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 Income

Last Annual Value

56.56M

3-Year CAGR

-22%

5-Year CAGR

31%

10-Year CAGR

Adjust for Inflation

Independence Realty Trust, Inc. Competitors Analysis of Net Income

IRT · NYSE

Company	Net Income	CAGR 3Y	CAGR 5Y	CAGR 10Y
Independence Realty Trust, Inc. NYSE:IRT	56.56M	N/A	4.9%	N/A
Public Storage NYSE:PSA	1.78B	-6.0%	-1.8%	2.1%
Sunstone Hotel Investors, Inc. NYSE:SHO	24.57M	-50.8%	-6.5%	-15.6%
National Health Investors, Inc. NYSE:NHI	142.18M	1.6%	4.9%	-0.6%
DigitalBridge Group, Inc. NYSE:DBRG	141.87M	-8.5%	N/A	2.1%
EPR Properties NYSE:EPR	274.94M	16.7%	22.8%	2.0%
Tanger Inc. NYSE:SKT	114.78M	5.0%	66.0%	-5.1%
Broadstone Net Lease, Inc. NYSE:BNL	102.91M	-13.2%	0.1%	11.0%
Americold Realty Trust, Inc. NYSE:COLD	-114.55M	N/A	N/A	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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Snapshot

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Value Model

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Statements

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Earnings Call

Read management commentary and compare it with reported outcomes.

Dividends

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Analyst Expectations

Review consensus spread and where estimate risk is concentrated.