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

Sila Realty Trust (NYSE:SILA) is projected to announce 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. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Sila Realty Trust (NYSE:SILA) last issued its quarterly earnings data on Tuesday, November 12th. The company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by ($0.32). Sila Realty Trust had a return on equity of 1.54% and a net margin of 12.11%. The firm had revenue of $46.12 million for the quarter, compared to analyst estimates of $46.38 million. 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 Performance

Shares of SILA stock opened at $25.24 on Monday. Sila Realty Trust has a fifty-two week low of $7.45 and a fifty-two week high of $26.75. The business has a fifty day simple moving average of $24.52 and a 200-day simple moving average of $24.58. 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 Dividend Announcement

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

Analyst Upgrades and Downgrades

Separately, Truist Financial reduced their price target on shares of Sila Realty Trust from $29.00 to $28.00 and set a “buy” rating on the stock 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.