Independence Realty Trust, Inc is an equity real estate investment trust launched by RAIT Financial Trust. It makes investments in apartment properties to create its portfolio. The company was founded in 2009 and is based in Philadelphia, Pennsylvania.
IRT Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Independence Realty Trust Inc. To summarize, we found that Independence Realty Trust Inc ranked in the 38th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. In terms of the factors that were most noteworthy in this DCF analysis for IRT, they are:
The compound growth rate in the free cash flow of Independence Realty Trust Inc over the past 5.63 years is 0.23%; that's better than 63.42% of cash flow producing equities in the Real Estate sector, where it is classified.
Independence Realty Trust Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than merely 0% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Independence Realty Trust Inc? See VTR, SPG, CUZ, RYN, and UE.
It's too soon to call the bottom in rent growth, Baird says, assuming coverage of the Apartment REIT sector at Market Weight. The firm doesn't subscribe to the narrative of a permanent pandemic shift away from cities or apartment living, it says, but the sector will face "demographic and supply...
Ladies and gentlemen, thank you for standing by and welcome to the Q2 2020 Independence Realty Trust Earnings Conference Call. Now, I would like to hand the conference over to Ms. Lauren Torres. On the call with me today are Scott Schaeffer, our Chairman of the Board and Chief Executive Officer; James Sebra, our Chief Financial Officer and And Farrell Ender, President of IRT.