Earnings Analysis of: Independence Realty Trust, Inc. (NYSEMKT:IRT)


Independence Realty Trust, Inc. (NYSEMKT:IRT) will report its next earnings on Feb 16 – Feb 20 (Est.). The company reported the earnings of $0.21/Share in the last quarter where the estimated EPS by analysts was $0.22/share. The difference between the expected and actual EPS was $-0.01/share, which represents an Earnings surprise of -4.5%.

In case of Revenue Estimates, 5 analysts have provided their consensus Average Revenue Estimates for Independence Realty Trust, Inc. as 38.69 Million. According to these analysts, the Low Revenue Estimate for Independence Realty Trust, Inc. is 38.3 Million and the High Revenue Estimate is 39.17 Million. The company had Year Ago Sales of 39.71 Million.

Some buy side analysts are also providing their Analysis on Independence Realty Trust, Inc., where 3 analysts have rated the stock as Strong buy, 2 analysts have given a Buy signal, 2 said it’s a HOLD, 0 reported it as Underperform and 0 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)

When it comes to the Analysis of a Stock, Price Target plays a vital role. 6 Analysts reported that the Price Target for Independence Realty Trust, Inc. might touch $11 high while the Average Price Target and Low price Target is $10 and $9 respectively.

To analyze a stock, one should look for Upgrades and Downgrades of a stock. Independence Realty Trust, Inc. got Initiated on 7-Apr-16 where investment firm FBR Capital Initiated the stock to Mkt Perform.

Independence Realty Trust, Inc. closed its last trading session at $8.72 with the loss of -1.95%. The Market Capitalization of the company stands at 589.95 Million. The stock’s current distance from 20-Day Simple Moving Average (SMA20) is -0.34% where SMA50 and SMA200 are -3.74% and 4.6% respectively.

The Relative Volume of the company is 5.97 and Average Volume (3 months) is 1.36 million. Independence Realty Trust, Inc. P/E (price to earnings) ratio is 11.43 and Forward P/E ratio of 45.

The company shows its Return on Assets (ROA) value of 2.6%. The Return on Equity (ROE) value stands at 9.6%. While it’s Return on Investment (ROI) value is 0%.

While looking at the Stock’s Performance, Independence Realty Trust, Inc. currently shows a Weekly Performance of -3.93%, where Monthly Performance is 2.64%, Quarterly performance is -9.52%, 6 Months performance is 9.62% and yearly performance percentage is 9.48%. Year to Date performance value (YTD perf) value is 13.85%. The Stock currently has a Weekly Volatility of 2.69% and Monthly Volatility of 3.32%.