NYSE:IRT Independence Realty Trust (IRT) Stock Price, News & Analysis $15.36 +0.17 (+1.11%) Closing price 03:59 PM EasternExtended Trading$15.38 +0.02 (+0.11%) As of 06:39 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 Massive. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsInsider TradesNews and TrendsOptions ChainOwnershipSEC FilingsShort Interest About Independence Realty Trust Stock (NYSE:IRT) View Price History Chart DataSkip Price History Chart 1 Day 5 Days 30 Days 90 Days 1 Year Advanced 1 Day 1 Day 5 Days 30 Days 90 Days 1 Year Advanced Show volume Show extended hours Get IRT alerts:Sign Up Key Stats Today's Range$15.02▼$15.3850-Day Range$15.21▼$17.3952-Week Range$14.60▼$17.79Volume4.23 million shsAverage Volume2.81 million shsMarket Capitalization$3.62 billionP/E Ratio85.33Dividend Yield4.69%Price Target$19.83Consensus RatingModerate Buy Company Overview Independence Realty Trust, Inc. is a self-administered and self-managed real estate investment trust that owns, operates and acquires multifamily apartment communities. The company generates revenue primarily from residential rents and related fees, while focusing on providing housing in markets with favorable population and employment trends. Independence Realty Trust’s portfolio is concentrated primarily in the Sun Belt and other high-growth regions of the United States. Its communities serve a range of renters and typically include amenities such as swimming pools, fitness centers, clubhouses and outdoor recreation areas. The company also invests in property improvements and operational initiatives intended to enhance resident experience and asset performance. Founded in 2009, Independence Realty Trust became a publicly traded company in 2013. The company expanded its apartment portfolio through acquisitions, including its combination with Steadfast Apartment REIT in 2022. Independence Realty Trust is headquartered in Philadelphia and has been led by Scott Schaeffer, who serves as president and chief executive officer.AI Generated. May Contain Errors. Read More Independence Realty Trust Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks79th Percentile Overall ScoreIRT MarketRank™: Independence Realty Trust scored higher than 79% of companies evaluated by MarketBeat, and ranked 22nd out of 184 stocks in the real estate sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion4.4 / 5Analyst RatingModerate Buy Consensus RatingIndependence Realty Trust has received a consensus rating of Moderate Buy. The company's average rating score is 2.77, and is based on 1 strong buy rating, 8 buy ratings, 4 hold ratings, and no sell ratings.Upside PotentialIndependence Realty Trust has a consensus price target of $19.83, representing about 29.1% upside from its current price of $15.36.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 Growth2.63% Earnings GrowthEarnings for Independence Realty Trust are expected to grow by 2.63% in the coming year, from $1.14 to $1.17 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Independence Realty Trust is 85.33, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 39.11.Price to Earnings Ratio vs. SectorThe P/E ratio of Independence Realty Trust is 85.33, which means that it is trading at a more expensive P/E ratio than the Real Estate sector average P/E ratio of about 28.21.Price to Book Value per Share RatioIndependence Realty Trust has a P/B Ratio of 1.02. 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 Shorted5.60% 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 6.63.Change versus previous monthShort interest in Independence Realty Trust has recently decreased by 3.29%, indicating that investor sentiment is improving. Dividend2.5 / 5Dividend StrengthModerate Dividend LeadershipIndependence Realty Trust is a leading dividend payer. It pays a dividend yield of 4.74%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthIndependence Realty Trust has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of Independence Realty Trust is 400.00%. 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 61.54% 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. News and Social Media3.2 / 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 0.85 average news sentiment score of Real Estate companies.News Coverage This WeekMarketBeat has tracked 27 news articles for Independence Realty Trust this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for IRT on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Company Ownership0.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Independence Realty Trust insiders have not sold or bought any company stock.Percentage Held by Insiders0.69% 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. 