Independence Realty Trust Inc
General ticker "IRT" information:
- Sector: Real Estate
- Industry: Residential REITs
- Capitalization: $4.8B
Independence Realty Trust Inc follows the US Stock Market performance with the rate: 65.6%.
Estimated limits based on current volatility of 2.2%: low 19.99$, high 20.88$
Factors to consider:
- Company pays dividends: last record date 2024-09-30, amount 0.16$ (Y3.17%)
- Company does not operate outside North America (retrieved using AI)
- Price in estimated range
- Earnings for 18 months up through Q2 (+1 year) are close to 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 2022-12-31 to 2024-12-30
- 2022-12-31 to 2023-12-31 estimated range: [16.62$, 22.45$]
- 2023-12-31 to 2024-12-30 estimated range: [15.94$, 22.03$]
Financial Metrics affecting the IRT estimates:
- Positive: 0.93 < Non-GAAP EPS, $ of 1.08
- Positive: 9.05 < Operating profit margin, % of 14.72
- Positive: -0.25 < Return on assets ratio (scaled to [-100,100]) of 0.51
- Negative: Industry earnings per price (median), % of 5.72 <= 5.96
- Positive: 3.85 < Industry operating cash flow per share per price (median), % of 6.05
- Positive: Interest expense per share, $ of 0.39 <= 0.74
Short-term IRT quotes
Long-term IRT plot with estimates
Financial data
| YTD | 2020-12-31 | 2021-12-31 | 2022-12-31 |
|---|---|---|---|
| Operating Revenue | $211.91MM | $250.25MM | $628.52MM |
| Operating Expenses | $167.38MM | $198.31MM | $536.03MM |
| Operating Income | $44.52MM | $51.94MM | $92.50MM |
| Non-Operating Income | $-29.64MM | $-6.41MM | $28.16MM |
| Interest Expense | $36.49MM | $36.40MM | $86.95MM |
| R&D Expense | $0.00MM | $0.00MM | $0.00MM |
| Income(Loss) | $14.88MM | $45.53MM | $120.66MM |
| Taxes | $0.00MM | $37.34MM | $86.95MM |
| Profit(Loss) | $14.88MM | $8.19MM | $33.70MM |
| Stockholders Equity | $708.06MM | $3,480.76MM | $3,596.66MM |
| Assets | $1,734.90MM | $6,506.70MM | $6,532.10MM |
| Operating Cash Flow | $74.96MM | $52.26MM | $249.54MM |
| Capital expenditure | $37.40MM | $42.97MM | $83.98MM |
| Investing Cash Flow | $-124.54MM | $-216.12MM | $-135.77MM |
| Financing Cash Flow | $48.76MM | $215.92MM | $-135.43MM |
| Earnings Per Share* | $0.23 | $0.08 | $0.15 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.