Impact Healthcare REIT (LON:IHR) Stock Price Down 0.6% – What’s Next?

Shares of Impact Healthcare REIT (LON:IHR) traded down 0.6% during trading on Friday . The stock traded as low as GBX 87.90 ($1.15) and last traded at GBX 88.30 ($1.15). 1,227,837 shares were traded during mid-day trading, an increase of 95% from the average session volume of 630,263 shares. The stock had previously closed at GBX 88.80 ($1.16).

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 114 ($1.49) target price on shares of Impact Healthcare REIT in a report on Tuesday, July 2nd.

Impact Healthcare REIT Stock Performance

The company has a market capitalization of £365.89 million, a price-to-earnings ratio of 802.73, a P/E/G ratio of 1.95 and a beta of 0.37. The company has a debt-to-equity ratio of 37.83, a quick ratio of 2.37 and a current ratio of 1.58. The firm has a 50-day simple moving average of GBX 89.58 and a two-hundred day simple moving average of GBX 87.31.

Impact Healthcare REIT Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, August 16th. Shareholders of record on Thursday, August 1st were issued a dividend of GBX 1.74 ($0.02) per share. The ex-dividend date was Thursday, August 1st. This represents a yield of 1.98%. 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.