Logo image of IRT

INDEPENDENCE REALTY TRUST IN (IRT) Stock Price, Quote, News and Overview

NYSE:IRT - New York Stock Exchange, Inc. - US45378A1060 - REIT - Currency: USD

20.4  -0.35 (-1.69%)

After market: 20.4 0 (0%)

IRT Quote, Performance and Key Statistics

INDEPENDENCE REALTY TRUST IN

NYSE:IRT (2/21/2025, 8:04:00 PM)

After market: 20.4 0 (0%)

20.4

-0.35 (-1.69%)

Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS SubIndustryMulti-Family Residential REITs
Statistics
52 Week High22.26
52 Week Low14.35
Market Cap4.59B
Shares225.10M
Float229.07M
Yearly Dividend0.6
Dividend Yield3.08%
PE113.33
Fwd PE73.9
Earnings (Next)04-22 2025-04-22/amc
IPO08-13 2013-08-13


IRT short term performance overview.The bars show the price performance of IRT in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 0 5 -5

IRT long term performance overview.The bars show the price performance of IRT in the last 1, 2 and 3 years. 1 year 2 years 3 years 0 10 -10 20 30

The current stock price of IRT is 20.4 USD. In the past month the price increased by 8.68%. In the past year, price increased by 36.55%.

INDEPENDENCE REALTY TRUST IN / IRT Daily stock chart

IRT Competitors/Peers

The largest stocks on the US markets in the "Multi-Family Residential REITs" sub-industry
Full List
Symbol
Name
TA
FA
PE
Market Cap
AVB AVALONBAY COMMUNITIES INC 28.84 31.14B
EQR EQUITY RESIDENTIAL 26.31 27.16B
ESS ESSEX PROPERTY TRUST INC 33.46 18.94B
MAA MID-AMERICA APARTMENT COMM 35.23 18.78B
UDR UDR INC 171.32 14.17B
CPT CAMDEN PROPERTY TRUST 63.77 12.79B
ELME ELME COMMUNITIES 131.38 1.50B
VRE VERIS RESIDENTIAL INC N/A 1.45B
AIV APARTMENT INVT & MGMT CO -A N/A 1.27B
CSR CENTERSPACE 256.4 1.06B
NXRT NEXPOINT RESIDENTIAL 22.41 984.76M
BRT BRT APARTMENTS CORP N/A 329.18M

About IRT

Company Profile

IRT logo image Independence Realty Trust, Inc. is a real estate investment trust, which acquires, owns, operates, improves and manages multifamily apartment communities across non-gateway U.S. markets. The company is headquartered in Philadelphia, Pennsylvania and currently employs 952 full-time employees. The company went IPO on 2013-08-13. The Company’s investment strategy is focused on gaining scale near major employment centers within submarkets that offer good school districts and retail. The firm acquires, owns, operates, improves, and manages multifamily apartment communities across non-gateway United States markets. The firm owns and operates approximately 113 multifamily apartment properties across non-gateway United States markets, including Atlanta, Columbus, Dallas, Denver, Houston, Indianapolis, Nashville, Oklahoma City, Raleigh-Durham, and Tampa, Florida. The Company’s portfolio of properties consists primarily of apartment communities geographically concentrated in the Southeastern and Midwest United States. The firm owns all of its assets and conducts all its operations through Independence Realty Operating Partnership, LP (IROP).

Company Info

INDEPENDENCE REALTY TRUST IN

1835 Market Street, Suite 2601

PHILADELPHIA PENNSYLVANIA 19103 US

CEO: Scott F. Schaeffer

Employees: 952

Company Website: https://www.irtliving.com/

Investor Relations: https://investors.irtliving.com

Phone: 12672704800

INDEPENDENCE REALTY TRUST IN / IRT FAQ

What is the stock price of INDEPENDENCE REALTY TRUST IN today?

The current stock price of IRT is 20.4 USD. The price decreased by -1.69% in the last trading session.


What is the ticker symbol for INDEPENDENCE REALTY TRUST IN stock?

The exchange symbol of INDEPENDENCE REALTY TRUST IN is IRT and it is listed on the New York Stock Exchange, Inc. exchange.


