LTC Properties Q4 revenue beats estimates

LTC Properties

24/02/2026 21:52

Overview

REIT's Q4 revenue rose 60%, beating analyst expectations

Net income for Q4 increased significantly compared to last year

Outlook

LTC expects 2026 full-year diluted EPS between $1.80 and $1.84

Company projects 2026 first-quarter diluted EPS of $0.60 to $0.62

Result Drivers

SHOP STRATEGY - Strategic shift towards SHOP investments drove significant revenue growth and reshaped earnings profile, per Co-CEO Pam Kessler

TRANSACTIONS UPDATE - Acquisitions and conversions within SHOP segment contributed to Q4 momentum

Company press release: ID:nBw6SKHr1a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$84.29 mln
$30.86 mln (5 Analysts)
Q4 EPS
$2.11


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 7 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the specialized reits peer group is "buy."

Wall Street's median 12-month price target for LTC Properties Inc is $38.00, about 3% below its February 23 closing price of $39.19

The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 18 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)