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 Statistics

Total Valuation

IRT has a market cap or net worth of $4.08 billion. The enterprise value is $6.48 billion.

Market Cap 4.08B
Enterprise Value 6.48B

Important Dates

The next estimated earnings date is Wednesday, July 29, 2026, after market close.

Earnings Date Jul 29, 2026
Ex-Dividend Date Jun 26, 2026

Share Statistics

IRT has 241.25 million shares outstanding. The number of shares has increased by 3.81% in one year.

Current Share Class 235.31M
Shares Outstanding 241.25M
Shares Change (YoY) +3.81%
Shares Change (QoQ) -0.86%
Owned by Insiders (%) 0.71%
Owned by Institutions (%) 99.14%
Float 233.57M

Valuation Ratios

The trailing PE ratio is 84.88 and the forward PE ratio is 113.19. IRT's PEG ratio is 18.86.

Price/FFO Ratio 14.40
Price/AFFO Ratio n/a
PE Ratio 84.88
Forward PE 113.19
PS Ratio 6.07
Forward PS 6.01
PB Ratio 1.17
P/TBV Ratio 1.20
P/FCF Ratio n/a
P/OCF Ratio 14.72
PEG Ratio 18.86
Financial Ratio History

Enterprise Valuation

EV / Earnings 134.64
EV / Sales 9.64
EV / EBITDA 17.11
EV / EBIT 51.18
EV / FCF n/a

Financial Position

The company has a current ratio of 0.50, with a Debt / Equity ratio of 0.69.

Current Ratio 0.50
Quick Ratio 0.13
Debt / Equity 0.69
Debt / EBITDA 6.42
Debt / FCF n/a
Interest Coverage 1.58

Financial Efficiency

Return on equity (ROE) is 1.38% and return on invested capital (ROIC) is 1.34%.

Return on Equity (ROE) 1.38%
Return on Assets (ROA) 1.31%
Return on Invested Capital (ROIC) 1.34%
Return on Capital Employed (ROCE) 2.17%
Weighted Average Cost of Capital (WACC) 6.97%
Revenue Per Employee $743,788
Profits Per Employee $53,248
Employee Count 904
Asset Turnover 0.11
Inventory Turnover n/a

Taxes

Income Tax n/a
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -2.87% in the last 52 weeks. The beta is 0.97, so IRT's price volatility has been similar to the market average.

Beta (5Y) 0.97
52-Week Price Change -2.87%
50-Day Moving Average 16.34
200-Day Moving Average 16.44
Relative Strength Index (RSI) 59.29
Average Volume (20 Days) 3,422,877

Short Selling Information

The latest short interest is 9.64 million, so 4.00% of the outstanding shares have been sold short.

Short Interest 9.64M
Short Previous Month 12.00M
Short % of Shares Out 4.00%
Short % of Float 4.13%
Short Ratio (days to cover) 3.87

Income Statement

In the last 12 months, IRT had revenue of $672.38 million and earned $48.14 million in profits. Earnings per share was $0.20.

Revenue 672.38M
Gross Profit 408.86M
Operating Income 126.63M
Pretax Income 49.05M
Net Income 48.14M
EBITDA 378.80M
EBIT 126.63M
Earnings Per Share (EPS) $0.20
Full Income Statement

Balance Sheet

The company has $34.93 million in cash and $2.44 billion in debt, giving a net cash position of -$2.40 billion or -$9.95 per share.

Cash & Cash Equivalents 34.93M
Total Debt 2.44B
Net Cash -2.40B
Net Cash Per Share -$9.95
Equity (Book Value) 3.52B
Book Value Per Share 14.42
Working Capital -134.14M
Full Balance Sheet

Cash Flow

Operating Cash Flow 277.10M
Capital Expenditures -137.79M
Depreciation & Amortization 249.15M
Net Borrowing n/a
Free Cash Flow n/a
FCF Per Share n/a
Full Cash Flow Statement

Margins

Gross margin is 60.81%, with operating and profit margins of 18.83% and 7.16%.

Gross Margin 60.81%
Operating Margin 18.83%
Pretax Margin 7.30%
Profit Margin 7.16%
EBITDA Margin 56.34%
EBIT Margin 18.83%
FCF Margin n/a

Dividends & Yields

This stock pays an annual dividend of $0.68, which amounts to a dividend yield of 4.02%.

Dividend Per Share $0.68
Dividend Yield 4.02%
Dividend Growth (YoY) 6.15%
Years of Dividend Growth 4
Payout Ratio 346.33%
Buyback Yield -3.81%
Shareholder Yield 0.21%
Earnings Yield 1.18%
FCF Yield n/a
Dividend Details

Analyst Forecast

The average price target for IRT is $19.14, which is 13.19% higher than the current price. The consensus rating is "Buy".

Price Target $19.14
Price Target Difference 13.19%
Analyst Consensus Buy
Analyst Count 14
Revenue Growth Forecast (3Y) 2.69%
EPS Growth Forecast (3Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Altman Z-Score n/a
Piotroski F-Score 6