INDEPENDENCE REALTY TRUST, INC. (IRT)
Real Estate Investment Trusts
Latest Price
$15.17
TTM P/E
84.28
Normalized P/E
61.17
Div Yield
4.55%
Book Value
14.27
P/B Ratio
1.06
Valuation metrics
adjust assumptions →EPS: $0.24
Book value / share: $14.58
Formula: √(22.5 × EPS × BVPS)
Graham Number
$8.87
42% downside
EPS: $0.24
Target P/E: 61×
Formula: EPS × P/E
P/E Fair Value
$14.64
4% downside
Institutional Ownership
99.0% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 36.07M | $601.0M | 15.30% | +376.1K | 2026-06-30 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 21.80M | $363.0M | 9.25% | +391.0K | 2026-06-30 |
| STATE STREET CORP | 12.98M | $218.0M | 5.51% | -89.8K | 2026-06-30 |
| VANGUARD CAPITAL MANAGEMENT LLC | 10.61M | $177.0M | 4.50% | -6.5K | 2026-06-30 |
| ALLIANCEBERNSTEIN L.P. | 7.94M | $118.0M | 3.37% | -310.7K | 2026-06-30 |
| PRUDENTIAL FINANCIAL INC | 7.87M | $131.0M | 3.34% | +7.5K | 2026-06-30 |
| GEODE CAPITAL MANAGEMENT, LLC | 6.99M | $116.0M | 2.96% | +315.2K | 2026-06-30 |
| T. Rowe Price Investment Management, Inc. | 6.47M | $107.0M | 2.74% | -3.53M | 2026-06-30 |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | 5.57M | $92.0M | 2.36% | -1.26M | 2026-06-30 |
| MORGAN STANLEY | 5.51M | $91.0M | 2.34% | -270.1K | 2026-06-30 |