NYSE:IRT Independence Realty Trust (IRT) Stock Price, News & Analysis $18.18 -0.05 (-0.25%) Closing price 06/6/2025 03:59 PM EasternExtended Trading$18.16 -0.01 (-0.06%) As of 06/6/2025 04:50 PM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsBuy This Stock About Independence Realty Trust Stock (NYSE:IRT) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get IRT alerts:Sign Up Key Stats Today's Range$18.00▼$18.4450-Day Range$17.80▼$21.4252-Week Range$17.01▼$22.26Volume1.63 million shsAverage Volume2.07 million shsMarket Capitalization$4.25 billionP/E Ratio100.97Dividend Yield3.74%Price Target$22.70Consensus RatingModerate Buy Company OverviewIndependence Realty Trust, Inc. (NYSE: IRT) is a real estate investment trust that owns and operates multifamily communities, across non-gateway U.S. markets including Atlanta, GA, Dallas, TX, Denver, CO, Columbus, OH, Indianapolis, IN, Raleigh-Durham, NC, Oklahoma City, OK, Nashville, TN, Houston, TX, and Tampa, FL. IRT's investment strategy is focused on gaining scale near major employment centers within key amenity rich submarkets that offer good school districts and high-quality retail. IRT aims to provide stockholders attractive risk-adjusted returns through diligent portfolio management, strong operational performance, and a consistent return on capital through distributions and capital appreciation.Read More… Independence Realty Trust Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks81st Percentile Overall ScoreIRT MarketRank™: Independence Realty Trust scored higher than 81% of companies evaluated by MarketBeat, and ranked 341st out of 920 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.4 / 5Analyst RatingModerate Buy Consensus RatingIndependence Realty Trust has received a consensus rating of Moderate Buy. The company's average rating score is 2.70, and is based on 7 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageIndependence Realty Trust has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Independence Realty Trust's stock forecast and price target. Earnings and Valuation0.6 / 5Proj. Earnings Growth6.72% Earnings GrowthEarnings for Independence Realty Trust are expected to grow by 6.72% in the coming year, from $1.19 to $1.27 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Independence Realty Trust is 100.97, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 24.54.Price to Earnings Ratio vs. SectorThe P/E ratio of Independence Realty Trust is 100.97, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 22.85.Price to Earnings Growth RatioIndependence Realty Trust has a PEG Ratio of 2.91. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioIndependence Realty Trust has a P/B Ratio of 1.17. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Independence Realty Trust's valuation and earnings. Short Interest2.0 / 5Short Interest LevelBearish Percentage of Shares Shorted7.97% of the float of Independence Realty Trust has been sold short.Short Interest Ratio / Days to CoverIndependence Realty Trust has a short interest ratio ("days to cover") of 9.2.Change versus previous monthShort interest in Independence Realty Trust has recently decreased by 3.94%, indicating that investor sentiment is improving. Dividend1.7 / 5Dividend StrengthWeak Dividend YieldIndependence Realty Trust pays a meaningful dividend of 3.47%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthIndependence Realty Trust has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of Independence Realty Trust is 485.71%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Independence Realty Trust will have a dividend payout ratio of 53.54% next year. This indicates that Independence Realty Trust will be able to sustain or increase its dividend.Read more about Independence Realty Trust's dividend. Sustainability and ESG2.8 / 5Environmental Score-3.54 Percentage of Shares Shorted7.97% of the float of Independence Realty Trust has been sold short.Short Interest Ratio / Days to CoverIndependence Realty Trust has a short interest ratio ("days to cover") of 9.2.Change versus previous monthShort interest in Independence Realty Trust has recently decreased by 3.94%, indicating that investor sentiment is improving. News and Social Media2.3 / 5News Sentiment1.17 News SentimentIndependence Realty Trust has a news sentiment score of 1.