Independence Realty Trust Inc (IRT)
Independence Realty Trust, Inc. (NYSE: IRT) is a Maryland-based real estate investment trust organized as a self-administered and self-managed REIT. The company focuses on acquiring, owning, operating, improving, and managing multifamily apartment communities in non-gateway U.S. markets. As of December 31, 2025, its portfolio included 114 apartment properties, including one property held through a consolidated joint venture, with a total of 33,462 units across Southeastern and Midwestern states such as Alabama, Colorado, Florida, Georgia, Indiana, Kentucky, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, and Texas. The company also owned one development property in Denver, Colorado, expected to add 296 units upon completion, and held interests in four unconsolidated joint ventures, including two operating assets totaling 653 units and two development projects expected to add 642 units in aggregate.
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| Ticker | Fair Value | Fair Value Upside/Downside | Fair Value Rating | Analyst Price Target | Analyst Target Upside/Downside | Analyst Target Rating | Overall Financial Health | Upcoming Dividend Ex-Date | Dividend Payment Date | Upcoming Dividend | Dividend Yield | Next Earnings Date | P/E Ratio | Price-to-Book Ratio | Price-to-Sales Ratio | Market Cap | Enterprise Value | Total Debt / Total Capital | Free Float / Shares Outstanding | Altman Z-Score | Payout Ratio | Free Cash Flow / Net Income |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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NYSE-IRT
|
$17.69
|
7.7% Upside
|
Fair
|
$19.21
|
16.9% Upside
|
Fair
|
Fair
|
—
|
—
|
0.72
|
4.4%
|
August 3, 2026
|
80.6x
|
1.2x
|
5.9x
|
3.981 B
|
6.341 B
|
37.2%
|
99.3%
|
0.9
|
327.8%
|
289.4%
|
