Independence Realty Trust Inc (IRT)

$16

-0.27

(-1.66%)

Market is closed - opens 7 PM, 15 Apr 2024

Insights on Independence Realty Trust Inc

  • Decreasing Revenue

    Revenue is down for the last 2 quarters, 168.60M → 167.04M (in $), with an average decrease of 0.9% per quarter

  • Decreasing Net Profit

    Netprofit is down for the last 3 quarters, 10.70M → -40.51M (in $), with an average decrease of 597.1% per quarter

  • Vs ESS

    In the last 1 year, Essex Property Trust Inc. has given 15.1% return, outperforming this stock by 14.5%

Performance

  • $15.88
    $16.22
    $16.00
    downward going graph

    0.75%

    Downside

    Day's Volatility :2.1%

    Upside

    1.36%

    downward going graph
  • $11.37
    $18.02
    $16.00
    downward going graph

    28.94%

    Downside

    52 Weeks Volatility :36.9%

    Upside

    11.21%

    downward going graph

Returns

PeriodIndependence Realty Trust IncSector (Real Estate)Index (Russel 2000)
3 Months
5.68%
-5.8%
0.0%
6 Months
14.86%
8.4%
0.0%
1 Year
0.63%
1.7%
-0.7%
3 Years
-7.73%
-8.2%
-21.3%

Highlights

Market Capitalization
3.8B
Book Value
$15.29
Dividend Share
0.62
Dividend Yield
4.0%
Earnings Per Share (EPS)
-0.08
PEG Ratio
4.57
Wall Street Target Price
17.42
Profit Margin
-2.62%
Operating Margin TTM
24.96%
Return On Assets TTM
1.4%
Return On Equity TTM
-0.49%
Revenue TTM
656.5M
Revenue Per Share TTM
2.93
Quarterly Revenue Growth YOY
1.6%
Gross Profit TTM
371.3M
EBITDA
362.3M
Diluted Eps TTM
-0.08
Quarterly Earnings Growth YOY
-0.75
EPS Estimate Current Year
0.36
EPS Estimate Next Year
0.31
EPS Estimate Current Quarter
0.01
EPS Estimate Next Quarter
0.1

Analyst Recommendation

Buy
    73%Buy
    26%Hold
    0
    0%Sell
Based on 15 Wall street analysts offering stock ratings for Independence Realty Trust Inc(by analysts ranked 0 to 5 stars)
Based on 15 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
11
11
11
Hold
4
4
4
Sell
00
00
00

