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IRT

Independence Realty Trust Inc

Mar 14 • 04:00PM ET

20.98

Dollar change +0.41
Percentage change 1.99	%

Real Estate • REIT - Residential • USA • NYSE

Peers: AVB EQR CPT ESS MAA UDR AIV NXRT MNR RENT

| Held by: VNQ IJH VTI IWM VB VXF VBK IWN MDY SCHH

Scroll to Statements

Index	RUT	P/E	120.44	EPS (ttm)	0.17	Insider Own	0.95%	Shs Outstand	230.84M	Perf Week	-0.10%
Market Cap	4.97B	Forward P/E	64.18	EPS next Y	0.33	Insider Trans	0.00%	Shs Float	228.73M	Perf Month	4.53%
Income	39.30M	PEG	3.78	EPS next Q	0.04	Inst Own	100.97%	Short Float	7.57%	Perf Quarter	-0.00%
Sales	640.03M	P/S	7.76	EPS this Y	55.21%	Inst Trans	3.38%	Short Ratio	9.02	Perf Half Y	4.24%
Book/sh	14.91	P/B	1.41	EPS next Y	23.89%	ROA	0.64%	Short Interest	17.31M	Perf Year	36.56%
Cash/sh	0.18	P/C	114.37	EPS next 5Y	31.89%	ROE	1.14%	52W Range	14.77 - 22.10	Perf YTD	5.75%
Dividend Est.	0.65 (3.11%)	P/FCF	33.00	EPS past 5Y	-19.26%	ROI	0.69%	52W High	-5.08%	Beta	0.98
Dividend TTM	0.64 (3.05%)	Quick Ratio	-	Sales past 5Y	34.86%	Gross Margin	24.01%	52W Low	42.03%	ATR (14)	0.48
Dividend Ex-Date	Mar 28, 2025	Current Ratio	-	EPS Y/Y TTM	328.03%	Oper. Margin	20.22%	RSI (14)	55.32	Volatility	2.43% 2.27%
Employees	917	Debt/Eq	0.66	Sales Y/Y TTM	-3.17%	Profit Margin	6.14%	Recom	1.58	Target Price	21.96
Option/Short	Yes / Yes	LT Debt/Eq	0.65	EPS Q/Q	97.56%	Payout	367.39%	Rel Volume	1.42	Prev Close	20.57
Sales Surprise	-1.63%	EPS Surprise	-100.00%	Sales Q/Q	-3.64%	Earnings	Feb 12 AMC	Avg Volume	1.92M	Price	20.98
SMA20	0.13%	SMA50	5.15%	SMA200	7.20%	Trades		Volume	2,730,088	Change	1.99%

Date	Action	Analyst	Rating Change	Price Target Change
Mar-10-25	Upgrade	Jefferies	Hold → Buy	$20 → $24
Dec-17-24	Initiated	Barclays	Equal Weight	$23
Nov-15-24	Upgrade	BMO Capital Markets	Underperform → Market Perform	$19 → $21
Jan-30-24	Initiated	Deutsche Bank	Buy	$18
Dec-15-23	Downgrade	BMO Capital Markets	Market Perform → Underperform	$14 → $15
Jul-18-23	Downgrade	BMO Capital Markets	Outperform → Market Perform	$19
May-08-23	Upgrade	JMP Securities	Mkt Perform → Mkt Outperform	$20
Jan-30-23	Initiated	JMP Securities	Mkt Perform
Jan-04-23	Downgrade	Deutsche Bank	Buy → Hold	$22 → $19
Jan-03-23	Downgrade	Jefferies	Buy → Hold	$20 → $17
Oct-19-22	Resumed	Jefferies	Buy	$26 → $20
May-09-22	Resumed	BTIG Research	Buy	$27
Apr-22-22	Initiated	Jefferies	Buy	$32
Jan-18-22	Initiated	Barclays	Overweight	$30
Jan-10-22	Upgrade	Compass Point	Neutral → Buy	$27.75
Jan-10-22	Initiated	RBC Capital Mkts	Outperform	$28
Dec-17-21	Resumed	BMO Capital Markets	Outperform	$28
Apr-26-21	Initiated	BMO Capital Markets	Outperform	$20
Apr-21-21	Downgrade	BTIG Research	Buy → Neutral
Jan-11-21	Initiated	BTIG Research	Buy	$15

