INDEPENDENCE REALTY TRUST IN
IRTNYSETrading Snapshot
- Day Range
- $14.79 β $14.92
- 52-Week Range
- $14.46 β $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
- βHigh-growth profile β revenue up +48.3% YoY with expanding US Equity exposure.
- βHealthy economics β 75% gross margin and 17% free-cash-flow margin.
- βNew products and segments could unlock additional revenue streams.
Execution delays, intensifying competition, and valuation compression if growth decelerates.
INDEPENDENCE REALTY TRUST IN
IRTAbout 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 1β5β and equally weighted (20%), averaged to a 0β100 score:π Quality β gross marginπ Growth β revenue YoYβοΈ Valuation β P/S ratioβ‘ Momentum β 30-day price changeπ§ Dilution β 1-yr share issuance (buybacks score higher)Analyst Ratings
βLatest News & Updates

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

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

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

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’ΒΒKSFΓ’ΒΒ) are investigating the propos

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

Why Independence Realty Trust Stock Sank Today
It's essentially acquiring a peer REIT.