The Technical Analyst
Independence Realty Trust [IRT]
Exchange: NYSE Sector: Real Estate Industry: REIT—Residential
Independence Realty Trust Price, Forecast, Insider, Ratings, Fundamentals & Signals
-0.24% $16.58
America/New_York / 8 mai 2024 @ 16:00
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 3 731.83 mill |
| EPS: | -0.0400 |
| P/E: | -414.50 |
| Earnings Date: | Jul 24, 2024 |
| SharesOutstanding: | 225.08 mill |
| Avg Daily Volume: | 2.14 mill |
| RATING 2024-05-08 |
|---|
| A- |
| Buy |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Neutral | |
| Return On Equity: | Neutral | |
| Return On Asset: | Neutral | |
| DE: | Neutral | |
| P/E: | Strong Buy | |
| Price To Book: | Neutral |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 4/22 | 1/23 | 2/23 | 3/23 | 4/23 | 1/24 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | ||||||
| Debt |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.00x |
| Company: PE -414.50 | sector: PE 30.55 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| -13.89x |
| Company: PE -414.50 | industry: PE 29.84 |
| DISCOUNTED CASH FLOW VALUE |
|---|
|
$10.62 (-35.93%) $-5.96 |
| Date: 2024-05-08 |
| Expected Trading Range (DAY) |
|---|
|
$ 16.19 - 16.97 ( +/- 2.36%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2024-03-01 | Schaeffer Scott | Sell | 10 511 | Common Stock |
| 2024-03-02 | Schaeffer Scott | Sell | 3 254 | Common Stock |
| 2024-03-01 | Sebra James J | Sell | 4 699 | Common Stock |
| 2024-03-02 | Sebra James J | Sell | 1 517 | Common Stock |
| 2024-03-01 | Delozier Jason R | Sell | 1 124 | Common Stock |
| INSIDER POWER |
|---|
| 36.31 |
| Last 99 transactions |
| Buy: 924 997 | Sell: 532 535 |
Forecast:
16:00 - $16.58
Live Trading Signals (every 1 min)
Forecast
1: 16:00 - $16.58
Forecast 2: 16:00 - $16.58
Forecast 3: 16:00 - $16.58
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $16.58 (-0.24% ) |
| Volume | 0.881 mill |
| Avg. Vol. | 2.14 mill |
| % of Avg. Vol | 41.15 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For IRT
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % |
|---|
IRT
Independence Realty Trust, Inc. (NYSE: IRT) is a real estate investment trust that owns and operates multifamily apartment properties across non-gateway U.S. markets, including Atlanta, Louisville, Memphis, and Raleigh. IRT's investment strategy is focused on gaining scale within key amenity rich submarkets that offer good school districts, high-quality retail and major employment centers. IRT aims to provide stockholders attractive risk-adjusted returns through diligent portfolio management, strong operational performance, and a consistent return on capital through distributions and capital appreciation.
Latest Press Releases
2024-04-24 16:05:00 - Press Release
Independence Realty Trust Announces First Quarter 2024 Financial Results
Philadelphia--(business wire)--independence realty trust, inc. (“irt”) (nyse: irt), a multifamily apartment reit, today announced its first quarter 2024 financial results. first quarter highlights net income available to common shares of $17.6 million for the quarter ended march 31, 2024 compared to $8.6 million for the quarter ended march 31, 2023. earnings per diluted share of $0.08 for the quarter ended march 31, 2024 compared to $0.04 for the quarter ended march 31, 2023. same-store portfol.
2024-04-08 17:00:00 - Press Release
Independence Realty Trust Announces First Quarter 2024 Earnings Release And Conference Call Dates
Philadelphia--(business wire)--independence realty trust, inc. (nyse: irt) (“irt”) today announced that it expects to release its first quarter 2024 financial results after market close on wednesday, april 24, 2024, and will hold its quarterly results conference call on thursday, april 25, 2024 at 9:00 a.m. eastern time. the live conference call can be accessed from the investor relations section of the irt website at investors.irtliving.com or by dialing 1.888.440.3307, access code 1963990. a.
2024-03-11 16:30:00 - Press Release
Independence Realty Trust Announces First Quarter 2024 Dividend
Philadelphia--(business wire)--independence realty trust, inc. (nyse: irt) (“irt”) announced that today irt's board of directors declared a quarterly dividend of $0.16 per share of irt common stock, payable on april 19, 2024 to stockholders of record at the close of business on march 29, 2024. about independence realty trust, inc. independence realty trust, inc. (nyse: irt) is a real estate investment trust that owns and operates multifamily communities, across non-gateway u.s. markets includin.
2024-03-04 07:30:00 - Press Release
Independence Realty Trust Receives Investment Grade Credit Rating From Fitch
Philadelphia--(business wire)--independence realty trust, inc. (nyse: irt) (“irt” or the “company”) announced today that the company received an investment grade rating from fitch ratings (“fitch”). fitch has assigned a long-term issuer default rating of ‘bbb' to irt with a stable outlook. in addition, fitch has assigned a rating of ‘bbb' to the company's subsidiary, independence realty operating partnership, lp and its senior unsecured debt, which includes credit facilities and unsecured term.
