NYSE:IRT Independence Realty Trust (IRT) Stock Price, News & Analysis $16.50 +0.24 (+1.45%) Closing price 03:59 PM EasternExtended Trading$16.50 +0.01 (+0.06%) As of 07:33 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 Massive. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsBuy This Stock About Independence Realty Trust Stock (NYSE:IRT) View Price History Chart DataSkip Price History Chart 1 Day 5 Days 30 Days 90 Days 1 Year Advanced 1 Day 1 Day 5 Days 30 Days 90 Days 1 Year Advanced Show volume Show extended hours Get IRT alerts:Sign Up Key Stats Today's Range$16.12▼$16.5250-Day Range$14.78▼$16.5252-Week Range$14.60▼$19.48Volume2.30 million shsAverage Volume2.63 million shsMarket Capitalization$3.89 billionP/E Ratio82.48Dividend Yield4.12%Price Target$19.94Consensus RatingHold Company Overview Independence Realty Trust is a self-administered equity real estate investment trust that acquires, redevelops and manages multi-family communities. The company focuses on workforce housing, targeting Class A and B garden-style apartments in suburban and urban infill locations. Its core activities include sourcing value-add acquisitions, overseeing property renovations and delivering in-house property management services to optimize rental income and occupancy levels. Headquartered in Wayne, Pennsylvania, Independence Realty Trust maintains a geographically diverse portfolio across several high-growth U.S. regions. Key markets include Florida, Georgia, Texas, North and South Carolina, Tennessee and the Mid-Atlantic states. The firm’s market selection strategy emphasizes proximity to major employment centers and demographic tailwinds, aiming to serve renters seeking quality housing within commuting distance of metropolitan areas. Independence Realty Trust completed its initial public offering in 2014 and has since pursued a disciplined growth approach through strategic acquisitions and selective developments. The company’s internally managed structure allows for cohesive decision-making across investment, development and property management functions, supporting operational efficiency and responsiveness to evolving market conditions. The company is led by a management team with extensive experience in real estate investment, development and property operations. Through its vertically integrated platform, Independence Realty Trust aims to generate long-term value for stakeholders by focusing on sustainable portfolio growth, asset-level enhancements and resident satisfaction. AI Generated. May Contain Errors. Read More Independence Realty Trust Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks71st Percentile Overall ScoreIRT MarketRank™: Independence Realty Trust scored higher than 71% of companies evaluated by MarketBeat, and ranked 426th out of 883 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.9 / 5Analyst RatingHold Consensus RatingIndependence 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 PotentialIndependence Realty Trust has a consensus price target of $19.94, representing about 20.9% upside from its current price of $16.50.Amount of Analyst CoverageIndependence Realty Trust has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Independence Realty Trust's stock forecast and price target. Earnings and Valuation0.6 / 5Proj. Earnings Growth5.26% Earnings GrowthEarnings 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 MarketThe P/E ratio of Independence Realty Trust is 82.48, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 38.65.Price to Earnings Ratio vs. SectorThe P/E ratio of Independence Realty Trust is 82.48, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 23.72.Price to Earnings Growth RatioIndependence Realty Trust has a PEG Ratio of 1.78. 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.Read more about Independence Realty Trust's valuation and earnings. Short Interest1.0 / 5Short Interest LevelBearish Percentage of Shares Shorted5.13% 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 4.63.Change versus previous monthShort interest in Independence Realty Trust has recently increased by 8.15%, 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 4.25%, 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 340.00%. 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 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 and Social Media3.3 / 5News Sentiment1.36 News SentimentIndependence Realty Trust has a news sentiment score of 1.36. 