Independence Realty Trust Inc
$ 16.87
0.84%
12 Jun - close price
- Market Cap 4,076,742,000 USD
- Current Price $ 16.87
- High / Low $ 16.96 / 16.76
- Stock P/E 84.35
- Book Value 14.42
- EPS 0.20
- Next Earning Report 2026-07-29
- Dividend Per Share $0.68
- Dividend Yield 4.06 %
- Next Dividend Date 2026-07-17
- ROA 0.01 %
- ROE 0.01 %
- 52 Week High 17.62
- 52 Week Low 14.60
About
Independence Realty Trust, Inc. (NYSE: IRT) is a real estate investment trust that owns and operates multi-family apartment properties in non-entry US markets, including Atlanta, Louisville, Memphis and Raleigh.
Analyst Target Price
$19.14
Quarterly Earnings
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Date | 2026-04-29 | 2026-02-11 | 2025-10-29 | 2025-07-30 | 2025-04-30 | 2025-02-12 | 2024-10-30 | 2024-07-31 | 2024-04-24 | 2024-02-14 | 2023-10-30 | 2023-07-26 |
| Reported EPS | 0.0048 | 0.06 | 0.04 | 0.03 | 0.03 | 0.09 | 0.06 | 0.05 | 0.04 | -0.18 | 0.02 | 0.05 |
| Estimated EPS | 0.03 | 0.08 | 0.06 | 0.05 | 0.03 | 0.03 | 0.06 | 0.07 | 0.05 | 0.01 | 0.08 | 0.02 |
| Surprise | -0.0252 | -0.02 | -0.02 | -0.02 | 0 | 0.06 | 0 | -0.02 | -0.01 | -0.19 | -0.06 | 0.03 |
| Surprise Percentage | -84% | -25% | -33.3333% | -40% | 0% | 200% | 0% | -28.5714% | -20% | -1900% | -75% | 150% |
Next Quarterly Earnings
| Jun 2026 | |
|---|---|
| Reported Date | 2026-07-29 |
| Fiscal Date Ending | 2026-06-30 |
| Estimated EPS | 0.28 |
| Currency | USD |
Previous Dividend Records
| Apr 2026 | Jan 2026 | Oct 2025 | Jul 2025 | Apr 2025 | Jan 2025 | Oct 2024 | Jul 2024 | Apr 2024 | Jan 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Payment Date | 2026-04-17 | 2026-01-23 | 2025-10-24 | 2025-07-18 | 2025-04-21 | 2025-01-17 | 2024-10-18 | 2024-07-19 | 2024-04-19 | 2024-01-19 |
| Amount | $0.17 | $0.17 | $0.17 | $0.17 | $0.16 | $0.16 | $0.16 | $0.16 | $0.16 | $0.16 |
Next Dividend Records
| Dividend per share (year): | $0.68 |
| Dividend Yield | 4.06% |
| Next Dividend Date | 2026-07-17 |
| Ex-Dividend Date | 2026-06-26 |
Recent News: IRT
2026-06-13 06:39:33
Independence Realty Trust (IRT) has terminated its Equity Distribution Agreement, which allowed it to sell up to $450 million in common stock. This move is associated with the expiration of its old shelf registration statement, which has been replaced by a new one, with no termination penalties. The announcement follows IRT's Q1 2026 earnings, which missed analyst expectations for both EPS and revenue.
2026-06-12 21:09:34
Independence Realty Trust (IRT) has terminated its Equity Distribution Agreement for at-the-market common stock offerings, which previously allowed for the sale of shares up to an aggregate gross sales price of $450 million. This termination, effective June 12, 2026, occurred in conjunction with the filing of a new automatic shelf registration statement to replace an expiring one, ensuring the company's future access to capital markets without incurring termination penalties.
2026-06-12 21:09:34
Independence Realty Trust (IRT) has terminated its Equity Distribution Agreement, an ATM program for selling up to $450 million in common stock. The termination was effective June 12, 2026, due to the expiration of its prior automatic shelf registration statement, incurring no penalties. The company has since filed a new shelf registration statement and may consider establishing a new ATM program in the future.
2026-06-06 07:38:50
Geode Capital Management LLC increased its stake in Independence Realty Trust (NYSE:IRT) by 2.4% during Q4, acquiring 148,449 additional shares to bring its total holdings to $112.7 million. The real estate investment trust reported better-than-expected earnings of $0.26 per share, surpassing estimates, and raised its quarterly dividend to $0.18 per share. Analysts currently rate the stock with a consensus "Hold" rating and a target price of $20.06.
2026-06-05 03:09:02
This article analyzes Independence Realty Trust Inc. (NYSE: IRT), noting a neutral sentiment and a mid-channel oscillation pattern. It highlights an exceptional 17.8:1 risk-reward short setup targeting a 5.3% downside with minimal risk. The report provides three distinct AI-generated trading strategies—position, momentum breakout, and risk hedging—tailored to different risk profiles.
2026-06-02 14:09:55
Wells Fargo has maintained its "Overweight" rating on Independence Realty Trust (NYSE:IRT). This indicates a continued positive outlook on the company's stock performance from the financial institution.
