IRT
Independence Realty Trust, Inc.
Price Chart
Latest Quote
$16.77
+0.25 (+1.54%)
Current Price
| Previous Close | $16.51 |
| Open | $16.54 |
| Day High | $16.84 |
| Day Low | $16.52 |
| Volume | 1,590,969 |
Stock Information
| Quarterly Dividend / Yield | $0.69 / 4.18% |
| Shares Outstanding | 235.71M |
| Quarterly Dividend Yield | 4.18% |
| Quarterly Dividend | $0.69 |
| Total Debt | $2.44B |
| Cash Equivalents | $34.93M |
| Revenue | $672.38M |
| Net Income | $48.14M |
| Sector | Real Estate |
| Industry | REIT - Residential |
| Market Cap | $4.05B |
| P/E Ratio | 83.83 |
| EPS (TTM) | $0.20 |
| Exchange | NYQ |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $6.41B |
| Sales | $672.38M |
| Income | $48.14M |
| Book/sh | $14.42 |
| Cash/sh | $0.15 |
| Employees | 904 |
Financial Ratios
| Quick Ratio | 0.13 |
| Current Ratio | 0.49 |
| Debt/Eq | 69.19 |
Returns & Margins
| ROA | 1.31% |
| ROE | 1.38% |
| Gross Margin | 60.81% |
| Operating Margin | 12.64% |
| Profit Margin | 7.16% |
Ownership
| Insider Ownership | 0.68% |
| Institutional Ownership | 102.72% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | 98.62 |
| P/S | 6.03 |
| P/B | 1.16 |
Analyst Data
| Recommendation | none |
| Target Price | $19.14 |
Technical Indicators
| SMA20 | $16.42 |
| SMA50 | $16.32 |
| SMA200 | $16.24 |
| RSI | 53.98 |
| ATR | 0.3646 |
| Shares Float | 233.51M |
| Short Float | 5.73% |
| Short Ratio | 3.87 |
| Volatility | 0.97 |
| Rel Volume | 0.49 |
Performance History
| Week | +4.91% |
| Month | +0.75% |
| Quarter | +12.97% |
| 6 Months | -0.75% |
| YTD | -3.65% |
| Year | -1.54% |
| 3 Years | +3.37% |
| 5 Years | +8.51% |
| 10 Years | +262.64% |
Stock Score:
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-25 | $16.76 | 1,590,969 |
| 2026-06-24 | $16.51 | 3,208,600 |
| 2026-06-23 | $16.27 | 4,146,300 |
| 2026-06-22 | $16.01 | 3,314,200 |
| 2026-06-18 | $15.82 | 5,483,800 |
| 2026-06-17 | $15.98 | 2,731,600 |
| 2026-06-16 | $16.48 | 1,587,800 |
| 2026-06-15 | $16.59 | 2,927,300 |
| 2026-06-12 | $16.87 | 2,016,500 |
| 2026-06-11 | $16.73 | 3,054,200 |
| 2026-06-10 | $16.98 | 4,378,000 |
| 2026-06-09 | $16.92 | 4,068,200 |
| 2026-06-08 | $16.67 | 3,712,300 |
| 2026-06-05 | $16.62 | 2,880,100 |
| 2026-06-04 | $16.54 | 4,108,500 |
| 2026-06-03 | $16.23 | 2,165,400 |
| 2026-06-02 | $15.84 | 2,646,600 |
| 2026-06-01 | $15.86 | 3,066,700 |
| 2026-05-29 | $16.23 | 3,724,700 |
| 2026-05-28 | $16.44 | 3,605,000 |
| 2026-05-27 | $16.49 | 3,148,300 |
| 2026-05-26 | $16.64 | 2,192,300 |
About Independence Realty Trust, Inc.
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.
đ° Latest News
Independence Realty Trust boosts dividend 6%
Multifamily Dive âĸ 2026-05-19T16:23:00Z
A Look At Independence Realty Trust (IRT) Valuation After Recent Share Price Momentum And Mixed Return Trends
Simply Wall St. âĸ 2026-05-04T02:12:23Z
Independence Realty Trust Q1 Earnings Call Highlights
MarketBeat âĸ 2026-05-02T00:05:53Z
Independence Realty Trust, Inc. Q1 2026 Earnings Call Summary
Moby âĸ 2026-04-30T12:30:00Z
Independence Realty Trust (IRT) Lags Q1 FFO and Revenue Estimates
Zacks âĸ 2026-04-29T22:40:08Z
SAFE vs. IRT: Which Stock Should Value Investors Buy Now?
