LTC Properties AI Stock Analysis
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LTC Properties (LTC) AI Stock Analysis
LTC Properties
(NYSE:LTC)
The score is driven primarily by attractive valuation (very low P/E and solid dividend yield) and constructive technical momentum, reinforced by a positive earnings call focused on accelerating SHOP growth and strong liquidity. The main limiter is financial quality on the cash-flow side, with sharply negative TTM free cash flow and weak cash conversion raising sustainability and funding-risk concerns.
LTC Properties Key Performance Indicators (KPIs)
Revenue by SegmentShows how much rent and related revenue comes from each property type or business line, highlighting dependence on particular segments or tenants. Changes in segment revenue point to growth opportunities or concentration risks and help predict the impact of lease renewals, rent escalations, or tenant distress on overall top-line performance.
SHOP revenue is clearly powering LTC’s recent top‑line growth while the legacy real‑estate (triple‑net) portfolio is flat-to-down and Corporate & Other shows a one‑off spike—exactly the mix shift management is executing: SHOP to ~45% of investments and ~40% of NOI with a $600M midpoint acquisition plan. That promises higher FFO/FAD upside, but it also makes near‑term results and cash flow more dependent on transaction timing, occupancy seasonality, rising interest/G&A costs, and leverage at the upper end of guidance.
The FlyLTC Properties (LTC) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $2.50B
- Dividend Yield
- 5.13%
- Average Volume (3M)
- 623.73K
- Price to Earnings (P/E)
- 4.6
- Beta (1Y)
- 0.13
- Revenue Growth
- 68.94%
- EPS Growth
- 1200.88%
- Country
- US
- Employees
- 25
- Sector
- Real Estate
- Sector Strength
- 65
- Industry
- REIT - Healthcare Facilities
LTC Properties Business Overview & Revenue Model
Company Description
LTC Properties, Inc. is a real estate investment trust, which engages in managing seniors' housing and health care properties. It operates through the Real Estate Investment Portfolio and SHOP segments. The Real Estate Investment Portfolio segment co...
How the Company Makes Money
LTC Properties makes money primarily by investing in healthcare real estate and related real estate financing and earning recurring income from operators that use those assets. Key revenue streams: 1) Rental income from leased properties (triple-net...
LTC Properties Earnings Call Summary
The call was strongly positive, driven by rapid SHOP expansion, approximately $1 billion of expected 2026 acquisitions, a portfolio expected to reach 50% SHOP NOI, more than $900 million of pro forma liquidity, maintained full-year earnings guidance, and robust acquisition and operating momentum. The main negatives were the $500,000 reduction in core SHOP guidance, Medicaid pressure at two memory care communities, mix-related volatility, and limited first-year acquisition accretion. Highlights significantly outweighed the lowlights.
Q3-2026 Updates
Positive Updates
Negative Updates
Company Guidance
Management expects total 2026 acquisitions of approximately $1 billion, with $200 million of SHOP acquisitions expected to close in the first quarter of 2027, SHOP representing 50% of pro forma annualized NOI at year-end, and approximately 75% of annualized NOI from SHOP by the end of 2028; core SHOP guidance is $53.5 million-$55.5 million, with a midpoint of $54.5 million, representing approximately 11%-15% pro forma growth for the prior year and 13% at the midpoint, while the core SHOP portfolio can achieve high single to low double-digit NOI growth with a 200 basis point spread between RevPOR and ExPOR, even at zero occupancy growth. Full-year 2026 guidance remains Core FFO per share of $2.76-$2.78 and Core FAD per share of between $2.83- $2.85; pro forma liquidity stands at over $900 million, target leverage is four to five times debt to EBITDAre, and acquisitions are expected to be funded with 70% equity and 30% debt, with recent deals in the 6.5 range for year one projected cap rates. Management also cited in-place mid-single digits to high single digits of rate growth and high single-digit, low double-digit organic growth in the SHOP portfolio.
LTC Properties Financial Statement Overview
Summary
Income statement strength (revenue growth and strong reported profitability) and improving leverage support results, but cash flow is a major constraint: TTM free cash flow is sharply negative (-$598.2M) and operating cash flow covers only a small portion of net income, raising near-term funding and earnings-quality concerns.
