IRT
Independence Realty Trust Inc
NYSE: IRT · REAL ESTATE · REIT - RESIDENTIAL
$16.45
+0.48% today
Updated 2026-06-05
Market cap
$4.05B
P/E ratio
83.80
P/S ratio
6.02x
EPS (TTM)
$0.20
Dividend yield
4.12%
52W range
$14 – $17
Volume
2.9M
WallStSmart proprietary scores
41
out of 100
Grade: D
Sell
Investment rating
3.3
Growth
D3.5
Quality
D4.5
Profitability
C3.0
Valuation
D3/9
Piotroski F-Score
Weak
0.8
Altman Z-Score
Distress
—
Industry rank
—
View all highly rated stocks (75+) →203 stocks currently score above 75
Price targets
Analyst target
$19.14
+16.35%
12-Month target
$0.61
-96.29%
Intrinsic (DCF)
—
Margin of safety
—
2 Strong Buy8 Buy4 Hold0 Sell0 Strong Sell
Price chart
Stock snapshot
Strengths
+ Free cash flow $31.71M — positive
Risks
- Piotroski 3/9 — weak financial health
- Altman Z 0.76 — distress zone
- P/E 83.80x — expensive valuation
Key financials
Revenue Net Income Free Cash Flow
| Metric | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|
| Revenue | $628.52M | $660.98M | $640.03M | $657.70M | $672.38M |
| Net income | $117.25M | $-17.23M | $39.29M | $56.56M | $-68000.00 |
| EPS | — | — | — | — | $0.20 |
| Free cash flow | $165.56M | $115.54M | $84.69M | $146.52M | $31.71M |
| Profit margin | 18.65% | -2.61% | 6.14% | 8.60% | 7.16% |
Peer comparison
Smart narrative
Independence Realty Trust Inc trades at $16.45. representing a P/E of 83.80x trailing earnings. Our Smart Value Score of 41/100 indicates the stock is fair. The company scores 3/9 on the Piotroski F-Score. With an Altman Z-Score of 0.76, it sits in the distress. TTM revenue stands at $672.38M. with profit margins at 7.16%.
Frequently asked questions
What is Independence Realty Trust Inc's stock price?
Independence Realty Trust Inc (IRT) trades at $16.45, on a P/E of 83.8x and a P/S of 6.0x. Those multiples show what the market is paying for each dollar of earnings and sales, which is the real starting point for judging whether the price is reasonable.
Is Independence Realty Trust Inc overvalued?
Independence Realty Trust Inc carries a Smart Value Score of 41/100 (Grade D), which we rate Sell. That score blends growth, quality, and valuation into one read.
What is the price target of Independence Realty Trust Inc (IRT)?
The 12-month analyst consensus target is $19.14, about 16.4% above the current $16.45. A consensus target is the average of Wall Street's 12-month forecasts, so it works as a sentiment gauge rather than a guarantee, and it resets with every earnings cycle.
What is Independence Realty Trust Inc's revenue?
Independence Realty Trust Inc's trailing twelve-month revenue is $672.38M. Revenue scale anchors the valuation multiples and shows whether growth is reaching the top line, so it is best read alongside margin and growth trends to see if that revenue is getting more profitable over time.
Altman Z-Score?
Independence Realty Trust Inc's Altman Z-Score is 0.76, which places it in the distress. The Altman Z-Score gauges bankruptcy risk from profitability, leverage, and asset efficiency, and a higher reading points to lower financial distress risk.
Company info
SectorREAL ESTATE
IndustryREIT - RESIDENTIAL
CountryUSA
ExchangeNYSE
CurrencyUSD
Quick metrics
P/S ratio6.02x
ROE1.42%
Beta0.97
50D MA$16.32
200D MA$16.44
Shares out0.24B
Float0.23B
Short ratio—
Avg volume2.9M
Performance
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