Independence Realty Reports Q2 2025 Financial Results

The latest announcement is out from Independence Realty ( (IRT) ).

Independence Realty Trust announced its financial results for the second quarter of 2025, reporting an EPS of $0.03 and CFFO per share of $0.28, both aligning with expectations. The company achieved a 2.0% increase in same-store portfolio NOI, supported by stable occupancy and rental rate growth, while operating expenses declined by 0.6% due to operational efficiencies and favorable insurance renewals. IRT completed 454 renovations in its value-add program, achieving an average ROI of 16.2%. The company is evaluating future acquisitions, with two communities in Orlando under contract for Q3 2025, and has identified three properties for disposition in the second half of the year. Despite a slight decrease in net income compared to the previous year, IRT maintains a strong balance sheet with conservative leverage and ample liquidity to support growth.

The most recent analyst rating on (IRT) stock is a Buy with a $22.00 price target. To see the full list of analyst forecasts on Independence Realty stock, see the IRT Stock Forecast page.

Spark’s Take on IRT Stock

According to Spark, TipRanks’ AI Analyst, IRT is a Neutral.

Independence Realty Trust’s stock score is primarily influenced by its solid financial performance and mixed earnings call results. While technical analysis and valuation reveal some downside risks, the company’s strong cash flow and acquisition pipeline provide a stable investment backdrop. Investors should be cautious of the high P/E ratio and monitor market trends.

To see Spark’s full report on IRT stock, click here.

More about Independence Realty

Independence Realty Trust, Inc. (IRT) is a multifamily apartment Real Estate Investment Trust (REIT) that focuses on acquiring and managing apartment communities. The company operates in high-growth markets, aiming to enhance its portfolio through strategic acquisitions and renovations.

Average Trading Volume: 2,285,877

Technical Sentiment Signal: Hold

Current Market Cap: $4.12B

For a thorough assessment of IRT stock, go to TipRanks’ Stock Analysis page.