Independence Realty Trust, Inc.

Independence Realty Trust, Inc.

IRT·NYSE

$16.54

+1.8%
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$3.90B
EPS0.2400
P/E Ratio68.92
Earnings Date07/29/2026

irt

Total Equity

Last Annual Value

3.59B

3-Year CAGR

-1%

5-Year CAGR

38%

10-Year CAGR

25%

Independence Realty Trust, Inc.

Independence Realty Trust, Inc. Competitors Analysis of Total Equity

IRT · NYSE
CompanyTotal Equity
CAGR 3Y
CAGR 5Y
CAGR 10Y
3.59B
0.2%-0.3%21.1% 
9.34B
-2.6%-0.2%-0.1%
1.94B
-3.5%-2.8%-2.6%
1.54B
6.5%0.3%-4.0%
2.45B
-0.8%-14.2%-8.0%
2.33B
-1.7%-2.4%-6.7%
SKT logo
Tanger Inc.
NYSE:SKT
735.10M
7.5%8.0%0.4%
3.03B
-1.7%2.0%11.8%
2.92B
-7.0%-6.2%29.4%
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 $16.54, this represents a potential HIDDEN relative to our calculated worth for Independence Realty Trust, Inc..

Intrinsic Value
Current Price: $16.54