Independence Realty Trust Future Growth
Future criteria checks 3/6
Independence Realty Trust is forecast to grow earnings and revenue by 56.8% and 2.4% per annum respectively. EPS is expected to grow by 63.2% per annum. Return on equity is forecast to be 1.8% in 3 years.
Key information
56.8%
Earnings growth rate
63.2%
EPS growth rate
| Residential REITs earnings growth | -4.2% |
| Revenue growth rate | 2.4% |
| Future return on equity | 1.8% |
| Analyst coverage | Good |
| Last updated | 29 Apr 2024 |
Recent future growth updates
Recent updates
Independence Realty Trust: Poised To Outperform Thanks To Low Leverage And Improving Occupancy
May 02Independence Realty: Q4 Earnings Show Improved Portfolio Strength
Feb 17Independence Realty: Steep Discount Overshadows The Yield
Dec 17Independence Realty Trust: Well-Positioned Due To Midwest Exposure (Rating Upgrade)
Sep 19Independence Realty Trust: What's Not To Like?
Aug 23Independence Realty Trust: A Solid Residential REIT Despite Valuation Concerns
Jun 12We Ran A Stock Scan For Earnings Growth And Independence Realty Trust (NYSE:IRT) Passed With Ease
Mar 13
Independence Realty Trust FFO of $0.29 in-line, revenue of $162.49M misses by $1.41M, initiates 2023 guidance
Feb 15Independence Realty Trust: A Modestly Valued Multifamily REIT With Sunbelt Concentration
Jan 10Independence Realty Trust declares $0.14 dividend
Dec 12Should You Be Adding Independence Realty Trust (NYSE:IRT) To Your Watchlist Today?
Nov 23Independence Realty Trust: Skating To Where The Puck Will Be
Sep 28Independence Realty Trust declares $0.14 dividend
Sep 12Independence Realty Trust reports Q2 results
Jul 27If EPS Growth Is Important To You, Independence Realty Trust (NYSE:IRT) Presents An Opportunity
Jul 25Independence Realty Trust: Undervalued Inflation Hedge
Jul 18Doubling Down: Independence Realty Sees Itself In Steadfast Merger
Jun 11Independence Realty Trust: The Fifth-Best REIT Investment Of The Last 5 Years
Apr 22Independence Realty Trust Stock Forecast: What To Expect In 2022
Feb 17Independence Realty Trust: Still Hasn't Earned Shareholders' Trust
Jan 08Independence Realty Trust: After The Merger
Oct 04Independence Realty Has Great Properties But Poor Governance
Aug 06Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 706 | 64 | N/A | N/A | 2 |
| 12/31/2025 | 677 | 65 | 270 | 289 | 7 |
| 12/31/2024 | 653 | 66 | 252 | 271 | 9 |
| 3/31/2024 | 656 | -8 | 117 | 259 | N/A |
| 12/31/2023 | 656 | -17 | 116 | 262 | N/A |
| 9/30/2023 | 655 | 57 | 121 | 261 | N/A |
| 6/30/2023 | 645 | 69 | 143 | 265 | N/A |
| 3/31/2023 | 637 | 51 | 155 | 256 | N/A |
| 12/31/2022 | 626 | 117 | 166 | 250 | N/A |
| 9/30/2022 | 540 | 112 | 103 | 170 | N/A |
| 6/30/2022 | 443 | 108 | 66 | 121 | N/A |
| 3/31/2022 | 345 | 118 | 24 | 72 | N/A |
| 12/31/2021 | 250 | 45 | 9 | 52 | N/A |
| 9/30/2021 | 227 | 29 | 46 | 88 | N/A |
| 6/30/2021 | 221 | 19 | 46 | 84 | N/A |
| 3/31/2021 | 216 | 16 | 48 | 84 | N/A |
| 12/31/2020 | 212 | 15 | 38 | 75 | N/A |
| 9/30/2020 | 209 | 25 | 37 | 76 | N/A |
| 6/30/2020 | 206 | 29 | 30 | 73 | N/A |
| 3/31/2020 | 205 | 43 | 27 | 72 | N/A |
| 12/31/2019 | 203 | 46 | 29 | 75 | N/A |
| 9/30/2019 | 202 | 37 | 25 | 71 | N/A |
| 6/30/2019 | 199 | 37 | 24 | 69 | N/A |
| 3/31/2019 | 195 | 25 | 23 | 67 | N/A |
| 12/31/2018 | 191 | 26 | 28 | 69 | N/A |
| 9/30/2018 | 184 | 18 | 34 | 67 | N/A |
| 6/30/2018 | 175 | 14 | 38 | 62 | N/A |
| 3/31/2018 | 168 | 30 | 41 | 58 | N/A |
| 12/31/2017 | 161 | 30 | N/A | 54 | N/A |
| 9/30/2017 | 157 | -17 | N/A | 4 | N/A |
| 6/30/2017 | 155 | -16 | N/A | 2 | N/A |
| 3/31/2017 | 154 | -6 | N/A | -3 | N/A |
| 12/31/2016 | 153 | -10 | N/A | -8 | N/A |
| 9/30/2016 | 155 | 35 | N/A | 47 | N/A |
| 6/30/2016 | 142 | 57 | N/A | 24 | N/A |
| 3/31/2016 | 127 | 28 | N/A | 18 | N/A |
| 12/31/2015 | 110 | 28 | N/A | 19 | N/A |
| 9/30/2015 | 86 | 24 | N/A | 10 | N/A |
| 6/30/2015 | 74 | 0 | N/A | 23 | N/A |
| 3/31/2015 | 63 | 0 | N/A | 22 | N/A |
| 12/31/2014 | 49 | 3 | N/A | 16 | N/A |
| 9/30/2014 | 39 | 3 | N/A | 13 | N/A |
| 6/30/2014 | 30 | 3 | N/A | 10 | N/A |
| 3/31/2014 | 23 | 4 | N/A | 7 | N/A |
| 12/31/2013 | 20 | 1 | N/A | 6 | N/A |
| 9/30/2013 | 19 | 0 | N/A | 5 | N/A |
| 6/30/2013 | 18 | 0 | N/A | 5 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IRT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.4%).
Earnings vs Market: IRT is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: IRT is expected to become profitable in the next 3 years.
Revenue vs Market: IRT's revenue (2.4% per year) is forecast to grow slower than the US market (8.2% per year).
High Growth Revenue: IRT's revenue (2.4% 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 (1.8%).