Independence Realty Trust, Inc. IRT | NYSE

Dividends

Company Overview:

Market Cap: $3.52B
Trailing PE: 57.6x
FWD PE *: 65.6x
Payout Ratio (TTM): 194.1%
52-Week Range: $14.33 - $17.79

* Forward PE is based on street estimates.

10 Year IRT Performance Metrics:

Total Return (with DRIP): 161.0% (10.07% CAGR)
Total Return (no DRIP): 135.0% (8.92% CAGR)
Share Price: 67.9% (5.32% CAGR)
Yield on Cost (with DRIP): 12.56%
Total Invested: $10,000
Total Value (with DRIP): $26,099
Total Return $ (with DRIP): $16,099
Dividend Increase: 0.0% (0.00% CAGR)
Dividend Yield (FWD): 4.81% ($0.72)
IRT 10-yr Total Return ($10K invested)
1M 3M 6M YTD 1Y 3Y 5Y 10Y
IRT Share Price
1M 3M 6M YTD 1Y 3Y 5Y 10Y All
IRT Price CAGR:1Y: -9.11%2Y: -15.42%5Y: -9.85%10Y: 5.32%
IRT Dividend Charts
IRT - Dividends
IRT Dividend CAGR:1Y: 0.00%2Y: 6.07%5Y: 12.68%10Y: 0.00%
IRT - Dividend Payout Ratio
IRT Dividend Payout Ratio CAGR:1Y: -70.74%2Y: -23.89%5Y: 9.02%10Y: -7.69%
IRT - Dividend to Free Cash Flow Ratio
IRT Dividend to FCF Ratio CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: 0.00%
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IRT - Chart 1
IRT - Chart 2
IRT - Chart 3

IRT Financials: Earnings, Revenue, Cash Flow, Ebitda, Cash/Debt, Shares Float, etc:

Revenue
IRT Revenue CAGR:1Y: 2.97%2Y: 3.67%5Y: 23.14%10Y: 16.20%
Earnings Per Share (EPS)
IRT EPS CAGR:1Y: 266.67%2Y: 41.81%5Y: 0.00%10Y: 8.20%
Net Income
IRT Net Income CAGR:1Y: 259.49%2Y: 42.61%5Y: 16.93%10Y: 27.20%
EBITDA
IRT EBITDA CAGR:1Y: 11.59%2Y: 14.33%5Y: 15.76%10Y: 20.07%
Free Cash Flow
IRT Free Cash Flow CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: 0.00%
Free Cash Flow / Share
IRT Free Cash Flow / Share CAGR:1Y: 38.05%2Y: -22.62%5Y: 1.00%10Y: -4.47%
Operating Income
IRT Operating Income CAGR:1Y: -6.98%2Y: -46.27%5Y: 15.40%10Y: 10.50%
Gross Profit
IRT Gross Profit CAGR:1Y: 2.62%2Y: 4.19%5Y: 23.10%10Y: 16.88%
Shares Outstanding
IRT Shares Outstanding CAGR:1Y: 0.78%2Y: 2.20%5Y: 17.01%10Y: 17.44%
Share Buybacks
IRT Share Buybacks CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: 0.00%
Stock-Based Comp
IRT Stock-Based Comp CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: 0.00%
Expenses
IRT Expenses CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: 0.00%
Revenue vs Net Income
EPS vs FCF / Share
EPS vs PE Ratio
FCF vs FCF / Share
FCF vs Stock Based Comp
Cash & Debt
Revenue by Segment
IRT Revenue CAGR:1Y: 2.97%2Y: 3.67%5Y: 23.14%10Y: 16.20%

Revenue, EPS, Net Income & Ebitda - Estimates VS Actual:

