Independence Realty Trust, Inc. (IRT)

NYSE: IRT · Real-Time Price · USD
15.40
+0.15 (0.98%)
Apr 10, 2026, 4:00 PM EDT - Market closed
Market Cap3.71B -23.3%
Revenue (ttm)668.76M +4.4%
Net Income56.56M +43.9%
EPS0.24 +41.2%
Shares Out 241.21M
PE Ratio64.17
Forward PE88.21
Dividend$0.68 (4.42%)
Ex-Dividend DateMar 27, 2026
Volume1,154,766
Open15.24
Previous Close15.25
Day's Range15.17 - 15.44
52-Week Range14.60 - 19.94
Beta1.01
AnalystsBuy
Price Target20.55 (+33.44%)
Earnings DateApr 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]

IPO Date Aug 13, 2013
Employees 904
Stock Exchange NYSE
Ticker Symbol IRT
Full Company Profile

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 Statements

Analyst 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.

Price Target
$20.55
(33.44% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

4 weeks ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

4 months ago - Business Wire

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...

5 months ago - Business Wire

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...

5 months ago - Business Wire

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...

6 months ago - Business Wire

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...

7 months ago - Business Wire

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 ...

9 months ago - Business Wire

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...

9 months ago - Business Wire

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...

11 months ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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, ...

1 year ago - Business Wire

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...

1 year ago - Business Wire