The stock of Independence Realty Trust Inc (IRT) has gone down by -2.37% for the week, with a 3.84% rise in the past month and a -6.20% drop in the past quarter. The volatility ratio for the week is 1.71%, and the volatility levels for the past 30 days are 2.18% for IRT. The simple moving average for the last 20 days is -1.89% for IRT stock, with a simple moving average of -5.24% for the last 200 days.
Is It Worth Investing in Independence Realty Trust Inc (NYSE: IRT) Right Now?
The price-to-earnings ratio for Independence Realty Trust Inc (NYSE: IRT) is 143.12x, which is above its average ratio. Moreover, the 36-month beta value for IRT is 0.99. Analysts have varying opinions on the stock, with 8 analysts rating it as a “buy,” 3 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for IRT is 231.54M and currently, short sellers hold a 8.23% of that float. On May 14, 2025, IRT’s average trading volume was 2.14M shares.
IRT) stock’s latest price update
The stock price of Independence Realty Trust Inc (NYSE: IRT) has plunged by -2.02 when compared to previous closing price of 19.31, but the company has seen a -2.37% decline in its stock price over the last five trading sessions. seekingalpha.com reported 2025-05-01 that Independence Realty Trust, Inc. (IRT) Q1 2025 Earnings Call Transcript
Analysts’ Opinion of IRT
UBS, on the other hand, stated in their research note that they expect to see IRT reach a price target of $24. The rating they have provided for IRT stocks is “Buy” according to the report published on April 07th, 2025.
Wells Fargo gave a rating of “Overweight” to IRT, setting the target price at $24 in the report published on March 19th of the current year.
IRT Trading at -5.13% from the 50-Day Moving Average
After a stumble in the market that brought IRT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -14.40% of loss for the given period.
Volatility was left at 2.18%, however, over the last 30 days, the volatility rate increased by 1.71%, as shares surge +1.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.65% lower at present.
During the last 5 trading sessions, IRT fell by -2.37%, which changed the moving average for the period of 200-days by +2.33% in comparison to the 20-day moving average, which settled at $19.28. In addition, Independence Realty Trust Inc saw -4.64% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at IRT starting from Gebert Richard D, who sale 500 shares at the price of $19.01 back on May 01 ’25. After this action, Gebert Richard D now owns 38,194 shares of Independence Realty Trust Inc, valued at $9,505 using the latest closing price.
SCHAEFFER SCOTT, the Chair Board and CEO of Independence Realty Trust Inc, sale 10,000 shares at $21.21 during a trade that took place back on Apr 01 ’25, which means that SCHAEFFER SCOTT is holding 873,365 shares at $212,100 based on the most recent closing price.
Stock Fundamentals for IRT
Current profitability levels for the company are sitting at:
- 0.3 for the present operating margin
- 0.5 for the gross margin
The net margin for Independence Realty Trust Inc stands at 0.05. The total capital return value is set at 0.03. Equity return is now at value 0.87, with 0.50 for asset returns.
When we switch over and look at the enterprise to sales, we see a ratio of 6.9.
Conclusion
To wrap up, the performance of Independence Realty Trust Inc (IRT) has been mixed in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
