Independence Realty Trust Inc (IRT)

$21.48

+0.13

(+0.61%)▲

Market is closed - opens 8 PM, 22 Nov 2024

Performance

  • $21.44
    $21.71
    $21.48
    downward going graph

    0.21%

    Downside

    Day's Volatility :1.24%

    Upside

    1.04%

    downward going graph
  • $13.12
    $21.49
    $21.48
    downward going graph

    38.94%

    Downside

    52 Weeks Volatility :38.96%

    Upside

    0.02%

    downward going graph

Returns

PeriodIndependence Realty Trust IncSector (Real Estate)Index (Russel 2000)
3 Months
8.16%
2.8%
0.0%
6 Months
25.37%
12.9%
0.0%
1 Year
60.53%
20.5%
0.0%
3 Years
-14.39%
-9.8%
-24.5%

Highlights

Market Capitalization
4.9B
Book Value
$14.93
Dividend Share
0.64
Dividend Yield
3.03%
Earnings Per Share (EPS)
0.0
PE Ratio
0.0
PEG Ratio
4.57
Wall Street Target Price
21.05
Profit Margin
-0.03%
Operating Margin TTM
20.1%
Return On Assets TTM
1.28%
Return On Equity TTM
-0.01%
Revenue TTM
641.6M
Revenue Per Share TTM
2.86
Quarterly Revenue Growth YOY
-5.0%
Gross Profit TTM
371.3M
EBITDA
346.9M
Diluted Eps TTM
0.0
Quarterly Earnings Growth YOY
1.86
EPS Estimate Current Year
0.26
EPS Estimate Next Year
0.27
EPS Estimate Current Quarter
0.09
EPS Estimate Next Quarter
0.08

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 2.0%

Current $21.48
Target $21.05

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%
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%
Q2 FY24Q/Q Change
Revenue
158.4M
↓ 1.33%
Net Income
10.4M
↓ 41.09%
Net Profit Margin
6.54%
↓ 4.41%
Q3 FY24Q/Q Change
Revenue
160.1M
↑ 1.09%
Net Income
12.4M
↑ 19.42%
Net Profit Margin
7.72%
↑ 1.18%
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%
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%
Q2 FY24Q/Q Change
Total Assets
5.9B
↓ 0.55%
Total Liabilities
2.4B
↓ 0.29%
Q3 FY24Q/Q Change
Total Assets
5.9B
↑ 0.13%
Total Liabilities
2.5B
↑ 2.19%
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%
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 favorable trading position ( BUY ) according to technical analysis indicators.

More on Technical Analysis

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Independence Realty Trust Inc
Independence Realty Trust Inc
9.77%
25.37%
60.53%
-14.39%
23.13%
Equity Residential
Equity Residential
-0.32%
10.66%
31.67%
-13.26%
-13.09%
Essex Property Trust Inc.
Essex Property Trust Inc.
3.16%
13.79%
41.35%
-12.91%
-4.65%
Invitation Homes Inc.
Invitation Homes Inc.
-0.03%
-4.21%
1.63%
-17.3%
14.94%
Avalonbay Communities Inc.
Avalonbay Communities Inc.
1.78%
14.95%
33.61%
-4.3%
7.26%
Mid-america Apartment Communities Inc.
Mid-america Apartment Communities Inc.
3.36%
15.56%
29.76%
-22.03%
16.52%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Independence Realty Trust Inc
Independence Realty Trust Inc
0.0
0.0
4.57
0.26
0.0
0.01
0.03
14.93
Equity Residential
Equity Residential
31.43
31.19
7.87
1.39
0.08
0.03
0.04
28.57
Essex Property Trust Inc.
Essex Property Trust Inc.
35.21
35.07
7.14
7.53
0.1
0.03
0.03
84.55
Invitation Homes Inc.
Invitation Homes Inc.
47.43
47.26
15.75
0.49
0.04
0.02
0.03
16.19
Avalonbay Communities Inc.
Avalonbay Communities Inc.
31.36
31.34
6.46
5.26
0.09
0.03
0.03
83.67
Mid-america Apartment Communities Inc.
Mid-america Apartment Communities Inc.
35.62
35.61
10.19
8.87
0.09
0.04
0.04
50.9
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Independence Realty Trust Inc
Independence Realty Trust Inc
Buy
$4.9B
23.13%
0.0
-0.03%
Equity Residential
Equity Residential
Hold
$29.1B
-13.09%
31.43
31.57%
Essex Property Trust Inc.
Essex Property Trust Inc.
Hold
$20.1B
-4.65%
35.21
31.35%
Invitation Homes Inc.
Invitation Homes Inc.
Buy
$20.9B
14.94%
47.43
17.24%
Avalonbay Communities Inc.
Avalonbay Communities Inc.
Hold
$32.6B
7.26%
31.36
35.61%
Mid-america Apartment Communities Inc.
Mid-america Apartment Communities Inc.
Hold
$19.0B
16.52%
35.62
23.88%

Insights on Independence Realty Trust Inc

  • Increasing Revenue

    Revenue is up for the last 2 quarters, 158.40M → 160.13M (in $), with an average increase of 1.1% per quarter

  • Increasing Net Profit

    Netprofit is up for the last 2 quarters, 10.35M → 12.36M (in $), with an average increase of 16.3% per quarter

  • Vs AVB

    In the last 3 years, Independence Realty Trust Inc has experienced a drawdown of -15.8%, however Avalonbay Communities Inc. resisted the overall trend and outperformed by 2.3%

Institutional Holdings

  • BlackRock Inc

    14.68%

  • Vanguard Group Inc

    14.50%

  • T. Rowe Price Investment Management,Inc.

    5.89%

  • State Street Corp

    5.61%

  • AllianceBernstein L.P.

    4.42%

  • Macquarie Group Ltd

    4.07%

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