Show Previous Ratings

Mar-10-25 04:45PM	Independence Realty Trust Announces First Quarter 2025 Dividend (Business Wire)
12:25PM	Jefferies lifts rating on Sunbelt REITs stocks on stronger growth (Investing.com)
Mar-09-25 08:00PM	How Much Would It Take To Earn $100 A Month From Independence Realty Trust Stock (Benzinga)
Feb-14-25 02:56AM	Q4 2024 Independence Realty Trust Inc Earnings Call (Thomson Reuters StreetEvents)
02:15AM	Independence Realty Trust Inc (IRT) Q4 2024 Earnings Call Highlights: Strong Occupancy and ... (GuruFocus.com)
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Feb-12-25 05:20PM	Independence Realty Trust (IRT) Matches Q4 FFO Estimates (Zacks)
04:24PM	Independence Realty Trust: Q4 Earnings Snapshot (Associated Press Finance)
04:05PM	Independence Realty Trust Announces Fourth Quarter and Full Year 2024 Financial Results (Business Wire)
07:27AM	Independence Realty Trust Inc (IRT) Q4 2024 Earnings Report Preview: What to Look For (GuruFocus.com)
Feb-11-25 07:24AM	Independence Realty Trust Inc (IRT) Q4 2024: Everything You Need to Know Ahead of Earnings (GuruFocus.com)
Feb-07-25 06:35AM	Independence Realty Trust, Inc. (IRT) Among the Best Residential Real Estate Stocks to Buy According to Analysts (Insider Monkey)
Jan-24-25 08:05AM	What Makes Independence Realty Trust (IRT) a Lucrative Investment? (Insider Monkey)
08:00AM	Independence Realty Trust Announces Tax Treatment of Dividends in 2024 (Business Wire)
Jan-22-25 04:05PM	Independence Realty Trust Announces Fourth Quarter and Full Year 2024 Earnings Release and Conference Call Dates (Business Wire)
Jan-09-25 08:00AM	Independence Realty Trust Announces Expanded Unsecured Credit Facility, Reflecting Increased Financial Flexibility and More Favorable Capital Structure (Business Wire)
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Jan-03-25 12:41PM	Is Independence Realty Trust, Inc. (NYSE:IRT) the Best Housing Stock to Invest In According to Analysts? (Insider Monkey)
Dec-16-24 04:35PM	Independence Realty Trust Announces Fourth Quarter 2024 Dividend (Business Wire)
Nov-18-24 04:05PM	Independence Realty Trust Scheduled to Participate in Nareit's REITworld Annual Conference (Business Wire)
Nov-01-24 03:10AM	Independence Realty Trust Inc (IRT) Q3 2024 Earnings Call Highlights: Strong Occupancy and ... (GuruFocus.com)
02:19AM	Q3 2024 Independence Realty Trust Inc Earnings Call (Thomson Reuters StreetEvents)
Oct-30-24 06:30PM	Independence Realty Trust (IRT) Matches Q3 FFO Estimates (Zacks)
05:28PM	Independence Realty Trust: Q3 Earnings Snapshot (Associated Press Finance)
04:05PM	Independence Realty Trust Announces Third Quarter 2024 Financial Results and 'BBB' Investment Grade Rating from S&P (Business Wire)
09:07AM	Independence Realty Trust Inc (IRT) Q3 2024 Earnings Report Preview: What To Look For (GuruFocus.com)
Oct-29-24 09:07AM	Independence Realty Trust Inc (IRT) Q3 2024 Earnings Report Preview: What to Expect (GuruFocus.com)
Oct-25-24 08:00AM	Here's How You Can Earn $100 In Passive Income By Investing In Independence Realty Stock (Benzinga)
Oct-14-24 08:00AM	Independence Realty Trust Reports Minimal Impact on Communities from Hurricane Milton (Business Wire)
Oct-09-24 09:35AM	After Plunging -5.47% in 4 Weeks, Here's Why the Trend Might Reverse for Independence Realty Trust (IRT) (Zacks)
Oct-04-24 08:00AM	Independence Realty Trust Announces Third Quarter 2024 Earnings Release and Conference Call Dates (Business Wire)
Sep-30-24 09:03AM	Independence Realty Trust Reports Minimal Damage to Communities from Hurricane Helene (Business Wire)
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Sep-17-24 05:30PM	Independence Realty Trust Announces Third Quarter 2024 Dividend (Business Wire)
Sep-13-24 12:00PM	All You Need to Know About Independence Realty Trust (IRT) Rating Upgrade to Buy (Zacks)
