Independence Realty Trust, Inc. (IRT) stock price, financials & research

Regular session · ET · Market data may be delayed.

GoAI snapshot

Jul 10, 2026

68/ 100

GoAI Score

Buy

Valuation

90

Deep Value

Sentiment

63

Bullish

Risk

23

Moderate Risk

Momentum

42

Neutral

Full GoAI research

Thesis, catalysts, evidence, and risk analysis.

View full GoAI research

Company profile

Company website

Independence Realty Trust (IRT), publicly traded as NYSE: IRT, operates as a real estate investment trust specializing in owning and managing multifamily apartment communities. Their portfolio is concentrated in non-gateway U.S. markets such as Atlanta, Louisville, Memphis, and Raleigh. The company's strategy involves establishing a strong presence in select, amenity-rich submarkets, which are identified by features like excellent school systems, quality retail establishments, and significant employment hubs. Ultimately, IRT seeks to deliver appealing risk-adjusted returns to its shareholders. This is accomplished through meticulous portfolio oversight, robust operational execution, and a reliable return on capital, generated via both dividend distributions and asset value appreciation.

Industry: REIT - Residential
Sector: Real Estate
Headquarters: US
CEO: Scott F. Schaeffer
Listed since: Aug 13, 2013
Employees: 904

Market position

Day range

Current $14.77

$14.64$14.885

52-week range

Current $14.77

$14.33$17.79

Open: $14.68
Previous close: $14.64
Volume: 2.74M; 0.85× average
Average volume: 3.21M; Average daily volume
Market cap: 3.48B USD
Beta: 0.98; Market reference 1
50-day average: $15.8226; -6.65% below average
200-day average: $16.2707; -9.22% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value: 6.32B USD
P/E (TTM): 80.45×
P/B (TTM): 1.04×
P/S (TTM): 5.22×
EV / EBITDA: 16.64×
Earnings yield: 1.38%
Free cash flow yield: 3.58%
Dividend yield: 4.74%

Profitability & efficiency

Gross margin: 1.00%
Operating margin: 17.04%
Net margin: 6.52%
Return on equity: 1.63%
Return on assets: 0.94%
Return on invested capital: 2.06%

Financial health

Debt / equity: 0.73×
Current ratio: 0.05×
Altman Z-score: 0.82
Piotroski F-score: 6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin

Income trends

Revenue

657.7M USD+2.76%

Operating income

121.23M USD-6.34%

Net income

56.56M USD+43.95%

Financial statements: Income statement
Metric (USD)	FY2025	FY2024	FY2023	FY2022	FY2021
Revenue	657.7M USD	640.04M USD	660.98M USD	628.53M USD	250.25M USD
Cost of goods sold	755.75M USD	265.51M USD	271.41M USD	256.31M USD	102.79M USD
Gross profit	−98.05M USD	374.52M USD	389.57M USD	372.22M USD	147.46M USD
Selling, general, and administrative	—	24.25M USD	22.77M USD	26.26M USD	18.61M USD
Operating expenses	−219.28M USD	245.1M USD	241.73M USD	279.11M USD	95.52M USD
Interest expense	79M USD	76.14M USD	89.92M USD	86.96M USD	36.4M USD
Depreciation and amortization	243.24M USD	220.85M USD	218.97M USD	252.85M USD	76.91M USD
Operating income	121.23M USD	129.43M USD	147.84M USD	93.11M USD	51.94M USD
Net income	56.56M USD	39.29M USD	−17.23M USD	117.25M USD	44.59M USD

Company facts updated Oct 10, 2026.

Earnings

Latest fiscal-year EPS: 0.24; FY2025 · +41.18% year over year
Latest fiscal-year revenue: 657.7M USD; FY2025 · +2.76% year over year

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast

IRT news

defenseworld.netOct 2, 2026

Independence Realty Trust (NYSE:IRT) Sets New 1-Year Low – Time to Sell?

Independence Realty Trust, Inc. (NYSE: IRT - Get Free Report) hit a new 52-week low during trading on Wednesday. The stock traded as low as $14.45 and last traded at $14.5020, with a volume of 373399 shares. The stock…

Read source

prnewswire.comOct 1, 2026

Centerspace Announces Third Quarter 2026 Earnings Release Date

MINNEAPOLIS, Oct. 1, 2026 /PRNewswire/ -- Centerspace (NYSE: CSR) (the "Company") will release its operating results for the quarter ended September 30, 2026, after the market closes on Monday, November 2, 2026. Due to…

Read source

businesswire.comSep 29, 2026

Irenic Sends Letter to Independence Realty Trust Board of Directors Opposing Proposed Acquisition of Centerspace and Urging a Sale of the Company

NEW YORK--(BUSINESS WIRE)--Irenic Capital Management LP ("Irenic"), one of the largest actively managed shareholders of Independence Realty Trust, Inc. ("IRT" or the "Company") (NYSE: IRT) with approximately 2%…

Read source

gurufocus.comSep 26, 2026

IRT Stock Alert: Halper Sadeh LLC is Investigating Whether Independence Realty Trust, Inc. is Obtaining a Fair Price for its Shareholders

Halper Sadeh LLC, an investor rights law firm, is investigating the merger of Independence Realty Trust, Inc. (NYSE: IRT) and Centerspace. Upon closing of the p

