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

Interest Expense

Last Annual Value

79.00M

3-Year CAGR

-3%

5-Year CAGR

17%

10-Year CAGR

13%

Independence Realty Trust, Inc.

Independence Realty Trust, Inc. Competitors Analysis of Interest Expense

IRT · NYSE
CompanyInterest Expense
CAGR 3Y
CAGR 5Y
CAGR 10Y
79.00M
-4.2%16.8%8.3% 
304.50M
14.8%27.4%53.1%
49.17M
0.1%9.2%-0.2%
57.37M
1.1%3.6%2.9%
137.09M
77.4%16.7%-2.1%
133.08M
2.9%-1.1%N/A
SKT logo
Tanger Inc.
NYSE:SKT
65.86M
11.2%4.5%0.8%
94.47M
5.7%8.0%12.2%
147.78M
1.8%8.3%2.1%
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