Independence Realty Trust Stock Today

IRT Stock  USD 19.10  0.25  1.33%   

Performance

0 of 100

 
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Odds Of Distress

Less than 37

 
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Below Average
Independence Realty is selling for under 19.10 as of the 30th of January 2025; that is 1.33 percent increase since the beginning of the trading day. The stock's last reported lowest price was 18.85. Independence Realty has about a 37 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Note, on October 4, 2024, Representative Josh Gottheimer of US Congress acquired under $15k worth of Independence Realty Trust's common stock.
Business Domain
Equity Real Estate Investment Trusts (REITs)
IPO Date
13th of August 2013
Category
Real Estate
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. The company has 225.1 M outstanding shares of which 23.73 M shares are currently shorted by investors with about 10.27 days to cover. More on Independence Realty Trust

Moving together with Independence Stock

  0.88AVB AvalonBay CommunitiesPairCorr
  0.85BRT BRT Realty TrustPairCorr
  0.83CSR CenterspacePairCorr
Follow Valuation Options Odds of Bankruptcy
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Independence Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanScott Schaeffer
Business ConcentrationMulti-Family Residential REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, NYSE Composite, SP Midcap 400, Real Estate, Residential REITs, REIT—Residential, Real Estate (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.07390.0947
Significantly Down
Pretty Stable
Gross Profit Margin0.280.29
Sufficiently Down
Slightly volatile
Total Current Liabilities1.2 B1.1 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total2.1 BB
Sufficiently Up
Slightly volatile
Total Assets7.6 B7.2 B
Sufficiently Up
Slightly volatile
Total Current Assets419.1 M399.1 M
Sufficiently Up
Slightly volatile
Debt Levels
Independence Realty can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Independence Realty's financial leverage. It provides some insight into what part of Independence Realty's total assets is financed by creditors.
Liquidity
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.

Sale Purchase Of Stock

(4.41 Million)
Independence Realty Trust (IRT) is traded on New York Stock Exchange in USA. It is located in 1835 Market Street, Philadelphia, PA, United States, 19103-2935 and employs 952 people. Independence Realty is listed under Multi-Family Residential REITs category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 4.87 B. Independence Realty Trust runs under Residential REITs sector within Real Estate industry. The entity has 225.1 M outstanding shares of which 23.73 M shares are currently shorted by investors with about 10.27 days to cover. Independence Realty Trust has about 16.08 M in cash with 262.17 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.15.
Check Independence Realty Probability Of Bankruptcy
Ownership Allocation
Independence Realty Trust has a total of 225.1 Million outstanding shares. The majority of Independence Realty Trust outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Independence Realty to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Independence Realty Trust. Please pay attention to any change in the institutional holdings of Independence Realty Trust as this could imply that something significant has changed or is about to change at the company. Please note that on October 4, 2024, Representative Josh Gottheimer of US Congress acquired under $15k worth of Independence Realty Trust's common stock.
Check Independence Ownership Details

Independence Stock Institutional Holders

InstituionRecorded OnShares
Frontier Capital Management Co Inc2024-09-30
3.6 M
Charles Schwab Investment Management Inc2024-09-30
3.5 M
Dimensional Fund Advisors, Inc.2024-09-30
3.3 M
Northern Trust Corp2024-09-30
2.8 M
Jpmorgan Chase & Co2024-09-30
2.5 M
Goldman Sachs Group Inc2024-09-30
2.4 M
Bank Of New York Mellon Corp2024-09-30
M
Fisher Asset Management, Llc2024-09-30
M
Deutsche Bank Ag2024-09-30
M
Blackrock Inc2024-09-30
33.8 M
Vanguard Group Inc2024-09-30
32.5 M
View Independence Realty Diagnostics

Independence Realty Historical Income Statement

At this time, Independence Realty's Depreciation And Amortization is comparatively stable compared to the past year. Research Development is likely to gain to 0.04 in 2025, despite the fact that Net Loss is likely to grow to (18.8 M). View More Fundamentals

Independence Stock Against Markets

Independence Realty Corporate Directors

Mack PridgenIndependent DirectorProfile
Melinda McClureLead Independent DirectorProfile
William DunkelbergIndependent DirectorProfile
Ella NeylandChief Operating Officer, DirectorProfile

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.