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Independence Realty Trust, Inc.

IRT US

IRT USIndependence Realty Trust, Inc.

United States Composite

16.58

USD

-0.05

(-0.30%)

-0.08EPS Dil.

-215.97P/E

3.72BMarket Cap

3.63%Div. Yield

Independence Realty Trust, Inc.

IRT

(United States Composite)

Recent

price

16.58

P/E

ratio

-215.97

div

yld

3.63%

ROIC.AI

Legends:

Stock price

0.98

Beta (1.0 Market)

% total return 05/08

Stock

S&P500

YTD

-7.03

- -

-3.59

- -

51.48

- -

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

2021

2022

2023

TTM

FRC

- -

0.00

0.90

1.72

3.74

2.31

3.03

2.94

2.20

2.26

2.31

2.83

2.95

- -

0.00

-0.01

0.12

0.14

0.78

-0.19

0.41

0.30

0.51

0.16

0.41

0.53

-0.08

- -

0.00

0.14

0.35

0.86

0.54

0.27

-0.35

0.54

0.32

0.33

0.40

0.09

0.75

0.51

- -

0.00

0.02

0.56

0.70

0.69

0.70

0.71

0.60

0.72

0.60

0.46

0.48

0.60

- -

0.00

-0.01

-0.04

-0.33

-0.52

-0.30

-0.89

-1.00

-1.36

-1.54

-1.75

-0.84

-0.85

-1.54

- -

0.02

4.88

5.24

7.71

8.17

8.21

7.66

7.61

7.06

6.80

6.99

16.26

16.68

15.87

- -

109

222

224

- -

110

153

161

191

203

212

250

629

661

- -

100.00

21.29

23.39

25.98

21.12

21.66

25.89

29.01

27.12

24.79

21.07

20.76

14.81

22.37

- -

253

219

- -

-10

117

-17

- -

20.00

- -

80.00

-1.29

-0.65

3.13

5.98

25.77

-6.39

18.74

13.75

22.58

6.97

17.82

18.65

-2.61

- -

-7

-244

-74

-102

-100

-214

-209

-1,546

-895

-646

- -

101

401

699

597

677

832

802

763

1,163

1,807

1,710

- -

263

390

529

646

630

620

713

3,642

3,738

3,567

- -

1.94

- -

2.85

3.22

2.41

2.33

- -

3.47

3.41

3.13

2.74

1.30

1.46

- -

76.06

- -

1.98

3.03

4.45

7.16

- -

8.12

7.81

9.83

6.30

4.64

7.63

- -

122.74

- -

Capital Structure

FRC

•

in mil. unless spec.

Jun'23

Sep'23

Dec'23

ST Debt

849

878

839

LT Borrowings

1,801

1,837

1,710

LT Finance Leases

- -

Preferred Equity and Hybrid Capital

- -

Shares Outstanding

224

225

Market Capitalization

4,089

3,161

3,438

Working Capital

FRC

•

in mil. unless spec.

