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

Cost of Revenue

Last Annual Value

755.75M

3-Year CAGR

43%

5-Year CAGR

53%

10-Year CAGR

31%

Independence Realty Trust, Inc.

Independence Realty Trust, Inc. Competitors Analysis of Cost of Revenue

IRT · NYSE
CompanyCost of Revenue
CAGR 3Y
CAGR 5Y
CAGR 10Y
755.75M
40.7%49.0%27.2% 
3.62B
46.6%31.5%18.4%
914.55M
21.5%24.8%5.0%
239.60M
175.1%83.1%72.8%
58.91M
17.1%-4.2%-8.4%
397.49M
90.5%47.6%33.2%
SKT logo
Tanger Inc.
NYSE:SKT
478.45M
48.7%27.7%12.1%
351.14M
1.1%4.4%56.8%
2.50B
9.5%3.7%8.1%
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