LTC Properties, Inc. — Third Quarter 2026 Earnings Summary

LTC Properties reported strong third-quarter 2026 results with total revenues reaching $115.2 million and diluted earnings per share of $6.39, driven largely by nearly $950 million in SHOP acquisitions that now represent 45% of the company's annualized net operating income. The company increased its full-year 2026 SHOP investment guidance to a midpoint of $1 billion and narrowed its SHOP NOI guidance to a range of $73.5 million to $76.4 million. During the quarter, LTC generated $346.4 million in net income available to common stockholders and reported diluted Core FFO per share of $0.71. The firm maintains a proforma liquidity position of $903 million, supported by a new $500 million equity distribution agreement and available credit lines.