Independence Realty Trust, Inc. (IRT)

Market Cap	3.50B
Revenue (ttm)	660.98M
Net Income (ttm)	-17.23M
Shares Out	225.08M
EPS (ttm)	-0.08
PE Ratio	n/a
Forward PE	43.22
Dividend	$0.64 (4.12%)
Ex-Dividend Date	Mar 27, 2024

Volume	2,437,173
Open	15.60
Previous Close	15.56
Day's Range	15.45 - 15.70
52-Week Range	11.61 - 18.77
Beta	1.06
Analysts	Buy
Price Target	16.80 (+8.11%)
Earnings Date	Apr 24, 2024

About IRT

Independence Realty Trust, Inc. (NYSE: IRT) is a real estate investment trust that owns and operates multifamily communities, across non-gateway U.S. markets including Atlanta, GA, Dallas, TX, Denver, CO, Columbus, OH, Indianapolis, IN, Raleigh-Durham, NC, Oklahoma City, OK, Nashville, TN, Houston, TX, and Tampa, FL. 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 aims to provide stockholders attractive risk-adjus...

• Industry: REIT - Residential
• Sector: Real Estate
• IPO Date: Aug 13, 2013
• Employees: 952
• Stock Exchange: NYSE
• Ticker Symbol: IRT

Analyst Forecast

According to 5 analysts, the average rating for IRT stock is "Buy." The 12-month stock price forecast is $16.8, which is an increase of 8.11% from the latest price.

Price Target

$16.8

(8.11% upside)

Analyst Consensus: Buy