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NYSE:IRT

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

Independence Realty Trust logo
$16.75 -0.02 (-0.12%)
Closing price 08/1/2025 03:59 PM Eastern
Extended Trading
$16.76 +0.00 (+0.03%)
As of 08/1/2025 04:10 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.

About Independence Realty Trust Stock (NYSE:IRT)

Key Stats

Today's Range
$16.59
$17.60
50-Day Range
$16.75
$18.61
52-Week Range
$16.59
$22.26
Volume
3.11 million shs
Average Volume
2.42 million shs
Market Capitalization
$3.92 billion
P/E Ratio
139.58
Dividend Yield
4.06%
Price Target
$22.60
Consensus Rating
Moderate Buy

Company Overview

Independence Realty Trust Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
84th Percentile Overall Score

IRT MarketRank™: 

Independence Realty Trust scored higher than 84% of companies evaluated by MarketBeat, and ranked 282nd out of 919 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 Moderate Buy. The company's average rating score is 2.80, and is based on 8 buy ratings, 2 hold ratings, and no sell ratings.

  • 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 6.72% in the coming year, from $1.19 to $1.27 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Independence Realty Trust is 139.58, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 28.11.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Independence Realty Trust is 139.58, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 19.75.

  • Price to Earnings Growth Ratio

    Independence Realty Trust has a PEG Ratio of 2.31. 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 1.10. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    9.09% of the outstanding shares of Independence Realty Trust have been sold short.
  • Short Interest Ratio / Days to Cover

    Independence Realty Trust has a short interest ratio ("days to cover") of 9.3.
  • Change versus previous month

    Short interest in Independence Realty Trust has recently increased by 11.54%, indicating that investor sentiment is decreasing significantly.
  • Dividend Leadership

    Independence Realty Trust is a leading dividend payer. It pays a dividend yield of 4.05%, 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 566.67%. 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 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.
  • Percentage of Shares Shorted

    9.09% of the outstanding shares of Independence Realty Trust have been sold short.
  • Short Interest Ratio / Days to Cover

    Independence Realty Trust has a short interest ratio ("days to cover") of 9.3.
  • Change versus previous month

    Short interest in Independence Realty Trust has recently increased by 11.54%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Independence Realty Trust has a news sentiment score of 1.03. 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 14 news articles for Independence Realty Trust this week, compared to 6 articles on an average week.
  • Search Interest

    1 people have searched for IRT on MarketBeat in the last 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 $26,440.00 in company stock.

  • Percentage Held by Insiders

    Only 0.58% 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

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IRT Stock Analysis - Frequently Asked Questions

Independence Realty Trust's stock was trading at $19.84 on January 1st, 2025. Since then, IRT stock has decreased by 15.6% and is now trading at $16.75.

Independence Realty Trust, Inc. (NYSE:IRT) released its quarterly earnings results on Wednesday, July, 30th. The real estate investment trust reported $0.28 EPS 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
.

Top institutional shareholders of Independence Realty Trust include Jennison Associates LLC (2.96%), Easterly Investment Partners LLC (0.31%), Blair William & Co. IL (0.29%) and Asset Management One Co. Ltd. (0.15%). 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 7/18 Dividend
6/27/2025
Ex-Dividend for 7/18 Dividend
6/27/2025
Dividend Payable
7/18/2025
Last Earnings
7/30/2025
Today
8/02/2025
Fiscal Year End
12/31/2025

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
N/A

Price Target and Rating

High Price Target
$25.00
Low Price Target
$21.00
Potential Upside/Downside
+34.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
10 Analysts

Profitability

EPS (Trailing Twelve Months)
$0.12
Trailing P/E Ratio
139.58
Forward P/E Ratio
14.08
P/E Growth
2.31
Net Income
$39.29 million
Net Margins
4.31%
Pretax Margin
4.38%
Return on Equity
0.78%
Return on Assets
0.46%

Debt

Debt-to-Equity Ratio
0.63
Current Ratio
N/A
Quick Ratio
N/A

Sales & Book Value

Annual Sales
$640.03 million
Price / Sales
6.12
Cash Flow
$1.17 per share
Price / Cash Flow
14.36
Book Value
$15.19 per share
Price / Book
1.10

Miscellaneous

Outstanding Shares
233,790,000
Free Float
232,429,000
Market Cap
$3.92 billion
Optionable
Optionable
Beta
0.94
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This page (NYSE:IRT) was last updated on 8/2/2025 by MarketBeat.com Staff
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