IRT Overview

Independence Realty Trust, Inc. 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 United States markets. Its primary business objective is to provide attractive risk-adjusted returns to stockholders through diligent portfolio management, operational performance, and consistent returns on capital through distributions and capital appreciation. Its segments include same-store and non-same-store. It owns and operates approximately 113 multifamily apartment properties (including one owned through a consolidated joint venture) that contain an aggregate of 33,615 units in the Southeastern and Midwestern states: Alabama, Colorado, Florida, Georgia, Indiana, Kentucky, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, and Texas. The Company owns all of its assets and conducts all its operations through Independence Realty Operating Partnership, LP.

Wall Street analysts forecast IRT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for IRT is22.78 USD with a low forecast of 22.00 USD and a high forecast of 25.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

Independence Realty Trust Inc revenue for the last quarter amounts to 161.24M USD, increased 0.44

Independence Realty Trust Inc. EPS for the last quarter amounts to 0.04 USD, decreased -50.00

Independence Realty Trust Inc (IRT) has 917 emplpoyees as of April 05 2026.

Today IRT has the market capitalization of 4.16B USD.