Jun'23

Sep'23

Dec'23

Total Current Assets

129

124

347

Cash, Cash Equivalents & STI

Accounts Receivable, Net

- -

Inventories

- -

Total Current Liabilities

1,010

1,062

993

Payables & Accruals

161

184

154

ST Debt

849

878

839

Deferred Revenue

- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years

5 years

1 year

Sales/Revenue/Turnover

51.78%

37.07%

5.09%

Net Income, GAAP

73.93%

51.00%

-114.53%

Free Cash Flow

116.37%

334.52%

-30.12%

Total Cash Common Dividend

69.50%

27.96%

27.36%

Total Equity

77.65%

84.45%

-4.57%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

2021

250

2022

150

155

161

163

629

2023

161

164

169

167

661

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

2021

0.01

0.03

0.11

0.23

0.41

2022

0.34

-0.03

0.07

0.15

0.53

2023

0.04

0.05

0.02

-0.18

-0.08

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

2021

0.12

0.10

0.46

2022

0.08

0.12

0.14

0.48

2023

0.14

0.16

0.60

Business: Independence Realty Trust, Inc. (NYSE: IRT) is a real estate investment trust that owns and operates multifamily communities, across non-gateway U.S. markets including Atlanta, GA, Dallas, TX, Denver, CO, Columbus, OH, Indianapolis, IN, Raleigh-Durham, NC, Oklahoma City, OK, Nashville, TN, Houston, TX, and Tampa, FL. IRT's investment strategy is focused on gaining scale near major employment centers within key amenity rich submarkets that offer good school districts and high-quality retail. 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.

Company News

Yahoo
8 days ago
Independence Realty Trust, Inc. (NYSE:IRT) Q1 2024 Earnings Call Transcript
Yahoo Finance
8 days ago
Independence Realty Trust, Inc. (NYSE:IRT) Q1 2024 Earnings Call Transcript
tipranks.com
12 days ago
Analysts’ Opinions Are Mixed on These Real Estate Stocks: Independence Realty (IRT) and Choice Properties Real Estate Investment (OtherPPRQF)
Tipranks
12 days ago
Analysts’ Opinions Are Mixed on These Real Estate Stocks: Independence Realty (IRT) and Choice Properties Real Estate Investment (OtherPPRQF)
Yahoo Finance
13 days ago
Independence Realty Trust Inc (IRT) (Q1 2024) Earnings Call Transcript Highlights: Strong ...
Yahoo
13 days ago
Independence Realty Trust Inc (IRT) (Q1 2024) Earnings Call Transcript Highlights: Strong ...
GuruFocus.com
13 days ago
Independence Realty Trust Inc (IRT) (Q1 2024) Earnings Call Transcript Highlights: Strong Financial Performance and Strategic Portfolio Optimization
GuruFocus.com
13 days ago
Q1 2024 Independence Realty Trust Inc Earnings Call Transcript
Yahoo Finance
13 days ago
Q1 2024 Independence Realty Trust Inc Earnings Call
Yahoo
13 days ago
Q1 2024 Independence Realty Trust Inc Earnings Call
Yahoo Finance
14 days ago
Independence Realty Trust Announces First Quarter 2024 Financial Results
Yahoo
14 days ago
Independence Realty Trust Announces First Quarter 2024 Financial Results
GuruFocus.com
a month ago
Independence Realty Trust Announces First Quarter 2024 Earnings Release and Conference Call Dates
Yahoo Finance
a month ago
Independence Realty Trust Announces First Quarter 2024 Earnings Release and Conference Call Dates
Yahoo
a month ago
Independence Realty Trust Announces First Quarter 2024 Earnings Release and Conference Call Dates
Yahoo
a month ago
Independence Realty Trust Completes Sale of Three Additional Properties as Part of Portfolio Optimization and Deleveraging Strategy
Yahoo
a month ago
Independence Realty Trust Announces 2023 Sustainability Report
Yahoo
2 months ago
Don’t Worry Over Apartment REITs. Some Can Still Raise the Rent.
Yahoo
2 months ago
Independence Realty Trust Announces First Quarter 2024 Dividend
Yahoo
2 months ago
Independence Realty Trust Receives Investment Grade Credit Rating from Fitch

