8-K - INDEPENDENCE REALTY TRUST, INC. (0001466085) (Filer)

10-Q - INDEPENDENCE REALTY TRUST, INC. (0001466085) (Filer)

8-K - INDEPENDENCE REALTY TRUST, INC. (0001466085) (Filer)

8-K - INDEPENDENCE REALTY TRUST, INC. (0001466085) (Filer)

8-K - INDEPENDENCE REALTY TRUST, INC. (0001466085) (Filer)

424B5 - INDEPENDENCE REALTY TRUST, INC. (0001466085) (Filer)

8-K - INDEPENDENCE REALTY TRUST, INC. (0001466085) (Filer)

10-Q - INDEPENDENCE REALTY TRUST, INC. (0001466085) (Filer)

8-K - INDEPENDENCE REALTY TRUST, INC. (0001466085) (Filer)

8-K - INDEPENDENCE REALTY TRUST, INC. (0001466085) (Filer)

Independence Realty Trust, Inc. (NYSE:IRT) ("IRT") today announced that Scott Schaeffer, Chairman and Chief Executive Officer, Jim Sebra, Chief Financial Officer and President, Jason Delozier, Chief Accounting Officer and Janice Richards, SVP of Operations are scheduled to host meetings with investors and analysts at Nareit's REITworld 2024 Annual Conference in Las Vegas on November 19 and 20. The company has posted its November Investor Presentation on its website at www.irtliving.com in the Investor Relations section under Presentations. About Independence Realty Trust, Inc. Independence Realty Trust, Inc. (NYSE:IRT) is a real estate investment trust that owns and operates multifami

Independence Realty Trust, Inc. ("IRT") (NYSE:IRT), a multifamily apartment REIT, today announced its third quarter 2024 financial results and that it has received a ‘BBB' issuer credit rating and stable outlook from S&P Global Ratings. Third Quarter Highlights Net income available to common shares of $12.4 million for the quarter ended September 30, 2024 compared to $3.9 million for the quarter ended September 30, 2023. Earnings per diluted share of $0.05 for the quarter ended September 30, 2024 compared to $0.02 for the quarter ended September 30, 2023. Same-store portfolio net operating income ("NOI") growth of 2.2% for the quarter ended September 30, 2024 compared to the quarter

Independence Realty Trust, Inc. (NYSE:IRT) ("IRT") announced today that its communities in Tampa and Orlando, Florida were minimally impacted by Hurricane Milton. "We extend our heartfelt thoughts to everyone affected by Hurricane Milton," said Scott Schaeffer, Chairman and CEO of IRT. "We are especially thankful to our on-site teams for their dedication in preparing our communities for this storm and responding quickly to ensure our residents remained safe." About Independence Realty Trust, Inc. Independence Realty Trust, Inc. (NYSE:IRT) is a real estate investment trust that owns and operates multifamily communities, across non-gateway U.S. markets including Atlanta, GA, Dallas, TX, Den

Independence Realty Trust, Inc. (NYSE:IRT) ("IRT") today announced that it expects to release its third quarter 2024 financial results after market close on Wednesday, October 30, 2024, and will hold its quarterly results conference call on Thursday, October 31, 2024 at 9:00 a.m. Eastern Time. The live conference call can be accessed from the investor relations section of the IRT website at investors.irtliving.com or by dialing 1.888.440.3307, access code 1963990. A replay of the conference call will be available shortly following the live call on the investor relations section of IRT's website and telephonically until Thursday, November 7, 2024 at 11:59 p.m. Eastern Time by dialing 1.800.

