Wall Street predicts Independence Realty Trust Inc (IRT) stock to surge by 18.79%

Abby Carey

Independence Realty Trust Inc [IRT] stock prices are down -0.06% to $16.98 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 3.22% over the last week, with a monthly amount glided 2.54%, 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 December 04, 2025, when Colliers Securities downgraded its rating to a Neutral but kept the price target unchanged to $18.50 for it. Previously, Compass Point upgraded its rating to Buy on August 01, 2025, and kept the price target unchanged to $24. On May 13, 2025, downgrade downgraded it’s rating to Neutral but maintained its price target of $22 on the stock. UBS started tracking the stock assigning a Buy rating and suggested a price target of $24 on April 07, 2025. Wells Fargo initiated its recommendation with an Overweight and recommended $24 as its price target on March 19, 2025. Jefferies upgraded its rating to Buy for this stock on March 10, 2025, and upped its price target to $24. In a note dated December 17, 2024, Barclays initiated an Equal Weight rating and provided a target price of $23 on this stock.

The stock price of Independence Realty Trust Inc [IRT] has been fluctuating between $15.06 and $21.86 over the past year. Currently, Wall Street analysts expect the stock to reach $20.17 within the next 12 months. Independence Realty Trust Inc [NYSE: IRT] shares were valued at $16.98 at the most recent close of the market. An investor can expect a potential return of 18.79% based on the average IRT price forecast.

Analyzing the IRT fundamentals

The Independence Realty Trust Inc [NYSE:IRT] reported sales of 651.53M for trailing twelve months, representing a surge of 4.37%. Gross Profit Margin for this corporation currently stands at 0.44% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.0 and Total Capital is 0.02.

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 16.86 points at the first support level, and at 16.74 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.08, and for the 2nd resistance point, it is at 17.17.

Ratios To Look Out For

It’s worth pointing out that Independence Realty Trust Inc [NYSE:IRT]’s Current Ratio is 0.89. In addition, the Quick Ratio stands at 0.89. Considering the valuation of this stock, the price to sales ratio is 6.39, the price to book ratio is 1.16 and price to earnings (TTM) ratio is 177.99.

Transactions by insiders

Recent insider trading involved Gebert Richard D, Director, that happened on Dec 01 ’25 when 500.0 shares were sold. Director, Gebert Richard D completed a deal on Nov 03 ’25 to sell 500.0 shares. Meanwhile, Director Gebert Richard D sold 500.0 shares on Oct 01 ’25.

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