Independence Realty Trust Inc IRT

Morningstar Rating
$16.62 +0.08 (0.48%)
View Full Chart

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 460% premium.
Price
$16.62
Fair Value
$51.20
Uncertainty
Low
1-Star Price
$24.35
5-Star Price
$86.27
Economic Moat
Cnd
Capital Allocation

News

Trading Information

Previous Close Price
$16.54
Day Range
$16.4916.78
52-Week Range
$14.6018.74
Bid/Ask
$16.42 / $17.00
Shares Outstanding
235.71M
Market Cap
$3.92B
Volume/Avg
3M / 2M

Key Statistics

Price/Earnings (Normalized)
114.46
Price/Sales
5.92
Dividend Yield (Trailing)
4.09%
Dividend Yield (Forward)
4.09%
Total Yield
4.09%

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)
114.46
Price/Book Value
1.15
Price/Sales
5.92
Price/Cash Flow
13.63
Price/Earnings
IRT

Financial Strength

Metric
IRT
Quick Ratio
0.03
Current Ratio
0.13
Interest Coverage
1.61
Quick Ratio
IRT

Profitability

Metric
IRT
Return on Assets (Normalized)
0.93%
Return on Equity (Normalized)
1.64%
Return on Invested Capital (Normalized)
2.04%
Return on Assets
IRT

REIT - Residential Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
AvalonBay Communities Inc
AVB
BfshvsyhZqdvf$27B
Equity Residential
EQR
ZdqrxybhhMwbt$26B
Essex Property Trust Inc
ESS
YgnvnxrcmMpsw$18B
Invitation Homes Inc
INVH
WxmfdkdkwJwnm$18B
Mid-America Apartment Communities Inc
MAA
Wlz$16B
Sun Communities Inc
SUI
VfvhdwmwsKlxkv$15B
UDR Inc
UDR
Sqksl$13B
Equity Lifestyle Properties Inc
ELS
KhnrxlzgGllmk$12B
American Homes 4 Rent Class A
AMH
Cldd$12B
Camden Property Trust
CPT
Wjvvb$11B

Sponsor Center