Independence Realty Trust, Inc.II

Independence Realty Trust, Inc.

21.00USDR
+0.06+0.29%
At close at Mar 7, 21:08 GMT
USD
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IRT fundamentals

Key facts

Market capitalization‪4.97 B‬USD
Founded2009
CEOScott F. Schaeffer
About

Independence Realty Trust, Inc. is a real estate investment trust, which acquires, owns, operates, improves, and manages multifamily apartment communities across non-gateway U.S. markets. It operates through the Same-Store and Non Same-Store segments. The Same-Store segment includes properties that were owned and not a development property at the beginning of the previous year, and that have not been sold or identified as held for sale. The Non Same-Store segment refers to the properties that did not meet the definition of a same-store property as of the beginning of the previous year. The company was founded on March 26, 2009 and is headquartered in Philadelphia, PA.

Ownership
‪‪230.91 M‬‬
Free Float shares
‪‪228.67 M‬‬ (99.03%)
Closely held shares
‪‪2.24 M‬‬ (0.97%)
Free Float shares
‪‪228.67 M‬‬ (99.03%)
Closely held shares
‪‪2.24 M‬‬ (0.97%)
Capital structure
Market cap
‪‪4.97 B‬‬
Debt
‪‪2.28 B‬‬
Minority interest
‪‪132.80 M‬‬
Cash & equivalents
‪‪43.45 M‬‬
Enterprise value
‪‪7.34 B‬‬

Valuation

Fundamental metrics to determine fair value of the stock

Summary
‪‪4.97 B‬‬
Price to earning ratio (P/E)
120.21x
Price to sales ratio (P/S)
7.36x
Market Cap
Net income
Revenue
Price to earning ratio (P/E)
120.21x
Price to sales ratio (P/S)
7.36x
Valuation ratios
Q4 '23
Q1 '24
Q2 '24
Q3 '24
Q4 '24
‪0.00‬
‪2.00‬
‪4.00‬
‪6.00‬
‪8.00‬
P/S

Growth and Profitability

Company’s recent performance and margins

Performance
‪−33%‬
‪−22%‬
‪−11%‬
‪0%‬
‪11%‬
Q4 '23
Q1 '24
Q2 '24
Q3 '24
Q4 '24
‪‪−60.00 M‬‬
‪0.00‬
‪‪60.00 M‬‬
‪‪120.00 M‬‬
‪‪180.00 M‬‬
Revenue
Net income
Net margin %
Revenue to profit conversion
Revenue
Op expenses
Op income
Int expenses
Non-op income/expenses
Pretax income
Taxes & Other
Net income
‪‪−60.00 M‬‬
‪0.00‬
‪‪60.00 M‬‬
‪‪120.00 M‬‬
‪‪180.00 M‬‬
Revenue
Op expenses
Op income
Expenses & adjustments
Net income
‪‪−60.00 M‬‬
‪0.00‬
‪‪60.00 M‬‬
‪‪120.00 M‬‬
‪‪180.00 M‬‬

Revenue breakdown

Revenue streams and regions a business earns money from

By source/business
Period: 2024
Rental
Other Property
Other
By country
Period: 2024
United States

Estimates

Revenue and Earnings forecasts and estimates accuracy

Revenue
Q1 '24
Q2 '24
Q3 '24
Q4 '24
Q1 '25
‪0.00‬
‪‪45.00 M‬‬
‪‪90.00 M‬‬
‪‪135.00 M‬‬
‪‪180.00 M‬‬
Actual
Estimate
Earnings
Next:Apr 23, 2025
Q1 '24
Q2 '24
Q3 '24
Q4 '24
Q1 '25
‪0.00‬
‪0.03‬
‪0.05‬
‪0.08‬
‪0.10‬
Actual
Estimate

Dividends

Dividend yield, history and sustainability

Dividend summary
367.39%
Payout ratio (TTM)
Dividend yield TTM
3.05%
Last payment
0.16
Last ex-date
Dec 31, 2024
Dividend history
‪1.5%‬
‪2.2%‬
‪2.9%‬
‪3.6%‬
‪4.3%‬
2020
2021
2022
2023
2024
‪0.00‬
‪0.16‬
‪0.32‬
‪0.48‬
‪0.64‬
Dividends per share (FY)
Dividend yield (FY) %