# Independence Realty (IRT) — Overview

IRT · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/irt

## Price

Last close $14.70 on Oct 15, 2026. 52-week range $14.44 – $17.77.

## Company profile

Independence Realty Trust Inc is a real estate investment trust (REIT) that acquires, owns, operates, improves and manages multifamily apartment communities across non-gateway U.S. markets. It owns and operates multifamily apartment properties, across non-gateway U.S markets, including Atlanta, Columbus, Dallas, Denver, Houston, Indianapolis, Nashville, Oklahoma City, Raleigh-Durham, and Tampa. The company is focused on gaining scale within key amenity-rich submarkets that offer school districts, retail, and various employment centers.

## Financials

| Metric | Value |
| --- | --- |
| Revenue (trailing twelve months) | $666.8M |
| Revenue (quarter) | $167.2M |
| Revenue growth (year over year) | 3.12% |
| Gross profit (trailing twelve months) | $0.00 |
| Gross margin | 0.00% |
| Net income (trailing twelve months) | $44.3M |
| Net income (quarter) | $3.4M |
| Net income growth (year over year) | -58.17% |
| Net margin | 6.64% |
| Return on equity | 1.28% |
| EPS (trailing twelve months) | $0.18 |
| Book value per share | $14.25 |
| P/E (trailing twelve months) | 79.7 |
| Price to book | 1.0 |
| Debt to assets | 42.76% |
| Payout ratio | 277.80% |
| Dividend yield | 4.77% |

## Frequently Asked Questions

### Is Independence Realty (IRT) profitable?

Yes. Independence Realty earned $44.3M in net income over the trailing twelve months, a net margin of 6.64%.

### How much revenue does Independence Realty (IRT) make?

Independence Realty generated $666.8M in revenue over the trailing twelve months, up 3.12% year over year.

### What is IRT's P/E ratio?

Independence Realty trades at 79.7 times trailing twelve-month earnings, on an EPS of $0.18.

### How do I buy stock in Independence Realty (IRT)?

IRT trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

## Similar Stocks

- [CPT](https://www.lighthorse.io/tickers/cpt) — Camden Property Trust Common Stock
- [MAA](https://www.lighthorse.io/tickers/maa) — Mid-America Apartment Communities, Inc. Common Stock
- [UDR](https://www.lighthorse.io/tickers/udr) — UDR, Inc. Common Stock
- [ESS](https://www.lighthorse.io/tickers/ess) — Essex Property Trust, Inc. Common Stock
- [NXRT](https://www.lighthorse.io/tickers/nxrt) — NexPoint Residential Trust, Inc. Common Stock
- [INVH](https://www.lighthorse.io/tickers/invh) — Invitation Homes Inc. Common Stock
- [AMH](https://www.lighthorse.io/tickers/amh) — American Homes 4 Rent Common Shares of Beneficial Interest
- [UMH](https://www.lighthorse.io/tickers/umh) — UMH Properties, Inc. Common Stock
- [STAG](https://www.lighthorse.io/tickers/stag) — Stag Industrial, Inc. Common Stock
- [CUZ](https://www.lighthorse.io/tickers/cuz) — Cousins Properties Incorporated Common Stock

---

Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).