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

Revenue

Last Annual Value

657.70M

3-Year CAGR

2%

5-Year CAGR

25%

10-Year CAGR

20%

Independence Realty Trust, Inc.

Independence Realty Trust, Inc. Competitors Analysis of Revenue

IRT · NYSE
CompanyRevenue
CAGR 3Y
CAGR 5Y
CAGR 10Y
657.70M
-0.2%21.3%15.7% 
4.82B
2.2%7.1%6.5%
960.13M
-0.9%13.5%-2.1%
378.53M
5.8%4.8%4.3%
470.13M
-17.0%5.1%-6.7%
718.36M
2.9%7.0%3.8%
SKT logo
Tanger Inc.
NYSE:SKT
581.56M
7.8%6.4%2.2%
459.14M
0.8%3.7%12.4%
2.60B
-0.9%-0.8%5.7%
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