Zacks âĸ 2026-04-20T15:40:02Z
Independence Realty Trust (IRT) Valuation After Earnings Beat And Revenue Miss At A New 52 Week Low
Simply Wall St. âĸ 2026-04-06T09:07:28Z
SAFE or IRT: Which Is the Better Value Stock Right Now?
Zacks âĸ 2026-04-03T15:40:03Z
Independence Realty Trust (IRT) Offers a Compelling Residential Story
Insider Monkey âĸ 2026-03-18T01:10:13Z
Independence Realty Trust, Inc. (IRT) Swings to Q4 Profit With $33.3M in Net Income
Insider Monkey âĸ 2026-02-26T13:50:45Z
Period:
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Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $269,264,000 | $265,511,000 | $271,411,000 | $256,308,000 |
| Cost Of Revenue | $269,264,000 | $265,511,000 | $271,411,000 | $256,308,000 |
| Total Revenue | $657,696,000 | $640,035,000 | $660,983,000 | $628,525,000 |
| Operating Revenue | $656,481,000 | $638,913,000 | $659,841,000 | $627,414,000 |
| Expenses | ||||
| Interest Expense | $78,998,000 | $76,141,000 | $89,921,000 | $86,955,000 |
| Total Expenses | $536,471,000 | $510,610,000 | $513,145,000 | $535,417,000 |
| Other Income Expense | $15,480,000 | $-13,251,000 | $-75,724,000 | $114,506,000 |
| Other Non Operating Income Expenses | $-352,000 | $-1,000 | $-427,000 | $1,558,000 |
| Net Non Operating Interest Income Expense | $-78,998,000 | $-76,141,000 | $-89,921,000 | $-86,955,000 |
| Interest Expense Non Operating | $78,998,000 | $76,141,000 | $89,921,000 | $86,955,000 |
| Operating Expense | $267,207,000 | $245,099,000 | $241,734,000 | $279,109,000 |
| General And Administrative Expense | $23,966,000 | $24,245,000 | $22,766,000 | $26,260,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $56,558,000 | $39,291,000 | $-17,227,000 | $117,249,000 |
| Net Interest Income | $-78,998,000 | $-76,141,000 | $-89,921,000 | $-86,955,000 |
| Normalized Income | $52,792,860 | $50,032,630 | $53,582,000 | $26,306,570 |
| Net Income From Continuing And Discontinued Operation | $56,558,000 | $39,291,000 | $-17,227,000 | $117,249,000 |
| Net Income Common Stockholders | $56,558,000 | $39,291,000 | $-17,227,000 | $117,249,000 |
| Net Income | $56,558,000 | $39,291,000 | $-17,227,000 | $117,249,000 |
| Net Income Including Noncontrolling Interests | $57,707,000 | $40,033,000 | $-17,807,000 | $120,659,000 |
| Net Income Continuous Operations | $57,707,000 | $40,033,000 | $-17,807,000 | $120,659,000 |
| Pretax Income | $57,707,000 | $40,033,000 | $-17,807,000 | $120,659,000 |
| Special Income Charges | $-1,381,000 | $-3,735,000 | $-4,262,000 | $3,361,000 |
| Earnings From Equity Interest | $11,066,000 | $347,000 | $-4,488,000 | $-2,169,000 |
| Operating Income | $121,225,000 | $129,425,000 | $147,838,000 | $93,108,000 |
| Depreciation Amortization Depletion Income Statement | $243,241,000 | $220,854,000 | $218,968,000 | $252,849,000 |
| Depreciation And Amortization In Income Statement | $243,241,000 | $220,854,000 | $218,968,000 | $252,849,000 |
| Gross Profit | $388,432,000 | $374,524,000 | $389,572,000 | $372,217,000 |
| Per Share | ||||
| Diluted EPS | $0.24 | $0.17 | $-0.08 | $0.53 |
| Basic EPS | $0.24 | $0.17 | $-0.08 | $0.53 |
| Other | ||||
| Tax Effect Of Unusual Items | $1,000,860 | $-2,855,370 | $0 | $24,174,570 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $375,180,000 | $350,625,000 | $361,891,000 | $345,346,000 |
| Total Unusual Items | $4,766,000 | $-13,597,000 | $-70,809,000 | $115,117,000 |
| Total Unusual Items Excluding Goodwill | $4,766,000 | $-13,597,000 | $-70,809,000 | $115,117,000 |
