15-min delayed · Sep 9, 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 $19.25 sits 26% above the current $15.23. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 5 to 6 over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.18 next quarter toward $0.16 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 Sep, 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
$0.18
Range $0.18 – $0.18 · 1 analysts · +205% YoY
Next period, 1 analysts expect Independence Realty Trust Inc to earn $0.18 a share (range $0.18 – $0.18), versus $0.06 a year earlier. Full-year consensus is $0.24, growing to $0.16 the year after.
REVENUE · NEXT QUARTER
$172.0M
Range $169.8M – $174.7M · 1 analysts · +3% YoY
Revenue is expected to reach $172.0M (range $169.8M – $174.7M), +3.1% year-over-year. Full-year consensus is $674.6M, rising to $697.5M 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 #237
Buy
$22.00+44.5% to target
Overall win rate
46%
+ Follow
#2
James Feldman
Wells Fargo
Buy
$21.00+37.9% to target
Coverage
—
+ Follow
#3
Barry Oxford
Colliers Securities
Hold
$18.00+18.2% to target
Coverage
—
+ Follow
#4
Richard Hightower
Barclays
Buy
$20.00+31.3% to target
Coverage
—
+ Follow
#5
AP
Ami Probandt
UBS
Buy
$19.00+24.8% to target
Coverage
—
+ Follow
IRT stock forecast FAQ
What is IRT's average 12-month price target?+
The 4 analysts with a live target average $19.25 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 (RBC Capital). The average of all 4 active targets is $19.25.
How many Wall Street analysts cover IRT?+
8 analysts have an active rating on Independence Realty Trust Inc, and 4 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 #237). 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 $0.18 per share (range $0.18 – $0.18) across 1 analysts. Full-year EPS is projected at $0.24, rising to $0.16 the following year.
How much revenue is Independence Realty Trust Inc expected to report next quarter?+
Consensus revenue is $172.0M (range $169.8M – $174.7M). Full-year revenue is projected at $674.6M, growing to $697.5M next year.
Have analysts been upgrading or downgrading IRT lately?+
As of Sep, 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.
