On Tuesday, Independence Realty Trust Inc (NYSE: IRT) was -0.11% drop from the session before settling in for the closing price of $17.76. A 52-week range for IRT has been $17.10 – $22.10.
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A company in the Real Estate sector has dropped its sales by -19.26% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 27.44%. With a float of $231.18 million, this company’s outstanding shares have now reached $233.76 million.
In an organization with 917 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 50.17%, operating margin of 30.12%, and the pretax margin is 4.78%.
Independence Realty Trust Inc (IRT) Insider Updates
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 1.11%, while institutional ownership is 100.85%. The most recent insider transaction that took place on Jun 02 ’25, was worth 9,200. In this transaction Director of this company sold 500 shares at a rate of $18.40, taking the stock ownership to the 42,872 shares. Before that another transaction happened on May 01 ’25, when Company’s Director sold 500 for $19.01, making the entire transaction worth $9,505. This insider now owns 38,194 shares in total.
Independence Realty Trust Inc (IRT) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 27.44% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 21.54% 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 the most recent quarter, the stock posted a quick ratio of 0.36. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.64. Likewise, its price to free cash flow for the trailing twelve months is 25.02.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.13, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 0.29 in one year’s time.
Technical Analysis of Independence Realty Trust Inc (IRT)
Let’s dig in a bit further. During the last 5-days, its volume was 2.49 million. That was better than the volume of 1.95 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 14.61%.
During the past 100 days, Independence Realty Trust Inc’s (IRT) raw stochastic average was set at 13.43%, which indicates a significant decrease from 15.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.26% in the past 14 days, which was lower than the 26.79% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.75, while its 200-day Moving Average is $19.89. However, in the short run, Independence Realty Trust Inc’s stock first resistance to watch stands at $17.85. Second resistance stands at $17.96. The third major resistance level sits at $18.03. If the price goes on to break the first support level at $17.67, it is likely to go to the next support level at $17.60. Assuming the price breaks the second support level, the third support level stands at $17.49.
Independence Realty Trust Inc (NYSE: IRT) Key Stats
There are 233,785K outstanding shares of the company, which has a market capitalization of 4.25 billion. As of now, sales total 640,040 K while income totals 39,290 K. Its latest quarter income was 161,240 K while its last quarter net income were 8,350 K.
