11:00 AM EDT, 08/14/2026 (MT Newswires) -- LTC Properties ( LTC ) is expected to benefit more directly from Senior Housing Operating Portfolio, or SHOP, tailwinds as it accelerates its investment strategy through capital recycling, RBC Capital Markets said in a Friday note.

RBC expects LTC's SHOP concentration to increase to about 50% by year-end 2026, 60% by year-end 2027 and 70% by year-end 2028.

The company is generally acquiring newer construction, larger communities in primary markets, with properties averaging about nine years old.

LTC expects to complete about $900 million of investments in 2026, while expecting to sell about $730 million of assets in 2026 at a 7.3% yield.

The firm models core earnings growth of 1.2% in 2026, 4.2% in 2027 and 9.2% in 2028.

RBC raised its rating on LTC Properties ( LTC ) to Outperform from Sector Perform and raised its price target to $45 from $41.

Shares of the company were 3.6% higher in Friday trading.

Price: 40.40, Change: +1.43, Percent Change: +3.67