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Independence Realty Trust, Inc. (IRT) Stock Analysis

Momentum Cont setup

SellModerate Confidence

Real Estate · REIT - Residential

Sell if holding. At $16.33, A.R:R 0.1:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Property Type: multifamily apartment sector; Concentration risk — Geographic: Southeast region of the United States.

Independence Realty Trust is a REIT owning and operating 114 multifamily apartment properties with 33,462 units in Southeastern and Midwestern US non-gateway markets as of December 31, 2025. Revenue comes from rental income; its value-add strategy renovates properties to drive... Read more

$16.33+1.1% A.UpsideScore 5.0/10#10 of 16 REIT - Residential
Stop $15.60Target $16.50(analyst − 13%)A.R:R 0.1:1
Analyst target$18.96+16.1%14 analysts
$16.50our TP
$16.33price
$18.96mean
$22

Sell if holding. At $16.33, A.R:R 0.1:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Property Type: multifamily apartment sector; Concentration risk — Geographic: Southeast region of the United States. Chart setup: Trend continuation, RSI 68, MACD bullish. Score 5.0/10, moderate confidence.

Passes 5/7 gates (positive momentum, clean insider activity, no SEC red flags, earnings proximity no date, semi cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.

Thesis

Rewards
No bull case signals
Risks
Concentration risk — Property Type: multifamily apartment sector
Concentration risk — Geographic: Southeast region of the United States
Analyst target reached - limited upside remaining

Key Metrics

P/E (TTM)67.9
P/E (Fwd)95.8
Mkt Cap$4.0B
EV/EBITDA16.6
Profit Mgn8.5%
ROE1.6%
Rev Growth3.6%
Beta1.01
Dividend4.17%
Rating analysts18

Quality Signals

Piotroski F8/9

Options Flow

P/C0.06bullish
IV86%elevated

Concentration Risks(10-K Item 1A)

  • HIGHPropertymultifamily apartment sector
    10-K Item 1A: 'substantially all of our investments are concentrated in the multifamily apartment sector'
  • HIGHGeographicSoutheast region of the United States
    10-K Item 1A: 'Our portfolio of properties consists primarily of multifamily communities geographically concentrated in the Southeast region of the United States'

Material Events(8-K, last 90d)

  • 2026-02-11Item 1.02MEDIUM
    Fifth Amended and Restated Credit Agreement (January 2025) terminated and replaced by Sixth Amended and Restated Credit Agreement dated February 11, 2026. New $350M term loan (Feb 2030 maturity) added; proceeds repay prior $200M 2026 Term Loan.
    SEC filing →
  • 2026-02-06Item 5.02MEDIUM
    EVP, General Counsel Michele Weisbaum to retire ~March 31, 2026. Consulting arrangement approved at $30,000/month through December 31, 2026 for transition assistance. Departure not due to disagreement.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

2 floor-breakers

Growth below the gate floor. Component breakdown shows what dragged the score down.static

Revenue Growth
3.4
Low model confidence on this dimension (33%).

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

Support Resistance
1.0
Bollinger
1.2
52w Position
5.8
Gap
6.0
GatesA.R:R 0.1 < 1.5@spotDeath cross (50MA < 200MA)Momentum 6.3>=5.5Insider activity: OKNo SEC red flagsEARNINGS PROXIMITY NO DATESEMI CYCLE PEAK CLEARMomentum ContSuitability: Aggressive
RSI
68 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $14.60Resistance $16.52

Price Targets

$16
$17
A.Upside+1.0%
A.R:R0.1:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeCautious

Risk Alerts

! Target reached (1.1% upside)
! Reward/Risk 0.1:1 at current price — below 1.5:1 minimum

Earnings

B
M
M
M
1/4 beats
Next Earnings2026-04-29 (nulld)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is IRT stock a buy right now?

Sell if holding. At $16.33, A.R:R 0.1:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Property Type: multifamily apartment sector; Concentration risk — Geographic: Southeast region of the United States. Chart setup: Trend continuation, RSI 68, MACD bullish. Prior stop was $15.60. Score 5.0/10, moderate confidence.

What is the IRT stock price target?

Take-profit target: $16.50 (+1.1% upside). Prior stop was $15.60. Stop-loss: $15.60.

What are the risks of investing in IRT?

Concentration risk — Property Type: multifamily apartment sector; Concentration risk — Geographic: Southeast region of the United States; Analyst target reached - limited upside remaining.

Is IRT overvalued or undervalued?

Independence Realty Trust, Inc. trades at a P/E of 67.9 (forward 95.8). TrendMatrix value score: 5.1/10. Verdict: Sell.

What do analysts say about IRT?

18 analysts cover IRT with a consensus score of 4.0/5. Average price target: $19.

What does Independence Realty Trust, Inc. do?Independence Realty Trust is a REIT owning and operating 114 multifamily apartment properties with 33,462 units in...

Independence Realty Trust is a REIT owning and operating 114 multifamily apartment properties with 33,462 units in Southeastern and Midwestern US non-gateway markets as of December 31, 2025. Revenue comes from rental income; its value-add strategy renovates properties to drive rent increases.

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