Independence Realty Trust, Inc.
General ticker "IRT" information:
- Sector: Real Estate
- Industry: REIT - Residential
- Capitalization: $4.3B (TTM average)
Independence Realty Trust, Inc. does not follow the US Stock Market performance with the rate: -15.0%.
Estimated limits based on current volatility of 1.0%: low 16.97$, high 17.31$
Factors to consider:
- Company pays dividends (quarterly): last record date 2025-12-31, amount 0.17$ (Y3.94%)
- Total employees count: 917 as of 2024
- Company does not operate outside US (retrieved using AI)
- Top business risk factors: Resident rent payment risk, Economic downturns and volatility, Liquidity and credit risks, Project cost overruns, Inflationary pressures
- Price in estimated range
- Earnings for 9 months up through Q3 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [17.05$, 22.88$]
- 2025-12-31 to 2026-12-31 estimated range: [17.09$, 23.10$]
Financial Metrics affecting the IRT estimates:
- Positive: with PPE of 17.3 at the end of fiscal year the price was neutral
- Positive: Operating profit margin, % of 20.22 > 18.33
- Positive: 42.53 < Shareholder equity ratio, % of 56.82 <= 64.17
- Positive: Industry inventory ratio change (median), % of 0 <= 0
- Positive: Industry earnings per price (median), % of 4.85 > 4.45
- Negative: Return on assets ratio (scaled to [-100,100]) of 0.66 <= 1.77
- Negative: Industry operating cash flow per share per price (median), % of 5.82 <= 10.14
Short-term IRT quotes
Long-term IRT plot with estimates
Financial data
| YTD | 2023-12-31 | 2024-12-31 |
|---|---|---|
| Operating Revenue | $660.98MM | $640.03MM |
| Operating Expenses | $513.14MM | $510.61MM |
| Operating Income | $147.84MM | $129.43MM |
| Non-Operating Income | $-165.65MM | $-89.39MM |
| Interest Expense | $89.92MM | $76.14MM |
| Income(Loss) | $-17.81MM | $40.03MM |
| Profit(Loss)* | $-17.23MM | $39.29MM |
| Stockholders Equity | $3,431.30MM | $3,442.28MM |
| Assets | $6,280.18MM | $6,057.92MM |
| Operating Cash Flow | $262.17MM | $259.75MM |
| Capital expenditure | $146.63MM | $175.06MM |
| Investing Cash Flow | $-1.71MM | $-20.61MM |
| Financing Cash Flow | $-253.74MM | $-246.43MM |
| Earnings Per Share** | $-0.08 | $0.17 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.