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Independence Realty Trust, Inc. (IRT)

Real Estate | REIT - Residential | Philadelphia, United States | NYSE
16.15 USD +0.49 (3.129%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 16.31 +0.16 (0.991%) ⇧ (April 17, 2026, 7:54 p.m. EDT)

Short-term: ★★☆☆☆ | Long-term: ★★★☆☆ | Dividends: ★★★★☆
Hot Take | April 11, 2026, 1:21 p.m. EDT

IRT is a REIT with a decent dividend yield, but its fundamentals are weak, with a high debt-to-equity ratio and low profitability. The recent price decline and short interest growth suggest some bearish sentiment. However, the consistent dividend payments and the recent dividend increase could make it an attractive option for income-focused investors. Short-term traders may find opportunities in the current price range, but the overall outlook is mixed, and the stock is not ideal for long-term growth.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.050498
AutoARIMA0.050499
MSTL0.050692
AutoTheta0.053135

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 42%
H-stat 16.16
Ljung-Box p 0.000
Jarque-Bera p 0.162
Excess Kurtosis -1.24
Attribute Value
Sector Real Estate
Ex Dividend Date 2026-03-26
Last Dividend Date 2026-03-26
Debt to Equity Ratio 63.657
Revenue per Share 2.859
Market Cap 3,928,033,792
Trailing P/E 67.29
Forward P/E 95.00
Beta 1.01
Profit Margins 8.46%
Website https://www.irtliving.com

As of April 11, 2026, 1:21 p.m. EDT: Options activity suggests mixed sentiment. The ATM calls and puts show some interest in the current price range, but the overall volume and open interest are low, indicating limited speculation. The higher IV on puts, especially for the July 17 expiration, suggests some bearish sentiment, while the calls show a slight bullish tilt. However, the low volume and open interest indicate that the market is not fully committed to either direction, and there is a possibility of volatility.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.15% 4.19% 4.00% 3.84%
Dividend History
Date Dividend Yield %
2026-03-27 0.170 1.151761
2025-12-31 0.170 0.983689
2025-09-30 0.170 1.059241
2025-06-27 0.170 0.998484
2025-03-28 0.160 0.799132
2024-12-31 0.160 0.846674
2024-09-30 0.160 0.826091
2024-06-28 0.160 0.910786
2024-03-27 0.160 1.075413
2023-12-28 0.160 1.113540
2023-09-28 0.160 1.249039
2023-06-29 0.160 0.971888
2023-03-30 0.140 0.999562
2022-12-29 0.140 0.931441
2022-09-29 0.140 0.983274
2022-09-28 0.140 0.948804
2022-06-30 0.140 0.783402
2022-03-31 0.120 0.530021
2021-12-29 0.021 0.100795
2021-12-16 0.099 0.481306
2021-09-30 0.120 0.695156
2021-07-01 0.120 0.783487
2021-03-31 0.120 0.942263
2020-12-29 0.120 1.086047
2020-10-01 0.120 1.226739
2020-07-01 0.120 1.272814
2020-04-01 0.180 2.770626
2019-12-24 0.180 1.644641
2019-09-26 0.180 1.601421
2019-06-27 0.180 2.032354
2019-03-28 0.180 2.196579
2018-12-26 0.180 2.619247
2018-10-04 0.180 2.524390
2018-07-05 0.180 2.439453
2018-04-03 0.180 2.777647
2017-12-28 0.060 0.850034
2017-11-29 0.060 0.837844
2017-10-30 0.060 0.858363
2017-09-28 0.060 0.872680
2017-08-29 0.060 0.876136
2017-07-27 0.060 0.883079
2017-06-28 0.060 0.908156
2017-05-26 0.060 0.945285
2017-04-26 0.060 0.972564
2017-03-29 0.060 0.987205
2017-02-24 0.060 0.997901
2017-01-27 0.060 1.015382
2016-12-28 0.060 1.075041
2016-11-28 0.060 1.056836
2016-10-27 0.060 1.103739
2016-09-28 0.060 1.039600
2016-08-29 0.060 1.032472
2016-07-27 0.060 1.087143
2016-06-28 0.060 1.273991
2016-05-26 0.060 1.274178
2016-04-27 0.060 1.375570
2016-03-29 0.060 1.449729
2016-02-25 0.060 1.541581
2016-01-27 0.060 1.507585
2015-12-29 0.060 1.318556
2015-11-25 0.060 1.337527
2015-10-28 0.060 1.351752
2015-09-28 0.026 0.635108
2015-09-11 0.034 0.845165
2015-08-27 0.060 1.414319
2015-07-29 0.060 1.305293
2015-06-26 0.060 1.340637
2015-05-27 0.060 1.223764
2015-04-28 0.060 1.173726
2015-03-27 0.060 1.176207
2015-02-25 0.060 1.215096
2015-01-28 0.060 1.153056
2014-12-29 0.060 1.204000
2014-11-25 0.060 1.188786
2014-10-29 0.060 1.202746
2014-09-26 0.060 1.169278
2014-08-27 0.060 1.114779
2014-07-29 0.060 1.176255
2014-06-26 0.060 1.255337
2014-05-28 0.060 1.288738
2014-04-28 0.060 1.319185
2014-03-27 0.060 1.350896
2014-02-26 0.060 1.392164
2014-01-29 0.060 1.447780
2013-12-27 0.053 1.275880
2013-11-26 0.053 1.268853
2013-10-29 0.053 1.256028
2013-09-26 0.053 1.312641
2013-08-30 0.053 1.302185
Additional Data
dividendRate 0.68
dividendYield 4.21
exDividendDate 2026-03-27
trailingAnnualDividendRate 0.67
trailingAnnualDividendYield 0.042784166
lastDividendValue 0.17
lastDividendDate 2026-03-27
dividendDate 2026-04-17

