What does Independence Realty Trust, Inc. do?

Jun 22 2025 06:18 PM IST
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Independence Realty Trust, Inc. is a small-cap REIT focused on owning and managing apartment properties in non-gateway markets. As of March 2025, it reported net sales of $161 million and a net profit of $9 million.
Overview:
Independence Realty Trust, Inc. is an internally-managed real estate investment trust (REIT) engaged in owning, managing, operating, leasing, acquiring, developing, investing in, and disposing of real estate assets, specifically apartment properties in non-gateway markets. The company falls within the Realty industry and is categorized as a small-cap entity.

Financial Snapshot:
Most recent Net Sales: 161 Million (Quarterly Results - Mar 2025)
Most recent Net Profit: 9 Million (Quarterly Results - Mar 2025)
Market-cap: USD 4,276.72 Million (Small Cap)

Key Metrics:
P/E: 138.00
Dividend Yield: 253.07%
Debt Equity: -999,999.00
Return on Equity: 0.92%
Price to Book: 1.24

Contact Details:
Address: 1835 Market St Fl 2601, PHILADELPHIA PA : 19103-2935
Tel: ['1 267 2704800', '1 212 7048112']
Fax: 1 215 2439039
Website: https://www.irtliving.com/
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