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

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

Sila Realty Trust Trading Up 1.4 %

Shares of SILA stock traded up $0.33 during mid-day trading on Tuesday, reaching $24.47. The stock had a trading volume of 361,497 shares, compared to its average volume of 306,374. Sila Realty Trust has a one year low of $7.45 and a one year high of $26.75. The firm’s 50 day simple moving average is $24.41 and its 200 day simple moving average is $24.72. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.78 and a quick ratio of 0.78.

Wall Street Analyst Weigh In

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