Independence Realty Trust Stock Performance
| IRT Stock | USD 21.73 0.01 0.05% |
Independence Realty has a performance score of 6 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.6, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Independence Realty's returns are expected to increase less than the market. However, during the bear market, the loss of holding Independence Realty is expected to be smaller as well. Independence Realty Trust right now retains a risk of 1.33%. Please check out Independence Realty downside variance, and the relationship between the total risk alpha and daily balance of power , to decide if Independence Realty will be following its current trending patterns.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Independence Realty Trust are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively weak basic indicators, Independence Realty may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
Actual Historical Performance (%)
One Day Return 1.45 | Five Day Return 1.92 | Year To Date Return 42.13 | Ten Year Return 133.53 | All Time Return 160.89 |
Forward Dividend Yield 0.0303 | Payout Ratio 2.4 | Forward Dividend Rate 0.64 | Dividend Date 2024-10-18 | Ex Dividend Date 2024-09-30 |
1 | Independence Realty Trust Reports Minimal Damage to Communities from Hurricane Helene | 09/30/2024 |
2 | Acquisition by DeForest Soaries of 5616 shares of Independence Realty subject to Rule 16b-3 | 10/04/2024 |
| Independence Realty dividend paid on 18th of October 2024 | 10/18/2024 |
3 | Disposition of 2074 shares by Farrell Ender of Independence Realty at 16.42 subject to Rule 16b-3 | 10/21/2024 |
4 | Whats in Store for Mid-America Apartment Stock in Q3 Earnings | 10/24/2024 |
5 | Heres How You Can Earn 100 In Passive Income By Investing In Independence Realty Stock | 10/25/2024 |
6 | Independence Realty Trust Inc Q3 2024 Earnings Report Preview What To Look For | 10/30/2024 |
7 | Earnings call Independence Realty Trust reports growth in Q3 2024 | 11/01/2024 |
8 | Independence Realty Trust, Inc. Stake Lessened by Chartwell Investment Partners LLC | 11/12/2024 |
9 | BMO upgrades Independence Realty Trust rating to Market Perform, bumps stock PT | 11/15/2024 |
10 | Independence Realty Trust Stock Rating Upgraded by BMO Capital Markets | 11/18/2024 |
11 | Independence Realty Trusts SWOT analysis stock poised for growth amid market shifts | 11/26/2024 |
| Begin Period Cash Flow | 44 M |
Independence |
Independence Realty Relative Risk vs. Return Landscape
If you would invest 2,028 in Independence Realty Trust on August 29, 2024 and sell it today you would earn a total of 145.00 from holding Independence Realty Trust or generate 7.15% return on investment over 90 days. Independence Realty Trust is generating 0.1167% of daily returns assuming volatility of 1.3348% on return distribution over 90 days investment horizon. In other words, 11% of stocks are less volatile than Independence, and above 98% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Independence Realty Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Independence Realty's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Independence Realty Trust, and traders can use it to determine the average amount a Independence Realty's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0875
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Estimated Market Risk
| 1.33 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Independence Realty is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Independence Realty by adding it to a well-diversified portfolio.
Independence Realty Fundamentals Growth
Independence Stock prices reflect investors' perceptions of the future prospects and financial health of Independence Realty, and Independence Realty fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Independence Stock performance.
| Return On Equity | -1.0E-4 | |||
| Return On Asset | 0.0128 | |||
| Profit Margin | (0.0003) % | |||
| Operating Margin | 0.20 % | |||
| Current Valuation | 7.16 B | |||
| Shares Outstanding | 225.1 M | |||
| Price To Earning | 103.51 X | |||
| Price To Book | 1.46 X | |||
| Price To Sales | 7.82 X | |||
| Revenue | 660.98 M | |||
| Gross Profit | 371.27 M | |||
| EBITDA | 635.62 M | |||
| Net Income | (17.23 M) | |||
| Cash And Equivalents | 16.08 M | |||
| Cash Per Share | 0.15 X | |||
| Total Debt | 2.43 B | |||
| Debt To Equity | 0.68 % | |||
| Current Ratio | 0.79 X | |||
| Book Value Per Share | 14.93 X | |||
| Cash Flow From Operations | 262.17 M | |||
| Market Capitalization | 4.87 B | |||
| Total Asset | 6.28 B | |||
| Retained Earnings | (348.4 M) | |||
| Working Capital | (646.24 M) | |||
| Current Asset | 47.08 M | |||
| Current Liabilities | 23.55 M | |||
About Independence Realty Performance
Assessing Independence Realty's fundamental ratios provides investors with valuable insights into Independence Realty's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Independence Realty is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | (43.27) | (41.11) | |
| Return On Capital Employed | 0.03 | 0.02 | |
| Return On Equity | (0.01) | (0.01) |
Things to note about Independence Realty Trust performance evaluation
Checking the ongoing alerts about Independence Realty for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Independence Realty Trust help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Independence Realty Trust has 2.43 B in debt with debt to equity (D/E) ratio of 0.68, which is OK given its current industry classification. Independence Realty Trust has a current ratio of 0.77, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Independence to invest in growth at high rates of return. | |
| The entity reported the last year's revenue of 660.98 M. Reported Net Loss for the year was (17.23 M) with profit before taxes, overhead, and interest of 371.27 M. | |
| Over 97.0% of Independence Realty shares are owned by institutional investors | |
| On 18th of October 2024 Independence Realty paid $ 0.16 per share dividend to its current shareholders | |
| Latest headline from investing.com: Independence Realty Trusts SWOT analysis stock poised for growth amid market shifts |
- Analyzing Independence Realty's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Independence Realty's stock is overvalued or undervalued compared to its peers.
- Examining Independence Realty's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Independence Realty's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Independence Realty's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Independence Realty's stock. These opinions can provide insight into Independence Realty's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Independence Stock Analysis
When running Independence Realty's price analysis, check to measure Independence Realty's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Independence Realty is operating at the current time. Most of Independence Realty's value examination focuses on studying past and present price action to predict the probability of Independence Realty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Independence Realty's price. Additionally, you may evaluate how the addition of Independence Realty to your portfolios can decrease your overall portfolio volatility.