Independence Realty Trust Statistics
Total Valuation
IRT has a market cap or net worth of $4.02 billion. The enterprise value is $6.42 billion.
| Market Cap | 4.02B |
| Enterprise Value | 6.42B |
Important Dates
The next estimated earnings date is Wednesday, July 29, 2026, after market close.
| Earnings Date | Jul 29, 2026 |
| Ex-Dividend Date | Jun 26, 2026 |
Share Statistics
IRT has 241.22 million shares outstanding. The number of shares has increased by 3.81% in one year.
| Current Share Class | 235.28M |
| Shares Outstanding | 241.22M |
| Shares Change (YoY) | +3.81% |
| Shares Change (QoQ) | -0.86% |
| Owned by Insiders (%) | 0.74% |
| Owned by Institutions (%) | 99.15% |
| Float | 233.46M |
Valuation Ratios
The trailing PE ratio is 83.67 and the forward PE ratio is 111.58. IRT's PEG ratio is 18.60.
| Price/FFO Ratio | 14.19 |
| Price/AFFO Ratio | n/a |
| PE Ratio | 83.67 |
| Forward PE | 111.58 |
| PS Ratio | 5.98 |
| Forward PS | 5.93 |
| PB Ratio | 1.16 |
| P/TBV Ratio | 1.19 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 14.51 |
| PEG Ratio | 18.60 |
Enterprise Valuation
| EV / Earnings | 133.43 |
| EV / Sales | 9.55 |
| EV / EBITDA | 16.96 |
| EV / EBIT | 50.72 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.50, with a Debt / Equity ratio of 0.69.
| Current Ratio | 0.50 |
| Quick Ratio | 0.13 |
| Debt / Equity | 0.69 |
| Debt / EBITDA | 6.42 |
| Debt / FCF | n/a |
| Interest Coverage | 1.58 |
Financial Efficiency
Return on equity (ROE) is 1.38% and return on invested capital (ROIC) is 1.34%.
| Return on Equity (ROE) | 1.38% |
| Return on Assets (ROA) | 1.31% |
| Return on Invested Capital (ROIC) | 1.34% |
| Return on Capital Employed (ROCE) | 2.17% |
| Weighted Average Cost of Capital (WACC) | 6.95% |
| Revenue Per Employee | $743,788 |
| Profits Per Employee | $53,248 |
| 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 -8.31% in the last 52 weeks. The beta is 0.97, so IRT's price volatility has been similar to the market average.
| Beta (5Y) | 0.97 |
| 52-Week Price Change | -8.31% |
| 50-Day Moving Average | 16.00 |
| 200-Day Moving Average | 16.51 |
| Relative Strength Index (RSI) | 58.44 |
| Average Volume (20 Days) | 2,684,583 |
Short Selling Information
The latest short interest is 10.16 million, so 4.21% of the outstanding shares have been sold short.
| Short Interest | 10.16M |
| Short Previous Month | 11.10M |
| Short % of Shares Out | 4.21% |
| Short % of Float | 4.35% |
| Short Ratio (days to cover) | 4.45 |
Income Statement
In the last 12 months, IRT had revenue of $672.38 million and earned $48.14 million in profits. Earnings per share was $0.20.
| Revenue | 672.38M |
| Gross Profit | 408.86M |
| Operating Income | 126.63M |
| Pretax Income | 49.05M |
| Net Income | 48.14M |
| EBITDA | 378.80M |
| EBIT | 126.63M |
| Earnings Per Share (EPS) | $0.20 |
Balance Sheet
The company has $34.93 million in cash and $2.44 billion in debt, with a net cash position of -$2.40 billion or -$9.96 per share.
| Cash & Cash Equivalents | 34.93M |
| Total Debt | 2.44B |
| Net Cash | -2.40B |
| Net Cash Per Share | -$9.96 |
| Equity (Book Value) | 3.52B |
| Book Value Per Share | 14.42 |
| Working Capital | -134.14M |
Cash Flow
| Operating Cash Flow | 277.10M |
| Capital Expenditures | -137.79M |
| Depreciation & Amortization | 249.15M |
| Net Borrowing | n/a |
| Free Cash Flow | n/a |
| FCF Per Share | n/a |
Margins
Gross margin is 60.81%, with operating and profit margins of 18.83% and 7.16%.
| Gross Margin | 60.81% |
| Operating Margin | 18.83% |
| Pretax Margin | 7.30% |
| Profit Margin | 7.16% |
| EBITDA Margin | 56.34% |
| EBIT Margin | 18.83% |
| FCF Margin | n/a |
Dividends & Yields
This stock pays an annual dividend of $0.68, which amounts to a dividend yield of 4.08%.
| Dividend Per Share | $0.68 |
| Dividend Yield | 4.08% |
| Dividend Growth (YoY) | 6.15% |
| Years of Dividend Growth | 4 |
| Payout Ratio | 346.33% |
| Buyback Yield | -3.81% |
| Shareholder Yield | 0.26% |
| Earnings Yield | 1.20% |
| FCF Yield | n/a |
Analyst Forecast
The average price target for IRT is $19.14, which is 14.82% higher than the current price. The consensus rating is "Buy".
| Price Target | $19.14 |
| Price Target Difference | 14.82% |
| Analyst Consensus | Buy |
| Analyst Count | 14 |
| Revenue Growth Forecast (3Y) | 2.69% |
| 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 | 6 |