15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 8 firms covering Independence Realty Trust Inc, 6 rate it Buy or better, 2 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets are tightly clustered, $19.00 to $20.00, so the covering firms are broadly aligned. The average target of $19.33 sits 16% above the current $16.69. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.05 next quarter toward $0.15 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS8 ratings
Moderate Buy
Strong Buy00%
Buy675%
Hold225%
Sell00%
Strong Sell00%
Based on 8 analysts giving stock ratings to Independence Realty Trust Inc.
As of Jul, 6 of 8 firms rate IRT a Buy (2 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
IRT EPS & revenue forecast
EPS · NEXT QUARTER
$0.05
Range $0.05 – $0.05 · 1 analysts · +13% YoY
Next period, 1 analysts expect Independence Realty Trust Inc to earn $0.05 a share (range $0.05 – $0.05), versus $0.04 a year earlier. Full-year consensus is $0.13, growing to $0.15 the year after.
REVENUE · NEXT QUARTER
$170.0M
Range $167.7M – $172.4M · 1 analysts · +2% YoY
Revenue is expected to reach $170.0M (range $167.7M – $172.4M), +1.9% year-over-year. Full-year consensus is $672.5M, rising to $692.9M next year.
Top analysts covering Independence Realty Trust Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on IRT.
#1
Aaron Hecht
JMP Securities · Rank #221
Buy
$22.00+31.8% to target
Overall win rate
42%
+ Follow
#2
James Feldman
Wells Fargo
Buy
$19.00+13.8% to target
Coverage
—
+ Follow
#3
Richard Hightower
Barclays
Buy
$20.00+19.8% to target
Coverage
—
+ Follow
#4
AP
Ami Probandt
UBS
Buy
$19.00+13.8% to target
Coverage
—
+ Follow
#5
Barry Oxford
Colliers Securities
Hold
$17.00+1.9% to target
Coverage
—
+ Follow
IRT stock forecast FAQ
What is IRT's average 12-month price target?+
The 3 analysts with a live target average $19.33 for Independence Realty Trust Inc over the next 12 months, ranging from a $20.00 high to a $19.00 low.
Is IRT stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 8 analyst ratings, 6 are Buy or Strong Buy, 2 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for IRT?+
The Street-high target is $20.00 (Barclays), and the Street-low is $19.00 (Wells Fargo). The average of all 3 active targets is $19.33.
How many Wall Street analysts cover IRT?+
8 analysts have an active rating on Independence Realty Trust Inc, and 3 firms carry a live 12-month price target.
Who is the most accurate analyst covering IRT?+
Among analysts who currently cover IRT, Aaron Hecht of JMP Securities has the strongest overall Quantellect track record (Rank #221). Their current call is Buy with a $22.00 target.
What is Independence Realty Trust Inc's projected EPS for next quarter?+
The consensus estimate is $0.05 per share (range $0.05 – $0.05) across 1 analysts. Full-year EPS is projected at $0.13, rising to $0.15 the following year.
How much revenue is Independence Realty Trust Inc expected to report next quarter?+
Consensus revenue is $170.0M (range $167.7M – $172.4M). Full-year revenue is projected at $672.5M, growing to $692.9M next year.
Have analysts been upgrading or downgrading IRT lately?+
As of Jul, 6 of 8 firms rate IRT a Buy (2 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their IRT calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
