Independence Realty Trust, Inc. (IRT)
NYSE: IRT · Real-Time Price · USD
16.91
+0.33 (1.99%)
Jun 26, 2026, 4:00 PM EDT - Market closed
Independence Realty Trust Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Independence Realty Trust stock have an average target of 19, with a low estimate of 17 and a high estimate of 22. The average target predicts an increase of 12.36% from the current stock price of 16.91.
Analyst Consensus: Buy
* Price targets were last updated on May 14, 2026.
Analyst Ratings
The average analyst rating for Independence Realty Trust stock from 14 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 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 8 | 8 | 8 | 8 | 8 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 4 | 4 | 4 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 14 | 14 | 14 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Buy Maintains $20 → $19 | Buy | Maintains | $20 → $19 | +12.36% | May 14, 2026 |
| Barclays | Barclays | Hold Reiterates $18 → $19 | Hold | Reiterates | $18 → $19 | +12.36% | May 11, 2026 |
| Colliers Securities | Colliers Securities | Hold Maintains $17 → $17 | Hold | Maintains | $17 → $17 | +0.53% | Apr 30, 2026 |
| RBC Capital | RBC Capital | Buy Maintains $17 → $18 | Buy | Maintains | $17 → $18 | +6.45% | Apr 30, 2026 |
| Wells Fargo | Wells Fargo | Buy Reiterates $19 → $18 | Buy | Reiterates | $19 → $18 | +6.49% | Apr 23, 2026 |
Financial Forecast
Revenue This Year
672.60M
from 668.76M
Increased by 0.57%
Revenue Next Year
692.75M
from 672.60M
Increased by 3.00%
EPS This Year
0.19
EPS Next Year
0.17
from 0.19
Decreased by -10.53%
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 679.1M | 705.3M | |
| Avg | 672.6M | 692.7M | |
| Low | 666.8M | 682.7M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 1.5% | 4.9% | |
| Avg | 0.6% | 3.0% | |
| Low | -0.3% | 1.5% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 0.19 | 0.23 | |
| Avg | 0.19 | 0.17 | |
| Low | 0.19 | 0.11 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | -18.9% | 21.1% | |
| Avg | -18.9% | -10.5% | |
| Low | -18.9% | -42.1% |
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.