Independence Realty Trust Stock Forecast

Stock Price Forecast

According to 14 analysts polled by S&P Global, Independence Realty Trust stock has a consensus rating of "Buy" and an average price target of $19.5. The average 1-year stock price forecast is 16.56% higher than the current stock price, while the lowest is $18 (+7.59%) and the highest is $22 (+31.50%).

Price Target: $19.5 (+16.56%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$18	$19.5	$19	$22
Change	+7.59%	+16.56%	+13.57%	+31.50%

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

Rating	Mar '26	Apr '26	May '26	Jun '26	Jul '26	Aug '26
Strong Buy	8	8	8	8	8	8
Buy	2	2	2	2	3	3
Hold	4	4	4	4	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	14	14	14	14	14	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Brad Heffern RBC Capital	RBC Capital	Buy Maintains $18 → $19	Buy	Maintains	$18 → $19	+13.57%	Aug 5, 2026
Barry Oxford Colliers Securities	Colliers Securities	Hold Maintains $17 → $18	Hold	Maintains	$17 → $18	+7.59%	Aug 4, 2026
James Feldman Wells Fargo	Wells Fargo	Buy Maintains $15 → $21	Buy	Maintains	$15 → $21	+25.52%	Jul 22, 2026
Peter Abramowitz Deutsche Bank	Deutsche Bank	Hold Maintains $18	Hold	Maintains	$18	+7.59%	Jul 20, 2026
Jason Wayne Barclays	Barclays	Buy Upgrades $20	Buy	Upgrades	$20	+19.55%	Jul 14, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

673.36M

from 668.76M

0.69%

from 668.76M

Revenue Next Year

696.78M

from 673.36M

3.48%

from 673.36M

EPS This Year

0.24

from -

EPS Next Year

0.16

from 0.24

-33.33%

from 0.24

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	250.25M	626.36M	656.50M	640.38M	668.76M	673.36M
Revenue Growth	18.10%	150.29%	4.81%	-2.45%	4.43%	0.69%
Net Income	44.59M	117.25M	-17.23M	39.29M	56.56M	31.45M
EPS	-	-	-	-	-	0.24
Dividend / Share	0.48	0.54	0.62	0.64	0.67	0.68
Dividend Growth	-	12.50%	14.81%	3.23%	4.69%	1.49%
Free Cash Flow	56.89M	229.96M	-139.33M	325.46M	185.55M	161.58M
FFO	31.74M	263.18M	270.47M	272.79M	285.91M	274.24M
FFO / Share	0.29	1.15	1.17	1.18	1.19	1.14
P/FFO	75.76	12.82	11.90	15.84	14.37	14.71
No. Analysts	-	-	-	-	-	8

EPS based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	680.2M
Avg	673.4M
Low	666.8M

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	1.7%
Avg	0.7%
Low	-0.3%

EPS Forecast

Chart

EPS	2026	2027	2028
High	0.24
Avg	0.24
Low	0.24

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	2.4%
Avg	2.4%
Low	2.4%