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Smart Investors Daily
IR

NYSE · IRT

Independence Realty Trust, Inc.

Real Estate · REIT - Residential

$15.17

Down-$0.17 (-1.11%)

Updated Sep 16, 2026, 12:12 PM

SID Score

3.7/10

Composite research score

Smart Money

58/100

Neutral

Market cap
3.92B
P/E ratio
264.44
Dividend yield
4.35%
52-week range
$14.60 – $17.70
Volume
4.89M
Avg. volume
2.88M

Price performance

IRT price history

1M range · 20 trading sessions · Daily adjusted prices

IRT closed at $15.17 after 20 trading sessions, down 7.39% for the selected period.

Last close
$15.17
Period change
-7.39%
Period low
$15.17
Period high
$16.88
Daily close
View OHLC price history
IRT OHLC price history, latest 40 sessions
DateOpenHighLowCloseVolume
Sep 15, 2026$15.33$15.43$15.165$15.174.89M
Sep 14, 2026$15.26$15.38$15.02$15.344.67M
Sep 11, 2026$15.34$15.48$15.165$15.194.14M
Sep 10, 2026$15.32$15.32$15.00$15.236.27M
Sep 9, 2026$15.62$15.77$14.99$15.2313M
Sep 8, 2026$16.22$16.22$15.91$15.912.35M
Sep 4, 2026$16.01$16.28$15.96$16.091.56M
Sep 3, 2026$16.47$16.49$16.13$16.131.71M
Sep 2, 2026$16.36$16.455$16.125$16.321.89M
Sep 1, 2026$16.16$16.30$16.128$16.272.5M
Aug 31, 2026$16.23$16.24$16.08$16.182.88M
Aug 28, 2026$16.47$16.505$16.30$16.312.12M
Aug 27, 2026$16.82$16.82$16.40$16.403.14M
Aug 26, 2026$16.74$16.885$16.61$16.612.52M
Aug 25, 2026$17.05$17.05$16.68$16.691.21M
Aug 24, 2026$16.87$16.96$16.66$16.881.3M
Aug 21, 2026$16.66$16.75$16.46$16.591.16M
Aug 20, 2026$16.50$16.785$16.50$16.631.19M
Aug 19, 2026$16.49$16.675$16.35$16.621.41M
Aug 18, 2026$16.80$16.98$16.38$16.382.4M

Latest IRT news

The latest Smart Investors Daily articles mentioning IRT.

IRT research

Overview

Company profile and research snapshot.

Company profile

Independence Realty Trust Inc is a real estate investment trust (REIT) that acquires, owns, operates, improves and manages multifamily apartment communities across non-gateway U.S. markets. It owns and operates multifamily apartment properties, across non-gateway U.S markets, including Louisville, Memphis, Atlanta, and Raleigh. The company is focused on gaining scale within key amenity-rich submarkets that offer school districts, retail, and various employment centers.

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Analyst outlook

Consensus and target data currently published for this company.

Consensus
Average target
$20.17
Implied upside
Analysts
IRT recent ratings
DateFirmRatingTarget
Sep 15, 2026UBSBuy
Sep 10, 2026CitizensMarket Outperform
Aug 5, 2026RBC CapitalOutperform
Jul 14, 2026BarclaysOverweight
Jun 1, 2026Wells FargoOverweight
Open full forecast

News briefing

Generated Sep 15, 2026, 9:16 PM

Why Is IRT Down Today?

Independence Realty Trust shares declined 1.11% today as investors digest news surrounding the company's Centerspace acquisition. Market skepticism appears centered on whether this deal materially improves IRT's strategic position or financial outlook.

    Bottom line: IRT's modest 1.11% decline reflects market skepticism about the strategic value of the Centerspace acquisition rather than fundamental deterioration. Investors should watch for upcoming quarterly earnings reports and management commentary clarifying accretion timelines and long-term value creation plans to determine if this represents a buying opportunity or signal of diminishing returns on capital deployment.

    Yahoo · Sep 8, 2026

    Independence Realty Trust Declares Third Quarter 2026 Dividend

    PHILADELPHIA, September 08, 2026--Independence Realty Trust, Inc. (NYSE: IRT) ("IRT") announces that its board of directors approved a quarterly dividend of $0.18 per share of IRT common stock. The third quarter 2026 dividend is payable on October 23, 2026, to shareholders of record at the close of business on September 30, 2026.

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