I

    Independence Realty Trust Inc (IRT)

    Official site

    REAL ESTATE • REIT - RESIDENTIAL • NYSE

    $16.18
    -0.13 (-0.80%)

    Market Cap: $3.94B

    Last updated: Sep 01, 2026 at 10:00 AM ET

    Earnings

    Performance (10Y)

    Beat Rate
    48%(19/40)
    Avg Surprise
    -18.28%
    Streak
    1 Q

    Upcoming Estimates

    Sep 30, 2026
    EPS Consensus$0.05
    Range$0.05 - $0.05
    1 analysts
    EPS RevisionsNo revisions (7d)No revisions (30d)
    EPS Estimate Drift
    90d ago$0.05+0.0%
    60d ago$0.05+0.0%
    30d ago$0.05+0.0%
    7d ago$0.05+0.0%
    Current$0.05
    Revenue Consensus
    $171M
    Range$170M - $173M
    6 analysts
    Dec 31, 2026
    EPS Consensus$0.10
    Range$0.10 - $0.11
    2 analysts
    Revenue Consensus
    $171M
    Range$164M - $177M
    7 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$0.10---
    Sep 26EST
    		-$0.05---
    Jun 26
    		$0.28$0.27+3.70%Beat+833.3%
    Mar 26
    		$0.00N/A-84.00%Miss-84.0%
    Dec 25
    		$0.06$0.08-25.00%Miss-33.3%
    Sep 25
    		$0.04$0.06-33.33%Miss-33.3%
    Jun 25
    		$0.03$0.05-40.00%Miss-40.0%
    Mar 25
    		$0.03$0.03+0.00%Beat-25.0%
    Dec 24
    		$0.09$0.03+200.00%Beat+150.0%
    Sep 24
    		$0.06$0.06+0.00%Beat+200.0%
    Jun 24
    		$0.05$0.07-28.57%Miss+0.0%
    Mar 24
    		$0.04$0.05-20.00%Miss-20.0%
    Dec 23
    		$-0.18$0.01-1900.00%Miss-220.0%
    Sep 23
    		$0.02N/A-75.00%Miss-71.4%
    Jun 23
    		$0.05$0.02+150.00%Beat+266.7%
    Mar 23
    		$0.05$0.03+66.67%Beat-85.3%
    Dec 22
    		$0.15$0.06+150.00%Beat-34.8%
    Sep 22
    		$0.07$-0.04+275.00%Beat+40.0%
    Jun 22
    		$-0.03N/A+62.50%Beat-200.0%
    Mar 22
    		$0.34$0.25+36.00%Beat+3300.0%
    Dec 21
    		$0.23$0.09+155.56%Beat+475.0%
    Sep 21
    		$0.05$0.07-28.57%Miss+66.7%
    Jun 21
    		$0.03$0.03+0.00%Beat+200.0%
    Mar 21
    		$0.01$0.01+0.00%Beat-94.7%
    Dec 20
    		$0.04$0.04+0.00%Beat+33.3%
    Sep 20
    		$0.03$0.02+50.00%Beat+0.0%
    Jun 20
    		$0.01$0.02-50.00%Miss-66.7%
    Mar 20
    		$0.19$0.03+533.33%Beat+533.3%
    Dec 19
    		$0.03$0.04-25.00%Miss-81.3%
    Sep 19
    		$0.03$0.04-25.00%Miss-40.0%
    Jun 19
    		$0.03$0.04-25.00%Miss-25.0%
    Mar 19
    		$0.03$0.05-40.00%Miss-25.0%
    Dec 18
    		$0.16$0.18-11.11%Miss+100.0%
    Sep 18
    		$0.05$0.05+0.00%Beat-16.7%
    Jun 18
    		$0.04$0.05-20.00%Miss-20.0%
    Mar 18
    		$0.04$0.05-20.00%Miss-33.3%
    Dec 17
    		$0.08$0.08+0.00%Beat+14.3%
    Sep 17
    		$0.06$0.08-25.00%Miss+50.0%
    Jun 17
    		$0.05$0.06-16.67%Miss-
    Mar 17
    		$0.06$0.07-14.29%Miss-
    Dec 16
    		$0.07N/A+112.73%Beat-
    Sep 16
    		$0.04$0.05-20.00%Miss-

