Company research
LTC PROPERTIES INC
CIK 887905Updated Sep 24, 2026
SecurityLTC · NYSE · equity
LTC price & chart
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NYSE:LTC on TradingView ↗About the company
LTC is a real estate investment trust (REIT) focused on seniors housing and health care properties, principally investing through SHOP, triple-net leases, joint ventures, and structured finance solutions. The Company’s portfolio includes nearly 190 properties throughout the United States. Based on gross real estate investments, 70% of the Company’s assets are seniors housing communities with the remainder skilled nursing centers. Learn more at www. LTCreit.com.
In the news
Recent filings
Entry into a Material Definitive Agreement · Termination of a Material Definitive Agreement
Items 1.01, 1.02, 9.01
424B5 filing
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
144 filing
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 2,062,060,000Source | 1,786,142,000Source | 1,855,098,000Source | 1,656,103,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 6,520,000Source | — | — | — |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 14,387,000Source | 9,414,000Source | 20,286,000Source | 10,379,000Source |
| Accounts Receivable | — | — | — | — |
| Operating Lease, Right-of-Use AssetUSD | 2,580,000Source | — | — | — |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 899,676,000Source | 733,137,000Source | 938,831,000Source | 805,796,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 485,000Source | 455,000Source | 430,000Source | 412,000Source |
| Additional Paid in CapitalUSD | 1,189,846,000Source | 1,082,764,000Source | 991,656,000Source | 931,124,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 482,000Source | 3,815,000Source | 6,110,000Source | 8,719,000Source |
| Stockholders' Equity Attributable to ParentUSD | 1,074,984,000Source | 960,627,000Source | 881,279,000Source | 828,367,000Source |
| Liabilities and EquityUSD | 2,062,060,000Source | 1,786,142,000Source | 1,855,098,000Source | 1,656,103,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 87,400,000Source | 92,378,000Source | 34,988,000Source | 21,940,000Source |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetUSD | 695,000Source | — | — | — |
| Long-term DebtUSD | 842,181,000Source | 684,600,000Source | 891,317,000Source | 767,854,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 123,880,000Source | 94,879,000Source | 91,462,000Source | 100,584,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 37,874,000Source | 36,367,000Source | 37,416,000Source | 37,496,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 9,329,000Source | 9,052,000Source | 8,481,000Source | 7,964,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 135,977,000Source | 125,172,000Source | 104,403,000Source | 105,586,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -269,944,000Source | 90,680,000Source | -174,912,000Source | -119,949,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 5,209,000Source | 1,533,000Source | 1,619,000Source | 1,355,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 138,940,000Source | -226,724,000Source | 80,416,000Source | 19,581,000Source |
| Dividends paid | — | — | — | — |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | -11,000Source | -30,000Source | — | -6,000Source |
| Repayments of Long-term DebtUSD | 527,487,000Source | 234,260,000Source | 154,360,000Source | 223,060,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 4,973,000Source | -10,872,000Source | 9,907,000Source | 5,218,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 14,387,000Source | 9,414,000Source | 20,286,000Source | 10,379,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 32,968,000Source | 40,048,000Source | 47,178,000Source | 28,809,000Source |
