Sila Realty Trust (SILA) Projected to Post Earnings on Tuesday

Sila Realty Trust (NYSE:SILAGet Free Report) will likely be releasing its earnings data before the market opens on Tuesday, February 11th. Analysts expect Sila Realty Trust to post earnings of $0.55 per share for the quarter.

Sila Realty Trust (NYSE:SILAGet Free Report) last posted its quarterly earnings results on Tuesday, November 12th. The company reported $0.21 EPS for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.32). The company had revenue of $46.12 million during the quarter, compared to analyst estimates of $46.38 million. Sila Realty Trust had a net margin of 12.11% and a return on equity of 1.54%. 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 Stock Up 0.1 %

Shares of Sila Realty Trust stock opened at $24.89 on Tuesday. The firm’s 50-day moving average price is $24.62 and its two-hundred day moving average price is $24.52. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.37. Sila Realty Trust has a 12-month low of $7.45 and a 12-month high of $26.75.

Sila Realty Trust Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were given a dividend of $0.1333 per share. The ex-dividend date of this dividend was Friday, November 29th. This represents a $1.60 annualized dividend and a dividend yield of 6.43%.

Analyst Ratings Changes

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

Read Our Latest Research Report on SILA

About Sila Realty Trust

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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.

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