About Independence Realty Trust, Inc.
https://www.irtliving.comIndependence 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.
CEO
Scott F. Schaeffer
Compensation Summary
(Year 2024)
ETFs Holding This Stock
Summary
Showing Top 3 of 201
Ratings Snapshot
Rating : C+
Most Recent Analyst Grades
UBS
Buy
Compass Point
Buy
Jefferies
Buy
JMP Securities
Market Outperform
Keybanc
Overweight
Wells Fargo
Overweight
Grade Summary
Showing Top 6 of 8
Price Target
Institutional Ownership
BLACKROCK, INC.
Shares:34.74M
Value:$595.72M
BLACKROCK INC.
Shares:33.04M
Value:$566.58M
VANGUARD GROUP INC
Shares:32.98M
Value:$565.68M
Summary
Showing Top 3 of 463
About Independence Realty Trust, Inc.
https://www.irtliving.comIndependence 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.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $167.14M ▲ | $66.64M ▲ | $6.89M ▼ | 4.12% ▼ | $0.03 ▼ | $89.19M ▲ |
| Q2-2025 | $162.19M ▲ | $65.78M ▼ | $8.05M ▼ | 4.96% ▼ | $0.03 ▼ | $86.74M ▲ |
| Q1-2025 | $161.24M ▼ | $67.02M ▲ | $8.35M ▲ | 5.18% ▲ | $0.04 ▲ | $86.6M ▼ |
| Q4-2024 | $161.31M ▲ | $4.86M ▼ | $-1M ▼ | -0.62% ▼ | $-0 ▼ | $94.88M ▲ |
| Q3-2024 | $160.13M | $60.03M | $12.37M | 7.72% | $0.06 | $86.19M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $23.29M ▲ | $6.09B ▲ | $2.48B ▲ | $3.49B ▲ |
| Q2-2025 | $19.49M ▼ | $5.96B ▼ | $2.41B ▲ | $3.42B ▼ |
| Q1-2025 | $29.05M ▲ | $5.98B ▼ | $2.4B ▼ | $3.46B ▲ |
| Q4-2024 | $21.23M ▲ | $6.06B ▲ | $2.48B ▲ | $3.44B ▲ |
| Q3-2024 | $17.61M | $5.95B | $2.46B | $3.36B |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $7M ▼ | $79.34M ▼ | $-118.63M ▼ | $47.69M ▲ | $8.4M ▲ | $27.62M ▼ |
| Q2-2025 | $8.17M ▼ | $82.25M ▲ | $-44.78M ▼ | $-43.27M ▲ | $-5.81M ▼ | $37.78M ▼ |
| Q1-2025 | $8.53M ▲ | $60.37M ▼ | $10.44M ▲ | $-65.92M ▼ | $4.88M ▲ | $38.91M ▲ |
| Q4-2024 | $-1.1M ▼ | $63.43M ▼ | $-191.55M ▼ | $123.32M ▲ | $-4.79M ▼ | $-19.57M ▼ |
| Q3-2024 | $12.62M | $69.24M | $-67.61M | $-784K | $845K | $59.76M |
Revenue by Products
| Product | Q4-2018 | Q1-2025 | Q2-2025 | Q3-2025 |
|---|---|---|---|---|
 Same Store | $0 ▲ | $150.00M ▲ | $150.00M ▲ | $150.00M ▲ |
 Real Estate Other | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
 Tenant Reimbursement Income | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
CEO
Scott F. Schaeffer
Compensation Summary
(Year 2024)
ETFs Holding This Stock
Summary
Showing Top 3 of 201
Ratings Snapshot
Rating : C+
Most Recent Analyst Grades
UBS
Buy
Compass Point
Buy
Jefferies
Buy
JMP Securities
Market Outperform
Keybanc
Overweight
Wells Fargo
Overweight
Grade Summary
Showing Top 6 of 8
Price Target
Institutional Ownership
BLACKROCK, INC.
Shares:34.74M
Value:$595.72M
BLACKROCK INC.
Shares:33.04M
Value:$566.58M
VANGUARD GROUP INC
Shares:32.98M
Value:$565.68M
Summary
Showing Top 3 of 463