| Additional Financial Items | ||||
| Amortization of Debt Issuance CostsUSD | 1,626,000Source | 1,059,000Source | 1,205,000Source | 1,139,000Source |
| Gain (Loss) on Sale of Mortgage LoansUSD | — | — | 1,380,000Source | — |
| Gain (Loss) on Sale of PropertiesUSD | 77,822,000Source | 7,979,000Source | 37,296,000Source | 37,830,000Source |
| General and Administrative ExpenseUSD | 31,120,000Source | 27,243,000Source | 24,286,000Source | 23,706,000Source |
| Income Tax Expense (Benefit)USD | 179,000Source | 0Source | 0Source | 0Source |
| Net Income (Loss) Attributable to ParentUSD | 117,972,000Source | 91,040,000Source | 89,735,000Source | 100,024,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 5,908,000Source | 3,839,000Source | 1,727,000Source | 560,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 117,276,000Source | 90,358,000Source | 89,148,000Source | 99,444,000Source |
| Operating Lease, Lease IncomeUSD | 116,171,000Source | 132,278,000Source | 127,350,000Source | 128,244,000Source |
| Payments of Financing CostsUSD | 6,390,000Source | 569,000Source | 68,000Source | 1,208,000Source |
| Proceeds from Issuance of Common StockUSD | 100,555,000Source | 82,404,000Source | 53,777,000Source | 68,156,000Source |
| Proceeds from Issuance of Long-term DebtUSD | 686,500,000Source | 27,200,000Source | 277,450,000Source | 269,000,000Source |
| Proceeds from Noncontrolling InterestsUSD | — | — | — | 50,000Source |
| Provision for Loan, Lease, and Other LossesUSD | 1,514,000Source | 321,000Source | 26,000Source | 256,000Source |
| Financing Receivable, Credit Loss, Expense (Reversal)USD | -218,000Source | -134,000Source | 22,000Source | 303,000Source |
| Real Estate Tax ExpenseUSD | 10,795,000Source | 12,930,000Source | 13,269,000Source | 15,486,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 262,854,000Source | 209,847,000Source | 197,244,000Source | 175,153,000Source |
| Operating Income (Loss)USD | 204,728,000Source | 92,437,000Source | 89,958,000Source | 99,080,000Source |
| Income Tax Expense (Benefit)USD | 179,000Source | 0Source | 0Source | 0Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 5,908,000Source | 3,839,000Source | 1,727,000Source | 560,000Source |
| Net Income (Loss) Attributable to ParentUSD | 117,972,000Source | 91,040,000Source | 89,735,000Source | 100,024,000Source |
| Earnings Per Share, BasicUSD per share | 2.54Source | 2.07Source | 2.16Source | 2.49Source |
| Earnings Per Share, DilutedUSD per share | 2.52Source | 2.04Source | 2.16Source | 2.48Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 46,230,000Source | 43,743,000Source | 41,272,000Source | 39,894,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 46,560,000Source | 44,241,000Source | 41,358,000Source | 40,067,000Source |
| Additional Financial Items | ||||
| Business Combination, Acquisition Related CostsUSD | 8,221,000Source | 819,000Source | 1,144,000Source | 828,000Source |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 0.19Source | 0.19Source | — | — |
| Costs and ExpensesUSD | 223,374,000Source | 125,389,000Source | 144,582,000Source | 113,903,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 37,874,000Source | 36,367,000Source | 37,416,000Source | 37,496,000Source |
| General and Administrative ExpenseUSD | 31,120,000Source | 27,243,000Source | 24,286,000Source | 23,706,000Source |
| Interest and Other IncomeUSD | 7,229,000Source | 10,690,000Source | 6,926,000Source | 4,547,000Source |
| Interest ExpenseUSD | — | — | 47,014,000Source | 31,437,000Source |
