Independence Realty Trust (IRT) Competitors

$15.75
+0.08 (+0.51%)
(As of 04/24/2024 ET)

IRT vs. MAC, APLE, GRP.U, CUZ, BXMT, CTRE, SBRA, SLG, PECO, and EPR

Should you be buying Independence Realty Trust stock or one of its competitors? The main competitors of Independence Realty Trust include Macerich (MAC), Apple Hospitality REIT (APLE), Granite Real Estate Inc. Staple (GRP.U), Cousins Properties (CUZ), Blackstone Mortgage Trust (BXMT), CareTrust REIT (CTRE), Sabra Health Care REIT (SBRA), SL Green Realty (SLG), Phillips Edison & Company, Inc. (PECO), and EPR Properties (EPR). These companies are all part of the "real estate investment trusts" industry.

Independence Realty Trust vs.

Independence Realty Trust (NYSE:IRT) and Macerich (NYSE:MAC) are both mid-cap finance companies, but which is the superior business? We will contrast the two businesses based on the strength of their community ranking, institutional ownership, profitability, media sentiment, earnings, risk, dividends, valuation and analyst recommendations.

In the previous week, Macerich had 1 more articles in the media than Independence Realty Trust. MarketBeat recorded 7 mentions for Macerich and 6 mentions for Independence Realty Trust. Independence Realty Trust's average media sentiment score of 1.79 beat Macerich's score of 0.44 indicating that Independence Realty Trust is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Independence Realty Trust
3 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Macerich
3 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Independence Realty Trust pays an annual dividend of $0.64 per share and has a dividend yield of 4.1%. Macerich pays an annual dividend of $0.68 per share and has a dividend yield of 4.3%. Independence Realty Trust pays out -914.2% of its earnings in the form of a dividend. Macerich pays out -53.5% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Independence Realty Trust has a net margin of -2.61% compared to Macerich's net margin of -31.00%. Independence Realty Trust's return on equity of -0.47% beat Macerich's return on equity.

Company Net Margins Return on Equity Return on Assets
Independence Realty Trust-2.61% -0.47% -0.27%
Macerich -31.00%-10.26%-3.55%

Independence Realty Trust currently has a consensus price target of $17.00, indicating a potential upside of 7.94%. Macerich has a consensus price target of $14.40, indicating a potential downside of 7.96%. Given Independence Realty Trust's stronger consensus rating and higher probable upside, equities analysts plainly believe Independence Realty Trust is more favorable than Macerich.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Independence Realty Trust
1 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.60
Macerich
1 Sell rating(s)
3 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.75

88.3% of Independence Realty Trust shares are held by institutional investors. Comparatively, 87.4% of Macerich shares are held by institutional investors. 0.7% of Independence Realty Trust shares are held by insiders. Comparatively, 0.6% of Macerich shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Macerich received 116 more outperform votes than Independence Realty Trust when rated by MarketBeat users. However, 60.85% of users gave Independence Realty Trust an outperform vote while only 51.91% of users gave Macerich an outperform vote.

CompanyUnderperformOutperform
Independence Realty TrustOutperform Votes
359
60.85%
Underperform Votes
231
39.15%
MacerichOutperform Votes
475
51.91%
Underperform Votes
440
48.09%

Independence Realty Trust has higher earnings, but lower revenue than Macerich. Independence Realty Trust is trading at a lower price-to-earnings ratio than Macerich, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Independence Realty Trust$660.98M5.36-$17.23M-$0.07-224.97
Macerich$884.07M3.82-$274.07M-$1.27-12.32

Independence Realty Trust has a beta of 1.07, indicating that its share price is 7% more volatile than the S&P 500. Comparatively, Macerich has a beta of 2.33, indicating that its share price is 133% more volatile than the S&P 500.

Summary

Independence Realty Trust beats Macerich on 14 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding IRT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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IRT vs. The Competition

MetricIndependence Realty TrustReal estate investment trusts IndustryFinance SectorNYSE Exchange
Market Cap$3.55B$6.42B$8.70B$17.42B
Dividend Yield4.04%6.99%10.42%3.56%
P/E Ratio-224.9736.5752.0425.15
Price / Sales5.366.283,481.2711.60
Price / Cash17.3516.4227.4717.62
Price / Book0.992.192.394.91
Net Income-$17.23M$152.71M$995.24M$964.49M
7 Day Performance1.19%3.52%2.42%2.27%
1 Month Performance-1.56%-2.70%-1.08%-2.05%
1 Year Performance-2.42%0.74%13.10%89.06%

Independence Realty Trust Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MAC
Macerich
1.7971 of 5 stars
$15.80
-1.0%
$14.40
-8.9%
+60.0%$3.41B$884.07M-12.44654Upcoming Earnings
APLE
Apple Hospitality REIT
3.6447 of 5 stars
$15.32
-1.9%
$18.40
+20.1%
-0.8%$3.71B$1.34B19.6363Dividend Announcement
GRP.U
Granite Real Estate Inc. Staple
0 of 5 stars
$52.31
-2.0%
N/A-19.5%$3.31B$386.07M32.90N/A
CUZ
Cousins Properties
4.0506 of 5 stars
$21.74
-1.5%
$23.29
+7.1%
+9.6%$3.31B$802.87M39.53305
BXMT
Blackstone Mortgage Trust
4.4654 of 5 stars
$18.25
-0.1%
$21.17
+16.0%
+3.2%$3.17B$2.04B12.94N/ANews Coverage
Gap Down
CTRE
CareTrust REIT
1.8295 of 5 stars
$23.46
-0.4%
$23.57
+0.5%
+24.5%$3.17B$217.77M47.8817Positive News
SBRA
Sabra Health Care REIT
2.1392 of 5 stars
$13.60
-0.7%
$15.54
+14.3%
+24.5%$3.15B$647.51M272.0048Upcoming Earnings
SLG
SL Green Realty
1.4398 of 5 stars
$48.31
-2.8%
$45.83
-5.1%
+115.8%$3.13B$913.71M-5.311,188Dividend Cut
Analyst Report
PECO
Phillips Edison & Company, Inc.
1.6153 of 5 stars
$32.38
-0.6%
$38.14
+17.8%
+7.5%$3.96B$610.12M70.39290Positive News
EPR
EPR Properties
3.8843 of 5 stars
$39.75
-1.6%
$48.05
+20.9%
+1.8%$3.01B$705.67M20.1855Upcoming Earnings

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This page (NYSE:IRT) was last updated on 4/25/2024 by MarketBeat.com Staff

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