Independence Realty Trust, Inc. (IRT)
NYSE: IRT · Real-Time Price · USD
16.32
+0.49 (3.10%)
At close: Apr 28, 2026, 4:00 PM EDT
16.32
0.00 (0.00%)
After-hours: Apr 28, 2026, 6:30 PM EDT

Independence Realty Trust Statistics

Total Valuation

IRT has a market cap or net worth of $3.94 billion. The enterprise value is $6.15 billion.

Market Cap3.94B
Enterprise Value 6.15B

Important Dates

The next confirmed earnings date is Wednesday, April 29, 2026, after market close.

Earnings Date Apr 29, 2026
Ex-Dividend Date Mar 27, 2026

Share Statistics

IRT has 241.21 million shares outstanding. The number of shares has increased by 4.06% in one year.

Current Share Class 235.26M
Shares Outstanding 241.21M
Shares Change (YoY) +4.06%
Shares Change (QoQ) +1.80%
Owned by Insiders (%) 0.72%
Owned by Institutions (%) 99.37%
Float 233.50M

Valuation Ratios

The trailing PE ratio is 68.00 and the forward PE ratio is 100.98. IRT's PEG ratio is 14.12.

Price/FFO Ratio 13.60
Price/AFFO Ratio n/a
PE Ratio 68.00
Forward PE 100.98
PS Ratio 5.84
Forward PS 5.69
PB Ratio 1.08
P/TBV Ratio 1.13
P/FCF Ratio n/a
P/OCF Ratio 13.83
PEG Ratio 14.12
Financial Ratio History

Enterprise Valuation

EV / Earnings 108.81
EV / Sales 9.20
EV / EBITDA 16.39
EV / EBIT 46.52
EV / FCF n/a

Financial Position

The company has a current ratio of 0.28, with a Debt / Equity ratio of 0.64.

Current Ratio 0.28
Quick Ratio 0.07
Debt / Equity 0.64
Debt / EBITDA 6.07
Debt / FCF n/a
Interest Coverage 1.67

Financial Efficiency

Return on equity (ROE) is 1.61% and return on invested capital (ROIC) is 1.40%.

Return on Equity (ROE) 1.61%
Return on Assets (ROA) 1.37%
Return on Invested Capital (ROIC) 1.40%
Return on Capital Employed (ROCE) 2.39%
Weighted Average Cost of Capital (WACC) 7.21%
Revenue Per Employee $739,781
Profits Per Employee $62,564
Employee Count904
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 -16.65% in the last 52 weeks. The beta is 1.01, so IRT's price volatility has been similar to the market average.

Beta (5Y) 1.01
52-Week Price Change -16.65%
50-Day Moving Average 15.84
200-Day Moving Average 16.63
Relative Strength Index (RSI) 62.71
Average Volume (20 Days) 2,277,950

Short Selling Information

The latest short interest is 11.10 million, so 4.60% of the outstanding shares have been sold short.

Short Interest 11.10M
Short Previous Month 12.09M
Short % of Shares Out 4.60%
Short % of Float 4.75%
Short Ratio (days to cover) 5.19

Income Statement

In the last 12 months, IRT had revenue of $668.76 million and earned $56.56 million in profits. Earnings per share was $0.24.

Revenue668.76M
Gross Profit 408.58M
Operating Income 132.29M
Pretax Income 57.71M
Net Income 56.56M
EBITDA 375.53M
EBIT 132.29M
Earnings Per Share (EPS) $0.24
Full Income Statement

Balance Sheet

The company has $33.40 million in cash and $2.28 billion in debt, with a net cash position of -$2.25 billion or -$9.33 per share.

Cash & Cash Equivalents 33.40M
Total Debt 2.28B
Net Cash -2.25B
Net Cash Per Share -$9.33
Equity (Book Value) 3.59B
Book Value Per Share 14.61
Working Capital -344.76M
Full Balance Sheet

Cash Flow

Operating Cash Flow 282.15M
Capital Expenditures -135.63M
Depreciation & Amortization 243.24M
Net Borrowing n/a
Free Cash Flow n/a
FCF Per Share n/a
Full Cash Flow Statement

Margins

Gross margin is 61.09%, with operating and profit margins of 19.78% and 8.46%.

Gross Margin 61.09%
Operating Margin 19.78%
Pretax Margin 8.63%
Profit Margin 8.46%
EBITDA Margin 56.15%
EBIT Margin 19.78%
FCF Margin n/a

Dividends & Yields

This stock pays an annual dividend of $0.68, which amounts to a dividend yield of 4.17%.

Dividend Per Share $0.68
Dividend Yield 4.17%
Dividend Growth (YoY) 6.25%
Years of Dividend Growth 4
Payout Ratio 283.33%
Buyback Yield -4.06%
Shareholder Yield 0.12%
Earnings Yield 1.45%
FCF Yield n/a
Dividend Details

Analyst Forecast

The average price target for IRT is $20.45, which is 25.31% higher than the current price. The consensus rating is "Buy".

Price Target $20.45
Price Target Difference 25.31%
Analyst Consensus Buy
Analyst Count 10
Revenue Growth Forecast (5Y) n/a
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 5