Independence Realty Trust, Inc. (IRT)
NYSE: IRT · Real-Time Price · USD
16.50
+0.24 (1.48%)
At close: May 19, 2026, 4:00 PM EDT
16.71
+0.21 (1.30%)
After-hours: May 19, 2026, 7:33 PM EDT
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 $19.07. The average 1-year stock price forecast is 15.58% higher than the current stock price, while the lowest is $17 (+3.03%) and the highest is $22 (+33.33%).
Price Target: $19.07 (+15.58%)
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 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 2 | 2 |
| Buy | 3 | 4 | 4 | 5 | 5 | 4 |
| Hold | 2 | 2 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 9 | 10 | 11 | 10 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Strong Buy Maintains $20 → $19 | Strong Buy | Maintains | $20 → $19 | +15.15% | May 14, 2026 |
| Barclays | Barclays | Hold Maintains $18 → $19 | Hold | Maintains | $18 → $19 | +15.15% | May 11, 2026 |
| Wells Fargo | Wells Fargo | Buy Maintains $19 → $18 | Buy | Maintains | $19 → $18 | +9.09% | Apr 23, 2026 |
| Barclays | Barclays | Hold Maintains $21 → $18 | Hold | Maintains | $21 → $18 | +9.09% | Mar 6, 2026 |
| Wells Fargo | Wells Fargo | Buy Maintains $20 → $19 | Buy | Maintains | $20 → $19 | +15.15% | Mar 5, 2026 |
Financial Forecast
Revenue This Year
685.03M
from 668.76M
Increased by 2.43%
Revenue Next Year
704.51M
from 685.03M
Increased by 2.84%
EPS This Year
0.19
from 0.24
Decreased by -20.88%
EPS Next Year
0.20
from 0.19
Increased by 2.84%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 729.3M | 746.9M | |
| Avg | 685.0M | 704.5M | |
| Low | 643.5M | 668.2M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 9.0% | 9.0% | |
| Avg | 2.4% | 2.8% | |
| Low | -3.8% | -2.5% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 0.35 | 0.26 | |
| Avg | 0.19 | 0.20 | |
| Low | 0.08 | 0.14 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 44.4% | 38.2% | |
| Avg | -20.9% | 2.8% | |
| Low | -67.3% | -27.7% |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.