Independence Realty Trust, Inc. (IRT)
NYSE: IRT · Real-Time Price · USD
16.53
-0.22 (-1.31%)
At close: Dec 5, 2025, 4:00 PM EST
16.20
-0.33 (-2.00%)
After-hours: Dec 5, 2025, 7:38 PM EST
Independence Realty Trust Stock Forecast
Stock Price Forecast
According to 8 professional analysts, the 12-month price target for Independence Realty Trust stock ranges from a low of $18.5 to a high of $25. The average analyst price target of $21.56 forecasts a 30.43% increase in the stock price over the next year.
Price Target: $21.56 (+30.43%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Independence Realty Trust stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '25 | Aug '25 | Sep '25 | Oct '25 | Nov '25 | Dec '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 3 | 3 |
| Buy | 3 | 3 | 3 | 3 | 2 | 3 |
| Hold | 3 | 2 | 2 | 2 | 1 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 9 | 9 | 9 | 6 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keybanc | Keybanc | Buy Maintains $22 → $21 | Buy | Maintains | $22 → $21 | +27.04% | Dec 4, 2025 |
| Colliers Securities | Colliers Securities | Strong Buy → Hold Downgrades $20 → $19 | Strong Buy → Hold | Downgrades | $20 → $19 | +11.92% | Dec 4, 2025 |
| Barclays | Barclays | Hold Maintains $20 → $21 | Hold | Maintains | $20 → $21 | +27.04% | Nov 25, 2025 |
| UBS | UBS | Strong Buy Maintains $21 → $19 | Strong Buy | Maintains | $21 → $19 | +14.94% | Nov 10, 2025 |
| Wells Fargo | Wells Fargo | Buy Maintains $24 → $20 | Buy | Maintains | $24 → $20 | +20.99% | Aug 27, 2025 |
Financial Forecast
Revenue This Year
667.20M
from 640.38M
Increased by 4.19%
Revenue Next Year
698.71M
from 667.20M
Increased by 4.72%
EPS This Year
0.24
from 0.17
Increased by 39.62%
EPS Next Year
0.25
from 0.24
Increased by 6.91%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 706.0M | 756.1M | ||
| Avg | 667.2M | 698.7M | ||
| Low | 635.7M | 647.9M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 10.2% | 13.3% | ||
| Avg | 4.2% | 4.7% | ||
| Low | -0.7% | -2.9% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 0.40 | 0.34 | |
| Avg | 0.24 | 0.25 | |
| Low | 0.16 | 0.20 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 134.7% | 41.6% | |
| Avg | 39.6% | 6.9% | |
| Low | -7.8% | -17.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.