Independence Realty Trust, Inc. (IRT)
NYSE: IRT · Real-Time Price · USD
17.39
+0.07 (0.40%)
Aug 15, 2025, 12:59 PM - Market open
Independence Realty Trust Stock Forecast
Stock Price Forecast
The 9 analysts that cover Independence Realty Trust stock have a consensus rating of "Strong Buy" and an average price target of $22.56, which forecasts a 29.73% increase in the stock price over the next year. The lowest target is $20 and the highest is $25.
Price Target: $22.56 (+29.73%)
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Independence Realty Trust stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Mar '25 | Apr '25 | May '25 | Jun '25 | Jul '25 | Aug '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 4 | 4 | 4 | 4 | 4 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 2 | 2 | 3 | 3 | 3 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 9 | 10 | 10 | 10 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Hold Maintains $22 → $20 | Hold | Maintains | $22 → $20 | +15.01% | Aug 12, 2025 |
| Compass Point | Compass Point | Hold → Strong Buy Upgrades $22 → $24 | Hold → Strong Buy | Upgrades | $22 → $24 | +38.01% | Aug 1, 2025 |
| UBS | UBS | Strong Buy Maintains $24 → $21 | Strong Buy | Maintains | $24 → $21 | +20.76% | Jul 15, 2025 |
| Compass Point | Compass Point | Strong Buy → Hold Downgrades $22 | Strong Buy → Hold | Downgrades | $22 | +26.51% | May 13, 2025 |
| Barclays | Barclays | Hold Maintains $21 → $22 | Hold | Maintains | $21 → $22 | +26.51% | May 9, 2025 |
Financial Forecast
Revenue This Year
672.89M
from 640.38M
Increased by 5.08%
Revenue Next Year
714.18M
from 672.89M
Increased by 6.14%
EPS This Year
0.24
from 0.17
Increased by 38.88%
EPS Next Year
0.29
from 0.24
Increased by 21.62%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 715.8M | 773.1M | 804.5M | |
| Avg | 672.9M | 714.2M | 746.0M | |
| Low | 639.2M | 654.6M | 678.6M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 11.8% | 14.9% | 12.6% | |
| Avg | 5.1% | 6.1% | 4.5% | |
| Low | -0.2% | -2.7% | -5.0% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 0.39 | 0.38 | 0.37 |
| Avg | 0.24 | 0.29 | 0.30 |
| Low | 0.19 | 0.22 | 0.25 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 128.5% | 60.1% | 28.0% |
| Avg | 38.9% | 21.6% | 4.6% |
| Low | 9.5% | -8.7% | -14.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.