Sila Realty Trust (NYSE:SILA) Releases Quarterly Earnings Results, Misses Estimates By $0.01 EPS

Sila Realty Trust (NYSE:SILA) released its quarterly earnings results on Tuesday. The company reported $0.54 earnings per share for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.01), Zacks reports. Sila Realty Trust had a net margin of 12.11% and a return on equity of 1.54%.

Sila Realty Trust Trading Up 1.4 %

SILA stock traded up $0.33 during midday trading on Tuesday, hitting $24.47. 361,497 shares of the company traded hands, compared to its average volume of 306,374. Sila Realty Trust has a twelve month low of $7.45 and a twelve month high of $26.75. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.37. The business has a 50 day simple moving average of $24.41 and a 200-day simple moving average of $24.72.

Analyst Ratings Changes

Separately, Truist Financial lowered their target price 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.