Independence Realty Trust... (IRT)
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21.40
-0.21%
After-hours Dec 13, 2024, 07:00 PM EST

Independence Realty Trust Statistics

Share Statistics

Independence Realty Trust has 225.10M shares outstanding. The number of shares has increased by 4.63% in one year.

Shares Outstanding 225.10M
Shares Change (YoY) n/a
Shares Change (QoQ) 4.46%
Owned by Institutions (%) n/a
Shares Floating 223.44M
Failed to Deliver (FTD) Shares 273
FTD / Avg. Volume 0.01%

Short Selling Information

The latest short interest is 27.12M, so 12.05% of the outstanding shares have been sold short.

Short Interest 27.12M
Short % of Shares Out 12.05%
Short % of Float 12.14%
Short Ratio (days to cover) 12.23

Valuation Ratios

The PE ratio is -199.31 and the forward PE ratio is 76.33.

PE Ratio -199.31
Forward PE 76.33
PS Ratio 5.19
Forward PS 7.3
PB Ratio 1
P/FCF Ratio 29.72
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

Independence Realty Trust Inc. has an Enterprise Value (EV) of 5.81B.

EV / Earnings -337.39
EV / Sales 8.79
EV / EBITDA 19.97
EV / EBIT 39.32
EV / FCF 50.31

Financial Position

The company has a current ratio of 0.35, with a Debt / Equity ratio of 0.52.

Current Ratio 0.35
Quick Ratio 0.35
Debt / Equity 0.52
Total Debt / Capitalization 34.12
Cash Flow / Debt 0.15
Interest Coverage 1.64

Financial Efficiency

Return on equity (ROE) is -0.01% and return on capital (ROIC) is 2.47%.

Return on Equity (ROE) -0.01%
Return on Assets (ROA) 0%
Return on Capital (ROIC) 2.47%
Revenue Per Employee 694.31K
Profits Per Employee -18.10K
Employee Count 952
Asset Turnover 0.11
Inventory Turnover 0

Taxes

Income Tax 0
Effective Tax Rate 0

Stock Price Statistics

The stock price has increased by 37.06% in the last 52 weeks. The beta is 1.16, so Independence Realty Trust 's price volatility has been higher than the market average.

Beta 1.16
52-Week Price Change 37.06%
50-Day Moving Average 20.43
200-Day Moving Average 18.53
Relative Strength Index (RSI) 57.02
Average Volume (20 Days) 1.96M

Income Statement

In the last 12 months, Independence Realty Trust had revenue of $660.98M and earned -$17.23M in profits. Earnings per share was $-0.08.

Revenue 660.98M
Gross Profit 167.37M
Operating Income 147.84M
Net Income -17.23M
EBITDA 291.08M
EBIT 147.84M
Earnings Per Share (EPS) -0.08
Full Income Statement

Balance Sheet

The company has $22.85M in cash and $2.43B in debt, giving a net cash position of -$2.41B.

Cash & Cash Equivalents 22.85M
Total Debt 2.43B
Net Cash -2.41B
Retained Earnings -348.40M
Total Assets 5.95B
Working Capital -907.50M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $262.17M and capital expenditures -$146.63M, giving a free cash flow of $115.54M.

Operating Cash Flow 262.17M
Capital Expenditures -146.63M
Free Cash Flow 115.54M
FCF Per Share 0.51
Full Cash Flow Statement

Margins

Gross margin is 25.32%, with operating and profit margins of 22.37% and -2.61%.

Gross Margin 25.32%
Operating Margin 22.37%
Pretax Margin -2.69%
Profit Margin -2.61%
EBITDA Margin 44.04%
EBIT Margin 22.37%
FCF Margin 17.48%

Dividends & Yields

IRT pays an annual dividend of $0.64, which amounts to a dividend yield of 2.98%.

Dividend Per Share $0.64
Dividend Yield 2.98%
Dividend Growth (YoY) 0%
Payout Ratio -1280%
Earnings Yield -0.37%
FCF Yield 2.39%
Dividend Details

Analyst Forecast

The average price target for IRT is $21, which is -2.1% lower than the current price. The consensus rating is "Buy".

Price Target $21
Price Target Difference -2.1%
Analyst Consensus Buy
Analyst Count 8
Stock Forecasts

Scores

Altman Z-Score 1.05
Piotroski F-Score 4