Independence Realty Trust, Inc. (IRT): Price and Financial Metrics


Independence Realty Trust, Inc. (IRT): $21.00

0.27 (+1.30%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

IRT POWR Grades


  • IRT scores best on the Growth dimension, with a Growth rank ahead of 89.68% of US stocks.
  • IRT's strongest trending metric is Stability; it's been moving down over the last 179 days.
  • IRT ranks lowest in Value; there it ranks in the 7th percentile.

IRT Stock Summary

  • With a price/earnings ratio of 133.01, Independence Realty Trust Inc P/E ratio is greater than that of about 95.31% of stocks in our set with positive earnings.
  • The price/operating cash flow metric for Independence Realty Trust Inc is higher than 96.15% of stocks in our set with a positive cash flow.
  • For IRT, its debt to operating expenses ratio is greater than that reported by 96.13% of US equities we're observing.
  • Stocks that are quantitatively similar to IRT, based on their financial statements, market capitalization, and price volatility, are KIM, EGP, DEI, EPRT, and ADC.
  • IRT's SEC filings can be seen here. And to visit Independence Realty Trust Inc's official web site, go to www.irtliving.com.

IRT Valuation Summary

  • In comparison to the median Real Estate stock, IRT's price/earnings ratio is 209.45% higher, now standing at 116.2.
  • Over the past 98 months, IRT's price/sales ratio has gone up 7.1.
  • IRT's EV/EBIT ratio has moved up 19.2 over the prior 98 months.

Below are key valuation metrics over time for IRT.

Stock Date P/S P/B P/E EV/EBIT
IRT 2021-09-02 9.9 2.9 116.2 60.3
IRT 2021-09-01 9.9 2.9 116.0 60.2
IRT 2021-08-31 9.7 2.9 114.4 59.7
IRT 2021-08-30 9.8 2.9 115.0 59.9
IRT 2021-08-27 9.7 2.9 114.2 59.6
IRT 2021-08-26 9.6 2.9 112.6 59.1

IRT Growth Metrics

    Its 2 year price growth rate is now at 0.21%.
  • Its 2 year net income to common stockholders growth rate is now at 45.51%.
  • The year over year cash and equivalents growth rate now stands at -78.93%.
IRT's revenue has moved up $55,235,000 over the prior 34 months.

The table below shows IRT's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2021-12-31 250.252 52.257 44.589
2021-09-30 227.424 88.118 29.235
2021-06-30 220.844 83.872 18.823
2021-03-31 215.668 83.913 16.226
2020-12-31 211.906 74.959 14.768
2020-09-30 209.246 76.21 25.291

IRT's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • IRT has a Quality Grade of D, ranking ahead of 11.29% of graded US stocks.
  • IRT's asset turnover comes in at 0.127 -- ranking 147th of 444 Trading stocks.
  • HLNE, FHI, and ADC are the stocks whose asset turnover ratios are most correlated with IRT.

The table below shows IRT's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-09-30 0.127 0.583 0.023
2021-06-30 0.126 0.575 0.020
2021-03-31 0.126 0.572 0.019
2020-12-31 0.123 0.568 0.019
2020-09-30 0.123 0.569 0.023
2020-06-30 0.122 0.572 0.025

IRT Price Target

For more insight on analysts targets of IRT, see our IRT price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $12.91 Average Broker Recommendation 1.65 (Moderate Buy)

IRT Stock Price Chart Interactive Chart >

Price chart for IRT

IRT Price/Volume Stats

Current price $21.00 52-week high $28.42
Prev. close $20.73 52-week low $16.50
Day low $20.36 Volume 1,894,200
Day high $21.00 Avg. volume 4,430,521
50-day MA $23.24 Dividend yield 2.67%
200-day MA $23.88 Market Cap 4.64B

Independence Realty Trust, Inc. (IRT) Company Bio


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 Latest News Stream


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Latest IRT News From Around the Web

Below are the latest news stories about Independence Realty Trust Inc that investors may wish to consider to help them evaluate IRT as an investment opportunity.

REIT Stocks To Watch: IRT Stock Bucks Down Market, Tests Buy Zone

Despite uncertainty and selling pressure in the market, IRT stock earns a spot among the top REIT stocks to watch as it tests a buy zone.

Yahoo | February 23, 2022

Independence Realty Trust (IRT) Upgraded to Strong Buy: Here's Why

Independence Realty Trust (IRT) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Yahoo | February 23, 2022

Independence Realty Trust (IRT) Is Up 2.12% in One Week: What You Should Know

Does Independence Realty Trust (IRT) have what it takes to be a top stock pick for momentum investors? Let's find out.

Yahoo | February 23, 2022

Best Momentum Stocks to Buy for February 23rd

TS, BAK, and IRT made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on February 23, 2022

Yahoo | February 23, 2022

Independence Realty Trust''s (IRT) Investor Presentation - Slideshow

No summary available.

Seeking Alpha | February 21, 2022

Read More 'IRT' Stories Here

IRT Price Returns

1-mo -10.98%
3-mo -19.49%
6-mo -12.39%
1-year 16.69%
3-year 95.74%
5-year 168.02%
YTD -17.78%
2021 96.41%
2020 0.28%
2019 62.55%
2018 -1.90%
2017 21.74%

IRT Dividends

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Continue Researching IRT

Here are a few links from around the web to help you further your research on Independence Realty Trust Inc's stock as an investment opportunity:

Independence Realty Trust Inc (IRT) Stock Price | Nasdaq
Independence Realty Trust Inc (IRT) Stock Quote, History and News - Yahoo Finance
Independence Realty Trust Inc (IRT) Stock Price and Basic Information | MarketWatch

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