Independence Realty Trust, Inc.
Real Estate / REIT - Residential
Independence Realty Trust, Inc., an S&P 400 MidCap Company, is a real estate investment trust that owns and operates multifamily communities across non-gateway U.S. markets. 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's main investment objective is to provide attractive risk-adjusted returns to shareholders through diligent portfolio management, strong operational performance, and a consistent return on capital through distributions and capital appreciation. Independence Realty Trust, Inc. was established in 2009 and is incorporated in Maryland.
Performance
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IRT
Metrics
Market Cap3.7B
Latest Price$15.16
Previous Close$14.94
Volume533K
52 Week High$17.79
52 Week Low$14.60
52 Week Change-12.43%
Average Volume3.1M
Revenue677M
EPS0.18
P/E Ratio84.222
Forward P/E189.5
Price/Book1.062
Profit Margin0.06%
Operating Margin0.15%
Return on Equity0.01%
Dividend Yield4.82%