Independence Realty Trust Inc (IRT)

Currency in USD
17.48
-0.20(-1.13%)
Closed·
17.480.00(0.00%)
·
IRT Scorecard
Full Analysis
Has raised its dividend for 3 consecutive years
IRT is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
17.4217.67
52 wk Range
16.5922.26
Key Statistics
Prev. Close
17.48
Open
17.61
Day's Range
17.42-17.67
52 wk Range
16.59-22.26
Volume
1.07M
Average Volume (3m)
2.62M
1-Year Change
-13.08%
Book Value / Share
14.65
Fair Value
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Fair Value Upside
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Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
21.32
Upside
+21.98%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a low P/E ratio relative to near-term earnings growth
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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Neutral
Technical Indicators
Sell
Moving Averages
Buy

Independence Realty Trust Inc Company Profile

Independence Realty Trust, Inc. (NYSE: IRT) is a real estate investment trust that owns and operates multifamily communities, across non-gateway U.S. markets including Atlanta, GA, Dallas, TX, Denver, CO, Columbus, OH, Indianapolis, IN, Raleigh-Durham, NC, Oklahoma City, OK, Nashville, TN, Houston, TX, and Tampa, FL. IRT’s investment strategy is focused on gaining scale near major employment centers within key amenity rich submarkets that offer good school districts and high-quality retail. IRT aims to provide stockholders attractive risk-adjusted returns through diligent portfolio management, strong operational performance, and a consistent return on capital through distributions and capital appreciation.

Independence Realty Trust Inc SWOT Analysis


Sunbelt REIT Surge
Independence Realty Trust's strategic focus on Sunbelt and Midwest markets positions it for growth, with a portfolio concentrated in high-demand regions
Financial Fortitude
Explore IRT's improved capital structure, credit rating upgrade, and consistent dividend payments, showcasing its financial stability and shareholder value
Market Dynamics
Delve into the anticipated supply/demand inflection point in 2025, potentially catalyzing IRT's stock performance and driving stronger rental rate growth
Analyst Outlook
Price targets range from $21 to $25, with an average of $22.67, reflecting varied perspectives on IRT's growth potential and market positioning
Read full SWOT analysis

Independence Realty Trust Inc Earnings Call Summary for Q2/2025

  • IRT missed Q2 2025 forecasts: EPS $0.03 vs $0.04 expected, revenue $161.89M vs $164.68M projected. Stock dropped 4.28% post-announcement.
  • Core FFO per share improved to $0.28. Company maintains full-year guidance of $1.17-$1.18, expects 1.5-1.9% same store revenue growth.
  • Plans to reduce renovations. Facing supply challenges in key markets like Dallas and Tampa. Anticipates 3.4% decline in new lease growth.
  • CEO Scott Schafer optimistic about multifamily sector, predicting muted supply growth and positive new lease growth heading into 2026.
  • Analysts concerned about capital recycling strategy, supply challenges, and impact of single-family rentals on IRT's business model.
Last Updated: 20/08/2025, 18:34
Read Full Transcript

Compare IRT to Peers and Sector

Metrics to compare
IRT
Peers
Sector
Relationship
P/E Ratio
147.0x−19.7x8.9x
PEG Ratio
0.37−0.030.01
Price/Book
1.2x1.1x0.9x
Price / LTM Sales
6.5x4.6x4.0x
Upside (Analyst Target)
17.0%17.1%11.1%
Fair Value Upside
Unlock−1.2%−0.5%Unlock

Analyst Ratings

11 Buy
3 Hold
0 Sell
Ratings:
14 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 21.32
(+21.98% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 0.12%
Dividend Yield
3.89%
Industry Median 4.88%
Annualised payout
0.68
Paid quarterly
5-Years Growth
-0.30%
Growth Streak

Earnings

Latest Release
Jul 30, 2025
EPS / Forecast
0.03 / 0.04
Revenue / Forecast
161.89M / 164.68M
EPS Revisions
Last 90 days

IRT Income Statement

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FAQ

What Stock Exchange Does Independence Realty Trust Inc Trade On?

Independence Realty Trust Inc is listed and trades on the New York Stock Exchange stock exchange.

What Is the Stock Symbol for Independence Realty Trust Inc?

The stock symbol for Independence Realty Trust Inc is "IRT."

What Is the Independence Realty Trust Inc Market Cap?

As of today, Independence Realty Trust Inc market cap is 4.19B.

What Is Independence Realty Trust Inc's Earnings Per Share (TTM)?

The Independence Realty Trust Inc EPS (TTM) is 0.12.

When Is the Next Independence Realty Trust Inc Earnings Date?

Independence Realty Trust Inc will release its next earnings report on 21 Oct 2025.

From a Technical Analysis Perspective, Is IRT a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

How Many Times Has Independence Realty Trust Inc Stock Split?

Independence Realty Trust Inc has split 0 times.

How Many Employees Does Independence Realty Trust Inc Have?

Independence Realty Trust Inc has 917 employees.

What is the current trading status of Independence Realty Trust Inc (IRT)?

As of 26 Aug 2025, Independence Realty Trust Inc (IRT) is trading at a price of 17.48, with a previous close of 17.48. The stock has fluctuated within a day range of 17.42 to 17.67, while its 52-week range spans from 16.59 to 22.26.
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