Independence Realty Trust Inc

Independence Realty Trust Inc (IRT)

$17.97

+0.47

(+2.69%)

Market is closed - opens 7 PM, 05 Jun 2023

Insights on Independence Realty Trust Inc

  • Decreasing Revenue

    Revenue is down for the last 2 quarters, 162.79M → 161.37M (in $), with an average decrease of 0.9% per quarter

  • Decreasing Net Profit

    Netprofit is down for the last 2 quarters, 33.63M → 8.64M (in $), with an average decrease of 74.3% per quarter

  • Vs INVH

    In the last 1 year, Independence Realty Trust Inc has experienced a drawdown of -24.3%, however Invitation Homes Inc resisted the overall trend and outperformed by 14.4%

Performance

  • $17.72
    $18.22
    $17.97
    downward going graph

    1.39%

    Downside

    Day's Volatility :2.72%

    Upside

    1.35%

    downward going graph
  • $14.42
    $23.37
    $17.97
    downward going graph

    19.76%

    Downside

    52 Weeks Volatility :38.3%

    Upside

    23.11%

    downward going graph

Returns

PeriodIndependence Realty Trust IncSector (Real Estate)Index (Russel 2000)
3 Months
0.22%
-5.0%
-8.3%
6 Months
3.69%
-5.5%
-6.5%
1 Year
-24.34%
-16.0%
-6.1%
3 Years
3.63%
1.1%
21.8%

Highlights

Market Capitalization
4.0B
Book Value
$15.9
Dividend Share
0.56
Dividend Yield
3.66%
Earnings Per Share (EPS)
0.23
PE Ratio
76.09
PEG Ratio
4.57
Wall Street Target Price
20.25
Profit Margin
8.03%
Operating Margin TTM
19.19%
Return On Assets TTM
1.19%
Return On Equity TTM
1.42%
Revenue TTM
638.8M
Revenue Per Share TTM
2.87
Quarterly Revenue Growth YOY
6.9%
Gross Profit TTM
372.2M
EBITDA
349.0M
Diluted Eps TTM
0.23
Quarterly Earnings Growth YOY
-0.89
EPS Estimate Current Year
0.21
EPS Estimate Next Year
0.3
EPS Estimate Current Quarter
0.03
EPS Estimate Next Quarter
0.04

Analyst Recommendation

Buy
    68%Buy
    31%Hold
    0
    0%Sell
Based on 16 Wall street analysts offering stock ratings for Independence Realty Trust Inc(by analysts ranked 0 to 5 stars)
Based on 16 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
11
11
12
Hold
5
5
5
Sell
00
00
00

Analyst Forecast

What analysts predicted

Upside of 12.69%

Current $17.97
Target $20.25

Company Financials

FY17Y/Y Change
Revenue
161.2M
↑ 5.1%
Net Income
30.2M
↓ 408.19%
Net Profit Margin
18.74%
↑ 25.13%
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
45.9M
↑ 74.59%
Net Profit Margin
22.58%
↑ 8.83%
FY20Y/Y Change
Revenue
211.9M
↑ 4.27%
Net Income
14.8M
↓ 67.82%
Net Profit Margin
6.97%
↓ 15.61%
FY21Y/Y Change
Revenue
250.3M
↑ 18.1%
Net Income
44.6M
↑ 201.93%
Net Profit Margin
17.82%
↑ 10.85%
FY22Y/Y Change
Revenue
628.5M
↑ 151.16%
Net Income
117.2M
↑ 162.95%
Net Profit Margin
18.65%
↑ 0.83%
Q4 FY21Q/Q Change
Revenue
76.9M
↑ 26.55%
Net Income
28.6M
↑ 148.78%
Net Profit Margin
37.2%
↑ 18.28%
Q1 FY22Q/Q Change
Revenue
150.4M
↑ 95.49%
Net Income
74.6M
↑ 160.7%
Net Profit Margin
49.61%
↑ 12.41%
Q2 FY22Q/Q Change
Revenue
154.8M
↑ 2.93%
Net Income
-7.2M
↓ 109.66%
Net Profit Margin
-4.66%
↓ 54.27%
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
33.6M
↑ 107.3%
Net Profit Margin
20.66%
↑ 10.56%
Q1 FY23Q/Q Change
Revenue
161.4M
↓ 0.88%
Net Income
8.6M
↓ 74.29%
Net Profit Margin
5.36%
↓ 15.3%
FY17Y/Y Change
Total Assets
1.5B
↑ 12.08%
Total Liabilities
804.5M
↑ 5.09%
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%
Q4 FY21Q/Q Change
Total Assets
6.5B
↑ 252.3%
Total Liabilities
2.9B
↑ 161.15%
Q1 FY22Q/Q Change
Total Assets
6.4B
↓ 1.83%
Total Liabilities
2.7B
↓ 6.66%
Q2 FY22Q/Q Change
Total Assets
6.4B
↓ 0.01%
Total Liabilities
2.7B
↑ 1.16%
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%
FY17Y/Y Change
Operating Cash Flow
54.3M
↓ 821.15%
Investing Cash Flow
-190.8M
↓ 786.94%
Financing Cash Flow
125.6M
↓ 433.54%
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%
Q4 FY21Q/Q Change
Operating Cash Flow
-21.5M
↓ 170.45%
Investing Cash Flow
-70.7M
↓ 432.75%
Financing Cash Flow
143.0M
↓ 381.07%
Q1 FY22Q/Q Change
Operating Cash Flow
40.6M
↓ 289.03%
Investing Cash Flow
127.1M
↓ 279.76%
Financing Cash Flow
-182.6M
↓ 227.69%
Q2 FY22Q/Q Change
Operating Cash Flow
71.0M
↑ 74.98%
Investing Cash Flow
-61.9M
↓ 148.71%
Financing Cash Flow
-17.5M
↓ 90.43%
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%
Q1 FY23Q/Q Change
Operating Cash Flow
46.9M
↓ 19.53%
Investing Cash Flow
-19.5M
-
Financing Cash Flow
-36.6M
↓ 67.42%

