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

Sila Realty Trust (NYSE:SILA) issued its 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 return on equity of 1.54% and a net margin of 12.11%.

Sila Realty Trust Stock Up 1.4 %

NYSE:SILA traded up $0.33 during trading hours on Tuesday, reaching $24.47. The company’s stock had a trading volume of 361,497 shares, compared to its average volume of 306,374. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.78 and a quick ratio of 0.78. Sila Realty Trust has a 1 year low of $7.45 and a 1 year high of $26.75. The firm has a 50-day simple moving average of $24.41 and a 200-day simple moving average of $24.72.

Analyst Upgrades and Downgrades

Separately, Truist Financial dropped 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.