Home

Independence Realty Trust, Inc. Common Stock (IRT)

19.00
-1.55 (-7.54%)
NYSE · Last Trade: Apr 5th, 1:26 PM EDT
QuoteNewsPress ReleasesChartHistoricalFAQAboutCompetitors

Detailed Quote

Previous Close20.55
Open20.13
Bid17.19
Ask20.99
Day's Range19.25 - 20.28
52 Week Range15.25 - 22.26
Volume3,371,356
Market Cap4.20B
PE Ratio (TTM)105.56
EPS (TTM)0.2
Dividend & Yield0.6400 (3.37%)
1 Month Average Volume2,124,059

Chart

About Independence Realty Trust, Inc. Common Stock (IRT)

Independence Realty Trust Inc is a real estate investment trust (REIT) that focuses on the ownership, operation, and development of apartment communities across the United States. The company aims to provide quality living experiences for its residents by managing a diverse portfolio of properties that cater to a range of demographics. By leveraging strategic acquisitions and effective property management, Independence Realty Trust seeks to enhance property values and generate sustainable returns for its investors while fostering vibrant communities. Read More

News & Press Releases

Independence Realty Trust Announces First Quarter 2025 Dividend
Independence Realty Trust, Inc. (NYSE: IRT) (“IRT”) announces that its board of directors declared a quarterly dividend of $0.16 per share of IRT common stock, payable on April 21, 2025, to shareholders of record at the close of business on March 28, 2025.
A Glimpse Into The Expert Outlook On Independence Realty Trust Through 6 Analystsbenzinga.com
Via Benzinga · March 10, 2025
Independence Realty Trust Announces Fourth Quarter and Full Year 2024 Financial Results
Independence Realty Trust, Inc. (“IRT” and the “Company”) (NYSE: IRT), a multifamily apartment REIT, announces its fourth quarter and full year 2024 financial results and establishes full year 2025 guidance.
By Independence Realty Trust, Inc. · Via Business Wire · February 12, 2025
Earnings Scheduled For February 12, 2025benzinga.com
Via Benzinga · February 12, 2025
Expert Outlook: Independence Realty Trust Through The Eyes Of 4 Analystsbenzinga.com
Via Benzinga · February 11, 2025
Analyst Expectations For Independence Realty Trust's Futurebenzinga.com
Via Benzinga · November 15, 2024
Analyst Ratings For Independence Realty Trustbenzinga.com
Via Benzinga · September 9, 2024
Independence Realty Trust Announces Tax Treatment of Dividends in 2024
Independence Realty Trust, Inc. (“IRT”) (NYSE: IRT) today announced the tax status of 2024 dividend distributions on its common stock. The final income allocations as they will be reported on Form 1099-DIV are set forth in the following table:
By Independence Realty Trust, Inc. · Via Business Wire · January 24, 2025
Independence Realty Trust Announces Fourth Quarter and Full Year 2024 Earnings Release and Conference Call Dates
Independence Realty Trust, Inc. (NYSE: IRT) (“IRT”) today announced that it expects to release its fourth quarter and full year 2024 financial results after market close on Wednesday, February 12, 2025, and will hold its quarterly results conference call on Thursday, February 13, 2025 at 9:00 a.m. Eastern Time.
By Independence Realty Trust, Inc. · Via Business Wire · January 22, 2025
Independence Realty Trust Announces Expanded Unsecured Credit Facility, Reflecting Increased Financial Flexibility and More Favorable Capital Structure
Independence Realty Trust, Inc. (NYSE: IRT) (“IRT”) announced that on January 8, 2025 its operating partnership, Independence Realty Operating Partnership, LP, entered into an amended and restated unsecured credit facility. The new facility increases the borrowing capacity under IRT’s existing revolver from $500 million to $750 million and extends the maturity date of the revolver from January 2026 to January 2029. As of closing, the amount outstanding under the revolver was $214 million. Proceeds from the expanded revolver will be used for general corporate purposes.
By Independence Realty Trust, Inc. · Via Business Wire · January 9, 2025
Independence Realty Trust Announces Fourth Quarter 2024 Dividend
Independence Realty Trust, Inc. (NYSE: IRT) (“IRT”) announced that today IRT’s board of directors declared a quarterly dividend of $0.16 per share of IRT common stock, payable on January 17, 2025 to stockholders of record at the close of business on December 31, 2024.
By Independence Realty Trust, Inc. · Via Business Wire · December 16, 2024
Independence Realty Trust Scheduled to Participate in Nareit’s REITworld Annual Conference
Independence Realty Trust, Inc. (NYSE: IRT) (“IRT”) today announced that Scott Schaeffer, Chairman and Chief Executive Officer, Jim Sebra, Chief Financial Officer and President, Jason Delozier, Chief Accounting Officer and Janice Richards, SVP of Operations are scheduled to host meetings with investors and analysts at Nareit’s REITworld 2024 Annual Conference in Las Vegas on November 19 and 20.
By Independence Realty Trust, Inc. · Via Business Wire · November 18, 2024
Independence Realty Trust Announces Third Quarter 2024 Financial Results and ‘BBB’ Investment Grade Rating from S&P
Independence Realty Trust, Inc. (“IRT”) (NYSE: IRT), a multifamily apartment REIT, today announced its third quarter 2024 financial results and that it has received a ‘BBB’ issuer credit rating and stable outlook from S&P Global Ratings.
By Independence Realty Trust, Inc. · Via Business Wire · October 30, 2024
Independence Realty Trust Reports Minimal Impact on Communities from Hurricane Milton
