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Independence Realty Trust (IRT) Competitors

$17.33
-0.01 (-0.06%)
(As of 06/7/2024 ET)

IRT vs. SUI, DOC, AMH, KIM, UDR, HST, WPC, GLPI, LAMR, and ELS

Should you be buying Independence Realty Trust stock or one of its competitors? The main competitors of Independence Realty Trust include Sun Communities (SUI), Healthpeak Properties (DOC), American Homes 4 Rent (AMH), Kimco Realty (KIM), UDR (UDR), Host Hotels & Resorts (HST), W. P. Carey (WPC), Gaming and Leisure Properties (GLPI), Lamar Advertising (LAMR), and Equity LifeStyle Properties (ELS). These companies are all part of the "real estate investment trusts" industry.

Independence Realty Trust vs.

Sun Communities (NYSE:SUI) and Independence Realty Trust (NYSE:IRT) are both finance companies, but which is the superior investment? We will contrast the two companies based on the strength of their earnings, risk, profitability, media sentiment, valuation, dividends, institutional ownership, community ranking and analyst recommendations.

Sun Communities received 35 more outperform votes than Independence Realty Trust when rated by MarketBeat users. Likewise, 61.37% of users gave Sun Communities an outperform vote while only 60.85% of users gave Independence Realty Trust an outperform vote.

CompanyUnderperformOutperform
Sun CommunitiesOutperform Votes
394
61.37%
Underperform Votes
248
38.63%
Independence Realty TrustOutperform Votes
359
60.85%
Underperform Votes
231
39.15%

Sun Communities currently has a consensus target price of $136.27, suggesting a potential upside of 17.97%. Independence Realty Trust has a consensus target price of $17.00, suggesting a potential downside of 1.90%. Given Independence Realty Trust's higher probable upside, equities analysts clearly believe Sun Communities is more favorable than Independence Realty Trust.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Sun Communities
0 Sell rating(s)
5 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.55
Independence Realty Trust
1 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.60

99.6% of Sun Communities shares are owned by institutional investors. Comparatively, 88.3% of Independence Realty Trust shares are owned by institutional investors. 1.9% of Sun Communities shares are owned by insiders. Comparatively, 0.6% of Independence Realty Trust shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Independence Realty Trust has lower revenue, but higher earnings than Sun Communities. Independence Realty Trust is trading at a lower price-to-earnings ratio than Sun Communities, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Sun Communities$3.22B4.46-$201M$1.1699.58
Independence Realty Trust$660.98M5.90-$17.23M-$0.03-577.47

Sun Communities has a net margin of 4.46% compared to Sun Communities' net margin of -1.26%. Independence Realty Trust's return on equity of 1.87% beat Sun Communities' return on equity.

Company Net Margins Return on Equity Return on Assets
Sun Communities4.46% 1.87% 0.84%
Independence Realty Trust -1.26%-0.23%-0.13%

In the previous week, Sun Communities had 6 more articles in the media than Independence Realty Trust. MarketBeat recorded 9 mentions for Sun Communities and 3 mentions for Independence Realty Trust. Independence Realty Trust's average media sentiment score of 1.30 beat Sun Communities' score of 1.22 indicating that Sun Communities is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Sun Communities
6 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Independence Realty Trust
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Sun Communities pays an annual dividend of $3.76 per share and has a dividend yield of 3.3%. Independence Realty Trust pays an annual dividend of $0.64 per share and has a dividend yield of 3.7%. Sun Communities pays out 324.1% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Independence Realty Trust pays out -2,132.6% of its earnings in the form of a dividend. Sun Communities has increased its dividend for 8 consecutive years and Independence Realty Trust has increased its dividend for 2 consecutive years. Independence Realty Trust is clearly the better dividend stock, given its higher yield and lower payout ratio.

Sun Communities has a beta of 0.87, suggesting that its stock price is 13% less volatile than the S&P 500. Comparatively, Independence Realty Trust has a beta of 1.12, suggesting that its stock price is 12% more volatile than the S&P 500.

Summary

Sun Communities beats Independence Realty Trust on 15 of the 21 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding IRT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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IRT vs. The Competition

MetricIndependence Realty TrustReal estate investment trusts IndustryFinance SectorNYSE Exchange
Market Cap$3.90B$6.62B$9.78B$17.92B
Dividend Yield3.69%6.95%6.21%3.57%
P/E Ratio-577.4732.2340.2722.82
Price / Sales5.906.243,400.0014.28
Price / Cash18.9916.8714.7119.35
Price / Book1.092.272.354.99
Net Income-$17.23M$151.15M$1.02B$975.94M
7 Day Performance3.77%-0.30%-0.77%-1.87%
1 Month Performance2.42%-0.70%-0.55%-1.65%
1 Year Performance-5.51%-2.82%9.56%9.19%

Independence Realty Trust Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SUI
Sun Communities
4.7003 of 5 stars
$118.16
+1.2%
$136.27
+15.3%
-12.0%$14.73B$3.22B101.866,780Dividend Announcement
Positive News
DOC
Healthpeak Properties
4.0694 of 5 stars
$19.87
+0.5%
$19.41
-2.3%
+33.5%$13.98B$2.18B56.77193News Coverage
AMH
American Homes 4 Rent
4.6555 of 5 stars
$36.24
+0.7%
$39.64
+9.4%
+1.0%$13.28B$1.62B36.981,725Positive News
KIM
Kimco Realty
4.8721 of 5 stars
$19.34
-1.0%
$21.52
+11.3%
-2.2%$13.04B$1.78B36.49N/APositive News
UDR
UDR
4.161 of 5 stars
$39.27
+1.1%
$40.65
+3.5%
-5.7%$12.93B$1.63B28.461,410Positive News
HST
Host Hotels & Resorts
4.3085 of 5 stars
$18.17
+0.1%
$21.36
+17.5%
-0.1%$12.81B$5.31B17.81163Positive News
WPC
W. P. Carey
4.0955 of 5 stars
$57.01
+1.4%
$62.58
+9.8%
-20.6%$12.47B$1.74B21.68197
GLPI
Gaming and Leisure Properties
4.8166 of 5 stars
$44.96
-0.1%
$51.31
+14.1%
-12.8%$12.21B$1.44B16.5918Analyst Upgrade
News Coverage
Positive News
LAMR
Lamar Advertising
3.5916 of 5 stars
$117.00
-0.1%
$109.50
-6.4%
+25.3%$11.96B$2.11B24.023,550Positive News
ELS
Equity LifeStyle Properties
4.2432 of 5 stars
$63.91
+1.1%
$68.85
+7.7%
-4.2%$11.92B$1.49B34.924,000Positive News

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This page (NYSE:IRT) was last updated on 6/9/2024 by MarketBeat.com Staff

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