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Independence Realty (IRT)
NYSE:IRT
Independence Realty (IRT) Stock Price & Analysis
339 Followers
IRT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$14.42 - $23.37
Previous Close$17.5
Volume2.00M
Average Volume (3M)1.87M
Market Cap
$4.03B
Enterprise Value$4.04B
Total Cash (Recent Filing)$34.83M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)76.7
Beta0.90
Next Earnings
Jul 25, 2023EPS Estimate
$0.05Next Dividend Ex-Date
Jun 29, 2023Dividend Yield
0.58 (3.31%)Share Statistics
EPS (TTM)0.23
Shares Outstanding224,589,077
10 Day Avg. Volume1,630,962
30 Day Avg. Volume1,865,154
Standard Deviation0.09
R-Squared0.40
Alpha0.00859
Financial Highlights & Ratios
Price to Book (P/B)1.10
Price to Sales (P/S)24.36
Price to Cash Flow (P/CF)20.70
P/FCF Ratio14.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.32
Enterprise Value/Gross Profit10.63
Enterprise Value/Ebitda15.57
Forecast
1Y Price Target
$20.40Price Target Upside16.57% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
Independence Realty News
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Product Insights
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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IRT FAQ
What was Independence Realty’s price range in the past 12 months?
Independence Realty lowest stock price was $14.42 and its highest was $23.37 in the past 12 months.
What is Independence Realty’s market cap?
Currently, no data Available
When is Independence Realty’s upcoming earnings report date?
Independence Realty’s upcoming earnings report date is Jul 25, 2023 which is in 53 days.
How were Independence Realty’s earnings last quarter?
Independence Realty released its earnings results on Apr 26, 2023. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.052 by -$0.012.
Is Independence Realty overvalued?
According to Wall Street analysts Independence Realty’s price is currently Undervalued.
Does Independence Realty pay dividends?
Independence Realty pays a Quarterly dividend of $0.16 which represents an annual dividend yield of 3.24%. See more information on Independence Realty dividends here
What is Independence Realty’s EPS estimate?
Independence Realty’s EPS estimate is $0.05.
How many shares outstanding does Independence Realty have?
Independence Realty has 224,589,080 shares outstanding.
What happened to Independence Realty’s price movement after its last earnings report?
Independence Realty reported an EPS of $0.04 in its last earnings report, missing expectations of $0.052. Following the earnings report the stock price went up 4.505%.
Which hedge fund is a major shareholder of Independence Realty?
Among the largest hedge funds holding Independence Realty’s share is Ranger Global Real Estate Advisors, LLC. It holds Independence Realty’s shares valued at 62M.
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Independence Realty Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$20.40 (16.57% Upside)
$20.40 (16.57% Upside)
Blogger Sentiment
Bullish
IRT Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 1.8M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▲ 0.2%
Last 30 Days ▼ 0.4%
Last 30 Days ▼ 0.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-23.69%
12-Months-Change
Fundamentals
Return on Equity
1.45%
Trailing 12-Months
Asset Growth
1.67%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Independence Realty
Independence Realty Trust, Inc. is a real estate investment trust. It acquires, owns, operates, improves and manages multifamily apartment communities across non-gateway U.S. markets. It aims to provide stockholders risk-adjusted returns through diligent portfolio management, operational performance and consistent return of capital through distributions and capital appreciation. The company was founded on March 26, 2009 and is headquartered in Philadelphia, PA.
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Top 5 ETFs holding IRT
Vanguard Total Stock Market ETF
$115.22M
iShares Core S&P Total U.S. Stock Market ETF
$3.86M
Schwab U.S. Broad Market ETF
$2.06M
iShares Russell 3000 ETF
$989.78K
Vanguard ESG U.S. Stock ETF
$714.86K
Up to five ETFs with an Outperform Smart Score that hold IRT. The ETFs are listed according to market value of IRT within the ETF
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