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StockVS

NYSE · REIT - Residential · USD

Independence Realty Trust, Inc. (IRT) Stock Analysis

Independence Realty Trust, Inc. (IRT) is a REIT - Residential stock listed on NYSE and quoted in US Dollar.

Last Updated: October 21, 2026

IRT

$14.82

−$0.03 (−0.20%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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IRT Key Statistics

As of Oct 21, 2026
Trading
Open
$14.87
Previous Close
$14.85
Day's Range
14.75–15.03
52-Week Range
14.33–17.79
Volume
2.69M
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.98
Valuation
Market Cap
$3.58B
P/E Ratio
82.33
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
185.25
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
5.29
EPS (ttm)Profit attributable to each share over the last twelve months.
0.18
Financials (FY)
Revenue (FY)
$657.70M+2.76%
Net Income (FY)
$56.56M+43.95%
Profit marginThe share of revenue left as profit after all costs and taxes.
6.42%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
235.74M
1-Year Return
−5.56%
Dividend and dates
Dividend
$0.72+4.85%
Ex-Dividend Date
September 30, 2026
Earnings Date
November 2, 2026
Avg Volume
3.29M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, IRT closed at $14.82, −5.56% over 1 year.

Independence Realty Trust, Inc. (IRT) has a market capitalization of $3.58B.

In fiscal 2025, IRT reported revenue of $657.70M.

IRT Stock Return by Calendar Year

Independence Realty Trust, Inc. (IRT) 10-year return: what $10,000 became

1 year
$10,000 $9,444
−5.56%
5 years
$10,000 $7,959
−20.41%
10 years
$10,000 $26,419
+164.19%

If you had invested $10,000 in Independence Realty Trust, Inc. (IRT) 10 years ago, at the close on October 21, 2016, it would have been worth $26,419 at the close on October 21, 2026: +164.19% in total, +10.20% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−13.31%
2025−8.55%
2024+34.27%
2023−5.58%
2022−32.30%
2021+97.21%
2020+0.28%
2019+62.55%
2018−1.90%
2017+21.74%
2016 (partial year)−3.68%

As of October 21, 2026.

IRT Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$657.70M$56.56M8.6%
2024$640.04M$39.29M6.1%
2023$660.98M−$17.23M−2.6%
2022$628.53M$117.25M18.7%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$657.70M$388.43M$121.23M$56.56M8.6%
2024$640.04M$374.52M$129.43M$39.29M6.1%
2023$660.98M$389.57M$147.84M−$17.23M−2.6%
2022$628.53M$372.22M$93.11M$117.25M18.7%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

IRT Dividend History

$0.67+4.7% vs 2024

Dividends per share, 2025 · 4 payments

YearDividends per sharePaymentsChange
2026*$0.352—
2025$0.674+4.7%
2024$0.644+3.2%
2023$0.624−8.8%
YearDividends per sharePaymentsChange
2026 (partial year)$0.352—
2025$0.674+4.7%
2024$0.644+3.2%
2023$0.624−8.8%
2022$0.685+41.7%
2021$0.485−11.1%
2020$0.544−25.0%
2019$0.724+0.0%
2018$0.724+0.0%
2017$0.7212+300.0%
2016$0.183—

Most recent payment: $0.18 per share, ex-dividend June 26, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

IRT Valuation vs REIT - Residential Median

Median of 21 stocks
MetricIRTREIT - Residential medianvs median
P/E82.3330.83167% above
P/S ratio5.295.422% below
Profit margin6.42%14.26%7.8 pts below

Medians across 21 REIT - Residential stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

All 20 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

The market values Independence Realty Trust, Inc. (IRT) at $3.58B. It is classified in the REIT - Residential industry, within the Real Estate sector. Headcount on file is 904.

Over the past 52 weeks the price has ranged from $14.33 to $17.79. IRT last closed at $14.82 on October 21, 2026. That is −$0.03 (−0.20%) against the previous close. The latest close sits 3.42% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of $657.70M. That is +2.76% against the prior fiscal year, when revenue was $640.04M. Net income for the same year was $56.56M. That is +43.95% against the prior fiscal year. The reported profit margin is 6.42%. That is 7.8 percentage points below the REIT - Residential median of 14.26%. Trailing earnings per share are 0.18.

Across the 4 fiscal years on file, revenue moves from $628.53M in 2022 to $657.70M in 2025. Of those 4 years, 3 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 82.33. That is 167.09% above the REIT - Residential median of 30.83. The forward P/E on file is 185.25. The price-to-sales ratio is 5.29. On price-to-sales that is 2.49% below the REIT - Residential median of 5.42. The medians here are taken across 21 REIT - Residential companies that report the metric.

Over the trailing twelve months the total return is −5.56%. Across 10 years the annualized return works out at +10.20%. The reported beta is 0.98. Annualized volatility over the trailing 10 years is 29.56%.

Growth & Income

The trailing dividend yield is 4.85%. That is 0.2 percentage points below the REIT - Residential median yield of 5.06%. At the indicated rate that is $0.72 a share a year. The ex-dividend date on file is September 30, 2026. Dividends are recorded for 11 calendar years; 2026 shows 2 payments totalling $0.35 a share. The year before, 2025, totalled $0.67 a share.

The strongest complete calendar year on file is 2021 at +97.21%; the weakest is 2022 at −32.30%. Of the 9 complete calendar years on file, 5 finished higher. 2026 is still running; the total return is −13.31% year to date.

Peer Comparison

Independence Realty Trust, Inc. (IRT) operates in the REIT - Residential industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Independence Realty Trust, Inc. IRT $3.58B 82.3
AvalonBay Communities, Inc. VMRK $47.97B 23.8
Essex Property Trust, Inc. ESS $18.90B 42.6
Invitation Homes Inc. INVH $15.83B 24.6

The REIT - Residential industry average P/E ratio is 30.8x. Independence Realty Trust, Inc. trades at a P/E of 82.3.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Independence Realty Trust, Inc.

Independence Realty Trust, Inc., an S&P 400 MidCap Company, is a real estate investment trust that owns and operates multifamily communities across non-gateway U.S. markets. IRT's investment strategy is focused on gaining scale near major employment centers within key amenity rich submarkets that offer good school districts and high-quality retail. IRT's main investment objective is to provide attractive risk-adjusted returns to shareholders through diligent portfolio management, strong operational performance, and a consistent return on capital through distributions and capital appreciation. Independence Realty Trust, Inc. was established in 2009 and is incorporated in Maryland.

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