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

Operating Income

Last Annual Value

121.22M

3-Year CAGR

9%

5-Year CAGR

%

10-Year CAGR

28%

Independence Realty Trust, Inc.

Independence Realty Trust, Inc. Competitors Analysis of Operating Income

IRT · NYSE
CompanyOperating Income
CAGR 3Y
CAGR 5Y
CAGR 10Y
121.22M
-6.4%18.5%11.8% 
2.25B
-0.9%5.7%5.1%
74.84M
-14.2%N/A-7.9%
194.83M
2.9%1.0%0.9%
323.07M
2.0%57.9%4.7%
376.97M
7.2%6.2%4.9%
SKT logo
Tanger Inc.
NYSE:SKT
175.36M
9.4%9.8%1.5%
228.20M
0.9%3.1%11.8%
98.66M
N/A6.2%-2.9%
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