Independence Realty Trust, Inc.
As of Oct 16, 2026 close
- Market cap
- $3.47B
- P/E (TTM)
- 79.80
- Forward P/E
- 51.11
- Dividend yield
- 4.76%
- 52-week range
- $14.33$17.79
- Volume (live)
- -
- Avg. volume (3M)
- 4.00M
Independence Realty Trust (IRT) Stock Price & Financial Analysis
Independence Realty Trust Stock Price Chart
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Financial Metrics & Key Statistics
Fundamental metrics, valuation ratios, and profitability indicators
| Day's Range | $14.67 - $14.91 |
|---|---|
| 52-Week High | $17.79 |
| 52-Week Low | $14.33 |
| Open | $14.74 |
| Volume (last close) | 2.77M |
| Average Volume (3M) | 4.00M |
| Revenue (TTM) | 666.83M |
|---|---|
| Net Income (TTM) | 43.48M |
| Free Cash Flow (TTM) | 25.74M |
| EPS (TTM) | $0.18 |
| Profit Margin | 6.52% |
| Operating Margin | 16.98% |
| Return on Equity (ROE) | 1.25% |
| Debt to Equity | 0.70 |
| Annual Dividend | $0.70 |
|---|---|
| Dividend Yield | 4.76% |
| Payout Ratio | 200.00% |
| Last Dividend Ex-Date | Sep 30, 2026 |
| Market Cap | 3.47B |
|---|---|
| Shares Outstanding | 236.04M |
| P/E Ratio (TTM) | 79.80 |
| Forward P/E | 51.11 |
| Price to Sales (P/S) | 5.20 |
| Price to Book (P/B) | 1.00 |
| EV/EBITDA | 14.75 |
| 50-Day MA | $15.66 |
|---|---|
| 200-Day MA | $16.22 |
| 1-Year Change | −8.30% |
Source: Market prices and company fundamentals. Data as of Oct 16, 2026. Data sources and methodology
Independence Realty Trust at a Glance
As of the Oct 16, 2026 close, Independence Realty Trust (IRT) has a market capitalization of $3.47B. The stock trades at 79.8× trailing earnings, 51.1× forward earnings and 5.2× sales. Over the trailing twelve months it earned $43.48M on revenue of $666.83M (a 6.5% profit margin) and generated $25.74M of free cash flow. Revenue grew 3.4% year over year.
As of its latest reported balance sheet, it holds $22.51M in cash and securities against $2.44B of debt, a net debt position of $2.42B.
Independence Realty Trust pays a quarterly dividend totaling $0.70 per share a year, a 4.76% yield at the Oct 16, 2026 close, with 4 consecutive years of dividend increases.
The share price is down 8.3% over the past year. At $14.77 (the Oct 16, 2026 close) it sits near the bottom of its 52-week range of $14.33 to $17.79, below its 200-day moving average of $16.22.
Based on 9 professional analyst ratings from the past 90 days, the consensus is Buy with an average price target of $18.78, 27.1% above the Oct 16, 2026 close.
Frequently Asked Questions About Independence Realty Trust
What is the current stock price for IRT?
As of the Oct 16, 2026 close, IRT stock trades at $14.77. The 52-week range is $14.33–$17.79, with a day range of $14.67–$14.91.
What is the P/E ratio for IRT?
As of the Oct 16, 2026 close, Independence Realty Trust's trailing twelve-month (TTM) P/E ratio is 79.8, meaning investors pay $79.8 for every $1 of annual earnings. The forward P/E is 51.1, reflecting analyst expectations for future earnings. Independence Realty Trust operates in the Real Estate sector.
Does IRT pay dividends?
Yes, Independence Realty Trust pays a 4.76% annual dividend yield as of the Oct 16, 2026 close ($0.70 per share a year). The trailing twelve-month payout ratio is 200.0%. The most recent ex-dividend date was September 30, 2026.
What do analysts recommend for IRT?
Based on ratings from 9 professional analysts over the last 90 days, the consensus for IRT is Buy. The average 12-month price target is $18.78, a 27.1% upside from the Oct 16, 2026 close of $14.77.
What is the market cap of IRT?
As of the Oct 16, 2026 close, Independence Realty Trust's market capitalization is $3.49B, classifying it as a mid-cap company. Independence Realty Trust operates in the Real Estate sector within the REIT - Residential industry.