Key Details
Price
$26.44Last Dividend
$0.13TTM Dividend Yield
1.51%PE Ratio
71.46Annual ROE
1.58%Beta
0.01Events Calendar
Next earnings date:
Mar 06, 2025Recent quarterly earnings:
Nov 12, 2024Recent annual earnings:
Mar 06, 2024Next ex-dividend date:
Nov 29, 2024Recent ex-dividend date:
Oct 31, 2024Next split:
N/ARecent split:
May 02, 2024Analyst ratings
Recent major analysts updates
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Sila Realty Trust, Inc. reported Q3 results in line with expectations, with AFFO at $0.57/share, annualizing to $2.30/share. Positive: Sold two Genesis properties for $14.7M, bought a $28.4M rehab facility. Negative: Steward property lease fell through, losing $600k rent/quarter. Valuation remains attractive at 10.5x AFFO and a 9.5% cap rate, with a >7% dividend yield providing a cushion.
Sila Realty Trust, Inc. (NYSE:SILA ) Q3 2024 Earnings Conference Call November 12, 2024 11:00 AM ET Company Participants Miles Callahan - Senior Vice President of Capital Markets and Investor Relations Michael Seton - President and Chief Executive Officer Chris Flouhouse - Executive Vice President and Chief Investment Officer Kay Neely - Executive Vice President and Chief Financial Officer Conference Call Participants Nate Crossett - BNP Robert Stevenson - Janney Michael Lewis - Truist Securities Operator Good morning and welcome to Sila Realty Trust Third Quarter 2024 Earnings Conference Call and Webcast. [Operator Instructions] I will now turn the conference over to your host, Miles Callahan, Senior Vice President of Capital Markets and Investor Relations for Sila.
TAMPA, Fla.--(BUSINESS WIRE)--Sila Realty Trust Announces Third Quarter 2024 Results.
TAMPA, Fla.--(BUSINESS WIRE)--Sila Realty Trust, Inc. Announces Third Quarter 2024 Earnings Release Date and Conference Call.
Shares of Sila Realty Trust Inc SILA gained on Monday following a positive analyst outlook, which highlighted optimism about the stock's potential.
Sila Realty Trust, a newly-listed REIT, shows strong fundamentals and is well-positioned for growth, making it a compelling investment before the market catches on. Their balance sheet puts them in a favorable position compared to peers, with a low net debt to EBITDA of 3.1x and no debt maturing until 2027. Despite a recent 5% share price decline due to tenant issues, particularly GenesisCare & Steward Health, SILA's overall performance in the first half of the year remains solid.
Sila Healthcare reported its first public quarter, addressing concerns post-listing. Impacts from Genesis and Stewart bankruptcies detailed, with plans to sell remaining properties. Management expects growth in net asset value, acquisitions at prevailing market cap rates, and potential index inclusion to drive the stock higher.
TAMPA, Fla.--(BUSINESS WIRE)--Sila Realty Trust Announces Second Quarter 2024 Results.
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