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IRT Stock News HeadlinesCitizens Jmp Reiterates Market Outperform Rating for Independence Realty Trust (NYSE:IRT)September 12 at 2:18 AM | americanbankingnews.comIndependence Realty Trust (NYSE:IRT) Sees Large Volume Increase After Dividend AnnouncementSeptember 11 at 1:21 AM | americanbankingnews.comHow options let you do more with less capitalWould you rather spend $5,000 buying 100 shares of a $50 stock, or control those same 100 shares for a fraction of the cost? That's the core advantage options offer traders at every level. The Beginner's Guide to Options breaks down leverage, income strategies, and real trade examples in plain English — including a little-known approach many traders use to reduce costs and improve profit potential. Download your free copy before this offer expires.September 14 at 1:00 AM | Base Camp Trading (Ad)Centerspace Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Centerspace - CSRSeptember 10, 2026 | businesswire.comIs Independence Realty Trust Inc (IRT) a Bargain After 4.3% Drop? GF Value Says UndervaluedSeptember 9, 2026 | gurufocus.comIndependence Realty Trust and Centerspace to merge in $8.1 billion dealSeptember 9, 2026 | marketscreener.comMWhy Independence Realty Trust Stock Sank TodaySeptember 9, 2026 | fool.comIndependence Realty Trust To Merge With Centerspace In All-Stock DealSeptember 9, 2026 | rttnews.comSee More Headlines IRT Stock Analysis - Frequently Asked Questions How have IRT shares performed this year? Independence Realty Trust's stock was trading at $17.49 on January 1st, 2026. Since then, IRT shares have decreased by 12.2% and is now trading at $15.3590. How were Independence Realty Trust's earnings last quarter? Independence Realty Trust, Inc. (NYSE:IRT) issued its quarterly earnings results on Monday, August, 3rd. The real estate investment trust reported $0.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.27 by $0.26. The business's revenue for the quarter was up 3.2% on a year-over-year basis. Read the conference call transcript. When did Independence Realty Trust IPO? Independence Realty Trust (IRT) raised $42 million in an initial public offering on the week of July 31st 2017. The company issued 4,000,000 shares at $10.00-$11.00 per share. Who are Independence Realty Trust's major shareholders? Independence Realty Trust's top institutional shareholders include BlackRock Inc. (15.30%), California State Teachers Retirement System (1.92%), Bank of America Corp DE (0.91%) and Bank of New York Mellon Corp (0.84%). 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 7/17 Dividend6/26/2026Ex-Dividend for 7/17 Dividend6/26/2026Dividend Payable7/17/2026Last Earnings8/03/2026Today9/14/2026Record date for 10/23 Dividend9/30/2026Ex-Dividend for 10/23 Dividend9/30/2026Dividend Payable10/23/2026Next Earnings (Estimated)11/04/2026Fiscal Year End12/31/2026Get Stock Alerts Health Indicator TradeSmith's Health IndicatorA long-term volatility-based measure designed for securities held 12 months or longer.Green: Strong and healthy uptrend with normal pullbacks.Yellow: Significant pullback but still within expected volatility.Red: Dropped beyond expected volatility; considered unhealthy. Red Zone (13m+) 1-Year History Sep 25 Dec 25 Mar 26 Jun 26 Sep 26 IRT's financial health is in the Red zone, according to TradeSmith. IRT has been in this zone for over 13 months. Industry, Sector and Symbol Stock ExchangeNYSE SectorReal Estate Industry Residential REITs Sub-IndustryMulti-Family Residential REITs Current SymbolNYSE:IRT CIK1466085 Webwww.irtliving.com Phone(267) 270-4800FaxN/AEmployees904Year Founded2009Price Target and Rating Average Price Target for Independence Realty Trust$19.83 High Price Target$22.00 Low Price Target$18.00 Potential Upside/Downside+29.1%Consensus RatingModerate Buy Rating Score (0-4)2.77 Research Coverage13 Analysts Profitability EPS (Trailing Twelve Months)$0.18 Trailing P/E Ratio85.33 Forward P/E Ratio13.47 P/E GrowthN/ANet Income$56.56 million Net Margins6.52% Pretax Margin6.64% Return on Equity1.22% Return on Assets0.72% Debt Debt-to-Equity Ratio0.70 Current RatioN/A Quick RatioN/A Sales & Book Value Annual Sales$666.83 million Price / Sales5.43 Cash Flow$1.28 per share Price / Cash Flow11.97 Book Value$15.01 per share Price / Book1.02Miscellaneous Outstanding Shares235,745,000Free Float234,118,000Market Cap$3.62 billion OptionableOptionable Beta0.93 Social Links 7 Stocks That Will Be Magnificent in 2026Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2026. 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