Independence Realty Trust Statistics
Total Valuation
IRT has a market cap or net worth of $4.75 billion. The enterprise value is $7.08 billion.
Important Dates
The next estimated earnings date is Monday, October 28, 2024, after market close.
| Earnings Date | Oct 28, 2024 |
| Ex-Dividend Date | Sep 30, 2024 |
Share Statistics
IRT has 224.72 million shares outstanding. The number of shares has decreased by -0.02% in one year.
| Shares Outstanding | 224.72M |
| Shares Change (YoY) | -0.02% |
| Shares Change (QoQ) | +0.09% |
| Owned by Insiders (%) | 0.74% |
| Owned by Institutions (%) | 94.07% |
| Float | 222.92M |
Valuation Ratios
| Price/FFO Ratio | n/a |
| Price/AFFO Ratio | n/a |
| PE Ratio | n/a |
| Forward PE | 75.73 |
| PS Ratio | 7.30 |
| Forward PS | 7.11 |
| PB Ratio | 1.40 |
| P/FCF Ratio | 18.11 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 20.00, with an EV/FCF ratio of 27.00.
| EV / Earnings | n/a |
| EV / Sales | 10.88 |
| EV / EBITDA | 20.00 |
| EV / EBIT | 52.59 |
| EV / FCF | 27.00 |
Financial Position
The company has a current ratio of 0.95, with a Debt / Equity ratio of 0.64.
| Current Ratio | 0.95 |
| Quick Ratio | 0.36 |
| Debt / Equity | 0.64 |
| Debt / EBITDA | 6.36 |
| Debt / FCF | 8.60 |
| Interest Coverage | 1.61 |
Financial Efficiency
Return on equity (ROE) is -0.25% and return on invested capital (ROIC) is 1.39%.
| Return on Equity (ROE) | -0.25% |
| Return on Assets (ROA) | 1.35% |
| Return on Capital (ROIC) | 1.39% |
| Revenue Per Employee | $682,880 |
| Profits Per Employee | -$9,091 |
| 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 +35.65% in the last 52 weeks. The beta is 1.16, so IRT's price volatility has been higher than the market average.
| Beta (5Y) | 1.16 |
| 52-Week Price Change | +35.65% |
| 50-Day Moving Average | 19.70 |
| 200-Day Moving Average | 16.93 |
| Relative Strength Index (RSI) | 66.58 |
| Average Volume (20 Days) | 2,079,029 |
Short Selling Information
The latest short interest is 12.52 million, so 5.57% of the outstanding shares have been sold short.
| Short Interest | 12.52M |
| Short Previous Month | 9.04M |
| Short % of Shares Out | 5.57% |
| Short % of Float | 5.62% |
| Short Ratio (days to cover) | 7.68 |
Income Statement
In the last 12 months, IRT had revenue of $650.10 million and -$8.66 million in losses. Loss per share was -$0.05.
| Revenue | 650.10M |
| Gross Profit | 377.19M |
| Operating Income | 134.56M |
| Pretax Income | -8.65M |
| Net Income | -8.66M |
| EBITDA | 353.86M |
| EBIT | 134.56M |
| Loss Per Share | -$0.05 |
Full Income StatementBalance Sheet
The company has $59.46 million in cash and $2.25 billion in debt, giving a net cash position of -$2.20 billion or -$9.77 per share.
| Cash & Cash Equivalents | 59.46M |
| Total Debt | 2.25B |
| Net Cash | -2.20B |
| Net Cash Per Share | -$9.77 |
| Equity (Book Value) | 3.53B |
| Book Value Per Share | 15.12 |
| Working Capital | -7.57M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $262.06 million and capital expenditures -$135.13 million, giving a free cash flow of $262.06 million.
| Operating Cash Flow | 262.06M |
| Capital Expenditures | -135.13M |
| Free Cash Flow | 262.06M |
| FCF Per Share | $1.17 |
Full Cash Flow StatementMargins
Gross margin is 58.02%, with operating and profit margins of 20.70% and -1.33%.
| Gross Margin | 58.02% |
| Operating Margin | 20.70% |
| Pretax Margin | -1.41% |
| Profit Margin | -1.33% |
| EBITDA Margin | 54.43% |
| EBIT Margin | 20.70% |
| FCF Margin | 88.64% |