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

Free Cash Flow

Last Annual Value

146.52M

3-Year CAGR

12%

5-Year CAGR

31%

10-Year CAGR

31%

Independence Realty Trust, Inc.

Independence Realty Trust, Inc. Competitors Analysis of Free Cash Flow

IRT · NYSE
CompanyFree Cash Flow
CAGR 3Y
CAGR 5Y
CAGR 10Y
146.52M
8.2%73.6%N/A 
2.90B
1.3%5.0%6.2%
78.71M
-26.5%N/A-4.4%
220.26M
6.8%0.9%N/A
257.98M
3.4%0.8%N/A
420.95M
-2.0%16.8%3.2%
SKT logo
Tanger Inc.
NYSE:SKT
202.56M
-2.5%3.3%1.2%
269.79M
6.3%2.1%15.3%
-217.20M
N/AN/AN/A
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