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Independence Realty Trust is listed at the NYSE Exchange
Independence Realty Trust [IRT]
NYSE Sector: Real Estate Industry:REIT Residential

Is Independence Realty Trust stock a buy?

What Is The Conclusion?

Right now our advanced algorithms say:

Do the analyst corps agree?

Interesting Questions and Easy Answers!

Yes, Independence Realty Trust pays dividends. Last time was Friday 18th of October 2024 where the investors holding the stock on Monday 30th of September 2024 were paid $0.16 per share. Over the last 82 times between 2013 and 2024, Independence Realty Trust has paid $7.24675 with an average of $0.09 per share.

Sorry, we do not have any analyst data for this ticker

We cannot find data for Independence Realty Trust 10 years ago, but if you had invested on Friday 22nd of November 2019 when the price was $14.45, you would have made a profit of $6.90 per share or 47.75%

Yes, the average daily trading liquidity for Independence Realty Trust is $2.12 million. You should therefore be able to get in and out of your positions relatively fast.

Independence Realty Trust has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a normal cash flow to debt ratio of 0.11, the company's ability to pay off the debt is normal. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.

We have calculated the inflation risk for Independence Realty Trust to be medium [0.6 of 1]

US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.