Info Dump

Attribute Value
52 Week Change -0.14595455
Address1 1,835 Market Street
Address2 Suite 2601
All Time High 28.42
All Time Low 5.97
Ask 16.17
Ask Size 1,700
Audit Risk 3
Average Analyst Rating 1.7 - Buy
Average Daily Volume10 Day 1,858,480
Average Daily Volume3 Month 2,760,914
Average Volume 2,760,914
Average Volume10Days 1,858,480
Beta 1.014
Bid 16.16
Bid Size 4,700
Board Risk 4
Book Value 14.608
City Philadelphia
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 3
Country United States
Crypto Tradeable 0
Currency USD
Current Price 16.15
Current Ratio 0.28
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 16.185
Day Low 15.7499
Debt To Equity 63.657
Display Name Independence Realty Trust
Dividend Date 1,776,384,000
Dividend Rate 0.68
Dividend Yield 4.21
Earnings Call Timestamp End 1,777,554,000
Earnings Call Timestamp Start 1,777,554,000
Earnings Timestamp 1,777,492,800
Earnings Timestamp End 1,777,492,800
Earnings Timestamp Start 1,777,492,800
Ebitda 375,532,000
Ebitda Margins 0.56153
Enterprise To Ebitda 16.528
Enterprise To Revenue 9.281
Enterprise Value 6,206,890,496
Eps Current Year 0.19
Eps Forward 0.17
Eps Trailing Twelve Months 0.24
Esg Populated 0
Ex Dividend Date 1,774,569,600
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 15.9308
Fifty Day Average Change 0.21919918
Fifty Day Average Change Percent 0.013759458
Fifty Two Week Change Percent -14.595455
Fifty Two Week High 19.94
Fifty Two Week High Change -3.790001
Fifty Two Week High Change Percent -0.19007026
Fifty Two Week Low 14.6
Fifty Two Week Low Change 1.5499992
Fifty Two Week Low Change Percent 0.10616433
Fifty Two Week Range 14.6 - 19.94
Financial Currency USD
First Trade Date Milliseconds 1,376,400,600,000
Five Year Avg Dividend Yield 3.1
Float Shares 235,118,828
Forward Eps 0.17
Forward P E 95.0
Free Cashflow 185,550,128
Full Exchange Name NYSE
Full Time Employees 904
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.61095
Gross Profits 408,576,992
Has Pre Post Market Data 1
Held Percent Insiders 0.00662
Held Percent Institutions 1.03084
Implied Shares Outstanding 243,221,912
Industry REIT - Residential
Industry Disp REIT - Residential
Industry Key reit-residential
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,774,569,600
Last Dividend Value 0.17
Last Fiscal Year End 1,767,139,200
Long Business Summary Independence Realty Trust, Inc. a Maryland corporation, is a self-administered and self-managed real estate investment trust (REIT) that acquires, owns, operates, improves and manages multifamily apartment communities across non-gateway U.S. markets. As of December 31, 2025, we owned and operated 114 multifamily apartment properties (including one owned through a consolidated joint venture) that contain an aggregate of 33,462 units in the following Southeastern and Midwestern states: