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


Independence Realty Trust, Inc. (IRT)

Today's Latest Price: $13.69 USD

0.07 (0.51%)

Updated Jan 26 4:00pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 28 in REITs - Residential

See all "A" rated Strong Buy stocks

IRT Stock Summary

  • With a price/earnings ratio of 51.07, Independence Realty Trust Inc P/E ratio is greater than that of about 78.59% of stocks in our set 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 8.22% of US stocks have a lower such ratio.
  • The ratio of debt to operating expenses for Independence Realty Trust Inc is higher than it is for about 92.56% of US stocks.
  • If you're looking for stocks that are quantitatively similar to Independence Realty Trust Inc, a group of peers worth examining would be HT, ADC, AHH, AFIN, 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 $13.69 52-week high $16.85
Prev. close $13.62 52-week low $6.86
Day low $13.53 Volume 416,020
Day high $13.71 Avg. volume 414,069
50-day MA $13.36 Dividend yield 3.52%
200-day MA $11.69 Market Cap 1.30B

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:
$13.69$5.72 -58%

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 FlowReturn Relative to Current Share Price
0%-59%
1%-58%
2%-58%
3%-58%
4%-57%
5%-57%

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.


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.

Independence Realty Trust Announces Fourth Quarter and Full Year 2020 Earnings Release and Conference Call Dates

PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust Announces Fourth Quarter and Full Year 2020 Earnings Release and Conference Call Dates

Business Wire | January 19, 2021

Independence Realty: Great Business, Not Great Price

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...

Josh Arnold on Seeking Alpha | January 11, 2021

Independence Realty Trust Appoints Lisa Washington to Board of Directors

PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust Appoints Lisa Washington to Board of Directors

Business Wire | January 5, 2021

Understanding Independence Realty Trust's Ex-Dividend Date

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...

Yahoo | December 28, 2020

Independence Realty Trust Announces Fourth Quarter 2020 Dividend

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

Business Wire | December 14, 2020

Read More 'IRT' Stories Here

IRT Price Returns

1-mo N/A
3-mo 21.26%
6-mo 21.99%
1-year -3.53%
3-year 72.95%
5-year 186.84%
YTD 1.94%
2020 0.28%
2019 62.55%
2018 -1.90%
2017 21.74%
2016 30.07%

IRT Dividends

Ex-Dividend Date Type Payout Amount Change
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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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