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LTC Properties, Inc. — Third Quarter 2026 Earnings Summary

  • Total revenues surged to $115.2 million and net income swung to a $346.4 million profit in Q3 2026, compared to $69.3 million revenue and a $20.1 million loss in the prior year period.
  • 2026 SHOP investment guidance increased to a $1 billion mid-point from $900 million, while full-year diluted earnings per share, Core FFO, and Core FAD guidance were reaffirmed.
  • The company executed $464 million in asset sales during the quarter, generating $324 million in gains, and completed $950 million in SHOP acquisitions, surpassing the 2026 mid-point target.
  • Strategic momentum continues with SHOP now representing 45% of annualized NOI, supported by a new $500 million equity distribution agreement and total proforma liquidity of $903 million.
Company
LTC PROPERTIES INC
Sector
Real Estate
Industry
REIT - Healthcare Facilities