Impact Healthcare REIT (LON:IHR) Sets New 52-Week High at $92.60

Impact Healthcare REIT (LON:IHR) shares reached a new 52-week high on Friday . The stock traded as high as GBX 92.60 ($1.24) and last traded at GBX 92.60 ($1.24), with a volume of 541018 shares traded. The stock had previously closed at GBX 91.70 ($1.23).

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group reiterated a “buy” rating and set a GBX 114 ($1.53) target price on shares of Impact Healthcare REIT in a research report on Tuesday, July 2nd.

Impact Healthcare REIT Stock Up 1.0 %

The firm has a market capitalization of £383.71 million, a price-to-earnings ratio of 841.82, a P/E/G ratio of 1.95 and a beta of 0.37. The firm has a fifty day moving average price of GBX 88.87 and a 200 day moving average price of GBX 86.58. The company has a current ratio of 1.58, a quick ratio of 2.37 and a debt-to-equity ratio of 37.83.

Impact Healthcare REIT Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, August 16th. Stockholders of record on Thursday, August 1st were issued a dividend of GBX 1.74 ($0.02) per share. This represents a dividend yield of 1.98%. The ex-dividend date of this dividend was Thursday, August 1st. Impact Healthcare REIT’s payout ratio is presently 6,363.64%.

About Impact Healthcare REIT

Impact Healthcare REIT plc is a specialist and responsible owner of care homes and other healthcare properties across the UK. Elderly care is an essential service and demand for it is high and continues to grow as the UK's population gets older. We work with our tenants so we can grow together and help them care for more people, while continuing to improve our homes for their residents.