B
Bull
Bull · 25%IRT
$15.63
Scenario price
$16.310
-0.090 (-0.55%)At close
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- High
- 16.505
- Open
- 16.470
- VWAP
- 16.37
- Vol
- 2.12M
- Mkt Cap
- 4.15B
- Low
- 16.300
- Amount
- 34.79M
- EV/EBITDA, TTM
- 18.46
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.
Analyst Ratings (8)
+39.67% upside
Buy
7 Buy
1 Hold
0 Sell
Current: 16.31
Low
22.00
Average
22.78
High
25.00
RBC Capital
Outperform
$19
2026-08-05
RBC Capital
2026-08-05
Price Target
$19
Outperform
Deutsche Bank
Hold
$18
2026-07-20
Deutsche Bank
2026-07-20
Price Target
$18
Hold
Barclays
Overweight
$20
2026-07-14
Barclays
2026-07-14
Price Target
$20
Overweight
UBS
Buy
$19
2026-05-14
UBS
2026-05-14
Price Target
$19
Buy
Barclays
Equal Weight
$19
2026-05-11
Barclays
2026-05-11
Price Target
$19
Equal Weight
Valuation Metrics
The current forward P/E ratio for Independence Realty Trust Inc (IRT) is 80.11, compared to its 5-year average forward P/E of 53.42.
Alphio AI Price Scenarios for IRT
Scenario prices are the last monthly forecast band of the current year. Probabilities are fixed model weights (25 / 50 / 25), not guarantees.
Whales holding IRT
Events Timeline
News
9.508-04seekingalphaIndependence Realty Trust Q2 Earnings Review
- 9.508-03seekingalpha
Independence Realty Trust Q2 Earnings Analysis
6.007-14CNBCLatest Wall Street Rating Updates
9.507-13NewsfilterIndependence Realty Trust Announces Q2 2026 Earnings Release Date
- 8.005-14seekingalpha
Independence Realty Trust Increases Quarterly Dividend by 5.9%
IRT FAQ — answered by Alphio AI
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. It operates in the Real Estate sector (REAL ESTATE INVESTMENT TRUSTS industry).
8 analysts cover IRT: 7 rate it Buy, 1 Hold and 0 Sell. The average price target is 22.78.
This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.