| Reconciled Depreciation | $243,241,000 | $220,854,000 | $218,968,000 | $252,849,000 |
| EBITDA (Bullshit earnings) | $379,946,000 | $337,028,000 | $291,082,000 | $460,463,000 |
| EBIT | $136,705,000 | $116,174,000 | $72,114,000 | $207,614,000 |
| Diluted Average Shares | $234,750,431 | $225,584,327 | $224,414,443 | $223,012,828 |
| Basic Average Shares | $233,923,616 | $224,798,958 | $224,414,443 | $221,965,460 |
| Diluted NI Availto Com Stockholders | $56,558,000 | $39,291,000 | $-17,227,000 | $117,249,000 |
| Minority Interests | $-1,149,000 | $-742,000 | $580,000 | $-3,410,000 |
| Other Special Charges | $1,381,000 | $3,735,000 | $1,049,000 | $-8,866,000 |
| Restructuring And Mergern Acquisition | $0 | $0 | $3,213,000 | $5,505,000 |
| Gain On Sale Of Security | $6,147,000 | $-9,862,000 | $-66,547,000 | $111,756,000 |
| Selling General And Administration | $23,966,000 | $24,245,000 | $22,766,000 | $26,260,000 |
| Other Gand A | $23,966,000 | $24,245,000 | $22,766,000 | $26,260,000 |
Fetched: 2026-06-24
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $3,456,966,000 | $3,438,631,000 | $3,431,231,000 | $3,596,265,000 |
| Total Assets | $6,021,750,000 | $6,057,919,000 | $6,280,175,000 | $6,532,095,000 |
| Total Non Current Assets | $5,897,660,000 | $5,904,355,000 | $5,933,109,000 | $6,452,301,000 |
| Other Non Current Assets | $45,711,000 | $39,596,000 | $39,245,000 | $34,846,000 |
| Financial Assets | $9,840,000 | $29,300,000 | $29,937,000 | $41,109,000 |
| Goodwill And Other Intangible Assets | $2,970,000 | $3,644,000 | $66,000 | $399,000 |
| Current Assets | $124,090,000 | $153,564,000 | $347,066,000 | $79,794,000 |
| Assets Held For Sale Current | $76,468,000 | $110,112,000 | $296,334,000 | $35,777,000 |
| Restricted Cash | $24,058,000 | $22,224,000 | $27,880,000 | $27,933,000 |
| Cash Cash Equivalents And Short Term Investments | $23,564,000 | $21,228,000 | $22,852,000 | $16,084,000 |
| Cash And Cash Equivalents | $23,564,000 | $21,228,000 | $22,852,000 | $16,084,000 |
| Debt | ||||
| Net Debt | $2,257,911,000 | $2,312,455,000 | $2,526,557,000 | $2,615,561,000 |
| Total Debt | $2,281,475,000 | $2,333,683,000 | $2,549,409,000 | $2,631,645,000 |
| Long Term Debt And Capital Lease Obligation | $1,493,951,000 | $1,538,963,000 | $1,709,948,000 | $1,806,820,000 |
| Long Term Debt | $1,493,951,000 | $1,538,963,000 | $1,709,948,000 | $1,806,820,000 |
| Current Debt And Capital Lease Obligation | $787,524,000 | $794,720,000 | $839,461,000 | $824,825,000 |
| Current Debt | $787,524,000 | $794,720,000 | $839,461,000 | $824,825,000 |
| Other Current Borrowings | - | - | - | $596,612,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $2,432,324,000 | $2,482,845,000 | $2,712,981,000 | $2,794,228,000 |
| Total Non Current Liabilities Net Minority Interest | $1,502,793,000 | $1,546,998,000 | $1,719,671,000 | $1,819,824,000 |
| Other Non Current Liabilities | $8,496,000 | $8,035,000 | $9,723,000 | $13,004,000 |
| Derivative Product Liabilities | $346,000 | $0 | - | $0 |
| Current Liabilities | $929,531,000 | $935,847,000 | $993,310,000 | $974,404,000 |
| Payables And Accrued Expenses | $142,007,000 | $141,127,000 | $153,849,000 | $149,579,000 |
| Interest Payable | $8,377,000 | $8,630,000 | $7,917,000 | $7,713,000 |
| Payables | $133,630,000 | $132,497,000 | $145,932,000 | $141,866,000 |
| Dividends Payable | $41,275,000 | $37,827,000 | $36,858,000 | $32,189,000 |
| Accounts Payable | $92,355,000 | $94,670,000 | $109,074,000 | $109,677,000 |
| Equity | ||||
