Sila Realty Trust (SILA) Set to Announce Earnings on Tuesday

Sila Realty Trust (NYSE:SILA - Get Free Report) is set to announce its earnings results before the market opens on Tuesday, November 12th. Analysts expect the company to announce earnings of $0.53 per share for the quarter. Investors interested in listening to the company's conference call can do so using this link.

Sila Realty Trust Stock Up 0.6 %

NYSE:SILA traded up $0.15 on Tuesday, hitting $25.39. The stock had a trading volume of 311,313 shares, compared to its average volume of 577,953. The company's fifty day moving average price is $25.21. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.24 and a current ratio of 2.24. Sila Realty Trust has a 52 week low of $7.45 and a 52 week high of $26.50.

Sila Realty Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 31st will be issued a $0.1333 dividend. The ex-dividend date is Thursday, October 31st. This represents a $1.60 annualized dividend and a yield of 6.30%.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on SILA shares. Truist Financial started coverage on Sila Realty Trust in a report on Monday, October 7th. They issued a "buy" rating and a $29.00 target price on the stock. Janney Montgomery Scott started coverage on Sila Realty Trust in a report on Thursday, October 3rd. They issued a "buy" rating and a $28.00 target price on the stock.

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.