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Independence Realty (IRT)
NYSE:IRT
IRT Stock Chart & Stats
$16.56
-$0.11(-0.59%)
At close: 4:00 PM EST
$16.56
-$0.11(-0.59%)
Day’s Range― - ―
52-Week Range$15.07 - $22.26
Previous CloseN/A
Volume625.91K
Average Volume (3M)3.23M
Market Cap
$4.06B
Enterprise Value$6.22B
Total Cash (Recent Filing)$23.29M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)173.6
Beta0.65
Next Earnings
Feb 18, 2026EPS Estimate
0.1Last Dividend Ex-Date
Sep 30, 2025Dividend Yield3.99%
Share Statistics
EPS (TTM)0.03
Shares Outstanding239,112,980
10 Day Avg. Volume4,258,181
30 Day Avg. Volume3,232,073
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 Cap1.53
Enterprise Value/Revenue9.54
Enterprise Value/Gross Profit21.66
Enterprise Value/Ebitda19.52
Forecast
1Y Price Target
$20.79Price Target Upside25.54% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering12
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Guidance And PerformanceThe company maintained 2025 Core FFOps guidance and same-store components, supported by lower interest expense and acquisition assumptions, and improved bad debt.
Portfolio ManagementManagement raised guidance for 2025 acquisitions and dispositions, indicating opportunities to trade out older vintages for newer communities with lower capex requirements.
Regional GrowthWithin the portfolio, portions of the Sun Belt (Tampa, Orlando) and the Midwest (Indianapolis, Columbus) are improving, which could help offset continued supply pressures impacting other markets like Dallas.
Bears Say
Acquisition StrategyReduced acquisition guidance by $400M to $215M, implying no further acquisitions in 4Q25.
Lease DynamicsNew lease trade outs improved sequentially, though remain negative as supply pressures in various markets ease but have not fully dissipated.
Pricing PressureBlended rates decelerated -60bps q/q to +0.1% in 3Q25 and IRT indicated +0.2% blended in 4Q25 — an aggressive assumption in our view, given seasonality.
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 $22.26 in the past 12 months.
What is Independence Realty’s market cap?
Independence Realty’s market cap is $4.06B.
When is Independence Realty’s upcoming earnings report date?
Independence Realty’s upcoming earnings report date is Feb 18, 2026 which is in 96 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 3.99%. See more information on Independence Realty dividends here
What is Independence Realty’s EPS estimate?
Independence Realty’s EPS estimate is 0.1.
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
Independence Realty Stock Smart Score
Underperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$20.79 (25.54% Upside)
$20.79 (25.54% Upside)
Blogger Sentiment
Bullish
IRT Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 2.0M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 1.1%
Last 30 Days ▲ 3.2%
Last 30 Days ▲ 3.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-16.72%
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
$20.79
▲(25.54% Upside)
Technical Analysis
Apartment Investment & Management
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Ownership Overview
0.71% Insiders
36.34% Mutual Funds
0.85% Other Institutional Investors
31.97% Public Companies and
Individual Investors