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Independence Realty Trust, Inc. (IRT)

NYSE - Nasdaq Real-time price. Currency in USD
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16.33+0.26 (+1.62%)
At close: 04:00PM EDT
16.16 -0.17 (-1.04%)
After hours: 07:14PM EDT
Currency in USD

Valuation measures4

Market cap (intra-day) 3.68B
Enterprise value 5.93B
Trailing P/E 32.66
Forward P/E 62.89
PEG ratio (5-yr expected) N/A
Price/sales (ttm)5.55
Price/book (mrq)1.07
Enterprise value/revenue 8.98
Enterprise value/EBITDA 19.85

Trading information

Stock price history

Beta (5Y monthly) 1.06
52-week change 3-5.80%
S&P500 52-week change 322.38%
52-week high 318.77
52-week low 311.61
50-day moving average 315.69
200-day moving average 315.13

Share statistics

Avg vol (3-month) 32.17M
Avg vol (10-day) 32.66M
Shares outstanding 5225.08M
Implied shares outstanding 6231.02M
Float 8222.92M
% held by insiders 10.75%
% held by institutions 191.12%
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 43.92%
Trailing annual dividend rate 30.64
Trailing annual dividend yield 33.98%
5-year average dividend yield 43.81
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)-0.50%
Gross profit (ttm)N/A
EBITDA 355.05M
Net income avi to common (ttm)-8.3M
Diluted EPS (ttm)-0.04
Quarterly earnings growth (yoy)103.20%

Balance sheet

Total cash (mrq)60.12M
Total cash per share (mrq)0.27
Total debt (mrq)2.28B
Total debt/equity (mrq)64.05%
Current ratio (mrq)1.40
Book value per share (mrq)15.24

Cash flow statement

Operating cash flow (ttm)259.32M
Levered free cash flow (ttm)-633.25k