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Independence Realty Trust Inc

IRT
View Detailed Chart
16.600USD
+0.210+1.28%
Close 02/06, 16:00ETQuotes delayed by 15 min
3.97BMarket Cap
173.60P/E TTM

Independence Realty Trust Inc

16.600
+0.210+1.28%
Intraday
1m
30m
1h
D
W
M
D

Today

+1.28%

5 Days

-0.60%

1 Month

-4.76%

6 Months

-2.81%

Year to Date

-5.03%

1 Year

-16.46%

View Detailed Chart

Key Insights

Independence Realty Trust Inc's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 35 out of 191 in the Residential & Commercial REITs industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 20.21.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, 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
35 / 191
Overall Ranking
79 / 4521
Industry
Residential & Commercial REITs

Support & Resistance

Relevant data have not been disclosed by the company yet.

Score Analysis

Current score
Previous score

Media Coverage

Last 24 hours
Coverage Level

Very Low
Very High
Neutral

Independence Realty Trust Inc Highlights

StrengthsRisks
Independence Realty Trust, Inc. 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 United States markets. Its primary business objective is to provide attractive risk-adjusted returns to stockholders through diligent portfolio management, operational performance, and consistent returns on capital through distributions and capital appreciation. Its segments include same-store and non-same-store. It owns and operates approximately 113 multifamily apartment properties (including one owned through a consolidated joint venture) that contain an aggregate of 33,615 units in the Southeastern and Midwestern states: Alabama, Colorado, Florida, Georgia, Indiana, Kentucky, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, and Texas. The Company owns all of its assets and conducts all its operations through Independence Realty Operating Partnership, LP.
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 173.60, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 247.19M shares, decreasing 2.88% quarter-over-quarter.
Held by CI Select Canadian Equity Fund
Star Investor CI Select Canadian Equity Fund holds 17.49K shares of this stock.

Analyst Rating

Based on 14 analysts
Buy
Current Rating
20.214
Target Price
+23.33%
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 News

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Financial Indicators

EPS

Relevant data have not been disclosed by the company yet.

Total revenue

Relevant data have not been disclosed by the company yet.

Independence Realty Trust Inc Info

Independence Realty Trust, Inc. 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 United States markets. Its primary business objective is to provide attractive risk-adjusted returns to stockholders through diligent portfolio management, operational performance, and consistent returns on capital through distributions and capital appreciation. Its segments include same-store and non-same-store. It owns and operates approximately 113 multifamily apartment properties (including one owned through a consolidated joint venture) that contain an aggregate of 33,615 units in the Southeastern and Midwestern states: Alabama, Colorado, Florida, Georgia, Indiana, Kentucky, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, and Texas. The Company owns all of its assets and conducts all its operations through Independence Realty Operating Partnership, LP.
Ticker SymbolIRT
CompanyIndependence Realty Trust Inc
CEOSchaeffer (Scott F)
Websitehttps://www.irtliving.com/
KeyAI