| Indicators | Browse All

Independence Realty Trust, Inc. (IRT)

Real Estate | REIT - Residential | Philadelphia, United States | NYSE
14.77 USD +0.07 (0.476%) ⇧ (Oct. 16, 2026, 4 p.m. EDT)
After hours: 14.77
Short-term:★★☆☆☆Long-term:★⯪☆☆☆Dividends:★★★⯪☆
Hot Take ↕ | Oct. 10, 2026, 9:32 a.m. EDT

The long-term outlook is severely compromised by deteriorating fundamentals and a broken price trend. Despite a historical cumulative gain of +86%, the business is currently in a multi-year decline with a trailing 14-month drop of -14.16%. This is compounded by catastrophic earnings degradation, where earnings growth has plummeted to -66.7% and quarterly results are down 58%. The valuation metrics reflect this distress, with a trailing P/E of 82x and a forward P/E of 185x, suggesting the market expects continued contraction. While the dividend yield of 5% appears attractive, the payout ratio of 383% confirms that the distribution is being funded by capital erosion rather than operating cash flow, making it unsustainable. Short-term momentum remains weak, trading below both the 50-day and 200-day averages, while options flow shows aggressive hedging against further drops. The combination of collapsing profitability, an unsustainable dividend, and a multi-year price downtrend warrants a strong avoidance stance.
Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.045417
AutoETS0.050708
AutoARIMA0.050709
MSTL0.050720

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 47%
H-stat 36.32
Ljung-Box p 0.000
Jarque-Bera p 0.072
Excess Kurtosis -1.36
Attribute Value
Sector Real Estate
Ex Dividend Date 2026-09-29
Last Dividend Date 2026-09-29
Debt to Equity Ratio 70.156
Revenue per Share 2.875
Market Cap 3,569,263,872
Trailing P/E 82.06
Forward P/E 184.63
Beta 0.98
Profit Margins 6.42%
Website https://www.irtliving.com

As of Oct. 10, 2026, 9:32 a.m. EDT: Speculators are heavily positioned for downside protection, evidenced by massive open interest in out-of-the-money puts (1.4k contracts at the $15 strike) compared to negligible call volume. The implied volatility skew is severe, with ATM put IV nearly double that of calls, indicating a market pricing in a high probability of further decline rather than a rally.

