Independence Realty Trust, Inc. (IRT)
$14.09
-0.24 (-1.67%)
Rating:
Recommendation:
Strong Buy
Symbol | IRT |
---|---|
Price | $14.09 |
Beta | 0.993 |
Volume Avg. | 1.78M |
Market Cap | 3.166B |
Shares () | - |
52 Week Range | 14.04-19.68 |
1y Target Est | - |
DCF Unlevered | IRT DCF -> | |
---|---|---|
DCF Levered | IRT LDCF -> | |
ROE | 1.24% | Neutral |
ROA | 0.68% | Neutral |
Operating Margin | - | |
Debt / Equity | 98.43% | Buy |
P/E | 44.03 | Strong Buy |
P/B | 0.89 | Buy |
Latest IRT news
About
Download (Excel)Mr. Scott F. Schaeffer
Real Estate
REIT—Residential
New York Stock Exchange
Independence Realty Trust, Inc. (NYSE: IRT) is a real estate investment trust that owns and operates multifamily apartment properties across non-gateway U.S. markets, including Atlanta, Louisville, Memphis, and Raleigh. IRT's investment strategy is focused on gaining scale within key amenity rich submarkets that offer good school districts, high-quality retail and major employment centers. IRT aims to provide stockholders attractive risk-adjusted returns through diligent portfolio management, strong operational performance, and a consistent return on capital through distributions and capital appreciation.