| Common Stock Equity | $3,459,936,000 | $3,442,275,000 | $3,431,297,000 | $3,596,664,000 |
| Total Equity Gross Minority Interest | $3,589,426,000 | $3,575,074,000 | $3,567,194,000 | $3,737,867,000 |
| Stockholders Equity | $3,459,936,000 | $3,442,275,000 | $3,431,297,000 | $3,596,664,000 |
| Gains Losses Not Affecting Retained Earnings | $7,722,000 | $26,065,000 | $25,513,000 | $35,102,000 |
| Other Equity Adjustments | $7,722,000 | $26,065,000 | $25,513,000 | $35,102,000 |
| Retained Earnings | $-555,326,000 | $-454,104,000 | $-348,405,000 | $-191,735,000 |
| Long Term Equity Investment | $98,263,000 | $91,975,000 | $89,044,000 | $80,220,000 |
| Other | ||||
| Preferred Shares Number | $125 | $125 | $125 | $125 |
| Ordinary Shares Number | $237,234,750 | $230,838,006 | $224,706,731 | $224,064,940 |
| Share Issued | $237,234,750 | $230,838,006 | $224,706,731 | $224,064,940 |
| Tangible Book Value | $3,456,966,000 | $3,438,631,000 | $3,431,231,000 | $3,596,265,000 |
| Invested Capital | $5,741,411,000 | $5,775,958,000 | $5,980,706,000 | $6,228,309,000 |
| Working Capital | $-805,441,000 | $-782,283,000 | $-646,244,000 | $-894,610,000 |
| Total Capitalization | $4,953,887,000 | $4,981,238,000 | $5,141,245,000 | $5,403,484,000 |
| Minority Interest | $129,490,000 | $132,799,000 | $135,897,000 | $141,203,000 |
| Additional Paid In Capital | $4,005,168,000 | $3,868,006,000 | $3,751,942,000 | $3,751,056,000 |
| Capital Stock | $2,372,000 | $2,308,000 | $2,247,000 | $2,241,000 |
| Common Stock | $2,372,000 | $2,308,000 | $2,247,000 | $2,241,000 |
| Preferred Stock | $0 | $0 | $0 | $0 |
| Line Of Credit | $787,524,000 | $794,720,000 | $839,461,000 | $824,825,000 |
| Current Accrued Expenses | $8,377,000 | $8,630,000 | $7,917,000 | $7,713,000 |
| Investments And Advances | $98,263,000 | $91,975,000 | $89,044,000 | $80,220,000 |
| Investment Properties | $5,740,876,000 | $5,739,840,000 | $5,774,817,000 | $6,295,727,000 |
| Investmentsin Subsidiariesat Cost | - | $91,975,000 | $89,044,000 | $80,220,000 |
| Treasury Shares Number | - | - | $0 | - |
Fetched: 2026-06-24
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $128,285,000 | $84,689,000 | $49,318,000 | $103,798,000 |
| Operating Activities | ||||
| Operating Cash Flow | $282,149,000 | $259,753,000 | $262,170,000 | $249,537,000 |
| Cash Flow From Continuing Operating Activities | $282,149,000 | $259,753,000 | $262,170,000 | $249,537,000 |
| Operating Gains Losses | $-10,999,000 | $-547,000 | $4,612,000 | $2,169,000 |
| Investing Activities | ||||
| Capital Expenditure | $-153,864,000 | $-175,064,000 | $-212,852,000 | $-145,739,000 |
| Investing Cash Flow | $-142,911,000 | $-20,605,000 | $-1,712,000 | $-135,766,000 |
| Cash Flow From Continuing Investing Activities | $-142,911,000 | $-20,605,000 | $-1,712,000 | $-135,766,000 |
| Net Other Investing Changes | $980,000 | $4,719,000 | $4,209,000 | $15,580,000 |
| Capital Expenditure Reported | $-153,864,000 | $-175,064,000 | $-212,852,000 | $-145,739,000 |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $-33,491,000 | $-2,602,000 | $-5,160,000 | $-5,969,000 |
| Issuance Of Capital Stock | $162,441,000 | $111,304,000 | - | $48,651,000 |
| Financing Cash Flow | $-135,068,000 | $-246,428,000 | $-253,743,000 | $-135,425,000 |
| Cash Flow From Continuing Financing Activities | $-135,068,000 | $-246,428,000 | $-253,743,000 | $-135,425,000 |
| Net Other Financing Charges | $-10,242,000 | $-6,318,000 | $-3,774,000 | $-7,888,000 |
