Independence Realty Trust Inc IRT

$14.51 +0.01 (0.07%)

Valuation

Market cap
3,420,660,000
Revenue TTM
$657,700,000
Net income TTM
$56,560,000
PE ratio
12.61
Forward PE
12.70
Profit margin
8.60%
Debt to equity
0.70

Trading

Volume
5,296,600
Avg volume
3,349,284
Day's range
$14.38 – $14.65
Shares out
235,745,000
Stochastic %K
23%
Beta
0.96
Analysts
Strong Sell
Price target
$19.46

Price

Company profile

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 centers within key amenity rich submarkets that offer good school districts and high-quality retail. IRT's main investment objective is to provide attractive risk-adjuste...

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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 centers within key amenity rich submarkets that offer good school districts and high-quality retail. IRT's main investment objective is to provide attractive risk-adjusted returns to shareholders through diligent portfolio management, strong operational performance, and a consistent return on capital through distributions and capital appreciation. Independence Realty Trust, Inc. was established in 2009 and is incorporated in Maryland.

Industry
REIT - Residential
Sector
Real Estate
Phone
267 270 4800
Website
https://www.irtliving.com
Address
1835 Market Street, Suite 2601, Philadelphia, United States

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