IRT logo

INDEPENDENCE REALTY TRUST IN

IRTNYSE
πŸ† #1573 by market capEarnings Oct 27US Equity
$14.83β–² $0.13 (+0.85%)
πŸŒ™ After hours$14.84β–² 0.07%Regular close Β· extended-hours price shown
πŸ””
Track IRT
Get earnings, price moves & breaking news on Telegram
Track
24hβ–² 0.8%
7dβ–² 1.6%
14dβ–Ό 0.8%
30dβ–Ό 8.3%
ytdβ–Ό 15.2%
1yβ–Ό 9.5%
🏦Market Cap
$3.50B
Small Cap
πŸ“ˆRevenue Growth (YoY)
+3.5%
Slowing
πŸ“ŠGross Margin
58.7%
Healthy
πŸ’΅FCF Margin
18.0%
Healthy
βš–οΈP/S Ratio
5.3x
Fair
Otter Score
72
Fair

Trading Snapshot

Day Range
$14.79 – $14.92
52-Week Range
$14.46 – $17.79
Volume
$1.89B
Avg Volume
$1.82B
Shares Outstanding
235.7M
Next Earnings
Nov 13, 2026

Fundamentals Snapshot

Annual Revenue
$658M
Last Q Revenue
$167M
P/E Ratio
81.7
P/S Ratio
5.3x
EPS (TTM)
$0.18
Dividend Yield
4.53%
Dilution (1yr)
+8.0%

Why Investors Own IRT

  • βœ“High-growth profile β€” revenue up +48.3% YoY with expanding US Equity exposure.
  • βœ“Healthy economics β€” 75% gross margin and 17% free-cash-flow margin.
  • βœ“New products and segments could unlock additional revenue streams.
⚠️ Key Risks

Execution delays, intensifying competition, and valuation compression if growth decelerates.

IRT logo

INDEPENDENCE REALTY TRUST IN

IRT
Financial Trends
RevenueThe total money the company brought in from sales, before subtracting any costs.
$658Mβ–² +2.8% YoY
Gross MarginOf every $1 of sales, how much is left after the direct cost of making the product/service. Higher = more efficient.
-14.9%β–Ό βˆ’125.5% YoY
Operating IncomeProfit from the core business after operating costs, but before interest and taxes. Negative means the core business isn’t profitable yet.
$121Mβ–Ό βˆ’6.3% YoY
Free Cash FlowCash left over after running the business and paying for equipment/capex. Negative means the company is burning cash.
$147Mβ–² +73.0% YoY
Shares OutstandingHow many shares exist. Rising means the company is issuing more shares, which dilutes (shrinks) each existing owner’s slice.
243.7Mβ–² +8.0% YoY
Net CashCash minus total debt. Positive = more cash than debt (financially strong); negative = more debt than cash (net debt).
βˆ’$2.2Bβ–² +$79M YoY
StockOtter Β· stockotter.space

About INDEPENDENCE REALTY TRUST IN

Independence Realty Trust (IRT), publicly traded as NYSE: IRT, operates as a real estate investment trust specializing in owning and managing multifamily apartment communities. Their portfolio is concentrated in non-gateway U.S. markets such as Atlanta, Louisville, Memphis, and Raleigh. The company's strategy involves establishing a strong presence in select, amenity-rich submarkets, which are identified by features like excellent school systems, quality retail establishments, and significant employment hubs. Ultimately, IRT seeks to deliver appealing risk-adjusted returns to its shareholders. This is accomplished through meticulous portfolio oversight, robust operational execution, and a reliable return on capital, generated via both dividend distributions and asset value appreciation.

🦦

Otter Score Breakdown

How it's scoredFive components, each rated 1–5β˜… and equally weighted (20%), averaged to a 0–100 score:πŸ’Ž Quality β€” gross marginπŸš€ Growth β€” revenue YoYβš–οΈ Valuation β€” P/S ratio⚑ Momentum β€” 30-day price changeπŸ’§ Dilution β€” 1-yr share issuance (buybacks score higher)
πŸ’ŽQualityβ˜…β˜…β˜…β˜…β˜…
πŸš€Growthβ˜…β˜…β˜…β˜…β˜…
βš–οΈValuationβ˜…β˜…β˜…β˜…β˜…
⚑Momentumβ˜…β˜…β˜…β˜…β˜…
πŸ’§Dilutionβ˜…β˜…β˜…β˜…β˜…
Overall Score
Fair
72/100

Analyst Ratings

β“˜
Consensus
Buy
18 analysts
Strong Buy5
Buy9
Hold4
Sell0
Strong Sell0
Ratings as of Sep 2026

Latest News & Updates

Business WireΒ·17h ago

Irenic Sends Letter to Independence Realty Trust Board of Directors Opposing Proposed Acquisition of Centerspace and Urging a Sale of the Company

NEW YORK--(BUSINESS WIRE)--Irenic Capital Management LP ("Irenic"), one of the largest actively managed shareholders of Independence Realty Trust, Inc. ("IRT" or the "Company") (NYSE: IRT) with approximately 2% ownership

GuruFocusΒ·3d ago

IRT Stock Alert: Halper Sadeh LLC is Investigating Whether Independence Realty Trust, Inc. is Obtaining a Fair Price for its Shareholders

Halper Sadeh LLC, an investor rights law firm, is investigating the merger of Independence Realty Trust, Inc. (NYSE: IRT) and Centerspace. Upon closing of the p

Zacks Investment ResearchΒ·7d ago

Down 13.2% in 4 Weeks, Here's Why Independence Realty Trust (IRT) Looks Ripe for a Turnaround

Independence Realty Trust (IRT) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates coul

GuruFocusΒ·19d ago

Centerspace Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Centerspace - CSR

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of [url="]Kahn Swick and Foti[/url], LLC (Γ’Β€ΒœKSFҀ) are investigating the propos

GuruFocusΒ·20d ago

Is Independence Realty Trust Inc (IRT) a Bargain After 4.3% Drop? GF Value Says Undervalued

On September 09, 2026, Independence Realty Trust Inc (IRT) shares fell 4.3% to $15.23, continuing a downward trend that has seen the stock decline 11.2% over th

Fool - Investing NewsΒ·20d ago

Why Independence Realty Trust Stock Sank Today

It's essentially acquiring a peer REIT.