NYSE: IRTIndependence Realty Trust Inc Stock
$15.66-0.10 (-0.63%)
Updated Apr 25, 2024
IRT Price
$15.66
Fair Value Price
N/A
Market Cap
$3.52B
52 Week Low
$11.61
52 Week High
$18.77
P/E
-195.75x
P/B
1.03x
P/S
5.2x
PEG
N/A
Dividend Yield
4.09%
Revenue
$660.98M
Earnings
-$17.23M
Gross Margin
58.9%
Operating Margin
11%
Profit Margin
-2.6%
Debt to Equity
0.79
Operating Cash Flow
$262M
Beta
1.04
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A
IRT Overview
Independence Realty Trust Incorporated is real estate investment trust (REIT) that manages multifamily apartment communities. It owns approximately 123 apartment buildings containing 36,831 units in Atlanta, Columbus, Dallas, Denver, Houston, Indianapolis, Louisville, Memphis, Oklahoma City, and Raleigh. The company owns all of its assets and conducts all its operations through Independence Realty Operating Partnership, LP (IROP). Independence Realty Trust was founded in 2009 and is headquartered in Philadelphia, PA.
Zen Score
–
Industry Average (27)
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Due Diligence Checks
IRT is unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
IRT is good value based on its book value relative to its share price (1.03x), compared to the US REIT - Residential industry average (2.28x)
P/B vs Industry Valuation
IRT is unprofitable, so we... subscribe to Premium to read more.
PEG Value Valuation
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IRT News
Valuation
IRT price to earnings (PE)
For valuing profitable companies with steady earnings
Company
-195.75x
Industry
17.21x
Market
40.97x
IRT price to book (PB)
For valuing companies that are loss-making or have lots of physical asset
Company
1.03x
Industry
2.28x
IRT is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation
IRT's financial health
Profit margin
Revenue
$167.0M
Net Income
-$40.5M
Profit Margin
-24.3%
IRT's Earnings (EBIT) of $72.69M... subscribe to Premium to read more.
Interest Coverage Financials
IRT's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials
Assets to liabilities
Assets
$6.3B
Liabilities
$2.7B
Debt to equity
0.79
IRT's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
IRT's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials
Cash flow
Operating
$59.2M
Investing
$140.9M
Financing
-$198.3M
IRT's operating cash flow ($262.17M)... subscribe to Premium to read more.
Debt Coverage Financials
IRT vs Residential REIT Stocks
Independence Realty Trust Stock FAQ
Company
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.