Alabama, Colorado, Florida, Georgia, Indiana, Kentucky, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, and Texas. In addition, as of December 31, 2025, we owned one investment in real estate under development in Denver, Colorado that will, upon completion, contain 296 units. As of December 31, 2025, we also owned interests in four unconsolidated joint ventures, two of which own and operate multifamily apartment properties that contain an aggregate of 653 units and two that are developing multifamily apartment properties that will, upon completion, contain an aggregate of 642 units. Independence Realty Trust, Inc. was incorporated in 2009 in Maryland, USA.
Long Name Independence Realty Trust, Inc.
Market us_market
Market Cap 3,928,033,792
Market State CLOSED
Max Age 86,400
Message Board Id finmb_60414062
Most Recent Quarter 1,767,139,200
Net Income To Common 56,558,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 3,805,704,040
Number Of Analyst Opinions 14
Open 15.72
Operating Cashflow 282,148,992
Operating Margins 0.22378
Overall Risk 3
Payout Ratio 2.7917001
Phone 267 270 4800
Post Market Change 0.15999985
Post Market Change Percent 0.99071115
Post Market Price 16.31
Post Market Time 1,776,470,041
Previous Close 15.66
Price Eps Current Year 85.0
Price Hint 2
Price To Book 1.1055586
Price To Sales Trailing12 Months 5.87359
Profit Margins 0.08457
Quick Ratio 0.07
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.71429
Region US
Regular Market Change 0.49
Regular Market Change Percent 3.12899
Regular Market Day High 16.185
Regular Market Day Low 15.7499
Regular Market Day Range 15.7499 - 16.185
Regular Market Open 15.72
Regular Market Previous Close 15.66
Regular Market Price 16.15
Regular Market Time 1,776,456,003
Regular Market Volume 1,348,091
Return On Assets 0.0136899995
Return On Equity 0.01611
Revenue Growth 0.036
Revenue Per Share 2.859
Sand P52 Week Change 0.38150132
Sector Real Estate
Sector Disp Real Estate
Sector Key real-estate
Share Holder Rights Risk 5
Shares Outstanding 235,647,309
Shares Percent Shares Out 0.0402
Shares Short 9,482,097
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 10,095,983
Short Name Independence Realty Trust, Inc.
Short Percent Of Float 0.056399997
Short Ratio 3.81
Source Interval 15
State PA
Symbol IRT
Target High Price 22.0
Target Low Price 16.5
Target Mean Price 19.03571
Target Median Price 19.0
Total Cash 33,404,000
Total Cash Per Share 0.141
Total Debt 2,284,902,912
Total Revenue 668,761,984
Tradeable 0
Trailing Annual Dividend Rate 0.67
Trailing Annual Dividend Yield 0.042784166
Trailing Eps 0.24
Trailing P E 67.291664
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 16.693
Two Hundred Day Average Change -0.5430012
Two Hundred Day Average Change Percent -0.032528672
Type Disp Equity
Volume 1,348,091
Website https://www.irtliving.com
Zip 19,103