Independence Realty Trust, Inc. (IRT) stock
Close on Nov 12, 2026Market cap $3.50BP/E 57.1Yield 4.51%
Independence Realty Trust, Inc. grew revenue 3.1% to $671.80M over the twelve months to Sep 30, 2026. At the latest close the market valued the company at $3.50B, 57.1 times its earnings.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026
Valuation
- Market cap
- $3.50B
- P/E ratio
- 57.1
- Price to sales
- 5.21
- Price to book
- 1.04
- Dividend yield
- 4.51%
- Free cash flow yield
- –
Fundamentals
- Revenue
- $671.80M
- Net income
- $61.73M
- EPS, diluted
- $0.26
- Book value per share
- $14.19
- Diluted shares
- 236M
Trading
- Next earnings
- Feb 10, 2027 (estimated, after the close)
- Previous close
- $14.96
- Open
- $15.04
- Day's range
- $14.83 – $15.08
- Volume
- 2,867,103
- Average volume (20 days)
- 3,239,058
- Index membership
- S&P MidCap 400 (since May 2022), Russell 2000, Russell 3000
- Beta (5 years)
- 0.81
- 52-week range
- $14.33 – $17.79
- RSI (14 days)
- 47.5
- Volatility (1 year)
- 21.3%
- Relative volume
- 0.89×
- WACC
- 8.9%
Index membership is inferred from the holdings of funds that track each index (IJH, SPMD, IWM, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.
Market cap history
Month-end market cap since 2013, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 12, 2026. The S&P 500 is measured by the SPY fund.
| Period | IRT | S&P 500 | Difference | IRT per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | +0.1% | -2.7% | +2.8 pts | ||
| 3 months | -10.5% | -1.7% | −8.8 pts | ||
| Year to date | -12.1% | +11.9% | −24.0 pts | ||
| 1 year | -6.4% | +12.0% | −18.3 pts | ||
| 3 years | +28.5% | +78.2% | −49.7 pts | +8.7% | +21.2% |
| 5 years | -29.3% | +73.2% | −102.6 pts | -6.7% | +11.6% |
| 10 years | +173.5% | +309.6% | −136.1 pts | +10.6% | +15.1% |
Fifteen years at a glance
Fiscal years 2011 to 2025 and trailing twelve months, USD
Revenue
Gross profit
Operating income
Net income
EPS, diluted
Free cash flow
Press releases
Releases Independence Realty Trust filed with the SEC as exhibits to Form 8-K or 6-K
- Update
- Results
- Results
- Update
- Update
- Update
About Independence Realty Trust
Real Estate Investment Trusts
Independence Realty Trust is a self-managed real estate investment trust that acquires, owns, improves, and operates multifamily apartment communities. The company provides residential rental housing along with property management, leasing, and maintenance services through a dedicated subsidiary. Its operational structure consists of two reportable business segments: same-store and non same-store properties. IRT serves residential tenants who enter into apartment leases, which typically carry durations of one year or less.
Company profile, executives and historyIndependence Realty Trust stock: common questions
What is Independence Realty Trust's stock price?
IRT closed at $14.84 on Nov 12, 2026, down 0.80% on the day. Over the past 52 weeks it traded between $14.33 and $17.79.
What is Independence Realty Trust's market cap?
Independence Realty Trust was worth $3.50B at the close on Nov 12, 2026: the share price times the diluted shares outstanding.
What is IRT's P/E ratio?
IRT trades at 57.1 times earnings, based on diluted earnings per share of $0.26 over the twelve months to Sep 30, 2026.
How much revenue does Independence Realty Trust make?
Independence Realty Trust reported revenue of $671.80M for the twelve months to Sep 30, 2026, up 3.1% from a year earlier.
Does Independence Realty Trust pay a dividend?
Yes. Independence Realty Trust paid $0.67 per share over the last twelve months, a yield of 4.51% at the latest price, and has raised its annual dividend 4 years in a row.
When does Independence Realty Trust report earnings next?
Independence Realty Trust is expected to report Q4 FY2026 results on Feb 10, 2027, after the close. The date is estimated from its past reporting pattern until the company confirms it.
How has IRT stock performed over the past year?
Including dividends, IRT returned -6.4% over the past year, against +12.0% for the S&P 500.
How many IRT shares are sold short?
20M shares were sold short at the latest FINRA report, 8.71% of the float, or 6.4 days of average trading volume.
Who are Independence Realty Trust's competitors?
Companies most similar to Independence Realty Trust by business, industry and size include FR, BDN, NHI, EPRT, CUZ.
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