---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-056323"
form_type: "8-K"
ticker: "LTC"
cik: "0000887905"
company_name: "LTC PROPERTIES INC"
filed_at: "2026-05-06T23:59:59+00:00"
generated_at: "2026-05-14T23:05:25.827125+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# LTC Q1 revenue $95.4M (+95% YoY); SHOP acquisitions $108M, EPS $0.48 vs $0.45

## Summary
- Total revenues $95.4M, up 95% YoY from $49.0M; diluted EPS $0.48 vs $0.45.
- Nareit FFO per share $0.72 (vs $0.65); Core FFO per share $0.69 (vs $0.65).
- SHOP NOI $12.7M in Q1; completed $108M SHOP acquisitions in Q1, $9M in April, expects $250M more in Q2.
- SHOP as % of gross investments 29%, projected to 45% by year-end; skilled nursing down to 33% from 46% at year-end 2024.
- Reiterated full-year 2026 SHOP guidance; $265M skilled nursing divestitures planned.

## SEC filing metadata
- accession: 0001104659-26-056323
- form_type: 8-K
- ticker: LTC
- cik: 0000887905
- company_name: LTC PROPERTIES INC
- filed_at: 2026-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/887905/000110465926056323/0001104659-26-056323-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/887905/000110465926056323/ltc-20260506x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-056323
- JSON: https://secwatch.observer/filing/0001104659-26-056323.json
- Plain text: https://secwatch.observer/filing/0001104659-26-056323.txt

## Source-grounded claims
- claim_id: 05c275711bbcd954fb4bc8072b50b2ab87f78ec4
  claim: LTC PROPERTIES INC reported the first quarter ended March 31, 2026 results: revenue $95,411, net income $23,437, EPS $0.48.
  evidence_excerpt: ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ March 31, (unaudited, amounts in thousands, except per share data) ​ ​ ​ 2026 ​ 2025 ​ (unaudited) ​ ​ ​ ​ ​ ​ ​ Total revenues ​ $ 95,411 ​ $ 49,031 Net income available to common stockholders ​ $ 23,437 ​ $ 20,517 Diluted earnings per common share ​ $ 0.48 ​ $ 0.45 ​ ​ ​ ​ ​ ​ ​ Nareit funds from operations
  evidence_url: https://www.sec.gov/Archives/edgar/data/887905/000110465926056323/0001104659-26-056323-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.