Income Statement
74PositiveBalance Sheet
67PositiveCash Flow
38Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 393.94M | 262.85M | 209.85M | 197.24M | 175.15M | 155.32M |
| Gross Profit | 203.23M | 197.48M | 196.92M | 183.97M | 159.67M | 139.93M |
| EBITDA | 600.95M | 197.24M | 171.58M | 175.89M | 169.52M | 121.89M |
| Net Income | 503.57M | 117.97M | 91.04M | 89.73M | 100.02M | 55.86M |
Balance Sheet | ||||||
| Total Assets | 2.76B | 2.06B | 1.79B | 1.86B | 1.66B | 1.50B |
| Cash, Cash Equivalents and Short-Term Investments | 182.98M | 14.39M | 9.41M | 20.29M | 10.38M | 5.16M |
| Total Debt | 987.42M | 844.76M | 684.60M | 891.32M | 767.85M | 722.72M |
| Total Liabilities | 1.05B | 899.68M | 733.14M | 938.83M | 805.80M | 759.70M |
| Stockholders Equity | 1.63B | 1.07B | 960.63M | 881.28M | 828.37M | 736.71M |
Cash Flow | ||||||
| Free Cash Flow | -598.24M | 135.98M | 125.17M | 104.40M | 96.59M | 91.18M |
| Operating Cash Flow | 144.36M | 135.98M | 125.17M | 104.40M | 105.59M | 91.18M |
| Investing Cash Flow | -171.61M | -269.94M | 90.68M | -174.91M | -119.95M | -69.79M |
| Financing Cash Flow | 192.30M | 138.94M | -226.72M | 80.42M | 19.58M | -24.01M |
LTC Properties Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LTC, the sentiment is Positive. The current price of 44.47 is above the 20-day moving average (MA) of 43.97, above the 50-day MA of 42.95, and above the 200-day MA of 38.98, indicating a bullish trend. The MACD of 0.74 indicates Negative momentum. The RSI at 54.33 is Neutral, neither overbought nor oversold. The STOCH value of 53.46 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for LTC.
LTC Properties Risk Analysis
LTC Properties disclosed 39 risk factors in its most recent earnings report. LTC Properties reported the most risks in the "Finance & Corporate" category.
Latest Risks Added
0 New RisksLTC Properties Peers Comparison
Overall Rating
OHI83Outperform
CTRE77Outperform
NHI77Outperform- LTC72Outperform
SBRA72Outperform
STRW62Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| OHI | 83Outperform | $14.82B | 19.25 | 14.32% | 5.54% | 13.90% | 37.56% |
| CTRE | 77Outperform | $10.01B | 24.12 | 8.10% | 3.87% | 43.65% | 17.90% |
| NHI | 77Outperform | $3.33B | 4.76 | 41.65% | 5.46% | 28.04% | 347.16% |
| LTC | 72Outperform | $2.50B | 4.58 | 39.59% | 5.13% | 68.94% | 1200.88% |
| SBRA | 72Outperform | $5.59B | 76.14 | 2.55% | 5.63% | 21.20% | -61.51% |
| Sector * | 65Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% |
| STRW | 62Neutral | $731.16M | 59.09 | 25.32% | 5.08% | 10.13% | -63.21% |
* Real Estate Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| LTC | Ltc Properties | 44.47 | 10.71 | 31.72% | |
| NHI | National Health Investors | 67.79 | -5.36 | -7.33% | |
| OHI | Omega Healthcare Investors | 48.70 | 7.65 | 18.62% | |
| SBRA | Sabra Healthcare Reit | 21.32 | 3.73 | 21.24% | |
| CTRE | CareTrust REIT | 38.84 | 4.50 | 13.11% | |
| STRW | Strawberry Fields REIT Inc | 13.00 | 1.31 | 11.22% |
LTC Properties Corporate Events
LTC Properties Adds Co-CEOs to Expanded Board
PositiveOn September 22, 2026, LTC Properties expanded its Board of Directors from six to eight members and elected Co‑Presidents and Co‑CEOs Pam Kessler and Clint Malin as directors. The move, announced publicly on September 25, 2026, leaves five of the eig...
LTC Properties Launches Expanded Equity Distribution and Forward Program
PositiveOn August 6, 2026, LTC Properties entered into a new equity distribution agreement and related forward sale arrangements with a syndicate of banks and dealers, enabling the company to issue and sell up to $500 million of common stock through at‑the‑m...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Nov 04, 2026