Analyst Forecast

What analysts predicted

Upside of 8.88%

Current $16.00
Target $17.42

Company Financials

FY18Y/Y Change
Revenue
191.2M
↑ 18.62%
Net Income
26.3M
↓ 12.97%
Net Profit Margin
13.75%
↓ 4.99%
FY19Y/Y Change
Revenue
203.2M
↑ 6.27%
Net Income
6.7M
↓ 74.63%
Net Profit Margin
3.28%
↓ 10.47%
FY20Y/Y Change
Revenue
211.9M
↑ 4.27%
Net Income
-21.6M
↓ 423.69%
Net Profit Margin
-10.19%
↓ 13.47%
FY21Y/Y Change
Revenue
250.3M
↑ 18.1%
Net Income
8.2M
↓ 137.92%
Net Profit Margin
3.27%
↑ 13.46%
FY22Y/Y Change
Revenue
628.5M
↑ 151.16%
Net Income
33.7M
↑ 311.63%
Net Profit Margin
5.36%
↑ 2.09%
FY23Y/Y Change
Revenue
661.0M
↑ 5.16%
Net Income
-17.2M
↓ 151.11%
Net Profit Margin
-2.61%
↓ 7.97%
Q3 FY22Q/Q Change
Revenue
160.6M
↑ 3.77%
Net Income
16.2M
↓ 325.16%
Net Profit Margin
10.1%
↑ 14.76%
Q4 FY22Q/Q Change
Revenue
162.8M
↑ 1.37%
Net Income
11.2M
↓ 31.04%
Net Profit Margin
6.87%
↓ 3.23%
Q1 FY23Q/Q Change
Revenue
161.4M
↓ 0.88%
Net Income
6.3M
↓ 43.96%
Net Profit Margin
3.88%
↓ 2.99%
Q2 FY23Q/Q Change
Revenue
164.0M
↑ 1.6%
Net Income
10.7M
↑ 70.82%
Net Profit Margin
6.53%
↑ 2.65%
Q3 FY23Q/Q Change
Revenue
168.6M
↑ 2.84%
Net Income
3.9M
↓ 63.3%
Net Profit Margin
2.33%
↓ 4.2%
Q4 FY23Q/Q Change
Revenue
167.0M
↓ 0.93%
Net Income
-40.5M
↓ 1130.92%
Net Profit Margin
-24.25%
↓ 26.58%
FY18Y/Y Change
Total Assets
1.7B
↑ 14.39%
Total Liabilities
1.0B
↑ 27.94%
FY19Y/Y Change
Total Assets
1.7B
↑ 0.29%
Total Liabilities
1.0B
↑ 1.46%
FY20Y/Y Change
Total Assets
1.7B
↑ 4.25%
Total Liabilities
1.0B
↓ 2.13%
FY21Y/Y Change
Total Assets
6.5B
↑ 275.05%
Total Liabilities
2.9B
↑ 180.26%
FY22Y/Y Change
Total Assets
6.5B
↑ 0.39%
Total Liabilities
2.8B
↓ 2.46%
FY23Y/Y Change
Total Assets
6.3B
↓ 3.86%
Total Liabilities
2.7B
↓ 2.91%
Q3 FY22Q/Q Change
Total Assets
6.6B
↑ 3.87%
Total Liabilities
2.9B
↑ 7.1%
Q4 FY22Q/Q Change
Total Assets
6.5B
↓ 1.53%
Total Liabilities
2.8B
↓ 3.55%
Q1 FY23Q/Q Change
Total Assets
6.5B
↓ 0.59%
Total Liabilities
2.8B
↓ 0.19%
Q2 FY23Q/Q Change
Total Assets
6.5B
↑ 0.36%
Total Liabilities
2.8B
↑ 1.21%
Q3 FY23Q/Q Change
Total Assets
6.6B
↑ 0.93%
Total Liabilities
2.9B
↑ 3.1%
Q4 FY23Q/Q Change
Total Assets
6.3B
↓ 4.52%
Total Liabilities
2.7B
↓ 6.77%
FY18Y/Y Change
Operating Cash Flow
68.5M
↑ 26.15%
Investing Cash Flow
-229.5M
↑ 20.24%
Financing Cash Flow
162.4M
↑ 29.27%
FY19Y/Y Change
Operating Cash Flow
75.0M
↑ 9.44%
Investing Cash Flow
-106.4M
↓ 53.63%
Financing Cash Flow
29.8M
↓ 81.66%
FY20Y/Y Change
Operating Cash Flow
75.0M
↓ 0.06%
Investing Cash Flow
-124.5M
↑ 17.05%
Financing Cash Flow
48.8M
↑ 63.73%
FY21Y/Y Change
Operating Cash Flow
52.3M
↓ 30.29%
Investing Cash Flow
-216.1M
↑ 73.54%
Financing Cash Flow
215.9M
↑ 342.8%
FY22Y/Y Change
Operating Cash Flow
249.5M
↑ 377.52%
Investing Cash Flow
-135.8M
↓ 37.18%
Financing Cash Flow
-135.4M
↓ 162.72%
Q3 FY22Q/Q Change
Operating Cash Flow
79.7M
↑ 12.18%
Investing Cash Flow
-239.3M
↑ 286.66%
Financing Cash Flow
176.9M
↓ 1112.1%
Q4 FY22Q/Q Change
Operating Cash Flow
58.3M
↓ 26.81%
Investing Cash Flow
-135.8M
↓ 43.27%
Financing Cash Flow
-112.3M
↓ 163.47%
Q1 FY23Q/Q Change
Operating Cash Flow
46.9M
↓ 19.53%
Investing Cash Flow
-19.5M
↓ 85.62%
Financing Cash Flow
-36.6M
↓ 67.42%
Q2 FY23Q/Q Change
Operating Cash Flow
80.3M
↑ 71.14%
Investing Cash Flow
-64.4M
↑ 230.1%
Financing Cash Flow
-8.2M
↓ 77.67%
Q3 FY23Q/Q Change
Operating Cash Flow
75.8M
↓ 5.59%
Investing Cash Flow
-142.6M
↑ 121.32%
Financing Cash Flow
-10.7M
↑ 30.59%

