- Previous Close
21.35 - Open
21.45 - Bid 21.57 x 800
- Ask 21.58 x 800
- Day's Range
21.43 - 21.61 - 52 Week Range
13.24 - 21.61 - Volume
115,800 - Avg. Volume
2,141,448 - Market Cap (intraday)
4.989B - Beta (5Y Monthly) 1.16
- PE Ratio (TTM)
∞ - EPS (TTM)
0.00 - Earnings Date Feb 12, 2025 - Feb 17, 2025
- Forward Dividend & Yield 0.64 (3.00%)
- Ex-Dividend Date Sep 30, 2024
- 1y Target Est
21.32
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.
www.irtliving.comRecent News: IRT
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Performance Overview: IRT
Trailing total returns as of 11/21/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
Compare To: IRT
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Statistics: IRT
View MoreValuation Measures
Market Cap
4.81B
Enterprise Value
7.07B
Trailing P/E
--
Forward P/E
97.09
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
7.43
Price/Book (mrq)
1.43
Enterprise Value/Revenue
10.95
Enterprise Value/EBITDA
23.71
Financial Highlights
Profitability and Income Statement
Profit Margin
-0.03%
Return on Assets (ttm)
1.28%
Return on Equity (ttm)
-0.01%
Revenue (ttm)
641.63M
Net Income Avi to Common (ttm)
-221k
Diluted EPS (ttm)
0.00
Balance Sheet and Cash Flow
Total Cash (mrq)
36.43M
Total Debt/Equity (mrq)
65.66%
Levered Free Cash Flow (ttm)
188.14M
Research Analysis: IRT
View MoreCompany Insights: IRT
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Research Reports: IRT
View MoreRaising target price to $24.00
INDEPENDENCE REALTY TRUST IN has an Investment Rating of BUY; a target price of $24.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of Medium; a Growth Subrating of High; and a Value Subrating of Low.
RatingPrice TargetRaising target price to $23.00
INDEPENDENCE REALTY TRUST IN has an Investment Rating of BUY; a target price of $23.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.
RatingPrice TargetWhat does Argus have to say about IRT?
INDEPENDENCE REALTY TRUST IN has an Investment Rating of BUY; a target price of $22.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of Medium; a Growth Subrating of High; and a Value Subrating of Medium.
RatingPrice TargetWhat does Argus have to say about IRT?
INDEPENDENCE REALTY TRUST IN has an Investment Rating of BUY; a target price of $22.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of High; a Growth Subrating of High; and a Value Subrating of Medium.
RatingPrice Target