Independence Realty Trust IRT
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
Key Insights
Independence Realty Trust (IRT) Core Market Data and Business Metrics
Latest Closing Price
$21.38Price-Earnings Ratio
125.76Total Outstanding Shares
231.12 Million SharesDividend
$0.16 Per Share QuarterlySIC Description
Real Estate Investment TrustsPrimary Exchange
New York Stock ExchangeHeadquarters
1835 Market Street, Philadelphia, PA, 19103
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Short Interest
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Avg Daily Volume | Days to Cover | Settlement Date | Short Interest |
|---|---|---|---|
| 2,170,882 Shares | 8.26 | 3/14/2025 | 17,924,606 Shares |
| 2,733,198 Shares | 6.33 | 2/28/2025 | 17,305,813 Shares |
| 1,703,323 Shares | 12.75 | 2/14/2025 | 21,713,251 Shares |
| 1,427,702 Shares | 15.69 | 1/31/2025 | 22,399,806 Shares |
| 1,657,067 Shares | 13.23 | 1/15/2025 | 21,918,065 Shares |
| 1,980,710 Shares | 11.29 | 12/31/2024 | 22,354,494 Shares |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Investing Activities | $-20.61 Million |
| Net Cash Flow From Operating Activities | $259.75 Million |
| Net Cash Flow | $-7.28 Million |
| Net Cash Flow From Operating Activities, Continuing | $259.75 Million |
| Net Cash Flow From Financing Activities | $-246.43 Million |
| Net Cash Flow, Continuing | $-7.28 Million |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Benefits Costs and Expenses | $600.00 Million |
| Net Income/Loss Attributable To Noncontrolling Interest | $742,000 |
| Operating Expenses | $514.54 Million |
| Participating Securities, Distributed And Undistributed Earnings/Loss, Basic | $0 |
| Income/Loss From Continuing Operations After Tax | $40.03 Million |
| Income/Loss From Equity Method Investments | $347,000 |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $738,000 |
| Comprehensive Income/Loss | $40.58 Million |
| Comprehensive Income/Loss Attributable To Parent | $39.84 Million |
| Other Comprehensive Income/Loss | $548,000 |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Equity | $3.58 Billion |
| Long-term Debt | $2.33 Billion |
| Noncurrent Liabilities | $0 |
| Current Liabilities | $2.48 Billion |
| Assets | $6.06 Billion |
| Current Assets | $6.06 Billion |
Historical Dividends
Current dividend: $0.16 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Mar 10, 2025 | Apr 21, 2025 | Mar 28, 2025 | $0.16 | Quarterly |
| Dec 16, 2024 | Jan 17, 2025 | Dec 31, 2024 | $0.16 | Quarterly |
| Sep 17, 2024 | Oct 18, 2024 | Sep 30, 2024 | $0.16 | Quarterly |
| Jun 10, 2024 | Jul 19, 2024 | Jun 28, 2024 | $0.16 | Quarterly |
| Mar 11, 2024 | Apr 19, 2024 | Mar 29, 2024 | $0.16 | Quarterly |
| Dec 11, 2023 | Jan 19, 2024 | Dec 29, 2023 | $0.16 | Quarterly |