Independence Realty Trust, Inc. (IRT)
NYSE: IRT · Real-Time Price · USD
16.45
-0.05 (-0.30%)
Jul 21, 2026, 11:00 AM EDT - Market open

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 $19.21. The average 1-year stock price forecast is 16.78% higher than the current stock price, while the lowest is $17 (+3.34%) and the highest is $22 (+33.74%).

Price Target: $19.21 (+16.78%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$17$19.21$19$22
Change+3.34%+16.78%+15.50%+33.74%

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
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy888888
Buy222223
Hold444443
Sell000000
Strong Sell000000
Total141414141414

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Deutsche Bank
Deutsche Bank
Hold
Maintains
$18
HoldMaintains$18+9.42%Jul 20, 2026
Barclays
Barclays
Buy
Upgrades
$20
BuyUpgrades$20+21.58%Jul 14, 2026
UBS
UBS
Buy
Maintains
$20$19
BuyMaintains$20$19+15.50%May 14, 2026
Colliers Securities
Colliers Securities
Hold
Maintains
$17$17
HoldMaintains$17$17+3.34%Apr 30, 2026
RBC Capital
RBC Capital
Buy
Maintains
$17$18
BuyMaintains$17$18+9.42%Apr 30, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
672.06M
from 668.76M
Increased by 0.49%
Revenue Next Year
692.72M
from 672.06M
Increased by 3.07%
EPS This Year
0.19
EPS Next Year
0.16
from 0.19
Decreased by -18.42%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
250.25M626.36M656.50M640.38M668.76M672.06M
Revenue Growth
18.10%150.29%4.81%-2.45%4.43%0.49%
Net Income
44.59M117.25M-17.23M39.29M56.56M32.74M
EPS
-----0.19
Dividend / Share
0.480.540.620.640.670.69
Dividend Growth
-12.50%14.81%3.23%4.69%3.58%
Free Cash Flow
56.89M229.96M-139.33M325.46M185.55M161.58M
FFO
31.74M263.18M270.47M272.79M285.91M274.06M
FFO / Share
0.291.151.171.181.191.14
P/FFO
75.7612.8211.9015.8414.3714.46
No. Analysts
-----9
EPS based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High679.1M
Avg672.1M
Low666.8M

Revenue Growth

Revenue Growth202620272028
High
1.5%
Avg
0.5%
Low
-0.3%

EPS Forecast

EPS202620272028
High0.19
Avg0.19
Low0.19

EPS Growth

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