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.
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News
-
Independence Realty Trust Scheduled to Participate in Nareit’s REITworld Annual Conference
-
Independence Realty Trust Announces Third Quarter 2023 Financial Results
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Independence Realty Trust Announces Third Quarter 2023 Earnings Release and Conference Call Dates
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Independence Realty Trust Announces Third Quarter 2023 Dividend
Trading Information
- Previous Close Price
- $14.28
- Day Range
- $14.16–14.62
- 52-Week Range
- $11.61–19.53
- Bid/Ask
- $13.08 / $18.41
- Market Cap
- $3.29 Bil
- Volume/Avg
- 3.1 Mil / 2.3 Mil
Key Statistics
- Price/Earnings (Normalized)
- 55.77
- Price/Sales
- 5.01
- Dividend Yield
- 4.10%
- Dividend Yield (Forward)
- 4.38%
- Total Yield
- 4.27%
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 employment centers.
- Sector
- Real Estate
- Industry
- REIT - Residential
- Stock Style Box
- Small Core
- Total Number of Employees
- 923
- Website
- https://www.irtliving.com
Valuation
|
Metric
|
IRT
|
|---|---|
Price/Earnings (Normalized) | 55.77 |
Price/Book Value | 0.93 |
Price/Sales | 5.01 |
Price/Cash Flow | 12.07 |
Price/Earnings
IRT
Financial Strength
|
Metric
|
IRT
|
|---|---|
Quick Ratio | 0.02 |
Current Ratio | 0.12 |
Interest Coverage | 1.65 |
Quick Ratio
IRT
Profitability
|
Metric
|
IRT
|
|---|---|
Return on Assets (Normalized) | 0.96% |
Return on Equity (Normalized) | 1.77% |
Return on Invested Capital (Normalized) | 2.10% |
Return on Assets
IRT
REIT - Residential Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|
AVB
| AvalonBay Communities Inc | Ystz | $25.0 Bil | |
EQR
| Equity Residential | Zcdq | $22.3 Bil | |
INVH
| Invitation Homes Inc | Qrx | $20.2 Bil | |
SUI
| Sun Communities Inc | Mtzt | $15.9 Bil | |
MAA
| Mid-America Apartment Communities Inc | Wkstk | $14.8 Bil | |
ESS
| Essex Property Trust Inc | Hzlw | $14.5 Bil | |
ELS
| Equity Lifestyle Properties Inc | Gplj | $13.2 Bil | |
AMH
| American Homes 4 Rent Class A | Wwvx | $12.7 Bil | |
UDR
| UDR Inc | Dhj | $11.6 Bil | |
AIRC
| Apartment Income REIT Corp Class A | Dxz | $4.8 Bil |