REVENUE: Actual + Estimates
IRT Actual Revenue CAGR:1Y: 2.97%2Y: 3.67%5Y: 23.14%10Y: 16.20%
EPS: Actual + Estimates
IRT Actual EPS CAGR:1Y: 266.67%2Y: 41.81%5Y: 0.00%10Y: 8.20%
NET INCOME: Actual + Estimates
IRT Actual Net Income CAGR:1Y: 259.49%2Y: 42.61%5Y: 16.93%10Y: 27.20%
EBITDA: Actual + Estimates
IRT Actual EBITDA CAGR:1Y: 11.59%2Y: 14.33%5Y: 15.76%10Y: 20.07%

Ratios, Profit Margins & Return on Capital:

Net Profit Margin
IRT Net Profit Margin CAGR:1Y: 254.61%2Y: 37.57%5Y: -5.04%10Y: 9.47%
Gross Profit Margin
IRT Gross Profit Margin CAGR:1Y: -0.34%2Y: 0.49%5Y: -0.04%10Y: 0.59%
Price to Earnings
IRT Price to Earnings CAGR:1Y: -76.23%2Y: -40.47%5Y: -6.58%10Y: -3.44%
Price To Sales Ratio
IRT Price To Sales Ratio CAGR:1Y: -15.40%2Y: -16.90%5Y: -10.77%10Y: 6.02%
Return on Capital Employed
IRT Return on Capital Employed CAGR:1Y: -19.06%2Y: -50.52%5Y: -9.02%10Y: -5.13%
Return on Invested Capital
IRT Return on Invested Capital CAGR:1Y: -6.44%2Y: 0.00%5Y: -7.58%10Y: -4.56%

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IRT Dividends Info:

Annual Dividend: $0.72
Forward Yield: 4.81%
Ex-Dividend Date: 2026-09-30
Lifetime Dividends / Share: $8.61

Projected Future Returns & Dividends for IRT

Based on past 10-year performance, here are IRT growth metrics:

Share price CAGR of +5.32%
Dividend CAGR of +0%

Using IRT CAGR metrics, we can estimate that your initial $10000 investment, over the next 10 years, should grow as follows:

IRT (DRIP)IRT - No DRIP
Current Price$14.96$14.96
Start Shares668.45668.45
Start Value$10,000$10,000
  
After 10 years:
Final Share Count980.92668.45
Dividends Payment$0.18$0.18
Annual Dividends$706$481
Yield on cost7.06%4.81%
Share Price$25.12$25.12
Total Dividends$5,934$4,813
Final Value$24,639$21,603

Estimated Future Value + Dividends - IRT

NOTE: Above numbers are our estimate based on IRT's Dividend and Price CAGR over past 10 years. These numbers should only be considered as "potential future returns"! DRIP assumes reinvesting dividends; No-DRIP assumes collecting dividends as cash.

We cannot guarantee that your actual returns will meet these estimates.

Company Info

Independence Realty Trust, Inc. (IRT) had its IPO on 2013-08-13, and is traded on NYSE stock exchange.

Independence Realty Trust (IRT), publicly traded as NYSE: IRT, operates as a real estate investment trust specializing in owning and managing multifamily apartment communities. Their portfolio is concentrated in non-gateway U.S. markets such as Atlanta, Louisville, Memphis, and Raleigh. The company's strategy involves establishing a strong presence in select, amenity-rich submarkets, which are identified by features like excellent school systems, quality retail establishments, and significant employment hubs. Ultimately, IRT seeks to deliver appealing risk-adjusted returns to its shareholders. This is accomplished through meticulous portfolio oversight, robust operational execution, and a reliable return on capital, generated via both dividend distributions and asset value appreciation.

IRT website: https://www.irtliving.com


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DCF Model — IRT

Value from:
Pay up to today
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vs current price $14.96
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Cash flow & implied price by year

FCF is negative or missing for this company (common for banks) — the model discounts EPS instead.

EPS is negative or missing for this company — Simple mode uses free cash flow per share instead.

Free cash flow today
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grows for the next years
Then mature
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every future dollar counted back to today
Pile of today-dollars
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÷ shares
Implied price path
YearFCFImplied price
Sensitivity — fair value: growth ↓ × target return →