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


Independence Realty Trust, Inc. (IRT): $17.94

0.13 (+0.73%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

IRT POWR Grades

  • Growth is the dimension where IRT ranks best; there it ranks ahead of 84.23% of US stocks.
  • The strongest trend for IRT is in Quality, which has been heading down over the past 178 days.
  • IRT's current lowest rank is in the Quality metric (where it is better than 7.18% of US 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 3.49% of US stocks have a lower such ratio.
  • In terms of twelve month growth in earnings before interest and taxes, INDEPENDENCE REALTY TRUST INC is reporting a growth rate of 192.71%; that's higher than 91.82% of US stocks.
  • As for revenue growth, note that IRT's revenue has grown 138.6% over the past 12 months; that beats the revenue growth of 94.05% of US companies in our set.
  • Stocks with similar financial metrics, market capitalization, and price volatility to INDEPENDENCE REALTY TRUST INC are CUBE, CUZ, STAG, ALE, and PEAK.
  • 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 Valuation Summary

  • IRT's price/sales ratio is 7.3; this is 55.32% higher than that of the median Real Estate stock.
  • IRT's price/sales ratio has moved up 4.5 over the prior 113 months.

Below are key valuation metrics over time for IRT.

Stock Date P/S P/B P/E EV/EBIT
IRT 2022-11-29 7.3 1.1 35.1 35.3
IRT 2022-11-28 7.1 1.1 34.4 34.9
IRT 2022-11-25 7.2 1.1 34.9 35.2
IRT 2022-11-23 7.2 1.1 34.7 35.1
IRT 2022-11-22 7.3 1.1 35.1 35.3
IRT 2022-11-21 7.3 1.1 35.1 35.3

IRT Growth Metrics

    Its 3 year price growth rate is now at 136.3%.
  • Its year over year net income to common stockholders growth rate is now at 627.86%.
  • Its year over year net cashflow from operations growth rate is now at -13.96%.
IRT's revenue has moved up $321,797,000 over the prior 15 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
2022-09-30 542.641 169.773 112.233
2022-06-30 442.821 120.592 107.512
2022-03-31 345.502 72.199 118.103
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

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 $17.94 52-week high $28.42
Prev. close $17.81 52-week low $15.04
Day low $17.56 Volume 1,671,300
Day high $18.08 Avg. volume 3,246,223
50-day MA $16.72 Dividend yield 3.12%
200-day MA $21.47 Market Cap 4.02B

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.

Here's Why We Think Independence Realty Trust (NYSE:IRT) Might Deserve Your Attention Today

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...

Yahoo | November 16, 2022

Independence Realty Trust Provides Business Update in Advance of Participating in Nareit’s REITworld 2022 Annual Conference

PHILADELPHIA, November 08, 2022--Independence Realty Trust, Inc. (NYSE: IRT) ("IRT") today announced that Scott Schaeffer, IRT’s Chairman and CEO, and Jim Sebra, IRT’s CFO are scheduled to host meetings with investors and analysts at Nareit’s REITworld 2022 Annual Conference on November 15-16 at the Marriott Marquis in San Francisco. In advance of these upcoming meetings, IRT has provided an operating update.

Yahoo | November 8, 2022

Independence Realty Trust (IRT) Tops Q3 FFO Estimates

Independence Realty Trust (IRT) delivered FFO and revenue surprises of 3.70% and 0.07%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Yahoo | October 26, 2022

Independence Realty Trust Announces Third Quarter 2022 Financial Results

PHILADELPHIA, October 26, 2022--Independence Realty Trust, Inc. ("IRT") (NYSE: IRT), a multifamily apartment REIT, today announced its third quarter 2022 financial results.

Yahoo | October 26, 2022

Independence Realty Trust (NYSE:IRT) delivers shareholders decent 14% CAGR over 5 years, surging 4.6% in the last week alone

While Independence Realty Trust, Inc. ( NYSE:IRT ) shareholders are probably generally happy, the stock hasn't had...

Yahoo | October 23, 2022

Read More 'IRT' Stories Here

IRT Price Returns

1-mo 9.06%
3-mo -6.42%
6-mo -21.16%
1-year -26.11%
3-year 34.72%
5-year 122.87%
YTD -29.18%
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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