UK markets close in 3 hours 20 minutes

Independence Realty Trust, Inc. (IRT)

NYSE - NYSE Delayed price. Currency in USD
Add to watchlist
15.96+0.10 (+0.63%)
At close: 04:00PM EDT
16.40 +0.44 (+2.76%)
After hours: 06:40PM EDT
Currency in USD

Valuation measures4

Market cap (intra-day) 3.59B
Enterprise value 5.85B
Trailing P/E 32.66
Forward P/E 38.91
PEG ratio (5-yr expected) N/A
Price/sales (ttm)5.43
Price/book (mrq)1.05
Enterprise value/revenue 8.86
Enterprise value/EBITDA 19.57

Trading information

Stock price history

Beta (5Y monthly) 1.06
52-week change 3-3.16%
S&P500 52-week change 324.19%
52-week high 318.77
52-week low 311.61
50-day moving average 315.66
200-day moving average 315.16

Share statistics

Avg vol (3-month) 32.22M
Avg vol (10-day) 32.66M
Shares outstanding 5225.07M
Implied shares outstanding 6231.02M
Float 8223.04M
% held by insiders 10.75%
% held by institutions 190.83%
Shares short (15 Apr 2024) 47.33M
Short ratio (15 Apr 2024) 43.61
Short % of float (15 Apr 2024) 44.72%
Short % of shares outstanding (15 Apr 2024) 43.26%
Shares short (prior month 15 Mar 2024) 47.13M

Dividends & splits

Forward annual dividend rate 40.64
Forward annual dividend yield 44.01%
Trailing annual dividend rate 30.64
Trailing annual dividend yield 34.04%
5-year average dividend yield 43.85
Payout ratio 4240.00%
Dividend date 319 Apr 2024
Ex-dividend date 427 Mar 2024
Last split factor 2N/A
Last split date 3N/A

Financial highlights

Fiscal year

Fiscal year ends 31 Dec 2023
Most-recent quarter (mrq)31 Mar 2024

Profitability

Profit margin -1.27%
Operating margin (ttm)19.29%

Management effectiveness

Return on assets (ttm)1.41%
Return on equity (ttm)-0.24%

Income statement

Revenue (ttm)655.65M
Revenue per share (ttm)2.92
Quarterly revenue growth (yoy)-0.00%
Gross profit (ttm)N/A
EBITDA 363.35M
Net income avi to common (ttm)-8.3M
Diluted EPS (ttm)-0.04
Quarterly earnings growth (yoy)103.20%

Balance sheet

Total cash (mrq)21.27M
Total cash per share (mrq)0.09
Total debt (mrq)2.28B
Total debt/equity (mrq)63.98%
Current ratio (mrq)1.40
Book value per share (mrq)15.23

Cash flow statement

Operating cash flow (ttm)N/A
Levered free cash flow (ttm)N/A