IRT Company Profile and Key Details

Short-term trend indicators are bullishly aligned (SMA20 1.97%, SMA50 -0.16%, SMA200 -1.52%). The stock’s 14-day RSI is 54.29 (neutral), while the ATR of 0.4 points to higher daily volatility. The stock remains sitting in the mid-range of its 52-week band, trading -22.71% below its high and over 12.18% above its low. Average 10-day trading volume of 3.34 million shares is slightly above the 3-month average of 2.62 million, indicating heightened recent market interest.

Independence Realty Trust, Inc. has 233.82 million shares outstanding. The public float is 231.87 million shares, elevated short interest at 13.19% of float. This equals 21.63 million shares. The short ratio is 7.61 days. Institutional investors hold 103.39% of the float. Insiders own 0.63%. SCHAEFFER SCOTT holds 873.36 thousand shares, Sebra James J has 135.97 thousand shares and Gebert Richard D has 43.07 thousand shares. Over the past six months, insider transactions show net selling. They sold 2.50 thousand shares across 5 transactions.

Independence Realty Trust, Inc. (NYSE:IRT) closed at $16.27 USD, gaining $0.26 (1.62%) from the previous close of $16.01. The stock is currently mid-range between its 52-week high and low $14.60 and $18.18. With a market capitalization of about $3.84 billion, Independence Realty Trust, Inc. is classified as a mid-cap and shows market-like volatility (beta ~0.97). Key stats such as the average daily volume over the past year has been around 2.61 million shares, in line with its 52-week average. Headquartered in Philadelphia, PA, Independence Realty Trust, Inc. operates in the Real Estate sector and the REIT - Residential industry. Led by CEO Scott F. Schaeffer, the company employs approximately 917 people and listed since August 13, 2013. Independence Realty Trust (IRT), publicly traded as NYSE: IRT, operates as a real estate investment trust specializing in owning and managing multifamily apartment communities.

Independence Realty Trust, Inc. generated EPS of $0.24 over the past year. Five-year average earnings growth is 9.08%. Wall Street analysts project EPS growth of 7.4% annually over the next five years. The latest quarter delivered EPS of $0.26. The next quarter is forecast at $0.04. Next year's EPS is expected at $997.14. Analyst sentiment is bullish. Analyst rating data shows there are 6 Strong Buy ratings, 5 Buy ratings, 6 Hold ratings, 0 Sell rating and 0 Strong Sell ratings. Price targets range from $24.00 to $18.00. The high target offers 47.51% upside. The low target suggests 10.63% downside. The mean target is $20.26. This offers 24.52% upside. Independence Realty Trust, Inc. earnings surprise history is a mixed track record. The quarter that ended April 29, 2026, missed forecasts by 766.67%. The prior quarter beat by 271.66%. Over the last six quarters, Apple has recorded several small beats. These include 300.0% in February 12, 2025.

Independence Realty Trust, Inc. last paid a dividend of 0.68 per share, this equals a trailing yield of roughly 3.15%. Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around $4.03. This means the shares are trading above this model’s fair value.

Independence Realty Trust, Inc. trades at a P/E ratio of 80.07, slightly above the S&P 500 average, with a price-to-sales ratio of 5.8 and a price-to-book ratio of 1.16 suggesting the stock is closer to book value. The P/FCF stands at 25.34, also below market averages.

Our AI price prediction model suggests that Independence Realty Trust, Inc. stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term. 2-Week Outlook: Projected decline of -4.98%, with price expected at $15.46 by July 06, 2026, within a range of $15.17 to $15.77 3-Month Outlook: Projected fall of -0.92%, reaching $16.12 by September 18, 2026, with a range of $15.07 to $16.87. 1-Year Outlook: Projected loss of -3.69%, with price at $15.67 by June 22, 2027, within a range of $14.86 to $16.37.

Independence Realty Trust, Inc. (NYSE:IRT) shares are flat -3.83% year-to-date currently trading near 52-week highs band. Short-term momentum has been positive over the last quarter, despite recent volatility. Valuation shows Independence Realty Trust, Inc. trading at a premium to the broader market with a P/E of 80.07. Analyst sentiment is bullish, with the majority of ratings in Overweight territory and a mean price target of $20.39, suggesting 25.32% upside. Our AI forecast model points to short-term weakness (-4.98% over two weeks), a medium-term fall (-0.92% over three months), and a longer-term loss (-3.69% over one year), with expected trading ranges indicating moderate volatility.