Independence Realty Trust, Inc. (IRT)

US — Real Estate Sector
Peers:   AIV  CLPR  BRT  UDR  NXRT  AIRC  CSR  ELME  ELS  VRE 

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Key Metrics & Ratings

  • symbol IRT
  • Rev/Share 2.7771
  • Book/Share 15.5475
  • PB 0.0
  • Debt/Equity 0.0
  • CurrentRatio 0.0
  • ROIC 0.0

 

  • MktCap 4259562700.0
  • FreeCF/Share 0.5677
  • PFCF 32.518
  • PE 139.7999
  • Debt/Assets 0.0
  • DivYield 0.0351
  • ROE 0.0118

 

  • Rating C-
  • Score 1
  • Recommendation Strong Sell
  • P/E Score 1
  • DCF Score 3
  • P/B Score 1
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Downgrade IRT Compass Point Buy Neutral -- $22 May 13, 2025
Initiation IRT UBS -- Buy -- $24 April 7, 2025
Initiation IRT Wells Fargo -- Overweight -- $24 March 19, 2025
Upgrade IRT Jefferies Hold Buy $20 $24 March 10, 2025
Initiation IRT Barclays -- Equal Weight -- $23 Dec. 17, 2024

News

Independence Realty Trust: Recent Underperformance Presents A Buying Opportunity (Rating Upgrade)
IRT
Published: May 21, 2025 by: Seeking Alpha
Sentiment: Positive

Independence Realty Trust is a residential REIT focused on the Sunbelt region, with Atlanta and Dallas the largest markets for the company. Q1 2025 results show strong underlying NOI momentum but also muted cash flow per share growth due to ongoing equity issuance to fund portfolio growth. Higher occupancy had an outsized effect on NOI growth in the first quarter. Underlying rent growth is much weaker.

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image for news Independence Realty Trust: Recent Underperformance Presents A Buying Opportunity (Rating Upgrade)
When Your REIT Will Cut Its Dividend
AHH, BRT, BXP, CCI, CPT, CSR, DEI, FRT, HPP, IIPR, ILPT, IRT, KIM, MPW, NNN, NXRT, ONL, PINE, REG, REXR, SLG, SUI, VICI, WPC, WSR
Published: May 19, 2025 by: Seeking Alpha
Sentiment: Negative

When Your REIT Will Cut Its Dividend

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image for news When Your REIT Will Cut Its Dividend
Independence Realty Trust, Inc. (IRT) Q1 2025 Earnings Call Transcript
IRT
Published: May 01, 2025 by: Seeking Alpha
Sentiment: Neutral

Independence Realty Trust, Inc. (IRT) Q1 2025 Earnings Call Transcript

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image for news Independence Realty Trust, Inc. (IRT) Q1 2025 Earnings Call Transcript
Independence Realty Trust: Aligned To Benefit From Population Migration
IRT
Published: March 06, 2025 by: Seeking Alpha
Sentiment: Positive

Independence Realty Trust, Inc. has outperformed the S&P 500 due to its strong portfolio of multifamily properties and strategic focus on the sunbelt region. IRT's Q4 earnings showed mixed results, but net income improved significantly, and the REIT continues to expand its portfolio with strategic acquisitions. Despite a higher valuation, IRT's strong dividend coverage and potential for future growth make it a compelling investment, especially with ongoing population shifts to the sunbelt.

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image for news Independence Realty Trust: Aligned To Benefit From Population Migration
The State Of REITs: February 2025 Edition
ADC, AHR, BBRE, CMCT, DFAR, DFGR, FREL, GTY, ICF, IRT, IYR, JPRE, KBWY, MDRR, MPW, NLOP, PSTL, REZ, RWR, SCHH, SRET, SRVR, STAG, USRT, VNQ
Published: February 21, 2025 by: Seeking Alpha
Sentiment: Negative

After a brutal December (-6.85%), the REIT sector averaged negative total returns again in January (-1.29%). Large cap (+0.30%) and mid cap REITs (+0.09%) averaged small gains in January, whereas small caps (-0.95%) and micro caps (-7.80%) started the year in the red. Only 42.58% of REIT securities had a positive total during the first month of 2025.

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image for news The State Of REITs: February 2025 Edition

About Independence Realty Trust, Inc. (IRT)

  • IPO Date 2013-08-13
  • Website https://www.irtliving.com
  • Industry REIT - Residential
  • CEO Mr. Scott F. Schaeffer
  • Employees 917

Independence Realty Trust, Inc. (NYSE: IRT) is a real estate investment trust that owns and operates multifamily apartment properties across non-gateway U.S. markets, including Atlanta, Louisville, Memphis, and Raleigh. IRT's investment strategy is focused on gaining scale within key amenity rich submarkets that offer good school districts, high-quality retail and major employment centers. 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.