Insider buying last 90 days
No open-market insider purchases were filed for IRT in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every IRT insider filing, plotted on the chart in Gekko.Open IRT in Gekko
Independence Realty Trust (IRT) Stock Analysis & Forecast
Oct 12 close
$14.82+0.05 (+0.3%)
Gekko Brief
AI summaryOct 12 closeIndependence Realty Trust touched a new 52-week low of $14.33 this week even as analysts maintain a "Moderate Buy" consensus rating with an average price target near $19.72. A Form S-4 filing with an effectiveness date of 7 October was also noted, alongside Congress Asset Management Co. increasing its stake in the company during the third quarter.
IRT closed at $14.82, up 0.3%, but remains below both its 50-day average of $15.75 and its 200-day average of $16.25, with the shorter average below the longer one, consistent with a downward trend. The GekkoIndex reads 62, placing the stock in the Accumulation zone, down 4.8 over the past five sessions. Price sits 19.2% below Gekko Fair Value of $18.35.
IRT next reports earnings on 4 November, 23 days away, which falls inside a typical 20-trading-day holding window; its last report showed EPS of $0.01 against an estimate of $0.03, with a 2.6% reaction. No insider, Congress, or unusual options activity appears within their respective 90-day and 30-day windows beyond the stake increase noted above. Seasonality over the past 5 years shows the next 20 trading days averaging a 4.6% gain, with gains in 4 of those years. Analyst coverage currently includes 7 buy and 2 hold ratings among 9 firms, with a consensus target of $19.27.
Written by AI from the Oct 12, 2026 close and checked automatically against the figures on this page.
Independence Realty Trust price vs fair value
Close $14.82200-day averageGekko Fair Value $18.35
Independence Realty Trust quick facts
- Market cap
- $3.49B
- P/E ratio
- 81.3
- Forward P/E
- 69.4
- EPS, TTM
- $0.18
- Revenue, TTM
- $677.2M
- Profit margin
- 6.4%
- Dividend yield
- 4.78%
- Beta
- 0.98
- Volume
- 2.44M avg 3.61M
- 1-year return
- −8.4%
- Typical daily move
- ±2%
- Typical 20-day move
- ±5.1%
- 50-day average
- $15.75
- 200-day average
- $16.25
- Next earnings
- Nov 4
- Shares outstanding
- 235.7M
Independence Realty Trust swing-trade checklist
Independence Realty Trust scores 3 supportive, 0 mixed and 2 headwinds across the 5 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
3 supportive0 mixed2 headwinds
- Trendheadwind
Below 50 and 200-day
Close $14.82 is below the 50-day ($15.75) and 200-day ($16.25) averages, and the 50-day is below the 200-day.
See the chart - GekkoIndexsupportive
62, Accumulation
Reading 62 is in the Accumulation zone.
See the GekkoIndex - Fair valuesupportive
19.2% below
Price is 19.2% below Gekko Fair Value (more than 5% below).
See fair value - Smart moneyno data
No data
No insider, Congress or unusual options activity in the window.
See smart money - Earnings riskheadwind
Reports in 23 days
Reports on Nov 4, 2026, 23 days away — inside a typical 20-trading-day hold.
See earnings - Seasonalitysupportive
+4.6% on average
From this point in the calendar, the next 20 trading days averaged +4.6% over 5 years, rising in 4 of them.
See seasonality
A description of current data, not a recommendation. How this page works
Independence Realty Trust stock chart and price history
Independence Realty Trust closed at $14.82 on Oct 12, 2026, −8.4% over the past year, inside a 52-week range of $14.33 to $17.79.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- −2.4%
- 3 months
- −10.5%
- 6 months
- −4.5%
- 1 year
- −8.4%
The full IRT chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open IRT in Gekko
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About Independence Realty Trust
Independence Realty Trust owns and operates apartment communities across multiple U.S. cities, with its holdings concentrated in markets such as Atlanta, Louisville, Memphis, and Raleigh rather than the largest coastal metros. The company is best known for focusing on these secondary markets, targeting submarkets chosen for qualities like good schools, accessible retail, and nearby job centers.
The company structures itself as a real estate investment trust, which means it generates income primarily by leasing apartment units and managing its properties directly. Its approach centers on building a concentrated presence within chosen submarkets rather than spreading investment broadly, with attention given to day-to-day operational management of the properties it holds. Returns to investors come through a combination of dividend payments and changes in the value of the underlying real estate.
