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
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Independence Realty Trust Announces Second Quarter 2024 Dividend
-
Independence Realty Trust to Participate in Nareit’s REITweek 2024 Investor Conference
-
Independence Realty Trust Announces First Quarter 2024 Financial Results
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Independence Realty Trust Announces First Quarter 2024 Earnings Release and Conference Call Dates
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Independence Realty Trust Completes Sale of Three Additional Properties as Part of Portfolio Optimization and Deleveraging Strategy
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Independence Realty Trust Announces 2023 Sustainability Report
Trading Information
- Previous Close Price
- $17.59
- Day Range
- $17.78–18.18
- 52-Week Range
- $11.61–18.77
- Bid/Ask
- $17.48 / $18.14
- Market Cap
- $4.00 Bil
- Volume/Avg
- 6.4 Mil / 2.3 Mil
Key Statistics
- Price/Earnings (Normalized)
- 71.85
- Price/Sales
- 5.98
- Dividend Yield (Trailing)
- 3.62%
- Dividend Yield (Forward)
- 3.62%
- Total Yield
- 3.71%
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
|
KRG
|
INDT
|
---|---|---|---|
Price/Earnings (Normalized) | 71.85 | 146.64 | 694.59 |
Price/Book Value | 1.16 | 1.37 | 1.76 |
Price/Sales | 5.98 | 5.87 | 13.45 |
Price/Cash Flow | 14.36 | 11.26 | 48.10 |
Price/Earnings
IRT
KRG
INDT
Financial Strength
Metric
|
IRT
|
KRG
|
INDT
|
---|---|---|---|
Quick Ratio | 0.03 | 2.25 | 0.96 |
Current Ratio | 0.17 | 2.27 | 1.08 |
Interest Coverage | 0.90 | 1.53 | 0.25 |
Quick Ratio
IRT
KRG
INDT
Profitability
Metric
|
IRT
|
KRG
|
INDT
|
---|---|---|---|
Return on Assets (Normalized) | < 0.01% | 0.92% | −0.20% |
Return on Equity (Normalized) | 0.02% | 1.80% | −0.29% |
Return on Invested Capital (Normalized) | 1.43% | 2.55% | 0.55% |
Return on Assets
IRT
KRG
INDT
REIT - Residential Industry Comparables
1-Day Chart
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|
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Capital Allocation
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|
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