Independence Realty Trust

IRT

Market cap $4.11B

Independence Realty Trust is a multi-family residential REIT getting a buy rating for my initial coverage, agreeing with today's Wall St. and Seeking Alpha analyst consensus. Several upside drivers include portfolio growth and upgrades, supply/demand housing imbalance and Sun Belt population growth, and a very low leverage risk. IRT stock is slightly undervalued compared to key peers, but some forecasts point to further price upside to occur.

PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (“IRT”) (NYSE: IRT), announces the publication of its 2024 Sustainability Report, which can be accessed by going to visit https://investors.irtliving.com/sustainability/. The report summarizes IRT's sustainability achievements through calendar year 2024 as part of the company's broader mission to provide exceptional living experiences for residents and attractive returns for shareholders. “We believe that operating multifamily real.

Independence Realty Trust, Inc. ( IRT ) Q3 2025 Earnings Call October 30, 2025 9:00 AM EDT Company Participants Stephanie Krewson-Kelly Scott Schaeffer - CEO & Chairman James Sebra - President, CFO, Treasurer & Director Janice Richards - Executive Vice President of Operations Conference Call Participants Brad Heffern - RBC Capital Markets, Research Division James Feldman - Wells Fargo Securities, LLC, Research Division Austin Wurschmidt - KeyBanc Capital Markets Inc., Research Division Eric Wolfe - Citigroup Inc., Research Division John Kim - BMO Capital Markets Equity Research Wesley Golladay - Robert W. Baird & Co. Incorporated, Research Division Ami Probandt - UBS Investment Bank, Research Division Omotayo Okusanya - Deutsche Bank AG, Research Division Ann Chan - Green Street Advisors, LLC, Research Division Presentation Operator Ladies and gentlemen, thank you for standing by.

Independence Realty Trust (IRT) came out with quarterly funds from operations (FFO) of $0.29 per share, missing the Zacks Consensus Estimate of $0.3 per share. This compares to FFO of $0.29 per share a year ago.

PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (“IRT”) (NYSE: IRT), a multifamily apartment REIT, announces its third quarter 2025 financial results. Q3 2025 EPS of $0.03 Q3 CFFO Per Share of $0.29 In Line with Expectations 2.7% Same-Store NOI Growth in Q3 1.4% Increase in Rental Revenue and 0.7% Decrease in Property Operating Expenses 95.6% Same-Store Occupancy at End of Q3 60.4% Resident Retention Rate in Q3 Completed 788 Renovations in Value Add Program Achieved Average ROI o.

Independence Realty Trust offers leveraged exposure to Sunbelt apartment markets, focusing on class-B properties with a higher risk/reward profile. IRT trades at a discount on FFO multiple versus peers while offering a 4.2% dividend yield. Management expects improved growth as Sunbelt supply moderates, but high leverage and interest expense remain key risks.

PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (“IRT”) (NYSE: IRT), announces the release date and conference call details in which management will discuss third quarter 2025 financial results. Details: Results Release Date: Wednesday, October 29, 2025, after the market closes   Conference Call Date and Time: Thursday, October 30, 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.

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 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.

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