Sila Realty Trust, Inc. (SILA) To Go Ex-Dividend on March 6th

Sila Realty Trust, Inc. (NYSE:SILA) declared a quarterly dividend on Monday, February 23rd. Investors of record on Friday, March 6th will be given a dividend of 0.40 per share on Wednesday, March 18th. This represents a c) dividend on an annualized basis and a yield of 6.1%. The ex-dividend date is Friday, March 6th.

Sila Realty Trust Stock Performance

Shares of SILA stock traded up $0.66 during trading hours on Wednesday, hitting $26.17. The stock had a trading volume of 156,412 shares, compared to its average volume of 353,332. The stock’s 50 day moving average is $24.18 and its 200 day moving average is $24.19. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.22 and a quick ratio of 1.22. The firm has a market capitalization of $1.44 billion, a PE ratio of 37.78 and a beta of -0.02. Sila Realty Trust has a twelve month low of $21.94 and a twelve month high of $27.50.

Sila Realty Trust (NYSE:SILA) last released its earnings results on Tuesday, February 24th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.46). The company had revenue of $50.70 million during the quarter, compared to analyst estimates of $50.26 million. Sila Realty Trust had a net margin of 19.86% and a return on equity of 2.80%. As a group, research analysts forecast that Sila Realty Trust will post 2.23 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on SILA shares. Wells Fargo & Company cut their price objective on Sila Realty Trust from $27.00 to $25.00 and set an “equal weight” rating on the stock in a report on Tuesday, November 25th. Weiss Ratings restated a “hold (c)” rating on shares of Sila Realty Trust in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Sila Realty Trust presently has a consensus rating of “Hold” and an average price target of $26.67.

Sila Realty Trust Company Profile

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. Our portfolio comprises high quality tenants in geographically diverse facilities, which are positioned to capitalize on the dynamic delivery of healthcare to patients.