Independence Realty Trust, Inc. (IRT)
| Market Cap | 4.03B |
| Revenue (ttm) | 662.92M |
| Net Income (ttm) | 22.29M |
| Shares Out | 244.67M |
| EPS (ttm) | 0.09 |
| PE Ratio | 180.74 |
| Forward PE | 63.42 |
| Dividend | $0.68 (4.13%) |
| Ex-Dividend Date | Sep 30, 2025 |
| Volume | 2,950,140 |
| Open | 16.02 |
| Previous Close | 15.97 |
| Day's Range | 16.02 - 16.47 |
| 52-Week Range | 15.07 - 22.26 |
| Beta | 1.02 |
| Analysts | Buy |
| Price Target | 22.14 (+34.43%) |
| Earnings Date | Oct 29, 2025 |
About IRT
Independence Realty Trust, Inc. (NYSE: IRT), an S&P 400 MidCap Company, is a real estate investment trust (“REIT”) that owns and operates multifamily communities, across non-gateway U.S. markets. IRT’s investment strategy is focused on gaining scale near major employment centers within key amenity rich submarkets that offer good school districts and high-quality retail. IRT’s main objective is to provide attractive risk-adjusted returns to shareholders through diligent portfolio management, strong operational performance, and a consistent retur... [Read more]
Financial Performance
Financial StatementsAnalyst Summary
According to 7 analysts, the average rating for IRT stock is "Buy." The 12-month stock price target is $22.14, which is an increase of 34.43% from the latest price.
News
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, Inc. (IRT) Q3 2025 Earnings Call Transcript
Independence Realty Trust, Inc. ( IRT) Q3 2025 Earnings Call October 30, 2025 9:00 AM EDT Company Participants Stephanie Krewson-Kelly Scott Schaeffer - CEO & Chairman James Sebra - President, CFO, T...
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...
The High-Stakes Bet On Sunbelt Apartments - A Deep Dive Into Independence Realty
Independence Realty Trust offers leveraged exposure to Sunbelt apartment markets, focusing on class-B properties with a higher risk/reward profile. IRT trades at a discount on FFO multiple versus peer...
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: Data-Driven Approach To Real Estate
Independence Realty Trust offers investors diversified exposure to multifamily real estate with a strong, data-driven management approach focused on Sunbelt markets and value-add renovations. Despite ...
Baron Discovery Fund Q2 2025: Winners And Setbacks Shaping The Portfolio
Kratos Defense, Montrose Environmental, and Karman Holdings drove strong quarterly performance, benefiting from secular tailwinds and robust demand in defense and environmental sectors. We see Kratos ...
Independence Realty Trust, Inc. (IRT) Q2 2025 Earnings Call Transcript
Independence Realty Trust, Inc. (NYSE:IRT) Q2 2025 Earnings Conference Call July 31, 2025 9:00 AM ET Company Participants R - Corporate Participant h - Corporate Participant e - Corporate Participant...
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...
The State Of REITs: June 2025 Edition
REITs saw a month of recovery in May (+2.08%), but still have a long way to go to get back into the black in 2025 with an average -7.33% return. Micro cap REITs (-0.73%) continued to struggle, while s...
4 U.S., Canadian REITs Hike Dividend Payments In May
Two publicly listed real estate investment trusts in the US declared increases to their regular dividends in May, according to S&P Global Market Intelligence data. Two Canadian REITs declared dividend...
Independence Realty Trust: Recent Underperformance Presents A Buying Opportunity (Rating Upgrade)
Independence Realty Trust is a residential REIT focused on the Sunbelt region, with Atlanta and Dallas the largest markets for the company. Q1 2025 results show strong underlying NOI momentum but also...
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, Inc. (IRT) Q1 2025 Earnings Call Transcript
Independence Realty Trust, Inc. (IRT) Q1 2025 Earnings Call Transcript
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: Aligned To Benefit From Population Migration
Independence Realty Trust, Inc. has outperformed the S&P 500 due to its strong portfolio of multifamily properties and strategic focus on the sunbelt region. IRT's Q4 earnings showed mixed results, bu...
The State Of REITs: February 2025 Edition
After a brutal December (-6.85%), the REIT sector averaged negative total returns again in January (-1.29%). Large cap (+0.30%) and mid cap REITs (+0.09%) averaged small gains in January, whereas smal...
Independence Realty Trust, Inc. (IRT) Q4 2024 Earnings Call Transcript
Independence Realty Trust, Inc. (NYSE:IRT) Q4 2024 Earnings Conference Call February 13, 2025 9:00 AM ET Company Participants Maddy Zimba - Investor Relations Scott Schaeffer - Chief Executive Office...
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...