LTC Properties Q3 net income swings to $349.32 million; revenues climb 66% to $115.25 million
LTC•LTC Properties reported third-quarter net income available to common stockholders of $346.37 million, compared with a year-earlier loss, while revenue rose 66% to $115.25 million. SHOP investment guidance midpoint increased to $1 billion for 2026.
1. Quarterly results
LTC Properties swung to third-quarter 2026 net income available to common stockholders of $346.37 million from a loss a year earlier. Total revenues rose 66% year over year to $115.25 million, primarily due to SHOP acquisitions and conversions.
2. SHOP investment
SHOP acquisitions reached nearly $950 million through October, and the midpoint of 2026 SHOP investment guidance increased to $1 billion.