On which exchange is IRT stock listed?

IRT stock is listed on the New York Stock Exchange, Inc. exchange.


What is the price forecast or stock price prediction for INDEPENDENCE REALTY TRUST IN stock?

16 analysts have analysed IRT and the average price target is 22.14 USD. This implies a price increase of 8.54% is expected in the next year compared to the current price of 20.4. Check the INDEPENDENCE REALTY TRUST IN stock analysts ratings, price target forecast and up-and down grades for more detailed information.


What is INDEPENDENCE REALTY TRUST IN worth?

INDEPENDENCE REALTY TRUST IN (IRT) has a market capitalization of 4.59B USD. This makes IRT a Mid Cap stock.


How many employees does INDEPENDENCE REALTY TRUST IN have?

INDEPENDENCE REALTY TRUST IN (IRT) currently has 952 employees.


What are the support and resistance levels for INDEPENDENCE REALTY TRUST IN (IRT) stock?

INDEPENDENCE REALTY TRUST IN (IRT) has a support level at 19.92 and a resistance level at 20.73. Check the full technical report for a detailed analysis of IRT support and resistance levels.


Is INDEPENDENCE REALTY TRUST IN (IRT) expected to grow?

The Revenue of INDEPENDENCE REALTY TRUST IN (IRT) is expected to grow by 4.73% in the next year. Check the estimates tab for more information on the IRT EPS, Sales, EBIT and EBITDA future analyst estimates.


Should I buy INDEPENDENCE REALTY TRUST IN (IRT) stock?

There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:


Does INDEPENDENCE REALTY TRUST IN (IRT) stock pay dividends?

INDEPENDENCE REALTY TRUST IN (IRT) has a dividend yield of 3.08%. The yearly dividend amount is currently 0.6. Check the full fundamental report for a detailed analysis of IRT dividend history, reliability and sustainability.


When does INDEPENDENCE REALTY TRUST IN (IRT) report earnings?

INDEPENDENCE REALTY TRUST IN (IRT) will report earnings on 2025-04-22, after the market close.


What is the Price/Earnings (PE) ratio of INDEPENDENCE REALTY TRUST IN (IRT)?

The PE ratio for INDEPENDENCE REALTY TRUST IN (IRT) is 113.33. This is based on the reported non-GAAP earnings per share of 0.18 and the current share price of 20.4 USD. Check the full fundamental report for a full analysis of the valuation metrics for IRT.


What is the Short Interest ratio of INDEPENDENCE REALTY TRUST IN (IRT) stock?

The outstanding short interest for INDEPENDENCE REALTY TRUST IN (IRT) is 9.78% of its float. Check the ownership tab for more information on the IRT short interest.


IRT Technical Analysis

ChartMill assigns a technical rating of 8 / 10 to IRT. When comparing the yearly performance of all stocks, IRT is one of the better performing stocks in the market, outperforming 82.75% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating

IRT Fundamental Analysis

ChartMill assigns a fundamental rating of 3 / 10 to IRT. Both the profitability and financial health of IRT have multiple concerns.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

IRT Financial Highlights

Over the last trailing twelve months IRT reported a non-GAAP Earnings per Share(EPS) of 0.18. The EPS increased by 351.43% compared to the year before.


Industry RankSector Rank
PM (TTM) N/A
ROA 0%
ROE -0.01%
Debt/Equity 0.68
Chartmill High Growth Momentum
EPS Q2Q%97.78%
Sales Q2Q%-3.64%
EPS 1Y (TTM)351.43%
Revenue 1Y (TTM)N/A

IRT Ownership and Analysts

ChartMill assigns a Buy % Consensus number of 80% to IRT. The Buy consensus is the average rating of analysts ratings from 16 analysts.

For the next year, analysts expect an EPS growth of 56.85% and a revenue growth 4.73% for IRT


Ownership
Inst Owners102.04%
Ins Owners0.48%
Short Float %9.78%
Short Ratio13.92
Analysts
Analysts80
Price Target22.14 (8.53%)
EPS Next Y56.85%
Revenue Next Year4.73%