Independence Realty Trust, Inc. (NYSE:IRT) ("IRT") announced today the Company's apartment communities did not incur any significant damage as a result of Hurricane Helene. "We are grateful to report that all of our residents and employees in the areas that were impacted by Hurricane Helene are safe, and that our properties have not sustained any significant damage," said Scott Schaeffer, Chairman and CEO of IRT. "Our highest priority is the safety of our residents and employees, and we thank our on-site teams for their support in preparing for and responding to the storm. We will keep our stakeholders updated if there is a change in the status of our communities as we assess any residual

Independence Realty Trust, Inc. (NYSE:IRT) ("IRT") announced that today IRT's board of directors declared a quarterly dividend of $0.16 per share of IRT common stock, payable on October 18, 2024 to stockholders of record at the close of business on September 30, 2024. About Independence Realty Trust, Inc. Independence Realty Trust, Inc. (NYSE:IRT) is a real estate investment trust that owns and operates multifamily communities, across non-gateway U.S. markets including Atlanta, GA, Dallas, TX, Denver, CO, Columbus, OH, Indianapolis, IN, Raleigh-Durham, NC, Oklahoma City, OK, Nashville, TN, Houston, TX, and Tampa, FL. IRT's investment strategy is focused on gaining scale near major employm

Independence Realty Trust, Inc. ("IRT") (NYSE:IRT), a multifamily apartment REIT, today announced the closing of its previously announced underwritten public offering of 11,500,000 shares of common stock at a public offering price of $19.75 per share, including 1,500,000 shares sold pursuant to the exercise in full of the underwriters' option to purchase additional shares of common stock. In connection with the offering, IRT entered into forward sale agreements with Citigroup. Citigroup, KeyBanc Capital Markets Inc., RBC Capital Markets, LLC, BofA Securities, Barclays, BMO Capital Markets Corp., Baird, Capital One Securities, Inc., Citizens JMP Securities, LLC, Jefferies LLC, Regions Secu

Independence Realty Trust, Inc. ("IRT") (NYSE:IRT), a multifamily apartment REIT, today announced the pricing of its public offering of 10,000,000 shares of common stock at a price of $19.75 per share in connection with the forward sale agreement described below. The Company also granted the underwriters a 30-day option to purchase up to 1,500,000 additional shares. The offering is expected to close on or about September 5, 2024, subject to customary closing conditions. Citigroup, KeyBanc Capital Markets and RBC Capital Markets, LLC are acting as joint book-running managers for the offering. IRT has entered into a forward sale agreement with Citigroup (the "forward purchaser") with resp

Independence Realty Trust, Inc. ("IRT") (NYSE:IRT), a multifamily apartment REIT, today announced that it is commencing an underwritten public offering of 10,000,000 shares of common stock, par value $0.01 per share, in connection with the forward sale agreements described below. IRT expects to grant the underwriters a 30-day option to purchase up to 1,500,000 additional shares of common stock. Citigroup, KeyBanc Capital Markets and RBC Capital Markets, LLC are acting as joint book-running managers for the offering. IRT expects to enter into a forward sale agreement with Citigroup or one of its affiliates (the "forward purchaser") with respect to 10,000,000 shares of its common stock (a

Independence Realty Trust, Inc. (NYSE:IRT) ("IRT") announced today that Jim Sebra, the Company's Chief Financial Officer has been appointed to President and Chief Financial Officer. Mr. Sebra will retain his current responsibilities for overseeing the finance, accounting, tax, IT and investor relations functions, and will now also oversee the Company's operational functions. "These changes are part of good corporate governance and recognize Jim's contribution to IRT's success," said Scott Schaeffer, IRT's Chairman and CEO. About Independence Realty Trust, Inc. Independence Realty Trust, Inc. (NYSE:IRT) is a real estate investment trust that owns and operates multifamily communities, a

BMO Capital Markets upgraded Independence Realty Trust from Underperform to Market Perform and set a new price target of $21.00 from $19.00 previously

Deutsche Bank initiated coverage of Independence Realty Trust with a rating of Buy and set a new price target of $18.00

BMO Capital Markets downgraded Independence Realty Trust from Market Perform to Underperform and set a new price target of $15.00 from $14.00 previously

BMO Capital Markets downgraded Independence Realty Trust from Outperform to Market Perform and set a new price target of $19.00

JMP Securities upgraded Independence Realty Trust from Mkt Perform to Mkt Outperform and set a new price target of $20.00

JMP Securities initiated coverage of Independence Realty Trust with a rating of Mkt Perform

Deutsche Bank downgraded Independence Realty Trust from Buy to Hold and set a new price target of $19.00 from $22.00 previously

Jefferies downgraded Independence Realty Trust from Buy to Hold and set a new price target of $17.00 from $20.00 previously

