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Independence Realty Trust Inc

IRT
View Detailed Chart
16.000USD
+0.070+0.44%
Close 11/03, 16:00ETQuotes delayed by 15 min
3.83BMarket Cap
171.63P/E TTM

Independence Realty Trust Inc

16.000
+0.070+0.44%
Intraday
1m
30m
1h
D
W
M
D

Today

+0.44%

5 Days

-1.60%

1 Month

-1.96%

6 Months

-18.53%

Year to Date

-19.35%

1 Year

-16.05%

View Detailed Chart

Key Insights

The company's fundamentals are relatively very healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite an average stock market performance, the company shows strong fundamentals and technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

Independence Realty Trust Inc's Score

Industry at a Glance

Industry Ranking
17 / 197
Overall Ranking
72 / 4618
Industry
Residential & Commercial REITs

Support & Resistance

No Data

Score Analysis

Current score
Previous score

Analyst Rating

Based on 14 analysts
Buy
Current Rating
20.962
Target Price
+31.59%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Independence Realty Trust Inc Highlights

StrengthsRisks
Independence Realty Trust, Inc. is a self-administered and self-managed real estate investment trust (REIT). The Company’s investment strategy is focused on gaining scale near major employment centers within submarkets that offer good school districts and retail. The Company acquires, owns, operates, improves, and manages multifamily apartment communities across non-gateway United States markets. The Company owns and operates approximately 113 multifamily apartment properties across non-gateway United States markets, including Atlanta, Columbus, Dallas, Denver, Houston, Indianapolis, Nashville, Oklahoma City, Raleigh-Durham, and Tampa, Florida. The Company’s portfolio of properties consists primarily of apartment communities geographically concentrated in the Southeastern and Midwest United States. The Company owns all of its assets and conducts all its operations through Independence Realty Operating Partnership, LP (IROP).
Turnaround to Profit
The company's performance has turned profitable, with the latest annual net income of USD .
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 369.02%.
Overvalued
The company’s latest PE is 166.60, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 242.85M shares, decreasing 3.20% quarter-over-quarter.
Held by Ron Baron
Star Investor Ron Baron holds 2.26M shares of this stock.

News

More news coming soon, stay tuned...

Financial Indicators

EPS

No Data

Total revenue

No Data

Independence Realty Trust Inc Info

Independence Realty Trust, Inc. is a self-administered and self-managed real estate investment trust (REIT). The Company’s investment strategy is focused on gaining scale near major employment centers within submarkets that offer good school districts and retail. The Company acquires, owns, operates, improves, and manages multifamily apartment communities across non-gateway United States markets. The Company owns and operates approximately 113 multifamily apartment properties across non-gateway United States markets, including Atlanta, Columbus, Dallas, Denver, Houston, Indianapolis, Nashville, Oklahoma City, Raleigh-Durham, and Tampa, Florida. The Company’s portfolio of properties consists primarily of apartment communities geographically concentrated in the Southeastern and Midwest United States. The Company owns all of its assets and conducts all its operations through Independence Realty Operating Partnership, LP (IROP).
Ticker SymbolIRT
CompanyIndependence Realty Trust Inc
CEOMr. Scott F. Schaeffer
Websitehttps://www.irtliving.com/
KeyAI