Independence Realty Trust, Inc. (IRT) Stock Forecast
Data as of May 2, 2026Real Estate · Current price $16.28 (-0.12%)
Price Target Range
Consensus Price Target Over Time
Analyst Rating Distribution
Last 3 Months
6-Month Trend
Latest Analyst Forecasts
Price targets issued by Wall Street analysts. Upside calculated against today's price.
| Date | Analyst | Firm | Price Target | Upside |
|---|---|---|---|---|
| Dec 3, 2025 | Barry Oxford | Colliers Securities | $18.50 | +13.6% |
| Oct 1, 2024 | Brad Heffern | RBC Capital | $21.00 | +29.0% |
| May 24, 2024 | Amanda Sweitzer | Robert W. Baird | $18.00 | +10.6% |
| May 8, 2023 | Aaron Hecht | JMP Securities | $20.00 | +22.9% |
| Sep 28, 2021 | Craig Kucera | B.Riley Financial | $19.00 | +16.7% |
Top Analysts Covering IRT
IRT vs Sector & Market
| Metric | IRT | Real Estate Avg | Large Cap Avg |
|---|---|---|---|
| Analyst Rating | 2.40 | 2.59 | 2.41 |
| Analyst Count | 10 | 8 | 18 |
| Target Upside | +23.3% | +42.3% | +14.9% |
| P/E Ratio | 79.88 | 25.47 | 31.19 |
Revenue Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $667M | $676M | $685M | 6 |
| 2027-03-31 | $167M | $169M | $170M | 3 |
| 2027-06-30 | $170M | $172M | $173M | 2 |
| 2027-09-30 | $173M | $175M | $176M | 2 |
| 2027-12-31 | $173M | $175M | $176M | 3 |
| 2028-03-31 | $179M | $182M | $183M | 2 |
| 2028-06-30 | $181M | $183M | $184M | 1 |
| 2028-09-30 | $183M | $185M | $186M | 1 |
| 2028-12-31 | $184M | $187M | $188M | 2 |
| 2029-12-31 | $763M | $773M | $783M | 1 |
EPS Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $0.15 | $0.15 | $0.16 | 2 |
| 2027-03-31 | $0.02 | $0.02 | $0.02 | 1 |
| 2027-06-30 | $0.04 | $0.04 | $0.04 | 1 |
| 2027-09-30 | $0.05 | $0.05 | $0.05 | 1 |
| 2027-12-31 | $0.07 | $0.07 | $0.07 | 1 |
| 2028-03-31 | $0.04 | $0.04 | $0.04 | 1 |
| 2028-06-30 | $0.08 | $0.08 | $0.08 | 1 |
| 2028-09-30 | $0.09 | $0.09 | $0.09 | 1 |
| 2028-12-31 | $0.12 | $0.12 | $0.12 | 1 |
| 2029-12-31 | $0.28 | $0.28 | $0.28 | 1 |
Frequently Asked Questions
What is the analyst consensus for IRT?
The consensus among 10 analysts covering Independence Realty Trust, Inc. (IRT) is Buy with an average price target of $20.08.
What is the highest price target for IRT?
The highest price target for IRT is $21.00, set by Brad Heffern at RBC Capital on 2024-10-01.
What is the lowest price target for IRT?
The lowest price target for IRT is $18.00, set by Amanda Sweitzer at Robert W. Baird on 2024-05-24.
How many analysts cover IRT?
10 analysts have issued ratings for Independence Realty Trust, Inc. in the past 12 months.
Is IRT a buy or sell right now?
Based on 10 analyst ratings, IRT has a consensus rating of Buy (2.40/5) with a +23.3% upside to the consensus target of $20.08.
What are the earnings estimates for IRT?
Analysts estimate IRT will report EPS of $0.15 for the period ending 2026-12-31, with revenue estimated at $676M.
Related Stock Forecasts
Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.