Independence Realty Trust, Inc.

$14.70- (-)1Y −8.53%

As of Oct 15, 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): 3.98M

Independence Realty Trust, Inc. (IRT) Analyst Forecast

Analyst consensus ratings, 12-month price targets, and expert recommendations for Independence Realty Trust, Inc. stock.

Analyst Consensus Rating

Investment consensus from 9 professional research analysts

Consensus Rating

Buy

Based on 9 unique analysts

(11 total ratings in last 90 days)

Medium Confidence∞:1 Buy/Sell

Average Price Target

$18.78

+27.76% upside

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Strong Sell

Sell

Hold

Buy

Strong Buy

Latest IRT Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Date	Analyst	Firm	Action	Rating	Price Target
Oct 1, 2026	Unknown Analyst	Jefferies	Maintains	Buy	$18.00
Sep 28, 2026	James Feldman	Wells Fargo	Maintains	Buy	$19.00
Sep 23, 2026	Jason Wayne	Barclays	Maintains	Buy	$20.00
Sep 15, 2026	Ami Probandt	UBS	Reiterates	Buy	$19.00 → $18.00 −1.00 (−5.3%)
Sep 11, 2026	Austin Wurschmidt	KeyBanc	Maintains	Buy	$19.00
Sep 10, 2026	Michael Gorman	BTIG	Maintains	Buy	$21.00
Sep 9, 2026	Barry Oxford	Colliers	Maintains	Hold	$18.00 → $17.00 −1.00 (−5.6%)
Sep 9, 2026	Michael Gorman	BTIG	Maintains	Buy	$21.00
Aug 5, 2026	Brad Heffern	RBC Capital	Maintains	Buy	$18.00 → $19.00 +1.00 (+5.6%)
Aug 4, 2026	Brad Heffern	RBC Capital	Maintains	Buy	$18.00 → $19.00 +1.00 (+5.6%)
Jul 20, 2026	Peter Abramowitz	Deutsche Bank	Maintains	Hold	$18.00

Unknown Analyst

Jefferies

BuyMaintains

$18.00

Oct 1

James Feldman

Wells Fargo

BuyMaintains

$19.00

Sep 28

Jason Wayne

Barclays

BuyMaintains

$20.00

Sep 23

Ami Probandt

UBS

BuyReiterates

$19.00 → $18.00

Sep 15

Austin Wurschmidt

KeyBanc

BuyMaintains

$19.00

Sep 11

Michael Gorman

BTIG

BuyMaintains

$21.00

Sep 10

Barry Oxford

Colliers

HoldMaintains

$18.00 → $17.00

Sep 9

Michael Gorman

BTIG

BuyMaintains

$21.00

Sep 9

Brad Heffern

RBC Capital

BuyMaintains

$18.00 → $19.00

Aug 5

Brad Heffern

RBC Capital

BuyMaintains

$18.00 → $19.00

Aug 4

Peter Abramowitz

Deutsche Bank

HoldMaintains

$18.00

Jul 20

Source: Professional analyst ratings and price targets from the last 90 days. Data as of Oct 1, 2026. Data sources and methodology

Frequently Asked Questions

What is the analyst consensus rating for IRT?

The analyst consensus rating for IRT is Buy, based on the latest ratings from 9 analysts over the last 90 days.

What is the average price target for IRT?

The average 12-month price target for IRT is $18.78, representing an upside of 27.8% from the Oct 15, 2026 close of $14.70.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.