Independence Realty Trust's shares are listed on the NYSE under the ticker IRT.
- Sector
- Finance
- Website
- irtliving.com
Independence Realty Trust GekkoIndex: the smart money zone
Independence Realty Trust’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 62, in the Accumulation zone, down 4.8 points over five sessions.
62Accumulation
Down 4.8 points over five sessions.
Reading for Oct 12, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying | 37 | +0.4% | +4.9% | ||
| Accumulation (current zone) | 222 | +0.1% | +0.6% | ||
| Neutral | 355 | −0.1% | −0.8% | ||
| Distribution | 21 | −1.3% | +0.5% | ||
| Selling | 0 | Not available | |||
Average IRT share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.2% over 20 days. Past behaviour doesn’t guarantee future results.
Accumulation zone: Institutional interest building. About the five zones →
See every daily GekkoIndex reading plotted over the IRT price, zone by zone.Track IRT in Gekko
Is Independence Realty Trust stock overvalued? Gekko Fair Value
Independence Realty Trust trades 19.2% below Gekko Fair Value of $18.35, so the shares are undervalued on Gekko’s estimate.
Gekko’s own estimate of what Independence Realty Trust shares are worth, recalculated every trading day.
$18.35
Gekko Fair Value, Oct 10, 2026
19.2% Undervalued
At the end of Aug 2026 the price was 20.5% below the estimate.
Gekko Fair ValueShare price, month end
Gekko Fair Value on every chart, with the gap to price updating daily.Open IRT in Gekko
Independence Realty Trust insider and Congress trading
No open-market insider purchases were filed for Independence Realty Trust, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in IRT were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for IRT, plotted on the chart in Gekko.Open IRT in Gekko
Buybacks
Independence Realty Trust has been buying back its own shares.
- Bought back, quarter ended Jun 30, 2026
- $1K
- As a share of market cap
- 0.00%
- Trailing four quarters
- $59.97M
From company filings.
Hedge funds and billionaires quarter ended Mar 31
0of the funds Gekko tracks hold IRT.
0added0opened0trimmed1sold out
Which funds are on each side, name by name.Unlock in Gekko
Independence Realty Trust earnings: next date and track record
Independence Realty Trust reports on Nov 4, 2026 (23 days away), and beat the EPS estimate in 1 of its last 8 reports.
Next earnings report
Nov 4, 2026
23 days away
- EPS estimate
- $0.04
- Revenue estimate
- $171.5M
1 of 8reports beat the EPS estimate
±2.2%average move across the report
2 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Aug 3, 2026 AI summary
- What they said
- IRT reported building operating momentum with new lease rates improving 120 basis points sequentially in Q2 2026, with Midwest communities posting positive 2.3% new lease trade-outs. August new lease spreads turned slightly positive. Value-add renovations are boosting same-store NOI by over 20% annually, and the company successfully completed its initial community WiFi initiative ahead of schedule, creating a new revenue stream.
- Guidance
- Management expressed confidence in same-store revenue growth guidance, supported by improving lease spreads and new WiFi revenue. The WiFi initiative is expected to contribute at least $0.01 incremental core FFO per share in the following year.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Aug 3, 2026 | $0.01 est $0.03 | $167.1M est $166.9M | +2.6% |
| Apr 29, 2026 | $0.00 est $0.03 | $165.2M est $166.3M | −0.1% |
| Feb 11, 2026 | $0.06 est $0.08 | $166.8M est $169.9M | −6.6% |
| Oct 29, 2025 | $0.29 est $0.30 | $167.1M est $170.9M | −0.1% |
| Jul 30, 2025 | $0.28 est $0.28 | $162.2M est $164.0M | −4.3% |
| Apr 30, 2025 | $0.27 est $0.28 | $161.2M est $163.9M | −1.3% |
| Feb 12, 2025 | $0.09 est $0.03 | $160.6M est $163.3M | +1.7% |
| Oct 30, 2024 | $0.06 est $0.06 | $160.1M est $161.2M | −0.5% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
Independence Realty Trust stock forecast and analyst price targets
Analysts’ average 12-month price target for Independence Realty Trust is $19.27, +30.0% from the last close, from 9 firms rating the stock in the last 90 days.
