Equites Radar

IRT · Independence Realty Trust, Inc.

REIT - ResidentialUnited StatesAnalyst view: Buy

$15.44

+1.41% last session

End-of-day data · close of 2026-09-11

Bearish1 bullish · 4 bearish technical signals
Consensus: Buy (1.64 from 14 analysts)
To mean target: +27.8%

Market cap

$4B

Enterprise value

$6B

Trailing P/E

84.6

Forward P/E

95.2

Dividend yield

5.0%

Beta

0.94

Avg volume

3M

Employees

1K

Daily Change %

1.41%

5 Days Change

-5.34%

10 Days Change

-5.87%

30 Days Change

-8.53%

60 Days Change

-9.02%

Month to Day Change

-6.39%

Year to Day Change

-10.92%

Analyst Outlook

Consensus ratingBuy
Recommendation mean (1–5)1.64
Covering analysts14
Mean price target$19.46
Low price target$17.50
Upside to mean target+27.8%

Analyst estimates change daily — follow the shifts on the Estimate Trends page.

Technical Analysis

RSI (14)33.0
50-day MA$16.58
200-day MA$16.25
Price vs 50-day MA-6.9%
Price vs 200-day MA-5.0%
MACD histogram-0.13
Volume vs 3-month avg0.5×
52w low $14.6052w high $17.35

Analyst sentiment over time — IRT

Rec Mean (blue, left — higher = more bullish) vs. price targets (right).

Investment Bank Ratings as of 2026-09-10

Latest call per bank · past 12 months

RBC Capital

Outperform

$19.00

+24.8% vs price
▲ raised from $18.00Maintains · 2026-08-05

Barclays

Overweight

$20.00

+31.3% vs price
▲ raised from $19.00Upgrade · 2026-07-14

Wells Fargo

Overweight

$19.00

+24.8% vs price
▲ raised from $18.00Maintains · 2026-06-01

UBS

Buy

$19.00

+24.8% vs price
▼ cut from $20.00Maintains · 2026-05-14

Citigroup

Neutral

$18.00

+18.2% vs price
▼ cut from $19.50Maintains · 2026-02-18

Recent rating actions

DateFirmActionRatingPrice target
2026-09-10CitizensReiteratesMarket Outperform$22.00
2026-08-05RBC CapitalMaintainsOutperform$18.00 $19.00
2026-07-14BarclaysUpgradeEqual-WeightOverweight$19.00 $20.00
2026-06-01Wells FargoMaintainsOverweight$18.00 $19.00
2026-05-14UBSMaintainsBuy$20.00 $19.00
2026-05-11BarclaysMaintainsEqual-Weight$18.00 $19.00
2026-04-23Wells FargoMaintainsOverweight$19.00 $18.00
2026-03-06BarclaysMaintainsEqual-Weight$21.00 $18.00

Ratings and price targets are the published opinions of the issuing banks, compiled from Yahoo Finance rating actions — not investment advice.

Signal Summary as of 2026-09-11

  • RSI (14): RSI is 33 — neutral momentum, neither overbought nor oversold.
  • Price vs 50-day MA: Trading 6.8% below the 50-day MA ($16.58).
  • Price vs 200-day MA: Trading 5.0% below the 200-day MA ($16.25).
  • MA cross: The 50-day MA sits above the 200-day MA (golden-cross regime) — the longer-term trend points up.
  • MACD (12,26,9): MACD histogram is negative (-0.12) — short-term momentum is fading.
  • 52-week range: Price is within 10% of the 52-week low ($14.60).

IRT Price Chart

Loading chart for IRT

Fundamentals

Revenue (TTM)$1.0B
EBITDA$0M
Free cash flow$0M
Operating cash flow$0M
Book value / share$14.28
Net Debt / EBITDA6.4
WACC9.0%
Revenue growth3.00%
Earnings growth-67.00%

About Independence Realty Trust, Inc.

Independence Realty Trust, Inc., an S&P 400 MidCap Company, is a real estate investment trust that owns and operates multifamily communities across non-gateway U.S. markets. IRT's investment strategy is focused on gaining scale near major employment centers within key amenity rich submarkets that offer good school districts and high-quality retail. IRT's main investment objective is to provide attractive risk-adjusted returns to shareholders through diligent portfolio management, strong operational performance, and a consistent return on capital through distributions and capital appreciation. Independence Realty Trust, Inc. was established in 2009 and is incorporated in Maryland.

More in REIT - Residential

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Data is sourced from end-of-day snapshots and refreshed daily before the US market open — nothing on this page is real-time. Figures can contain vendor errors. This page is for information only and is not investment advice.