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


Independence Realty Trust, Inc. (IRT)

Today's Latest Price: $11.62 USD

0.70 (6.41%)

Updated Jun 5 4:10pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 20 in REITs - Residential

See all "A" rated Strong Buy stocks

IRT Stock Summary

  • Of note is the ratio of Independence Realty Trust Inc's sales and general administrative expense to its total operating expenses; merely 10.91% of US stocks have a lower such ratio.
  • For IRT, its debt to operating expenses ratio is greater than that reported by 94.43% of US equities we're observing.
  • IRT's price/sales ratio is 5.04; that's higher than the P/S ratio of 78.25% of US stocks.
  • Stocks with similar financial metrics, market capitalization, and price volatility to Independence Realty Trust Inc are ADC, EPR, BRG, GNL, and NHI.
  • Visit IRT's SEC page to see the company's official filings. To visit the company's web site, go to www.irtliving.com.
IRT Daily Price Range
IRT 52-Week Price Range

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IRT Price/Volume Stats

Current price $11.62 52-week high $16.85
Prev. close $10.92 52-week low $6.86
Day low $11.20 Volume 790,918
Day high $11.77 Avg. volume 906,868
50-day MA $9.43 Dividend yield 6.59%
200-day MA $13.00 Market Cap 1.10B

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 Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target:Forecasted Gain:
$11.62$7.74-29%

We started the process of determining a valid price forecast for Independence Realty Trust Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Independence Realty Trust Inc ranked in the 41th 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:

  • In the past 5.75 years, Independence Realty Trust Inc has a compound free cash flow growth rate of 0.24%; that's better than 67.83% 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 only 0% of US stocks with positive free cash flow.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%-30%
1%-30%
2%-29%
3%-28%
4%-28%
5%-27%

For other companies in the Real Estate that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as IRT, try HT, WRE, JLL, RLGY, and ALX.


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.

Is the Options Market Predicting a Spike in Independence Realty Trust (IRT) Stock?

Investors need to pay close attention to Independence Realty Trust (IRT) stock based on the movements in the options market lately.

Yahoo | June 3, 2020

Independence Realty Trust Provides Business Update

PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust Provides Business Update

Business Wire | June 1, 2020

Edited Transcript of IRT earnings conference call or presentation 7-May-20 1:00pm GMT

Q1 2020 Independence Realty Trust Inc Earnings Call

Yahoo | May 24, 2020

Independence Realty Trust Inc (IRT) Q1 2020 Earnings Call Transcript

Thank you for joining us to review Independence Realty Trust's first quarter 2020 financial results. On the call with me today, are Scott Schaeffer, our CEO, Jim Sebra, our Chief Financial Officer and Farrell Ender, President of IRT.

Yahoo | May 8, 2020

Independence Realty Trust (IRT) Meets Q1 FFO Estimates

Independence Realty Trust (IRT) delivered FFO and revenue surprises of 0.00% and -1.89%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Zacks Investment Research | May 6, 2020

Read More 'IRT' Stories Here

IRT Price Returns

1-mo 23.09%
3-mo -17.36%
6-mo -18.66%
1-year 9.18%
3-year 44.42%
5-year 98.23%
YTD -15.78%
2019 62.55%
2018 -1.90%
2017 21.74%
2016 30.07%
2015 -11.90%

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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