Independence Realty Trust, Inc. (IRT)
- Previous Close
15.67 - Open
15.51 - Bid 15.54 x 900
- Ask 15.55 x 800
- Day's Range
15.48 - 15.64 - 52 Week Range
11.61 - 18.77 - Volume
808,801 - Avg. Volume
2,262,980 - Market Cap (intraday)
3.595B - Beta (5Y Monthly) 1.06
- PE Ratio (TTM)
-- - EPS (TTM)
-0.08 - Earnings Date Apr 24, 2024
- Forward Dividend & Yield 0.64 (4.08%)
- Ex-Dividend Date Mar 27, 2024
- 1y Target Est
17.59
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
Performance Overview: IRT
Trailing total returns as of 4/24/2024, 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
Valuation Measures
Market Cap
3.53B
Enterprise Value
6.05B
Trailing P/E
--
Forward P/E
38.17
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
5.32
Price/Book (mrq)
1.03
Enterprise Value/Revenue
9.16
Enterprise Value/EBITDA
20.80
Financial Highlights
Profitability and Income Statement
Profit Margin
-2.62%
Return on Assets (ttm)
1.40%
Return on Equity (ttm)
-0.49%
Revenue (ttm)
656.49M
Net Income Avi to Common (ttm)
-17.23M
Diluted EPS (ttm)
-0.08
Balance Sheet and Cash Flow
Total Cash (mrq)
52.79M
Total Debt/Equity (mrq)
71.54%
Levered Free Cash Flow (ttm)
-139.33M
Research Analysis: IRT
Company Insights: IRT
Fair Value
Dividend Score
Hiring Score
Insider Sentiment Score
Research Reports: IRT
IRT: Lowering target price to $17.00
INDEPENDENCE REALTY TRUST IN has an Investment Rating of BUY; a target price of $17.000000; 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 High.
RatingPrice TargetIRT: Raising target price to $20.00
INDEPENDENCE REALTY TRUST IN has an Investment Rating of BUY; a target price of $20.000000; 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 High.
RatingPrice TargetIRT: What does Argus have to say about IRT?
INDEPENDENCE REALTY TRUST IN has an Investment Rating of BUY; a target price of $17.000000; 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 High.
RatingPrice TargetIRT: What does Argus have to say about IRT?
INDEPENDENCE REALTY TRUST IN has an Investment Rating of BUY; a target price of $17.000000; 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 High.
RatingPrice Target