Independence Realty Trust, Inc. (IRT)
NYSE: IRT · Real-Time Price · USD
16.16
-0.15 (-0.92%)
At close: Oct 6, 2025, 4:00 PM EDT
16.11
-0.05 (-0.32%)
After-hours: Oct 6, 2025, 7:43 PM EDT
Independence Realty Trust Stock Forecast
Stock Price Forecast
The 7 analysts that cover Independence Realty Trust stock have a consensus rating of "Buy" and an average price target of $22.14, which forecasts a 37.00% increase in the stock price over the next year. The lowest target is $20 and the highest is $25.
Price Target: $22.14 (+37.00%)
Analyst Consensus: Buy
* Price targets were last updated on Aug 27, 2025.
Analyst Ratings
The average analyst rating for Independence Realty Trust stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | May '25 | Jun '25 | Jul '25 | Aug '25 | Sep '25 | Oct '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 3 |
| Buy | 3 | 3 | 3 | 3 | 3 | 2 |
| Hold | 3 | 3 | 3 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 10 | 9 | 9 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Buy Maintains $24 → $20 | Buy | Maintains | $24 → $20 | +23.76% | Aug 27, 2025 |
| Barclays | Barclays | Hold Maintains $22 → $20 | Hold | Maintains | $22 → $20 | +23.76% | Aug 12, 2025 |
| Compass Point | Compass Point | Hold → Strong Buy Upgrades $22 → $24 | Hold → Strong Buy | Upgrades | $22 → $24 | +48.51% | Aug 1, 2025 |
| UBS | UBS | Strong Buy Maintains $24 → $21 | Strong Buy | Maintains | $24 → $21 | +29.95% | Jul 15, 2025 |
| Compass Point | Compass Point | Strong Buy → Hold Downgrades $22 | Strong Buy → Hold | Downgrades | $22 | +36.14% | May 13, 2025 |
Financial Forecast
Revenue This Year
671.25M
from 640.38M
Increased by 4.82%
Revenue Next Year
706.61M
from 671.25M
Increased by 5.27%
EPS This Year
0.27
from 0.17
Increased by 58.71%
EPS Next Year
0.26
from 0.27
Decreased by -3.30%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 714.6M | 756.1M | ||
| Avg | 671.3M | 706.6M | ||
| Low | 635.7M | 647.9M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 11.6% | 12.6% | ||
| Avg | 4.8% | 5.3% | ||
| Low | -0.7% | -3.5% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 0.53 | 0.33 | |
| Avg | 0.27 | 0.26 | |
| Low | 0.19 | 0.22 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 208.8% | 20.6% | |
| Avg | 58.7% | -3.3% | |
| Low | 9.5% | -20.1% |
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.