Read source

businesswire.comSep 26, 2026

IRT Stock Alert: Halper Sadeh LLC is Investigating Whether Independence Realty Trust, Inc. is Obtaining a Fair Price for its Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating the merger of Independence Realty Trust, Inc. (NYSE: IRT) and Centerspace. Upon closing of the proposed transaction, Independence…

Read source

zacks.comSep 22, 2026

Down 13.2% in 4 Weeks, Here's Why Independence Realty Trust (IRT) Looks Ripe for a Turnaround

Independence Realty Trust (IRT) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates…

Read source

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.72

2017 complete year0.0% since 2015

2026 partial: $0.53

$0.72

2,015

$0.72

2,016

$0.72

2,017

$0.53

2,026*

* Partial calendar year in the available dividend history.

Corporate action history

Action	Ex-dividend date	Details	Record date	Payment date
Dividend	Sep 30, 2026	$0.18Quarterly	Sep 30, 2026	Oct 23, 2026
Dividend	Jun 26, 2026	$0.18Quarterly	Jun 26, 2026	Jul 17, 2026
Dividend	Mar 27, 2026	$0.17Quarterly	Mar 27, 2026	Apr 17, 2026
Dividend	Dec 31, 2025	$0.17Quarterly	Dec 31, 2025	Jan 23, 2026
Dividend	Sep 30, 2025	$0.17Quarterly	Sep 30, 2025	Oct 24, 2025
Dividend	Jun 27, 2025	$0.17Quarterly	Jun 27, 2025	Jul 18, 2025

Dividend

Ex-dividend Sep 30, 2026

$0.18

Quarterly

Record Sep 30, 2026 · Payment Oct 23, 2026

Dividend

Ex-dividend Jun 26, 2026

$0.18

Quarterly

Record Jun 26, 2026 · Payment Jul 17, 2026

Dividend

Ex-dividend Mar 27, 2026

$0.17

Quarterly

Record Mar 27, 2026 · Payment Apr 17, 2026

Dividend

Ex-dividend Dec 31, 2025

$0.17

Quarterly

Record Dec 31, 2025 · Payment Jan 23, 2026

Dividend

Ex-dividend Sep 30, 2025

$0.17

Quarterly

Record Sep 30, 2025 · Payment Oct 24, 2025

Dividend

Ex-dividend Jun 27, 2025

$0.17

Quarterly

Record Jun 27, 2025 · Payment Jul 18, 2025

IRT peers

WELL

Welltower Inc.

$225.47

+1.09%

PLD

Prologis, Inc.

$129.49

+0.15%

AMT

American Tower Corporation

$182.24

+9.30%

DLR

Digital Realty Trust, Inc.

$178.76

+1.53%

SPG

Simon Property Group, Inc.

$199.42

-0.10%

PSA

Public Storage

$289.86

+1.52%

Independence Realty Trust, Inc.

IRT company overview

Company profile

Independence Realty Trust, Inc.

IRT company overview

GoAI snapshot

Company profile

Market position

Financials

Financial snapshot

Valuation & yield

Profitability & efficiency

Financial health

Financial statements

Margin trends

Income trends

Earnings

Annual EPS trend

Annual revenue trend

IRT news

Independence Realty Trust (NYSE:IRT) Sets New 1-Year Low – Time to Sell?

Centerspace Announces Third Quarter 2026 Earnings Release Date

Irenic Sends Letter to Independence Realty Trust Board of Directors Opposing Proposed Acquisition of Centerspace and Urging a Sale of the Company

IRT Stock Alert: Halper Sadeh LLC is Investigating Whether Independence Realty Trust, Inc. is Obtaining a Fair Price for its Shareholders

IRT Stock Alert: Halper Sadeh LLC is Investigating Whether Independence Realty Trust, Inc. is Obtaining a Fair Price for its Shareholders

Down 13.2% in 4 Weeks, Here's Why Independence Realty Trust (IRT) Looks Ripe for a Turnaround

Corporate actions

Annual dividends per share

Corporate action history

IRT peers

Continue in GoAI

IRT company overview

Company profile

IRT company overview

GoAI snapshot

Company profile

Market position

Financials

Financial snapshot

Valuation & yield

Profitability & efficiency

Financial health

Financial statements

Margin trends

Income trends

Earnings

Annual EPS trend

Annual revenue trend

IRT news

Independence Realty Trust (NYSE:IRT) Sets New 1-Year Low – Time to Sell?

Centerspace Announces Third Quarter 2026 Earnings Release Date

Irenic Sends Letter to Independence Realty Trust Board of Directors Opposing Proposed Acquisition of Centerspace and Urging a Sale of the Company

IRT Stock Alert: Halper Sadeh LLC is Investigating Whether Independence Realty Trust, Inc. is Obtaining a Fair Price for its Shareholders

IRT Stock Alert: Halper Sadeh LLC is Investigating Whether Independence Realty Trust, Inc. is Obtaining a Fair Price for its Shareholders

Down 13.2% in 4 Weeks, Here's Why Independence Realty Trust (IRT) Looks Ripe for a Turnaround

Corporate actions

Annual dividends per share

Corporate action history

IRT peers

Continue in GoAI