# Independence Realty Trust Inc. (IRT) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Real Estate / Equity Real Estate Investment Trusts (REITs). Price $16.09, market value $3.9 billion.

## Valuation
- **P/E (trailing): 89.4×** (5-yr avg 65.5×, 3-yr avg 90.6×). Independence Realty Trust Inc. trades at 89.4× trailing earnings, well above its own five-year average of 65.5×: investors are paying up relative to the company's past. The Real Estate median in the September 2026 study was 25.2×. Forward P/E is 100.6×, higher than trailing, so analysts expect earnings to fall.
- **PEG: 2.44**. A PEG of 2.44 means the P/E is high relative to expected earnings growth; the price already assumes a lot.
- **Price / sales: 5.8×**. Each dollar of revenue is priced at 5.8×.
- **Price / book: 1.1×**. The shares trade at 1.1× book value; book value is a meaningful part of the valuation.
- **Earnings yield: 1.1%**. The inverse of the P/E: 1.1% of the price is earned each year.

## Profitability
- **Net margin: 8.6%**. 8.6% of each dollar of sales reaches the bottom line.
- **Return on equity: 1.6%**. 1.6% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on assets: 0.7%**. Each dollar of assets produces 0.7% of profit.

## Growth
- **Revenue growth (1 yr): 2.8%** (3-yr 1.5%/yr, 5-yr 25.4%/yr). Revenue grew 2.8% over the last year, against 25.4% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 41.2%** (3-yr -23.2%/yr, 5-yr 8.4%/yr). Earnings per share rose 41.2%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 0.66**. Debt is 0.66 times equity, moderate leverage.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 4.29%** ($0.69 per share, trailing). Independence Realty Trust Inc. yields 4.29%, an income-level yield.
- **Payout ratio: 273%**. The dividend exceeds earnings (273% payout), which is rarely sustainable outside REITs and one-off years.
- **Consecutive years of increases: 2**. 2 straight years of increases.
- **Dividend growth (5 yr): 4.4%/yr** (1-yr 4.7%). The dividend has grown 4.4% a year over five years.

## Analyst view
- **Analyst consensus: buy** (14 analysts). 14 analysts cover Independence Realty Trust Inc.; the consensus is buy, with an average price target of $19.46 (+21% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -5.6%** (YTD -5.9%, 3-mo -2.1%). The shares are down 5.6% over twelve months including dividends.
- **From 52-week high: -10.5%** (10.2% above the low). Trading 11% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 39**. An RSI of 39 is neutral.
- **Beta (1 yr): 0.18** (volatility 21%). Beta of 0.18 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=IRT · Page: https://foliofundamentals.com/stocks/irt

Not investment advice.