The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

IRT

Concerning the House

Independence Realty Trust, Inc., an S&P 400 MidCap Company, is a real estate investment trust that owns and operates multifamily communities across non-gateway U.S. markets. IRT's investment strategy is focused on gaining scale near major employment centers within key amenity rich submarkets that offer good school districts and high-quality retail. IRT's main investment objective is to provide attractive risk-adjusted returns to shareholders through diligent portfolio management, strong operational performance, and a consistent return on capital through distributions and capital appreciation. Independence Realty Trust, Inc. was established in 2009 and is incorporated in Maryland.

United States · www.irtliving.com

The Long Run

FY 2011–2025 · 15 years

LineLatestCAGRTrend
Revenue$660.98M+132.2%
Operating income$51.82M+327.1%
Net income$8.35M+67.5%
Cash from ops$259.75M+242.5%
Quotation

$17.00

+0.21 (+1.3%)

52w hi$17.36
52w lo$14.60
Vol2.07M
As ofAug 13
The Verdict

Hold

Our score -0.30

Short+0.03
Medium-0.37
Long-0.84

computed 2026-08-13

By the Numbers

Independence Realty Trust, Inc.

Real Estate · REIT - Residential

Market cap$4.11B
Enterprise value$6.49B
Trailing P/E94.44x
Forward P/E106.25x
EV / EBITDA17.15x
P / S (ttm)6.07x
Profit margin6.4%
Return on equity1.3%
Revenue growth+3.0%
Earnings growth-66.7%
Debt / equity70.16
Risk Metrics
Beta vs SPX0.52
Corr SPX0.38
Annual vol22.6%
Annual ret-4.9%
Sharpe-0.22
Max DD-32.9%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental-0.11
Sector+0.04
Technical+0.00
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$16.88$17.19$16.84$17.002.07M
Aug 12$16.58$16.85$16.54$16.793.27M
Aug 11$16.66$16.84$16.611.26M
Aug 10$17.15$17.20$16.69$16.732.32M
Aug 7$16.98$17.35$16.87$17.262.77M