Independence Realty Trust Statistics
Total Valuation
IRT has a market cap or net worth of $4.25 billion. The enterprise value is $6.49 billion.
| Market Cap | 4.25B |
| Enterprise Value | 6.49B |
Important Dates
The next estimated earnings date is Wednesday, July 24, 2024, after market close.
| Earnings Date | Jul 24, 2024 |
| Ex-Dividend Date | Jun 28, 2024 |
Share Statistics
IRT has 225.08 million shares outstanding. The number of shares has increased by 0.06% in one year.
| Shares Outstanding | 225.08M |
| Shares Change (YoY) | +0.06% |
| Shares Change (QoQ) | +1.29% |
| Owned by Insiders (%) | 0.77% |
| Owned by Institutions (%) | 91.58% |
| Float | 222.91M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 68.71 |
| PS Ratio | 6.44 |
| Forward PS | 6.42 |
| PB Ratio | 1.24 |
| P/FCF Ratio | 7.92 |
| PEG Ratio | 4.57 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 21.68, with an EV/FCF ratio of 12.08.
| EV / Earnings | n/a |
| EV / Sales | 9.83 |
| EV / EBITDA | 21.68 |
| EV / EBIT | 81.01 |
| EV / FCF | 12.08 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 0.67 |
| Debt / EBITDA | 7.61 |
| Debt / FCF | 4.24 |
| Interest Coverage | 0.91 |
Financial Efficiency
Return on equity (ROE) is -0.20%.
| Return on Equity (ROE) | -0.20% |
| Return on Assets (ROA) | -0.10% |
| Return on Capital (ROIC) | n/a |
| Revenue Per Employee | $693,426 |
| Profits Per Employee | -$8,717 |
| Employee Count | 952 |
| 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 +2.27% in the last 52 weeks. The beta is 1.11, so IRT's price volatility has been higher than the market average.
| Beta (5Y) | 1.11 |
| 52-Week Price Change | +2.27% |
| 50-Day Moving Average | 17.07 |
| 200-Day Moving Average | 15.29 |
| Relative Strength Index (RSI) | 75.25 |
| Average Volume (20 Days) | 3,498,253 |
Short Selling Information
The latest short interest is 11.15 million, so 4.95% of the outstanding shares have been sold short.
| Short Interest | 11.15M |
| Short Previous Month | 8.56M |
| Short % of Shares Out | 4.95% |
| Short % of Float | 5.00% |
| Short Ratio (days to cover) | 3.53 |
Income Statement
In the last 12 months, IRT had revenue of $660.14 million and -$8.30 million in losses. Loss per share was -$0.03.
| Revenue | 660.14M |
| Gross Profit | 386.89M |
| Operating Income | 141.67M |
| Pretax Income | -8.30M |
| Net Income | -8.30M |
| EBITDA | 299.26M |
| EBIT | 80.10M |
| Loss Per Share | -$0.03 |
Balance Sheet
The company has $41.90 million in cash and $2.28 billion in debt, giving a net cash position of -$2.24 billion or -$9.93 per share.
| Cash & Cash Equivalents | 41.90M |
| Total Debt | 2.28B |
| Net Cash | -2.24B |
| Net Cash Per Share | -$9.93 |
| Equity (Book Value) | 3.42B |
| Book Value Per Share | 15.21 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $259.32 million and capital expenditures $278.03 million, giving a free cash flow of $537.35 million.
| Operating Cash Flow | 259.32M |
| Capital Expenditures | 278.03M |
| Free Cash Flow | 537.35M |
| FCF Per Share | $2.39 |
Margins
Gross margin is 58.61%, with operating and profit margins of 21.46% and -1.26%.
| Gross Margin | 58.61% |
| Operating Margin | 21.46% |
| Pretax Margin | -1.26% |
| Profit Margin | -1.26% |
| EBITDA Margin | 45.33% |
| EBIT Margin | 12.13% |
| FCF Margin | 81.40% |
Dividends & Yields
This stock pays an annual dividend of $0.64, which amounts to a dividend yield of 3.39%.
| Dividend Per Share | $0.64 |
| Dividend Yield | 3.39% |
| Dividend Growth (YoY) | 10.34% |
| Years of Dividend Growth | 2 |
| Payout Ratio | n/a |
| Buyback Yield | -0.06% |
| Shareholder Yield | 3.32% |
| Earnings Yield | -0.20% |
| FCF Yield | 12.63% |
Analyst Forecast
The average price target for IRT is $16.80, which is -11.11% lower than the current price. The consensus rating is "Buy".
| Price Target | $16.80 |
| Price Target Difference | -11.11% |
| Analyst Consensus | Buy |
| Analyst Count | 5 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
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 | 3 |