Independence Realty Trust Inc (IRT) concluded trading on Thursday at a closing price of $17.88, with 4.99 million shares of worth about $89.2 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -10.81% during that period and on June 26, 2025 the price saw a gain of about 2.70%. Currently the company’s common shares owned by public are about 233.76M shares, out of which, 231.37M shares are available for trading.
Stock saw a price change of 0.56% in past 5 days and over the past one month there was a price change of -2.19%. Year-to-date (YTD), IRT shares are showing a performance of -0.86% which decreased to -9.88% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $17.10 but also hit the highest price of $22.10 during that period. The average intraday trading volume for Independence Realty Trust Inc shares is 1.97 million. The stock is currently trading -1.46% below its 20-day simple moving average (SMA20), while that difference is down -4.48% for SMA50 and it goes to -9.72% lower than SMA200.
Independence Realty Trust Inc (NYSE: IRT) currently have 233.76M outstanding shares and institutions hold larger chunk of about 100.85% of that.
The stock has a current market capitalization of $4.29B and its 3Y-monthly beta is at 0.94. PE ratio of stock for trailing 12 months is 135.25, while it has posted earnings per share of $0.13 in the same period. Its PEG reads 6.28 and has Quick Ratio of 0.36 while making debt-to-equity ratio of 0.65. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for IRT, volatility over the week remained 2.08% while standing at 2.03% over the month.
Stock’s fiscal year EPS is expected to rise by 29.12% while it is estimated to increase by 32.83% in next year. EPS is likely to grow at an annualized rate of 21.54% for next 5-years, compared to annual growth of -19.26% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Compass Point on May 13, 2025 offering a Neutral rating for the stock and assigned a target price of $22 to it. Coverage by UBS stated Independence Realty Trust Inc (IRT) stock as a Buy in their note to investors on April 07, 2025, suggesting a price target of $24 for the stock. On March 19, 2025, Wells Fargo Initiated their recommendations, while on March 10, 2025, Jefferies Upgrade their ratings for the stock with a price target of $24. Stock get an Equal weight rating from Barclays on December 17, 2024.
