Independence Realty Trust, Inc. (IRT)
NYSE: IRT · Real-Time Price · USD
16.76
-0.01 (-0.06%)
Aug 1, 2025, 4:00 PM - Market closed

Brightcove Statistics

Total Valuation

IRT has a market cap or net worth of $4.01 billion. The enterprise value is $6.24 billion.

Market Cap4.01B
Enterprise Value 6.24B

Important Dates

The last earnings date was Wednesday, July 30, 2025, after market close.

Earnings Date Jul 30, 2025
Ex-Dividend Date Jun 27, 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 (%) 100.73%
Float 231.83M

Valuation Ratios

The trailing PE ratio is 139.24 and the forward PE ratio is 67.88. IRT's PEG ratio is 5.12.

Price/FFO Ratio 14.00
Price/AFFO Ratio n/a
PE Ratio 139.24
Forward PE 67.88
PS Ratio 5.93
Forward PS 5.79
PB Ratio 1.14
P/TBV Ratio 1.17
P/FCF Ratio n/a
P/OCF Ratio n/a
PEG Ratio 5.12
Financial Ratio History

Enterprise Valuation

EV / Earnings 224.85
EV / Sales 9.67
EV / EBITDA 18.39
EV / EBIT 50.08
EV / FCF n/a

Financial Position

The company has a current ratio of 1.15, with a Debt / Equity ratio of 0.63.

Current Ratio 1.15
Quick Ratio 0.13
Debt / Equity 0.63
Debt / EBITDA 6.62
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 -10.13% in the last 52 weeks. The beta is 0.95, so IRT's price volatility has been similar to the market average.

Beta (5Y) 0.95
52-Week Price Change -10.13%
50-Day Moving Average 17.78
200-Day Moving Average 19.52
Relative Strength Index (RSI) 33.99
Average Volume (20 Days) 2,573,533

Short Selling Information

The latest short interest is 21.26 million, so 8.88% of the outstanding shares have been sold short.

Short Interest 21.26M
Short Previous Month 18.61M
Short % of Shares Out 8.88%
Short % of Float 9.17%
Short Ratio (days to cover) 6.55

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 380.17M
Operating Income 124.64M
Pretax Income -8.65M
Net Income 27.76M
EBITDA 339.51M
EBIT 124.64M
Earnings Per Share (EPS) $0.12
Full Income Statement

Balance Sheet

The company has $19.49 million in cash and $2.25 billion in debt, giving a net cash position of -$2.23 billion or -$9.32 per share.

Cash & Cash Equivalents 19.49M
Total Debt 2.25B
Net Cash -2.23B
Net Cash Per Share -$9.32
Equity (Book Value) 3.55B
Book Value Per Share 14.65
Working Capital 22.72M
Full Balance Sheet

Cash Flow

Operating Cash Flow n/a
Capital Expenditures n/a
Free Cash Flow n/a
FCF Per Share n/a
Full Cash Flow Statement

Margins

Gross margin is 58.90%, with operating and profit margins of 19.31% and 4.30%.

Gross Margin 58.90%
Operating Margin 19.31%
Pretax Margin 4.37%
Profit Margin 4.30%
EBITDA Margin 52.60%
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 4.05%.

Dividend Per Share $0.68
Dividend Yield 4.05%
Dividend Growth (YoY) 1.56%
Years of Dividend Growth 3
Payout Ratio 539.99%
Buyback Yield -2.14%
Shareholder Yield 1.92%
Earnings Yield 0.69%
FCF Yield n/a
Dividend Details

Analyst Forecast

The average price target for IRT is $22.60, which is 34.85% higher than the current price. The consensus rating is "Strong Buy".

Price Target $22.60
Price Target Difference 34.85%
Analyst Consensus Strong Buy
Analyst Count 10
Revenue Growth Forecast (5Y) 5.96%
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 4