(IRT) Independence Realty Trust - Ratings and Ratios
Multifamily, Apartments, Leasing
IRT EPS (Earnings per Share)
IRT Revenue
Description: IRT Independence Realty Trust
Independence Realty Trust, Inc. (NYSE: IRT) is a real estate investment trust (REIT) that specializes in owning and operating multifamily communities across various non-gateway U.S. markets. The companys strategic focus is on acquiring properties near major employment centers in submarkets with desirable amenities, good school districts, and high-quality retail options.
IRTs investment approach is centered around delivering attractive risk-adjusted returns to stockholders through a combination of diligent portfolio management, strong operational performance, and consistent returns on capital via distributions and capital appreciation. The companys diversified portfolio is spread across multiple markets, including Atlanta, GA, Dallas, TX, Denver, CO, and others, which helps mitigate regional economic risks.
From a performance perspective, key metrics to consider include the companys Funds From Operations (FFO) and Adjusted Funds From Operations (AFFO) per share, which are crucial in evaluating the REITs profitability and ability to generate cash. Additionally, the Net Operating Income (NOI) growth rate and occupancy rates are important indicators of IRTs operational efficiency and ability to maintain a stable revenue stream. A review of the companys debt-to-equity ratio and interest coverage ratio would also provide insights into its financial health and ability to service its debt obligations.
To further analyze IRTs potential, one could examine its dividend yield and payout ratio, as well as its historical dividend growth rate, to assess the sustainability of its dividend payments. Moreover, comparing IRTs valuation multiples, such as its Price-to-FFO ratio, to those of its peers within the Multi-Family Residential REITs sub-industry could help determine if the stock is fairly valued, undervalued, or overvalued.
IRT Stock Overview
| Market Cap in USD | 4,239m |
| Sub-Industry | Multi-Family Residential REITs |
| IPO / Inception | 2013-08-13 |
IRT Stock Ratings
| Growth Rating | -1.45% |
| Fundamental | 42.7% |
| Dividend Rating | 65.2% |
| Return 12m vs S&P 500 | -25.4% |
| Analyst Rating | 4.21 of 5 |
IRT Dividends
| Dividend Yield 12m | 3.53% |
| Yield on Cost 5y | 6.46% |
| Annual Growth 5y | 3.46% |
| Payout Consistency | 94.7% |
| Payout Ratio | 6.2% |
IRT Growth Ratios
| Growth Correlation 3m | -46.2% |
| Growth Correlation 12m | -66.3% |
| Growth Correlation 5y | 30.5% |
| CAGR 5y | 11.94% |
| CAGR/Max DD 5y | 0.22 |
| Sharpe Ratio 12m | -0.66 |
| Alpha | 0.01 |
| Beta | 0.807 |
| Volatility | 28.75% |
| Current Volume | 2747.1k |
| Average Volume 20d | 2476.7k |
| Stop Loss | 17 (-3.5%) |
| Signal | 1.70 |
Piotroski VR‑10 (Strict, 0-10) 2.0
| Net Income (27.8m TTM) > 0 and > 6% of Revenue (6% = 38.7m TTM) |
| FCFTA 0.02 (>2.0%) and ΔFCFTA 0.06pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 1.29% (prev -112.1%; Δ 113.4pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.06 (>3.0%) and CFO 335.7m > Net Income 27.8m (YES >=105%, WARN >=100%) |
| Net Debt (2.21b) to EBITDA (337.2m) ratio: 6.55 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.05 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (234.1m) change vs 12m ago 3.87% (target <= -2.0% for YES) |
| Gross Margin 58.85% (prev 42.17%; Δ 16.68pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 10.83% (prev 11.02%; Δ -0.19pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 1.39 (EBITDA TTM 337.2m / Interest Expense TTM 76.2m) >= 6 (WARN >= 3) |
Altman Z'' -0.38
| (A) 0.00 = (Total Current Assets 162.4m - Total Current Liabilities 154.1m) / Total Assets 5.96b |
| (B) -0.09 = Retained Earnings (Balance) -514.6m / Total Assets 5.96b |
| (C) 0.02 = EBIT TTM 105.7m / Avg Total Assets 5.95b |
| (D) -0.21 = Book Value of Equity -512.3m / Total Liabilities 2.41b |
| Total Rating: -0.38 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 42.68
| 1. Piotroski 2.0pt = -3.0 |
| 2. FCF Yield 1.81% = 0.90 |
| 3. FCF Margin 18.14% = 4.53 |
| 4. Debt/Equity 0.66 = 2.29 |
| 5. Debt/Ebitda 6.67 = -2.50 |
| 6. ROIC - WACC -4.62% = -5.78 |
| 7. RoE 0.81% = 0.07 |
| 8. Rev. Trend -23.95% = -1.20 |
| 9. Rev. CAGR 0.36% = 0.04 |
| 10. EPS Trend -7.31% = -0.18 |
| 11. EPS CAGR -23.89% = -2.50 |
What is the price of IRT shares?
