Independence Realty Trust, Inc. (IRT)
| Market Cap | 4.03B -11.1% |
| Revenue (ttm) | 672.38M +4.8% |
| Net Income | 48.14M +60.1% |
| EPS | 0.20 +52.9% |
| Shares Out | 241.22M |
| PE Ratio | 83.82 |
| Forward PE | 108.02 |
| Dividend | $0.68 (4.07%) |
| Ex-Dividend Date | Jun 26, 2026 |
| Volume | 3,488,927 |
| Open | 16.50 |
| Previous Close | 16.50 |
| Day's Range | 16.41 - 16.75 |
| 52-Week Range | 14.60 - 19.48 |
| Beta | 0.99 |
| Analysts | Buy |
| Price Target | 19.07 (+14.19%) |
| 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 14 analysts, the average rating for IRT stock is "Buy." The 12-month stock price target is $19.07, which is an increase of 14.19% from the latest price.
News
Independence Realty Trust price target lowered to $19 from $20 at UBS
UBS lowered the firm’s price target on Independence Realty Trust (IRT) to $19 from $20 and keeps a Buy rating on the shares.
Independence Realty Trust raises quarterly dividend 6% to 18c per share
The second quarter 2026 dividend is payable on July 17, 2026, to shareholders of record at the close of business on June 26, 2026.
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 $0.18 per share of IRT common stock, which rep...
Independence Realty Trust price target raised to $19 from $18 at Barclays
Barclays analyst Richard Hightower raised the firm’s price target on Independence Realty Trust (IRT) to $19 from $18 and keeps an Equal Weight rating on the shares. The firm adjusted…
Independence Realty Trust Slides: Investor presentation
Independence Realty Trust has posted slides in relation to its latest quarterly earnings report, which was published on May 4, 2026.
Independence Realty Trust Earnings Call Transcript: Q1 2026
First quarter 2026 results were in line with expectations, with stable occupancy, rising rents, and affirmed full-year guidance. Value-add initiatives and capital recycling are progressing, while supply pressures are easing in most markets.
Independence Realty Trust Earnings release: Q1 2026
Independence Realty Trust released its Q1 2026 earnings on April 30, 2026, summarizing the period's financial results.
Independence Realty Trust Quarterly report: Q1 2026
Independence Realty Trust has published its Q1 2026 quarterly earnings report on April 30, 2026.
Independence Realty Trust reports Q1 FFO 26c, consensus 27c
Reports Q1 revenue $165.21M, consensus $165.05M.
Independence Realty Trust affirms FY26 FFO view $1.12-$1.16, consensus $1.15
16:13 EDT Independence Realty Trust (IRT) affirms FY26 FFO view $1.12-$1.16, consensus $1.15
Independence Realty Trust Announces First Quarter 2026 Financial Results
PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (“IRT”) (NYSE: IRT), a multifamily apartment REIT, announces its first quarter 2026 financial results. First Quarter 2026 EPS of $0.00 Fi...
IRT Announces Dates for First Quarter 2026 Earnings Release and Conference Call
PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (“IRT”) (NYSE: IRT), announces the release date and conference call details related to its first quarter 2026 financial results. Details:...
Independence Realty Trust price target lowered to $19 from $21 at KeyBanc
KeyBanc lowered the firm’s price target on Independence Realty Trust (IRT) to $19 from $21 and keeps an Overweight rating on the shares. The firm is decreasing its 2026 FFO/share…
Independence Realty Trust Proxy statement: Proxy filing
Independence Realty Trust filed a proxy statement on March 19, 2026, providing details for shareholder voting and corporate governance matters.
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 price target lowered to $18 from $21 at Barclays
Barclays lowered the firm’s price target on Independence Realty Trust (IRT) to $18 from $21 and keeps an Equal Weight rating on the shares. The firm reduced estimates in the…
Independence Realty Trust Slides: Investor presentation
Independence Realty Trust has posted slides in relation to its latest quarterly earnings report, which was published on March 2, 2026.
Independence Realty Trust price target lowered to $18 from $19.50 at Citi
Citi lowered the firm’s price target on Independence Realty Trust (IRT) to $18 from $19.50 and keeps a Neutral rating on the shares.
Independence Realty Trust Earnings Call Transcript: Q4 2025
Same-store NOI and core FFO met guidance in 2025, with strong value-add returns and stable occupancy. 2026 guidance anticipates modest NOI and rent growth, improved market fundamentals, and continued capital allocation to renovations and share buybacks.
Independence Realty Trust Annual report: Q4 2025
Independence Realty Trust has published its Q4 2025 annual report on February 12, 2026.
Independence Realty Trust Earnings release: Q4 2025
Independence Realty Trust released its Q4 2025 earnings on February 12, 2026, summarizing the period's financial results.
Independence Realty Trust reports Q4 core FFO 32c, consensus 32c
The company said, “Our solid full year 2025 results were in line with expectations. With supply pressure receding, we expect stable occupancy and stronger leasing rates. That combined with our…
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...