IRT - NYSE

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.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$3.83B

EPS0.2400

P/E Ratio72.30

Earnings Date07/29/2026

irt

Other Non-Current Assets

Last Annual Value

182.29M

3-Year CAGR

-69%

5-Year CAGR

80%

10-Year CAGR

35%

Adjust for Inflation

Independence Realty Trust, Inc. Competitors Analysis of Other Non-Current Assets

IRT · NYSE

Company	Other Non-Current Assets	CAGR 3Y	CAGR 5Y	CAGR 10Y
Independence Realty Trust, Inc. NYSE:IRT	182.29M	-68.5%	-50.8%	-17.2%
Public Storage NYSE:PSA	18.91B	1.1%	146.5%	65.6%
Sunstone Hotel Investors, Inc. NYSE:SHO	2.78B	2.4%	0.7%	-1.3%
National Health Investors, Inc. NYSE:NHI	6.70M	-85.3%	-69.0%	-43.9%
DigitalBridge Group, Inc. NYSE:DBRG	-2.27B	N/A	N/A	N/A
EPR Properties NYSE:EPR	-60.92M	N/A	N/A	N/A
Tanger Inc. NYSE:SKT	2.44B	4.1%	5.7%	N/A
Broadstone Net Lease, Inc. NYSE:BNL	0.00	N/A	N/A	N/A
Americold Realty Trust, Inc. NYSE:COLD	163.59M	15.9%	23.2%	45.4%

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..

HIDDEN

Intrinsic Value

Current Price: $16.23

Related Guides

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Fundamentals

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Accounting

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Forecasting

Translate historical performance into forward scenarios.

Reference

Use practical frameworks for statement-led valuation.

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Snapshot

Start with context, operating signals, and key market metrics.

Value Model

Stress test fair value across bear, base, and bull assumptions.

Statements

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Earnings Call

Read management commentary and compare it with reported outcomes.

Dividends

Check payout sustainability and long-term distribution behavior.

Analyst Expectations

Review consensus spread and where estimate risk is concentrated.