Equites Radar

IRT · Independence Realty Trust, Inc.

REIT - ResidentialUnited StatesAnalyst view: Buy

$16.61

+1.64% last session

End-of-day data · updated 2026-07-28

Bullish4 bullish · 1 bearish technical signals
Consensus: Buy (1.64 from 14 analysts)
To mean target: +15.7%

Market cap

$4B

Enterprise value

$6B

Trailing P/E

82.1

Forward P/E

105.9

Dividend yield

4.0%

Beta

0.96

Avg volume

3M

Employees

1K

2D change

5D change

0.12%

10D change

-1.20%

30D change

-2.90%

60D change

2.27%

MTD change

-4.31%

YTD change

-3.96%

Analyst Outlook

Consensus ratingBuy
Recommendation mean (1–5)1.64
Covering analysts14
Mean price target$19.21
Low price target$17.00
Upside to mean target+15.7%

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

Technical Analysis

RSI (14)52.3
50-day MA$16.47
200-day MA$16.12
Price vs 50-day MA+1.3%
Price vs 200-day MA+3.5%
MACD histogram-0.05
Volume vs 3-month avg0.7×
52w low $14.6052w high $17.36

Analyst sentiment over time — IRT

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

Investment Bank Ratings as of 2026-07-14

Latest call per bank · past 12 months

Barclays

Overweight

$20.00

+20.4% vs price
▲ raised from $19.00Upgrade · 2026-07-14

Wells Fargo

Overweight

$19.00

+14.4% vs price
▲ raised from $18.00Maintains · 2026-06-01

UBS

Buy

$19.00

+14.4% vs price
▼ cut from $20.00Maintains · 2026-05-14

Citigroup

Neutral

$18.00

+8.4% vs price
▼ cut from $19.50Maintains · 2026-02-18

Recent rating actions

DateFirmActionRatingPrice target
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
2026-03-05Wells FargoMaintainsOverweight$20.00 $19.00
2026-02-18CitigroupMaintainsNeutral$19.50 $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 2026-07-28

  • RSI (14): RSI is 52 — neutral momentum, neither overbought nor oversold.
  • Price vs 50-day MA: Trading 1.3% above the 50-day MA ($16.47).
  • Price vs 200-day MA: Trading 3.5% above the 200-day MA ($16.12).
  • 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 (-0.05) — short-term momentum is fading.
  • 52-week range: Price is within 5% of the 52-week high ($17.36).

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$14.42
Net debt / EBITDA6.3
WACC9.0%
Revenue growth2.00%
Earnings growth

About Independence Realty Trust, Inc.

Independence Realty Trust, Inc. a Maryland corporation, is a self-administered and self-managed real estate investment trust (REIT) that acquires, owns, operates, improves and manages multifamily apartment communities across non-gateway U.S. markets. As of December 31, 2025, we owned and operated 114 multifamily apartment properties (including one owned through a consolidated joint venture) that contain an aggregate of 33,462 units in the following Southeastern and Midwestern states: Alabama, Colorado, Florida, Georgia, Indiana, Kentucky, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, and Texas. In addition, as of December 31, 2025, we owned one investment in real estate under development in Denver, Colorado that will, upon completion, contain 296 units. As of December 31, 2025, we also owned interests in four unconsolidated joint ventures, two of which own and operate multifamily apartment properties that contain an aggregate of 653 units and two that are developing multifamily apartment properties that will, upon completion, contain an aggregate of 642 units. Independence Realty Trust, Inc. was incorporated in 2009 in Maryland and is based in Philadelphia, United States.

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.