$19.27consensus 12-month target, +30.0% from the last close
Now $14.82Avg $19.27
Low $17High $21
Each firm’s latest rating in the last 90 days: 9 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Oct 1 | Jefferies | $18 | +21.5% |
| Sep 28 | Wells Fargo | $19 | +28.2% |
| Sep 24 | Wells Fargo | $19 | +28.2% |
| Sep 23 | Barclays | $20 | +35.0% |
| Sep 15 | UBS | $18 | +21.5% |
+0.6%average 20-day move after past Accumulation readings
+4.6%average move over the next 20 trading days in the last 5 years
±2%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
Independence Realty Trust seasonality: the next 20 trading days
Over the next 20 trading days from Oct 10, Independence Realty Trust averaged +4.6% across the last 5 years, rising in 4 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | +1.8% | 3 of 5 |
| Next 10 trading days | +1.5% | 3 of 5 |
| Next 15 trading days | +2.4% | 3 of 5 |
| Next 20 trading days | +4.6% | 4 of 5 |
| Next 30 trading days | +8.9% | 4 of 5 |
For scale, IRT’s typical 20-trading-day move in either direction is about 5.1%.
Independence Realty Trust market cap and key statistics
Independence Realty Trust’s market cap is $3.49B, with a P/E ratio of 81.3 and revenue of $677.2M over the last twelve months.
Valuation
- Market cap
- $3.49B
- P/E ratio
- 81.3
- Forward P/E
- 69.4
- EPS, TTM
- $0.18
- Gekko Fair Value
- $18.35
Trading
- Volume
- 2.44M
- Avg volume, 20 days
- 3.61M
- 52-week high
- $17.79
- 52-week low
- $14.33
- Shares outstanding
- 235.7M
Financials
- Revenue, TTM
- $677.2M
- Profit margin
- 6.4%
- Return on equity
- 1.3%
- Quarterly earnings growth, YoY
- −66.7%
Risk and income
- Beta
- 0.98
- Typical daily move
- ±2%
- Typical 20-day move
- ±5.1%
- Dividend yield
- 4.78%
Independence Realty Trust stock news this week
Coverage of Independence Realty Trust this week reads neutral: 1 positive, 3 neutral and 1 negative headlines.
- Independence Realty Trust, Inc. (NYSE:IRT) Stock Has Consensus Target Price of $19.72 According to AnalystsMarketBeat, Oct 11
- Independence Realty Trust, Inc. (IRT) options chainYahoo Finance UK, Oct 9
- INDEPENDENCE REALTY TRUST, INC. SEC Filing (Oct 8, 2026)Stock Titan, Oct 8
- Independence Realty Trust (NYSE:IRT) Sets New 1-Year Low - What's Next?MarketBeat, Oct 8
- Independence Realty Trust, Inc. $IRT Stake Increased by Congress Asset Management Co.MarketBeat, Oct 7
Independence Realty Trust stock FAQ
What is Independence Realty Trust’s market cap?
Independence Realty Trust’s market cap is $3.49B at the Oct 12, 2026 close of $14.82, with 235.7M shares outstanding. The shares trade on a P/E ratio of 81.3.
What is the Independence Realty Trust stock forecast?
The consensus analyst 12-month price target for Independence Realty Trust is $19.27, +30.0% from the last close. Of the 9 firms that rated the stock in the last 90 days, 7 rate it a buy, 2 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.
Is Independence Realty Trust stock overvalued or undervalued?
On Gekko’s estimate Independence Realty Trust is undervalued: the Oct 12, 2026 close of $14.82 is 19.2% below Gekko Fair Value of $18.35. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does Independence Realty Trust report earnings next?
Independence Realty Trust is expected to report on Nov 4, 2026 (23 days away). Analysts expect earnings of $0.04 per share on revenue of $171.5M. Independence Realty Trust beat the earnings estimate in 1 of its last 8 reports, moving 2.2% on average across the report.
What is Independence Realty Trust’s 52-week high and low?
Independence Realty Trust’s 52-week high is $17.79 and its 52-week low is $14.33; it closed at $14.82 on Oct 12, 2026, −8.4% over the past year. Over the last five years the shares peaked at $28.42 on Apr 21, 2022.
Is Independence Realty Trust stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (gekkoindex, fair value and seasonality) and 2 as headwinds (trend and earnings risk). The checklist is a description of current data, not a recommendation.
How this page works
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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