Technicals Summary

Sell

Neutral

Buy

Independence Realty Trust Inc is currently in a neutral trading position according to technical analysis indicators.

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Independence Realty Trust Inc
Independence Realty Trust Inc
3.43%
14.86%
0.63%
-7.73%
-7.73%
Equity Residential
Equity Residential
-1.09%
2.66%
2.75%
-13.59%
-20.5%
Sun Communities Inc
Sun Communities Inc
-7.95%
15.55%
-11.63%
-28.54%
-28.54%
Essex Property Trust Inc.
Essex Property Trust Inc.
0.91%
9.02%
15.08%
-14.97%
-17.11%
Invitation Homes Inc.
Invitation Homes Inc.
-2.72%
3.76%
5.34%
4.11%
36.01%
Avalonbay Communities Inc.
Avalonbay Communities Inc.
0.77%
3.09%
8.19%
-1.33%
-9.97%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Independence Realty Trust Inc
Independence Realty Trust Inc
58.16
NA
4.57
0.36
0.0
0.01
0.04
15.29
Equity Residential
Equity Residential
29.56
29.56
1.6
1.52
0.07
0.03
0.04
29.13
Sun Communities Inc
Sun Communities Inc
72.32
NA
5.89
2.06
-0.03
0.02
0.03
56.92
Essex Property Trust Inc.
Essex Property Trust Inc.
38.61
38.61
7.91
5.27
0.07
0.03
0.04
84.46
Invitation Homes Inc.
Invitation Homes Inc.
40.89
40.89
19.97
0.71
0.05
0.02
0.03
16.6
Avalonbay Communities Inc.
Avalonbay Communities Inc.
28.41
28.41
5.1
4.91
0.08
0.03
0.04
83.07
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Independence Realty Trust Inc
Independence Realty Trust Inc
Buy
$3.8B
-7.73%
58.16
-2.62%
Equity Residential
Equity Residential
Hold
$23.9B
-20.5%
29.56
29.07%
Sun Communities Inc
Sun Communities Inc
Buy
$16.1B
-28.54%
72.32
-6.71%
Essex Property Trust Inc.
Essex Property Trust Inc.
Hold
$16.2B
-17.11%
38.61
24.16%
Invitation Homes Inc.
Invitation Homes Inc.
Buy
$21.3B
36.01%
40.89
21.52%
Avalonbay Communities Inc.
Avalonbay Communities Inc.
Buy
$26.5B
-9.97%
28.41
33.4%

Institutional Holdings

  • BlackRock Inc

    15.99%
  • Vanguard Group Inc

    14.41%
  • State Street Corporation

    6.16%
  • T. Rowe Price Investment Management,Inc.

    4.66%
  • Macquarie Group Ltd

    3.94%
  • Morgan Stanley - Brokerage Accounts

    3.85%

Corporate Announcements

  • Independence Realty Trust Inc Dividends March,2024

    In the quarter ending March,2024. Independence Realty Trust Inc has declared dividend of $0.16

    Read More

Company Information

independence realty trust inc (irt) is a real estate company located in cira centre, 2929 arch street 17th floor, philadelphia, pa 19104, united states, philadelphia, pennsylvania, united states.

Organization
Independence Realty Trust Inc
Employees
952
CEO
Mr. Scott F. Schaeffer
Industry
Finance

FAQs