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

Independence Realty Trust (NYSE:IRT) Frequently Asked Questions

Is Independence Realty Trust a buy right now?

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Independence Realty Trust in the last twelve months. There are currently 2 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Independence Realty Trust stock.
View analyst ratings for Independence Realty Trust or view top-rated stocks.

When is Independence Realty Trust's next earnings date?

Independence Realty Trust is scheduled to release its next quarterly earnings announcement on Monday, July 25th 2022.
View our earnings forecast for Independence Realty Trust.

How were Independence Realty Trust's earnings last quarter?

Independence Realty Trust, Inc. (NYSE:IRT) issued its quarterly earnings data on Tuesday, May, 3rd. The real estate investment trust reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.09. Independence Realty Trust had a trailing twelve-month return on equity of 5.34% and a net margin of 34.18%. During the same period in the prior year, the firm earned $0.18 earnings per share.
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 Monday, March 14th. Shareholders of record on Friday, April 1st will be given a dividend of $0.12 per share on Friday, April 22nd. This represents a $0.48 annualized dividend and a dividend yield of 2.15%. The ex-dividend date is Thursday, March 31st.
View Independence Realty Trust's dividend history.

Is Independence Realty Trust a good dividend stock?

Independence Realty Trust pays an annual dividend of $0.48 per share and currently has a dividend yield of 2.14%. Independence Realty Trust does not yet have a strong track record of dividend growth. The dividend payout ratio of Independence Realty Trust is 67.61%. 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 41.38% 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 2022 earnings guidance on Monday, May, 9th. The company provided earnings per share guidance of $1.04-$1.06 for the period. The company issued revenue guidance of -.

What price target have analysts set for IRT?

12 equities research analysts have issued 1-year target prices for Independence Realty Trust's shares. Their forecasts range from $20.00 to $32.00. On average, they expect Independence Realty Trust's stock price to reach $27.58 in the next year. This suggests a possible upside of 23.7% 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:

• Mr. Scott F. Schaeffer, Chairman & CEO (Age 60, Pay $2.41M)
• Mr. Farrell M. Ender, Pres (Age 46, Pay $1.05M)
• Mr. James J. Sebra, CFO & Treasurer (Age 46, Pay $1.05M)
• Mr. Jason R. Delozier, Chief Accounting Officer & Controller (Age 38, Pay $624.62k)
• Ms. Jessica K. Norman, Chief Legal Officer & Sec. (Age 39, Pay $805.62k)
• Ms. Ella Shaw Neyland, COO & Director (Age 67)
• Mr. Ted McHugh, SVP, Edelman Financial Communications & Capital Markets
• Alex Jorgensen, Investor Relations 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.

Who are some of Independence Realty Trust's key competitors?

Some companies that are related to Independence Realty Trust include Duke Realty (DRE), Sun Communities (SUI), Essex Property Trust (ESS), Boston Properties (BXP), Healthpeak Properties (PEAK), W. P. Carey (WPC), UDR (UDR), Camden Property Trust (CPT), Iron Mountain (IRM), Kimco Realty (KIM), Host Hotels & Resorts (HST), Equity LifeStyle Properties (ELS), American Homes 4 Rent (AMH), Regency Centers (REG) and Gaming and Leisure Properties (GLPI).
View all of IRT's competitors.

What other stocks do shareholders of Independence Realty Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Independence Realty Trust investors own include Annaly Capital Management (NLY), Energy Transfer (ET), AT&T (T), Government Properties Income Trust (GOV), Medical Properties Trust (MPW), Omega Healthcare Investors (OHI), Ares Capital (ARCC), New Residential Investment (NRZ), Verizon Communications (VZ) and CBL & Associates Properties (CBL).

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 investors include BlackRock Inc. (17.84%), Vanguard Group Inc. (11.00%), State Street Corp (5.56%), Wellington Management Group LLP (3.39%), Aew Capital Management L P (1.46%) and Jennison Associates LLC (1.46%).
View institutional ownership trends for Independence Realty Trust.

Which major investors are selling Independence Realty Trust stock?

IRT stock was sold by a variety of institutional investors in the last quarter, including Cambridge Investment Research Advisors Inc., Aew Capital Management L P, Citigroup Inc., Blair William & Co. IL, Consolidated Capital Management LLC, Virginia Retirement Systems ET AL, UBS Group AG, and EWG Elevate Inc..
View insider buying and selling activity for Independence Realty Trust or view top insider-selling stocks.

Which major investors are buying Independence Realty Trust stock?

IRT stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., State Street Corp, Charles Schwab Investment Management Inc., Northern Trust Corp, Healthcare of Ontario Pension Plan Trust Fund, Bank of New York Mellon Corp, and Goldman Sachs Group Inc..
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.
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What is Independence Realty Trust's stock price today?

One share of IRT stock can currently be purchased for approximately $22.30.

How much money does Independence Realty Trust make?

Independence Realty Trust has a market capitalization of $4.93 billion and generates $250.25 million in revenue each year. The real estate investment trust earns $44.59 million in net income (profit) each year or $0.709990 on an earnings per share basis.

How many employees does Independence Realty Trust have?

Independence Realty Trust employs 937 workers across the globe.

What is Independence Realty Trust's official website?

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

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].