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.24% 4.43% 3.89% 3.74%
Dividend History
Date Dividend Yield %
2026-09-30 0.180 1.238816
2026-06-26 0.180 1.064459
2026-03-27 0.170 1.151761
2025-12-31 0.170 0.972540
2025-09-30 0.170 1.037218
2025-06-27 0.170 0.967558
2025-03-28 0.160 0.767018
2024-12-31 0.160 0.806452
2024-09-30 0.160 0.780488
2024-06-28 0.160 0.853789
2024-03-27 0.160 0.999375
2023-12-28 0.160 1.024328
2023-09-28 0.160 1.137171
2023-06-29 0.160 0.874795
2023-03-30 0.140 0.891720
2022-12-29 0.140 0.823529
2022-09-29 0.140 0.862069
2022-09-28 0.140 0.824985
2022-06-30 0.140 0.675350
2022-03-31 0.120 0.453858
2021-12-29 0.021 0.085925
2021-12-16 0.099 0.409938
2021-09-30 0.120 0.589681
2021-07-01 0.120 0.660793
2021-03-31 0.120 0.789474
2020-12-29 0.120 0.902935
2020-10-01 0.120 1.010952
2020-07-01 0.120 1.038062
2020-04-01 0.180 2.236025
2019-12-24 0.180 1.300578
2019-09-26 0.180 1.250000
2019-06-27 0.180 1.566580
2019-03-28 0.180 1.666667
2018-12-26 0.180 1.954397
2018-10-04 0.180 1.846154
2018-07-05 0.180 1.752678
2018-04-03 0.180 1.960784
2017-12-28 0.060 0.588235
2017-11-29 0.060 0.576369
2017-10-30 0.060 0.587084
2017-09-28 0.060 0.593472
2017-08-29 0.060 0.592300
2017-07-27 0.060 0.593472
2017-06-28 0.060 0.606673
2017-05-26 0.060 0.627615
2017-04-26 0.060 0.641711
2017-03-29 0.060 0.647249
2017-02-24 0.060 0.650054
2017-01-27 0.060 0.657174
2016-12-28 0.060 0.691244
2016-11-28 0.060 0.674916
2016-10-27 0.060 0.700117
2016-09-28 0.060 0.655022
2016-08-29 0.060 0.646552
2016-07-27 0.060 0.676437
2016-06-28 0.060 0.787402
2016-05-26 0.060 0.781250
2016-04-27 0.060 0.836820
2016-03-29 0.060 0.874636
2016-02-25 0.060 0.921659
2016-01-27 0.060 0.892857
2015-12-29 0.060 0.774194
2015-11-25 0.060 0.779221
2015-10-28 0.060 0.781250
2015-09-28 0.026 0.364146
2015-09-11 0.034 0.482955
2015-08-27 0.060 0.804290
2015-07-29 0.060 0.736196
2015-06-26 0.060 0.750000
2015-05-27 0.060 0.679502
2015-04-28 0.060 0.647249
2015-03-27 0.060 0.644468
2015-02-25 0.060 0.661522
2015-01-28 0.060 0.623701
2014-12-29 0.060 0.647249
2014-11-25 0.060 0.634921
2014-10-29 0.060 0.638298
2014-09-26 0.060 0.616650
2014-08-27 0.060 0.584226
2014-07-29 0.060 0.612870
2014-06-26 0.060 0.650054
2014-05-28 0.060 0.662983
2014-04-28 0.060 0.674157
2014-03-27 0.060 0.685714
2014-02-26 0.060 0.701754
2014-01-29 0.060 0.724638
2013-12-27 0.053 0.633971
2013-11-26 0.053 0.626478
2013-10-29 0.053 0.616279
2013-09-26 0.053 0.640097
2013-08-30 0.053 0.630952
Additional Data
dividendRate 0.72
dividendYield 4.9
exDividendDate 2026-09-30
trailingAnnualDividendRate 0.69
trailingAnnualDividendYield 0.046938777
lastDividendValue 0.18
lastDividendDate 2026-09-30
dividendDate 2026-10-23

