Independence Realty Trust, Inc. (IRT)
NYSE: IRT · Real-Time Price · USD
14.77
+0.13 (0.89%)
Oct 9, 2026, 4:00 PM EDT - Market closed

Independence Realty Trust Stock Forecast

Stock Price Forecast

According to 13 analysts polled by S&P Global, Independence Realty Trust stock has a consensus rating of "Buy" and an average price target of $19.27. The average 1-year stock price forecast is 30.47% higher than the current stock price, while the lowest is $17 (+15.10%) and the highest is $22 (+48.95%).

Price Target: $19.27 (+30.47%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$17$19.27$19$22
Change+15.10%+30.47%+28.64%+48.95%

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

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy888877
Buy223333
Hold443333
Sell000000
Strong Sell000000
Total141414141313

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Unknown Analyst
Jefferies
No rating
Jefferies
Buy
Maintains
$18
BuyMaintains$18+21.87%Oct 1, 2026
Wells Fargo
Wells Fargo
Buy
Maintains
$19
BuyMaintains$19+28.64%Sep 28, 2026
Barclays
Barclays
Buy
Maintains
$20
BuyMaintains$20+35.41%Sep 23, 2026
UBS
UBS
Buy
Reiterates
$19 → $18
BuyReiterates$19 → $18+21.87%Sep 15, 2026
KeyBanc
KeyBanc
Buy
Maintains
$19
BuyMaintains$19+28.64%Sep 11, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
675.20M
from 668.76M
Increased by 0.96%
Revenue Next Year
696.14M
from 675.20M
Increased by 3.10%
EPS This Year
0.19
EPS Next Year
0.08
from 0.19
Decreased by -57.89%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
250.25M626.36M656.50M640.38M668.76M675.20M
Revenue Growth
18.10%150.29%4.81%-2.45%4.43%0.96%
Net Income
44.59M117.25M-17.23M39.29M56.56M42.66M
EPS
-----0.19
Dividend / Share
0.480.540.620.640.670.71
Dividend Growth
-11.11%12.50%14.82%3.23%4.69%5.86%
Free Cash Flow
-----161.58M
FFO
31.74M263.18M270.47M272.79M285.91M275.07M
FFO / Share
0.291.151.171.181.191.14
P/FFO
74.8412.6711.7615.6514.1912.96
No. Analysts
-----8
EPS based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High680.2M
Avg675.2M
Low668.5M

Revenue Growth

Revenue Growth202620272028
High
1.7%
Avg
1.0%
Low
-0.0%

EPS Forecast

EPS202620272028
High0.19
Avg0.19
Low0.19

EPS Growth

EPS Growth202620272028
High
-18.9%
Avg
-18.9%
Low
-18.9%