IRT

Independence Realty Trust Inc
NYSEREAL ESTATEREIT - RESIDENTIAL

Key Statistics

Market Cap
$3.57B
P/E Ratio
82.06
EPS
$0.18
Beta
0.98
52W High
$17.49
52W Low
$14.27
50-Day MA
$15.57
200-Day MA
$16.19
Dividend Yield
4.69%
Profit Margin
6.42%
Forward P/E
69.44
PEG Ratio
4.57

About Independence Realty Trust Inc

Independence Realty Trust, Inc. (NYSE: IRT) is a real estate investment trust that owns and operates multi-family apartment properties in non-entry US markets, including Atlanta, Louisville, Memphis and Raleigh.

Official WebsiteUSAFY End: December

Fundamentals

Revenue (TTM)$677.16M
Gross Profit (TTM)$410.89M
EBITDA$378.19M
Operating Margin14.80%
Return on Equity1.26%
Return on Assets1.29%
Revenue/Share (TTM)$2.88
Book Value$14.28
Price-to-Book1.02
Price-to-Sales (TTM)5.27
EV/Revenue8.78
EV/EBITDA15.35
Quarterly Earnings Growth (YoY)-66.70%
Quarterly Revenue Growth (YoY)3.00%
Shares Outstanding$235.75M
Float$233.58M
% Insiders0.68%
% Institutions103.47%

Historical Volatility

HV 10-Day
17.32%
HV 20-Day
14.33%
HV 30-Day
19.16%
HV 60-Day
19.51%
HV Rank
31.0%

Volatility is currently contracting

Analyst Ratings

Consensus ($18.96 target)
3
Strong Buy
7
Buy
3
Hold

Latest News

Centerspace Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Centerspace - CSR

NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Centerspace (NYSE: CSR) to Independence Realty Trust, Inc. (NYSE: IRT). Under the terms of the proposed transaction, shareholders of Centerspace will receive 3.800 shares of Independence Realty common stock for each share of Centerspace that they own. KSF is seeking to determine whether this con.

Business Wire10/13/2026Neutral
Centerspace Announces Third Quarter 2026 Earnings Release Date

MINNEAPOLIS, Oct. 1, 2026 /PRNewswire/ -- Centerspace (NYSE: CSR) (the "Company") will release its operating results for the quarter ended September 30, 2026, after the market closes on Monday, November 2, 2026. Due to the Company's previously announced merger with Independence Realty Trust, Inc. (NYSE: IRT), the Company will not host a conference call regarding its third quarter 2026 operating results.

PRNewsWire10/1/2026Neutral
Centerspace Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Centerspace - CSR

NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Centerspace (NYSE: CSR) to Independence Realty Trust, Inc. (NYSE: IRT). Under the terms of the proposed transaction, shareholders of Centerspace will receive 3.800 shares of Independence Realty common stock for each share of Centerspace that they own. KSF is seeking to determine whether this conside.

Business Wire9/10/2026Neutral
IRT Stock Alert: Halper Sadeh LLC is Investigating Whether Independence Realty Trust, Inc. is Obtaining a Fair Price for its Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating the merger of Independence Realty Trust, Inc. (NYSE: IRT) and Centerspace. Upon closing of the proposed transaction, Independence Realty shareholders will own approximately 78% of the combined company.Halper Sadeh encourages Independence Realty shareholders to click here to learn more about their rights and options or contact Daniel Sadeh or Zachary Halper free of charge at (212) 763-0060 or sadeh@halpersa.

Business Wire9/9/2026Neutral
Independence Realty Trust and Centerspace to Merge in $8.1 Billion Combination

PHILADELPHIA & MINNEAPOLIS--(BUSINESS WIRE)--Independence Realty Trust, Inc. (NYSE: IRT) ("IRT") and Centerspace (NYSE: CSR) ("Centerspace") today announced that they have entered into a definitive merger agreement under which Centerspace and IRT will combine in an all-stock transaction, creating a leading middle-market multifamily REIT focused on high-growth, non-gateway markets. The combined company is expected to have a pro forma equity market capitalization of approximately $5.0 billion and.

Business Wire9/9/2026Neutral
Independence Realty Trust Declares Third Quarter 2026 Dividend

PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (NYSE: IRT) (“IRT”) announces that its board of directors approved a quarterly dividend of $0.18 per share of IRT common stock. The third quarter 2026 dividend is payable on October 23, 2026, to shareholders of record at the close of business on September 30, 2026. About IRT Independence Realty Trust, Inc. (NYSE: IRT), an S&P 400 MidCap Company, is a real estate investment trust that owns and operates multifamily communities, ac.

Business Wire9/8/2026Neutral
Independence Realty Trust Q2 Earnings Call Highlights

Independence Realty Trust NYSE: IRT said improving apartment market conditions, reduced concessions and a new community Wi-Fi program supported stronger operating results in the second quarter of 2026, prompting the company to raise the midpoint of its full-year same-store net operating income guidance.

MarketBeat8/5/2026Neutral

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Data last updated: 10/17/2026