Independence Realty Trust Stock Analysis
| IRT Stock | USD 18.70 0.00 0.00% |
Independence Realty Trust is undervalued with Real Value of 19.89 and Target Price of 21.05. The main objective of Independence Realty stock analysis is to determine its intrinsic value, which is an estimate of what Independence Realty Trust is worth, separate from its market price. There are two main types of Independence Realty's stock analysis: fundamental analysis and technical analysis.
The Independence Realty stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Independence Realty is usually not traded on Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, National Mourning Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day. Independence Stock trading window is adjusted to America/New York timezone.
Independence |
Independence Stock Analysis Notes
About 97.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.27. Some equities with similar Price to Book (P/B) outperform the market in the long run. Independence Realty Trust has Price/Earnings (P/E) ratio of 103.51. The entity last dividend was issued on the 30th of September 2024. is a real estate investment trust that owns and operates multifamily apartment properties across non-gateway U.S. markets, including Atlanta, Louisville, Memphis, and Raleigh. IRT aims to provide stockholders attractive risk-adjusted returns through diligent portfolio management, strong operational performance, and a consistent return on capital through distributions and capital appreciation. Independence Realty operates under REITResidential classification in the United States and is traded on New York Stock Exchange. It employs 937 people. To learn more about Independence Realty Trust call Scott Schaeffer at 267 270 4800 or check out https://www.irtliving.com.Independence Realty Trust Investment Alerts
| Independence Realty generated a negative expected return over the last 90 days | |
| 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. | |
| Independence Realty has a poor financial position based on the latest SEC disclosures | |
| Over 97.0% of Independence Realty shares are owned by institutional investors | |
| Latest headline from investors.com: IBD Rating Upgrades Independence Realty Trust Flashes Improved Price Strength |
Independence Realty Trust Upcoming and Recent Events
| 14th of February 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Independence Largest EPS Surprises
Earnings surprises can significantly impact Independence Realty's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-04-26 | 2023-03-31 | 0.03 | 0.04 | 0.01 | 33 | ||
2021-04-28 | 2021-03-31 | 0.02 | 0.01 | -0.01 | 50 | ||
2020-10-28 | 2020-09-30 | 0.02 | 0.01 | -0.01 | 50 |
Independence Realty Environmental, Social, and Governance (ESG) Scores
Independence Realty's ESG score is a quantitative measure that evaluates Independence Realty's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Independence Realty's operations that may have significant financial implications and affect Independence Realty's stock price as well as guide investors towards more socially responsible investments.
Independence Stock Institutional Investors
Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Frontier Capital Management Co Inc | 2024-09-30 | 3.6 M | Charles Schwab Investment Management Inc | 2024-09-30 | 3.5 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 3.3 M | Northern Trust Corp | 2024-09-30 | 2.8 M | Jpmorgan Chase & Co | 2024-09-30 | 2.5 M | Goldman Sachs Group Inc | 2024-09-30 | 2.4 M | Bank Of New York Mellon Corp | 2024-09-30 | 2 M | Fisher Asset Management, Llc | 2024-09-30 | 2 M | Deutsche Bank Ag | 2024-09-30 | 2 M | Blackrock Inc | 2024-09-30 | 33.8 M | Vanguard Group Inc | 2024-09-30 | 32.5 M |
Independence Market Capitalization
The company currently falls under 'Mid-Cap' category with a total capitalization of 4.87 B.Independence Profitablity
| Last Reported | Projected for Next Year | ||
| Return On Capital Employed | 0.03 | 0.02 |
Management Efficiency
Independence Realty Trust has Return on Asset of 0.0128 % which means that on every $100 spent on assets, it made $0.0128 of profit. This is way below average. Independence Realty's management efficiency ratios could be used to measure how well Independence Realty manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to -0.003 in 2025. Return On Capital Employed is likely to drop to 0.02 in 2025. At this time, Independence Realty's Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 7.6 B in 2025, whereas Non Current Liabilities Other is likely to drop slightly above 6 M in 2025.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 14.31 | 8.82 | |
| Tangible Book Value Per Share | 14.31 | 8.78 | |
| Enterprise Value Over EBITDA | 23.07 | 21.92 | |
| Price Book Value Ratio | 1.15 | 1.09 | |
| Enterprise Value Multiple | 23.07 | 21.92 | |
| Price Fair Value | 1.15 | 1.09 | |
| Enterprise Value | 5.3 B | 5.5 B |
The strategic initiatives led by Independence Realty's management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Technical Drivers
As of the 22nd of January, Independence Realty retains the Standard Deviation of 1.47, market risk adjusted performance of (0.38), and insignificant Risk Adjusted Performance. Independence Realty technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.Independence Realty Trust Price Movement Analysis
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Independence Realty Trust Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Independence Realty insiders, such as employees or executives, is commonly permitted as long as it does not rely on Independence Realty's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Independence Realty insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Independence Realty Outstanding Bonds
Independence Realty issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Independence Realty Trust uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Independence bonds can be classified according to their maturity, which is the date when Independence Realty Trust has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Independence Realty Predictive Daily Indicators
Independence Realty intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Independence Realty stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 0.0204 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 18.9 | |||
| Day Typical Price | 18.83 | |||
| Market Facilitation Index | 0.39 | |||
| Price Action Indicator | (0.20) |
Independence Realty Corporate Filings
8K | 10th of January 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 3rd of January 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 9th of December 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 18th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 14th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
13A | 8th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
10Q | 31st of October 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 30th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Independence Realty Forecast Models
Independence Realty's time-series forecasting models are one of many Independence Realty's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Independence Realty's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Independence Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Independence Realty prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Independence shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Independence Realty. By using and applying Independence Stock analysis, traders can create a robust methodology for identifying Independence entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | (0.03) | (0.03) | |
| Operating Profit Margin | 0.26 | 0.29 | |
| Net Loss | (0.03) | (0.03) | |
| Gross Profit Margin | 0.29 | 0.28 |
Current Independence Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Independence analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Independence analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
| Target Price | Advice | # of Analysts | |
| 21.05 | Strong Buy | 12 | Odds |
Most Independence analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Independence stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Independence Realty Trust, talking to its executives and customers, or listening to Independence conference calls.
Independence Stock Analysis Indicators
Independence Realty Trust stock analysis indicators help investors evaluate how Independence Realty stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Independence Realty shares will generate the highest return on investment. By understating and applying Independence Realty stock analysis, traders can identify Independence Realty position entry and exit signals to maximize returns.
| Begin Period Cash Flow | 44 M | |
| Long Term Debt | 1.7 B | |
| Common Stock Shares Outstanding | 224.4 M | |
| Total Stockholder Equity | 3.4 B | |
| Quarterly Earnings Growth Y O Y | 1.856 | |
| Property Plant And Equipment Net | 2.4 M | |
| Cash And Short Term Investments | 22.9 M | |
| Cash | 22.9 M | |
| Accounts Payable | 109.1 M | |
| Net Debt | 2.4 B | |
| 50 Day M A | 20.0806 | |
| Total Current Liabilities | 993.3 M | |
| Other Operating Expenses | 516.4 M | |
| Non Current Assets Total | 5.9 B | |
| Forward Price Earnings | 86.2069 | |
| Non Currrent Assets Other | 5.8 B | |
| Stock Based Compensation | 7.7 M |
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.