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


Independence Realty Trust, Inc. (IRT)

Today's Latest Price: $13.28 USD

0.26 (2.00%)

Updated Dec 2 4:00pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 21 in REITs - Residential

See all "A" rated Strong Buy stocks

IRT Stock Summary

  • IRT's current price/earnings ratio is 48.82, which is higher than 80.22% of US stocks with positive earnings.
  • Of note is the ratio of Independence Realty Trust Inc's sales and general administrative expense to its total operating expenses; merely 8.23% of US stocks have a lower such ratio.
  • For IRT, its debt to operating expenses ratio is greater than that reported by 92.6% of US equities we're observing.
  • Stocks that are quantitatively similar to IRT, based on their financial statements, market capitalization, and price volatility, are OTTR, CUBE, ADC, AHH, and GTY.
  • 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 Stock Price Chart Interactive Chart >

Price chart for IRT

IRT Price/Volume Stats

Current price $13.28 52-week high $16.85
Prev. close $13.02 52-week low $6.86
Day low $13.02 Volume 598,167
Day high $13.36 Avg. volume 769,703
50-day MA $12.37 Dividend yield 3.69%
200-day MA $11.29 Market Cap 1.26B

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:
$13.28$8.44 -35%

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 FlowReturn Relative to Current Share Price
0%-37%
1%-36%
2%-35%
3%-35%
4%-34%
5%-33%

Want more companies with a valuation profile/forecast similar to that of Independence Realty Trust Inc? See VTR, SPG, CUZ, RYN, and UE.


IRT Latest News Stream


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IRT Latest Social 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.

Wait for rent growth to bottom on these apartment REITs - Baird

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...

Seeking Alpha | September 15, 2020

Independence Realty Trust Announces Third Quarter 2020 Dividend

PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust Announces Third Quarter 2020 Dividend

Business Wire | September 15, 2020

Independence Realty Trust Inc (IRT) Q2 2020 Earnings Call Transcript

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.

Yahoo | July 30, 2020

Independence Realty Trust Announces Second Quarter 2020 Financial Results

PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust Announces Second Quarter 2020 Financial Results

Business Wire | July 29, 2020

Independence Realty Trust (IRT) Matches Q2 FFO Estimates

Independence Realty Trust (IRT) delivered FFO and revenue surprises of 0.00% and -1.15%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Yahoo | July 29, 2020

Read More 'IRT' Stories Here

IRT Price Returns

1-mo 4.98%
3-mo 10.90%
6-mo 16.70%
1-year -4.23%
3-year 55.97%
5-year 145.88%
YTD -1.71%
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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