Independence Realty Trust Stock (NYSE:IRT)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$21.36

52W Range

$13.24 - $21.37

50D Avg

$20.17

200D Avg

$17.97

Market Cap

$4.81B

Avg Vol (3M)

$2.12M

Beta

1.16

Div Yield

$0.64 (3.00%)

IRT Company Profile


Independence Realty Trust, Inc. (NYSE: IRT) is a real estate investment trust that owns and operates multifamily apartment properties across non-gateway U.S. markets, including Atlanta, Louisville, Memphis, and Raleigh. 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.

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Industry

REIT - Residential

Sector

Real Estate

Exchange

NYSE

ADR

-

Country

US

Employees

952

IPO Date

Aug 13, 2013

Website

IRT Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 18
Tenant Reimbursement Income$6.55M
Real Estate Other$13.65M

Fiscal year ends in Dec 23 | Currency in USD

IRT Financial Summary


Dec 23Dec 22Dec 21
Revenue$660.98M$628.52M$250.25M
Operating Income$147.84M$92.50M$51.94M
Net Income$-17.23M$33.70M$8.19M
EBITDA$366.81M$345.35M$128.85M
Basic EPS$-0.08$0.15$0.07
Diluted EPS$-0.08$0.15$0.07

Fiscal year ends in Dec 23 | Currency in USD

Latest Earnings Call Transcripts


Q3 24Oct 31, 24 | 4:48 PM
Q2 24Aug 01, 24 | 2:41 PM
Q1 24Apr 25, 24 | 12:00 AM

Peer Comparison


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