FCF = -24.63 (negative FCF - burning cash) (Net Debt 741.5m / FCF TTM -30.1m)
Total Stockholder Equity = 1.10b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.82% (Net Income 135.4m / Total Assets 2.18b)
RoE = 12.28% (Net Income TTM 135.4m / Total Stockholder Equity 1.10b)
RoCE = 10.32% (EBIT 173.4m / Capital Employed (Equity 1.10b + L.T.Debt 577.1m))
RoIC = 8.21% (NOPAT 172.7m / Invested Capital 2.10b)
WACC = 5.13% (E(2.29b)/V(3.07b) * Re(5.16%) + D(781.9m)/V(3.07b) * Rd(5.07%) * (1-Tc(0.00)))
Discount Rate = 5.16% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 91.27 | Cagr: 8.96%
[DCF] Fair Price = unknown (Cash Flow -30.1m)
EPS Correlation: -69.86 | EPS CAGR: -8.80% | SUE: -0.06 | # QB: 0
Revenue Correlation: 87.39 | Revenue CAGR: 20.28% | SUE: -0.20 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.48 | Chg30d=+23.08% | Revisions=+25% | Analysts=1
EPS current Year (2026-12-31): EPS=8.09 | Chg30d=+323.18% | Revisions=+0% | GrowthEPS=+221.0% | GrowthRev=+63.4%
EPS next Year (2027-12-31): EPS=1.57 | Chg30d=+4.65% | Revisions=-25% | GrowthEPS=-18.6% | GrowthRev=+48.0%
[Analyst] Revisions Ratio: +0% (up=2, down=2)