IRT
Price:
$16.75
Market Cap:
$3.86B
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.
Industry
REIT - Residential
IPO Date
2013-08-13
Stock Exchange
NYSE
Ticker
IRT
According to Independence Realty Trust, Inc.’s latest financial reports and current stock price. The company's current Enterprise Value is 3.84B. This represents a change of -36.34% compared to the average of 6.03B of the last 4 quarters.
The mean historical Enterprise Value of Independence Realty Trust, Inc. over the last ten years is 3.65B. The current 3.84B Enterprise Value has changed 10.42% with respect to the historical average. Over the past ten years (40 quarters), IRT's Enterprise Value was at its highest in in the December 2022 quarter at 8.36B. The Enterprise Value was at its lowest in in the June 2016 quarter at 1.24B.
Average
3.65B
Median
2.22B
Minimum
1.18B
Maximum
8.33B
Discovering the peaks and valleys of Independence Realty Trust, Inc. Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 149.38%
Maximum Annual Enterprise Value = 8.33B
Minimum Annual Increase = -29.88%
Minimum Annual Enterprise Value = 1.18B
| Year | Enterprise Value | Change |
|---|---|---|
| 2024 | 6.77B | 15.96% |
| 2023 | 5.84B | -29.88% |
| 2022 | 8.33B | 52.18% |
| 2021 | 5.47B | 149.38% |
| 2020 | 2.19B | -2.02% |
| 2019 | 2.24B | 26.16% |
| 2018 | 1.78B | 17.71% |
| 2017 | 1.51B | 27.50% |
| 2016 | 1.18B | -2.15% |
| 2015 | 1.21B | 100.64% |
The current Enterprise Value of Independence Realty Trust, Inc. (IRT) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
6.98B
5-year avg
5.72B
10-year avg
3.65B
Independence Realty Trust, Inc.’s Enterprise Value is less than Tanger Inc. (6.35B), less than Public Storage (58.28B), less than Americold Realty Trust, Inc. (7.42B), less than EPR Properties (3.94B), greater than Sunstone Hotel Investors, Inc. (1.58B), greater than Broadstone Net Lease, Inc. (3.23B), greater than DigitalBridge Group, Inc. (1.42B), greater than National Health Investors, Inc. (3.68B),
| Company | Enterprise Value | Market cap |
|---|---|---|
| 6.35B | $3.62B | |
| 58.28B | $48.54B | |
| 7.42B | $3.17B | |
| 3.94B | $3.95B | |
| 1.58B | $1.70B | |
| 3.23B | $3.32B | |
| 1.42B | $1.78B | |
| 3.68B | $3.77B |
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What is the Enterprise Value?
How can you use the Enterprise Value?
What is Independence Realty Trust, Inc.'s Enterprise Value?
What is the highest Enterprise Value for Independence Realty Trust, Inc. (IRT)?
What is the 3-year average Enterprise Value for Independence Realty Trust, Inc. (IRT)?
What is the 5-year average Enterprise Value for Independence Realty Trust, Inc. (IRT)?
How does the current Enterprise Value for Independence Realty Trust, Inc. (IRT) compare to its historical average?