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Independence Realty Trust, Inc. Stock AnalysisComprehensive stock analysis for Independence Realty Trust, Inc. (IRT) including live price, Snowflake performance metrics, financial statements, and investment research.Stock AnalysisIRT
IRT
Independence Realty Trust, Inc.
  • Company Overview
  • FRC Research
  • Financial Data
  • Peer Comparison
  • Ownership & News
IRT
Home🔹Stocks🔹Independence Realty Trust, Inc.

Independence Realty Trust, Inc.

🇺🇸IRT•NYSE

Independence Realty Trust, Inc.

🇺🇸IRT•NYSE
Market cap
$3.58B
Sentiment

Your view on IRT

Mkt Cap
$3.58B
Sentiment
Your view
IRT
Independence Realty Trust, Inc.
  • Company Overview
  • FRC Research
  • Financial Data
  • Peer Comparison
  • Ownership & News
IRT
Company Overview

Overview

What the company does, where it operates, and who runs it.

About Independence Realty Trust, Inc.

Industry
REIT - Residential
Sector
Real Estate
CEO
Scott F. Schaeffer
Headquarters
1835 Market Street, Philadelphia, PA, US
Industry
REIT - Residential
Sector
Real Estate
CEO
Scott F. Schaeffer
Headquarters
1835 Market Street, Philadelphia, PA, US
Description

Independence Realty Trust, Inc. (NYSE: IRT) is a real estate investment trust that owns and operates multifamily apartment properties across non-gateway U.S. markets, including Atlanta, Louisville, Memphis, and Raleigh.

IRT's investment strategy is focused on gaining scale within key amenity rich submarkets that offer good school districts, high-quality retail and major employment centers.

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.

FRC Research

Media

Infographics, videos, and posts covering the company.

Financial Data

Stock Data

Price chart, volume, and trading data.

Fair Value

What FRC thinks it is worth vs. the current price.

FRC's fair value estimate for Independence Realty Trust, Inc., and the rating behind it. IRT last traded at $15.19, 83.2× trailing earnings — the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.

Financial Ratios

Profitability, returns, valuation, and leverage ratios.

Valuation, profitability, liquidity and leverage ratios for Independence Realty Trust, Inc.. Starting points for Independence Realty Trust, Inc.: P/E 83.2, EPS $0.18, beta 0.94 — an REIT - Residential name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.

Dividend Analysis

Yield, payout ratio, and dividend coverage metrics.

Dividend history, yield and payout sustainability for Independence Realty Trust, Inc.. Independence Realty Trust, Inc. paid $0.69 per share over the last year — a 4.5% yield at the current $15.19 price. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.

Earnings Analysis

EPS history, beat rate, and upcoming earnings reports.

Reported vs. expected earnings history for Independence Realty Trust, Inc.. Trailing twelve-month EPS for Independence Realty Trust, Inc. stands at $0.18. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.

Financial Statements

Income statement, balance sheet, and cash flow statements.

Income statement, balance sheet and cash flow history for Independence Realty Trust, Inc.. Independence Realty Trust, Inc. has reported as a listed company since 2013. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.

Peer Comparison

Comparables

List of peer companies in the same industry.

Independence Realty Trust, Inc. valued side by side against its closest peers. Independence Realty Trust, Inc. is measured against REIT - Residential peers within the Real Estate sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.

Ownership & News

Institutional Ownership

Premium

Which funds and firms own the stock.

Which institutions hold Independence Realty Trust, Inc., and how their positions are changing. At a $3.58B market value, institutional positions materially move Independence Realty Trust, Inc.'s register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.

Insider Trading

Premium

Recent buying and selling by company executives.

Buying and selling by Independence Realty Trust, Inc. executives and directors. Shares of Independence Realty Trust, Inc. have traded between $15.07 and $22.26 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.

Senate Trading

Premium

U.S. Senator disclosures filed under the STOCK Act.

U.S. Senate disclosures naming Independence Realty Trust, Inc.. Independence Realty Trust, Inc. is a $3.58B Real Estate company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.

House Trading

Premium

U.S. Representative disclosures filed under the STOCK Act.

U.S. House of Representatives disclosures naming Independence Realty Trust, Inc.. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.

News

Latest headlines and market coverage.

Latest headlines and company announcements for Independence Realty Trust, Inc.. Coverage tracks Independence Realty Trust, Inc. within REIT - Residential (Real Estate). Press releases and market coverage, newest first.

Peer companies

  • BNL — Broadstone Net Lease, Inc.
  • COLD — Americold Realty Trust, Inc.
  • DBRG — DigitalBridge Group, Inc.
  • EPR — EPR Properties
  • NHI — National Health Investors, Inc.
  • PSA — Public Storage
  • SHO — Sunstone Hotel Investors, Inc.
  • SKT — Tanger Inc.

More REIT - Residential companies

  • XIORF — Xior Student Housing N.V.
  • ADZZF — Advance Residence Investment Corporation
  • AIV — Apartment Investment and Management Company
  • AMH — American Homes 4 Rent
  • BEI-UN.TO — Boardwalk Real Estate Investment Trust
  • BHM — Bluerock Homes Trust, Inc.
  • BOWFF — Boardwalk Real Estate Investment Trust
  • BRT — BRT Apartments Corp.
  • BSRTF — BSR Real Estate Investment Trust
  • CAR-UN.TO — Canadian Apartment Properties Real Estate Investment Trust
  • CDPYF — Canadian Apartment Properties Real Estate Investment Trust
  • CLPR — Clipper Realty Inc.

ETFs holding Independence Realty Trust, Inc.

  • LPRE — Long Pond Real Estate Select ETF (4.32%)
  • HAUS — Residential REIT ETF (3.85%)
  • NURE — Nuveen Short-Term REIT (3.24%)
  • TSRS — Truth Social Funds - Truth Social American Red State Reits Etf (3.20%)
  • RNTY — YieldMax Target 12 Real Estate Option Income ETF (2.31%)
  • SMCO — Hilton Small-MidCap Opportunity ETF (1.57%)
  • HOMZ — Hoya Capital Housing ETF (1.40%)
  • PPTY — US Diversified Real Estate ETF (1.21%)

News

Latest Market News