Independence Realty Trust, Inc. (IRT)
NYSE: IRT · Real-Time Price · USD
16.16
-0.15 (-0.92%)
At close: Oct 6, 2025, 4:00 PM EDT
16.11
-0.05 (-0.32%)
After-hours: Oct 6, 2025, 7:43 PM EDT

Independence Realty Trust Statistics

Total Valuation

IRT has a market cap or net worth of $3.87 billion. The enterprise value is $6.09 billion.

Market Cap3.87B
Enterprise Value 6.09B

Important Dates

The next estimated earnings date is Wednesday, October 29, 2025, after market close.

Earnings Date Oct 29, 2025
Ex-Dividend Date Sep 30, 2025

Share Statistics

IRT has 239.37 million shares outstanding. The number of shares has increased by 2.14% in one year.

Current Share Class 233.42M
Shares Outstanding 239.37M
Shares Change (YoY) +2.14%
Shares Change (QoQ) +0.99%
Owned by Insiders (%) 0.64%
Owned by Institutions (%) 100.60%
Float 231.87M

Valuation Ratios

The trailing PE ratio is 134.25 and the forward PE ratio is 50.82. IRT's PEG ratio is 3.83.

Price/FFO Ratio 13.50
Price/AFFO Ratio n/a
PE Ratio 134.25
Forward PE 50.82
PS Ratio 5.72
Forward PS 5.52
PB Ratio 1.10
P/TBV Ratio 1.13
P/FCF Ratio n/a
P/OCF Ratio 14.05
PEG Ratio 3.83
Financial Ratio History

Enterprise Valuation

EV / Earnings 219.23
EV / Sales 9.43
EV / EBITDA 17.09
EV / EBIT 48.83
EV / FCF n/a

Financial Position

The company has a current ratio of 1.08, with a Debt / Equity ratio of 0.63.

Current Ratio 1.08
Quick Ratio 0.21
Debt / Equity 0.63
Debt / EBITDA 6.31
Debt / FCF n/a
Interest Coverage 1.64

Financial Efficiency

Return on equity (ROE) is 0.80% and return on invested capital (ROIC) is 1.34%.

Return on Equity (ROE) 0.80%
Return on Assets (ROA) 1.31%
Return on Invested Capital (ROIC) 1.34%
Return on Capital Employed (ROCE) 2.15%
Revenue Per Employee $703,821
Profits Per Employee $30,274
Employee Count917
Asset Turnover 0.11
Inventory Turnover n/a

Taxes

Income Tax n/a
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -17.26% in the last 52 weeks. The beta is 0.96, so IRT's price volatility has been similar to the market average.

Beta (5Y) 0.96
52-Week Price Change -17.26%
50-Day Moving Average 17.19
200-Day Moving Average 18.74
Relative Strength Index (RSI) 31.97
Average Volume (20 Days) 2,665,888

Short Selling Information

The latest short interest is 22.03 million, so 9.20% of the outstanding shares have been sold short.

Short Interest 22.03M
Short Previous Month 25.00M
Short % of Shares Out 9.20%
Short % of Float 9.50%
Short Ratio (days to cover) 9.13

Income Statement

In the last 12 months, IRT had revenue of $645.40 million and earned $27.76 million in profits. Earnings per share was $0.12.

Revenue645.40M
Gross Profit 381.03M
Operating Income 124.64M
Pretax Income 28.22M
Net Income 27.76M
EBITDA 356.16M
EBIT 124.64M
Earnings Per Share (EPS) $0.12
Full Income Statement

Balance Sheet

The company has $34.13 million in cash and $2.25 billion in debt, giving a net cash position of -$2.22 billion or -$9.27 per share.

Cash & Cash Equivalents 34.13M
Total Debt 2.25B
Net Cash -2.22B
Net Cash Per Share -$9.27
Equity (Book Value) 3.55B
Book Value Per Share 14.65
Working Capital 13.05M
Full Balance Sheet

Cash Flow

Operating Cash Flow 275.29M
Capital Expenditures -116.23M
Free Cash Flow n/a
FCF Per Share n/a
Full Cash Flow Statement

Margins

Gross margin is 59.04%, with operating and profit margins of 19.31% and 4.30%.

Gross Margin 59.04%
Operating Margin 19.31%
Pretax Margin 4.37%
Profit Margin 4.30%
EBITDA Margin 55.18%
EBIT Margin 19.31%
FCF Margin n/a

Dividends & Yields

This stock pays an annual dividend of $0.68, which amounts to a dividend yield of 4.21%.

Dividend Per Share $0.68
Dividend Yield 4.21%
Dividend Growth (YoY) 3.13%
Years of Dividend Growth 3
Payout Ratio 548.30%
Buyback Yield -2.14%
Shareholder Yield 2.07%
Earnings Yield 0.72%
FCF Yield n/a
Dividend Details

Analyst Forecast

The average price target for IRT is $22.14, which is 37.01% higher than the current price. The consensus rating is "Buy".

Price Target $22.14
Price Target Difference 37.01%
Analyst Consensus Buy
Analyst Count 7
Revenue Growth Forecast (5Y) 5.13%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Altman Z-Score n/a
Piotroski F-Score 6