Jefferies resumed coverage of Independence Realty Trust with a rating of Buy and set a new price target of $20.00 from $26.00 previously

BTIG Research resumed coverage of Independence Realty Trust with a rating of Buy and set a new price target of $27.00

Waives Option to Classify Board Under Maryland Law Independence Realty Trust, Inc. (NYSE:IRT) ("IRT" or the "Company") today announced the appointment of Craig Macnab to its Board of Directors (the "Board"), effective February 29, 2024. Mr. Macnab brings over 20 years of experience to IRT's Board after serving in various executive and board roles in the REIT industry, including most recently as CEO of National Retail Properties, Inc. (NYSE:NNN) for 13 years. Mr. Macnab's appointment increases the size of IRT's Board to 10 members, including 8 independent directors. In connection with this announcement, the Company has entered into a cooperation agreement with Argosy-Lionbridge Management,

PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (“IRT”) (NYSE: IRT), a multifamily apartment REIT, today announced its fourth quarter and full year 2020 financial results. Fourth Quarter Highlights Net income available to common shares of $13.3 million for the quarter ended December 31, 2020 compared to $23.8 million for the quarter ended December 31, 2019. Earnings per diluted share of $0.14 for the quarter ended December 31, 2020 compared to $0.26 for the quarter ended December 31, 2019. The quarter ended December 31, 2020 included $9.4 million of gains on sale of real estate assets, net, whereas the quarter ended December 31, 2019 included $20.7 million of gains

PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (NYSE: IRT) (“IRT”) announced today the appointment of Lisa Washington as an independent director to IRT’s Board of Directors, effective January 5, 2021. The appointment increases the size of the Board from six to seven directors. “Lisa brings to IRT her expertise as an accomplished legal executive and corporate officer,” said Scott Schaeffer, IRT’s Chairman and CEO. “Lisa has more than 25 years of experience in corporate governance and public company compliance. She will add a valuable perspective to our company and be an important contributor as IRT continues to grow and deliver value for our stakeholders.” “The appo

Independence Realty Trust (NYSE:IRT) reported quarterly earnings of $0.27 per share which met the analyst consensus estimate. The company reported quarterly sales of $160.331 million which missed the analyst consensus estimate of $161.029 million by 0.43 percent. This is a 0.50 percent decrease over sales of $161.135 million the same period last year.

Baird analyst Wesley Golladay maintains Independence Realty Trust (NYSE:IRT) with a Outperform and raises the price target from $16 to $17.

The recent uptick in rental prices presents a mixed bag for investors, buoying the outlook for residential real estate stocks while simultaneously stirring inflationary concerns that could complicate efforts to achieve the Federal Reserve’s 2% inflation target. What Happened: The median U.S. asking rent saw a 2.2% increase year over year in February, reaching $1,981, marking the most significant gain since January 2023, with a month-on-month increase of 0.9%, as revealed by Redfin. This rise is partly attributed to the “base effect,” given that rents were at their lowest in February 2023, leading to an amplified annual rate increase. The rental price surge is predominantly driven by t

Throughout the last three months, 4 analysts have evaluated Independence Realty Trust (NYSE:IRT), offering a diverse set of opinions from bullish to bearish. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 3 0 1 0 Last 30D 0 1 0 0 0 1M Ago 0 2 0 0 0 2M Ago 0 0 0 0 0 3M Ago 0 0 0 1 0 Insights from analysts' 12-month price targets are revealed, presenting an average target of $16.75, a high estimate of $18.00, and a low estimate of $15.00. This current average has decreased by 5

JMP Securities analyst Aaron Hecht maintains Independence Realty Trust (NYSE:IRT) with a Market Outperform and raises the price target from $15 to $17.

RBC Capital analyst Brad Heffern maintains Independence Realty Trust (NYSE:IRT) with a Outperform and raises the price target from $16 to $17.

Independence Realty Trust (NYSE:IRT) reported quarterly earnings of $0.30 per share which met the analyst consensus estimate. The company reported quarterly sales of $166.73 million which met the analyst consensus estimate. This is a 2.61 percent increase over sales of $162.49 million the same period last year.

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