Independence Realty Trust, Inc. (IRT)
NYSE: IRT · Real-Time Price · USD
17.27
+0.01 (0.06%)
Jul 17, 2025, 4:00 PM - Market closed
Independence Realty Trust Stock Forecast
Stock Price Forecast
The 10 analysts that cover Independence Realty Trust stock have a consensus rating of "Buy" and an average price target of $22.4, which forecasts a 29.7% increase in the stock price over the next year. The lowest target is $21 and the highest is $25.
Price Target: $22.4 (+29.7%)
Analyst Consensus: Buy
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 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 | Jul '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 4 | 4 | 4 | 4 |
| Buy | 4 | 3 | 3 | 3 | 3 | 3 |
| Hold | 2 | 2 | 2 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 9 | 10 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Strong Buy Maintains $24 → $21 | Strong Buy | Maintains | $24 → $21 | +21.60% | Jul 15, 2025 |
| Compass Point | Compass Point | Strong Buy → Hold Downgrades $22 | Strong Buy → Hold | Downgrades | $22 | +27.39% | May 13, 2025 |
| Barclays | Barclays | Hold Maintains $21 → $22 | Hold | Maintains | $21 → $22 | +27.39% | May 9, 2025 |
| JMP Securities | JMP Securities | Buy Reiterates $25 | Buy | Reiterates | $25 | +44.76% | May 5, 2025 |
| Barclays | Barclays | Hold Maintains $20 → $21 | Hold | Maintains | $20 → $21 | +21.60% | Apr 11, 2025 |
Financial Forecast
Revenue This Year
673.12M
from 640.38M
Increased by 5.11%
Revenue Next Year
715.85M
from 673.12M
Increased by 6.35%
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 | 673.1M | 715.9M | 746.0M | |
| Low | 639.7M | 661.1M | 678.6M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 11.8% | 14.9% | 12.4% | |
| Avg | 5.1% | 6.3% | 4.2% | |
| Low | -0.1% | -1.8% | -5.2% |
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.