March 20, 2020 Price forecast | 2 weeks: 4.14% | 1 month: 1.86% | 3 months: 2.59%


IRT stock forecast

Our latest prediction for Independence Realty Trust, Inc.'s stock price was made on the March 20, 2020 when the stock price was at 8.76$.

In the short term (2weeks), IRT's stock price should outperform the market by 4.14%. During that period the price should oscillate between -7.15% and +16.20%.

In the medium term (3months), IRT's stock price should outperform the market by 2.59%. During that period the price should oscillate between -19.87% and +31.68%.

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About Independence Realty Trust, Inc.

Independence Realty Trust, Inc. is a real estate investment trust. It acquires, owns, operates, improves and manages multifamily apartment communities across non-gateway U.S. markets. It aims to provide stockholders risk-adjusted returns through diligent portfolio management, operational performance and consistent return of capital through distributions and capital appreciation. The company was founded on March 26, 2009 and is headquartered in Philadelphia, PA.

At the moment the company generates 203M USD in revenues.

On its last earning announcement, the company reported a profit of 0.51$ per share.

The book value per share is 7.07$

Independence Realty Trust, Inc. website


Three months stock forecastMarch 20, 2020


Financials

Revenue USD Gross Margin Operating Income Operating Margin Net Income Earnings Per Share Dividends Payout Ratio Shares Book Value Per Share Operating Cash Flow Cap Spending Free Cash Flow
203M 57.00% 50M 24.80% 46M 0.51 0.72 450.00% 90M 7.07 75M -46M 29M