| InterestExpenseOperatingUSD | 35,306,000Source | 40,336,000Source | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 117,276,000Source | 90,358,000Source | 89,148,000Source | 99,444,000Source |
| Operating Lease, Lease IncomeUSD | 116,171,000Source | 132,278,000Source | 127,350,000Source | 128,244,000Source |
| Real Estate Tax ExpenseUSD | 10,795,000Source | 12,930,000Source | 13,269,000Source | 15,486,000Source |
| Undistributed Earnings (Loss) Allocated to Participating Securities, BasicUSD | 70,000Source | — | — | 49,000Source |
Filing attachments
tm2622154d2_ex99-1.htm · 8-K · 2026-08-06
EX-99.1 5 tm2622154d2_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 August 2026 Opening Transaction To: LTC Properties, Inc. From: [*] Re: Issuer Share Forward Sale Transactions Date: August 6, 2026 Ladies and Gentlemen: The purpose of this communication (this “Master Confirmation”) is to set forth the terms and conditions of the transactions to be entered into from time to time between [*] (“Dealer”) and LTC Properties, Inc. (“Counterparty”) in accordance with th…
Read attachment ↗ltc-20260805xex99d1.htm · 8-K · 2026-08-05
EX-99.1 2 ltc-20260805xex99d1.htm EX-99.1 Exhibit 99.1 -8655 -8655 FOR IMMEDIATE RELEASE For more information contact: Mandi Hogan (805) 981-8655 LTC REPORTS 2026 SECOND QUARTER RESULTS - Increases Full-Year 2026 Mid-Point Investment Guidance to $900 Million, up 50% from Previous Mid-Point; Expects $700 Million in Year-To-Date SHOP Acquisitions by End of Third Quarter - - SHOP Now Projected to Represent 40% of Proforma Annualized NOI By End of Third Quarter, Ahead of Es…
Read attachment ↗ltc-20260805xex99d2.htm · 8-K · 2026-08-05
EX-99.2 3 ltc-20260805xex99d2.htm EX-99.2 Exhibit 99.2 2Q26 SUPPLEMENTAL 2Q 2026 Supplemental Information ──────────────────────────── 2Q26 SUPPLEMENTAL LEADERSHIP BOARD OF DIRECTORS ANALYSTS TABLE OF CONTENTS 2 LTC PROPERTIES, INC. 3011 Townsgate Road, Suite 220 Westlake Village, CA 91361 805-981-8655 www. LTCreit.com TRANSFER AGENT Broadridge Shareholder Services c/o Broadridge Corporate Issuer Solutions 1155 Long Island Avenue Edgewood, NY 11717-…
Read attachment ↗ltc-20260224xex99d1.htm · 8-K · 2026-02-24
EX-99.1 2 ltc-20260224xex99d1.htm EX-99.1 Exhibit 99.1 -8655 -8655 FOR IMMEDIATE RELEASE For more information contact: Mandi Hogan (805) 981-8655 LTC REPORTS 2025 FOURTH QUARTER RESULTS AND INTRODUCES 2026 GUIDANCE -- SHOP Momentum Powers Portfolio Transformation with 60% revenue and 13% Core FFO growth - WESTLAKE VILLAGE, CALIFORNIA, February 24, 2026 -- LTC Properties, Inc. (NYSE: LTC) (“LTC” or the “Company”), a real estate investment trust that primarily invests in…
Read attachment ↗ltc-20260224xex99d2.htm · 8-K · 2026-02-24
EX-99.2 3 ltc-20260224xex99d2.htm EX-99.2 Exhibit 99.2 RENEWAL AND TRANSITION SUPPLEMENTAL OPERATING AND FINANCIAL DATA FOURTH QUARTER 2025 ─────────────────────── 4Q 2025 SUPPLEMENTAL REPORT INVESTMENTS 3 Seniors Housing Operating Portfolio ("SHOP") Transformation Portfolio Transformation Acquisitions and Mortgage Loans Near-Term Loan Payoffs Expected & Purchase Options to be Exercised PORTFOLIO 7 Portfolio Overview Operator Update and Subsequent Events …
Read attachment ↗ltc-20251104xex99d1.htm · 8-K · 2025-11-04
EX-99.1 2 ltc-20251104xex99d1.htm EX-99.1 Exhibit 99.1 -8655 -8655 FOR IMMEDIATE RELEASE For more information contact: Mandi Hogan (805) 981-8655 LTC REPORTS 2025 THIRD QUARTER RESULTS -- Increases Guidance for Third Time Driven by Acquisitions and SHOP Outperformance - -- Expects to close $70 million of SHOP acquisitions by year-end with SHOP momentum growing into 2026 with $110 million expected to close in January -- WESTLAKE VILLAGE, CALIFORNIA, November 4, 2025 --…
Read attachment ↗