
INDEPENDENCE REALTY TRUST IN
IRTNYSETrading Snapshot
- Day Range
- $16.56 β $16.72
- 52-Week Range
- $14.60 β $18.18
- Volume
- $1.89B
- Avg Volume
- $1.82B
- Shares Outstanding
- 235.7M
- Next Earnings
- Sep 25, 2026
Fundamentals Snapshot
- Annual Revenue
- $658M
- Last Q Revenue
- $167M
- P/E Ratio
- 90.5
- P/S Ratio
- 5.9x
- EPS (TTM)
- $0.18
- Dividend Yield
- 4.15%
Why Investors Own IRT
- βHigh-growth profile β revenue up +48.3% YoY with expanding US Equity exposure.
- βHealthy economics β 75% gross margin and 17% free-cash-flow margin.
- βNew products and segments could unlock additional revenue streams.
Execution delays, intensifying competition, and valuation compression if growth decelerates.
Financial Trends
About INDEPENDENCE REALTY TRUST IN
Independence Realty Trust (IRT), publicly traded as NYSE: IRT, operates as a real estate investment trust specializing in owning and managing multifamily apartment communities. Their portfolio is concentrated in non-gateway U.S. markets such as Atlanta, Louisville, Memphis, and Raleigh. The company's strategy involves establishing a strong presence in select, amenity-rich submarkets, which are identified by features like excellent school systems, quality retail establishments, and significant employment hubs. Ultimately, IRT seeks to deliver appealing risk-adjusted returns to its shareholders. This is accomplished through meticulous portfolio oversight, robust operational execution, and a reliable return on capital, generated via both dividend distributions and asset value appreciation.
Otter Score Breakdown
βAnalyst Price Target
βLatest News & Updates
INDEPENDENCE REALTY TRUST IN tops quarterly estimates as demand accelerates
Revenue grew double digits with management guiding above consensus; margins continued to expand.
Analysts lift IRT price targets on improving margins
Several firms raised targets, citing stronger free cash flow and a healthier backlog.
INDEPENDENCE REALTY TRUST IN announces new agreement to expand its footprint
The move broadens the companyβs reach and could add incremental revenue over the next year.