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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 410 staff and has a trailing 12-month revenue of around USD$209.2 million.
|Latest market close||USD$13.24|
|52-week range||USD$6.7182 - USD$16.1692|
|50-day moving average||USD$13.3318|
|200-day moving average||USD$11.9917|
|Wall St. target price||USD$13.66|
|Dividend yield||USD$0.48 (3.53%)|
|Earnings per share (TTM)||USD$0.273|
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.
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.
|1 week (2021-01-07)||0.38%|
|1 month (2020-12-17)||-3.07%|
|3 months (2020-10-16)||12.97%|
|6 months (2020-07-16)||18.74%|
|1 year (2020-01-16)||-9.13%|
|2 years (2019-01-16)||31.61%|
|3 years (2018-01-16)||39.37%|
|5 years (2016-01-15)||89.68%|
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 current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 50x. In other words, Independence Realty Trust shares trade at around 50x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
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 (earnings before interest, taxes, depreciation and amortisation) is USD$104.2 million.
The EBITDA is a measure of a Independence Realty Trust's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$209.2 million|
|Operating margin TTM||21.38%|
|Gross profit TTM||USD$115.9 million|
|Return on assets TTM||1.67%|
|Return on equity TTM||4.21%|
|Market capitalisation||USD$1.3 billion|
TTM: trailing 12 months
There are currently 10.4 million Independence Realty Trust shares held short by investors – that's known as Independence Realty Trust's "short interest". This figure is 10.1% up from 9.4 million last month.
There are a few different ways that this level of interest in shorting Independence Realty Trust shares can be evaluated.
Independence Realty Trust's "short interest ratio" (SIR) is the quantity of Independence Realty Trust shares currently shorted divided by the average quantity of Independence Realty Trust shares traded daily (recently around 603189.98252766). Independence Realty Trust's SIR currently stands at 17.17. In other words for every 100,000 Independence Realty Trust shares traded daily on the market, roughly 17170 shares are currently held short.
However Independence Realty Trust's short interest can also be evaluated against the total number of Independence Realty Trust shares, or, against the total number of tradable Independence Realty Trust shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Independence Realty Trust's short interest could be expressed as 0.11% of the outstanding shares (for every 100,000 Independence Realty Trust shares in existence, roughly 110 shares are currently held short) or 0.1541% of the tradable shares (for every 100,000 tradable Independence Realty Trust shares, roughly 154 shares are currently held short).
A SIR above 10% would generally be considered pretty high, pointing to a potentially pessimistic outlook for the share price and a discouraging interest in betting against Independence Realty Trust.
Find out more about how you can short Independence Realty Trust stock.
Dividend payout ratio: 69.23% of net profits
Recently Independence Realty Trust has paid out, on average, around 69.23% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.53% 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 3.53% return on their shares, in the form of dividend payments. In Independence Realty Trust's case, that would currently equate to about $0.48 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 22 January 2021. The latest dividend was paid out to all shareholders who bought their shares by 29 December 2020 (the "ex-dividend date").
Over the last 12 months, Independence Realty Trust's shares have ranged in value from as little as $6.7182 up to $16.1692. A popular way to gauge a stock's volatility is its "beta".
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 0.9533. This would suggest that Independence Realty Trust's shares are less volatile than average (for this exchange).
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.
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