Independence Realty Trust Inc (IRT)

NYSE · Real Estate · REIT - Residential · USA

Independence Realty Trust Inc is a mid cap company (market value between $2 billion and $10 billion) in the REIT - Residential industry.

Independence Realty Trust is a self-administered REIT that acquires and operates multifamily apartment communities in non-gateway markets across the Southeast and Midwest. The company owns apartment properties containing thousands of units located throughout the region, and also holds interests in joint ventures developing additional multifamily properties.

From its FY2025 annual report (Form 10-K)

Intrinsic value, DCF valuation, financial health and value investing analysis for the Independence Realty Trust Inc stock.

Our verdict on IRT

Undervalued: intrinsic value $27.05 per share, market price $14.85, margin of safety 45.1% (as of 2026-10-20).

Discounting its cash flows at 8.0% (average of 3 methods) values the shares at $27.05; the price of $14.85 is 45% below that value, and 79% of that value comes from beyond year five.

Leak Score: 64/100 on 10 of 12 signals (Faint Leak).

ETFs with the most weight in IRT

17 more funds hold it; the full list is part of the paid plan.

More on IRT

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Peers in REIT - Residential

All 21 REIT - Residential stocks

Is IRT undervalued or overvalued?

IRT is undervalued (as of the 2026-10-20 close). Discounting its cash flows at 8.0% (average of 3 methods) values the shares at $27.05; the price of $14.85 is 45% below that value, and 79% of that value comes from beyond year five.

What is the intrinsic value of IRT?

$27.05 per share (as of the 2026-10-20 close), against a market price of $14.85. That is a margin of safety of 45.1%. The value is the average of the valuation methods that apply to this company, recomputed every night after the US close.

What is Independence Realty Trust Inc's Leak Score?

64 out of 100, which we rate "Faint Leak", on 10 of 12 value investing signals.