Independence Realty Trust/$IRT
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About Independence Realty Trust
Independence Realty Trust Inc is a real estate investment trust (REIT) that acquires, owns, operates, improves and manages multifamily apartment communities across non-gateway U.S. markets. It owns and operates multifamily apartment properties, across non-gateway U.S markets, including Louisville, Memphis, Atlanta, and Raleigh. The company is focused on gaining scale within key amenity-rich submarkets that offer school districts, retail, and various employment centers.
Ticker
$IRT
Sector
Primary listing
NYSE
Industry
Residential REITs
Headquarters
Employees
917
ISIN
US45378A1060
Website
IRT Metrics
BasicAdvanced
$4.1B
136.48
$0.13
1.00
$0.64
3.82%
Price and volume
Market cap
$4.1B
Beta
1
52-week high
$21.87
52-week low
$17.10
Average daily volume
1.8M
Dividend rate
$0.64
Financial strength
Current ratio
0.417
Quick ratio
0.3
Long term debt to equity
62.071
Total debt to equity
62.897
Dividend payout ratio (TTM)
482.43%
Interest coverage (TTM)
1.68%
Profitability
EBITDA (TTM)
351.414
Gross margin (TTM)
58.71%
Net profit margin (TTM)
4.69%
Operating margin (TTM)
19.66%
Revenue per employee (TTM)
$700,000
Management effectiveness
Return on assets (TTM)
1.32%
Return on equity (TTM)
0.86%
Valuation
Price to earnings (TTM)
136.475
Price to revenue (TTM)
6.274
Price to book
1.2
Price to tangible book (TTM)
1.2
Price to free cash flow (TTM)
25.007
Free cash flow yield (TTM)
4.00%
Free cash flow per share (TTM)
71.10%
Dividend yield (TTM)
3.60%
Forward dividend yield
3.82%
Growth
Revenue change (TTM)
-2.06%
Earnings per share change (TTM)
-427.23%
3-year revenue growth (CAGR)
22.91%
10-year revenue growth (CAGR)
26.18%
3-year earnings per share growth (CAGR)
-46.56%
10-year earnings per share growth (CAGR)
30.70%
3-year dividend per share growth (CAGR)
10.06%
10-year dividend per share growth (CAGR)
-1.17%
Bulls say / Bears say
Independence Realty Trust's recent sale of four properties for $200.7 million has enabled the company to repay $196.8 million in debt, enhancing financial flexibility and reducing leverage. (businesswire.com)
Analysts have shown confidence in IRT, with Deutsche Bank raising its price target from $18.00 to $22.00 and assigning a 'buy' rating, indicating potential for stock appreciation. (marketbeat.com)
Institutional investors are increasing their positions in IRT, with Algert Global LLC raising its stake by 12.5% in the fourth quarter, reflecting positive sentiment towards the company's prospects. (marketbeat.com)
Barclays has lowered its price target for IRT from $23.00 to $21.00, maintaining an 'equal weight' rating, suggesting limited upside potential. (americanbankingnews.com)
CEO Scott Schaeffer sold 10,000 shares of IRT stock in April 2025, which could be perceived as a lack of confidence in the company's near-term performance. (marketbeat.com)
The recent federal appeals court ruling requiring the U.S. government to face claims over the pandemic eviction moratorium may introduce uncertainties for residential REITs like IRT. (reuters.com)
Data summarised monthly by Lightyear AI. Last updated on 7 Jun 2025.
IRT News
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Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.
Capital at risk
Upcoming events
Jun27
Independence Realty Trust
Dividend·Ex-dividend
Jul18
Independence Realty Trust
Dividend·Payment
$0.17Per share
FAQs
What’s the current market cap for Independence Realty Trust stock?
Independence Realty Trust (IRT) has a market cap of $4.1B as of June 20, 2025.
What is the P/E ratio for Independence Realty Trust stock?
The price to earnings (P/E) ratio for Independence Realty Trust (IRT) stock is 136.48 as of June 20, 2025.
Does Independence Realty Trust stock pay dividends?
Yes, the Independence Realty Trust (IRT) stock pays dividends to shareholders. As of June 20, 2025, the dividend rate is $0.64 and the yield is 3.82%. Independence Realty Trust has a payout ratio of 482.43% on a trailing twelve-month basis.
When is the next Independence Realty Trust dividend payment date?
The next Independence Realty Trust (IRT) dividend payment is scheduled for July 18, 2025.
What is the beta indicator for Independence Realty Trust?
Independence Realty Trust (IRT) has a beta rating of 1. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.