Independence Realty Trust Inc (NYSE: IRT) on Thursday, soared 1.48% from the previous trading day, before settling in for the closing price of $18.87. Within the past 52 weeks, IRT’s price has moved between $14.94 and $22.10.
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During the last 5-year period, the sales growth of Real Estate Sector giant was 34.86%. The company achieved an average annual earnings per share of 45.34%. With a float of $228.94 million, this company’s outstanding shares have now reached $230.84 million.
Let’s determine the extent of company efficiency that accounts for 917 employees. In terms of profitability, gross margin is 41.67%, operating margin of 30.75%, and the pretax margin is 6.26%.
Independence Realty Trust Inc (IRT) Breakdown of a Key Holders of the stock
Observing investor behavior towards REIT – Residential industry stocks is more important than anything else. The insider ownership of Independence Realty Trust Inc is 0.94%, while institutional ownership is 101.06%. 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) Recent Fiscal highlights
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 45.34% 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
Independence Realty Trust Inc (IRT) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.09. Likewise, its price to free cash flow for the trailing twelve months is 30.15.
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)
Looking closely at Independence Realty Trust Inc (NYSE: IRT), its last 5-days average volume was 1.89 million, which is a drop from its year-to-date volume of 2.0 million. As of the previous 9 days, the stock’s Stochastic %D was 62.49%. Additionally, its Average True Range was 0.66.
During the past 100 days, Independence Realty Trust Inc’s (IRT) raw stochastic average was set at 39.73%, which indicates a significant decrease from 45.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.49% in the past 14 days, which was higher than the 27.28% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $20.38, while its 200-day Moving Average is $20.03. However, in the short run, Independence Realty Trust Inc’s stock first resistance to watch stands at $19.35. Second resistance stands at $19.56. The third major resistance level sits at $19.79. If the price goes on to break the first support level at $18.92, it is likely to go to the next support level at $18.69. Now, if the price goes above the second support level, the third support stands at $18.48.
Independence Realty Trust Inc (NYSE: IRT) Key Stats
Market capitalization of the company is 4.54 billion based on 231,117K outstanding shares. Right now, sales total 640,040 K and income totals 39,290 K. The company made 160,960 K in profit during its latest quarter, and -1,000 K in sales during its previous quarter.
