Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
In the latest session, Independence Realty Trust Inc (NYSE: IRT) closed at $18.59 down -1.74% from its previous closing price of $18.92. In other words, the price has decreased by -$1.74 from its previous closing price. On the day, 1.39 million shares were traded. IRT stock price reached its highest trading level at $18.84 during the session, while it also had its lowest trading level at $18.43.
Ratios:
For a deeper understanding of Independence Realty Trust Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 92.21 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.22. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IRT now has a Market Capitalization of 4456525312 and an Enterprise Value of 6677560832. As of this moment, Independence’s Price-to-Earnings (P/E) ratio for their current fiscal year is 140.62, and their Forward P/E ratio for the next fiscal year is 63.50. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.15. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.96 while its Price-to-Book (P/B) ratio in mrq is 1.26. Its current Enterprise Value per Revenue stands at 10.412 whereas that against EBITDA is 19.002.
Stock Price History:
The Beta on a monthly basis for IRT is 0.97, which has changed by 0.08523059 over the last 52 weeks, in comparison to a change of 0.11241627 over the same period for the S&P500. 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 -6.53%, while the 200-Day Moving Average is calculated to be -6.89%.
Shares Statistics:
For the past three months, IRT has traded an average of 2.14M shares per day and 1648960 over the past ten days. A total of 233.76M shares are outstanding, with a floating share count of 231.54M. Insiders hold about 0.96% of the company’s shares, while institutions hold 101.17% stake in the company. Shares short for IRT as of 1745971200 were 19054165 with a Short Ratio of 8.91, compared to 1743379200 on 18836117. Therefore, it implies a Short% of Shares Outstanding of 19054165 and a Short% of Float of 11.62.
Dividends & Splits
According to the company, the forward annual dividend rate for IRT is 0.64, from 0.64 in the trailing year. Against a Trailing Annual Dividend Yield of 0.033826638The stock’s 5-year Average Dividend Yield is 3.31.
