LTC Properties, Inc. (LTC) is a publicly traded company in the Real Estate — REIT - Healthcare Facilities industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
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 consists of owned real properties that are leased pursuant to non-cancelable triple-net operating leases.
Is LTC Properties, Inc. stock overvalued or undervalued in 2026?
LTC Properties, Inc. (LTC) trades at 16.0× earnings (P/E). At its 10-year average P/FFO (14.0×) $41 (-8 %).
Kaplio overview: LTC Properties, Inc.
Market cap $2B · 52 weeks $34 – $45 (0 % below the high) · P/E 16.0× · 2027 expected P/E 24.1× · Dividend 5.1 % · 3 years rising · Next earnings November 3, 2026 · expected EPS $0.53 · Closing price, Oct 30 · accounts published Aug 5.
- Valuation: P/FFO 15.2× (fairly priced).
- Business: FFO/dividend 1.3× (solid).
- Balance sheet: Net debt/EBITDA 4.2× (solid).
- Earnings: 3 of 8 (no verdict).
What would it be worth at its usual multiples?
At its 10-year average P/FFO (14.0×) $41 (-8 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in REITs: 3 of 4 pass
- P/FFO 15.2×, borderline.
- Dividend coverage (FFO/div) 1.3×, passes.
- Debt / Assets 41.0 %, passes.
- Net debt / EBITDA 4.2×, passes.
- FFO / Share $2.94, info.
Against its peers (reference peers) — LTC Properties, Inc.: P/B 1.8×; Div. yield 5.1 %; EV/EBITDA 13.9×; $2.4B. Dynex Capital, Inc. (P/B 0.9×; Div. yield 19.2 %; EV/EBITDA 43.9×; $2.8B), DiamondRock Hospitality Company (P/B 2.0×; Div. yield 3.1 %; EV/EBITDA 12.3×; $2.9B), EPR Properties (P/B 1.9×; Div. yield 6.2 %; EV/EBITDA 12.6×; $4.4B).
Expensive or cheap against its last ten fiscal years?
P/FFO at each close: today 15.2× · median 13.8× · minimum 11.7× · maximum 17.1× · cheap below 13.0× · expensive above 15.0×. It has been cheaper than today 80% of the time over its last ten fiscal years.
Dividend
tight · Yield 5.1 % ($2.32 per share in 2025) · Years raising it 3 · 5-year growth +0 % a year · Free cash flow coverage FFO payout 79 % · With $1,000 invested today you'd collect $50.90 a year ($4.24 a month).
Profitability
| Return on Equity | 12.28% |
| Return on Invested Capital | 6.86% |
| Return on Assets | 6.22% |
| Gross Margin | 54.64% |
| Operating Margin | 41.99% |
| Net Margin | 38.92% |
Financial Health
| Debt / Equity | 0.61 |
| Current Ratio | 0.41 |
| Piotroski F-Score | 5 |
| Altman Z-Score | 1.33 |
Price Performance
| 1 month | +4.07% |
| 3 months | +15.01% |
| Year-to-date | +30.16% |
| 1 year | +27.57% |
| 3 years | +38.76% |
| 5 years | +36.31% |
| 10 years | -2.91% |
Dividend History
Paid in the last 12 months: $2.2800 per share in 12 payments.
| Date | Amount |
|---|---|
| 2026-12-23 | $0.1900 |
| 2026-11-20 | $0.1900 |
| 2026-10-22 | $0.1900 |
| 2026-09-22 | $0.1900 |
| 2026-08-21 | $0.1900 |
| 2026-07-23 | $0.1900 |
| 2026-06-22 | $0.1900 |
| 2026-05-21 | $0.1900 |
| 2026-04-22 | $0.1900 |
| 2026-03-23 | $0.1900 |
Amounts adjusted for stock splits.
Related companies: EPR · DRH · DX · WELL · 0LUS.L · VTR · 0LO4.L · OHI
Explore sector: Real Estate · REIT - Healthcare Facilities
More sections of LTC: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
Discover more: Weekly Radar: the S&P 500 through the Buffett and Lynch methods · Companies that pass the Buffett method today · Companies that pass the Lynch method today · Stocks that pass Graham's defensive investor test today · Investment Academy — learn to analyze stocks