NYSE:IRT Independence Realty Trust (IRT) Stock Price, News & Analysis $16.75 -0.02 (-0.12%) Closing price 08/1/2025 03:59 PM EasternExtended 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. 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$16.59▼$17.6050-Day Range$16.75▼$18.6152-Week Range$16.59▼$22.26Volume3.11 million shsAverage Volume2.42 million shsMarket Capitalization$3.92 billionP/E Ratio139.58Dividend Yield4.06%Price Target$22.60Consensus 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™ Stocks84th Percentile Overall ScoreIRT 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. 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 2.80, and is based on 8 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 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. SectorThe 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 RatioIndependence 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 RatioIndependence 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. Short Interest1.0 / 5Short Interest LevelBearish Percentage of Shares Shorted9.09% of the outstanding shares of Independence Realty Trust have been sold short.Short Interest Ratio / Days to CoverIndependence Realty Trust has a short interest ratio ("days to cover") of 9.3.Change versus previous monthShort interest in Independence Realty Trust has recently increased by 11.54%, indicating that investor sentiment is decreasing significantly. Dividend2.5 / 5Dividend StrengthModerate Dividend LeadershipIndependence 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 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 Shorted9.09% of the outstanding shares of Independence Realty Trust have been sold short.Short Interest Ratio / Days to CoverIndependence Realty Trust has a short interest ratio ("days to cover") of 9.3.Change versus previous monthShort interest in Independence Realty Trust has recently increased by 11.54%, indicating that investor sentiment is decreasing significantly. News and Social Media3.3 / 5News Sentiment1.03 News SentimentIndependence 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 WeekMarketBeat has tracked 14 news articles for Independence Realty Trust this week, compared to 6 articles on an average week.Search Interest1 people have searched for IRT on MarketBeat in the last 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. Email Address IRT Stock News HeadlinesAnalysts Have Conflicting Sentiments on These Real Estate Companies: Ventas (VTR), Independence Realty (IRT) and Whitestone REIT (WSR)August 2 at 8:27 AM | theglobeandmail.comDecoding Independence Realty Trust Inc (IRT): A Strategic SWOT InsightAugust 2 at 3:22 AM | gurufocus.comMicrosoft's Next Big Bet?Microsoft just broke ground on a revolutionary power system that could deliver virtually limitless, carbon-free energy. Bill Gates calls it “abundant” and is backing four separate startups in the space. While most of these plays are off-limits to everyday investors, a little-known backdoor could give you access to one tiny company leading the charge—and it’s publicly traded.August 2 at 2:00 AM | Stansberry Research (Ad)Independence Realty Trust Inc (IRT) Q2 2025 Earnings Call Highlights: Strategic Acquisitions ...August 1 at 10:06 AM | finance.yahoo.comIndependence Realty Trust Inc (IRT) Q2 2025: Everything You Need To Know Ahead Of EarningsJuly 31 at 12:05 AM | finance.yahoo.comIndependence Realty Trust, Inc. (IRT) Q2 2025 Earnings Call TranscriptJuly 31 at 11:02 PM | seekingalpha.comIndependence Realty Trust Announces Second Quarter 2025 Financial ResultsJuly 30 at 4:05 PM | businesswire.comIndependence Realty Trust Inc (IRT) Q2 2025 Earnings Report Preview: What To ExpectJuly 29, 2025 | finance.yahoo.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 on January 1st, 2025. Since then, IRT stock has decreased by 15.6% and is now trading at $16.75. How were Independence Realty Trust's earnings last quarter? 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. Who are Independence Realty Trust's major shareholders? 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. 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 Earnings7/30/2025Today8/02/2025Fiscal 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$22.60 High Price Target$25.00 Low Price Target$21.00 Potential Upside/Downside+34.9%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage10 Analysts Profitability EPS (Trailing Twelve Months)$0.12 Trailing P/E Ratio139.58 Forward P/E Ratio14.08 P/E Growth2.31Net 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$640.03 million Price / Sales6.12 Cash Flow$1.17 per share Price / Cash Flow14.36 Book Value$15.19 per share Price / Book1.10Miscellaneous Outstanding Shares233,790,000Free Float232,429,000Market Cap$3.92 billion OptionableOptionable Beta0.94 Beginner's Guide To Retirement StocksEnter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report This page (NYSE:IRT) was last updated on 8/2/2025 by MarketBeat.com Staff From Our PartnersWhy Elon put $51 million into thisA single U.S. company has started producing a “miracle metal” once locked in research labs. Now? They’re qu...True Market Insiders | SponsoredIs Elon's empire crumbling?The Tesla Shock Nobody Sees Coming While headlines scream "Tesla is doomed"... Jeff Brown has uncovered ...Brownstone Research | SponsoredChina just unlocked Nvidia’s AI chips—what that means for youTired of Missing Big AI Moves Like Nvidia? You’re not the problem—your trading system is. Tim’s XGPT system...Timothy Sykes | SponsoredMan Who Called Nvidia at $1.10 Says Buy This Now...In 2004, one man called Nvidia before just about anyone knew it existed. 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