Independence Realty Trust (IRT) Stock Overview
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. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 4/6 |
| Financial Health | 1/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
IRT Community Fair Values
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Independence Realty Trust, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$15.21 |
| 52 Week High | US$19.94 |
| 52 Week Low | US$14.60 |
| Beta | 1.01 |
| 1 Month Change | -6.74% |
| 3 Month Change | -12.99% |
| 1 Year Change | -19.01% |
| 3 Year Change | -5.82% |
| 5 Year Change | -5.12% |
| Change since IPO | 80.00% |
Recent News & Updates
Recent updates
Independence Realty Trust: Solid Sunbelt Multifamily Operations, Shares Fairly Valued
Feb 13
Sun Belt Household Formation Will Sustain Rental Demand
Favorable Sun Belt demographic trends, declining new supply, and homeownership challenges support strong occupancy, rent growth, and sustained pricing power for IRT.Independence Realty Trust: Aligned To Benefit From Population Migration
Mar 06Independence Realty Trust: Likely Priced In After Its Year-To-Date Rally
Oct 09Independence Realty Trust: Robust Operating Performance But Time To Play Offense (Rating Downgrade)
Aug 05Independence Realty Trust: Poised To Outperform Thanks To Low Leverage And Improving Occupancy
May 02Independence Realty: Q4 Earnings Show Improved Portfolio Strength
Feb 17Independence Realty: Steep Discount Overshadows The Yield
Dec 17Independence Realty Trust: Well-Positioned Due To Midwest Exposure (Rating Upgrade)
Sep 19Independence Realty Trust: What's Not To Like?
Aug 23Independence Realty Trust: A Solid Residential REIT Despite Valuation Concerns
Jun 12Shareholder Returns
| IRT | US Residential REITs | US Market | |
|---|---|---|---|
| 7D | 2.3% | 2.6% | 3.0% |
| 1Y | -19.0% | -12.0% | 25.7% |
Return vs Industry: IRT underperformed the US Residential REITs industry which returned -7.3% over the past year.
Return vs Market: IRT underperformed the US Market which returned 32.8% over the past year.
Price Volatility
| IRT volatility | |
|---|---|
| IRT Average Weekly Movement | 3.0% |
| Residential REITs Industry Average Movement | 3.0% |
| Market Average Movement | 7.1% |
| 10% most volatile stocks in US Market | 16.1% |
| 10% least volatile stocks in US Market | 3.3% |
Stable Share Price: IRT has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: IRT's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2009 | 904 | Scott Schaeffer | www.irtliving.com |
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.
Independence Realty Trust, Inc. Fundamentals Summary
| IRT fundamental statistics | |
|---|---|
| Market cap | US$3.65b |
| Earnings (TTM) | US$56.56m |
| Revenue (TTM) | US$668.76m |
Is IRT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| IRT income statement (TTM) | |
|---|---|
| Revenue | US$668.76m |
| Cost of Revenue | US$260.19m |
| Gross Profit | US$408.58m |
| Other Expenses | US$352.02m |
| Earnings | US$56.56m |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.24 |
| Gross Margin | 61.09% |
| Net Profit Margin | 8.46% |
| Debt/Equity Ratio | 63.6% |
How did IRT perform over the long term?
See historical performance and comparisonDividends
Does IRT pay a reliable dividends?
See IRT dividend history and benchmarks| Independence Realty Trust dividend dates | |
|---|---|
| Ex Dividend Date | Mar 27 2026 |
| Dividend Pay Date | Apr 17 2026 |
| Days until Ex dividend | 13 days |
| Days until Dividend pay date | 8 days |
Does IRT pay a reliable dividends?
See IRT dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/04/08 06:10 |
| End of Day Share Price | 2026/04/08 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Independence Realty Trust, Inc. is covered by 27 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Wesley Golladay | Baird |
| Anthony Powell | Barclays |
| Anthony Powell | Barclays |