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Independence Realty Trust, Inc. (IRT)

NYQ · Real Estate · REIT - Residential

$16.87 +0.84%

Closing price as of 2026-06-12 · Source: TEK2day Finance

1-Year Price History -5.1% over period
$18$17$16$15$15 2025-062025-092025-122026-032026-06

Key Metrics

Market Cap
$3.98B
Shares Outstanding
235.7M
P/S (TTM)
6.0x
P/E (TTM)
84.3x
Exchange
NYQ
Currency
USD

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.

Quarterly Financials

Metric2025-06-302025-09-302025-12-312026-03-31
Revenue162.2M167.1M167.1M165.3M
Gross Profit93.5M97.5M103.2M95.0M
Operating Income27.8M30.9M35.5M21.8M
Net Income8.0M6.9M33.3M-68K
Diluted EPS$0.03$0.03$0.14$0.00

Annual Financials

Metric2022-12-312023-12-312024-12-312025-12-31
Revenue628.5M661.0M640.0M657.7M
Gross Profit372.2M389.6M374.5M388.4M
Operating Income93.1M147.8M129.4M121.2M
Net Income117.2M-17.2M39.3M56.6M
Diluted EPS$0.53$-0.08$0.17$0.24
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