In Q1 FY2026 (ended March 31, 2026), LTC Properties reported revenue of $95.4 million, a 94.6% increase year-over-year. Net income rose 14.1% to $23.6 million, while operating income grew 13.8% to $56.4 million. Diluted EPS was $0.48, up 6.7% from the prior year. The company held $21.7 million in cash, with total equity of $1.11 billion and long-term debt of $867.4 million.
•Revenue surged 94.6% YoY to $95.4 million.
•Net income increased 14.1% to $23.6 million.
•Diluted EPS rose 6.7% to $0.48.
•Long-term debt stood at $867.4 million against equity of $1.11 billion.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
LTC Properties is a real estate investment trust (REIT) focused on seniors housing and health care properties, principally investing through SHOP triple-net leases, and joint ventures. The Company's portfolio includes nearly 190 properties throughout the United States.
Based on gross real estate investments, approximately 64% of the Company's assets are seniors housing communities with the remainder skilled nursing centers. LTC Properties, Inc. was incorporated in 1992 and is based in Westlake Village, United States.
LTC Properties, Inc. is a real estate investment trust (REIT) that focuses on seniors housing and health care properties. The company invests in these properties through various structures, including SHOP (seniors housing operating properties), triple-net leases, and joint ventures. Its portfolio consists of nearly 190 properties across the United States. As of the latest data, approximately 64% of its gross real estate investments are in seniors housing communities, with the remainder in skilled nursing centers. This mix allows LTC to generate income from both operational involvement and long-term leases.
Where is LTC Properties listed and in which currency?
LTC Properties, Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol LTC. The company operates in the United States and its financials are reported in US Dollars (USD). Investors can trade shares of LTC on the NYSE during regular market hours, and the stock is denominated in USD, making it accessible primarily to investors using US currency.
What sector and industry does LTC Properties belong to?
LTC Properties, Inc. operates in the Real Estate sector and is classified under the industry of REIT - Healthcare Facilities. As a real estate investment trust, it is required to distribute most of its taxable income to shareholders as dividends. Within the healthcare facilities niche, LTC specifically focuses on seniors housing and skilled nursing properties, which are essential for providing long-term care and housing for the elderly population in the United States.
Where is LTC Properties headquartered and what markets does it serve?
LTC Properties, Inc. is headquartered in Westlake Village, United States. The company was incorporated in 1992 and has since built a portfolio of nearly 190 properties located throughout the United States. Its investments are concentrated in seniors housing communities and skilled nursing centers, serving the growing demand for elderly care and housing across various regions in the country. The company's focus on the US market allows it to leverage local real estate trends and regulatory environments.
How does LTC Properties generate revenue through its business model?
LTC Properties generates revenue primarily through its investments in seniors housing and health care properties. The company employs multiple investment structures: SHOP (seniors housing operating properties) where it has operational involvement, triple-net leases where tenants pay for taxes, insurance, and maintenance, and joint ventures. Approximately 64% of its gross real estate investments are in seniors housing communities, with the rest in skilled nursing centers. This diversified approach allows LTC to earn income from both property operations and long-term lease agreements, providing stable cash flows.