Independence Realty Trust (IRT) Expected to Release Quarterly Earnings on Monday

Posted by Stanley Muller on Jul 27th, 2026

Independence Realty Trust (NYSE:IRT – Get Free Report) is expected to release its Q2 2026 results after the market closes on Monday, August 3rd. Analysts expect Independence Realty Trust to announce earnings of $0.0252 per share and revenue of $166.9250 million for the quarter. Independence Realty Trust has set its FY 2026 guidance at 1.120-1.160 EPS. Individuals may visit the the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Tuesday, August 4, 2026 at 9:00 AM ET.

Independence Realty Trust (NYSE:IRT – Get Free Report) last posted its earnings results on Wednesday, April 29th. The real estate investment trust reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.23. The company had revenue of $165.32 million for the quarter, compared to the consensus estimate of $166.35 million. Independence Realty Trust had a return on equity of 1.35% and a net margin of 7.27%.The firm’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.27 earnings per share. On average, analysts expect Independence Realty Trust to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Independence Realty Trust Trading Up 0.0%

NYSE:IRT opened at $16.61 on Monday. The business’s 50-day moving average is $16.61 and its 200 day moving average is $16.35. Independence Realty Trust has a 12 month low of $14.60 and a 12 month high of $18.18. The company has a market capitalization of $3.92 billion, a P/E ratio of 83.07 and a beta of 0.95.

Independence Realty Trust Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Friday, June 26th were paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend was Friday, June 26th. This is a positive change from Independence Realty Trust’s previous quarterly dividend of $0.17. Independence Realty Trust’s dividend payout ratio is presently 360.00%.

Analyst Ratings Changes

A number of research firms have recently commented on IRT. Weiss Ratings upgraded Independence Realty Trust from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, July 6th. Jefferies Financial Group upgraded shares of Independence Realty Trust to a “strong-buy” rating in a research report on Wednesday, July 22nd. Barclays raised shares of Independence Realty Trust from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $19.00 to $20.00 in a research note on Tuesday, July 14th. Wells Fargo & Company increased their price objective on shares of Independence Realty Trust from $18.00 to $19.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. Finally, Wall Street Zen cut shares of Independence Realty Trust from a “sell” rating to a “strong sell” rating in a research note on Saturday, May 2nd. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $20.19.

Get Our Latest Stock Analysis on Independence Realty Trust

Institutional Investors Weigh In On Independence Realty Trust

Hedge funds and other institutional investors have recently made changes to their positions in the company. Danske Bank A S bought a new stake in shares of Independence Realty Trust in the 3rd quarter worth about $26,000. Smartleaf Asset Management LLC boosted its stake in shares of Independence Realty Trust by 97.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 2,875 shares of the real estate investment trust’s stock worth $51,000 after purchasing an additional 1,422 shares during the period. Caitong International Asset Management Co. Ltd grew its holdings in Independence Realty Trust by 1,420.1% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 3,329 shares of the real estate investment trust’s stock valued at $55,000 after purchasing an additional 3,110 shares during the last quarter. Advisory Services Network LLC bought a new position in Independence Realty Trust during the 3rd quarter valued at about $64,000. Finally, Sunbelt Securities Inc. raised its position in Independence Realty Trust by 37.5% in the 3rd quarter. Sunbelt Securities Inc. now owns 4,270 shares of the real estate investment trust’s stock worth $70,000 after purchasing an additional 1,165 shares during the period. Hedge funds and other institutional investors own 88.25% of the company’s stock.

Independence Realty Trust Company Profile

(Get Free Report)

Independence Realty Trust is a self-administered equity real estate investment trust that acquires, redevelops and manages multi-family communities. The company focuses on workforce housing, targeting Class A and B garden-style apartments in suburban and urban infill locations. Its core activities include sourcing value-add acquisitions, overseeing property renovations and delivering in-house property management services to optimize rental income and occupancy levels.

Headquartered in Wayne, Pennsylvania, Independence Realty Trust maintains a geographically diverse portfolio across several high-growth U.S.