Independence Realty Trust, Inc. (IRT)
NYSE: IRT · Real-Time Price · USD
20.86
-0.12 (-0.57%)
Mar 28, 2025, 4:00 PM EDT - Market closed

Independence Realty Trust Statistics

Total Valuation

IRT has a market cap or net worth of $4.93 billion. The enterprise value is $7.24 billion.

Market Cap 4.93B
Enterprise Value 7.24B

Important Dates

The next estimated earnings date is Wednesday, April 23, 2025, after market close.

Earnings Date Apr 23, 2025
Ex-Dividend Date Mar 28, 2025

Share Statistics

IRT has 236.41 million shares outstanding. The number of shares has increased by 0.52% in one year.

Current Share Class 230.47M
Shares Outstanding 236.41M
Shares Change (YoY) +0.52%
Shares Change (QoQ) -0.49%
Owned by Insiders (%) 0.89%
Owned by Institutions (%) 101.58%
Float 228.35M

Valuation Ratios

The trailing PE ratio is 122.71 and the forward PE ratio is 83.29. IRT's PEG ratio is 13.88.

Price/FFO Ratio 17.68
Price/AFFO Ratio n/a
PE Ratio 122.71
Forward PE 83.29
PS Ratio 7.32
Forward PS 7.23
PB Ratio 1.40
P/TBV Ratio 1.43
P/FCF Ratio n/a
P/OCF Ratio n/a
PEG Ratio 13.88
Financial Ratio History

Enterprise Valuation

EV / Earnings 184.37
EV / Sales 11.31
EV / EBITDA 20.86
EV / EBIT 55.82
EV / FCF n/a

Financial Position

The company has a current ratio of 1.30, with a Debt / Equity ratio of 0.65.

Current Ratio 1.30
Quick Ratio 0.15
Debt / Equity 0.65
Debt / EBITDA 6.72
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) 2.19%
Revenue Per Employee $672,670
Profits Per Employee $41,272
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 +30.29% in the last 52 weeks. The beta is 1.18, so IRT's price volatility has been higher than the market average.

Beta (5Y) 1.18
52-Week Price Change +30.29%
50-Day Moving Average 20.32
200-Day Moving Average 19.95
Relative Strength Index (RSI) 51.50
Average Volume (20 Days) 2,071,939

Short Selling Information

The latest short interest is 23.73 million, so 10.04% of the outstanding shares have been sold short.

Short Interest 23.73M
Short Previous Month 23.82M
Short % of Shares Out 10.04%
Short % of Float 10.39%
Short Ratio (days to cover) 10.27

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 347.25M
EBIT 129.77M
Earnings Per Share (EPS) $0.17
Full Income Statement

Balance Sheet

The company has $21.23 million in cash and $2.33 billion in debt, giving a net cash position of -$2.31 billion or -$9.78 per share.

Cash & Cash Equivalents 21.23M
Total Debt 2.33B
Net Cash -2.31B
Net Cash Per Share -$9.78
Equity (Book Value) 3.58B
Book Value Per Share 14.94
Working Capital 41.74M
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 58.54%, 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 54.23%
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 3.07%.

Dividend Per Share $0.64
Dividend Yield 3.07%
Dividend Growth (YoY) n/a
Years of Dividend Growth 3
Payout Ratio 376.47%
Buyback Yield -0.52%
Shareholder Yield 2.55%
Earnings Yield 0.80%
FCF Yield n/a
Dividend Details

Analyst Forecast

The average price target for IRT is $22.38, which is 7.29% higher than the current price. The consensus rating is "Buy".

Price Target $22.38
Price Target Difference 7.29%
Analyst Consensus Buy
Analyst Count 8
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 3