Skip to content
Screener

LTC Properties LTC Q2 2026 earnings

Reported August 5, 2026 · After market close

Revenue$26.0MMiss by $53.0M
EPS$0.56Beat by $0.08
Revenue estimate$79.0M
EPS estimate$0.48
The excitement and momentum of our SHOP strategy continues, and our transformation is well ahead of previous projections. We increased the mid-point of our 2026 SHOP investment guidance to $900 million, and with an expansion of our credit facility to $1 billion, and an increase in anticipated proceeds from asset sales and the Prestige loan payoff to $730 million, we have enhanced LTC's long-term ability to organically grow core FFO and FAD per share above historical rates. By the end of September, we are projecting that SHOP will represent 40% of LTC's proforma annualized NOI, ahead of estimates, and account for nearly 50% by year-end. At our current pace, we see a pathway to generating 75% of our annualized NOI from SHOP by the end of 2028.
Pam Kessler

Next report

Nov 3, 2026 (in 2 months)
Revenue estimate$85.7M
EPS estimate$0.51

Financials

Q2 2026

Income statement

See full
Revenue$98.9M+64.1%
Net income$29.6M+96.4%
EPS (diluted)$0.56+75.0%

Balance sheet

See full
Cash & equivalents$40.4M+431%
Total debt$2.4M-10.7%
Total equity$1.3B+32.5%
Total assets$2.2B+21.2%

Cash flow

See full
Operating cash flow$34.4M+14.5%
CapEx$3.8M+224%
Free cash flow$30.6M+6.0%

Valuation & ratios

Valuation

as of 09/16/26
See full
Market cap$2.34B+43.0%
Enterprise value$2.3B+41.1%
P/E17.3×-2.4×
P/S6.7×-0.8×

Profitability

See full
Net margin38.9%+0.7pp
FCF margin37.5%-15.3pp

Returns & leverage

See full
Return on equity12.2%+3.2pp
Debt / equity0.0×

Segments

By segment

See full
Seniors Housing Operating Portfolio$56.1M+370%
Real Estate Investments Portfolio$42.6M-11.6%

FAQ

When did LTC Properties report Q2 2026 earnings?
LTC Properties (LTC) reported Q2 2026 earnings on August 5, 2026 after market close.
What were LTC Properties's Q2 2026 revenue and EPS?
LTC Properties reported revenue of $26.0M and eps of $0.56 for Q2 2026.
Did LTC Properties beat estimates in Q2 2026?
Revenue missed the consensus estimate of $79.0M by $53.0M. EPS beat the consensus estimate of $0.48 by $0.08.
How did LTC Properties's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 56.2% from $59.3M a year earlier and eps declined 17.6% from $0.68.
Where can I find LTC Properties's Q2 2026 SEC filings?
You can read the 8-K earnings release (0001104659-26-091138) and the 10-Q periodic report (0001104659-26-091183) directly on SEC EDGAR. The filing index links above go to sec.gov.