Independence Realty Trust, Inc.

NYSE IRT

Independence Realty Trust, Inc. Price to Earnings Ratio (P/E) on January 14, 2025: -19,844.04

Independence Realty Trust, Inc. Price to Earnings Ratio (P/E) is -19,844.04 on January 14, 2025, a -11,027.55% change year over year. Price to earnings ratio compares the stock price to earnings per share; higher P/E suggests expectations for future earnings growth.

Independence Realty Trust, Inc. 52-week high Price to Earnings Ratio (P/E) is -169.03 on February 13, 2024, which is 99.15% above the current Price to Earnings Ratio (P/E).
Independence Realty Trust, Inc. 52-week low Price to Earnings Ratio (P/E) is -23,230.89 on November 27, 2024, which is -17.07% below the current Price to Earnings Ratio (P/E).
Independence Realty Trust, Inc. average Price to Earnings Ratio (P/E) for the last 52 weeks is -6,530.94.

Key data

Date	Price to Earnings Ratio (P/E)	Price to Sales Ratio (P/S)	Price to Book Ratio (P/B)	Dividend Yield

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 Diversified REITs Industrial REITs Residential REITs

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.

Key trends

Past 5 years