Independence Realty Trust, Inc.
IRTReal EstateNASDAQREIT - Residential · Last scanned Sep 8, 2026
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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. Valued at $3.89B, IRT is a mid-cap name in its sector. 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
$3.89B
Beta
0.94
P/E (TTM)
89.39
P/E (Fwd)
100.56
EPS (TTM)
$0.18
EPS (Fwd)
$0.16
ROE
1.3%
ROA
1.3%
Cash
$37.4M
Total Debt
$2.45B
Free CF
$186.1M
52W Change
-10.1%
Annual Financials
Cash vs Debt
Where IRT stands vs its 150-day and 200-day moving averages
As of the September 3, 2026 close, IRT finished 0.93% above its 150-day moving average ($16.17) and 0.37% above its 200-day moving average ($16.26). 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 September 3, 2026 close, IRT's RSI(14) was 33.8, in neutral territory (between 30 and 70). The MACD histogram was negative, so short-term momentum leaned bearish 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. The company generates $186.1M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. 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).
Independence Realty Trust, Inc. carries a heavier debt load relative to its cash position, which introduces financial risk that investors should weigh. The elevated P/E ratio means the stock is priced for significant future growth. If earnings disappoint, the price correction could be sharp. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Independence Realty Trust, Inc.'s trajectory.