MARKET COMPOSITE
IRT - Independence Realty Trust Inc8:00:02 PM 4/25/2024
Price
$15.66
-0.10 (-0.63%)
Independence Realty Trust, Inc. (NYSE: IRT) is a real estate investment trust that owns and operates multifamily apartment properties across non-gateway U.S. markets, including Atlanta, Louisville, Memphis, and Raleigh. IRT's investment strategy is focused on gaining scale within key amenity rich submarkets that offer good school districts, high-quality retail and major employment centers. IRT aims to provide stockholders attractive risk-adjusted returns through diligent portfolio management, strong operational performance, and a consistent return on capital through distributions and capital appreciation.
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Stock news

    PHILADELPHIA, April 24, 2024--Independence Realty Trust, Inc. ("IRT") (NYSE: IRT), a multifamily apartment REIT, today announced its first quarter 2024 financial results.

    Real estate investment trusts (REITs) own, operate, or finance income-generating real estate. REITs allow individuals to invest in various types of real estate without having to directly own or manage the properties. REITs typically focus on a specific type of real estate, such as residential, commercial, or industrial, and they are required to distribute a large percentage of their taxable income to shareholders in the form of dividends, making them attractive for income-seeking investors. Let'

    PHILADELPHIA, April 08, 2024--Independence Realty Trust, Inc. (NYSE: IRT) ("IRT") today announced that it expects to release its first quarter 2024 financial results after market close on Wednesday, April 24, 2024, and will hold its quarterly results conference call on Thursday, April 25, 2024 at 9:00 a.m. Eastern Time.

    PHILADELPHIA, April 02, 2024--Independence Realty Trust, Inc. (NYSE: IRT) ("IRT") announced today the sale of three properties in three markets, as part of the Company’s Portfolio Optimization and Deleveraging Strategy. The total gross sales price of the three properties was $168.1 million, with each property sale closing in March 2024.

    PHILADELPHIA, April 01, 2024--Independence Realty Trust, Inc. (NYSE: IRT) ("IRT") today announced its 2023 Sustainability Report, highlighting the progress we have made against our sustainability strategy over the last year and the initiatives we have in place to continue building a sustainable and inclusive future for our business and all of our stakeholders. For the full report, please visit https://investors.irtliving.com/sustainability/.

    Apartment REITs’ poor performance may turn around this year, according to analysts at KeyBanc Capital Markets.

    PHILADELPHIA, March 11, 2024--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 April 19, 2024 to stockholders of record at the close of business on March 29, 2024.

    PHILADELPHIA, March 04, 2024--Independence Realty Trust, Inc. (NYSE: IRT) ("IRT" or the "Company") announced today that the Company received an investment grade rating from Fitch Ratings ("Fitch"). Fitch has assigned a Long-Term Issuer Default Rating of ‘BBB’ to IRT with a stable outlook. In addition, Fitch has assigned a rating of ‘BBB’ to the company's subsidiary, Independence Realty Operating Partnership, LP and its senior unsecured debt, which includes credit facilities and unsecured term lo

    PHILADELPHIA, March 01, 2024--Independence Realty Trust, Inc. (NYSE: IRT) ("IRT" or the "Company") announced today that Scott Schaeffer, Chairman and Chief Executive Officer and Jim Sebra, Chief Financial Officer, will be participating next week in Citi’s 2024 Global Property CEO Conference held in Hollywood, FL.

    PHILADELPHIA, March 01, 2024--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 Boa