$15.91-0.18 (-1.12%)
Independence Realty Trust, Inc., an S&P 400 MidCap Company, is a real estate investment trust that owns and operates multifamily communities across non-gateway U.S.
Independence Realty Trust, Inc. in the Real Estate sector is trading at $15.91 with a market capitalization of $4.1B. Wall Street consensus targets $19.46 (14 analysts), implying a +22.3% move over the next 12 months. The stock is currently 11% below its 52-week high of $17.94, remaining 2.2% below its 200-day moving average. On fundamentals, Piotroski 7/9 indicates strong financial quality, Altman Z in the distress zone. Risk note: MACD remains below its signal line. The Whystock Score of 60/100 suggests a balanced risk-reward profile.
| Metric (USD) | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|
| Total Revenue | $167.24Mβ | $165.32Mβ | $167.13M | $167.14Mβ | $162.19M |
| Gross Profit | $95.94Mβ | $94.96Mβ | $103.19Mβ | $97.55Mβ | $93.54M |
| Operating Income | $25.39Mβ | $21.82Mβ | $35.53Mβ | $30.91Mβ | $27.76M |
| Net Income | $3.39Mβ | -$68,000β | $33.27Mβ | $6.89Mβ | $8.05M |
Independence Realty Trust, Inc., an S&P 400 MidCap Company, is a real estate investment trust that owns and operates multifamily communities across non-gateway U.S. markets. IRT's investment strategy is focused on gaining scale near major employment ...
Same-store NOI growth accelerated to 1.2%, beating guidance as lease spreads improved.
Independence Realty Trust (NYSE:IRT) said improving apartment market conditions, reduced concessions and a new community Wi-Fi program supported stronger operating results in the second quarter of 2026, prompting the company to raise the midpoint of its full-year same-store net operating income guid
IRT reports sequential improvement in new lease rates, accelerated Wi-FY initiative, and upgraded credit outlook despite elevated interest expenses and development headwinds.
Moby summary of Independence Realty Trust, Inc.'s Q2 2026 earnings call
Independence Realty Trust (IRT) delivered FFO and revenue surprises of +3.70% and -1.14%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?