Independence Realty Trust, Inc.

NYSE:IRT Stock Report

Market Cap: US$4.8b

Independence Realty Trust Future Growth

Future criteria checks 3/6

Independence Realty Trust is forecast to grow earnings and revenue by 33.7% and 5.4% per annum respectively. EPS is expected to grow by 26.9% per annum. Return on equity is forecast to be 2.2% in 3 years.

Key information

33.7%

Earnings growth rate

26.9%

EPS growth rate

Residential REITs earnings growth1.3%
Revenue growth rate5.4%
Future return on equity2.2%
Analyst coverage

Good

Last updated14 Feb 2025

Recent future growth updates

Recent updates

Independence Realty Trust: Likely Priced In After Its Year-To-Date Rally

Oct 09

Independence Realty Trust: Robust Operating Performance But Time To Play Offense (Rating Downgrade)

Aug 05

Independence Realty Trust: Poised To Outperform Thanks To Low Leverage And Improving Occupancy

May 02

Independence Realty: Q4 Earnings Show Improved Portfolio Strength

Feb 17

Independence Realty: Steep Discount Overshadows The Yield

Dec 17

Independence Realty Trust: Well-Positioned Due To Midwest Exposure (Rating Upgrade)

Sep 19

Independence Realty Trust: What's Not To Like?

Aug 23

Independence Realty Trust: A Solid Residential REIT Despite Valuation Concerns

Jun 12

Independence Realty Trust FFO of $0.29 in-line, revenue of $162.49M misses by $1.41M, initiates 2023 guidance

Feb 15

Independence Realty Trust: A Modestly Valued Multifamily REIT With Sunbelt Concentration

Jan 10

Independence Realty Trust declares $0.14 dividend

Dec 12

Independence Realty Trust: Skating To Where The Puck Will Be

Sep 28

Independence Realty Trust declares $0.14 dividend

Sep 12

Earnings and Revenue Growth Forecasts

NYSE:IRT - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/2027765N/AN/AN/A1
12/31/202671179N/AN/A7
12/31/202567058N/AN/A7
12/31/202464039N/AN/AN/A
9/30/20246420129255N/A
6/30/2024650-9127262N/A
3/31/2024656-8117259N/A
12/31/2023656-17116262N/A
9/30/202365757121261N/A
6/30/202364769143265N/A
3/31/202363751155256N/A
12/31/2022626117166250N/A
9/30/2022540112103170N/A
6/30/202244310866121N/A
3/31/20223451182472N/A
12/31/202125045952N/A
9/30/2021227294688N/A
6/30/2021221194684N/A
3/31/2021216164884N/A
12/31/2020212153875N/A
9/30/2020209253776N/A
6/30/2020206293073N/A
3/31/2020205432772N/A
12/31/2019203462975N/A
9/30/2019202372571N/A
6/30/2019199372469N/A
3/31/2019195252367N/A
12/31/2018191262869N/A
9/30/201818418N/A67N/A
6/30/201817514N/A62N/A
3/31/201816830N/A58N/A
12/31/201716130N/A54N/A
9/30/2017157-17N/A4N/A
6/30/2017155-16N/A2N/A
3/31/2017154-6N/A-3N/A
12/31/2016153-10N/A-8N/A
9/30/201615535N/A47N/A
6/30/201614257N/A24N/A
3/31/201612728N/A18N/A
12/31/201511028N/A19N/A
9/30/20158624N/A10N/A
6/30/2015740N/A23N/A
3/31/2015630N/A22N/A
12/31/2014493N/A16N/A
9/30/2014393N/A13N/A
6/30/2014303N/A10N/A
3/31/2014234N/A7N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: IRT's forecast earnings growth (33.7% per year) is above the savings rate (2.8%).

Earnings vs Market: IRT's earnings (33.7% per year) are forecast to grow faster than the US market (14.5% per year).

High Growth Earnings: IRT's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: IRT's revenue (5.4% per year) is forecast to grow slower than the US market (8.9% per year).

High Growth Revenue: IRT's revenue (5.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: IRT's Return on Equity is forecast to be low in 3 years time (2.2%).


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/18 02:30
End of Day Share Price 2025/02/18 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Independence Realty Trust, Inc. is covered by 26 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Wesley GolladayBaird
Anthony PowellBarclays
Anthony PowellBarclays