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IRT

Independence Realty Trust, Inc.

Real Estate — REIT - Residential

Independence Realty Trust, Inc. a Maryland corporation, is a self-administered and self-managed real estate investment trust (REIT) that acquires, owns, operates, improves and manages multifamily apartment communities across non-gateway U.S. markets. As of December 31, 2025, we owned and operated 114 multifamily apartment properties (including one owned through a consolidated joint venture) that contain an aggregate of 33,462 units in the following Southeastern and Midwestern states: Alabama, Colorado, Florida, Georgia, Indiana, Kentucky, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, and Texas. In addition, as of December 31, 2025, we owned one investment in real estate under development in Denver, Colorado that will, upon completion, contain 296 units. As of December 31, 2025, we also owned interests in four unconsolidated joint ventures, two of which own and operate multifamily apartment properties that contain an aggregate of 653 units and two that are developing multifamily apartment properties that will, upon completion, contain an aggregate of 642 units. Independence Realty Trust, Inc. was incorporated in 2009 in Maryland and is based in Philadelphia, United States.

Buy 1.7 / 5 14 analysts
$14.53
$-0.01 (-0.03%)
Target: $19.14 (31.8%)

Price History

52-Week Range
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Fundamentals

Market Cap$4.15B
P/E Ratio (TTM)85.80
Forward P/E100.94
EPS (TTM)$0.20
Dividend Yield4.02%
Profit Margin7.16%
Revenue Growth2.30%
ROE1.38%
Debt/Equity69.19
Recommendation Buy 1.7
Analyst Target$19.14
Analysts14
Next Earnings Aug 3, 2026 AMC
Indexes -

Technical Indicators

RSI (14)52.8
Beta0.97
SMA 20-
SMA 40-
52-Week High$18.18
52-Week Low$14.60
50-Day Avg$16.40
200-Day Avg$16.43
Avg Volume$2.73M
Volume$2.33M

Performance Analysis

NEUTRAL

IRT presents a mixed picture with both positive and negative indicators.

+ Trading near its 52-week low ($14.60), which could present a value opportunity.
~ RSI at 52.8 is in neutral territory.
- Price is below both the 50-day and 200-day moving averages — in a downtrend.
- P/E of 85.8 is elevated — the market expects high growth or it may be overvalued.
~ Modest revenue growth of 2.3% year-over-year.
+ Wall Street consensus is "Buy" from 14 analysts.
+ Average analyst target of $19.14 implies 31.8% upside.

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Last updated: Jul 02, 2026 13:15 UTC

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