Independence Realty Trust (IRT) Set to Post Earnings on Monday

Independence Realty Trust (NYSE:IRT) is projected to issue its Q3 2026 results after the market closes on Monday, November 2nd. Analysts expect the company to announce earnings of $0.0452 per share and revenue of $171.43 million for the quarter. Independence Realty Trust has set its FY 2026 guidance at 1.130-1.150 EPS. Parties may review the information on the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Thursday, October 29, 2026 at 9:00 AM ET.

Independence Realty Trust (NYSE:IRT) last issued its quarterly earnings data on Monday, August 3rd. The real estate investment trust reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.26). Independence Realty Trust had a return on equity of 1.22% and a net margin of 6.52%. The business had revenue of $167.24 million during the quarter, compared to analyst estimates of $166.93 million. During the same quarter last year, the firm earned $0.28 EPS. Independence Realty Trust’s revenue for the quarter was up 3.2% compared to the same quarter last year. On average, analysts expect Independence Realty Trust to post $1.14 EPS for the current fiscal year and $1.19 EPS for the next fiscal year.

Independence Realty Trust Stock Up 0.0%

Shares of Independence Realty Trust stock opened at $14.96 on Monday. The stock has a market capitalization of $3.53 billion, a price-to-earnings ratio of 83.14 and a beta of 0.96. Independence Realty Trust has a twelve month low of $14.33 and a twelve month high of $17.79. The company has a 50-day simple moving average of $15.35 and a two-hundred day simple moving average of $16.07.

Independence Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, October 23rd. Shareholders of record on Wednesday, September 30th were given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date was Wednesday, September 30th. Independence Realty Trust’s dividend payout ratio is presently 400.00%.

Analysts Set New Price Targets

Several research analysts have recently commented on IRT shares. Citizens Jmp reaffirmed a “market outperform” rating and set a $22.00 target price on shares of Independence Realty Trust in a report on Thursday, September 10th. Jefferies Financial Group upgraded Independence Realty Trust to a “strong-buy” rating in a research note on Wednesday, July 22nd. Wall Street Zen raised Independence Realty Trust from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 15th. Wells Fargo & Company reduced their price target on Independence Realty Trust from $19.00 to $18.00 and set an “overweight” rating on the stock in a research report on Monday, October 19th. Finally, Barclays lowered their price objective on Independence Realty Trust from $20.00 to $19.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 14th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $19.39.

Independence Realty Trust Company Profile

Independence Realty Trust, Inc (NYSE: IRT) is a real estate investment trust that owns, operates and acquires multifamily apartment communities in the United States. The company focuses on providing rental housing, with properties generally located in markets that offer population growth, employment opportunities and attractive long-term housing demand.

IRT’s portfolio is concentrated primarily in the Southeast and other select U.S. growth markets, including communities in states such as Georgia, North Carolina, South Carolina, Tennessee, Florida, Texas and Colorado.