Independence Realty Trust, Inc. (NYSE: IRT) (“IRT”) announced today that its communities in Tampa and Orlando, Florida were minimally impacted by Hurricane Milton.
By Independence Realty Trust, Inc. · Via Business Wire · October 14, 2024
Independence Realty Trust Announces Third Quarter 2024 Earnings Release and Conference Call Dates
Independence Realty Trust, Inc. (NYSE: IRT) (“IRT”) today announced that it expects to release its third quarter 2024 financial results after market close on Wednesday, October 30, 2024, and will hold its quarterly results conference call on Thursday, October 31, 2024 at 9:00 a.m. Eastern Time.
By Independence Realty Trust, Inc. · Via Business Wire · October 4, 2024
Independence Realty Trust Reports Minimal Damage to Communities from Hurricane Helene
Independence Realty Trust, Inc. (NYSE: IRT) (“IRT”) announced today the Company’s apartment communities did not incur any significant damage as a result of Hurricane Helene.
By Independence Realty Trust, Inc. · Via Business Wire · September 30, 2024
Independence Realty Trust Announces Third Quarter 2024 Dividend
Independence Realty Trust, Inc. (NYSE: IRT) (“IRT”) announced that today IRT’s board of directors declared a quarterly dividend of $0.16 per share of IRT common stock, payable on October 18, 2024 to stockholders of record at the close of business on September 30, 2024.
By Independence Realty Trust, Inc. · Via Business Wire · September 17, 2024
Independence Realty Trust Announces Closing of Public Offering of 11,500,000 shares of Common Stock, Including Exercise in Full of Underwriters’ Option to Purchase Additional Shares
Independence Realty Trust, Inc. (“IRT”) (NYSE: IRT), a multifamily apartment REIT, today announced the closing of its previously announced underwritten public offering of 11,500,000 shares of common stock at a public offering price of $19.75 per share, including 1,500,000 shares sold pursuant to the exercise in full of the underwriters’ option to purchase additional shares of common stock. In connection with the offering, IRT entered into forward sale agreements with Citigroup.
By Independence Realty Trust, Inc. · Via Business Wire · September 5, 2024
Independence Realty Trust Announces Pricing of Public Offering of 10,000,000 Shares of Common Stock
Independence Realty Trust, Inc. (“IRT”) (NYSE: IRT), a multifamily apartment REIT, today announced the pricing of its public offering of 10,000,000 shares of common stock at a price of $19.75 per share in connection with the forward sale agreement described below. The Company also granted the underwriters a 30-day option to purchase up to 1,500,000 additional shares. The offering is expected to close on or about September 5, 2024, subject to customary closing conditions.
By Independence Realty Trust, Inc. · Via Business Wire · September 3, 2024
Independence Realty Trust Announces Public Offering of 10,000,000 Shares of Common Stock
Independence Realty Trust, Inc. (“IRT”) (NYSE: IRT), a multifamily apartment REIT, today announced that it is commencing an underwritten public offering of 10,000,000 shares of common stock, par value $0.01 per share, in connection with the forward sale agreements described below. IRT expects to grant the underwriters a 30-day option to purchase up to 1,500,000 additional shares of common stock.
By Independence Realty Trust, Inc. · Via Business Wire · September 3, 2024
Independence Realty Trust Promotes Jim Sebra to President
Independence Realty Trust, Inc. (NYSE: IRT) (“IRT”) announced today that Jim Sebra, the Company’s Chief Financial Officer has been appointed to President and Chief Financial Officer. Mr. Sebra will retain his current responsibilities for overseeing the finance, accounting, tax, IT and investor relations functions, and will now also oversee the Company’s operational functions.
By Independence Realty Trust, Inc. · Via Business Wire · September 3, 2024
Independence Realty Trust Announces Private Placement of $150 Million of Unsecured Notes
Independence Realty Trust, Inc. (NYSE: IRT) (“IRT”) announced today that it has agreed to sell $150 million in aggregate principal amount of unsecured notes (the “Notes”), consisting of $75 million aggregate principal amount of unsecured notes due 2031 and $75 million aggregate principal amount of unsecured notes due 2034, to an institutional investor in a private placement at fixed annual interest rates of 5.32% and 5.53%, respectively.
By Independence Realty Trust, Inc. · Via Business Wire · August 20, 2024
Mortgage Applications Rocket By 16.8%, Notch Strongest Weekly Increase In 1.5 Years: 'Homebuyers Took The Opportunity To Refinance'benzinga.com
Mortgage applications surge 16.8%, refinance activity at highest since 2022. Mortgage-linked stocks reach record levels. Top-performing stocks listed.
Via Benzinga · August 14, 2024
IRT Stock Earnings: Independence Realty Trust Meets EPS, Misses Revenue for Q2 2024investorplace.com
IRT stock results show that Independence Realty Trust met analyst estimates for earnings per share but missed on revenue for the second quarter of 2024.
Via InvestorPlace · July 31, 2024
Independence Realty Trust Announces Second Quarter 2024 Financial Results and Increases Midpoint of Full Year 2024 Same Store NOI, EPS, and Core FFO Guidance Ranges
Independence Realty Trust, Inc. (“IRT”) (NYSE: IRT), a multifamily apartment REIT, today announced its second quarter 2024 financial results and raised the midpoint of its full year 2024 same store NOI, EPS, and Core FFO guidance ranges.