Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
Independence Realty Trust Inc (NYSE: IRT) closed the day trading at $18.25 down -1.24% from the previous closing price of $18.48. In other words, the price has decreased by -$1.24 from its previous closing price. On the day, 1.94 million shares were traded.
Ratios:
For a better understanding of IRT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 90.52 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.74. In the meantime, Its Debt-to-Equity ratio is 0.65 whereas as Long-Term Debt/Eq ratio is at 0.64.
On April 07, 2025, UBS started tracking the stock assigning a Buy rating and target price of $24.
On March 19, 2025, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $24.Wells Fargo initiated its Overweight rating on March 19, 2025, with a $24 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 01 ’25 when Gebert Richard D sold 500 shares for $19.01 per share. The transaction valued at 9,505 led to the insider holds 38,194 shares of the business.
SCHAEFFER SCOTT sold 10,000 shares of IRT for $212,100 on Apr 01 ’25. The Chair Board and CEO now owns 873,365 shares after completing the transaction at $21.21 per share. On Apr 01 ’25, another insider, Gebert Richard D, who serves as the Director of the company, sold 500 shares for $21.28 each. As a result, the insider received 10,640 and left with 38,694 shares of the company.
Valuation Measures:
As of this moment, Independence’s Price-to-Earnings (P/E) ratio for their current fiscal year is 138.05, and their Forward P/E ratio for the next fiscal year is 63.58. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.41. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.83 while its Price-to-Book (P/B) ratio in mrq is 1.23.
Stock Price History:
Over the past 52 weeks, IRT has reached a high of $22.10, while it has fallen to a 52-week low of $15.32. The 50-Day Moving Average of the stock is -7.15%, while the 200-Day Moving Average is calculated to be -8.64%.
Shares Statistics:
A total of 233.76M shares are outstanding, with a floating share count of 231.21M. Insiders hold about 1.10% of the company’s shares, while institutions hold 100.97% stake in the company.
