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Independence Realty Trust, Inc. (IRT) stock

IRTNYSEReal Estate Investment TrustsFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026Score 6/3041% above fair value
$14.72−0.08 (-0.54%)

Close on Oct 30, 2026Market cap $3.47BP/E 81.8Yield 4.55%

Earnings

Independence Realty Trust's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.

Next report
Oct 28, 2026
Q3 FY2026 · estimated, after the close
Revenue, Q2 FY2026
$167.13M
+3.2% on a year earlier
CFFO Per Share, Q2 FY2026
$0.28
$0.28 a year earlier
Latest guidance
Raised
Aug 3, 2026 · 15 items

Quarterly results

Revenue and earnings per share from each of Independence Realty Trust's earnings releases, newest first

QuarterReportedRevenueYoYEPSAdj. EPSSource
Q3 FY2026ended Sep 30, 2026Oct 28, 2026Expected–––––
Q2 FY2026ended Jun 30, 2026Aug 3, 2026after the close$167.13M+3.2%$0.01$0.28Release
Q1 FY2026ended Mar 31, 2026Apr 29, 2026after the close$165.21M+2.7%$0.00$0.26Release
Q4 FY2025ended Dec 31, 2025Feb 11, 2026after the close$166.80M+3.8%$0.14–Release
Q3 FY2025ended Sep 30, 2025Oct 29, 2025after the close––$0.03$0.29Release
Q2 FY2025ended Jun 30, 2025Jul 30, 2025after the close$161.89M+2.4%$0.03$0.28Release
Q1 FY2025ended Mar 31, 2025Apr 30, 2025after the close$160.91M+0.4%$0.04$0.27Release
Q4 FY2024ended Dec 31, 2024Feb 12, 2025after the close$160.62M-3.7%$0.00$0.32Release
Q3 FY2024ended Sep 30, 2024Oct 30, 2024after the close––$0.05$0.29Release
Q2 FY2024ended Jun 30, 2024Jul 31, 2024after the close$158.10M-3.4%$0.05$0.28Release
Q1 FY2024ended Mar 31, 2024Apr 24, 2024after the close$160.33M-0.5%$0.08–Release
Q4 FY2023ended Dec 31, 2023Feb 14, 2024after the close$166.73M+2.6%-$0.18$0.30Release

Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.

Current guidance

Independence Realty Trust's latest outlook for periods it has not reported yet, compared with what it said before

MetricPeriodGuidanceBeforeChangeGiven
Property revenue growthFY2026+1.5% – +1.9%+1% – +2.4%NarrowedAug 3, 2026
NOI growthnon-GAAPFY2026+1% – +2%–NewAug 3, 2026
Earnings per shareGAAPFY2026$0.22 – $0.27$0.21 – $0.28NarrowedAug 3, 2026
CFFO per sharenon-GAAPFY2026$1.13 – $1.15$1.12 – $1.16NarrowedAug 3, 2026
RecurringFY2026$30.00M – $32.00M$29.00M – $33.00MLoweredAug 3, 2026
2026 Same-Store NOI growthnon-GAAPFY2026-0.6% – +2.2%–NewFeb 11, 2026
Acquisition volumeFY2026$145.00M$145.00MRaisedAug 3, 2026
CFFO per sharenon-GAAPFY2026$1.12 – $1.16–NewFeb 11, 2026
Controllable operating expense growthFY2026+3.3% – +3.7%+4.6% – +5.6%RaisedAug 3, 2026
Disposition volumeFY2026$106.00M – $112.00M$106.00M – $112.00MLoweredAug 3, 2026
FFO per sharenon-GAAPFY2026$1.16 – $1.18$1.15 – $1.19NarrowedAug 3, 2026
General and administrative & property management expensesFY2026$55.50M – $56.50M$55.00M – $57.00MLoweredAug 3, 2026
Interest expenseFY2026$96.50M – $97.50M$93.00M – $97.00MRaisedAug 3, 2026
NOI growthFY2026-0.6% – +2.2%–LoweredApr 29, 2026
Property revenue growthFY2026+1% – +2.4%–NewFeb 11, 2026
Real estate tax and insurance expense growthFY2026-1% – -0.2%0% – +1%LoweredAug 3, 2026
Total operating expense growthFY2026+1.6% – +2.4%+2.9% – +3.9%RaisedAug 3, 2026

Guidance history

Every forecast Independence Realty Trust put in an earnings release, newest first

GivenMetricPeriodGuidanceChange
Aug 3, 2026RecurringFY2026$30.00M – $32.00MLowered
Aug 3, 2026Value add renovation programFY2026$43.00M – $45.00MRaised
Aug 3, 2026Non-recurring and revenue enhancingFY2026$33.00M – $35.00MLowered
Aug 3, 2026CFFO per shareFY2026$1.13 – $1.15Narrowed
Aug 3, 2026Earnings per shareFY2026$0.22 – $0.27Narrowed
Aug 3, 2026NOI growthFY2026+1% – +2%New
Aug 3, 2026Controllable operating expense growthFY2026+3.3% – +3.7%Raised
Aug 3, 2026Real estate tax and insurance expense growthFY2026-1% – -0.2%Lowered
Aug 3, 2026Total operating expense growthFY2026+1.6% – +2.4%Raised
Aug 3, 2026General and administrative & property management expensesFY2026$55.50M – $56.50MLowered
Aug 3, 2026Interest expenseFY2026$96.50M – $97.50MRaised
Aug 3, 2026Acquisition volumeFY2026$145.00MRaised
Aug 3, 2026Disposition volumeFY2026$106.00M – $112.00MLowered
Aug 3, 2026FFO per shareFY2026$1.16 – $1.18Narrowed
Aug 3, 2026Property revenue growthFY2026+1.5% – +1.9%Narrowed
Apr 29, 2026RecurringFY2026$29.00M – $33.00MLowered
Apr 29, 2026Value add renovation programFY2026$42.00M – $46.00MRaised
Apr 29, 2026Non-recurring and revenue enhancingFY2026$32.00M – $36.00MLowered
Apr 29, 2026CFFO per shareFY2026$1.12 – $1.16New
Apr 29, 2026Earnings per shareFY2026$0.21 – $0.28Reaffirmed

Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.

Press releases

Releases Independence Realty Trust filed with the SEC as exhibits to Form 8-K or 6-K

  1. Update
  2. Update
  3. Update
  4. Results
  5. Results
  6. Update
  7. Update
  8. Results
  9. Results
  10. Update
  11. Results
  12. Results
  13. Update
  14. Results
  15. Results