Independence Realty Trust, Inc. IRT
Real Estate Investment Trusts · IPO 2013 · data as of November 13, 2026
Independence Realty Trust, Inc. (IRT) is a real estate company listed in the US with a market value of about $3.5B. In the twelve months to September 30, 2026 it had revenue of $672M and net income of $62M, a net margin of 9.2%.
Its overall Stock Analiz score is 2.0 out of 5 (weak). The strongest part is shareholder returns (4/5); the weakest is value (1/5).
Key numbers: a P/E of 57.5, a price to free cash flow of 14.2, 5-year revenue growth of 25% a year, a 5-year average ROIC of 1%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 17% below the current price.
Score: 2.0 / 5
Checks passed
- P/FCF below 20
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- 5-year revenue growth above 8% a year
- Positive free cash flow
- Liabilities below 60% of assets
- Pays a dividend
- 20% to 100% of free cash flow returned to shareholders
Checks not passed
- P/E below 25
- P/E below the industry median
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $672M | $658M | $640M | $661M | $629M | $250M | $212M | $203M | $191M | $161M | $153M |
| Net income | $62M | $57M | $39M | -$17M | $117M | $45M | $15M | $46M | $26M | $30M | -$10M |
| Free cash flow | $248M | $129M | $21M | $262M | $48M | $52M | $75M | $75M | $68M | $40M | -$18M |
| EPS (diluted) | $0.26 | $0.24 | $0.17 | $-0.08 | $0.53 | $0.41 | $0.16 | $0.51 | $0.30 | $0.41 | $-0.19 |
| Net margin | 9.2% | 8.6% | 6.1% | -2.6% | 18.6% | 17.8% | 7.0% | 22.6% | 13.8% | 18.7% | -6.4% |
| ROIC | — | 1.7% | 1.7% | 1.9% | 1.3% | 0.7% | 2.1% | 2.5% | 2.5% | 2.6% | 2.5% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 13 analysts is $18.54, 24% above the current price; targets range from $15.00 to $22.00; the consensus rating is “Buy”; expected EPS is $0.16 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Independence Realty Trust’s P/E ratio?
About 57.5, based on the last twelve months of diluted earnings per share (forward P/E about 57.9).
Is Independence Realty Trust stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 17% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Independence Realty Trust pay a dividend?
Yes. The dividend yield is about 4.81%, and it has paid dividends for 10 years in our data.
Is Independence Realty Trust a good stock to buy?
We do not give buy or sell advice. Independence Realty Trust scores 2.0 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.