| Cash Dividends Paid | $-154,391,000 | $-144,021,000 | $-134,872,000 | $-105,829,000 |
| Common Stock Dividend Paid | $-154,391,000 | $-144,021,000 | $-134,872,000 | $-105,829,000 |
| Net Common Stock Issuance | $128,950,000 | $108,702,000 | $-5,160,000 | $42,682,000 |
| Common Stock Issuance | $162,441,000 | $111,304,000 | - | $48,651,000 |
| Dividends Received Cfi | - | - | $0 | $3,406,000 |
| Other | ||||
| Repayment Of Debt | $-578,900,000 | $-804,791,000 | $-379,937,000 | $-771,890,000 |
| Issuance Of Debt | $479,515,000 | $600,000,000 | $270,000,000 | $707,500,000 |
| Interest Paid Supplemental Data | $82,633,000 | $80,615,000 | $96,022,000 | $96,383,000 |
| End Cash Position | $47,622,000 | $43,452,000 | $50,732,000 | $44,017,000 |
| Beginning Cash Position | $43,452,000 | $50,732,000 | $44,017,000 | $65,671,000 |
| Changes In Cash | $4,170,000 | $-7,280,000 | $6,715,000 | $-21,654,000 |
| Common Stock Payments | $-33,491,000 | $-2,602,000 | $-5,160,000 | $-5,969,000 |
| Net Issuance Payments Of Debt | $-99,385,000 | $-204,791,000 | $-109,937,000 | $-64,390,000 |
| Net Long Term Debt Issuance | $-99,385,000 | $-204,791,000 | $-109,937,000 | $-64,390,000 |
| Long Term Debt Payments | $-578,900,000 | $-804,791,000 | $-379,937,000 | $-771,890,000 |
| Long Term Debt Issuance | $479,515,000 | $600,000,000 | $270,000,000 | $707,500,000 |
| Net Investment Properties Purchase And Sale | $5,195,000 | $152,324,000 | $230,789,000 | $51,783,000 |
| Sale Of Investment Properties | $157,943,000 | $390,884,000 | $230,789,000 | $253,560,000 |
| Purchase Of Investment Properties | $-152,748,000 | $-238,560,000 | $0 | $-201,777,000 |
| Net Business Purchase And Sale | $4,778,000 | $-2,584,000 | $-23,858,000 | $-57,390,000 |
| Sale Of Business | $40,516,000 | $9,064,000 | $2,145,000 | $3,406,000 |
| Purchase Of Business | $-35,738,000 | $-11,648,000 | $-26,003,000 | $-60,796,000 |
| Change In Working Capital | $-6,845,000 | $-15,552,000 | $-13,768,000 | $-6,357,000 |
| Change In Other Current Liabilities | $-1,034,000 | $-1,255,000 | $-2,399,000 | $-4,367,000 |
| Change In Other Current Assets | $-8,021,000 | $-7,919,000 | $-8,062,000 | $-33,000 |
| Change In Payables And Accrued Expense | $2,210,000 | $-6,378,000 | $-3,307,000 | $-1,957,000 |
| Change In Accrued Expense | $-253,000 | $713,000 | $-79,000 | $538,000 |
| Change In Interest Payable | $-253,000 | $713,000 | $-79,000 | $538,000 |
| Change In Payable | $2,463,000 | $-7,091,000 | $-3,228,000 | $-2,495,000 |
| Change In Account Payable | $2,463,000 | $-7,091,000 | $-3,228,000 | $-2,495,000 |
| Other Non Cash Items | $-3,676,000 | $-3,159,000 | $-5,344,000 | $-17,201,000 |
| Stock Based Compensation | $7,882,000 | $7,077,000 | $7,658,000 | $7,893,000 |
| Asset Impairment Charge | $-6,147,000 | $9,862,000 | $66,547,000 | $-111,756,000 |
| Amortization Of Securities | $986,000 | $1,185,000 | $1,304,000 | $1,281,000 |
| Depreciation Amortization Depletion | $243,241,000 | $220,854,000 | $218,968,000 | $252,849,000 |
| Depreciation And Amortization | $243,241,000 | $220,854,000 | $218,968,000 | $252,849,000 |
| Earnings Losses From Equity Investments | $-11,066,000 | $-347,000 | $4,488,000 | $2,169,000 |
| Net Income From Continuing Operations | $57,707,000 | $40,033,000 | $-17,807,000 | $120,659,000 |
| Net Short Term Debt Issuance | - | - | $19,659,000 | $-11,025,000 |
| Short Term Debt Payments | - | - | $-250,341,000 | $-718,525,000 |
| Short Term Debt Issuance | - | - | $270,000,000 | $707,500,000 |
Fetched: 2026-06-24