2024-03-01 08:00:00 - Press Release
Independence Realty Trust To Present At Citi's 2024 Global Property Ceo Conference
Philadelphia--(business wire)--independence realty trust, inc. (nyse: irt) (“irt” or the “company”) announced today that scott schaeffer, chairman and chief executive officer and jim sebra, chief financial officer, will be participating next week in citi's 2024 global property ceo conference held in hollywood, fl. the company published its updated investor presentation in the investor relations section of irt's website. roundtable presentation when: tuesday, march 5, 2024 at 3:35 pm et live web.
Latest News
2024-05-04 09:00:00 - Seeking Alpha
13 Fast-Growing REITs With Strong Balance Sheets
There are two types of REITs: COWs (Cash Only Wanted) that focus on high dividend yield, and FROGs (Fast Rate of Growth) that prioritize maximizing total return. Higher yield usually means lower gain, and vice versa, so investors generally have to choose between the two. This article lists 13 REITS that have grown Funds From Operations at double-digit rates, maintain ample liquidity, and have outperformed the average REIT over the past 3 years.
2024-05-04 07:30:00 - Seeking Alpha
Billionaire Investors Say 'Buy REITs'
Blackstone has been on a REIT buying spree. Its leaders are self-made billionaires, and they talk highly about REITs. This is not surprising given that they are trading at their lowest valuations in over a decade.
2024-05-02 12:05:38 - Seeking Alpha
Independence Realty Trust: Poised To Outperform Thanks To Low Leverage And Improving Occupancy
Independence Realty Trust is one of the few REITs to deliver a positive return so far in 2024. Net debt accounts for just 38% of enterprise value, with the company largely completing its non-core disposal program. Weighted average cost of debt is only 4.2% thanks to hedging, with limited maturities until 2028.
2024-04-28 09:00:00 - Seeking Alpha
Stagflation Is Back
U.S. equity markets rebounded from their worst weekly decline in a year despite a continued uplift in benchmark interest rates, as a solid start to earnings season counteracted disappointing economic data. Ahead of the Fed's policy meeting in the week ahead, markets were confounded - albeit temporarily - by a "jarring" GDP report that showed a return of "stagflationary" trends. Defying the macro headwinds to post its best week since November, the S&P 500 rallied 2.8% on the week - erasing essentially all of its declines in the prior week.
2024-04-20 07:30:00 - Seeking Alpha
My Biggest REIT Wins And Lessons
I have suffered many losses over the years. But fortunately, I have had many more winners than losers. I discuss some of my best REIT investments and lessons that they taught me.
2024-04-08 17:00:00 - Business Wire
Independence Realty Trust Announces First Quarter 2024 Earnings Release and Conference Call Dates
PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (NYSE: IRT) (“IRT”) today announced that it expects to release its first quarter 2024 financial results after market close on Wednesday, April 24, 2024, and will hold its quarterly results conference call on Thursday, April 25, 2024 at 9:00 a.m. Eastern Time. The live conference call can be accessed from the investor relations section of the IRT website at investors.irtliving.com or by dialing 1.888.440.3307, access code 1963990. A.
2024-04-07 09:00:00 - Seeking Alpha
A Crude Problem
U.S. equity markets declined this week while benchmark interest rates jumped to the highest level since November after stronger-than-expected employment data showed robust hiring trends in early 2024. Stagflation has crept back into the economic discussion over the past several weeks amid a resurgence in oil prices alongside economic data showing stubbornly lukewarm inflationary trends. Following two straight weeks of gains which had lifted the benchmark to record-highs, the S&P 500 declined by 0.9% this week. Real estate equities were among the laggards this week.
2024-03-01 08:00:00 - Business Wire
Independence Realty Trust to Present at Citi's 2024 Global Property CEO Conference
PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (NYSE: IRT) (“IRT” or the “Company”) announced today that Scott Schaeffer, Chairman and Chief Executive Officer and Jim Sebra, Chief Financial Officer, will be participating next week in Citi's 2024 Global Property CEO Conference held in Hollywood, FL. The Company published its updated Investor Presentation in the investor relations section of IRT's website. Roundtable Presentation When: Tuesday, March 5, 2024 at 3:35 PM ET Live Web.
2024-02-17 10:00:27 - Seeking Alpha
Independence Realty: Q4 Earnings Show Improved Portfolio Strength
Independence Realty Trust has outperformed competitors and the Vanguard Real Estate ETF in terms of total return which makes it a strong contender. The recent earnings report showed mixed financial performance, with a decrease in net income but increased revenue, NOI, and portfolio occupancy. IRT is implementing a portfolio optimization and debt reduction strategy, selling properties and reducing debt to improve financials.
2024-02-14 18:56:05 - Zacks Investment Research
Independence Realty Trust (IRT) Q4 FFO Meet Estimates
Independence Realty Trust (IRT) came out with quarterly funds from operations (FFO) of $0.30 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.29 per share a year ago.