Company News

Yahoo
8 days ago
Independence Realty Trust, Inc. (NYSE:IRT) Q1 2024 Earnings Call Transcript
Yahoo Finance
8 days ago
Independence Realty Trust, Inc. (NYSE:IRT) Q1 2024 Earnings Call Transcript
tipranks.com
12 days ago
Analysts’ Opinions Are Mixed on These Real Estate Stocks: Independence Realty (IRT) and Choice Properties Real Estate Investment (OtherPPRQF)
Tipranks
12 days ago
Analysts’ Opinions Are Mixed on These Real Estate Stocks: Independence Realty (IRT) and Choice Properties Real Estate Investment (OtherPPRQF)
Yahoo Finance
13 days ago
Independence Realty Trust Inc (IRT) (Q1 2024) Earnings Call Transcript Highlights: Strong ...
Yahoo
13 days ago
Independence Realty Trust Inc (IRT) (Q1 2024) Earnings Call Transcript Highlights: Strong ...
GuruFocus.com
13 days ago
Independence Realty Trust Inc (IRT) (Q1 2024) Earnings Call Transcript Highlights: Strong Financial Performance and Strategic Portfolio Optimization
GuruFocus.com
13 days ago
Q1 2024 Independence Realty Trust Inc Earnings Call Transcript
Yahoo Finance
13 days ago
Q1 2024 Independence Realty Trust Inc Earnings Call
Yahoo
13 days ago
Q1 2024 Independence Realty Trust Inc Earnings Call
Yahoo Finance
14 days ago
Independence Realty Trust Announces First Quarter 2024 Financial Results
Yahoo
14 days ago
Independence Realty Trust Announces First Quarter 2024 Financial Results
GuruFocus.com
a month ago
Independence Realty Trust Announces First Quarter 2024 Earnings Release and Conference Call Dates
Yahoo Finance
a month ago
Independence Realty Trust Announces First Quarter 2024 Earnings Release and Conference Call Dates
Yahoo
a month ago
Independence Realty Trust Announces First Quarter 2024 Earnings Release and Conference Call Dates
Yahoo
a month ago
Independence Realty Trust Completes Sale of Three Additional Properties as Part of Portfolio Optimization and Deleveraging Strategy
Yahoo
a month ago
Independence Realty Trust Announces 2023 Sustainability Report
Yahoo
2 months ago
Don’t Worry Over Apartment REITs. Some Can Still Raise the Rent.
Yahoo
2 months ago
Independence Realty Trust Announces First Quarter 2024 Dividend
Yahoo
2 months ago
Independence Realty Trust Receives Investment Grade Credit Rating from Fitch

- -

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

2021

2022

2023

TTM

FRC

- -

0.00

0.90

1.72

3.74

2.31

3.03

2.94

2.20

2.26

2.31

2.83

2.95

- -

0.00

-0.01

0.12

0.14

0.78

-0.19

0.41

0.30

0.51

0.16

0.41

0.53

-0.08

- -

0.00

0.14

0.35

0.86

0.54

0.27

-0.35

0.54

0.32

0.33

0.40

0.09

0.75

0.51

- -

0.00

0.02

0.56

0.70

0.69

0.70

0.71

0.60

0.72

0.60

0.46

0.48

0.60

- -

0.00

-0.01

-0.04

-0.33

-0.52

-0.30

-0.89

-1.00

-1.36

-1.54

-1.75

-0.84

-0.85

-1.54

- -

0.02

4.88

5.24

7.71

8.17

8.21

7.66

7.61

7.06

6.80

6.99

16.26

16.68

15.87

- -

109

222

224

- -

110

153

161

191

203

212

250

629

661

- -

100.00

21.29

23.39

25.98

21.12

21.66

25.89

29.01

27.12

24.79

21.07

20.76

14.81

22.37

- -

253

219

- -

-10

117

-17

- -

20.00

- -

80.00

-1.29

-0.65

3.13

5.98

25.77

-6.39

18.74

13.75

22.58

6.97

17.82

18.65

-2.61

- -

-7

-244

-74

-102

-100

-214

-209

-1,546

-895

-646

- -

101

401

699

597

677

832

802

763

1,163

1,807

1,710

- -

263

390

529

646

630

620

713

3,642

3,738

3,567

- -

1.94

- -

2.85

3.22

2.41

2.33

- -

3.47

3.41

3.13

2.74

1.30

1.46

- -

76.06

- -

1.98

3.03

4.45

7.16

- -

8.12

7.81

9.83

6.30

4.64

7.63

- -

122.74

- -