Independence Realty Trust Inc logo

IRT - Independence Realty Trust Inc Share Price

$11.33 0.3  2.5%

Last Trade - 25/09/20

Sector
Financials
Size
Mid Cap
Market Cap £842.3m
Enterprise Value £1.63bn
Revenue £162.5m
Position in Universe 2282nd / 6417
Bullish
Bearish
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Momentum
Relative Strength (%)
1m +5.29%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -32.8%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
113.4
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
49.2 109.6 153.4 161.2 191.2 203.2 206.6 213.9 +32.8%
-45.5 -21.9 -34.2 -51.8 +101.8
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the six months ended 30 June 2020, Independence Realty Trust Inc revenues increased 4% to $104.3M. Net income decreased 98% to $417K. Revenues reflect FFO per Share (Diluted) increase of 100% to $0.32, Other revenue increase from $183K to $375K. Net income was offset by Depreciation - Investment Property increase of 21% to $29.5M (expense), General and administrative expenses increase of 35% to $9M (expense).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
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Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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Net Profit
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Consensus Estimate
1m Change
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Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
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Profile Summary

Independence Realty Trust, Inc. is an internally-managed real estate investment trust (REIT). The Company is engaged in the business of owning, managing, operating, leasing, acquiring, developing, investing in, and disposing of real estate assets. The Company owns apartment properties in geographic non-gateway markets. As of September 26, 2017, the Company owns and operates 55 multifamily apartment properties, totaling 15,165 units. Its properties include Copper Mill, Crestmont, Heritage Trace, Runaway Bay, Berkshire Square, The Crossings, Reserve at Eagle Ridge, Windrush, Heritage Park, Raindance, Augusta, Invitational, Carrington Park, Walnut Hill, Lenoxplace, Bennington Pond, Jamestown, Meadows, Oxmoor, Bayview Club, Arbors River Oaks, Fox Trails, Bridge Pointe, The Aventine Greenville and Westmont Commons.

Directors
Last Annual December 31st, 2019
Last Interim June 30th, 2020
Incorporated March 26, 2009
Public Since September 18, 2013
No. of Shareholders: 52
No. of Employees: 444
Sector Financials
Industry Residential & Commercial REITs
Index S&P 600 Small Cap , S&P Composite 1500 ,
Exchange New York Stock Exchange
Shares in Issue 94,745,254
Free Float (0.0%)
Eligible for
ISAs
SIPPs
IRT Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for IRT
Upcoming Events for IRT
Thursday 1st October, 2020
Dividend For IRT.N - 0.1200 USD
Wednesday 28th October, 2020 Estimate
Q3 2020 Independence Realty Trust Inc Earnings Release
Wednesday 10th February, 2021 Estimate
Q4 2020 Independence Realty Trust Inc Earnings Release
Frequently Asked Questions for Independence Realty Trust Inc
What is the Independence Realty Trust Inc share price?

As of 25/09/20, shares in Independence Realty Trust Inc are trading at $11.33, giving the company a market capitalisation of £842.3m. This share price information is delayed by 15 minutes.

How has the Independence Realty Trust Inc share price performed this year?

Shares in Independence Realty Trust Inc are currently trading at $11.33 and the price has moved by -21.32% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Independence Realty Trust Inc price has moved by -28.22% over the past year.

What are the analyst and broker recommendations for Independence Realty Trust Inc?

Of the analysts with advisory recommendations for Independence Realty Trust Inc, there are there are currently 2 "buy" , 4 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Independence Realty Trust Inc is Hold. You can view the full broker recommendation list by unlocking its StockReport.

When will Independence Realty Trust Inc next release its financial results?

Independence Realty Trust Inc is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-06-30
What is the Independence Realty Trust Inc dividend yield?

The Independence Realty Trust Inc dividend yield is 5.83% based on the trailing twelve month period.

Does Independence Realty Trust Inc pay a dividend?

Last year, Independence Realty Trust Inc paid a total dividend of 0.66, and it currently has a trailing dividend yield of 5.83%. Looking ahead, shares in Independence Realty Trust Inc are due to go ex-dividend on 2020-10-01 and the next dividend pay date is 2020-10-23.

When does Independence Realty Trust Inc next pay dividends?

Independence Realty Trust Inc are due to go ex-dividend on 2020-10-01 and the next dividend pay date is 2020-10-23. The historic dividend yield on Independence Realty Trust Inc shares is currently 5.83%.

How do I buy Independence Realty Trust Inc shares?

To buy shares in Independence Realty Trust Inc you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Independence Realty Trust Inc?

Shares in Independence Realty Trust Inc are currently trading at $11.33, giving the company a market capitalisation of £842.3m.

Where are Independence Realty Trust Inc shares listed? Where are Independence Realty Trust Inc shares listed?

Here are the trading details for Independence Realty Trust Inc:

Country of listing: United States
Exchange: NYQ
Ticker Symbol: IRT
What kind of share is Independence Realty Trust Inc?

Based on an overall assessment of its quality, value and momentum, Independence Realty Trust Inc is currently classified as a Style Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Independence Realty Trust Inc share price forecast 2020?

Shares in Independence Realty Trust Inc are currently priced at $11.33. At that level they are trading at 6.71% discount to the analyst consensus target price of 0.00.

Analysts covering Independence Realty Trust Inc currently have a consensus Earnings Per Share (EPS) forecast of 0.057 for the next financial year.

How can I tell whether the Independence Realty Trust Inc share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Independence Realty Trust Inc. Over the past six months, the relative strength of its shares against the market has been 2.42%. At the current price of $11.33, shares in Independence Realty Trust Inc are trading at -4% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Independence Realty Trust Inc PE Ratio?

The Independence Realty Trust Inc PE ratio based on its reported earnings over the past 12 months is 0.143k. The shares are currently trading at $11.33.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Independence Realty Trust Inc?

Independence Realty Trust Inc's management team is headed by:

Scott Schaeffer - CHM
James Sebra - CFO
William Dunkelberg - IND
DeForest Soaries - IND
Farrell Ender - PRE
Mack Pridgen - IND
Melinda McClure - LED
Richard Gebert - IND
Jessica Norman - GCN
Jason Delozier - CAO
Who are the major shareholders of Independence Realty Trust Inc?

Here are the top five shareholders of Independence Realty Trust Inc based on the size of their shareholding:

BlackRock Institutional Trust Company, N.A. Investment Advisor
Percentage owned: 15.26% (14.5m shares)
The Vanguard Group, Inc. Investment Advisor/Hedge Fund
Percentage owned: 12.45% (11.8m shares)
AllianceBernstein L.P. Investment Advisor/Hedge Fund
Percentage owned: 6.32% (5.99m shares)
iShares Core S&P Small-Cap ETF Mutual Fund
Percentage owned: 6.28% (5.95m shares)
Renaissance Technologies LLC Hedge Fund
Percentage owned: 5.76% (5.46m shares)
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