Sep-05-24 04:05PM	Independence Realty Trust Announces Closing of Public Offering of 11,500,000 shares of Common Stock, Including Exercise in Full of Underwriters Option to Purchase Additional Shares (Business Wire)
Sep-03-24 08:50PM	Independence Realty Trust Announces Pricing of Public Offering of 10,000,000 Shares of Common Stock (Business Wire)
04:06PM	Independence Realty Trust Announces Public Offering of 10,000,000 Shares of Common Stock (Business Wire)
04:05PM	Independence Realty Trust Promotes Jim Sebra to President (Business Wire)
Aug-20-24 08:00AM	Independence Realty Trust Announces Private Placement of $150 Million of Unsecured Notes (Business Wire)
Aug-05-24 07:00AM	3 Apartment REITs to Buy for Yield and Dividend Growth in August (Benzinga)
Aug-02-24 03:49AM	Q2 2024 Independence Realty Trust Inc Earnings Call (Thomson Reuters StreetEvents)
Jul-31-24 06:15PM	Independence Realty Trust (IRT) Q2 FFO Meet Estimates (Zacks)
05:18PM	Independence Realty Trust: Q2 Earnings Snapshot (Associated Press Finance)
04:05PM	Independence Realty Trust Announces Second Quarter 2024 Financial Results and Increases Midpoint of Full Year 2024 Same Store NOI, EPS, and Core FFO Guidance Ranges (Business Wire)
Jul-05-24 08:00AM	Independence Realty Trust Announces Second Quarter 2024 Earnings Release and Conference Call Dates (Business Wire)
Jul-03-24 02:13PM	The 5 Best Performing REITs In June (Benzinga)
Jun-10-24 04:40PM	Independence Realty Trust Announces Second Quarter 2024 Dividend (Business Wire)
Jun-05-24 12:26PM	2 Residential REITs With Yields Up To 4.8% To Buy And Hold For The Long Term (Benzinga)
Jun-03-24 08:00AM	Independence Realty Trust to Participate in Nareits REITweek 2024 Investor Conference (Business Wire)
Apr-30-24 12:20PM	Independence Realty Trust, Inc. (NYSE:IRT) Q1 2024 Earnings Call Transcript (Insider Monkey)
Apr-26-24 03:13AM	Independence Realty Trust Inc (IRT) (Q1 2024) Earnings Call Transcript Highlights: Strong ... (GuruFocus.com)
Apr-25-24 11:17PM	Q1 2024 Independence Realty Trust Inc Earnings Call (Thomson Reuters StreetEvents)
05:40AM	Independence Realty Trust Q1 Core FFO Flat, Revenue Down; 2024 Outlook Maintained -- Shares Rise Pre-Bell (MT Newswires)
Apr-24-24 04:48PM	Independence Realty Trust: Q1 Earnings Snapshot (Associated Press Finance)
04:05PM	Independence Realty Trust Announces First Quarter 2024 Financial Results (Business Wire)
Apr-11-24 11:45AM	These REITs Yield 4% or More and Have Been Growing Their Dividends (Benzinga)
Apr-08-24 05:00PM	Independence Realty Trust Announces First Quarter 2024 Earnings Release and Conference Call Dates (Business Wire) +5.99%
Apr-02-24 08:00AM	Independence Realty Trust Completes Sale of Three Additional Properties as Part of Portfolio Optimization and Deleveraging Strategy (Business Wire)
Apr-01-24 04:05PM	Independence Realty Trust Announces 2023 Sustainability Report (Business Wire)
Mar-13-24 12:57PM	Dont Worry Over Apartment REITs. Some Can Still Raise the Rent. (Barrons.com)
Mar-11-24 04:30PM	Independence Realty Trust Announces First Quarter 2024 Dividend (Business Wire)
Mar-04-24 07:30AM	Independence Realty Trust Receives Investment Grade Credit Rating from Fitch (Business Wire)
Mar-01-24 08:00AM	Independence Realty Trust to Present at Citis 2024 Global Property CEO Conference (Business Wire) +5.33%
07:55AM	Independence Realty Trust Appoints Craig Macnab to its Board of Directors (Business Wire)
Feb-16-24 08:43AM	Independence Realty Trust, Inc. (NYSE:IRT) Q4 2023 Earnings Call Transcript (Insider Monkey)
02:34AM	Q4 2023 Independence Realty Trust Inc Earnings Call (Thomson Reuters StreetEvents)
Feb-14-24 05:55PM	Independence Realty Trust (IRT) Q4 FFO Meet Estimates (Zacks) +6.74%
05:02PM	Independence Realty Trust: Q4 Earnings Snapshot (Associated Press Finance)
04:56PM	Independence Realty Trust Inc (IRT) Reports Mixed 2023 Results and Introduces 2024 Guidance (GuruFocus.com)
04:05PM	Independence Realty Trust Announces Fourth Quarter and Full Year 2023 Financial Results (Business Wire)
