Independence Realty Trust, Inc. (IRT)
NYSE: IRT · Real-Time Price · USD
20.83
-0.04 (-0.19%)
Sep 18, 2024, 3:35 PM EDT - Market open

Independence Realty Trust Statistics

Total Valuation

IRT has a market cap or net worth of $4.69 billion. The enterprise value is $7.02 billion.

Market Cap 4.69B
Enterprise Value 7.02B

Important Dates

The next estimated earnings date is Monday, October 28, 2024, after market close.

Earnings Date Oct 28, 2024
Ex-Dividend Date Jun 28, 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 (%) 94.09%
Float 222.92M

Valuation Ratios

Price/FFO Ratio n/a
Price/AFFO Ratio n/a
PE Ratio n/a
Forward PE 74.83
PS Ratio 7.21
Forward PS 7.02
PB Ratio 1.38
P/FCF Ratio 17.90
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 19.84, with an EV/FCF ratio of 26.79.

EV / Earnings n/a
EV / Sales 10.80
EV / EBITDA 19.84
EV / EBIT 52.17
EV / FCF 26.79

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 +33.95% 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 +33.95%
50-Day Moving Average 19.59
200-Day Moving Average 16.86
Relative Strength Index (RSI) 63.48
Average Volume (20 Days) 2,014,824

Short Selling Information

Short Interest n/a
Short Previous Month n/a
Short % of Shares Out n/a
Short % of Float n/a
Short Ratio (days to cover) n/a

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 Statement

Balance 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 Sheet

Cash 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 Statement

Margins

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%

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) 10.34%
Years of Dividend Growth 2
Payout Ratio n/a
Buyback Yield 0.02%
Shareholder Yield 3.09%
Earnings Yield -0.18%
FCF Yield 5.59%
Dividend Details

Analyst Forecast

The average price target for IRT is $19.25, which is -7.76% lower than the current price. The consensus rating is "Buy".

Price Target $19.25
Price Target Difference -7.76%
Analyst Consensus Buy
Analyst Count 8
Revenue Growth Forecast (5Y) n/a
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 4