Sila Realty Trust Inc (NYSE: SILA) is 16.49% higher on its value in year-to-date trading and has touched a low of $20.53 and a high of $27.50 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SILA stock was last observed hovering at around $24.04 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $24.02, the stock is -0.47% and -3.47% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.19 million and changing -0.08% at the moment leaves the stock -4.35% off its SMA200. SILA registered -1.23% loss for a year compared to 6-month gain of -0.17%. The firm has a 50-day simple moving average (SMA 50) of $24.8842 and a 200-day simple moving average (SMA200) of $25.1115.
The stock witnessed a -2.04% loss in the last 1 month and extending the period to 3 months gives it a -11.72%, and is -1.07% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.79% over the week and 2.22% over the month.
Sila Realty Trust Inc (SILA) has around 49 employees, a market worth around $1.32B and $184.47M in sales. Current P/E ratio is 37.80 and Fwd P/E is 24.02. Profit margin for the company is 19.18%. Distance from 52-week low is 17.00% and -12.65% from its 52-week high. The company has generated returns on investments over the last 12 months (1.78%).
with sales reaching $48.77M over the same period.The EPS is expected to grow by 9.33% this year, but quarterly earnings will post 5.89% year-over-year.
350.0 institutions hold shares in Sila Realty Trust Inc (SILA), with institutional investors hold 60.68% of the company’s shares. The shares outstanding are 55.15M, and float is at 54.58M with Short Float at 4.14%. Institutions hold 60.11% of the Float.
The top institutional shareholder in the company is LONG POND CAPITAL, LP with over 2.36 million shares valued at $49.98 million. The investor’s holdings represent 4.1253 of the SILA Shares outstanding. As of 2024-06-30, the second largest holder is PRUDENTIAL FINANCIAL INC with 0.85 million shares valued at $17.9 million to account for 1.4778 of the shares outstanding. The other top investors are MILLENNIUM MANAGEMENT LLC which holds 0.76 million shares representing 1.3214 and valued at over $16.01 million, while ALYESKA INVESTMENT GROUP, L.P. holds 1.3045 of the shares totaling 0.75 million with a market value of $15.8 million.