Over the past week, the price has changed by -0.56%, over one month by +5.51%, over three months by -3.95% and over the past year by -11.92%.
Is Independence Realty Trust a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of IRT is around 16.36 USD . This means that IRT is currently overvalued and has a potential downside of -7.15%.
Is IRT a buy, sell or hold?
- Strong Buy: 7
- Buy: 3
- Hold: 4
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the IRT price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 21.3 | 21% |
| Analysts Target Price | 21.3 | 21% |
| ValueRay Target Price | 17.8 | 1.2% |
Last update: 2025-08-27 04:40
IRT Fundamental Data Overview
CCE Cash And Equivalents = 19.5m USD (last quarter)
P/E Trailing = 145.6667
P/E Forward = 49.505
P/S = 6.5679
P/B = 1.2087
P/EG = 4.57
Beta = 0.95
Revenue TTM = 644.5m USD
EBIT TTM = 105.7m USD
EBITDA TTM = 337.2m USD
Long Term Debt = 2.25b USD (from longTermDebt, last quarter)
Short Term Debt = unknown (0.0)
Debt = 2.25b USD (Calculated: Short Term 0.0 + Long Term 2.25b)
Net Debt = 2.21b USD (from netDebt column, last quarter)
Enterprise Value = 6.47b USD (4.24b + Debt 2.25b - CCE 19.5m)
Interest Coverage Ratio = 1.39 (Ebit TTM 105.7m / Interest Expense TTM 76.2m)
FCF Yield = 1.81% (FCF TTM 116.9m / Enterprise Value 6.47b)
FCF Margin = 18.14% (FCF TTM 116.9m / Revenue TTM 644.5m)
Net Margin = 4.31% (Net Income TTM 27.8m / Revenue TTM 644.5m)
Gross Margin = 58.85% ((Revenue TTM 644.5m - Cost of Revenue TTM 265.2m) / Revenue TTM)
Tobins Q-Ratio = -12.63 (set to none) (Enterprise Value 6.47b / Book Value Of Equity -512.3m)
Interest Expense / Debt = 0.83% (Interest Expense 18.8m / Debt 2.25b)
Taxrate = 21.0% (US default)
NOPAT = 83.5m (EBIT 105.7m * (1 - 21.00%))
Current Ratio = 1.05 (Total Current Assets 162.4m / Total Current Liabilities 154.1m)
Debt / Equity = 0.66 (Debt 2.25b / last Quarter total Stockholder Equity 3.42b)
Debt / EBITDA = 6.67 (Net Debt 2.21b / EBITDA 337.2m)
Debt / FCF = 19.25 (Debt 2.25b / FCF TTM 116.9m)
Total Stockholder Equity = 3.42b (last 4 quarters mean)
RoA = 0.47% (Net Income 27.8m, Total Assets 5.96b )
RoE = 0.81% (Net Income TTM 27.8m / Total Stockholder Equity 3.42b)
RoCE = 1.86% (Ebit 105.7m / (Equity 3.42b + L.T.Debt 2.25b))
RoIC = 1.46% (NOPAT 83.5m / Invested Capital 5.70b)
WACC = 6.09% (E(4.24b)/V(6.49b) * Re(8.97%)) + (D(2.25b)/V(6.49b) * Rd(0.83%) * (1-Tc(0.21)))
Shares Correlation 5-Years: 90.0 | Cagr: 16.60%
Discount Rate = 8.97% (= CAPM, Blume Beta Adj.)
[DCF Debug] Terminal Value 77.06% ; FCFE base≈115.3m ; Y1≈132.2m ; Y5≈184.6m
Fair Price DCF = 11.50 (DCF Value 2.69b / Shares Outstanding 233.8m; 5y FCF grow 17.21% → 3.0% )
Revenue Correlation: -23.95 | Revenue CAGR: 0.36%
Rev Growth-of-Growth: -1.88
EPS Correlation: -7.31 | EPS CAGR: -23.89%
EPS Growth-of-Growth: 80.10
Additional Sources for IRT Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle