Positive News SentimentPositive NewsNYSE:IRT Independence Realty Trust (IRT) Stock Price, News & Analysis $17.36 -0.06 (-0.32%) Closing price 07/25/2025 03:59 PM EasternExtended Trading$17.14 -0.21 (-1.21%) As of 07/25/2025 04:37 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$17.24▼$17.5150-Day Range$17.11▼$19.4952-Week Range$17.05▼$22.26Volume1.34 million shsAverage Volume2.86 million shsMarket Capitalization$4.06 billionP/E Ratio123.96Dividend Yield3.92%Price Target$22.40Consensus 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 231st out of 936 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 2.70, and is based on 7 buy ratings, 3 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 123.96, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 27.03.Price to Earnings Ratio vs. SectorThe P/E ratio of Independence Realty Trust is 123.96, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 19.06.Price to Earnings Growth RatioIndependence Realty Trust has a PEG Ratio of 2.47. 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 1.09. 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. Short Interest1.0 / 5Short Interest LevelBearish Percentage of Shares Shorted8.20% 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 8.6.Change versus previous monthShort interest in Independence Realty Trust has recently increased by 2.42%, 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 3.91%, 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 485.71%. 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 Shorted8.20% 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 8.6.Change versus previous monthShort interest in Independence Realty Trust has recently increased by 2.42%, indicating that investor sentiment is decreasing. News and Social Media3.2 / 5News Sentiment1.69 News SentimentIndependence Realty Trust has a news sentiment score of 1.69. 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 0.99 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Independence Realty Trust this week, compared to 6 articles on an average week. 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 $27,495.00 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 HeadlinesIndependence Realty Trust Announces Q2 2025 Results Release and Conference Call DetailsJuly 21, 2025 | msn.comIndependence Realty Trust, Inc. (NYSE:IRT) Receives $22.40 Consensus Target Price from BrokeragesJuly 21, 2025 | americanbankingnews.comEveryone’s watching Nvidia right now. Here’s why I’m excited.So, unless you’ve been living under a rock, you probably saw the news… Nvidia just signed a $7 BILLION deal with Saudi Arabia to power its new AI empire 🤯 We’re talking about hundreds of thousands of chips, including their latest Grace Blackwell supercomputer.July 27 at 2:00 AM | Timothy Sykes (Ad)UBS Group Cuts Independence Realty Trust (NYSE:IRT) Price Target to $21.00July 17, 2025 | americanbankingnews.comIndependence Realty Trust (NYSE:IRT) Hits New 1-Year Low After Analyst DowngradeJuly 17, 2025 | americanbankingnews.comIRT Announces Dates for Second Quarter 2025 Earnings Release and Conference CallJuly 16, 2025 | finance.yahoo.com1IRT : 4 Analysts Have This To Say About Independence Realty TrustJuly 16, 2025 | benzinga.comIRT Announces Dates for Second Quarter 2025 Earnings Release and Conference CallJuly 14, 2025 | businesswire.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 the year. Since then, IRT stock has decreased by 12.5% and is now trading at $17.3550. How were Independence Realty Trust's earnings last quarter? Independence Realty Trust, Inc. (NYSE:IRT) announced its quarterly earnings data on Wednesday, April, 30th. The real estate investment trust reported $0.27 EPS for the quarter, missing the consensus estimate of $0.28 by $0.01. The company's quarterly revenue was up .4% on a year-over-year basis. Read the conference call transcript. Who are Independence Realty Trust's major shareholders? Independence Realty Trust's top institutional shareholders include Blair William & Co. IL (0.29%), Public Employees Retirement System of Ohio (0.14%), Blue Zone Wealth Advisors LLC (0.12%) and Berger Financial Group Inc (0.12%). 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 Last Earnings4/30/2025Record date for 7/18 Dividend6/27/2025Ex-Dividend for 7/18 Dividend6/27/2025Dividend Payable7/18/2025Today7/27/2025Next Earnings (Estimated)7/30/2025Fiscal 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$22.40 High Price Target$25.00 Low Price Target$21.00 Potential Upside/Downside+29.1%Consensus RatingModerate Buy Rating Score (0-4)2.70 Research Coverage10 Analysts Profitability EPS (Trailing Twelve Months)$0.14 Trailing P/E Ratio123.96 Forward P/E Ratio14.58 P/E Growth2.47Net Income$39.29 million Net Margins4.70% Pretax Margin4.78% Return on Equity0.85% Return on Assets0.50% Debt Debt-to-Equity Ratio0.63 Current RatioN/A Quick RatioN/A Sales & Book Value Annual Sales$640.03 million Price / Sales6.34 Cash Flow$1.17 per share Price / Cash Flow14.88 Book Value$15.88 per share Price / Book1.09Miscellaneous Outstanding Shares233,790,000Free Float232,429,000Market Cap$4.06 billion OptionableOptionable Beta0.93 7 Stocks to Buy And Hold ForeverEnter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. 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