Technicals Summary

Sell

Neutral

Buy

Independence Realty Trust Inc is currently in a favorable trading position ( BUY ) according to technical analysis indicators.

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Independence Realty Trust Inc
Independence Realty Trust Inc
9.37%
3.69%
-24.34%
3.63%
3.63%
Equity Residential
Equity Residential
1.22%
0.19%
-17.06%
2.37%
-2.35%
Sun Communities Inc
Sun Communities Inc
-0.93%
-6.5%
-20.03%
-21.5%
-21.5%
Invitation Homes Inc.
Invitation Homes Inc.
3.11%
7.28%
-9.92%
23.98%
54.32%
Avalonbay Communities Inc.
Avalonbay Communities Inc.
1.91%
6.4%
-11.62%
11.85%
7.22%
Mid-America Apartment Communities Inc.
Mid-America Apartment Communities Inc.
0.72%
-5.48%
-15.89%
23.1%
57.68%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Independence Realty Trust Inc
Independence Realty Trust Inc
76.09
76.09
4.57
0.21
0.01
0.01
0.04
15.9
Equity Residential
Equity Residential
26.11
26.11
1.28
1.67
0.08
0.03
0.04
29.3
Sun Communities Inc
Sun Communities Inc
73.18
73.18
29.63
2.62
0.03
0.02
0.03
61.81
Invitation Homes Inc.
Invitation Homes Inc.
50.76
50.76
3.24
0.69
0.04
0.02
0.03
16.7
Avalonbay Communities Inc.
Avalonbay Communities Inc.
24.2
24.2
1.46
4.76
0.09
0.03
0.04
79.88
Mid-America Apartment Communities Inc.
Mid-America Apartment Communities Inc.
26.34
26.34
10.19
4.53
0.11
0.04
0.04
53.03
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Independence Realty Trust Inc
Independence Realty Trust Inc
Buy
$4.0B
3.63%
76.09
8.03%
Equity Residential
Equity Residential
Hold
$23.3B
-2.35%
26.11
32.95%
Sun Communities Inc
Sun Communities Inc
Buy
$16.6B
-21.5%
73.18
6.95%
Invitation Homes Inc.
Invitation Homes Inc.
Buy
$21.2B
54.32%
50.76
17.99%
Avalonbay Communities Inc.
Avalonbay Communities Inc.
Hold
$25.1B
7.22%
24.2
38.21%
Mid-America Apartment Communities Inc.
Mid-America Apartment Communities Inc.
Hold
$18.0B
57.68%
26.34
31.96%

Institutional Holdings

  • Vanguard Group Inc

    14.75%
  • BlackRock Inc

    13.86%
  • State Street Corporation

    6.12%
  • Macquarie Group Ltd

    3.91%
  • T. Rowe Price Investment Management,Inc.

    3.33%
  • Long Pond Capital, LP

    2.15%

Corporate Announcements

  • Independence Realty Trust Inc Dividends March,2023

    In the quarter ending March,2023. Independence Realty Trust Inc has declared dividend of $0.14

    Read More

Company Information

Independence Realty Trust is a real estate investment trust that owns and operates multifamily apartment properties across non-gateway U.S. markets, including Atlanta, Dallas, Louisville, Memphis, Raleigh and Tampa. 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.

Organization
Independence Realty Trust Inc
Employees
923
CEO
Mr. Scott F. Schaeffer
Industry
Finance

FAQs