Independence Realty Trust Statistics
Total Valuation
IRT has a market cap or net worth of $3.93 billion. The enterprise value is $6.34 billion.
| Market Cap | 3.93B |
| Enterprise Value | 6.34B |
Important Dates
The last earnings date was Monday, August 3, 2026, after market close.
| Earnings Date | Aug 3, 2026 |
| Ex-Dividend Date | Jun 26, 2026 |
Share Statistics
IRT has 241.26 million shares outstanding. The number of shares has increased by 3.12% in one year.
| Current Share Class | 235.32M |
| Shares Outstanding | 241.26M |
| Shares Change (YoY) | +3.12% |
| Shares Change (QoQ) | -0.17% |
| Owned by Insiders (%) | 0.71% |
| Owned by Institutions (%) | 99.45% |
| Float | 233.58M |
Valuation Ratios
The trailing PE ratio is 91.01 and the forward PE ratio is 56.93.
| Price/FFO Ratio | 13.89 |
| Price/AFFO Ratio | n/a |
| PE Ratio | 91.01 |
| Forward PE | 56.93 |
| PS Ratio | 5.81 |
| Forward PS | 5.72 |
| PB Ratio | 1.14 |
| P/TBV Ratio | 1.17 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 14.27 |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | 145.90 |
| EV / Sales | 9.37 |
| EV / EBITDA | 16.77 |
| EV / EBIT | 51.17 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.59, with a Debt / Equity ratio of 0.70.
| Current Ratio | 0.59 |
| Quick Ratio | 0.16 |
| Debt / Equity | 0.70 |
| Debt / EBITDA | 6.45 |
| Debt / FCF | n/a |
| Interest Coverage | 1.49 |
Financial Efficiency
Return on equity (ROE) is 1.26% and return on invested capital (ROIC) is 1.32%.
| Return on Equity (ROE) | 1.26% |
| Return on Assets (ROA) | 1.29% |
| Return on Invested Capital (ROIC) | 1.32% |
| Return on Capital Employed (ROCE) | 2.12% |
| Weighted Average Cost of Capital (WACC) | 6.87% |
| Revenue Per Employee | $749,073 |
| Profits Per Employee | $48,097 |
| Employee Count | 904 |
| 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 -7.96% in the last 52 weeks. The beta is 0.95, so IRT's price volatility has been similar to the market average.
| Beta (5Y) | 0.95 |
| 52-Week Price Change | -7.96% |
| 50-Day Moving Average | 16.71 |
| 200-Day Moving Average | 16.51 |
| Relative Strength Index (RSI) | 42.06 |
| Average Volume (20 Days) | 2,522,536 |
Short Selling Information
The latest short interest is 13.55 million, so 5.61% of the outstanding shares have been sold short.
| Short Interest | 13.55M |
| Short Previous Month | 9.94M |
| Short % of Shares Out | 5.61% |
| Short % of Float | 5.80% |
| Short Ratio (days to cover) | 4.60 |
Income Statement
In the last 12 months, IRT had revenue of $677.16 million and earned $43.48 million in profits. Earnings per share was $0.18.
| Revenue | 677.16M |
| Gross Profit | 410.89M |
| Operating Income | 123.98M |
| Pretax Income | 44.30M |
| Net Income | 43.48M |
| EBITDA | 378.19M |
| EBIT | 123.98M |
| Earnings Per Share (EPS) | $0.18 |
Balance Sheet
The company has $37.36 million in cash and $2.45 billion in debt, with a net cash position of -$2.41 billion or -$9.98 per share.
| Cash & Cash Equivalents | 37.36M |
| Total Debt | 2.45B |
| Net Cash | -2.41B |
| Net Cash Per Share | -$9.98 |
| Equity (Book Value) | 3.49B |
| Book Value Per Share | 14.28 |
| Working Capital | -97.69M |
Cash Flow
In the last 12 months, operating cash flow was $275.77 million and capital expenditures -$145.84 million, giving a free cash flow of -$3.65 million.
| Operating Cash Flow | 275.77M |
| Capital Expenditures | -145.84M |
| Depreciation & Amortization | 254.21M |
| Net Borrowing | n/a |
| Free Cash Flow | -3.65M |
| FCF Per Share | -$0.02 |
Margins
Gross margin is 60.68%, with operating and profit margins of 18.31% and 6.42%.
| Gross Margin | 60.68% |
| Operating Margin | 18.31% |
| Pretax Margin | 6.54% |
| Profit Margin | 6.42% |
| EBITDA Margin | 55.85% |
| EBIT Margin | 18.31% |
| FCF Margin | n/a |
Dividends & Yields
This stock pays an annual dividend of $0.72, which amounts to a dividend yield of 4.41%.
| Dividend Per Share | $0.72 |
| Dividend Yield | 4.41% |
| Dividend Growth (YoY) | 6.15% |
| Years of Dividend Growth | 4 |
| Payout Ratio | 401.77% |
| Buyback Yield | -3.12% |
| Shareholder Yield | 1.29% |
| Earnings Yield | 1.10% |
| FCF Yield | -0.09% |
Analyst Forecast
The average price target for IRT is $19.50, which is 19.56% higher than the current price. The consensus rating is "Buy".
| Price Target | $19.50 |
| Price Target Difference | 19.56% |
| Analyst Consensus | Buy |
| Analyst Count | 14 |
| Revenue Growth Forecast (3Y) | 2.83% |
| EPS Growth Forecast (3Y) | n/a |
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 |