IRT Company Profile and Key Details

Short-term trend indicators are bullishly aligned (SMA20 1.97%, SMA50 -0.16%, SMA200 -1.52%). The stock’s 14-day RSI is 54.29 (neutral), while the ATR of 0.4 points to higher daily volatility. The stock remains sitting in the mid-range of its 52-week band, trading -22.71% below its high and over 12.18% above its low. Average 10-day trading volume of 1.73 million shares is below the 3-month average of 2.58 million, indicating normal recent market interest.

Independence Realty Trust, Inc. last paid a dividend of 0.68 per share, this equals a trailing yield of roughly 3.15%. Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around $5.59. This means the shares are trading above this model’s fair value.

Independence Realty Trust, Inc. (NYSE:IRT) closed at $16.15 USD, gaining $0.49 (3.13%) from the previous close of $15.66. The stock is currently mid-range between its 52-week high and low $14.60 and $19.94. With a market capitalization of about $3.83 billion, Independence Realty Trust, Inc. is classified as a mid-cap and shows market-like volatility (beta ~1.01). Key stats such as the average daily volume over the past year has been around 2.76 million shares, volume is running light vs its 52-week average. Headquartered in Philadelphia, PA, Independence Realty Trust, Inc. operates in the Real Estate sector and the REIT - Residential industry. Led by CEO Scott F. Schaeffer, the company employs approximately 917 people and listed since August 13, 2013. Independence Realty Trust, Inc. (NYSE: IRT) is a real estate investment trust that owns and operates multifamily apartment properties across non-gateway U.S.

Independence Realty Trust, Inc. generated EPS of $0.24 over the past year. Five-year average earnings growth is 9.08%. Wall Street analysts project EPS growth of 7.4% annually over the next five years. The latest quarter delivered EPS of $0.03. The next quarter is forecast at $0.04. Next year's EPS is expected at $997.14. Analyst sentiment is bullish. Analyst rating data shows there are 4 Strong Buy ratings, 4 Buy ratings, 5 Hold ratings, 0 Sell rating and 0 Strong Sell ratings. Price targets range from $24.00 to $19.00. The high target offers 48.61% upside. The low target suggests 17.65% downside. The mean target is $20.73. This offers 28.36% upside. Independence Realty Trust, Inc. earnings surprise history is a mixed track record. The quarter that ended October 29, 2025, missed forecasts by -90.0%. The prior quarter beat by 0.0%. Over the last six quarters, Apple has recorded several small beats. These include -82.14% in July 31, 2024.

Independence Realty Trust, Inc. has 233.82 million shares outstanding. The public float is 231.87 million shares, elevated short interest at 13.19% of float. This equals 21.63 million shares. The short ratio is 7.61 days. Institutional investors hold 103.39% of the float. Insiders own 0.63%. SCHAEFFER SCOTT holds 873.36 thousand shares, Sebra James J has 135.97 thousand shares and PRIDGEN MACK D III has 39.59 thousand shares. Over the past six months, insider transactions show net selling. They sold 2.50 thousand shares across 5 transactions.

Independence Realty Trust, Inc. trades at a P/E ratio of 69.57, slightly above the S&P 500 average, with a price-to-sales ratio of 5.82 and a price-to-book ratio of 1.14 suggesting the stock is closer to book value. The P/FCF stands at 26.15, also above market averages.

Our AI price prediction model suggests that Independence Realty Trust, Inc. stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term. 2-Week Outlook: Projected increase of 3.41%, with price expected at $16.70 by May 01, 2026, within a range of $16.41 to $16.97 3-Month Outlook: Projected rise of 29.23%, reaching $20.87 by July 16, 2026, with a range of $19.74 to $22.00. 1-Year Outlook: Projected gain of 5.26%, with price at $17.00 by April 16, 2027, within a range of $16.11 to $17.58.

Independence Realty Trust, Inc. (NYSE:IRT) shares are flat -3.83% year-to-date currently trading near 52-week highs band. Short-term momentum has been positive over the last quarter, despite recent volatility. Valuation shows Independence Realty Trust, Inc. trading at a premium to the broader market with a P/E of 69.57. Analyst sentiment is cautious, with the majority of ratings in Equal-Weight territory and a mean price target of $20.51, suggesting 27.0% upside. Our AI forecast model points to short-term strength (3.41% over two weeks), a medium-term rise (29.23% over three months), and a longer-term gain (5.26% over one year), with expected trading ranges indicating moderate volatility.