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 1.05 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Independence Realty Trust this week, compared to 6 articles on an average week. Company Ownership2.5 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn the past three months, Independence Realty Trust insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $241,445.00 in company stock.Percentage Held by InsidersOnly 0.58% of the stock of Independence Realty Trust is held by insiders.Percentage Held by Institutions88.25% of the stock of Independence Realty Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Independence Realty Trust's insider trading history. Receive IRT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Independence Realty Trust and its competitors with MarketBeat's FREE daily newsletter. Email Address IRT Stock News HeadlinesIndependence Realty Releases New Investor PresentationJune 2, 2025 | tipranks.comIndependence Realty Trust, Inc. (NYSE:IRT) Receives $22.70 Average PT from BrokeragesJune 1, 2025 | americanbankingnews.comUtah’s New Oil FindThe Real Reason 218,000 Acres Just Vanished The government just quietly leased 218,000 acres in the middle of the Utah's Black Desert. Why? Not for oil discovery. Or uranium or solar. Instead, what’s happening beneath this patch of sand is the discovery of a new kind of energy. Google, Buffett, and a even tech billionaires like Gates, Bezos, and Zuckerberg are grabbing a stake.June 7, 2025 | Stansberry Research (Ad)Independence Realty Trust Boosts Dividend by 6.3% for Q2 2025!May 21, 2025 | msn.comIndependence Realty Trust Raises Quarterly Dividend By About 6%May 15, 2025 | marketwatch.comCompass Point Downgrades Independence Realty Trust (IRT)May 13, 2025 | msn.comIndependence Realty Trust Reports Gains in Q1 2025 PerformanceMay 8, 2025 | msn.comIndependence Realty Releases Investor Presentation May 2025May 5, 2025 | tipranks.comSee More Headlines IRT Stock Analysis - Frequently Asked Questions How have IRT shares performed this year? Independence Realty Trust's stock was trading at $19.84 at the start of the year. Since then, IRT stock has decreased by 8.4% and is now trading at $18.1750. View the best growth stocks for 2025 here. How were Independence Realty Trust's earnings last quarter? Independence Realty Trust, Inc. (NYSE:IRT) announced its quarterly earnings results on Wednesday, April, 30th. The real estate investment trust reported $0.27 EPS for the quarter, missing the consensus estimate of $0.28 by $0.01. The company's revenue was up .4% on a year-over-year basis. Read the conference call transcript. Who are Independence Realty Trust's major shareholders? Independence Realty Trust's top institutional investors include Vanguard Group Inc. (14.03%), T. Rowe Price Investment Management Inc. (6.08%), Wellington Management Group LLP (5.80%) and Alliancebernstein L.P. (3.90%). Insiders that own company stock include Scott Schaeffer and Richard D Gebert. View institutional ownership trends. How do I buy shares of Independence Realty Trust? Shares of IRT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. What other stocks do shareholders of Independence Realty Trust own? Based on aggregate information from My MarketBeat watchlists, some other companies that Independence Realty Trust investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Netflix (NFLX), JPMorgan Chase & Co. (JPM), Tesla (TSLA) and Home Depot (HD). Company Calendar Record date for 4/21 Dividend3/28/2025Ex-Dividend for 4/21 Dividend3/28/2025Dividend Payable4/21/2025Last Earnings4/30/2025Today6/07/2025Record date for 7/18 Dividend6/27/2025Ex-Dividend for 7/18 Dividend6/27/2025Dividend Payable7/18/2025Next Earnings (Estimated)7/30/2025Fiscal Year End12/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryTrading Current SymbolNYSE:IRT CIK1466085 Webwww.irtliving.com Phone(267) 270-4800FaxN/AEmployees920Year FoundedN/APrice Target and Rating Average Stock Price Target$22.70 High Stock Price Target$25.00 Low Stock Price Target$21.00 Potential Upside/Downside+24.9%Consensus RatingModerate Buy Rating Score (0-4)2.70 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$0.14 Trailing P/E Ratio100.97 Forward P/E Ratio15.27 P/E Growth2.91Net Income$39.29 million Net Margins6.15% Pretax Margin6.25% Return on Equity1.11% Return on Assets0.66% Debt Debt-to-Equity Ratio0.64 Current RatioN/A Quick RatioN/A Sales & Book Value Annual Sales$640.74 million Price / Sales6.63 Cash Flow$1.02 per share Price / Cash Flow17.76 Book Value$15.48 per share Price / Book1.17Miscellaneous Outstanding Shares233,785,000Free Float229,575,000Market Cap$4.25 billion OptionableOptionable Beta0.98 The Best Nuclear Energy Stocks to BuyNuclear energy stocks are roaring. 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