Independence Realty Trust Stock (NYSE:IRT)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$18.80

52W Range

$15.27 - $22.26

50D Avg

$20.39

200D Avg

$20.03

Market Cap

$4.36B

Avg Vol (3M)

$2.09M

Beta

0.98

Div Yield

$0.64 (3.39%)

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

917

IPO Date

Aug 13, 2013

Website

IRT Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

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

Fiscal year ends in Dec 24 | Currency in USD

IRT Financial Summary


Dec 24Dec 23Dec 22
Revenue$640.03M$660.98M$628.52M
Operating Income$404.45M$147.84M$92.50M
Net Income$40.03M$-17.23M$33.70M
EBITDA$220.85M$291.08M$345.35M
Basic EPS$0.18$-0.08$0.15
Diluted EPS$0.18$-0.08$0.15

Fiscal year ends in Dec 24 | Currency in USD

Latest Earnings Call Transcripts


Q4 24Feb 13, 25 | 9:00 AM
Q3 24Oct 31, 24 | 9:00 AM
Q2 24Aug 01, 24 | 9:00 AM

Peer Comparison


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BRTBRT Apartments Corp.