Independence Realty Trust, Inc.
IRT
Positions held
Your positionsIRT isn't in your positions.
Add it to see shares, cost, and P&L here.
Bull / bear case
Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.
- Independence Realty Trust, Inc. operates in a competitive residential REIT market, focusing on strategic acquisitions to enhance its portfolio.
- Revenue increased by 1% compared to the prior quarter, reaching $167 million.
- Operating margin expanded to 15.2%, indicating improved operational efficiency.
- The company's earnings growth has declined significantly, with a -66.7% change indicating potential financial instability.
- The current ratio is 0.588, suggesting potential liquidity issues.
- The stock has a 'Strong Sell' signal with a score of -17.00, reflecting negative market sentiment.
Fundamentals
| Market cap | $3.54B | Enterprise value | $5.98B | Trailing P/E | 81.33 | Forward P/E | 183.00 |
| PEG | — | Price / book | 1.03 | Beta | 0.98 | Dividend yield | 4.92% |
| Revenue growth | 3.0% | Earnings growth | -66.7% | Gross margin | 60.7% | Operating margin | 14.8% |
| Profit margin | 6.4% | ROE | 1.3% | ROA | 1.3% | Debt / equity | 0.70 |
| Current ratio | 0.59 | Free cash flow | $186.07M | Analyst recommendation | buy | Mean target | $19.27 |
| 52w high | $17.79 | 52w low | $14.33 |
Quarterly
| 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | |
|---|---|---|---|---|---|---|
| Revenue | $167M | $165M | $167M | $167M | $162M | — |
| Op margin | 15.2% | 13.2% | 21.3% | 18.5% | 17.1% | — |
| Net income | $3.4M | -$0.1M | $33.3M | $6.9M | $8.0M | — |
| Gross margin | 57.4% | 57.4% | 61.7% | 58.4% | 57.7% | — |
| Gross profit | $95.9M | $95.0M | $103M | $97.5M | $93.5M | — |
| Operating income | $25.4M | $21.8M | $35.5M | $30.9M | $27.8M | — |
- Revenue +1% vs prior quarter ($167M vs $165M).
- Gross margin 57.4% (was 57.4% prior quarter).
- Operating margin expanded to 15.2%.
Yearly (6y)
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Revenue | $658M | $640M | $661M | $629M |
| Op margin | 18.4% | 20.2% | 22.4% | 14.8% |
| Net income | $56.6M | $39.3M | -$17.2M | $117M |
| Gross margin | 59.1% | 58.5% | 58.9% | 59.2% |
| Gross profit | $388M | $375M | $390M | $372M |
| Operating income | $121M | $129M | $148M | $93.1M |
No flags
• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).
News
2026-10-01 · Centerspace Announces Third Quarter 2026 Earnings Release Date
2026-09-30 · Investor challenges IRT’s acquisition of Centerspace
2026-09-29 · Activist Calls Independence Realty Trust's Centerspace Merger 'Destructive' To REIT
2026-09-29 · Independence Realty Trust Shareholder Irenic Opposes Centerspace Acquisition, Urges Sale
2026-09-22 · Down 13.2% in 4 Weeks, Here's Why Independence Realty Trust (IRT) Looks Ripe for a Turnaround
2026-09-20 · Independence Realty Trust (IRT) and Centerspace Combine into an $8.1 Billion Apartment Giant
2026-09-19 · Independence Realty Trust (IRT) Stock Trades Below Fair Value After A 16% Slide
2026-09-14 · IRT’s purchase of Centerspace driven by scale, diversification
2026-09-10 · IRT, Centerspace Merge in $8.1B Multifamily REIT Deal
2026-09-09 · Why Independence Realty Trust Stock Sank Today
2026-09-09 · Independence Realty Trust To Buy Centerspace, Creating $8.1B REIT
Price (daily)
Full chart · RSI · MACD · patterns