On Friday, Independence Realty Trust Inc (NYSE: IRT) was -7.54% drop from the session before settling in for the closing price of $20.55. A 52-week range for IRT has been $14.92 – $22.10.
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It was noted that within the last five years, the titan of the Real Estate sector saw sales topped by 34.86%. When this article was written, the company’s average yearly earnings per share was at 43.42%. With a float of $228.94 million, this company’s outstanding shares have now reached $230.84 million.
The extent of productivity of a business whose workforce counts for 917 workers is very important to gauge. In terms of profitability, gross margin is 41.67%, operating margin of 25.01%, and the pretax margin is 6.26%.
Independence Realty Trust Inc (IRT) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Independence Realty Trust Inc stocks. The insider ownership of Independence Realty Trust Inc is 0.95%, while institutional ownership is 100.74%. The most recent insider transaction that took place on Apr 01 ’25, was worth 212,100. In this transaction Chair Board and CEO of this company sold 10,000 shares at a rate of $21.21, taking the stock ownership to the 873,365 shares. Before that another transaction happened on Apr 01 ’25, when Company’s Director sold 500 for $21.28, making the entire transaction worth $10,640. This insider now owns 38,694 shares in total.
Independence Realty Trust Inc (IRT) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 43.42% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 23.26% during the next five years compared to -19.26% drop over the previous five years of trading.
Independence Realty Trust Inc (NYSE: IRT) Trading Performance Indicators
You can see what Independence Realty Trust Inc (IRT) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.04. Likewise, its price to free cash flow for the trailing twelve months is 29.92.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.17, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 0.30 in one year’s time.
Technical Analysis of Independence Realty Trust Inc (IRT)
The latest stats from [Independence Realty Trust Inc, IRT] show that its last 5-days average volume of 2.35 million was superior to 1.96 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 29.75%. Additionally, its Average True Range was 0.53.
During the past 100 days, Independence Realty Trust Inc’s (IRT) raw stochastic average was set at 21.26%, which indicates a significant increase from 0.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.05% in the past 14 days, which was higher than the 24.72% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $20.50, while its 200-day Moving Average is $20.02. Now, the first resistance to watch is $19.86. This is followed by the second major resistance level at $20.71. The third major resistance level sits at $21.15. If the price goes on to break the first support level at $18.57, it is likely to go to the next support level at $18.13. The third support level lies at $17.28 if the price breaches the second support level.
Independence Realty Trust Inc (NYSE: IRT) Key Stats
There are 230,914K outstanding shares of the company, which has a market capitalization of 4.50 billion. As of now, sales total 640,040 K while income totals 39,290 K. Its latest quarter income was 160,960 K while its last quarter net income were -1,000 K.