    Dividends

    Dividend Metrics

    Yield4.26%
    Annual/Share$0.69
    Payout Ratio58.90%
    Frequency4
    Pay MonthsJan, Apr, Jul, Oct

    Growth

    3Y CAGR+7.46%
    5Y CAGR+4.41%
    View IRT's full dividend history

    Key Metrics

    Valuation
    P/E Ratio42.05EV/EBITDA16.47x
    Price/FCF371.66xFCF Yield0.27%
    Profitability
    Profit Margin6.42%Operating Margin14.80%
    ROE1.26%ROIC1.60%
    Financial Health
    Debt/Equity0.73xInterest Coverage1.41x
    Current RatioN/AQuick RatioN/A
    Trading Statistics
    Beta0.95Avg Volume2.67M
    52-Week High$17.7052-Week Low$14.44

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$16.53
    SMA 20$16.73
    SMA 50$16.70
    SMA 200$16.26
    EMA 10$16.51
    EMA 20$16.61
    EMA 50$16.60
    EMA 200$16.47

    MACD

    Line: -0.09Signal: -0.02Hist: -0.07

    ADX

    ADX: 9.9+DI: 15.8-DI: 23.7

    Aroon & PSAR

    Aroon Up36.0
    Aroon Down100.0
    PSAR$17.04

    Bollinger Bands

    Upper Band$17.30
    Lower Band$16.16
    %B Position683%(Upper)
    Band Width0.02

    RSI (14-Day)

    Neutral
    39.9

    Momentum Oscillators

    Stoch %K5.3
    Stoch %D12.8
    Williams %R-91.0
    ROC (10d)-2.9%
    Momentum-0.49
    CCI (20d)-196.5
    MFI (14d)29.5

    Volatility Measures

    ATR (14d)$0.36(2.2%)
    StdDev (20d)0.29
    Hist Vol21.4%(Moderate)

    Volume Flow

    VWAP$16.17
    OBV-9.8M
    AD Line-2.9B
    CMF (20d)-0.157

    Volume Metrics

    Avg Vol (20d)2.7M
    Vol Ratio0.8x
    VWMA (20d)$16.79

    Pivot Points

    R3$16.65
    R2$16.58
    R1$16.44
    Pivot Point$16.37
    S1$16.24
    S2$16.17
    S3$16.03

    Advanced Oscillators

    TSI-6.66
    Ultimate Osc30.8
    KST-12.66

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$167.24M$165.32M$167.13M$167.14M$162.19M$161.24M$160.96M$160.13M$158.40M$160.53M$167.05M$168.61M
    Cost of Revenue$7.93M$8.24M$6.67M$7.89M$7.71M$7.83M$7.38M$7.38M$7.67M$7.50M$-177,966,000$70.53M
    Gross Profit$159.31M$157.09M$160.45M$159.25M$154.47M$153.42M$153.59M$152.76M$150.74M$153.03M$345.01M$98.08M
    Operating Expenses$133.37M$135.35M$127.17M$128.76M$126.97M$126.28M$127.09M$121.81M$121.87M$113.84M$305.33M$59.24M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$5.68M$8.51M$4.67M$4.91M$5.98M$8.41M$4.86M$4.76M$6.24M$8.38M$5.04M$3.66M
    Operating Income$25.94M$21.74M$33.28M$30.49M$27.51M$27.14M$26.49M$30.94M$28.86M$39.19M$39.68M$38.83M
    Interest Income$0$0$0$0$0$0$0$0$0$0$0$0
    Interest Expense$21.58M$20.73M$20.42M$20.45M$18.77M$19.41M$19.77M$18.31M$17.46M$20.40M$23.66M$22.03M
    Income Before Tax$4.25M$920,000$31.61M$-2,819,000$8.73M$9.12M$-3,832,000$13.32M$11.40M$18.79M$-39,119,000$5.16M
    Income Tax Expense$0$0$0$0$0$0$0$0$0$0$0$0
    Net Income$3.42M$-127,000$34.01M$7.00M$8.17M$8.53M$-1,103,000$12.62M$10.55M$17.96M$-41,653,000$3.99M
    EBITDA$89.95M$85.50M$114.17M$78.53M$86.48M$86.38M$72.44M$85.64M$81.69M$91.53M$37.67M$81.10M
    EBIT$25.84M$21.65M$52.03M$17.64M$27.51M$28.53M$15.94M$31.63M$28.86M$39.19M$-16,663,000$27.20M
    * Some calculated fields are derived from available data when not provided by source

