INDEPENDENCE REALTY TRUST, INC. · REIT (real estate trust)

IRT

Low riskNext report: In 1 days (est.)

View price ↗

The short version

A profitable company with steady sales.

Going well

Raised its dividend (4.5% yield)
Profitable
Brings in more cash than it spends

Money moves

Insiders sold $7K in the last 30 days, all through pre-planned sales
Institutions added 1.9% to their holdings in the quarter ending June 2026 (186 bought, 171 sold)

Facts from SEC filings, not a recommendation.

What the price means

Price as of Oct 26

$14.96+0.1% that day

Company value: $3.5B; Share price times all shares
Price vs profit (P/E): 83.1x; You pay about $83 for each $1 of yearly profit
Price vs sales: 5.3x; Company value is 5.3 times a year of sales
Dividend yield: 4.5%; Yearly dividend as a share of today's price
Cash vs value: 1%; Cash as a share of company value
Debt vs value: 65%; Debt as a share of company value

From IRT's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.

The business over time

Last 12 quarters, from SEC filings

Sales, Jun '26

$167.2M+3.1% vs a year earlier

Sep '23Tap a barJun '26

Last 12 months: $666.8M, up 3.5% from the 12 months before. Over 5 years, sales grew about 25% a year.

What the price assumes

Your guesses, our math

Move the sliders to your own view of IRT. Starting points are the company's recent numbers.

Sales growth+3% a yearRecently: +3.5% a yearProfit margin7%Last 12 months: 6.5%P/E at the end40xToday: 83.1x. Many steady companies trade at 12x to 25xShare count change+2% a yearBelow zero means buybacks; above zero means new shares (dilution)

Sales in 5 years$773M

Profit in 5 years$54M

Price these guesses point to$8.32-44% vs $14.96 todayAbout -11% a year, before dividends

What today's price needs: with a 7% margin and a 40x P/E, sales would have to grow about 16% a year for 5 years just to match today's price.

Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.

Price

Price chart by TradingView.

Business quality

The checklist Warren Buffett-style investors use. Annual numbers for 2025.

1/6Weak

MissReturn on equity 15%+Earns a lot on the money owners have in the business.1.6%
MissDebt under half of equityNot relying on borrowed money.0.66x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.8.6%
MissProfitable every yearSteady profits, not one good year.8 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$282.1M
MissShare count not growingNot diluting owners. Falling means buybacks.+5.2% in 3 years

Revenue: $657.7M; +2.8% vs prior year
5-year growth: +25.4%/yr; revenue, per year
Total debt: $2.3B; 0.66x equity
Free cash flow: $282.1M; 42.9% of revenue

From annual reports filed with the SEC. Not in this company's SEC data, so not scored: gross margin 40%+. A checklist is a starting point for research, not a verdict.

Latest quarter

Quarter ended Jun 30, 2026

Reported Aug 3

Revenue: $167.2M; +3.1% YoY
EPS: $0.01; vs $0.03
Free cash flow: $80.9M
Share count: +0.8%; vs a year ago

Insider rating

Last 90 days

50Mixed

Pre-planned sales of $7K (weaker signal)

50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.

Weekly insider trend

13 weeks agoBoughtSoldThis week

Filing buzz

Last 7 days vs normal

0/ 100

This week: 0
Normal week: 1.6
vs normal: 0.0x

SEC filings of any kind. 50 means a normal week.

Institutional ownership

Steady+1.9%

Institutions added 1.9% to their holdings. 186 bought, 171 sold.

Shares held by institutions233.4M

Sep '24Jun '26

Safety check

From SEC filings

Share count growthYearly rate, last 3 years

+1.6%

Cash runwayAt last year's cash burn

Cash flow positive

Debt to equityLatest balance sheet: debt compared with what owners have

0.7x · $2.4B debt

Shares outstandingLatest reported

236M

Earnings reports

Last 12

Next reportIn 1 days (est.)Estimated from the same quarter last year

Results filedAug 3
Results filedApr 29
Results filedFeb 11
Results filedOct 29, 2025
Results filedJul 30, 2025

Flags and big holders

Offerings 6 months, flags 12 months, holders 90 days

Offering prospectusOct 7 · View filing ↗Offering 5%+ holder update (passive)Aug 13 · View filing ↗Big holder

Insider trades

Open-market buys and sells, last 90 days

Bought$00 insiders

Sold$7K1 insider, 1 pre-planned

Insider	Trade	Shares	Avg price	Value	Owns after	Date
Richard D GebertDirector	Sell	500	$14.47	$7K	41K	Oct 1Filing ↗
-1.2% of their holdings Pre-planned sale (10b5-1) Filed same day

"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.

Latest filings

Straight from SEC EDGAR

Offering prospectusOct 7 · Form 424B3 ↗425Oct 7 · Form 425 ↗EFFECTOct 7 · Form EFFECT ↗S-4/AOct 5 · Form S-4/A ↗

SoldRichard D GebertDirector

500 shares at $14.47 · $7K

-1% of holdings
Now owns 41,069 shares
Pre-planned sale (10b5-1)
Filed same day

Oct 1Form 4 ↗

S-4Sep 24 · Form S-4 ↗Investor disclosureSep 24 · Form 8-K ↗Current reportSep 23 · Form 8-K/A ↗425Sep 23 · Form 425 ↗Major agreementSep 23 · Form 8-K ↗425Sep 23 · Form 425 ↗Major agreementSep 9 · Form 8-K ↗425Sep 9 · Form 425 ↗425Sep 9 · Form 425 ↗425Sep 9 · Form 425 ↗

Source: SEC EDGAR filings. For informational purposes. Not investment advice.

Report a problem with this page