Independence Realty Trust, Inc. (IRT)
NYSE: IRT · Real-Time Price · USD
19.61
+0.20 (1.00%)
Apr 25, 2025, 4:00 PM EDT - Market closed

Independence Realty Trust Statistics

Total Valuation

IRT has a market cap or net worth of $4.63 billion. The enterprise value is $6.92 billion.

Market Cap 4.63B
Enterprise Value 6.92B

Important Dates

The next confirmed earnings date is Wednesday, April 30, 2025, after market close.

Earnings Date Apr 30, 2025
Ex-Dividend Date Mar 28, 2025

Share Statistics

IRT has 236.70 million shares outstanding. The number of shares has increased by 0.52% in one year.

Current Share Class 230.76M
Shares Outstanding 236.70M
Shares Change (YoY) +0.52%
Shares Change (QoQ) -0.49%
Owned by Insiders (%) 0.69%
Owned by Institutions (%) 101.55%
Float 229.10M

Valuation Ratios

The trailing PE ratio is 115.18 and the forward PE ratio is 81.75. IRT's PEG ratio is 13.62.

Price/FFO Ratio 16.59
Price/AFFO Ratio n/a
PE Ratio 115.18
Forward PE 81.75
PS Ratio 6.87
Forward PS 6.80
PB Ratio 1.31
P/TBV Ratio 1.35
P/FCF Ratio n/a
P/OCF Ratio 17.84
PEG Ratio 13.62
Financial Ratio History

Enterprise Valuation

EV / Earnings 176.12
EV / Sales 10.81
EV / EBITDA 19.74
EV / EBIT 53.32
EV / FCF n/a

Financial Position

The company has a current ratio of 0.97, with a Debt / Equity ratio of 0.65.

Current Ratio 0.97
Quick Ratio 0.27
Debt / Equity 0.65
Debt / EBITDA 6.65
Debt / FCF n/a
Interest Coverage 1.70

Financial Efficiency

Return on equity (ROE) is 1.12% and return on invested capital (ROIC) is 1.35%.

Return on Equity (ROE) 1.12%
Return on Assets (ROA) 1.31%
Return on Invested Capital (ROIC) 1.35%
Return on Capital Employed (ROCE) 2.21%
Revenue Per Employee $698,345
Profits Per Employee $42,847
Employee Count 917
Asset Turnover 0.10
Inventory Turnover n/a

Taxes

Income Tax n/a
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +24.40% in the last 52 weeks. The beta is 0.98, so IRT's price volatility has been similar to the market average.

Beta (5Y) 0.98
52-Week Price Change +24.40%
50-Day Moving Average 20.32
200-Day Moving Average 20.05
Relative Strength Index (RSI) 49.65
Average Volume (20 Days) 2,166,264

Short Selling Information

The latest short interest is 18.84 million, so 7.96% of the outstanding shares have been sold short.

Short Interest 18.84M
Short Previous Month 17.31M
Short % of Shares Out 7.96%
Short % of Float 8.22%
Short Ratio (days to cover) 8.69

Income Statement

In the last 12 months, IRT had revenue of $640.38 million and earned $39.29 million in profits. Earnings per share was $0.17.

Revenue 640.38M
Gross Profit 374.87M
Operating Income 129.77M
Pretax Income -8.65M
Net Income 39.29M
EBITDA 350.63M
EBIT 129.77M
Earnings Per Share (EPS) $0.17
Full Income Statement

Balance Sheet

The company has $50.53 million in cash and $2.34 billion in debt, giving a net cash position of -$2.29 billion or -$9.65 per share.

Cash & Cash Equivalents 50.53M
Total Debt 2.34B
Net Cash -2.29B
Net Cash Per Share -$9.65
Equity (Book Value) 3.58B
Book Value Per Share 14.94
Working Capital -6.11M
Full Balance Sheet

Cash Flow

Operating Cash Flow 259.75M
Capital Expenditures -118.26M
Free Cash Flow n/a
FCF Per Share n/a
Full Cash Flow Statement

Margins

Gross margin is 58.54%, with operating and profit margins of 20.26% and 6.14%.

Gross Margin 58.54%
Operating Margin 20.26%
Pretax Margin 6.25%
Profit Margin 6.14%
EBITDA Margin 54.75%
EBIT Margin 20.26%
FCF Margin n/a

Dividends & Yields

This stock pays an annual dividend of $0.64, which amounts to a dividend yield of 3.26%.

Dividend Per Share $0.64
Dividend Yield 3.26%
Dividend Growth (YoY) n/a
Years of Dividend Growth 3
Payout Ratio 376.47%
Buyback Yield -0.52%
Shareholder Yield 2.81%
Earnings Yield 0.85%
FCF Yield n/a
Dividend Details

Analyst Forecast

The average price target for IRT is $22.67, which is 15.63% higher than the current price. The consensus rating is "Strong Buy".

Price Target $22.67
Price Target Difference 15.63%
Analyst Consensus Strong Buy
Analyst Count 9
Revenue Growth Forecast (5Y) 5.88%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

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 5