Independence Realty Trust Inc (IRT)

$18.88

+0.39

(+2.11%)

Market is closed - opens 7 PM, 29 Jul 2024

Performance

  • $18.56
    $18.96
    $18.88
    downward going graph

    1.69%

    Downside

    Day's Volatility :2.08%

    Upside

    0.4%

    downward going graph
  • $11.28
    $19.51
    $18.88
    downward going graph

    40.25%

    Downside

    52 Weeks Volatility :42.18%

    Upside

    3.23%

    downward going graph

Returns

PeriodIndependence Realty Trust IncSector (Real Estate)Index (Russel 2000)
3 Months
16.58%
9.9%
0.0%
6 Months
22.21%
4.1%
0.0%
1 Year
6.69%
3.2%
0.0%
3 Years
-7.13%
-13.4%
-20.2%

Highlights

Market Capitalization
4.4B
Book Value
$15.24
Dividend Share
0.64
Dividend Yield
3.38%
Earnings Per Share (EPS)
-0.04
PEG Ratio
4.57
Wall Street Target Price
18.3
Profit Margin
-1.27%
Operating Margin TTM
19.29%
Return On Assets TTM
1.41%
Return On Equity TTM
-0.24%
Revenue TTM
655.7M
Revenue Per Share TTM
2.92
Quarterly Revenue Growth YOY
-0.5%
Gross Profit TTM
371.3M
EBITDA
355.1M
Diluted Eps TTM
-0.04
Quarterly Earnings Growth YOY
1.03
EPS Estimate Current Year
0.28
EPS Estimate Next Year
0.29
EPS Estimate Current Quarter
0.12
EPS Estimate Next Quarter
0.07

Analyst Recommendation

Buy
    75%Buy
    18%Hold
    6%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
12
12
12
Hold
3
3
3
Sell
1
1
1

Analyst Forecast

What analysts predicted

Downside of 3.07%

Current $18.88
Target $18.30

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%
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%
Q1 FY24Q/Q Change
Revenue
160.5M
↓ 3.9%
Net Income
17.6M
↓ 143.38%
Net Profit Margin
10.95%
↑ 35.2%
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%
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%
Q1 FY24Q/Q Change
Total Assets
6.0B
↓ 4.89%
Total Liabilities
2.4B
↓ 11.03%
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%
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
1.04%
22.21%
6.69%
-7.13%
6.63%
Equity Residential
Equity Residential
2.21%
17.51%
3.19%
-17.72%
-11.51%
Essex Property Trust Inc.
Essex Property Trust Inc.
3.47%
19.59%
18.07%
-14.62%
-7.02%
Invitation Homes Inc.
Invitation Homes Inc.
-5.44%
-0.15%
-6.53%
-17.52%
21.3%
Avalonbay Communities Inc.
Avalonbay Communities Inc.
-0.52%
14.27%
5.78%
-10.33%
-2.66%
Mid-america Apartment Communities Inc.
Mid-america Apartment Communities Inc.
0.7%
7.09%
-8.37%
-24.99%
18.01%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Independence Realty Trust Inc
Independence Realty Trust Inc
58.16
NA
4.57
0.28
0.0
0.01
0.03
15.24
Equity Residential
Equity Residential
29.71
29.71
6.35
1.98
0.08
0.03
0.04
29.16
Essex Property Trust Inc.
Essex Property Trust Inc.
34.96
34.96
7.76
8.26
0.1
0.03
0.03
86.41
Invitation Homes Inc.
Invitation Homes Inc.
41.55
41.55
19.43
0.76
0.05
0.02
0.03
16.55
Avalonbay Communities Inc.
Avalonbay Communities Inc.
30.57
30.57
5.03
4.99
0.08
0.03
0.03
82.5
Mid-america Apartment Communities Inc.
Mid-america Apartment Communities Inc.
30.08
30.08
10.19
4.34
0.09
0.04
0.04
52.02
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Independence Realty Trust Inc
Independence Realty Trust Inc
Buy
$4.4B
6.63%
58.16
-1.27%
Equity Residential
Equity Residential
Hold
$26.3B
-11.51%
29.71
31.7%
Essex Property Trust Inc.
Essex Property Trust Inc.
Hold
$19.0B
-7.02%
34.96
30.96%
Invitation Homes Inc.
Invitation Homes Inc.
Buy
$22.4B
21.3%
41.55
21.93%
Avalonbay Communities Inc.
Avalonbay Communities Inc.
Hold
$29.3B
-2.66%
30.57
33.81%
Mid-america Apartment Communities Inc.
Mid-america Apartment Communities Inc.
Hold
$17.2B
18.01%
30.08
25.92%

Insights on Independence Realty Trust Inc

  • Decreasing Revenue

    Revenue is down for the last 3 quarters, 168.60M → 160.53M (in $), with an average decrease of 2.4% per quarter

  • Increasing Net Profit

    Netprofit is up for the last 2 quarters, -40.51M → 17.57M (in $), with an average increase of 330.5% per quarter

  • Vs ESS

    In the last 1 year, Essex Property Trust Inc. has given 18.1% return, outperforming this stock by 11.4%

Institutional Holdings

  • BlackRock Inc

    15.47%
  • Vanguard Group Inc

    14.55%
  • State Street Corporation

    5.63%
  • T. Rowe Price Investment Management,Inc.

    5.62%
  • Long Pond Capital, LP

    4.63%
  • Macquarie Group Ltd

    3.82%

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