IRT

Independence Realty Trust Inc
NYSEREAL ESTATEREIT - RESIDENTIAL

Key Statistics

Market Cap
$4.07B
P/E Ratio
88.74
EPS
$0.19
Beta
0.96
52W High
$17.70
52W Low
$14.44
50-Day MA
$16.51
200-Day MA
$16.43
Dividend Yield
3.92%
Profit Margin
7.16%
Forward P/E
78.74
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)$672.38M
Gross Profit (TTM)$408.86M
EBITDA$378.80M
Operating Margin12.60%
Return on Equity1.38%
Return on Assets1.31%
Revenue/Share (TTM)$2.86
Book Value$14.42
Price-to-Book1.20
Price-to-Sales (TTM)6.06
EV/Revenue9.81
EV/EBITDA17.16
Quarterly Earnings Growth (YoY)-41.00%
Quarterly Revenue Growth (YoY)2.30%
Shares Outstanding$235.72M
Float$233.54M
% Insiders0.68%
% Institutions103.31%

Historical Volatility

HV 10-Day
27.12%
HV 20-Day
26.05%
HV 30-Day
24.80%
HV 60-Day
22.45%
HV Rank
84.5%

Volatility is currently expanding

Analyst Ratings

Consensus ($19.14 target)
2
Strong Buy
8
Buy
4
Hold

Latest News

Equity REITs: Takeaways From REITWeek 2026

REITs are poised for 6-7% earnings growth in coming years, outpacing the historical 3-4% average, with multiple sectors showing accelerating fundamentals. Shopping centers, healthcare (notably senior housing), and data centers are standout sectors, benefiting from robust private market demand, supply constraints, and AI-driven tailwinds. Office REITs see improving leasing, especially from AI-related demand, while quality bifurcation widens; overweight positions in BXP and CUZ reflect this thesis.

Seeking Alpha7/5/2026Positive
Independence Realty Trust Increases Quarterly Dividend by 6%

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, which represents a 5.9% increase over the prior quarterly rate of $0.17 per share. The second quarter 2026 dividend is payable on July 17, 2026, to shareholders of record at the close of business on June 26, 2026. "The Board's decision to increase our quarterly dividend reflects our conviction in the streng.

Business Wire5/13/2026Neutral
Independence Realty Trust: Patience Is Key

Independence Realty Trust is navigating a shift from high supply/low demand to low supply/high demand in Sunbelt and Midwest multifamily markets. Q1 2026 results showed a 2.8% increase in asking rents, but CFFO and NOI margins declined year-over-year; full-year CFFO guidance remains unchanged. IRT's value-add renovation program continues to drive NOI growth and is fully funded by excess free cash flow, with significant value creation potential.

Seeking Alpha5/2/2026Neutral
Independence Realty Trust Announces First Quarter 2026 Financial Results

PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (“IRT”) (NYSE: IRT), a multifamily apartment REIT, announces its first quarter 2026 financial results. First Quarter 2026 EPS of $0.00 First Quarter 2026 CFFO Per Share of $0.26 In Line with Expectations Same-Store Portfolio NOI Growth of 1.0% for the First Quarter 2026 1.4% Increase in Rental Revenue and 2.0% Increase in Property Operating Expenses, Year Over Year Continued Strong Resident Retention Rate of 60.5% Completed 426 Reno.

Business Wire4/29/2026Neutral
SAFE vs. IRT: Which Stock Should Value Investors Buy Now?

Investors interested in stocks from the REIT and Equity Trust - Residential sector have probably already heard of Safehold (SAFE) and Independence Realty Trust (IRT). But which of these two companies is the best option for those looking for undervalued stocks?

Zacks Investment Research4/20/2026Positive
IRT Announces Dates for First Quarter 2026 Earnings Release and Conference Call

PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (“IRT”) (NYSE: IRT), announces the release date and conference call details related to its first quarter 2026 financial results. Details:   Results Release Date: Wednesday, April 29, 2026, after the market closes     Conference Call Date and Time: Thursday, April 30, 2026, at 9:00 a.m. Eastern Time     Telephone Number (within the U.S.): (888) 440-3307     Conference ID (Passcode): 1963990 The live conference call can also be access.

Business Wire4/10/2026Neutral

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Data last updated: 7/9/2026