Impact Healthcare REIT (LON:IHR) Sets New 12-Month High at $92.00

Impact Healthcare REIT (LON:IHR - Get Free Report) shares hit a new 52-week high on Monday . The stock traded as high as GBX 92 ($1.22) and last traded at GBX 90.80 ($1.20), with a volume of 1494235 shares. The stock had previously closed at GBX 90.31 ($1.19).

Analysts Set New Price Targets

Separately, Jefferies Financial Group restated a "buy" rating and issued a GBX 114 ($1.51) price target on shares of Impact Healthcare REIT in a research report on Tuesday, July 2nd.

Impact Healthcare REIT Price Performance

The company has a debt-to-equity ratio of 37.83, a current ratio of 1.58 and a quick ratio of 2.37. The company has a 50 day moving average price of GBX 88.12 and a 200 day moving average price of GBX 86. The firm has a market cap of £376.25 million, a PE ratio of 825.45, a PEG ratio of 1.95 and a beta of 0.37.

Impact Healthcare REIT Announces Dividend

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

Impact Healthcare REIT Company Profile

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.