Independence Realty Trust, Inc. (IRT)
| Market Cap | 3.71B -23.3% |
| Revenue (ttm) | 668.76M +4.4% |
| Net Income | 56.56M +43.9% |
| EPS | 0.24 +41.2% |
| Shares Out | 241.21M |
| PE Ratio | 64.17 |
| Forward PE | 88.21 |
| Dividend | $0.68 (4.42%) |
| Ex-Dividend Date | Mar 27, 2026 |
| Volume | 1,154,766 |
| Open | 15.24 |
| Previous Close | 15.25 |
| Day's Range | 15.17 - 15.44 |
| 52-Week Range | 14.60 - 19.94 |
| Beta | 1.01 |
| Analysts | Buy |
| Price Target | 20.55 (+33.44%) |
| Earnings Date | Apr 29, 2026 |
About IRT
Independence Realty Trust, Inc. a Maryland corporation, is a self-administered and self-managed real estate investment trust (REIT) that acquires, owns, operates, improves and manages multifamily apartment communities across non-gateway U.S. markets. As of December 31, 2025, we owned and operated 114 multifamily apartment properties (including one owned through a consolidated joint venture) that contain an aggregate of 33,462 units in the following Southeastern and Midwestern states: Alabama, Colorado, Florida, Georgia, Indiana, Kentucky, North... [Read more]
Financial Performance
In 2025, Independence Realty Trust's revenue was $668.76 million, an increase of 4.43% compared to the previous year's $640.38 million. Earnings were $56.56 million, an increase of 43.95%.
Financial StatementsAnalyst Summary
According to 10 analysts, the average rating for IRT stock is "Buy." The 12-month stock price target is $20.55, which is an increase of 33.44% from the latest price.
News
Independence Realty Trust Declares First Quarter 2026 Dividend
PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (NYSE: IRT) (“IRT”) announces that its Board of Directors approved a quarterly dividend of $0.17 per share of IRT common stock. The first...
Independence Realty Trust Announces Fourth Quarter and Full Year 2025 Financial Results
PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (“IRT”) (NYSE: IRT), a multifamily apartment REIT, announces its fourth quarter and full year 2025 financial results. EPS of $0.24 for Fu...
Independence Realty Trust Announces Tax Treatment of Dividends in 2025
PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (“IRT”) (NYSE: IRT) today announced the tax status of 2025 dividend distributions on its common stock. The final income allocations as th...
IRT Announces Dates for Fourth Quarter and Full Year 2025 Earnings Release and Conference Call
PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (“IRT”) (NYSE: IRT), announces the release date and conference call details in which management will discuss fourth quarter and full year...
Independence Realty Trust Declares Fourth Quarter 2025 Dividend
PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (NYSE: IRT) (“IRT”) announces that its Board of Directors approved a quarterly dividend of $0.17 per share of IRT common stock. The fourt...
Independence Realty Trust Publishes 2024 Sustainability Report
PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (“IRT”) (NYSE: IRT), announces the publication of its 2024 Sustainability Report, which can be accessed by going to visit https://investo...
Independence Realty Trust Announces Third Quarter 2025 Financial Results
PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (“IRT”) (NYSE: IRT), a multifamily apartment REIT, announces its third quarter 2025 financial results. Q3 2025 EPS of $0.03 Q3 CFFO Per S...
IRT Announces Dates for Third Quarter 2025 Earnings Release and Conference Call
PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (“IRT”) (NYSE: IRT), announces the release date and conference call details in which management will discuss third quarter 2025 financial...
Independence Realty Trust Declares Third Quarter 2025 Dividend
PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (NYSE: IRT) (“IRT”) announces that its Board of Directors approved a quarterly dividend of $0.17 per share of IRT common stock. The third...
Independence Realty Trust Announces Second Quarter 2025 Financial Results
PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (“IRT”) (NYSE: IRT), a multifamily apartment REIT, announces its second quarter 2025 financial results. Q2 2025 EPS of $0.03 Q2 CFFO Per ...
IRT Announces Dates for Second Quarter 2025 Earnings Release and Conference Call
PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (“IRT”) (NYSE: IRT), announces the release date and conference call details in which management will discuss second quarter 2025 financia...
Independence Realty Trust Increases Quarterly Dividend by 6%
PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (NYSE: IRT) (“IRT”) announces that its board of directors approved a quarterly dividend of $0.17 per share of IRT common stock, which rep...
Independence Realty Trust Announces First Quarter 2025 Financial Results
PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (“IRT”) (NYSE: IRT), a multifamily apartment REIT, announces its first quarter 2025 financial results. _______________________ Q1 2025 EP...
IRT Announces Dates for First Quarter 2025 Earnings Release and Conference Call
PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (“IRT”) (NYSE: IRT), announces the release date and conference call details in which management will discuss first quarter 2025 financial...
Independence Realty Trust Announces First Quarter 2025 Dividend
PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (NYSE: IRT) (“IRT”) announces that its board of directors declared a quarterly dividend of $0.16 per share of IRT common stock, payable o...
Independence Realty Trust Announces Fourth Quarter and Full Year 2024 Financial Results
PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (“IRT” and the “Company”) (NYSE: IRT), a multifamily apartment REIT, announces its fourth quarter and full year 2024 financial results an...
Independence Realty Trust Announces Tax Treatment of Dividends in 2024
PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (“IRT”) (NYSE: IRT) today announced the tax status of 2024 dividend distributions on its common stock. The final income allocations as th...
Independence Realty Trust Announces Fourth Quarter and Full Year 2024 Earnings Release and Conference Call Dates
PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (NYSE: IRT) (“IRT”) today announced that it expects to release its fourth quarter and full year 2024 financial results after market close...
Independence Realty Trust Announces Expanded Unsecured Credit Facility, Reflecting Increased Financial Flexibility and More Favorable Capital Structure
PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (NYSE: IRT) (“IRT”) announced that on January 8, 2025 its operating partnership, Independence Realty Operating Partnership, LP, entered i...
Independence Realty Trust Announces Fourth Quarter 2024 Dividend
PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (NYSE: IRT) (“IRT”) announced that today IRT's board of directors declared a quarterly dividend of $0.16 per share of IRT common stock, p...
Independence Realty Trust Scheduled to Participate in Nareit's REITworld Annual Conference
PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (NYSE: IRT) (“IRT”) today announced that Scott Schaeffer, Chairman and Chief Executive Officer, Jim Sebra, Chief Financial Officer and Pr...
Independence Realty Trust Announces Third Quarter 2024 Financial Results and ‘BBB' Investment Grade Rating from S&P
PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (“IRT”) (NYSE: IRT), a multifamily apartment REIT, today announced its third quarter 2024 financial results and that it has received a ‘B...
Independence Realty Trust Reports Minimal Impact on Communities from Hurricane Milton
PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (NYSE: IRT) (“IRT”) announced today that its communities in Tampa and Orlando, Florida were minimally impacted by Hurricane Milton. “We e...
Independence Realty Trust Announces Third Quarter 2024 Earnings Release and Conference Call Dates
PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (NYSE: IRT) (“IRT”) today announced that it expects to release its third quarter 2024 financial results after market close on Wednesday, ...
Independence Realty Trust Reports Minimal Damage to Communities from Hurricane Helene
PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (NYSE: IRT) (“IRT”) announced today the Company's apartment communities did not incur any significant damage as a result of Hurricane Hel...