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 0.61 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Independence Realty Trust this week, compared to 2 articles on an average week.Search InterestOnly 2 people have searched for IRT on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Company Ownership1.5 / 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 $15,590.00 in company stock.Percentage Held by Insiders0.69% 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. 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IRT Stock News HeadlinesIndependence Realty Trust Increases Quarterly Dividend by 6%May 14, 2026 | finance.yahoo.comIndependence Realty Trust, Inc. (NYSE:IRT) Given Average Rating of "Hold" by BrokeragesMay 14, 2026 | americanbankingnews.comNobody Understands Why Trump Is Invading Iran (here’s the answer)Most investors are reacting to the Iran strikes without understanding the underlying motive driving the decision. Addison Wiggin, Founder of Grey Swan Investment Fraternity, says there is a hidden reason behind the bombing - and knowing it could change how you position your money right now.May 19 at 1:00 AM | Banyan Hill Publishing (Ad)Independence Realty Shareholders Approve Governance and Pay MeasuresMay 13, 2026 | tipranks.comIndependence Realty Trust Provides Updated Investor Presentation MaterialsMay 4, 2026 | tipranks.comA Look At Independence Realty Trust (IRT) Valuation After Recent Share Price Momentum And Mixed Return TrendsMay 4, 2026 | finance.yahoo.comIndependence Realty Trust affirms 2026 core FFO per share of $1.12-$1.16 while targeting 2,000-2,500 value-add completionsMay 1, 2026 | msn.comIndependence Realty Trust: Patience Is KeyMay 1, 2026 | seekingalpha.comSee More Headlines IRT Stock Analysis - Frequently Asked Questions How have IRT shares performed this year? Independence Realty Trust's stock was trading at $17.49 at the beginning of 2026. Since then, IRT shares have decreased by 5.7% and is now trading at $16.4950. How were Independence Realty Trust's earnings last quarter? Independence Realty Trust, Inc. (NYSE:IRT) released its quarterly earnings data on Wednesday, April, 29th. The real estate investment trust reported $0.26 EPS for the quarter, topping the consensus estimate of $0.03 by $0.23. The company's revenue was up 2.7% compared to the same quarter last year. Read the conference call transcript. When did Independence Realty Trust IPO? 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 $10.00-$11.00 per share. Who are Independence Realty Trust's major shareholders? Independence Realty Trust's top institutional investors include Dimensional Fund Advisors LP (1.47%), Rush Island Management LP (1.47%), Jennison Associates LLC (1.34%) and Bank of America Corp DE (0.85%). 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 4/17 Dividend3/27/2026Ex-Dividend for 4/17 Dividend3/27/2026Dividend Payable4/17/2026Last Earnings4/29/2026Today5/19/2026Record date for 7/17 Dividend6/26/2026Ex-Dividend for 7/17 Dividend6/26/2026Dividend Payable7/17/2026Next Earnings (Estimated)7/29/2026Fiscal Year End12/31/2026Get Stock Alerts Health Indicator TradeSmith's Health IndicatorA long-term volatility-based measure designed for securities held 12 months or longer.Green: Strong and healthy uptrend with normal pullbacks.Yellow: Significant pullback but still within expected volatility.Red: Dropped beyond expected volatility; considered unhealthy. Red Zone (9m+) 1-Year History May 25 Aug 25 Nov 25 Feb 26 May 26 IRT's financial health is in the Red zone, according to TradeSmith. IRT has been in this zone for over 9 months. Industry, 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 Founded2009Price Target and Rating Average Price Target for Independence Realty Trust$19.94 High Price Target$24.00 Low Price Target$18.00 Potential Upside/Downside+20.9%Consensus RatingHold Rating Score (0-4)2.45 Research Coverage11 Analysts Profitability EPS (Trailing Twelve Months)$0.20 Trailing P/E Ratio82.48 Forward P/E Ratio14.47 P/E Growth1.78Net Income$56.56 million Net Margins7.27% Pretax Margin7.41% Return on Equity1.35% Return on Assets0.80% Debt Debt-to-Equity Ratio0.69 Current RatioN/A Quick RatioN/A Sales & Book Value Annual Sales$657.70 million Price / Sales5.91 Cash Flow$1.31 per share Price / Cash Flow12.61 Book Value$15.01 per share Price / Book1.10Miscellaneous Outstanding Shares235,710,000Free Float234,089,000Market Cap$3.89 billion OptionableOptionable Beta0.98 Social Links 10 Stocks Set to Soar in 2026Enter your email address and we’ll send you MarketBeat’s list of ten stocks set to soar in Summer 2026, despite the threat of tariffs and what's happening in Iran. These ten stocks are incredibly resilient and are likely to thrive in any economic environment. Get This Free Report This page (NYSE:IRT) was last updated on 5/19/2026 by MarketBeat.com Staff. 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