Independence Realty Trust, Inc. (IRT) Stock Price & Analysis

Independence Realty Trust, Inc. (IRT) closed at USD 15.17 on Thursday, October 22, 2026, up 2.36% on the day. The US market is currently closed (pre-market); this is not a live price.

The prior close was USD 14.82; the Oct 22, 2026 session ranged USD 14.83–15.22 on volume of 3,225,174 shares. Market capitalization is $3.67B, with a 52-week range of USD 14.33–17.79 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 10:12 UTC.

Also available as compact Markdown for AI agents: nexqual.com/IRT.md

Key facts (IRT)

Analysts (IRT)

Consensus Buy (mean 2.00 on a 1–5 scale), 13 analysts; mean target USD 18.54 (low 15, high 22).

Rating changes, last 120 days:

DateFirmActionRatingPrice target
2026-10-19Wells FargoTarget loweredOverweight$19 → $18
2026-10-14UBSTarget loweredBuy$18 → $17
2026-10-14BarclaysTarget loweredOverweight$20 → $19
2026-09-15UBSTarget loweredBuy$19 → $18
2026-09-10CitizensReiteratedMarket Outperform$22
2026-08-05RBC CapitalTarget raisedOutperform$18 → $19
2026-07-14BarclaysUpgradeEqual-Weight → Overweight$19 → $20

Total return (dividends reinvested) (IRT)

1Y (from 2025-10-23)5Y (from 2021-10-18)
Total return-2.8%-18.5%
S&P 500 (SPY)+14.9%+80.3%
Per year-2.8%-4.0%
Volatility (annualized)21.8%26.7%
Max drawdown-16.0% (Jul 2026→Sep 2026)-53.1% (Apr 2022→Oct 2023)

IRT analyst estimates and revisions

PeriodEPS estimate90 days agoChangeRevenue estimateAnalysts
Current quarter (ends Sep 2026)$0.05$0.05+0.0%$171.3M1
Next quarter (ends Dec 2026)$0.18$0.07+176.9%$172.3M1
Current fiscal year (ends Dec 2026)$0.16$0.13+19.2%$675.1M5
Next fiscal year (ends Dec 2027)$0.13$0.12+5.5%$696.7M2

Key Statistics (as of October 23, 2026 at 10:12 UTC)

PriceUSD 15.17
Change▲ 2.36% (up)
Previous CloseUSD 14.82
OpenUSD 14.83
Day RangeUSD 14.83 – 15.22
52-Week RangeUSD 14.33 – 17.79
Volume3,225,174 shares
Market Cap$3.67B
ExchangeNYQ

Technical Analysis (IRT)

Nexqual's technical model rates IRT "SELL" based on 2 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 10:12 UTC.

Overall SignalSELL
RSI (14)52.88 (neutral)
vs SMA50Below (USD 15.41)
MACD-0.11 (negative)

Analyst Ratings (IRT)

Wall Street analysts rate IRT "Buy" based on 13 analysts, with a mean price target of USD 18.54 (range USD 15–22), per Nexqual as of October 23, 2026 at 10:12 UTC.

Consensus RatingBuy
Analyst Count13
Mean TargetUSD 18.54
High TargetUSD 22
Low TargetUSD 15
Buy / Hold / Sell10 / 3 / 0

Earnings (IRT)

Next Earnings Date2026-11-02
EPS EstimateUSD 0.05
Revenue Estimate$171.33M

Recent Earnings History

QuarterActual vs Estimate
2026-06-30USD 0.02 vs est 0.06 ▼ miss
2026-03-31USD 0 vs est 0.03 ▼ miss
2025-12-31USD 0.06 vs est 0.08 ▼ miss
2025-09-30USD 0.04 vs est 0.06 ▼ miss

Source: Nexqual, October 23, 2026 at 10:12 UTC.

Financials & Fundamentals (IRT)

Total Revenue$677.16M
Revenue Growth (latest quarter, YoY)+3.00%
Gross Margin+60.68%
Operating Margin+14.75%
Profit Margin+6.42%
ROE+1.26%
Debt / Equity0.7
Current Ratio0.59
Total Cash$37.36M
Total Debt$2.45B

Source: Nexqual, October 23, 2026 at 10:12 UTC.

Financial Health Score (IRT)

Nexqual rates Independence Realty Trust, Inc.'s overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 10:12 UTC.

GrowthMixed — Revenue +2.6% YoY (annual), slow
ProfitabilityStrong — Gross margin 61%, operating 15% (last 12 months)
Balance SheetMixed — $37M cash vs $2.45B debt
Cash FlowSolid — Operating cash flow $282M (FY ended Dec 2025, 10-K)
EfficiencyWeak — ROE 1%, ROA 1.3%

Ownership (IRT)

Insider Ownership+0.68%
Institutional Ownership+103.52%
Shares Outstanding235.74M
Float233.58M
Short % of Float+11.39%

Source: Nexqual, October 23, 2026 at 10:12 UTC.

Leadership (IRT)

Independence Realty Trust, Inc. is led by Scott F. Schaeffer, CEO & Chairman, per Nexqual as of October 23, 2026 at 10:12 UTC.

CEO & ChairmanScott F. Schaeffer
President, CFO, Treasurer & DirectorJames J. Sebra
Senior Vice President of InvestmentsJason Lynch
Executive Vice President of Technology & InnovationJosh Kulick
Senior Vice President of Investor Relations & Capital MarketsStephanie M. Krewson-Kelly

Major Backers & Investors (IRT)

Notable institutional backers of Independence Realty Trust, Inc. include Alliancebernstein L.P., Prudential Financial, Inc., T. Rowe Price, according to Nexqual as of October 23, 2026 at 10:12 UTC.

Active Investors

InvestorStake
Alliancebernstein L.P.3.37%
Prudential Financial, Inc.3.34%
T. Rowe Price2.74%
Nomura Asset Management International Inc2.36%
Morgan Stanley2.34%
Franklin Value Investors Trust-FRANKLIN SMALL CAP VALUE FUND1.62%

Index Funds (Passive)

FundStake
BlackRock15.3%
Vanguard Group13.75%
State Street5.51%
Geode Capital2.96%

Source: Nexqual, October 23, 2026 at 10:12 UTC.

Peers & Related Stocks

SymbolNamePriceChange
MRPMillrose Properties, Inc.USD 23.97▲ 3.81%
JANJanus Living, Inc.USD 28.64▲ 1.02%
UMHUMH Properties, Inc.USD 15.45▲ 2.86%
CPTCamden Property TrustUSD 102.74▲ 2.55%
ELSEquity Lifestyle Properties, InUSD 61.17▲ 3.4%
AMHAmerican Homes 4 RentUSD 31.9▲ 3.1%

Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 10:12 UTC. This page is informational and not investment advice.

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