Independence Realty Trust Statistics
Total Valuation
IRT has a market cap or net worth of $4.22 billion. The enterprise value is $6.43 billion.
Important Dates
The next estimated earnings date is Wednesday, July 30, 2025, after market close.
| Earnings Date | Jul 30, 2025 |
| Ex-Dividend Date | Jun 27, 2025 |
Share Statistics
IRT has 239.33 million shares outstanding. The number of shares has increased by 1.21% in one year.
| Current Share Class | 233.39M |
| Shares Outstanding | 239.33M |
| Shares Change (YoY) | +1.21% |
| Shares Change (QoQ) | +3.06% |
| Owned by Insiders (%) | 0.64% |
| Owned by Institutions (%) | 101.04% |
| Float | 231.83M |
Valuation Ratios
The trailing PE ratio is 135.32 and the forward PE ratio is 74.70. IRT's PEG ratio is 4.86.
| Price/FFO Ratio | 14.74 |
| Price/AFFO Ratio | n/a |
| PE Ratio | 135.32 |
| Forward PE | 74.70 |
| PS Ratio | 6.22 |
| Forward PS | 6.20 |
| PB Ratio | 1.19 |
| P/TBV Ratio | 1.22 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 15.28 |
| PEG Ratio | 4.86 |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 213.73 |
| EV / Sales | 10.02 |
| EV / EBITDA | 18.29 |
| EV / EBIT | 50.97 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.42, with a Debt / Equity ratio of 0.63.
| Current Ratio | 0.42 |
| Quick Ratio | 0.30 |
| Debt / Equity | 0.63 |
| Debt / EBITDA | 6.41 |
| Debt / FCF | n/a |
| Interest Coverage | 1.68 |
Financial Efficiency
Return on equity (ROE) is 0.86% and return on invested capital (ROIC) is 1.35%.
| Return on Equity (ROE) | 0.86% |
| Return on Assets (ROA) | 1.32% |
| Return on Invested Capital (ROIC) | 1.35% |
| Return on Capital Employed (ROCE) | 2.17% |
| Revenue Per Employee | $699,378 |
| Profits Per Employee | $32,790 |
| Employee Count | 917 |
| 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 -6.17% in the last 52 weeks. The beta is 0.94, so IRT's price volatility has been similar to the market average.
| Beta (5Y) | 0.94 |
| 52-Week Price Change | -6.17% |
| 50-Day Moving Average | 18.61 |
| 200-Day Moving Average | 19.82 |
| Relative Strength Index (RSI) | 40.39 |
| Average Volume (20 Days) | 2,856,214 |
Short Selling Information
The latest short interest is 18.61 million, so 7.78% of the outstanding shares have been sold short.
| Short Interest | 18.61M |
| Short Previous Month | 18.30M |
| Short % of Shares Out | 7.78% |
| Short % of Float | 8.03% |
| Short Ratio (days to cover) | 10.38 |
Income Statement
In the last 12 months, IRT had revenue of $641.33 million and earned $30.07 million in profits. Earnings per share was $0.13.
| Revenue | 641.33M |
| Gross Profit | 376.52M |
| Operating Income | 126.07M |
| Pretax Income | -8.65M |
| Net Income | 30.07M |
| EBITDA | 351.41M |
| EBIT | 126.07M |
| Earnings Per Share (EPS) | $0.13 |
Full Income StatementBalance Sheet
The company has $49.14 million in cash and $2.26 billion in debt, giving a net cash position of -$2.21 billion or -$9.22 per share.
| Cash & Cash Equivalents | 49.14M |
| Total Debt | 2.26B |
| Net Cash | -2.21B |
| Net Cash Per Share | -$9.22 |
| Equity (Book Value) | 3.59B |
| Book Value Per Share | 14.81 |
| Working Capital | -95.60M |
Full Balance SheetCash Flow
| Operating Cash Flow | 276.06M |
| Capital Expenditures | -115.15M |
| Free Cash Flow | n/a |
| FCF Per Share | n/a |
Full Cash Flow StatementMargins
Gross margin is 58.71%, with operating and profit margins of 19.66% and 4.69%.
| Gross Margin | 58.71% |
| Operating Margin | 19.66% |
| Pretax Margin | 4.77% |
| Profit Margin | 4.69% |
| EBITDA Margin | 54.79% |
| EBIT Margin | 19.66% |
| FCF Margin | n/a |
Dividends & Yields
This stock pays an annual dividend of $0.64, which amounts to a dividend yield of 3.63%.
| Dividend Per Share | $0.64 |
| Dividend Yield | 3.63% |
| Dividend Growth (YoY) | 1.56% |
| Years of Dividend Growth | 3 |
| Payout Ratio | 498.93% |
| Buyback Yield | -1.21% |
| Shareholder Yield | 2.42% |
| Earnings Yield | 0.71% |
| FCF Yield | n/a |
Dividend DetailsAnalyst Forecast
The average price target for IRT is $22.70, which is 28.76% higher than the current price. The consensus rating is "Buy".
| Price Target | $22.70 |
| Price Target Difference | 28.76% |
| Analyst Consensus | Buy |
| Analyst Count | 10 |
| Revenue Growth Forecast (5Y) | 5.96% |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsFair 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 | 5 |
