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

Shares Outstanding

Last Annual Value

234.75M

3-Year CAGR

2%

5-Year CAGR

20%

10-Year CAGR

21%

Independence Realty Trust, Inc.

Independence Realty Trust, Inc. Competitors Analysis of shares-outstanding

IRT · NYSE
Companyshares-outstanding
CAGR 3Y
CAGR 5Y
CAGR 10Y
234.75M
1.5%16.4%16.2% 
175.90M
-0.0%0.0%0.1%
194.32M
-1.9%-2.1%-1.0%
47.05M
2.7%0.6%1.9%
175.73M
1.2%7.4%15.6%
76.50M
0.3%0.5%1.9%
SKT logo
Tanger Inc.
NYSE:SKT
114.57M
2.5%2.4%1.9%
197.57M
0.2%3.8%2.6%
285.74M
1.2%1.8%15.1%
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