Independence Realty Trust Inc IRT
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
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Independence Realty Trust Announces Third Quarter 2024 Earnings Release and Conference Call Dates
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Independence Realty Trust Reports Minimal Damage to Communities from Hurricane Helene
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Independence Realty Trust Announces Third Quarter 2024 Dividend
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Independence Realty Trust Announces Closing of Public Offering of 11,500,000 shares of Common Stock, Including Exercise in Full of Underwriters’ Option to Purchase Additional Shares
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Independence Realty Trust Announces Pricing of Public Offering of 10,000,000 Shares of Common Stock
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Independence Realty Trust Announces Public Offering of 10,000,000 Shares of Common Stock
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Independence Realty Trust Promotes Jim Sebra to President
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Independence Realty Trust Announces Private Placement of $150 Million of Unsecured Notes
Trading Information
- Previous Close Price
- $19.68
- Day Range
- $19.41–19.67
- 52-Week Range
- $11.61–21.20
- Bid/Ask
- $19.38 / $19.68
- Market Cap
- $4.40 Bil
- Volume/Avg
- 2.0 Mil / 1.9 Mil
Key Statistics
- Price/Earnings (Normalized)
- 80.99
- Price/Sales
- 6.75
- Dividend Yield (Trailing)
- 3.25%
- Dividend Yield (Forward)
- 3.25%
- Total Yield
- 3.34%
Company Profile
Independence Realty Trust Inc is a real estate investment trust (REIT) that acquires, owns, operates, improves and manages multifamily apartment communities across non-gateway U.S. markets. It owns and operates multifamily apartment properties, across non-gateway U.S markets, including Louisville, Memphis, Atlanta, and Raleigh. The company is focused on gaining scale within key amenity-rich submarkets that offer school districts, retail, and various employment centers.
- Sector
- Real Estate
- Industry
- REIT - Residential
- Stock Style Box
- Small Core
- Total Number of Employees
- 952
- Website
- https://www.irtliving.com
Comparables
Valuation
|
Metric
|
IRT
|
VNO
|
CSR
|
|---|---|---|---|
Price/Earnings (Normalized) | 80.99 | 440.39 | — |
Price/Book Value | 1.30 | 1.69 | 1.81 |
Price/Sales | 6.75 | 4.25 | 4.68 |
Price/Cash Flow | 16.13 | 12.66 | 12.48 |
Price/Earnings
IRT
VNO
CSR
Financial Strength
|
Metric
|
IRT
|
VNO
|
CSR
|
|---|---|---|---|
Quick Ratio | 0.02 | 1.70 | 0.14 |
Current Ratio | 0.14 | 1.95 | 0.15 |
Interest Coverage | 0.89 | 0.93 | 0.75 |
Quick Ratio
IRT
VNO
CSR
Profitability
|
Metric
|
IRT
|
VNO
|
CSR
|
|---|---|---|---|
Return on Assets (Normalized) | < 0.01% | < 0.01% | 0.09% |
Return on Equity (Normalized) | < 0.01% | < 0.01% | 0.28% |
Return on Invested Capital (Normalized) | 1.37% | 1.50% | 1.95% |
Return on Assets
IRT
VNO
CSR
REIT - Residential Industry Comparables
|
1-Day Chart
|
Name
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United States