LTC Properties Inc
LTC Properties Inc (LTC) is listed on NYSE and classified in REIT - Healthcare Facilities, part of the Real Estate sector. It is headquartered in Westlake Village, United States and has 25 employees. The company is worth $2.34B and trades at 15.5x its earnings of the last twelve months; the median for its sector is 22.1x. Revenue was $262.85M in fiscal 2025, up 25.3% from the year before. Net income was $117.97M. The share price is within 3% of its 52-week high. It pays a dividend yielding 5.26%. 4 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Two Sigma (Two Sigma Investments), at $46.15M. In that quarter, 2 of them reduced the position. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +37.5% over 5Y.
today you would have $1,876.95▲ +87.7%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 17 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $34.38 | $34.55 | $32.12 | $35.53 | $34.14 | $38.91 | $44.77 | $41.68 | $43.55 | $46.98 | $43.14 | $43.17 | $35.39 | $35.19 | $30.86 | $28.08 | $26.75 | |
| P/E |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 0.8% a year plus a 5.3% dividend yield. Growth capped at 25%.
Median P/E of 22.1 among peers in the sector.
Median P/E of 21.3 across this company’s own years on record.
Cash flow growing 0.8% a year for 10 years, discounted at 10%, then 2.5% forever.
Sector median of 14.1x operating profit, less net debt. Banks have no EBITDA.
Dividend growing 2.4% a year against a 7.0% required return, from the stock’s beta.
Companies of similar size in Real Estate, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| PEBPebblebrook Hotel Trust | $20.67 | — | 1.0x | 0.19% | -1.63% | $2.33B |
| SHOSunstone Hotel Investors, Inc. | $12.60 | 60.0x | 1.4x | 2.86% | 2.75% | $2.34B |
| IVTInvenTrust Properties Corp. | $30.14 | 158.6x | 1.3x | 3.32% | 0.85% | $2.35B |
| FCPTFour Corners Property Trust, Inc. |
| 21.3x |
| 13.6x |
| 16.9x |
| 14.9x |
| 14.3x |
| 24.2x |
| 16.1x |
| 22.2x |
| 10.7x |
| 19.8x |
| 21.3x |
| 22.2x |
| 21.7x |
| 21.7x |
| 22.4x |
| 22.7x |
| 23.2x |
| 21.1x |
| P/S | 9.8x | 6.3x | 7.5x | 7.0x | 8.4x | 8.7x | 9.6x | 9.6x | 9.8x | 10.3x | 11.5x | 11.9x | 12.9x | 11.7x | 11.6x | 11.2x | 10.0x | 9.0x |
| P/B | 2.0x | 1.6x | 1.6x | 1.6x | 1.8x | 1.8x | 2.0x | 2.3x | 2.0x | 2.3x | 2.5x | 2.5x | 2.3x | 1.9x | 2.3x | 2.0x | 1.6x | 1.4x |
| EPS | $2.52 | $2.04 | $2.16 | $2.48 | $1.41 | $2.42 | $2.02 | $3.89 | $2.20 | $2.21 | $1.94 | $1.99 | $1.63 | $1.57 | $1.36 | $1.21 | $1.27 |
| Dividend yield | 5.47% | 6.63% | 6.60% | 7.10% | 6.42% | 6.68% | 5.86% | 5.09% | 5.47% | 5.24% | 4.66% | 4.80% | 4.73% | 5.38% | 5.09% | 5.44% | 5.63% | 5.83% |
| Payout | 106.70% | 90.48% | 111.76% | 105.56% | 91.94% | 161.70% | 94.21% | 112.87% | 58.61% | 103.64% | 99.10% | 106.70% | 102.51% | 116.87% | 114.01% | 123.53% | 130.58% | 122.83% |
| Profit margin | 55.08% | 44.88% | 43.38% | 45.49% | 57.11% | 35.96% | 59.81% | 43.46% | 91.90% | 51.97% | 52.68% | 53.66% | 61.70% | 55.08% | 55.46% | 58.90% | 61.72% | 64.05% |
| ROE | 10.97% | 10.97% | 9.48% | 10.18% | 12.07% | 7.58% | 12.42% | 10.36% | 18.77% | 11.57% | 11.50% | 11.09% | 11.12% | 9.14% | 11.08% | 10.55% | 10.07% | 9.70% |
Median of the years shown; P/E years above 200x are left out.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
7 methods answered, across 4 families.
Room for errors in the reported numbers.
-5.5% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| $22.05 |
| 20.0x |
| 1.5x |
| 6.89% |
| 7.65% |
| $2.42B |
| DEIDouglas Emmett Inc | $10.09 | — | 0.9x | 7.53% | -1.93% | $2.03B |
| UEUrban Edge Properties | $19.55 | 36.2x | 1.9x | 4.30% | 5.09% | $2.69B |