Independence Realty Trust Inc (NYSE: IRT) on Friday, plunged -0.42% from the previous trading day, before settling in for the closing price of $19.19. Within the past 52 weeks, IRT’s price has moved between $15.32 and $22.10.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Real Estate sector was 34.86%. The company achieved an average annual earnings per share of 29.90%. With a float of $231.54 million, this company’s outstanding shares have now reached $233.76 million.
Considering the fact that the conglomerate employs 917 people, you should pay attention to its efficiency factor. 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) 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 0.96%, while institutional ownership is 101.21%. The most recent insider transaction that took place on May 01 ’25, was worth 9,505. In this transaction Director of this company sold 500 shares at a rate of $19.01, taking the stock ownership to the 38,194 shares. Before that another transaction happened on Apr 01 ’25, when Company’s Chair Board and CEO sold 10,000 for $21.21, making the entire transaction worth $212,100. This insider now owns 873,365 shares in total.
Independence Realty Trust Inc (IRT) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 29.90% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 23.90% 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 6.97. Likewise, its price to free cash flow for the trailing twelve months is 26.28.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.13, a number that is poised to hit 0.05 in the next quarter and is forecasted to reach 0.29 in one year’s time.
Technical Analysis of Independence Realty Trust Inc (IRT)
Compared to the last year’s volume of 1.96 million, its volume of 1.32 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 44.68%. Additionally, its Average True Range was 0.49.
During the past 100 days, Independence Realty Trust Inc’s (IRT) raw stochastic average was set at 42.01%, which indicates a significant increase from 31.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.78% in the past 14 days, which was lower than the 27.66% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $20.05, while its 200-day Moving Average is $20.07. Nevertheless, the first resistance level for the watch stands at $19.21 in the near term. At $19.31, the stock is likely to face the second major resistance level. The third major resistance level sits at $19.37. If the price goes on to break the first support level at $19.04, it is likely to go to the next support level at $18.98. Now, if the price goes above the second support level, the third support stands at $18.88.
Independence Realty Trust Inc (NYSE: IRT) Key Stats
Market capitalization of the company is 4.47 billion based on 233,785K outstanding shares. Right now, sales total 640,040 K and income totals 39,290 K. The company made 161,240 K in profit during its latest quarter, and 8,350 K in sales during its previous quarter.
