IRT
Independence Realty Trust Inc (IRT)
Real Estate • NYSE • $16.59-0.24%
- Symbol
- IRT
- Exchange
- NYSE
- Sector
- Real Estate
- Industry
- REIT - Residential
- Price
- $16.59
- Daily Change
- -0.24%
- Market Cap
- $4.12B
- Trailing P/E
- 94.61
- Forward P/E
- 106.44
- 52W High
- $18.18
- 52W Low
- $14.60
- Analyst Target
- $19.50
- Dividend Yield
- +4.05%
- Beta
- 0.95
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.
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