Independence Realty Trust, Inc.
IRTReal EstateNASDAQREIT - Residential
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Daily timeframeIndependence 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. The company carries a $3.62B market cap, placing it firmly in the mid-cap category. 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.
Market Cap
$3.62B
Beta
0.98
P/E (TTM)
83.11
P/E (Fwd)
187.00
EPS (TTM)
$0.18
EPS (Fwd)
$0.08
ROE
1.3%
ROA
1.3%
Cash
$37.4M
Total Debt
$2.45B
Free CF
$186.1M
52W Change
-8.0%
Annual Financials
Cash vs Debt
Where IRT stands vs its 150-day and 200-day moving averages
As of the October 5, 2026 close, IRT finished 8.22% below its 150-day moving average ($15.81) and 8.97% below its 200-day moving average ($15.94). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is IRT overbought or oversold?
At the October 5, 2026 close, IRT's RSI(14) was 29.5, in oversold territory (below 30). The MACD histogram was positive, so short-term momentum leaned bullish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
The company holds $37.4M in cash, though total debt stands at $2.45B. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Annual free cash flow of $186.1M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. ROE of 1.3% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 1.3% is on the lower side, which is common in asset-heavy industries. Revenue has been relatively flat, moving from $628.5M (2022) to $657.7M (2025).
Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. The elevated P/E ratio means the stock is priced for significant future growth. If earnings disappoint, the price correction could be sharp. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Independence Realty Trust, Inc. and its sector.