Independence Realty Trust Inc
NYSE:IRT

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Independence Realty Trust Inc Logo
Independence Realty Trust Inc
NYSE:IRT
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Price: 16.195 USD 0.4% Market Closed
Market Cap: $3.8B

Wall St Price Targets

IRT Price Targets Summary
Independence Realty Trust Inc

Wall Street analysts forecast IRT stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for IRT is 19.817 USD with a low forecast of 18.18 USD and a high forecast of 23.1 USD.

Lowest Forecast
Price Target
18.18 USD
12% Upside
Average Forecast
Price Target
19.817 USD
22% Upside
Highest Forecast
Price Target
23.1 USD
43% Upside
Independence Realty Trust Inc Competitors:
Price Targets
CNS
Cohen & Steers Inc
-6% Downside
CLX
Clorox Co
12% Upside
PRV.UN
PRO Real Estate Investment Trust
14% Upside
SEVN
Philippine Seven Corp
62% Upside

Revenue
Forecast

33% / Year
Past Growth
-4% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss
33% / Year
Past Growth
-4% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Over the last 13 years, the compound annual growth rate for Revenue has been 33%. The projected CAGR for the next 3 years is -4%.

Gross Profit
Forecast

34% / Year
Past Growth
N/A
Estimated Growth
N/A
Estimates Accuracy
N/A
Average Beat/Miss
34% / Year
Past Growth
N/A
Estimated Growth
N/A
Estimates Accuracy
N/A
Average Beat/Miss
Gross Profit Forecast
is not available for Independence Realty Trust Inc

Operating Income
Forecast

30% / Year
Past Growth
6% / Year
Estimated Growth
Estimates Accuracy
0%
Average Beat
30% / Year
Past Growth
6% / Year
Estimated Growth
Estimates Accuracy
0%
Average Beat

Over the last 13 years, the compound annual growth rate for Operating Income has been 30%. The projected CAGR for the next 3 years is 6%.

Pre-Tax Income
Forecast

47% / Year
Past Growth
-5% / Year
Estimated Growth
Estimates Accuracy
58%
Average Beat
47% / Year
Past Growth
-5% / Year
Estimated Growth
Estimates Accuracy
58%
Average Beat

Over the last 13 years, the compound annual growth rate for Pre-Tax Income has been 47%. The projected CAGR for the next 3 years is -5%.

Net Income
Forecast

N/A
Past Growth
-13% / Year
Estimated Growth
Estimates Accuracy
42%
Average Beat
N/A
Past Growth
-13% / Year
Estimated Growth
Estimates Accuracy
42%
Average Beat

The compound annual growth rate for Net Income over the next 3 years is -13%.

Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What you see on other sites is mostly sourced from sell-side analysts.

What is IRT's stock price target?
Price Target
19.817 USD

According to Wall Street analysts, the average 1-year price target for IRT is 19.817 USD with a low forecast of 18.18 USD and a high forecast of 23.1 USD.

What is the Revenue forecast for Independence Realty Trust Inc?
Projected CAGR
-4%

Over the last 13 years, the compound annual growth rate for Revenue has been 33%. The projected CAGR for the next 3 years is -4%.

What is the Operating Income forecast for Independence Realty Trust Inc?
Projected CAGR
6%

Over the last 13 years, the compound annual growth rate for Operating Income has been 30%. The projected CAGR for the next 3 years is 6%.

What is the Pre-Tax Income forecast for Independence Realty Trust Inc?
Projected CAGR
-5%

Over the last 13 years, the compound annual growth rate for Pre-Tax Income has been 47%. The projected CAGR for the next 3 years is -5%.

What is the Net Income forecast for Independence Realty Trust Inc?
Projected CAGR
-13%

The compound annual growth rate for Net Income over the next 3 years is -13%.

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