Sila Realty Trust (SILA) to Release Quarterly Earnings on Tuesday

Sila Realty Trust (NYSE:SILA) will likely be announcing its earnings results before the market opens on Tuesday, February 11th. Analysts expect the company to announce earnings of $0.55 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Sila Realty Trust (NYSE:SILA) last announced its quarterly earnings results on Tuesday, November 12th. The company reported $0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.32). The firm had revenue of $46.12 million during the quarter, compared to analysts’ expectations of $46.38 million. Sila Realty Trust had a return on equity of 1.54% and a net margin of 12.11%. On average, analysts expect Sila Realty Trust to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Sila Realty Trust Trading Down 0.7 %

Sila Realty Trust stock opened at $25.24 on Monday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.78 and a current ratio of 0.78. Sila Realty Trust has a fifty-two week low of $7.45 and a fifty-two week high of $26.75. The firm’s fifty day moving average price is $24.52 and its 200-day moving average price is $24.58.

Sila Realty Trust Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were issued a $0.1333 dividend. This represents a $1.60 annualized dividend and a yield of 6.34%. The ex-dividend date was Friday, November 29th.

Analysts Set New Price Targets

Separately, Truist Financial cut their target price on shares of Sila Realty Trust from $29.00 to $28.00 and set a “buy” rating for the company in a research report on Wednesday, December 18th.

About Sila Realty Trust

Sila Realty Trust, Inc, headquartered in Tampa, Florida, is a net lease real estate investment trust with a strategic focus on investing in the large, growing, and resilient healthcare sector. The Company invests in high quality healthcare facilities along the continuum of care, which, we believe, generate predictable, durable, and growing income streams.