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Independence Realty Trust, Inc. (IRT)

NYSE - NYSE Delayed price. Currency in USD
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15.76+0.09 (+0.57%)
At close: 04:00PM EDT
16.40 +0.64 (+4.06%)
After hours: 04:04PM EDT
Currency in USD

Valuation measures4

Market cap (intra-day) 3.55B
Enterprise value 6.07B
Trailing P/E 32.66
Forward P/E 38.46
PEG ratio (5-yr expected) N/A
Price/sales (ttm)5.35
Price/book (mrq)1.03
Enterprise value/revenue 9.19
Enterprise value/EBITDA 20.87

Trading information

Stock price history

Beta (5Y monthly) 1.06
52-week change 3-4.31%
S&P500 52-week change 322.64%
52-week high 318.77
52-week low 311.61
50-day moving average 315.60
200-day moving average 315.19

Share statistics

Avg vol (3-month) 32.24M
Avg vol (10-day) 32.68M
Shares outstanding 5225.08M
Implied shares outstanding 6231.03M
Float 8222.74M
% held by insiders 10.75%
% held by institutions 190.90%
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 44.06%
Trailing annual dividend rate 30.62
Trailing annual dividend yield 33.96%
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 Dec 2023

Profitability

Profit margin -2.62%
Operating margin (ttm)24.96%

Management effectiveness

Return on assets (ttm)1.40%
Return on equity (ttm)-0.49%

Income statement

Revenue (ttm)656.49M
Revenue per share (ttm)2.92
Quarterly revenue growth (yoy)1.60%
Gross profit (ttm)N/A
EBITDA 362.32M
Net income avi to common (ttm)-17.23M
Diluted EPS (ttm)-0.08
Quarterly earnings growth (yoy)N/A

Balance sheet

Total cash (mrq)52.79M
Total cash per share (mrq)0.23
Total debt (mrq)2.55B
Total debt/equity (mrq)71.54%
Current ratio (mrq)1.71
Book value per share (mrq)15.29

Cash flow statement

Operating cash flow (ttm)262.17M
Levered free cash flow (ttm)-139.33M