secwatch.observer — SEC 8-K summary
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Issuer:     LTC PROPERTIES INC (LTC)
CIK:        0000887905
Form:       8-K
Filed at:   2026-05-06T23:59:59+00:00
Accession:  0001104659-26-056323
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/887905/000110465926056323/0001104659-26-056323-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/887905/000110465926056323/ltc-20260506x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-056323

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer