IRT:NYE-Independence Realty Trust Inc (USD)

COMMON STOCK | REIT - Residential |

Last Closing

USD 20.85

Change

-0.02 (-0.10)%

Market Cap

USD 4.84B

Volume

1.65M

Analyst Target

USD 11.72
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Independence Realty Trust, Inc. (NYSE: IRT) is a real estate investment trust that owns and operates multifamily communities, across non-gateway U.S. markets including Atlanta, GA, Dallas, TX, Denver, CO, Columbus, OH, Indianapolis, IN, Raleigh-Durham, NC, Oklahoma City, OK, Nashville, TN, Houston, TX, and Tampa, FL. IRT's investment strategy is focused on gaining scale near major employment centers within key amenity rich submarkets that offer good school districts and high-quality retail. 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.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-09-18 )

Largest Industry Peers for REIT - Residential

Symbol Name Price(Change) Market Cap
AVB AvalonBay Communities Inc

-0.38 (-0.16%)

USD 32.77B
INVH Invitation Homes Inc

-0.25 (-0.69%)

USD 22.22B
AMH American Homes 4 Rent

-0.63 (-1.56%)

USD 17.11B
ELS Equity Lifestyle Properties In..

-0.96 (-1.29%)

USD 14.92B
MAA-PI Mid-America Apartment Communit..

+0.72 (+1.31%)

USD 12.29B
AMH-PH American Homes 4 Rent

-0.19 (-0.76%)

USD 8.56B
AMH-PG American Homes 4 Rent Series G..

+0.17 (+0.69%)

USD 8.48B
NXRT Nexpoint Residential Trust Inc

-0.52 (-1.13%)

USD 2.34B
VRE Veris Residential Inc

+0.07 (+0.39%)

USD 1.83B
UMH UMH Properties Inc

+0.03 (+0.15%)

USD 1.49B

ETFs Containing IRT

PRVT 7.33 % 0.00 %

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Market Performance

  Market Performance vs. Industry/Classification (REIT - Residential) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 36.27% 100% F 94% A
Dividend Return 2.09% 35% F 45% F
Total Return 38.37% 100% F 94% A
Trailing 12 Months  
Capital Gain 34.95% 92% A 86% B+
Dividend Return 4.14% 41% F 58% F
Total Return 39.09% 92% A 87% B+
Trailing 5 Years  
Capital Gain 44.39% 95% A 69% C-
Dividend Return 19.81% 70% C- 69% C-
Total Return 64.20% 85% B 73% C
Average Annual (5 Year Horizon)  
Capital Gain 13.68% 100% F 76% C+
Dividend Return 17.02% 100% F 78% C+
Total Return 3.34% 52% F 63% D
Risk Return Profile  
Volatility (Standard Deviation) 42.11% 8% B- 22% F
Risk Adjusted Return 40.43% 76% C+ 58% F
Market Capitalization 4.84B 59% D- 77% C+

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What to not like:
Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector