Independence Realty Trust

IRT

Market cap $3.96B

Overview Fund Activity

16.93 USD

-0.01

0.06%

At close Updated Sep 17, 4:00 PM EDT

Pre-market

After hours

17.14

+0.21

1.24%

1 day

-0.06%

5 days

-2.25%

1 month

-1.51%

3 months

-5.1%

6 months

-19.38%

Year to date

-14.32%

1 year

-18.88%

5 years

44.33%

10 years

126.03%

About: Independence Realty Trust Inc is a real estate investment trust (REIT) that acquires, owns, operates, improves and manages multifamily apartment communities across non-gateway U.S. markets. It owns and operates multifamily apartment properties, across non-gateway U.S markets, including Louisville, Memphis, Atlanta, and Raleigh. The company is focused on gaining scale within key amenity-rich submarkets that offer school districts, retail, and various employment centers.

Employees: 917

Real Estate Residential REIT

0

Funds holding %

of 7,463 funds

0

Analysts bullish %

of 4 analysts

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

1% less repeat investments, than reductions

Existing positions increased: 143 | Existing positions reduced: 144

0.9% less ownership

Funds ownership: 100.19% [Q1] → 99.29% (-0.9%) [Q2]

4% less funds holding

Funds holding: 400 [Q1] → 386 (-14) [Q2]

16% less capital invested

Capital invested by funds: $4.92B [Q1] → $4.11B (-$808M) [Q2]

17% less first-time investments, than exits

New positions opened: 40 | Existing positions closed: 48

33% less funds holding in top 10

Funds holding in top 10: 3 [Q1] → 2 (-1) [Q2]

72% less call options, than puts

Call options by funds: $10K | Put options by funds: $36K

See Fund Rankings

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$20

18% upside

Avg. target

$21

26% upside

High target

$24

42% upside

4 analyst ratings

3 positive

75%

1 neutral

25%

0 negative

0%

Wells Fargo Cooper Clark	$20	Overweight Maintained	27 Aug 2025
Barclays Richard Hightower	$20	Equal-Weight Maintained	12 Aug 2025
Compass Point Merrill Ross	$24	Buy Upgraded	1 Aug 2025
UBS Ami Probandt	$21	Buy Maintained	15 Jul 2025

See Analyst Rankings

Financial journalist opinion

Independence Realty Trust Declares Third Quarter 2025 Dividend

PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (NYSE: IRT) (“IRT”) announces that its Board of Directors approved a quarterly dividend of $0.17 per share of IRT common stock. The third quarter 2025 dividend is payable on October 24, 2025 to shareholders of record at the close of business on September 30, 2025. About IRT Independence Realty Trust, Inc. (NYSE: IRT), an S&P 400 MidCap Company, is a real estate investment trust (“REIT”) that owns and operates multifamily communi.

Independence Realty Trust Declares Third Quarter 2025 Dividend

Independence Realty Trust: Data-Driven Approach To Real Estate

Independence Realty Trust offers investors diversified exposure to multifamily real estate with a strong, data-driven management approach focused on Sunbelt markets and value-add renovations. Despite recent share price declines, IRT maintains resilient occupancy, solid financials, and a well-covered 3.9% dividend yield, recently raised by 6.3%. Management's conservative debt strategy and proactive financial measures position IRT to benefit from potential interest rate cuts and future market recovery.

Independence Realty Trust: Data-Driven Approach To Real Estate

Baron Discovery Fund Q2 2025: Winners And Setbacks Shaping The Portfolio

Kratos Defense, Montrose Environmental, and Karman Holdings drove strong quarterly performance, benefiting from secular tailwinds and robust demand in defense and environmental sectors. We see Kratos and Karman as well positioned for multi-year growth, leveraging investments in hypersonics, missile defense, and space technologies amid rising defense budgets. Montrose Environmental rebounded as regulatory fears eased, organic growth accelerated, and debt reduction improved transparency, supporting our continued conviction in its long-term value.

Baron Discovery Fund Q2 2025: Winners And Setbacks Shaping The Portfolio

Independence Realty Trust, Inc. (IRT) Q2 2025 Earnings Call Transcript

Independence Realty Trust, Inc. (NYSE:IRT ) Q2 2025 Earnings Conference Call July 31, 2025 9:00 AM ET Company Participants R - Corporate Participant h - Corporate Participant e - Corporate Participant James J. Sebra - President, CFO, Treasurer & Director Janice Richards - Executive Vice President of Operations Scott F.

Independence Realty Trust, Inc. (IRT) Q2 2025 Earnings Call Transcript

Zacks Investment Research

Independence Realty Trust (IRT) Q2 FFO Match Estimates

Independence Realty Trust (IRT) came out with quarterly funds from operations (FFO) of $0.28 per share, in line with the Zacks Consensus Estimate . This compares to FFO of $0.28 per share a year ago.

Independence Realty Trust (IRT) Q2 FFO Match Estimates

Independence Realty Trust Announces Second Quarter 2025 Financial Results

PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (“IRT”) (NYSE: IRT), a multifamily apartment REIT, announces its second quarter 2025 financial results. Q2 2025 EPS of $0.03 Q2 CFFO Per Share of $0.28 In Line with Expectations Same-Store Portfolio NOI Increased 2.0% for Q2 Stable Occupancy, Rental Rate Growth, and Strong Retention Supported 1.0% Increase in Revenues Focus on Operating Efficiencies and Favorable Insurance Renewal Drove 0.6% Decline in Operating Expenses Completed 4.

Independence Realty Trust Announces Second Quarter 2025 Financial Results

IRT Announces Dates for Second Quarter 2025 Earnings Release and Conference Call

PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (“IRT”) (NYSE: IRT), announces the release date and conference call details in which management will discuss second quarter 2025 financial results. Details: Results Release Date: Wednesday, July 30, 2025, after the market closes Conference Call Date and Time: Thursday, July 31, 2025, at 9:00 a.m. Eastern Time Telephone Number (within the U.S.): (888) 440-3307 Conference ID (Passcode): 1963990 The live conference call can also be acc.

IRT Announces Dates for Second Quarter 2025 Earnings Release and Conference Call

The State Of REITs: June 2025 Edition

REITs saw a month of recovery in May (+2.08%), but still have a long way to go to get back into the black in 2025 with an average -7.33% return. Micro cap REITs (-0.73%) continued to struggle, while small caps (+4.28%), mid-caps (+1.83%) and large caps (+0.91%) saw gains. 62.58% of REIT securities had a positive total return in May.

The State Of REITs: June 2025 Edition

4 U.S., Canadian REITs Hike Dividend Payments In May

Two publicly listed real estate investment trusts in the US declared increases to their regular dividends in May, according to S&P Global Market Intelligence data. Two Canadian REITs declared dividends in May. The dividend hikes in May brought the number of publicly traded US REITs that have declared increases to their regular dividends in the first five months of 2025 to 41 companies, representing 26.1% of the REIT industry.

4 U.S., Canadian REITs Hike Dividend Payments In May

Independence Realty Trust: Recent Underperformance Presents A Buying Opportunity (Rating Upgrade)

Independence Realty Trust is a residential REIT focused on the Sunbelt region, with Atlanta and Dallas the largest markets for the company. Q1 2025 results show strong underlying NOI momentum but also muted cash flow per share growth due to ongoing equity issuance to fund portfolio growth. Higher occupancy had an outsized effect on NOI growth in the first quarter. Underlying rent growth is much weaker.

Independence Realty Trust: Recent Underperformance Presents A Buying Opportunity (Rating Upgrade)

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