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Independence Realty Trust (IRT) Stock Price, News & Analysis

Independence Realty Trust logo
$16.57 +0.14 (+0.82%)
As of 10:30 AM Eastern
This is a fair market value price provided by Massive. Learn more.

About Independence Realty Trust Stock (NYSE:IRT)

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Key Stats

Today's Range
$16.39
$16.62
50-Day Range
$14.78
$16.90
52-Week Range
$14.60
$19.61
Volume
135,949 shs
Average Volume
2.66 million shs
Market Capitalization
$3.90 billion
P/E Ratio
82.83
Dividend Yield
4.11%
Price Target
$20.06
Consensus Rating
Hold

Company Overview

Independence Realty Trust Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
78th Percentile Overall Score

IRT MarketRank™: 

Independence Realty Trust scored higher than 78% of companies evaluated by MarketBeat, and ranked 350th out of 875 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Independence Realty Trust has received a consensus rating of Hold. The company's average rating score is 2.45, and is based on no strong buy ratings, 6 buy ratings, 4 hold ratings, and 1 sell rating.

  • Upside Potential

    Independence Realty Trust has a consensus price target of $20.06, representing about 22.2% upside from its current price of $16.42.

  • Amount of Analyst Coverage

    Independence 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 Growth

    Earnings for Independence Realty Trust are expected to grow by 5.26% in the coming year, from $1.14 to $1.20 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Independence Realty Trust is 82.08, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 38.44.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Independence Realty Trust is 82.08, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 23.35.

  • Price to Earnings Growth Ratio

    Independence Realty Trust has a PEG Ratio of 1.83. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Independence Realty Trust has a P/B Ratio of 1.09. 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.
  • Percentage of Shares Shorted

    4.74% of the float of Independence Realty Trust has been sold short.
  • Short Interest Ratio / Days to Cover

    Independence Realty Trust has a short interest ratio ("days to cover") of 5.42.
  • Change versus previous month

    Short interest in Independence Realty Trust has recently increased by 17.03%, indicating that investor sentiment is decreasing significantly.
  • Dividend Leadership

    Independence Realty Trust is a leading dividend payer. It pays a dividend yield of 4.15%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Independence Realty Trust has only been increasing its dividend for 3 years.

  • Dividend Coverage

    The dividend payout ratio of Independence Realty Trust is 340.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on earnings estimates, Independence Realty Trust will have a dividend payout ratio of 56.67% 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 Sentiment

    Independence Realty Trust has a news sentiment score of 1.58. 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 0.70 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for Independence Realty Trust this week, compared to 2 articles on an average week.
  • Search Interest

    4 people have searched for IRT on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In 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 $15,590.00 in company stock.

  • Percentage Held by Insiders

    0.69% of the stock of Independence Realty Trust is held by insiders.

  • Percentage Held by Institutions

    88.25% 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.
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IRT Stock News Headlines

Ticker Revealed: Pre-IPO Access to "Next Elon Musk" Company
We’ve found The Next Elon Musk… and what we believe to be the next Tesla. It’s already racked up $26 billion in government contracts. Peter Thiel just bet $1 Billion on it.tc pixel
Independence Realty Trust: Patience Is Key
See More Headlines

IRT Stock Analysis - Frequently Asked Questions

Independence Realty Trust's stock was trading at $17.49 at the beginning of 2026. Since then, IRT stock has decreased by 6.1% and is now trading at $16.4150.

Independence Realty Trust, Inc. (NYSE:IRT) announced its quarterly earnings data on Wednesday, April, 29th. The real estate investment trust reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.23. Independence Realty Trust's quarterly revenue was up 2.7% compared to the same quarter last year.
Read the conference call transcript
.

Independence Realty Trust (IRT) raised $42 million in an initial public offering (IPO) on the week of July 31st 2017. The company issued 4,000,000 shares at a price of $10.00-$11.00 per share.

Top institutional investors of Independence Realty Trust include Dimensional Fund Advisors LP (1.47%), Jennison Associates LLC (1.34%), Bank of New York Mellon Corp (0.84%) and Hsbc Holdings PLC (0.24%). Insiders that own company stock include Scott Schaeffer and Richard D Gebert.
View institutional ownership trends
.

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.

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 4/17 Dividend
3/27/2026
Ex-Dividend for 4/17 Dividend
3/27/2026
Dividend Payable
4/17/2026
Last Earnings
4/29/2026
Today
5/11/2026
Next Earnings (Estimated)
7/29/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NYSE
Sector
Finance
Industry
REIT - EQTY TRUST - RESID
Sub-Industry
Trading
Current Symbol
NYSE:IRT
CIK
1466085
Fax
N/A
Employees
920
Year Founded
2009

Price Target and Rating

High Price Target
$24.00
Low Price Target
$18.00
Potential Upside/Downside
+21.6%
Consensus Rating
Hold
Rating Score (0-4)
2.45
Research Coverage
11 Analysts

Profitability

EPS (Trailing Twelve Months)
$0.20
Trailing P/E Ratio
82.21
Forward P/E Ratio
14.47
P/E Growth
1.83
Net Income
$56.56 million
Net Margins
7.27%
Pretax Margin
7.41%
Return on Equity
1.35%
Return on Assets
0.80%

Debt

Debt-to-Equity Ratio
0.69
Current Ratio
N/A
Quick Ratio
N/A

Sales & Book Value

Annual Sales
$661.78 million
Price / Sales
5.88
Cash Flow
$1.27 per share
Price / Cash Flow
12.95
Book Value
$15.01 per share
Price / Book
1.10

Miscellaneous

Outstanding Shares
235,715,000
Free Float
234,089,000
Market Cap
$3.89 billion
Optionable
Optionable
Beta
0.98

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This page (NYSE:IRT) was last updated on 5/11/2026 by MarketBeat.com Staff.
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