Independence Realty Trust, Inc.

Independence Realty Trust, Inc.

IRT·NYSE

$16.23

+1.1%
Real EstateREIT - Residential

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.

At a Glance

Live Snapshot
Market Cap$3.83B
EPS0.2400
P/E Ratio72.30
Earnings Date07/29/2026

irt

Net Debt

Last Annual Value

2.23B

3-Year CAGR

-5%

5-Year CAGR

18%

10-Year CAGR

9%

Independence Realty Trust, Inc.

Independence Realty Trust, Inc. Competitors Analysis of Net Debt

IRT · NYSE
CompanyNet Debt
CAGR 3Y
CAGR 5Y
CAGR 10Y
2.23B
-4.0%-3.5%11.9% 
9.94B
4.4%8.1%47.3%
816.25M
26.3%9.7%3.5%
1.14B
0.9%-1.2%0.1%
-51.54M
N/AN/AN/A
3.04B
0.9%2.2%2.1%
SKT logo
Tanger Inc.
NYSE:SKT
1.67B
3.4%4.7%-0.0%
2.58B
11.0%9.2%11.8%
4.36B
8.3%5.5%9.2%
Independence Realty Trust, Inc.

Independence Realty Trust, Inc. Fair Value Envelope

IRT · NYSE

Our analysis suggests that IRT has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $16.23, this represents a potential HIDDEN relative to our calculated worth for Independence Realty Trust, Inc..

Intrinsic Value
Current Price: $16.23