    Related GNG Research

    No research available

    Be the first to write about IRT

    News

    Deutsche Bank AG Makes New Investment in Independence Realty Trust, Inc. $IRT

    Deutsche Bank AG recently acquired a new stake of 351,947 shares in Independence Realty Trust (NYSE:IRT), valued at approximately $5.9 million, as disclosed in its latest SEC filing. This makes Deutsche Bank AG own about 0.15% of the company, which sees 88.25% institutional ownership. Despite missing quarterly EPS estimates, analysts maintain a "Moderate Buy" rating with an average price target of $19.56, indicating potential upside from its current share price.

    MarketBeat•8/25/26•
    Neutral

    BlackRock Inc. Invests $601.98 Million in Independence Realty Trust, Inc. $IRT

    BlackRock Inc. has acquired a significant stake in Independence Realty Trust (NYSE: IRT), purchasing 36.1 million shares valued at approximately $602 million, giving it a 15.3% ownership. Other institutional investors also increased their holdings, bringing total institutional ownership to 88.25%. Despite missing analyst EPS estimates for the recent quarter, the company saw a 3.2% year-over-year revenue increase, and analysts maintain a "Moderate Buy" rating with an average price target of $19.56.

    MarketBeat•8/24/26•
    Somewhat-Bullish

    IRT | Independence Realty Trust Inc. Financials - Revenue Breakdown

    This page provides a detailed financial overview of Independence Realty Trust Inc. (IRT), focusing on its revenue breakdown and various financial metrics. It includes recent stock trades by U.S. Congress members, insider trading activity, institutional ownership, and analyst ratings, alongside corporate lobbying and government contract data. The company is a REIT specializing in multifamily apartment communities across non-gateway U.S. markets.

    Quiver Quantitative•8/23/26•
    Neutral

    Mitsubishi UFJ Asset Management Co. Ltd. Invests $3.40 Million in Independence Realty Trust, Inc. $IRT

    Mitsubishi UFJ Asset Management Co. Ltd. has acquired a new stake in Independence Realty Trust (IRT) by purchasing 203,517 shares valued at approximately $3.4 million, representing a 0.09% ownership. Institutional investors collectively hold 88.25% of IRT. Despite missing the consensus EPS estimate, IRT's revenue saw a 3.2% year-over-year increase, and analysts maintain a "Moderate Buy" rating with an average price target of $19.56.

    MarketBeat•8/22/26•
    Somewhat-Bullish

    Independence Realty Trust, Inc. (NYSE:IRT) Receives Average Recommendation of "Moderate Buy" from Brokerages

    Independence Realty Trust (NYSE:IRT) has received an average "Moderate Buy" recommendation from twelve brokerage firms, with an average 12-month price target of $19.56. Major institutional investors like BlackRock and Morgan Stanley have significantly increased their stakes in the company. Despite missing adjusted EPS expectations in its latest quarterly earnings, the company's revenue slightly exceeded forecasts and grew year-over-year.

    MarketBeat•8/22/26•
    Somewhat-Bullish

    Frequently Asked Questions About IRT

    What is IRT's current dividend yield?
    Independence Realty Trust Inc (IRT) has a current dividend yield of 4.26%.
    Does IRT pay dividends?
    Yes, Independence Realty Trust Inc pays dividends with a current yield of 4.26%.
    What is IRT's P/E ratio?
    Independence Realty Trust Inc has a price-to-earnings (P/E) ratio of 42.05.
    What is IRT's market cap?
    Independence Realty Trust Inc (IRT) has a market capitalization of $3.94B with a current stock price of $16.18.

    Get full access to GNG Research

    Create a free account to access portfolio tracking, advanced tools, and more.

    Create Free AccountLog In