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1 Comment
Independence Realty Trust, Inc is currently in a long term uptrend where the price is trading 26.1% above its 200 day moving average.
From a valuation standpoint, the stock is 29.4% cheaper than other stocks from the Real Estate sector with a price to sales ratio of 7.0.
Independence Realty Trust, Inc's total revenue rose by 5.2% to $54M since the same quarter in the previous year.
Its net income has dropped by 44.2% to $13M since the same quarter in the previous year.
Finally, its free cash flow grew by 205.3% to $4M since the same quarter in the previous year.
Based on the above factors, Independence Realty Trust, Inc gets an overall score of 4/5.
| Sector | Real Estate |
|---|---|
| Exchange | NYSE |
| CurrencyCode | USD |
| ISIN | US45378A1060 |
| Industry | REIT - Residential |
| Market Cap | 4B |
|---|---|
| PE Ratio | 182.89 |
| Target Price | 20.8214 |
| Dividend Yield | 4.0% |
| Beta | 1.02 |
Independence Realty Trust, Inc. a Maryland corporation, is a self-administered and self-managed real estate investment trust (REIT) that acquires, owns, operates, improves and manages multifamily apartment communities across non-gateway U.S. markets. As of December 31, 2025, we owned and operated 114 multifamily apartment properties (including one owned through a consolidated joint venture) that contain an aggregate of 33,462 units in the following Southeastern and Midwestern states: Alabama, Colorado, Florida, Georgia, Indiana, Kentucky, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, and Texas. In addition, as of December 31, 2025, we owned one investment in real estate under development in Denver, Colorado that will, upon completion, contain 296 units. As of December 31, 2025, we also owned interests in four unconsolidated joint ventures, two of which own and operate multifamily apartment properties that contain an aggregate of 653 units and two that are developing multifamily apartment properties that will, upon completion, contain an aggregate of 642 units. Independence Realty Trust, Inc. was incorporated in 2009 in Maryland, USA.
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