Jan-31-24 11:38AM	Millennials and REITs: A Smart Investment Move in the Face of Housing Unaffordability (Benzinga)
Jan-25-24 04:30PM	Independence Realty Trust Announces Tax Treatment of Dividends in 2023 (Business Wire)
Jan-18-24 04:05PM	Independence Realty Trust Announces Fourth Quarter and Full Year 2023 Earnings Release and Conference Call Dates (Business Wire) +5.21%
Jan-04-24 07:43AM	Independence Realty (IRT) Advances on Strategy With Asset Sales (Zacks)
Jan-03-24 08:00AM	Independence Realty Trust Completes Sale of Four Properties, Advancing Portfolio Optimization and Deleveraging Strategy (Business Wire)
Dec-11-23 05:15PM	Independence Realty Trust Announces Fourth Quarter 2023 Dividend (Business Wire)
Dec-03-23 01:20PM	Investor Favorites: 7 Dividend Stocks with Strong Buy Ratings (InvestorPlace)
Nov-13-23 09:00AM	Independence Realty Trust Scheduled to Participate in Nareits REITworld Annual Conference (Business Wire)
Nov-01-23 11:27AM	Independence Realty Trust, Inc. (NYSE:IRT) Q3 2023 Earnings Call Transcript (Insider Monkey)
Oct-31-23 11:39PM	Q3 2023 Independence Realty Trust Inc Earnings Call (Thomson Reuters StreetEvents)
Oct-30-23 06:30PM	Independence Realty Trust (IRT) Tops Q3 FFO and Revenue Estimates (Zacks)
05:15PM	Independence Realty Trust: Q3 Earnings Snapshot (Associated Press Finance)
04:05PM	Independence Realty Trust Announces Third Quarter 2023 Financial Results (Business Wire)
Oct-26-23 06:05PM	Essex Property Trust (ESS) Surpasses Q3 FFO Estimates (Zacks)
Oct-25-23 06:30PM	Veris Residential (VRE) Meets Q3 FFO Estimates (Zacks)
Oct-06-23 09:00AM	Independence Realty Trust Announces Third Quarter 2023 Earnings Release and Conference Call Dates (Business Wire)
Sep-29-23 11:40AM	OPI or IRT: Which Is the Better Value Stock Right Now? (Zacks)
Sep-13-23 11:40AM	OPI or IRT: Which Is the Better Value Stock Right Now? (Zacks)
Sep-12-23 04:25PM	Independence Realty Trust Announces Third Quarter 2023 Dividend (Business Wire)
Sep-11-23 04:10PM	Independence Realty Trust Scheduled to Host Investor Meetings at Bank of America Securities 2023 Global Real Estate Conference on September 12 (Business Wire)
Jul-28-23 02:08AM	Q2 2023 Independence Realty Trust Inc Earnings Call (Thomson Reuters StreetEvents)
Jul-26-23 05:25PM	Independence Realty Trust (IRT) Q2 FFO Match Estimates (Zacks)
04:17PM	Independence Realty Trust: Q2 Earnings Snapshot (Associated Press Finance)
04:05PM	Independence Realty Trust Announces Second Quarter 2023 Financial Results (Business Wire)
Jul-07-23 04:15PM	Independence Realty Trust Announces Second Quarter 2023 Earnings Release and Conference Call Dates (Business Wire)
Jun-21-23 08:00PM	IRT: What does Argus have to say about IRT? (Argus Research)
Jun-08-23 09:02AM	Zacks Industry Outlook Highlights Independence Realty Elme Communities and BRT Apartments (Zacks)
Jun-07-23 11:55AM	3 Residential REITs Set to Gain From Upbeat Industry Fundamentals (Zacks)
09:10AM	3 Top Dividend Stocks to Maximize Your Retirement Income (Zacks)
Jun-05-23 11:26AM	AvalonBay (AVB) Sees 6.5% Rental Revenue Growth Through May (Zacks)
09:00AM	Independence Realty Trust to Participate in Nareits REITweek 2023 Investor Conference (Business Wire)
May-31-23 11:30AM	Equity Residential (EQR) Boosts 2023 View on Strong Demand (Zacks)

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. It operates through the Same-Store and Non Same-Store segments. The Same-Store segment includes properties that were owned and not a development property at the beginning of the previous year, and that have not been sold or identified as held for sale. The Non Same-Store segment refers to the properties that did not meet the definition of a same-store property as of the beginning of the previous year. The company was founded on March 26, 2009 and is headquartered in Philadelphia, PA.

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IRT

Independence Realty Trust Inc

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