Independence Realty Trust, Inc. (IRT)
NYSE: IRT · Real-Time Price · USD
16.53
-0.22 (-1.31%)
At close: Dec 5, 2025, 4:00 PM EST
16.20
-0.33 (-2.00%)
After-hours: Dec 5, 2025, 7:38 PM EST

Independence Realty Trust Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for Independence Realty Trust stock have an average target of 21.56, with a low estimate of 18.5 and a high estimate of 25. The average target predicts an increase of 30.43% from the current stock price of 16.53.

Analyst Consensus: Buy
Target Low Average Median High
Price $18.5 $21.56 $21 $25
Change +11.92% +30.43% +27.04% +51.24%

Analyst Ratings

The average analyst rating for Independence Realty Trust stock from 8 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Jul '25Aug '25Sep '25Oct '25Nov '25Dec '25
Strong Buy 444433
Buy 333323
Hold 322212
Sell 000000
Strong Sell 000000
Total 1099968

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Keybanc
Keybanc
Buy
Maintains
$22$21
Buy Maintains $22$21 +27.04% Dec 4, 2025
Colliers Securities
Colliers Securities
Hold
Downgrades
$20$19
Hold Downgrades $20$19 +11.92% Dec 4, 2025
Barclays
Barclays
Hold
Maintains
$20$21
Hold Maintains $20$21 +27.04% Nov 25, 2025
UBS
UBS
Strong Buy
Maintains
$21$19
Strong Buy Maintains $21$19 +14.94% Nov 10, 2025
Wells Fargo
Wells Fargo
Buy
Maintains
$24$20
Buy Maintains $24$20 +20.99% Aug 27, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
667.20M
from 640.38M
Increased by 4.19%
Revenue Next Year
698.71M
from 667.20M
Increased by 4.72%
EPS This Year
0.24
from 0.17
Increased by 39.62%
EPS Next Year
0.25
from 0.24
Increased by 6.91%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
211.91M250.25M626.36M656.50M640.38M667.20M698.71M
Revenue Growth
4.27%18.10%150.29%4.81%-2.45%4.19%4.72%
EPS
0.160.410.53-0.080.170.240.25
EPS Growth
-69.08%160.03%28.84%--39.62%6.91%
Forward PE
-----69.6465.14
No. Analysts -----99
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2025202620272028
High 706.0M 756.1M
Avg 667.2M 698.7M
Low 635.7M 647.9M

Revenue Growth

Revenue Growth 2025202620272028
High
10.2%
13.3%
Avg
4.2%
4.7%
Low
-0.7%
-2.9%

EPS Forecast

EPS 202520262027
High 0.40 0.34
Avg 0.24 0.25
Low 0.16 0.20

EPS Growth

EPS Growth 202520262027
High
134.7%
41.6%
Avg
39.6%
6.9%
Low
-7.8%
-17.4%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.