S&P 500   4,532.76
DOW   35,028.65
QQQ   366.48
S&P 500   4,532.76
DOW   35,028.65
QQQ   366.48
S&P 500   4,532.76
DOW   35,028.65
QQQ   366.48
S&P 500   4,532.76
DOW   35,028.65
QQQ   366.48

Independence Realty Trust Stock Forecast, Price & News

-0.57 (-2.45%)
(As of 01/19/2022 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
2.61 million shs
Average Volume
2.97 million shs
Market Capitalization
$2.39 billion
P/E Ratio
Dividend Yield
30 days | 90 days | 365 days | Advanced Chart
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Independence Realty Trust logo

About Independence Realty Trust

Independence Realty Trust, Inc. is a real estate investment trust, which acquires, owns, operates, improves and manages multifamily apartment communities across non-gateway U.S. markets. It aims to provide stockholders risk-adjusted returns through diligent portfolio management, operational performance and consistent return of capital through distributions and capital appreciation. The company was founded on March 26, 2009 and is headquartered in Philadelphia, PA.


Expert Ratings For Independence Realty Trust
January 10, 2022 |  markets.businessinsider.com
Compass Point Upgrades Independence Realty Trust (NYSE:IRT) to Buy
January 10, 2022 |  americanbankingnews.com
AHH vs. IRT: Which Stock Should Value Investors Buy Now?
December 15, 2021 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Real estate investment trusts
Year Founded

Sales & Book Value

Annual Sales
$211.91 million
Cash Flow
$0.79 per share
Book Value
$7.52 per share


Net Income
$14.77 million
Pretax Margin




Free Float
Market Cap
$2.39 billion

Company Calendar

Ex-Dividend for 10/22 Dividend
Dividend Payable
Last Earnings
Ex-Dividend for 1/21 Dividend
Dividend Payable
Next Earnings (Confirmed)
Fiscal Year End


Overall MarketRank

2.54 out of 5 stars

Finance Sector

264th out of 1,350 stocks

Real Estate Investment Trusts Industry

58th out of 230 stocks

Analyst Opinion: 3.4Community Rank: 4.1Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -

Independence Realty Trust (NYSE:IRT) Frequently Asked Questions

Is Independence Realty Trust a buy right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Independence Realty Trust in the last year. There are currently 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Independence Realty Trust stock.
View analyst ratings for Independence Realty Trust
or view top-rated stocks.

How has Independence Realty Trust's stock been impacted by COVID-19?

Independence Realty Trust's stock was trading at $12.55 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, IRT shares have increased by 80.9% and is now trading at $22.70.
View which stocks have been most impacted by COVID-19

Are investors shorting Independence Realty Trust?

Independence Realty Trust saw a drop in short interest during the month of December. As of December 15th, there was short interest totaling 3,380,000 shares, a drop of 82.7% from the November 30th total of 19,500,000 shares. Based on an average trading volume of 1,270,000 shares, the short-interest ratio is presently 2.7 days.
View Independence Realty Trust's Short Interest

When is Independence Realty Trust's next earnings date?

Independence Realty Trust is scheduled to release its next quarterly earnings announcement on Wednesday, February 16th 2022.
View our earnings forecast for Independence Realty Trust

How were Independence Realty Trust's earnings last quarter?

Independence Realty Trust, Inc. (NYSE:IRT) posted its quarterly earnings data on Wednesday, October, 27th. The real estate investment trust reported $0.11 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.20 by $0.09. Independence Realty Trust had a trailing twelve-month return on equity of 4.00% and a net margin of 12.85%. During the same period last year, the firm posted $0.20 EPS.
View Independence Realty Trust's earnings history

How often does Independence Realty Trust pay dividends? What is the dividend yield for Independence Realty Trust?

Independence Realty Trust announced a quarterly dividend on Thursday, December 2nd. Investors of record on Thursday, December 30th will be paid a dividend of $0.12 per share on Friday, January 21st. This represents a $0.48 dividend on an annualized basis and a yield of 2.11%. The ex-dividend date of this dividend is Wednesday, December 29th.
View Independence Realty Trust's dividend history

Is Independence Realty Trust a good dividend stock?

