Independence Realty Trust... (IRT)
Independence Realty Trust Statistics
Share Statistics
Independence Realty Trust has 231.12M shares outstanding. The number of shares has increased by 2.68% in one year.
| Shares Outstanding | 231.12M |
| Shares Change (YoY) | 2.68% |
| Shares Change (QoQ) | 2.67% |
| Owned by Institutions (%) | 99.99% |
| Shares Floating | 228.94M |
| Failed to Deliver (FTD) Shares | 1.4K |
| FTD / Avg. Volume | 0.07% |
Short Selling Information
The latest short interest is 18.84M, so 8.15% of the outstanding shares have been sold short.
| Short Interest | 18.84M |
| Short % of Shares Out | 8.15% |
| Short % of Float | 11.68% |
| Short Ratio (days to cover) | 9.03 |
Valuation Ratios
The PE ratio is 113.51 and the forward PE ratio is 63.68. Independence Realty Trust's PEG ratio is -0.34.
| PE Ratio | 113.51 |
| Forward PE | 63.68 |
| PS Ratio | 6.97 |
| Forward PS | 5.8 |
| PB Ratio | 1.3 |
| P/FCF Ratio | 52.66 |
| PEG Ratio | -0.34 |
Enterprise Valuation
Independence Realty Trust has an Enterprise Value (EV) of 6.77B.
| EV / Sales | 10.58 |
| EV / EBITDA | 20.09 |
| EV / EBIT | 26.07 |
| EV / FCF | 79.97 |
Financial Position
The company has a current ratio of 0.16, with a Debt / Equity ratio of 0.68.
| Current Ratio | 0.16 |
| Quick Ratio | 0.16 |
| Debt / Equity | 0.68 |
| Debt / EBITDA | 6.92 |
| Debt / FCF | 27.56 |
| Interest Coverage | 1.7 |
Financial Efficiency
Return on Equity is 1.14% and Return on Invested Capital is 2.19%.
| Return on Equity | 1.14% |
| Return on Assets | 0.65% |
| Return on Invested Capital | 2.19% |
| Revenue Per Employee | $697.97K |
| Profits Per Employee | $42.85K |
| Employee Count | 917 |
| Asset Turnover | 0.11 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 0 |
| Effective Tax Rate | 0% |
Stock Price Statistics
The stock price has increased by 22.97% in the last 52 weeks. The beta is 0.98, so Independence Realty Trust's price volatility has been higher than the market average.
| Beta | 0.98 |
| 52-Week Price Change | 22.97% |
| 50-Day Moving Average | 20.38 |
| 200-Day Moving Average | 20.03 |
| Relative Strength Index (RSI) | 43.65 |
| Average Volume (20 Days) | 2.09M |
Income Statement
In the last 12 months, Independence Realty Trust had revenue of 640.03M and earned 39.29M in profits. Earnings per share was 0.18.
| Revenue | 640.03M |
| Gross Profit | 374.52M |
| Operating Income | 129.43M |
| Net Income | 39.29M |
| EBITDA | 337.03M |
| EBIT | 116.17M |
| Earnings Per Share (EPS) | 0.18 |
Balance Sheet
The company has 21.23M in cash and 2.33B in debt, giving a net cash position of -2.31B.
| Cash & Cash Equivalents | 21.23M |
| Total Debt | 2.33B |
| Net Cash | -2.31B |
| Retained Earnings | -454.1M |
| Total Assets | 6.06B |
| Working Capital | -782.28M |
Cash Flow
In the last 12 months, operating cash flow was 259.75M and capital expenditures -175.06M, giving a free cash flow of 84.69M.
| Operating Cash Flow | 259.75M |
| Capital Expenditures | -175.06M |
| Free Cash Flow | 84.69M |
| FCF Per Share | 0.38 |
Margins
Gross margin is 58.52%, with operating and profit margins of 20.22% and 6.14%.
| Gross Margin | 58.52% |
| Operating Margin | 20.22% |
| Pretax Margin | 6.25% |
| Profit Margin | 6.14% |
| EBITDA Margin | 52.66% |
| EBIT Margin | 20.22% |
| FCF Margin | 13.23% |
Dividends & Yields
IRT pays an annual dividend of $0.8, which amounts to a dividend yield of 3.07%.
| Dividend Per Share | $0.80 |
| Dividend Yield | 3.07% |
| Dividend Growth (YoY) | 0% |
| Payout Ratio | 470.59% |
| Earnings Yield | 0.88% |
| FCF Yield | 1.9% |
Analyst Forecast
The average price target for IRT is $22, which is 15.1% higher than the current price. The consensus rating is "Buy".
| Price Target | $22 |
| Price Target Difference | 15.1% |
| Analyst Consensus | Buy |
| Analyst Count | 9 |
Scores
| Altman Z-Score | 0.95 |
| Piotroski F-Score | 7 |