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Independence Realty Trust (IRT) Stock Forecast, Price Target & Predictions

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IRT Stock Forecast

Independence Realty Trust (IRT) stock forecast, based on 27 Wall Street analysts, predicts a 12-month average price target of $20.08, with a high of $22.00 and a low of $18.00. This represents a 22.14% increase from the last price of $16.44.

$14 $15 $16 $17 $18 $19 $20 $21 $22 High: $22 Avg: $20.08 Low: $18 Last Closed Price: $16.44

IRT Stock Rating

Independence Realty Trust stock's rating consensus is Buy, based on 27 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 19 Buy (70.37%), 8 Hold (29.63%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 27 0 8 19 Strong Sell Sell Hold Buy Strong Buy

IRT Price Target Upside V Benchmarks

TypeNameUpside
StockIndependence Realty Trust22.14%
SectorReal Estate Stocks 13.34%
IndustryResidential REIT Stocks 13.39%

Price Target Trends

1M3M12M
# Anlaysts366
Avg Price Target$20.00$20.08$20.08
Last Closing Price$16.44$16.44$16.44
Upside/Downside21.65%22.14%22.14%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 26284--14
Dec, 25383--14
Nov, 25383--14
Oct, 25383--14
Sep, 25383--14
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jan 20, 2026Deutsche Bank$18.00$17.264.29%9.49%
Jan 09, 2026BMO Capital$22.00$17.4825.86%33.82%
Jan 08, 2026UBS$20.00$17.3015.61%21.65%
Dec 04, 2025KeyBanc$21.00$17.2521.74%27.74%
Dec 03, 2025Barry OxfordColliers Securities$18.50$17.257.25%12.53%
Nov 25, 2025Barclays$21.00$16.8025.00%27.74%
Oct 01, 2024Brad HeffernRBC Capital$21.00$20.502.44%27.74%
May 24, 2024Amanda SweitzerRobert W. Baird$18.00$16.588.56%9.49%
May 08, 2023Aaron HechtJMP Securities$20.00$17.0017.65%21.65%
Jan 11, 2023BTIG$21.00$17.2721.60%27.74%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Jan 20, 2026Deutsche BankBuyHolddowngrade
Jan 09, 2026CitigroupOutperformOutperformhold
Jan 09, 2026BMO CapitalOutperformupgrade
Jan 08, 2026UBSBuyBuyhold
Jul 31, 2025Compass PointNeutralBuyupgrade
May 13, 2025Compass PointBuyNeutraldowngrade
Mar 09, 2025JefferiesBuyBuyupgrade
Oct 01, 2024RBC CapitalOutperformOutperformhold
Sep 10, 2024Deutsche BankBuyBuyhold
Sep 09, 2024JMP SecuritiesOutperformOutperformhold

Financial Forecast

EPS Forecast

Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$0.08$0.15$-0.08$0.18---
Avg Forecast$0.23$0.44$0.19$0.24$0.26$0.34$0.41
High Forecast$0.24$0.45$0.20$0.24$0.27$0.35$0.42
Low Forecast$0.23$0.43$0.19$0.23$0.26$0.32$0.39
Surprise %-65.22%-65.91%-142.11%-25.00%---

Revenue Forecast

$200M $320M $440M $560M $680M $800M Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$250.25M$628.52M$660.98M$640.03M---
Avg Forecast$234.59M$629.08M$660.36M$642.43M$675.73M$703.46M$764.80M
High Forecast$237.92M$639.84M$661.83M$658.11M$685.18M$703.48M$783.47M
Low Forecast$231.07M$618.69M$659.53M$623.88M$666.28M$703.44M$742.71M
Surprise %6.68%-0.09%0.09%-0.37%---

Net Income Forecast

$-50M $-10M $30M $70M $110M $150M Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$8.19M$33.70M$-17.23M$40.03M---
Avg Forecast$39.56M$89.89M$-17.23M$53.71M$58.72M$79.23M$92.01M
High Forecast$47.47M$115.65M$-12.29M$54.97M$59.88M$79.53M$94.93M
Low Forecast$31.65M$64.13M$-22.16M$52.45M$57.55M$71.81M$88.56M
Surprise %-79.30%-62.51%--25.47%---

IRT Forecast FAQ

Is Independence Realty Trust stock a buy?

Independence Realty Trust stock has a consensus rating of Buy, based on 27 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 19 Buy, 8 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Independence Realty Trust is a favorable investment for most analysts.

What is Independence Realty Trust's price target?

Independence Realty Trust's price target, set by 27 Wall Street analysts, averages $20.08 over the next 12 months. The price target range spans from $18 at the low end to $22 at the high end, suggesting a potential 22.14% change from the previous closing price of $16.44.

How does Independence Realty Trust stock forecast compare to its benchmarks?

Independence Realty Trust's stock forecast shows a 22.14% upside, outperforming the average forecast for the real estate stocks sector (13.34%) and outperforming the residential reit stocks industry (13.39%).

What is the breakdown of analyst ratings for Independence Realty Trust over the past three months?

  • January 2026: 14.29% Strong Buy, 57.14% Buy, 28.57% Hold, 0% Sell, 0% Strong Sell.
  • December 2025: 21.43% Strong Buy, 57.14% Buy, 21.43% Hold, 0% Sell, 0% Strong Sell.
  • November 2025: 21.43% Strong Buy, 57.14% Buy, 21.43% Hold, 0% Sell, 0% Strong Sell.

What is Independence Realty Trust’s EPS forecast?

Independence Realty Trust's average annual EPS forecast for its fiscal year ending in December 2025 is $0.26, marking a 44.44% increase from the reported $0.18 in 2024. Estimates for the following years are $0.34 in 2026, and $0.41 in 2027.

What is Independence Realty Trust’s revenue forecast?

Independence Realty Trust's average annual revenue forecast for its fiscal year ending in December 2025 is $675.73M, reflecting a 5.58% increase from the reported $640.04M in 2024. The forecast for 2026 is $703.46M, and $764.8M for 2027.

What is Independence Realty Trust’s net income forecast?

Independence Realty Trust's net income forecast for the fiscal year ending in December 2025 stands at $58.72M, representing an 46.67% increase from the reported $40.03M in 2024. Projections indicate $79.23M in 2026, and $92.01M in 2027.