Positive News SentimentPositive NewsNYSE:IRT Independence Realty Trust (IRT) Stock Price, News & Analysis $17.77 +0.06 (+0.31%) As of 03:02 PM Eastern This is a fair market value 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$17.55▼$17.8250-Day Range$16.70▼$17.9052-Week Range$16.59▼$22.26Volume805,622 shsAverage Volume2.20 million shsMarket Capitalization$4.16 billionP/E Ratio148.13Dividend Yield3.83%Price Target$22.11Consensus RatingModerate Buy Company Overview Independence 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™ Stocks85th Percentile Overall ScoreIRT MarketRank™: Independence Realty Trust scored higher than 85% of companies evaluated by MarketBeat, and ranked 208th out of 934 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 2.78, and is based on 7 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageIndependence Realty Trust has only been the subject of 4 research reports in the past 90 days.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 147.13, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 28.62.Price to Earnings Ratio vs. SectorThe P/E ratio of Independence Realty Trust is 147.13, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 19.41.Price to Earnings Growth RatioIndependence Realty Trust has a PEG Ratio of 2.40. 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 1.16. 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 Interest1.0 / 5Short Interest LevelBearish Percentage of Shares Shorted9.30% 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 8.8.Change versus previous monthShort interest in Independence Realty Trust has recently increased by 1.74%, indicating that investor sentiment is decreasing. Dividend2.5 / 5Dividend StrengthModerate Dividend LeadershipIndependence Realty Trust is a leading dividend payer. It pays a dividend yield of 3.90%, 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 566.67%. 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 Shorted9.30% 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 8.8.Change versus previous monthShort interest in Independence Realty Trust has recently increased by 1.74%, indicating that investor sentiment is decreasing. News and Social Media3.1 / 5News Sentiment1.55 News SentimentIndependence Realty Trust has a news sentiment score of 1.55. 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 1.17 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 14 news articles for Independence Realty Trust this week, compared to 6 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 0% compared to the previous 30 days. 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 $26,440.00 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. Submit View SMS TermsBy entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy. IRT Stock News HeadlinesIndependence Realty Trust: Data-Driven Approach To Real EstateAugust 20, 2025 | seekingalpha.comCitizens JMP Reiterates a Market Outperform Rating on Independence Realty Trust (IRT)August 13, 2025 | msn.com“Sell Nvidia before earnings”Eric Fry just went live with one of his most controversial calls yet: “Sell Nvidia.” While Wall Street has been chasing the AI giant, Eric says its biggest customers are now its biggest competitors — and that could spell trouble ahead. Instead, he’s urging investors to consider a little-known hardware company that’s already starting to take off. In fact, while Nvidia has slipped over the past 30 days, this “off-the-radar” stock is up 18% — and Eric believes the run is just beginning.August 28 at 2:00 AM | InvestorPlace (Ad)Independence Realty Trust price target lowered to $20 from $22 at BarclaysAugust 12, 2025 | msn.comIndependence Realty Trust (IRT) Traded Down in Q2 Due to Economic ConcernsAugust 4, 2025 | msn.comCompass Point Upgrades Independence Realty Trust (IRT)August 2, 2025 | msn.comAnalysts Have Conflicting Sentiments on These Real Estate Companies: Ventas (VTR), Independence Realty (IRT) and Whitestone REIT (WSR)August 2, 2025 | theglobeandmail.comDecoding Independence Realty Trust Inc (IRT): A Strategic SWOT InsightAugust 2, 2025 | gurufocus.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 beginning of 2025. Since then, IRT shares have decreased by 11.0% and is now trading at $17.6650. How were Independence Realty Trust's earnings last quarter? Independence Realty Trust, Inc. (NYSE:IRT) announced its quarterly earnings results on Wednesday, July, 30th. The real estate investment trust reported $0.28 earnings per share for the quarter, meeting the consensus estimate of $0.28. The real estate investment trust had revenue of $161.89 million for the quarter, compared to the consensus estimate of $164.78 million. Independence Realty Trust had a net margin of 4.31% and a trailing twelve-month return on equity of 0.78%. Read the conference call transcript. Who are Independence Realty Trust's major shareholders? Top institutional shareholders of Independence Realty Trust include State Street Corp (5.47%), Alliancebernstein L.P. (3.91%), Jennison Associates LLC (2.96%) and Geode Capital Management LLC (2.65%). 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 7/18 Dividend6/27/2025Ex-Dividend for 7/18 Dividend6/27/2025Dividend Payable7/18/2025Last Earnings7/30/2025Today8/28/2025Next Earnings (Estimated)10/29/2025Fiscal Year End12/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry REIT - EQTY TRUST - RESID Sub-IndustryTrading Current SymbolNYSE:IRT CIK1466085 Webwww.irtliving.com Phone(267) 270-4800FaxN/AEmployees920Year FoundedN/APrice Target and Rating Average Price Target for Independence Realty Trust$22.11 High Price Target$25.00 Low Price Target$20.00 Potential Upside/Downside+24.6%Consensus RatingModerate Buy Rating Score (0-4)2.78 Research Coverage9 Analysts Profitability EPS (Trailing Twelve Months)$0.12 Trailing P/E Ratio147.88 Forward P/E Ratio14.91 P/E Growth2.4Net Income$39.29 million Net Margins4.31% Pretax Margin4.38% Return on Equity0.78% Return on Assets0.46% Debt Debt-to-Equity Ratio0.63 Current RatioN/A Quick RatioN/A Sales & Book Value Annual Sales$644.53 million Price / Sales6.44 Cash Flow$1.19 per share Price / Cash Flow14.91 Book Value$15.19 per share Price / Book1.17Miscellaneous Outstanding Shares233,817,000Free Float232,461,000Market Cap$4.15 billion OptionableOptionable Beta0.94 5G Stocks: The Path Forward is ProfitableEnter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. 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