Info Dump

Attribute Value
52 Week Change -0.08296943
Address1 1,835 Market Street
Address2 Suite 2601
All Time High 28.42
All Time Low 5.97
Ask 14.95
Ask Size 2,300
Audit Risk 2
Average Analyst Rating 1.7 - Buy
Average Daily Volume10 Day 3,724,660
Average Daily Volume3 Month 3,248,354
Average Volume 3,248,354
Average Volume10Days 3,724,660
Beta 0.979
Bid 14.6
Bid Size 1,100
Board Risk 3
Book Value 14.275
City Philadelphia
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 3
Country United States
Crypto Tradeable 0
Currency USD
Current Price 14.77
Current Ratio 0.588
Custom Price Alert Confidence HIGH
Date Short Interest 1,790,726,400
Day High 14.905
Day Low 14.67
Debt To Equity 70.156
Display Name Independence Realty Trust
Dividend Date 1,792,713,600
Dividend Rate 0.72
Dividend Yield 4.9
Earnings Call Timestamp End 1,793,714,400
Earnings Call Timestamp Start 1,793,714,400
Earnings Growth -0.667
Earnings Quarterly Growth -0.579
Earnings Timestamp 1,793,649,600
Earnings Timestamp End 1,793,649,600
Earnings Timestamp Start 1,793,649,600
Ebitda 378,192,992
Ebitda Margins 0.5585
Enterprise To Ebitda 15.853
Enterprise To Revenue 8.854
Enterprise Value 5,995,434,496
Eps Forward 0.08
Eps Trailing Twelve Months 0.18
Esg Populated 0
Ex Dividend Date 1,790,726,400
Exchange NYQ
Exchange Data Delayed By 20
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 15.6138
Fifty Day Average Change -0.8437996
Fifty Day Average Change Percent -0.05404191
Fifty Two Week Change Percent -8.296943
Fifty Two Week High 17.79
Fifty Two Week High Change -3.0200005
Fifty Two Week High Change Percent -0.1697583
Fifty Two Week Low 14.33
Fifty Two Week Low Change 0.44000053
Fifty Two Week Low Change Percent 0.030704852
Fifty Two Week Range 14.33 - 17.79
Financial Currency USD
First Trade Date Milliseconds 1,376,400,600,000
Five Year Avg Dividend Yield 2.91
Float Shares 233,584,294
Forward Eps 0.08
Forward P E 184.62502
Free Cashflow 186,066,880
Full Exchange Name NYSE
Full Time Employees 904
Fullday Change 0.07000065
Fullday Change Percent 0.47619486
Fullday Price 14.77
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,790,812,800
Gross Margins 0.60678
Gross Profits 410,891,008
Has Pre Post Market Data 1
Held Percent Insiders 0.00679
Held Percent Institutions 1.03512
Implied Shares Outstanding 241,656,325
Industry REIT - Residential
Industry Disp REIT - Residential
Industry Key reit-residential
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,790,726,400
Last Dividend Value 0.18
Last Fiscal Year End 1,767,139,200
Long Business Summary Independence Realty Trust, Inc., an S&P 400 MidCap Company, is a real estate investment trust that owns and operates multifamily communities across non-gateway U.S. markets. IRT's investment strategy is focused on gaining scale near major employment centers within key amenity rich submarkets that offer good school districts and high-quality retail. IRT's main investment objective is to provide attractive risk-adjusted returns to shareholders through diligent portfolio management, strong operational performance, and a consistent return on capital through distributions and capital appreciation. Independence Realty Trust, Inc. was established in 2009 and is incorporated in Maryland.
Long Name Independence Realty Trust, Inc.
Market us_market
Market Cap 3,569,263,872
Market State POST
Max Age 86,400
Message Board Id finmb_60414062
Most Recent Quarter 1,782,777,600
Net Income To Common 43,480,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 3,437,155,786
Number Of Analyst Opinions 13
Open 14.74
Operating Cashflow 275,769,984
Operating Margins 0.14755
Overall Risk 3
Payout Ratio 3.8332999
Phone 267 270 4800
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 14.77
Post Market Time 1,792,180,864
Previous Close 14.7
Price Hint 2
Price To Book 1.0346761
Price To Sales Trailing12 Months 5.270916
Profit Margins 0.06421
Quick Ratio 0.158
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.69231
Region US
Regular Market Change 0.0700006
Regular Market Change Percent 0.476195
Regular Market Day High 14.905
Regular Market Day Low 14.67
Regular Market Day Range 14.67 - 14.905
Regular Market Open 14.74
Regular Market Previous Close 14.7
Regular Market Price 14.77
Regular Market Time 1,792,180,803
Regular Market Volume 2,772,739
Return On Assets 0.01286
Return On Equity 0.0125899995
Revenue Growth 0.03
Revenue Per Share 2.875
Sand P52 Week Change 0.16207206
Sector Real Estate
Sector Disp Real Estate
Sector Key real-estate
Share Holder Rights Risk 5
Shares Outstanding 235,714,682
Shares Percent Shares Out 0.0813
Shares Short 19,172,890
Shares Short Previous Month Date 1,788,134,400
Shares Short Prior Month 13,100,321
Short Name Independence Realty Trust, Inc.
Short Percent Of Float 0.113900006
Short Ratio 4.83
Source Interval 15
State PA
Symbol IRT
Target High Price 22.0
Target Low Price 16.0
Target Mean Price 18.96154
Target Median Price 19.0
Total Cash 37,363,000
Total Cash Per Share 0.159
Total Debt 2,446,127,104
Total Revenue 677,161,984
Tradeable 0
Trailing Annual Dividend Rate 0.69
Trailing Annual Dividend Yield 0.046938777
Trailing Eps 0.18
Trailing P E 82.05556
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 16.20455
Two Hundred Day Average Change -1.4345493
Two Hundred Day Average Change Percent -0.08852757
Type Disp Equity
Volume 2,772,739
Website https://www.irtliving.com
Zip 19,103