Independence Realty Trust, Inc.

NYSE IRT

Independence Realty Trust, Inc. Free Cash Flow Yield on January 14, 2025: 3.26%

Independence Realty Trust, Inc. Free Cash Flow Yield is 3.26% on January 14, 2025, a -1.48% change year over year. Free cash flow yield compares the return from free cash flow to the market cap; higher yield suggests attractive investment.
  • Independence Realty Trust, Inc. 52-week high Free Cash Flow Yield is 3.49% on February 13, 2024, which is 7.10% above the current Free Cash Flow Yield.
  • Independence Realty Trust, Inc. 52-week low Free Cash Flow Yield is 2.31% on September 23, 2024, which is -29.09% below the current Free Cash Flow Yield.
  • Independence Realty Trust, Inc. average Free Cash Flow Yield for the last 52 weeks is 2.85%.
Key data
Date Free Cash Flow Yield Market Value Added (MVA) Price to Book Ratio (P/B) Price to Earnings Ratio (P/E)
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NYSE: IRT

Independence Realty Trust, Inc.

CEO Mr. Scott F. Schaeffer
IPO Date Aug. 13, 2013
Location United States
Headquarters 1835 Market Street
Employees 952
Sector Real Estate
Industries
Description

Independence Realty Trust, Inc. (NYSE: IRT) is a real estate investment trust that owns and operates multifamily apartment properties across non-gateway U.S. markets, including Atlanta, Louisville, Memphis, and Raleigh. IRT's investment strategy is focused on gaining scale within key amenity rich submarkets that offer good school districts, high-quality retail and major employment centers. IRT aims to provide stockholders attractive risk-adjusted returns through diligent portfolio management, strong operational performance, and a consistent return on capital through distributions and capital appreciation.

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StockViz Staff

January 15, 2025

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