Independence Realty Trust, Inc. IRT
14.81 USD -0.13 (-0.87%)
At closeNov 3, 2026, 6:40 PM EST
14.81 0.00 0.00%
After hours · Nov 3, 6:40 PM ET
14.68 Day range 15.23
14.44 52-week range 17.77
- YTD
- -15.27%
- 1 year
- -7.44%
- Market cap
- 3.58B
- Revenue (ttm)
- 677.16M
- Profit margin
- 6.42%
- EPS (ttm)
- 0.18
- Shares out
- 235.71M
- P/E ratio
- 82.28
- Forward P/E
- 185.31
- Dividend
- 0.72 (4.82%)
- Ex-dividend date
- Sep 29, 2026
- YTD return
- -15.27%
- 1-year return
- -7.44%
- Volume
- 4.62M
- Avg volume
- 3.41M
- Open
- 14.99
- Previous close
- 14.94
- Day's range
- 14.68 – 15.23
- 52-week range
- 14.44 – 17.77
- Beta
- 0.93
- Analysts
- Buy
- Price target
- 18.54 (+25.2%)
- Earnings date
- Feb 10, 2027
1M +0.12 (+0.82%)
Key statistics
- Enterprise value
- 6.05B
- PEG ratio
- 0.00
- Price / sales
- 5.29
- Price / book
- 1.01
- Dividend yield
- 4.82%
- Payout ratio
- 383.33%
- Revenue growth
- 3.00%
- Free cash flow
- 186.07M
- Total cash
- 37.36M
- Total debt
- 2.45B
- Return on equity
- 1.26%
- Short % of float
- 11.58%
- 50-day average
- 15.14
- 200-day average
- 16.05
Analyst view
Consensus: buy
Buy
Price target (mean) 18.54 +25.2% upside
Now 14.81
- Target (low)
- 15.00
- Target (mean)
- 18.54
- Target (high)
- 22.00
Ratings (0m) 13 10 buy · 3 hold · 0 sell
- Strong buy3
- Buy7
- Hold3
- Sell0
- Strong sell0
Next earnings
Feb 10, 2027
Expected Feb 10, 2027. Consensus EPS estimate 0.05.
Financials — quick view
IRT Revenue — quarterly 167.24M
IRT Net income — quarterly 3.39M
IRT EPS — quarterly 0.01
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Feb 10, 2027 | Dec 30, 2026 | 0.08922 | — | — | — |
| Nov 2, 2026 | Sep 30, 2026 | 0.04518 | 0.11 | +0.06 | +143.47% |
| Aug 3, 2026 | Jun 30, 2026 | 0.02522 | 0.01 | -0.02 | -60.35% |
| Apr 29, 2026 | Mar 31, 2026 | 0.03 | 0.26 | +0.23 | +766.67% |
| Feb 11, 2026 | Dec 31, 2025 | 0.0861 | 0.14 | +0.05 | +62.60% |
| Oct 29, 2025 | Sep 30, 2025 | 0.30 | 0.03 | -0.27 | -90.00% |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Oct 19, 2026 | Wells Fargo | main | Overweight | Overweight |
| Oct 14, 2026 | UBS | main | Buy | Buy |
| Oct 14, 2026 | Barclays | main | Overweight | Overweight |
| Sep 15, 2026 | UBS | main | Buy | Buy |
| Sep 10, 2026 | Citizens | reit | Market Outperform | Market Outperform |
| Aug 5, 2026 | RBC Capital | main | Outperform | Outperform |
About Independence Realty Trust, Inc.
Independence Realty Trust, Inc., an S&P 400 MidCap Company, is a real estate investment trust that owns and operates multifamily communities across non-gateway U.S. markets. IRT's investment strategy is focused on gaining scale near major employment centers within key amenity rich submarkets that offer good school districts and high-quality retail. IRT's main investment objective is to provide attractive risk-adjusted returns to shareholders through diligent portfolio management, strong operational performance, and a consistent return on capital through distributions and capital appreciation. Independence Realty Trust, Inc. was established in 2009 and is incorporated in Maryland.
- Sector
- Real Estate
- Industry
- REIT - Residential
- Country
- United States
- Website
- irtliving.com
News
Independence Realty Trust Q3 Earnings Call Highlights 
Independence Realty Trust, Inc. (IRT) Q3 2026 Earnings Call Transcript 
Independence Realty Trust (NYSE:IRT) vs. NexPoint Residential Trust (NYSE:NXRT) Head-To-Head Review 
REITs: The Cure For High Rates Is High Rates 
Independence Realty Trust (IRT) Q3 FFO Meet Estimates 
Independence Realty Trust Affirms FY2026 FFO Guidance of $1.13-$1.15 vs $1.15 Est 
Independence Realty Trust Q3 FFO $0.29, Inline, Sales $171.967M Beat $171.203M Estimate 
Independence Realty Trust Announces Third Quarter 2026 Financial Results 
Centerspace Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Centerspace - CSR 
Wells Fargo Maintains Overweight on Independence Realty Trust, Lowers Price Target to $18
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| BOWIE STEPHEN R | Director | Stock Award(Grant) | May 13, 2025 | 46,039 |
| BRINES NED W. | Director | Stock Award(Grant) | May 12, 2026 | 65,459 |
| DEL RIO ANA MARIE | Director | Stock Award(Grant) | May 12, 2026 | 76,792 |
| DELOZIER JASON R | Officer | Stock Award(Grant) | Feb 2, 2026 | 57,374 |
| GEBERT RICHARD D. | Director | Sale | Nov 1, 2026 | 40,569 |
| MCCLURE MELINDA H. | Director | Stock Award(Grant) | May 12, 2026 | 50,569 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Blackrock Inc. | 15.30% | 36,067,985 | 534.71M | Jun 29, 2026 |
| Vanguard Portfolio Management LLC | 9.25% | 21,795,546 | 323.12M | Jun 29, 2026 |
| State Street Corporation | 5.51% | 12,982,771 | 192.47M | Jun 29, 2026 |
| Vanguard Capital Management LLC | 4.50% | 10,613,114 | 157.34M | Jun 29, 2026 |
| Alliancebernstein L.P. | 3.37% | 7,935,090 | 117.64M | Jun 29, 2026 |
| Prudential Financial, Inc. | 3.34% | 7,872,378 | 116.71M | Jun 29, 2026 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| VANGUARD SPECIALIZED FUNDS-Vanguard Real Estate Index Fund | 3.80% | 8,962,757 | 132.87M | Jul 30, 2026 |
| iShares Trust-iShares Core S&P Mid-Cap ETF | 3.55% | 8,373,501 | 124.14M | Sep 29, 2026 |
| VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund | 3.18% | 7,496,955 | 111.14M | Jun 29, 2026 |
| iShares Trust-iShares Russell 2000 ETF | 2.69% | 6,346,997 | 94.09M | Sep 29, 2026 |
| VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund | 2.29% | 5,409,912 | 80.20M | Jun 29, 2026 |
| Franklin Value Investors Trust-FRANKLIN SMALL CAP VALUE FUND | 1.62% | 3,830,195 | 56.78M | Jul 30, 2026 |