Overview

• LTC Q3 2025 revenue grows significantly, beating analyst expectations

• Company reports Q3 net loss due to non-cash write-offs and increased expenses

• LTC raises full-year guidance, driven by acquisitions and SHOP outperformance

Outlook

• Company raises full-year 2025 EPS guidance to $2.45-$2.47

• LTC expects Q4 2025 Core FFO per share of $0.67-$0.69

• Company anticipates closing $70 mln in SHOP acquisitions by year-end

Result Drivers

• SHOP EXPANSION - Co attributes revenue growth to conversions of triple-net lease portfolios into SHOP and new SHOP acquisitions

• ASSET SALES - Proceeds from selling older skilled nursing centers redeployed for newer SHOP assets

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 7 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the specialized reits peer group is "buy."

• Wall Street's median 12-month price target for LTC Properties Inc is $37.00, about 4.4% above its November 3 closing price of $35.39

• The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 17 three months ago

Press Release: ID:nBw5h9LFKa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)