Do Investors Have Much Faith In Sila Realty Trust Inc (NYSE: SILA)

Sila Realty Trust Inc (NYSE:SILA) does about 754.58K shares in volume on a normal day but saw 990170 shares change hands in the recent trading day. The company now has a market cap of 915.22M USD. Its current market price is $21.57, marking an increase of 0.79% compared to the previous close of $21.40.

Sila Realty Trust Inc (SILA) has a 20-day trading average at $23.00 and the current price is -17.20% off the 52-week high. The 50-day simple moving average of the closing price is $21.59. If we look at the stock’s price movements over the week, volatility stands at 4.13%, which decreases to 3.34% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 43.44 to suggest the stock is neutral.

The consensus objective for the share price is $28.00, suggesting that the stock has a potential upside of 22.96% over the period.

1 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Strong Buy the stock.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on June 25, 2024 when Exane BNP Paribas initiated the stock to “Outperform” and issued a price target of $30.

Sila Realty Trust Inc (SILA) stock is down -8.99% over the week and -4.35% over the past month. Its price is -1.06% year-to-date.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.

To reach the target analysts have set, the stock logically needs to grow 22.96 percent from here.

The company has a return on investment of 1.20% and return on equity of 1.63%. The price to earnings ratio (P/E ratio) amounts to 48.62. Price to book ratio is 0.84 and price to sales ratio is 4.80.