IRT - NYSE

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.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$3.90B

EPS0.2400

P/E Ratio68.92

Earnings Date07/29/2026

irt

Net Common Stock Issuance

Last Annual Value

132.44M

3-Year CAGR

46%

5-Year CAGR

-2%

10-Year CAGR

93%

Adjust for Inflation

Independence Realty Trust, Inc. Competitors Analysis of Net Common Stock Issuance

IRT · NYSE

Company	Net Common Stock Issuance	CAGR 3Y	CAGR 5Y	CAGR 10Y
Independence Realty Trust, Inc. NYSE:IRT	132.44M	N/A	-15.9%	-3.2%
Public Storage NYSE:PSA	9.41M	-43.8%	-37.1%	-9.5%
Sunstone Hotel Investors, Inc. NYSE:SHO	-108.14M	N/A	N/A	N/A
National Health Investors, Inc. NYSE:NHI	181.53M	N/A	30.5%	5.7%
DigitalBridge Group, Inc. NYSE:DBRG	0.00	N/A	N/A	N/A
EPR Properties NYSE:EPR	-8.91M	N/A	N/A	N/A
Tanger Inc. NYSE:SKT	69.32M	-7.8%	-18.0%	N/A
Broadstone Net Lease, Inc. NYSE:BNL	37.93M	N/A	-33.0%	N/A
Americold Realty Trust, Inc. NYSE:COLD	4.44M	-77.9%	-60.7%	N/A

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..

HIDDEN

Intrinsic Value

Current Price: $16.54

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Earnings Call

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Dividends

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Analyst Expectations

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