Finder makes money from featured partners, but editorial opinions are our own. Advertiser Disclosure

How to buy Independence Realty Trust stock

Learn how to easily invest in Independence Realty Trust stock.

Independence Realty Trust Inc is a reit-residential business based in the US. Independence Realty Trust shares (IRT) are listed on the NYSE and all prices are listed in US Dollars. Independence Realty Trust employs 937 staff and has a trailing 12-month revenue of around $441.9 million.

How to buy shares in Independence Realty Trust

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – IRT – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.
Client disclaimer: US Brokerage services through eToro USA Securities Inc, member of FINRA, SIPC. Crypto assets through eToro USA LLC.

Independence Realty Trust stock price (NYSE: IRT)

Use our graph to track the performance of IRT stocks over time.

Independence Realty Trust shares at a glance

Information last updated 2022-10-02.
Latest market close$17.43
52-week range$15.97 - $28.00
50-day moving average $20.10
200-day moving average $22.99
Wall St. target price$26.00
PE ratio 24.9701
Dividend yield $0.5 (3.35%)
Earnings per share (TTM) $0.67

Buy Independence Realty Trust shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
1 - 6 of 6
Name Product Asset types Stock trade fee Minimum deposit Signup bonus
SoFi Invest
Stocks, ETFs, Cryptocurrency
$10 - $100
when you open an account and place a first crypto trade of $50 - $5,000+
A free way to invest in most equities.
Stocks, ETFs, Cryptocurrency
8%-12% of your deposit
when you sign up and deposit at least $50. T&Cs apply.
Trade stocks in the app or online with $0 commissions. Not available in NY, NV, MN, TN, and HI.
Stocks, Options, ETFs, Cryptocurrency
$200 in US stocks
when you open and fund an account with min. $2,000 for 3+ mos.
Trade stocks, options, ETFs and futures on mobile or desktop with this advanced platform.
Stocks, ETFs, Cryptocurrency
Receive a free stock slice worth between $3–$300
when you sign up for an account and deposit at least $20.
Commission-free trading in stocks and ETFs with a social networking twist.
JPMorgan Self-Directed Investing
Stocks, Bonds, Options, Mutual funds, ETFs
$125 - $625
when you open and fund an account with $25,000 - $250,000+
Stocks, Options, ETFs, Cryptocurrency
Get a free stock
when you successfully sign up and link your bank account.
Make unlimited commission-free trades, plus earn 3% interest on uninvested cash in your account with Robinhood Gold.

Compare up to 4 providers

*Signup bonus information updated weekly.

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Independence Realty Trust stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Independence Realty Trust price performance over time

Historical closes compared with the close of $17.43 from 2022-10-03

1 week (2022-09-24) N/A
1 month (2022-09-02) -8.84%
3 months (2022-07-01) N/A
6 months (2022-04-04) -34.89%
1 year (2021-10-05) -15.96%
2 years (2020-10-05) 44.77%
3 years (2019-10-04) 18.89%
5 years (2017-10-05) 66.32%

Is Independence Realty Trust stock undervalued or overvalued?

Valuing Independence Realty Trust stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Independence Realty Trust's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Independence Realty Trust's P/E ratio

Independence Realty Trust's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 25x. In other words, Independence Realty Trust shares trade at around 25x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Independence Realty Trust's PEG ratio

Independence Realty Trust's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 4.57. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Independence Realty Trust's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Independence Realty Trust's EBITDA

Independence Realty Trust's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $236.5 million.

The EBITDA is a measure of a Independence Realty Trust's overall financial performance and is widely used to measure a its profitability.

Independence Realty Trust financials

Revenue TTM $441.9 million
Operating margin TTM 10.19%
Gross profit TTM $147.5 million
Return on assets TTM 0.68%
Return on equity TTM 4.99%
Profit margin 24.33%
Book value $15.96
Market capitalisation $3.8 billion

TTM: trailing 12 months

Independence Realty Trust share dividends


Dividend payout ratio: 64.77% of net profits

Recently Independence Realty Trust has paid out, on average, around 64.77% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.35% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Independence Realty Trust shareholders could enjoy a 3.35% return on their shares, in the form of dividend payments. In Independence Realty Trust's case, that would currently equate to about $0.5 per share.

Independence Realty Trust's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Independence Realty Trust's most recent dividend payout was on 21 October 2022. The latest dividend was paid out to all shareholders who bought their shares by 29 September 2022 (the "ex-dividend date").

Independence Realty Trust share price volatility

Over the last 12 months, Independence Realty Trust's shares have ranged in value from as little as $15.97 up to $27.9968. A popular way to gauge a stock's volatility is its "beta".

IRT.US volatility(beta: 0.93)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Independence Realty Trust's is 0.9281. This would suggest that Independence Realty Trust's shares are less volatile than average (for this exchange).

Independence Realty Trust overview

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. .

Frequently asked questions

What percentage of Independence Realty Trust is owned by insiders or institutions?
Currently 0.638% of Independence Realty Trust shares are held by insiders and 84.144% by institutions.
How many people work for Independence Realty Trust?
Latest data suggests 937 work at Independence Realty Trust.
When does the fiscal year end for Independence Realty Trust?
Independence Realty Trust's fiscal year ends in December.
Where is Independence Realty Trust based?
Independence Realty Trust's address is: 1835 Market Street, Philadelphia, PA, United States, 19103
What is Independence Realty Trust's ISIN number?
Independence Realty Trust's international securities identification number is: US45378A1060
What is Independence Realty Trust's CUSIP number?
Independence Realty Trust's Committee on Uniform Securities Identification Procedures number is: 45378A106

More guides on Finder

Ask an Expert

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site