Independence Realty Trust Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for Independence Realty Trust stock have an average target of 20.45, with a low estimate of 18 and a high estimate of 25. The average target predicts an increase of 25.31% from the current stock price of 16.32.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$18	$20.45	$20	$25
Change	+10.29%	+25.31%	+22.55%	+53.19%

Analyst Ratings

The average analyst rating for Independence Realty Trust stock from 10 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	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26
Strong Buy	3	3	3	3	3	2
Buy	2	3	4	4	5	5
Hold	1	2	2	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	8	9	10	11	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
James Feldman Wells Fargo	Wells Fargo	Buy Maintains $19 → $18	Buy	Maintains	$19 → $18	+10.29%	Apr 23, 2026
Richard Hightower Barclays	Barclays	Hold Maintains $21 → $18	Hold	Maintains	$21 → $18	+10.29%	Mar 6, 2026
James Feldman Wells Fargo	Wells Fargo	Buy Maintains $20 → $19	Buy	Maintains	$20 → $19	+16.42%	Mar 5, 2026
Nick Joseph Citigroup	Citigroup	Hold Maintains $20 → $18	Hold	Maintains	$20 → $18	+10.29%	Feb 18, 2026
John Kim BMO Capital	BMO Capital	Hold → Buy Upgrades $20 → $22	Hold → Buy	Upgrades	$20 → $22	+34.80%	Jan 9, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

690.20M

from 668.76M

3.21%

from 668.76M

Revenue Next Year

714.64M

from 690.20M

3.54%

from 690.20M

EPS This Year

0.22

from 0.24

-6.36%

from 0.24

EPS Next Year

0.25

from 0.22

9.66%

from 0.22

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	250.25M	626.36M	656.50M	640.38M	668.76M	690.20M	714.64M
Revenue Growth	18.10%	150.29%	4.81%	-2.45%	4.43%	3.21%	3.54%
EPS	0.41	0.53	-0.08	0.17	0.24	0.22	0.25
EPS Growth	160.03%	28.84%	-	-	41.18%	-6.36%	9.66%
Forward PE	-	-	-	-	-	72.62	66.22
No. Analysts	-	-	-	-	-	9	6

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	743.6M	778.1M
Avg	690.2M	714.6M
Low	643.5M	668.2M

Revenue Growth

Revenue Growth	2026	2027
High	11.2%	12.7%
Avg	3.2%	3.5%
Low	-3.8%	-3.2%

EPS Forecast

EPS	2026	2027
High	0.35	0.36
Avg	0.22	0.25
Low	0.13	0.20

EPS Growth

EPS Growth	2026	2027
High	44.4%	58.9%
Avg	-6.4%	9.7%
Low	-46.9%	-12.8%

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.