Independence Realty Trust Inc IRT

Morningstar Rating
$14.81 +0.09 (0.61%)
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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.

Price vs Fair Value

IRT is trading at a LOCK|Fywvx premium.
Price
$14.72
Fair Value
LOCK|.L%!&Q%
Uncertainty
LOCK|&LH^
1-Star Price
LOCK|.@n$X#^
5-Star Price
LOCK|.gjSLg^
Economic Moat
LOCK|l%
Capital Allocation
—

News

Trading Information

Previous Close Price
$14.72
Day Range
$14.78–14.93
52-Week Range
$14.34–17.79
Bid/Ask
$14.80 / $14.81
Shares Outstanding
235.73M
Market Cap
$3.49B
Volume/Avg
726,906 / 3M

Key Statistics

Price/Earnings (Normalized)
119.63
Price/Sales
5.22
Dividend Yield (Trailing)
4.76%
Dividend Yield (Forward)
4.89%
Dividend Payment Schedule
Jan, Apr, Jul, Oct
Total Yield
4.76%

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 Atlanta, Columbus, Dallas, Denver, Houston, Indianapolis, Nashville, Oklahoma City, Raleigh-Durham, and Tampa. 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
904

Valuation

Metric
IRT
Price/Earnings (Normalized)
119.63
Price/Book Value
1.03
Price/Sales
5.22
Price/Cash Flow
12.03
Price/Earnings
IRT

Financial Strength

Metric
IRT
Quick Ratio
0.02
Current Ratio
0.12
Interest Coverage
1.53
Quick Ratio
IRT

Profitability

Metric
IRT
Return on Assets (Normalized)
0.84%
Return on Equity (Normalized)
1.48%
Return on Invested Capital (Normalized)
1.98%
Return on Assets
IRT

REIT - Residential Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Vivmark Residential
VMRK
LOCK|th%&m?dLOCK|sN^$46B
Essex Property Trust Inc
ESS
LOCK|qKqcZssLOCK|L>%$17B
Invitation Homes Inc
INVH
LOCK|gT^@mpLOCK|hl$15B
Sun Communities Inc
SUI
LOCK|C%>&vXzLOCK|%!$14B
Mid-America Apartment Communities Inc
MAA
—LOCK|RY$14B
Equity Lifestyle Properties Inc
ELS
LOCK|nRFL#QnLOCK|Hs$11B
Camden Property Trust
CPT
—LOCK|SD$11B
UDR Inc
UDR
—LOCK|WyQ$11B
American Homes 4 Rent Class A
AMH
—LOCK|%k@$11B
Janus Living Inc Ordinary Shares - Class A-1
JAN
—LOCK|?>%Kt$7B

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