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 32th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. As for the metrics that stood out in our discounted cash flow analysis of Independence Realty Trust Inc, consider:
Independence Realty Trust Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than just 0% of US stocks with positive free cash flow.
The weighted average cost of capital for the company is 9. This value is greater than 60.41% stocks in the Real Estate sector that generate free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Real Estate that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as IRT, try KRG, SBAC, BXP, SITC, and OHI.
Image source REITs of all kinds have been pretty awful investments in the past year, with massive price depreciation and dividend cuts being the norm. For holders of these stocks, 2020 surely would have been painful. There are some REITs, however, that have shined above the rest, and one that...
On December 14, 2020, Independence Realty Trust (NYSE:IRT) announced shareholders can expect to receive a dividend payable on January 22, 2021. The stock will then go ex-dividend 1 business day(s) before the record date. Independence Realty Trust, which has a current dividend per share of $0.12, has an ex-dividend date scheduled for December 29, 2020. That equates to a dividend yield of 3.63% at current price levels.Understanding Ex-Dividend Dates'Ex-dividend dates are when company shares stop trading with their current dividend payouts in preparation for those companies to announce new ones. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does...