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
Employees
917
Headquarters
Website
IRT Metrics
BasicAdvanced
$4B
140.65
$0.12
0.95
$0.65
4.02%
Price and volume
Market cap
$4B
Beta
0.95
52-week high
$21.87
52-week low
$16.59
Average daily volume
2.5M
Dividend rate
$0.65
Financial strength
Current ratio
1.08
Quick ratio
0.126
Long term debt to equity
63.14
Total debt to equity
63.358
Dividend payout ratio (TTM)
526.03%
Interest coverage (TTM)
1.64%
Profitability
EBITDA (TTM)
339.509
Gross margin (TTM)
59.04%
Net profit margin (TTM)
4.30%
Operating margin (TTM)
19.31%
Revenue per employee (TTM)
$700,000
Management effectiveness
Return on assets (TTM)
1.31%
Return on equity (TTM)
0.80%
Valuation
Price to earnings (TTM)
140.647
Price to revenue (TTM)
5.994
Price to book
1.16
Price to tangible book (TTM)
1.16
Price to free cash flow (TTM)
24.322
Free cash flow yield (TTM)
4.11%
Free cash flow per share (TTM)
0.696
Dividend yield (TTM)
3.84%
Forward dividend yield
4.02%
Growth
Revenue change (TTM)
-0.47%
Earnings per share change (TTM)
-412.35%
3-year revenue growth (CAGR)
13.38%
10-year revenue growth (CAGR)
24.22%
3-year earnings per share growth (CAGR)
-42.54%
10-year earnings per share growth (CAGR)
30.85%
3-year dividend per share growth (CAGR)
9.14%
10-year dividend per share growth (CAGR)
-1.02%
Bulls say / Bears say
Operating cash flow for Q1 2025 rose 37% year-over-year to $60.4 million, driven by higher occupancy, rent growth, and tax optimization initiatives (SEC Form 10-Q)
The board approved a 6.3% increase in the Q2 2025 dividend to $0.17 per share, which reflects confidence in the stability of free cash flow (Business Wire)
A revised credit agreement extended the unsecured revolver facility to $750 million, pushed maturity out to January 2029, and reduced interest margins, strengthening liquidity and lowering funding costs (SEC Form 10-Q)
Net indebtedness of $2.254 billion is significantly higher than cash reserves of $29.1 million as of March 31, 2025, which leaves the company with a limited liquidity cushion against its obligations (SEC Form 10-Q)
The weighted average effective interest rate on all consolidated debt was 4.3% in Q1 2025, exposing cash flows to the risk of higher SOFR-based borrowing costs (SEC Form 10-Q)
IRT faces refinancing risk, with $600 million in unsecured term loans and $192 million drawn on its revolver set to mature between 2026 and 2029, amid unstable credit markets (SEC Form 10-Q)
Data summarised monthly by Lightyear AI. Last updated on 30 Aug 2025.
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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
Sept30
Independence Realty Trust
DividendEx-dividend
Oct24
Independence Realty Trust
DividendPayment
$0.17Per share
FAQs
What’s the current market cap for Independence Realty Trust stock?
Independence Realty Trust (IRT) has a market cap of $4B as of September 18, 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 140.65 as of September 18, 2025.
Does Independence Realty Trust stock pay dividends?
Yes, the Independence Realty Trust (IRT) stock pays dividends to shareholders. As of September 18, 2025, the dividend rate is $0.65 and the yield is 4.02%. Independence Realty Trust has a payout ratio of 526.03% 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 October 24, 2025.
What is the beta indicator for Independence Realty Trust?
Independence Realty Trust (IRT) has a beta rating of 0.95. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.