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Independence Realty Trust, Inc.
Independence Realty Trust, Inc. (NYSE: IRT) is a real estate investment trust that owns and operates multifamily communities, across non-gateway U.S. markets including Atlanta, GA, Dallas, TX, Denver, CO, Columbus, OH, Indianapolis, IN, Raleigh-Durham, NC, Oklahoma City, OK, Nashville, TN, Houston, TX, and Tampa, FL. 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 aims to provide stockholders attractive risk-adjusted returns through diligent portfolio management, strong operational performance, and a consistent return on capital through distributions and capital appreciation.
Market Cap
$4.0B
Volume
2.0M
Cash and Equivalents
$19.5M
EBITDA
$356.2M
Tax Rate Collected
N/A
Tax Rate Ratio
N/A
Gross Profit
$381.0M
Profit Margin
59.04%
52 Week High
$22.26
52 Week Low
$16.59
Dividend
3.94%
Price / Book Value
1.18
Price / Earnings
143.22
Price / Tangible Book Value
1.18
Enterprise Value
$6.4B
Enterprise Value / EBITDA
17.87
Operating Income
$124.6M
Return on Equity
0.80%
Return on Assets
1.31
Cash and Short Term Investments
$34.1M
Debt
$2.3B
Equity
$3.6B
Revenue
$645.4M
Unlevered FCF
$162.8M
Sector
Residential REITs
Category
N/A
Hedge Funds that own this stock
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