INDEPENDENCE REALTY INC (IRT)
Real Estate · Multifamily residential REIT · NYSE
A multifamily REIT operating and acquiring apartment communities across the United States for recurring rental revenue and capital appreciation.
What INDEPENDENCE REALTY INC does
Independence Realty Trust is a publicly traded real estate investment trust (REIT) that owns, operates, and acquires multifamily apartment communities across the United States. The company generates revenue primarily through rental payments from residential tenants and manages its properties through a professional operating platform. IRT pursues a growth strategy that includes acquiring additional properties, developing communities through joint ventures, and executing a Value Add Initiative to enhance operational and financial performance of its portfolio.
Themes: ["Multifamily / apartment rental"]
Fundamentals
- Price$16.72 as of 2026-07-09 close
- Market cap$4.0B as of 2026-07-10
- 1-year return-4.7% as of 2026-07-09 close
- P/E83.94 as of 2026-07-10
- Net margin+7.3% as of 2026-07-10
- Gross margin+58.8% as of 2026-07-10
- ROE+1.4% as of 2026-07-10
- Debt / equity0.72 as of 2026-07-10
- Revenue growth (YoY)+3.3% as of 2026-07-10
- Revenue CAGR (3y)+1.5% SEC XBRL
- Beta0.96 as of 2026-07-10
Dividend: yield +4.3%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Market risk and interest rate sensitivity; rising financing costs and refinancing risks may impact debt servicing and fund availability for acquisitions and distributions"]
Competitors & peers
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.