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Independence Realty Trust, Inc.
Independence Realty Trust, Inc., an S&P 400 MidCap Company, is a real estate investment trust that owns and operates multifamily communities across non-gateway U.S. markets. IRT’s investment strategy is focused on gaining scale near major employment centers within key amenity rich submarkets that offer good school districts and high-quality retail. IRT’s main investment objective is to provide attractive risk-adjusted returns to shareholders through diligent portfolio management, strong operational performance, and a consistent return on capital through distributions and capital appreciation. Independence Realty Trust, Inc. was established in 2009 and is incorporated in Maryland.
Market Cap
$3.4B
Volume
2.8M
Cash and Equivalents
$22.5M
EBITDA
$378.2M
Tax Rate Collected
N/A
Tax Rate Ratio
N/A
Gross Profit
$410.9M
Profit Margin
60.68%
52 Week High
$17.79
52 Week Low
$14.34
Dividend
4.96%
Price / Book Value
1.02
Price / Earnings
80.97
Price / Tangible Book Value
1.02
Enterprise Value
$6.0B
Enterprise Value / EBITDA
15.70
Operating Income
$124.0M
Return on Equity
1.26%
Return on Assets
1.29
Cash and Short Term Investments
$37.4M
Debt
$2.4B
Equity
$3.5B
Revenue
$677.2M
Unlevered FCF
$234.1M
Sector
Residential REITs
Category
N/A