IRT
Independence Realty Trust, Inc.
$16.86
+0.07
(+0.42%)
Mkt Cap
3.97B
Volume
2,169,947
52W Range
14.6-18.74
Sector
Real Estate
Beta
0.99
EPS (TTM)
0.20
P/E Ratio
82.85
Revenue (TTM)
661.77M
Rev Growth (5Y)
+25.4%
EPS Growth (5Y)
N/A
AlphaVal · Fair Value
$28.46
Undervalued · Strong
40.8% below fair value
AlphaQuality · Grade
C
Real Estate Investment Trust
52.5 / 100 composite
Company Description
Independence Realty Trust, Inc. (NYSE: IRT) is a real estate investment trust that owns and operates multifamily apartment properties across non-gateway U.S. markets, including Atlanta, Louisville, Memphis, and Raleigh. IRT's investment strategy is focused on gaining scale within key amenity rich submarkets that offer good school districts, high-quality retail and major employment centers. IRT aims to provide stockholders attractive risk-adjusted returns through diligent portfolio management, strong operational performance, and a consistent return on capital through distributions and capital appreciation.
Track Record
Showing latest 4 periods • Swipe for more
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 657.70M | 640.03M | 660.98M | 628.52M | 250.25M | 211.91M | 203.22M | 191.23M | 161.22M | 153.39M | 109.58M | 49.20M |
| Net Income | 56.56M | 39.29M | (17.23M) | 117.25M | 44.59M | 14.77M | 45.90M | 26.29M | 30.21M | (9.80M) | 28.24M | 2.94M |
| EPS | 0.24 | 0.17 | -0.08 | 0.15 | 0.08 | -0.23 | 0.07 | 0.30 | 0.41 | -0.19 | 0.78 | 0.14 |
| Free Cash Flow | 146.52M | 84.69M | 115.54M | 103.80M | 9.28M | 37.56M | 29.38M | 28.10M | 39.95M | (18.20M) | N/A | N/A |
| FCF / Share | 0.63 | 0.38 | 0.51 | 0.47 | 0.09 | 0.40 | 0.33 | 0.32 | 0.54 | -0.35 | N/A | N/A |
| Operating CF | 282.15M | 259.75M | 262.17M | 249.54M | 52.26M | 74.96M | 75.00M | 68.53M | 54.32M | (7.53M) | N/A | N/A |
| Total Assets | 6.02B | 6.06B | 6.28B | 6.53B | 6.51B | 1.73B | 1.66B | 1.66B | 1.45B | 1.29B | N/A | N/A |
| Total Debt | 2.28B | 2.33B | 2.55B | 2.63B | 2.71B | 978.53M | 985.57M | 985.49M | 778.44M | 743.82M | N/A | N/A |
| Cash & Equiv | 47.62M | 21.23M | 22.85M | 16.08M | 35.97M | 8.75M | 9.89M | 9.32M | 9.98M | 20.89M | N/A | N/A |
| Book Value | 3.46B | 3.44B | 3.43B | 3.60B | 3.48B | 708.06M | 613.28M | 623.00M | 624.10M | 506.82M | N/A | N/A |
| Return on Equity | 0.02 | 0.01 | -0.01 | 0.03 | 0.01 | 0.02 | 0.07 | 0.04 | 0.05 | -0.02 | N/A | N/A |
| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 165.32M | 167.13M | 167.14M | 162.19M | 161.24M | 161.31M | 160.13M | 158.40M | 160.53M | 167.05M | 168.61M | 163.96M |
| Net Income | (68,000) | 33.27M | 6.89M | 8.05M | 8.35M | (1.00M) | 12.37M | 10.35M | 17.58M | (40.52M) | 3.93M | 10.71M |
| EPS | -0.00 | 0.14 | 0.03 | 0.03 | 0.04 | -0.00 | 0.06 | 0.05 | 0.08 | -0.18 | 0.02 | 0.05 |
| Free Cash Flow | 31.71M | 42.21M | 27.62M | 50.02M | 38.91M | (19.57M) | 59.76M | 25.00M | 5.40M | 24.42M | 61.71M | 42.06M |
| FCF / Share | 0.13 | 0.17 | 0.12 | 0.21 | 0.17 | -0.09 | 0.27 | 0.11 | 0.02 | 0.11 | 0.27 | 0.19 |
| Operating CF | 55.32M | 60.19M | 79.34M | 82.25M | 60.37M | 63.43M | 69.24M | 83.02M | 44.06M | 59.18M | 75.80M | 80.28M |
| Total Assets | 6.10B | 6.02B | 6.09B | 5.96B | 5.98B | 6.06B | 5.95B | 5.94B | 5.97B | 6.28B | 6.58B | 6.52B |
| Total Debt | 2.43B | 2.28B | 2.30B | 2.25B | 2.25B | 2.33B | 2.29B | 2.25B | 2.28B | 2.55B | 2.72B | 2.65B |
| Cash & Equiv | 43.27M | 47.62M | 23.29M | 19.49M | 29.05M | 21.23M | 17.61M | 21.03M | 21.27M | 22.85M | 17.22M | 14.35M |
| Book Value | 3.39B | 3.46B | 3.49B | 3.42B | 3.46B | 3.44B | 3.36B | 3.40B | 3.42B | 3.43B | 3.53B | 3.56B |
| Return on Equity | -0.00 | 0.01 | 0.00 | 0.00 | 0.00 | -0.00 | 0.00 | 0.00 | 0.01 | -0.01 | 0.00 | 0.00 |
IRT News
Independence Realty Trust Increases Quarterly Dividend by 6%
Independence Realty Trust: Patience Is Key
Independence Realty Trust, Inc. (IRT) Q1 2026 Earnings Call Transcript
Independence Realty Trust (IRT) Lags Q1 FFO and Revenue Estimates
Independence Realty Trust Announces First Quarter 2026 Financial Results
SAFE vs. IRT: Which Stock Should Value Investors Buy Now?
B&I Capital AG Has $8.93 Million Stake in Independence Realty Trust, Inc. $IRT
IRT Announces Dates for First Quarter 2026 Earnings Release and Conference Call
SAFE or IRT: Which Is the Better Value Stock Right Now?
Independence Realty Trust, Inc. $IRT Stock Holdings Decreased by Bamco Inc. NY