Independence Realty Trust, Inc. (IRT)
Real Estate · NYQ
Price as at 1 Oct 2026, 04:22 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
Independence Realty Trust, Inc. trades at $14.53, close to the $14.42 our fair value estimate puts on the business. On this measure the market and the model broadly agree, so the interesting question is which of them is wrong.
Our moat model scores it 46 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 82.0 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
IRT dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | $0.530 | 3 |
| 2025 | $0.670 | 4 |
| 2024 | $0.640 | 4 |
| 2023 | $0.620 | 4 |
| 2022 | $0.680 | 5 |
| 2021 | $0.480 | 5 |
| 2020 | $0.540 | 4 |
| 2019 | $0.720 | 4 |
| 2018 | $0.720 | 4 |
| 2017 | $0.720 | 12 |
| 2016 | $0.720 | 12 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
IRT earnings and analyst estimates
Recommendation mix, 14 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About Independence Realty Trust, Inc.
Independence Realty Trust, Inc., an S&P 400 MidCap Company, is a real estate investment trust that owns and operates multifamily communities across non-gateway U.S. markets. IRT's investment strategy is focused on gaining scale near major employment centers within key amenity rich submarkets that offer good school districts and high-quality retail. IRT's main investment objective is to provide attractive risk-adjusted returns to shareholders through diligent portfolio management, strong operational performance, and a consistent return on capital through distributions and capital appreciation. Independence Realty Trust, Inc. was established in 2009 and is incorporated in Maryland.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
IRT passes 2 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
8 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Ken Griffin, CITADEL ADVISORS LLC$44.72M · 0.0% of book
- Ken Fisher, Fisher Asset Management, LLC$22.26M · 0.0% of book
- Israel Englander, MILLENNIUM MANAGEMENT LLC$16.34M · 0.0% of book
- Cliff Asness, AQR CAPITAL MANAGEMENT LLC$12.17M · 0.0% of book
- Arrowstreet Capital, ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$6.24M · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Politician trades in IRT
Trades in IRT disclosed by members of Congress and executive-branch officials, latest first:
- Gilbert Cisneros · HouseBuy · $1,001 - $15,000 · traded 10 Jul 2026 · disclosed 4 Sept 2026
- Gilbert Cisneros · HouseBuy · $1,001 - $15,000 · traded 15 Jan 2026 · disclosed 13 Feb 2026
- Daniel Goldman · HouseSell · $1,001 - $15,000 · traded 12 Jul 2023 · disclosed 13 Aug 2023
A disclosure reports a value band, not an amount, and is due up to 45 days after the trade; some arrive later. Every filer we track, each with their own page, is on the Congress trading tracker.
IRT peers
The largest companies in the same industry (REIT - Residential), then in the same sector.
- AVB AvalonBay Communities, Inc.
- EQR Equity Residential
- UDR UDR, Inc.
- ELS Equity LifeStyle Properties, Inc.
- JAN Janus Living, Inc.
- CAR-UN.TO Canadian Apartment Properties Real Estate Investment Trust
- NXRT NexPoint Residential Trust, Inc.
- CSR Centerspace
Every real estate company we cover is on the Real Estate hub.
Common questions
Is Independence Realty Trust, Inc. (IRT) undervalued?
Against our fair value estimate of $14.42, IRT at $14.53 is 1% above fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own IRT?
8 of the institutions we track reported a position in IRT in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is IRT's P/E ratio?
IRT trades at 82.0 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does Independence Realty Trust, Inc. (IRT) pay a dividend?
Yes. Independence Realty Trust, Inc. yields 4.22% at the current share price. It has paid $0.700 per share over the trailing twelve months. It has paid a dividend in each of the last 13 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
Where does SteadyShares get its IRT data?
Fundamentals for IRT come from company filings and exchange data, as listed on NYQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 1 Oct 2026, 04:22 UTC and is delayed. Our data quality score for this company is 96/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for IRT, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.