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Independence Realty (IRT)
NYSE:IRT
IRT Stock Chart & Stats
$17.17
-$0.11(-0.59%)
At close: 4:00 PM EST
$17.17
-$0.11(-0.59%)
Day’s Range― - ―
52-Week Range$15.07 - $21.87
Previous CloseN/A
Volume625.91K
Average Volume (3M)2.46M
Market Cap
$4.24B
Enterprise Value$6.22B
Total Cash (Recent Filing)$23.29M
Total Debt (Recent Filing)$2.30B
Price to Earnings (P/E)181.6
Beta0.59
Next Earnings
Feb 18, 2026EPS Estimate
0.09Next Dividend Ex-DateN/A
Dividend Yield3.88%
Share Statistics
EPS (TTM)0.03
Shares Outstanding239,112,980
10 Day Avg. Volume1,971,987
30 Day Avg. Volume2,458,453
Financial Highlights & Ratios
PEG Ratio-0.35
Price to Book (P/B)1.30
Price to Sales (P/S)6.97
P/FCF Ratio52.66
Enterprise Value/Market Cap1.47
Enterprise Value/Revenue9.54
Enterprise Value/Gross Profit16.15
Enterprise Value/Ebitda17.40
Forecast
1Y Price Target
$20.44Price Target Upside19.06% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Sunbelt DemandAnalyst highlights that continued net migration and above-average population growth in Sunbelt markets should sustain demand for the company's affordable rental housing, supporting occupancy and rent resilience.
Supply DynamicsAnalyst expects easing of new apartment supply to reduce competitive pressure, which should support rent growth and occupancy at the company's properties.
ValuationAnalyst upgraded the stock and noted the company trades at a valuation discount to peers, which could attract value-focused investors and narrow the peer gap if supply pressures remain subdued.
Bears Say
Acquisition SlowdownA significant cutback in acquisition activity signals limited near-term portfolio expansion, which could slow earnings growth until acquisitions or reinvestment pick up.
Southeast Market WeaknessWeaker markets in the Southeast are weighing on performance, reducing local rental demand and putting pressure on occupancy and revenue in affected assets.
Underperforming Rent GrowthProjected rent growth in several key MSAs is among the weakest in the sector, with markets like Atlanta and Austin likely to limit revenue upside.
Independence Realty News
IRT FAQ
What was Independence Realty’s price range in the past 12 months?
Independence Realty lowest stock price was $15.06 and its highest was $21.86 in the past 12 months.
What is Independence Realty’s market cap?
Independence Realty’s market cap is $4.24B.
When is Independence Realty’s upcoming earnings report date?
Independence Realty’s upcoming earnings report date is Feb 18, 2026 which is in 35 days.
How were Independence Realty’s earnings last quarter?
Independence Realty released its earnings results on Oct 30, 2025. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.08 by -$0.05.
Is Independence Realty overvalued?
According to Wall Street analysts Independence Realty’s price is currently Undervalued.
Does Independence Realty pay dividends?
Independence Realty pays a Quarterly dividend of $0.17 which represents an annual dividend yield of 3.88%. See more information on Independence Realty dividends here
What is Independence Realty’s EPS estimate?
Independence Realty’s EPS estimate is 0.09.
How many shares outstanding does Independence Realty have?
Independence Realty has 239,112,980 shares outstanding.
What happened to Independence Realty’s price movement after its last earnings report?
Independence Realty reported an EPS of $0.03 in its last earnings report, missing expectations of $0.08. Following the earnings report the stock price went up 1.015%.
Which hedge fund is a major shareholder of Independence Realty?
Currently, no hedge funds are holding shares in IRT
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Independence Realty Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$20.44 (19.06% Upside)
$20.44 (19.06% Upside)
Blogger Sentiment
Bullish
IRT Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 1.4M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.4%
Last 30 Days ▲ 7.1%
Last 30 Days ▲ 7.1%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-3.16%
12-Months-Change
Fundamentals
Return on Equity
0.65%
Trailing 12-Months
Asset Growth
2.43%
Trailing 12-Months
Company Description
Independence Realty
Independence Realty Trust, Inc. (NYSE: IRT) is a real estate investment trust that owns and operates multifamily apartment properties across non-gateway U.S. markets, including Atlanta, Louisville, Memphis, and Raleigh. IRT's investment strategy is focused on gaining scale within key amenity rich submarkets that offer good school districts, high-quality retail and major employment centers. IRT aims to provide stockholders attractive risk-adjusted returns through diligent portfolio management, strong operational performance, and a consistent return on capital through distributions and capital appreciation.
IRT Earnings Call
Q3 2025
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call reflected a generally stable performance with improvement in occupancy and revenue growth supported by successful renovations and market recovery in some areas. However, challenges in certain markets with high supply and a notable impairment in Denver highlighted ongoing pressures. The balance of highlights and lowlights suggests cautious optimism moving forward.View all IRT earnings summariesIRT Stock 12 Month Forecast
Average Price Target
$20.44
▲(19.06% Upside)
Technical Analysis
Apartment Investment & Management
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Centerspace
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NexPoint Residential
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Millrose Properties Inc Class A
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Ownership Overview
0.70% Insiders
32.43% Mutual Funds
22.82% Other Institutional Investors
14.22% Public Companies and
Individual Investors