stoxline Quote Chart Rank Option Currency Glossary
  
Independence Realty Trust, Inc. (IRT)
20.3  0.52 (2.63%)    09-10 16:00
Open: 19.91
High: 20.3
Volume: 2,335,237
  
Pre. Close: 19.78
Low: 19.88
Market Cap: 4,773(M)
Technical analysis
2024-09-10 4:49:13 PM
Short term     
Mid term     
Targets 6-month :  24.36 1-year :  28.45
Resists First :  20.86 Second :  24.36
Pivot price 20.14
Supports First :  19.66 Second :  18.92
MAs MA(5) :  19.98 MA(20) :  20.01
MA(100) :  18.16 MA(250) :  16.08
MACD MACD :  0.2 Signal :  0.3
%K %D K(14,3) :  36.4 D(3) :  35.3
RSI RSI(14): 58.4
52-week High :  20.86 Low :  11.6
Price, MAs and Bollinger Bands

Price has closed above its short-term moving average. Short-term moving average is currently above mid-term; and above long-term moving average. From the relationship between price and moving averages: This stock is BULLISH in short-term; and BULLISH in mid-long term.
[ IRT ] has closed below upper band by 39.7%. Bollinger Bands are 3.6% wider than normal. The current width of the bands does not suggest anything about the future direction or movement of prices.

Stock Price Prediction
If tomorrow: Open lower Open higher
High: 20.33 - 20.43 20.43 - 20.52
Low: 19.64 - 19.75 19.75 - 19.86
Close: 20.11 - 20.3 20.3 - 20.47
Company Description

Independence Realty Trust, Inc. (NYSE: IRT) is a real estate investment trust that owns and operates multifamily apartment properties across non-gateway U.S. markets, including Atlanta, Louisville, Memphis, and Raleigh. IRT's investment strategy is focused on gaining scale within key amenity rich submarkets that offer good school districts, high-quality retail and major employment centers. IRT aims to provide stockholders attractive risk-adjusted returns through diligent portfolio management, strong operational performance, and a consistent return on capital through distributions and capital appreciation.

Headline News

Tue, 10 Sep 2024
B&I Capital AG Invests $10.90 Million in Independence Realty Trust, Inc. (NYSE:IRT) - MarketBeat

Mon, 09 Sep 2024
Independence Realty Trust (NYSE:IRT) Price Target Increased to $22.00 by Analysts at JMP Securities - MarketBeat

Mon, 09 Sep 2024
Analyst Ratings For Independence Realty Trust - Benzinga

Fri, 06 Sep 2024
Independence Realty Trust (NYSE:IRT) Price Target Raised to $22.00 at KeyCorp - MarketBeat

Thu, 05 Sep 2024
Independence Realty Trust Announces Closing of Public Offering of 11,500,000 shares of Common Stock, Including Exercise in Full of Underwriters’ Option to Purchase Additional Shares - Business Wire

Thu, 05 Sep 2024
Independence Realty Trust Announces Closing of Public Offering of 11,500,000 shares of Common Stock, Including Exercise in Full of Underwriters’ Option to Purchase Additional Shares - StockTitan

Financial Analysis
Price to Book Value:
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Underperform
Price to Earnings:
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Underperform
Discounted cash flow:
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Neutral
Return on Assets:
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Underperform
Return on Equity:
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Underperform
Debt to Equity:
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Outperform
Stock Basics & Statistics
Exchange:
NYSE
Sector:
Real Estate
Industry:
REIT - Residential
Shares Out 225 (M)
Shares Float 223 (M)
Held by Insiders 0.7 (%)
Held by Institutions 95.3 (%)
Shares Short 12,380 (K)
Shares Short P.Month 9,500 (K)
Stock Financials
EPS -0.06
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 15.11
Profit Margin -1.4 %
Operating Margin 18.6 %
Return on Assets (ttm) 1.3 %
Return on Equity (ttm) -0.3 %
Qtrly Rev. Growth -3.5 %
Gross Profit (p.s.) 0
Sales Per Share 2.88
EBITDA (p.s.) 1.57
Qtrly Earnings Growth -3.5 %
Operating Cash Flow 262 (M)
Levered Free Cash Flow 129 (M)
Stock Valuations
PE Ratio -406
PEG Ratio -4.7
Price to Book value 1.34
Price to Sales 7.02
Price to Cash Flow 17.43
Stock Dividends
Dividend 0
Forward Dividend 0
Dividend Yield 0%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

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