Independence Realty Trust pays an annual dividend of $0.08 per share and currently has a dividend yield of 0.36%. The dividend payout ratio of Independence Realty Trust is 27.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Independence Realty Trust will have a dividend payout ratio of 8.25% next year. This indicates that Independence Realty Trust will be able to sustain or increase its dividend.
View Independence Realty Trust's dividend history.

What guidance has Independence Realty Trust issued on next quarter's earnings?

Independence Realty Trust issued an update on its FY 2021 earnings guidance on Wednesday, November, 3rd. The company provided EPS guidance of $0.800-$0.820 for the period. The company issued revenue guidance of -.

What price target have analysts set for IRT?

11 equities research analysts have issued 1 year target prices for Independence Realty Trust's stock. Their forecasts range from $20.00 to $30.00. On average, they expect Independence Realty Trust's share price to reach $26.09 in the next twelve months. This suggests a possible upside of 15.0% from the stock's current price.
View analysts' price targets for Independence Realty Trust
or view top-rated stocks among Wall Street analysts.

Who are Independence Realty Trust's key executives?

Independence Realty Trust's management team includes the following people:
  • Scott F. Schaeffer, Chairman & Chief Executive Officer
  • Farrell M. Ender, President
  • Ella Shaw Neyland, Chief Operating Officer & Director
  • James J. Sebra, Chief Financial Officer & Treasurer
  • Jason R. Delozier, Chief Accounting Officer

What is Scott F. Schaeffer's approval rating as Independence Realty Trust's CEO?

6 employees have rated Independence Realty Trust CEO Scott F. Schaeffer on Glassdoor.com. Scott F. Schaeffer has an approval rating of 69% among Independence Realty Trust's employees.

What other stocks do shareholders of Independence Realty Trust own?

What is Independence Realty Trust's stock symbol?

Independence Realty Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "IRT."

Who are Independence Realty Trust's major shareholders?

Independence Realty Trust's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.12%), Cypress Wealth Services LLC (0.12%), Atlantic Union Bankshares Corp (0.10%), Pendal Group Ltd (0.09%), Pensionfund DSM Netherlands (0.08%) and Exchange Traded Concepts LLC (0.06%). Company insiders that own Independence Realty Trust stock include James J Sebra, Richard H Ross, Scott Schaeffer and William C Dunkelberg.
View institutional ownership trends for Independence Realty Trust

Which institutional investors are selling Independence Realty Trust stock?

IRT stock was sold by a variety of institutional investors in the last quarter, including Pensionfund DSM Netherlands, Atlantic Union Bankshares Corp, Pensionfund Sabic, and State of Alaska Department of Revenue.
View insider buying and selling activity for Independence Realty Trust
or view top insider-selling stocks.

Which institutional investors are buying Independence Realty Trust stock?

IRT stock was acquired by a variety of institutional investors in the last quarter, including Cypress Wealth Services LLC, Capital Investment Advisors LLC, Baldwin Brothers LLC MA, Spire Wealth Management, Brookstone Capital Management, Sound Income Strategies LLC, Sumitomo Mitsui DS Asset Management Company Ltd, and Platte River Wealth Advisors LLC. Company insiders that have bought Independence Realty Trust stock in the last two years include James J Sebra, Scott Schaeffer, and William C Dunkelberg.
View insider buying and selling activity for Independence Realty Trust
or or view top insider-buying stocks.

How do I buy shares of Independence Realty Trust?

Shares of IRT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Independence Realty Trust's stock price today?

One share of IRT stock can currently be purchased for approximately $22.70.

How much money does Independence Realty Trust make?

Independence Realty Trust has a market capitalization of $2.39 billion and generates $211.91 million in revenue each year. The real estate investment trust earns $14.77 million in net income (profit) each year or $0.29 on an earnings per share basis.

How many employees does Independence Realty Trust have?

Independence Realty Trust employs 444 workers across the globe.

What is Independence Realty Trust's official website?

The official website for Independence Realty Trust is www.irtliving.com.

Where are Independence Realty Trust's headquarters?

Independence Realty Trust is headquartered at 1835 Market Street Suite 2601, Philadelphia PA, 19103.

How can I contact Independence Realty Trust?

Independence Realty Trust's mailing address is 1835 Market Street Suite 2601, Philadelphia PA, 19103. The real estate investment trust can be reached via phone at (267) 270-4800 or via email at [email protected].

This page was last updated on 1/20/2022 by MarketBeat.com Staff


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