Independence Realty Trust Inc [IRT] stock prices are up 1.34% to $18.11 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The IRT shares have gain 2.43% over the last week, with a monthly amount glided 7.99%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Independence Realty Trust Inc [NYSE: IRT] stock has seen the most recent analyst activity on August 01, 2025, when Compass Point upgraded its rating to a Buy but kept the price target unchanged to $24 for it. Previously, Compass Point downgraded its rating to Neutral on May 13, 2025, and kept the price target unchanged to $22. On April 07, 2025, UBS initiated with a Buy rating and assigned a price target of $24 on the stock. Wells Fargo started tracking the stock assigning a Overweight rating and suggested a price target of $24 on March 19, 2025. Jefferies upgraded its rating to a Buy and raised its price target to $24 on March 10, 2025. Barclays started tracking with a Equal Weight rating for this stock on December 17, 2024, and assigned it a price target of $23. In a note dated November 15, 2024, BMO Capital Markets upgraded a Market Perform rating on this stock and boosted its target price from $19 to $21.
The stock price of Independence Realty Trust Inc [IRT] has been fluctuating between $16.59 and $22.10 over the past year. Currently, Wall Street analysts expect the stock to reach $19.33 within the next 12 months. Independence Realty Trust Inc [NYSE: IRT] shares were valued at $18.11 at the most recent close of the market. An investor can expect a potential return of 6.74% based on the average IRT price forecast.
Analyzing the IRT fundamentals
The Independence Realty Trust Inc [NYSE:IRT] reported sales of 644.53M for trailing twelve months, representing a surge of 2.39%. Gross Profit Margin for this corporation currently stands at 0.59% with Operating Profit Margin at 0.3%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.01 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.66.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 17.92 points at the first support level, and at 17.73 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.21, and for the 2nd resistance point, it is at 18.31.
Ratios To Look Out For
It’s worth pointing out that Independence Realty Trust Inc [NYSE:IRT]’s Current Ratio is 0.99. In addition, the Quick Ratio stands at 0.99 and the Cash Ratio stands at 0.28. Considering the valuation of this stock, the price to sales ratio is 6.74, the price to book ratio is 1.24 and price to earnings (TTM) ratio is 150.04.
Transactions by insiders
Recent insider trading involved Gebert Richard D, Director, that happened on Aug 01 ’25 when 500.0 shares were sold. Director, Gebert Richard D completed a deal on Jul 01 ’25 to sell 500.0 shares. Meanwhile, Director Gebert Richard D sold 500.0 shares on Jun 02 ’25.
