IRT

Analyst Sentiment

Wall St. Consensus
Buy
26 analysts·High coverage
68
Score
19 Buy (73%)7 Hold (27%)0 Sell (0%)
Rating Breakdown
Strong Buy
00%
Buy
1973%
Hold
727%
Sell
00%
Strong Sell
00%

Analyst ratings reflect Wall Street opinion, not guarantees. Historical accuracy varies by firm and sector.

Price Target Expectations

Bear
$18.00
+10.8%
Consensus
$20.50
+26.2%
Bull
$22.00
+35.4%
12-Month Target Range26 analysts
$18.00$20.50$22.00
Current $16.25Consensus
Current Price
$16.25
Upside to Consensus
$4.25

Price targets are 12-month analyst forecasts. Actual results depend on earnings, market conditions, and sector trends.

Earnings & Revenue Estimates

Forward Growth Estimates (YoY)
FY2027
Rev+3.20%
EPS+5.14%
FY2028
Rev+6.55%
EPS+61.50%
FY2029
Rev+4.33%
EPS+0.60%

Earnings Surprises

Recent Analyst Actions

Jan 20, 2026Deutsche Bank
Independence Realty Trust downgraded to Hold from Buy at Deutsche Bank
Target:$18.00
+4.3%from $17.26
Jan 9, 2026BMO Capital
Independence Realty upgraded to Outperform from Market Perform at BMO Capital
Target:$22.00
+25.9%from $17.48
Jan 8, 2026UBS
Independence Realty Trust price target raised to $20 from $19 at UBS
Target:$20.00
+15.6%from $17.30
Dec 4, 2025KeyBanc
Independence Realty Trust price target lowered to $21 from $22 at KeyBanc
Target:$21.00
+21.7%from $17.25
Dec 3, 2025Colliers Securities
Independence Realty Trust downgraded to Neutral from Buy at Colliers
Target:$18.50
+7.2%from $17.25
Nov 25, 2025Barclays
Independence Realty Trust price target raised to $21 from $20 at Barclays
Target:$21.00
+25.0%from $16.80
Oct 1, 2024RBC Capital
Independence Realty Trust price target raised to $21 from $20 at RBC Capital
Target:$21.00
+2.4%from $20.50
May 24, 2024Robert W. Baird
Independence Realty Trust (IRT) PT Raised to $18 at Baird
Target:$18.00
+8.6%from $16.57
May 8, 2023JMP Securities
IRT Reaffirms 2023 Outlook, Analyst Expects Growth To Continue With Sunbelt Portfolio Demand Drivers
Target:$20.00
+17.6%from $17.00
Jan 11, 2023BTIG
BTIG Maintains Buy on Independence Realty Trust, Lowers Price Target to $21
Target:$21.00
+21.6%from $17.27
Jan 3, 2023Jefferies
Jefferies Downgrades Independence Realty Trust to Hold, Lowers Price Target to $17
Target:$17.00
+0.8%from $16.86
Jun 30, 2022Jefferies
Jefferies Maintains Buy on Independence Realty Trust, Lowers Price Target to $24
Target:$24.00
+15.8%from $20.73
Apr 22, 2022Jefferies
Jefferies Initiates Coverage On Independence Realty Trust with Buy Rating, Announces Price Target of $32
Target:$32.00
+13.8%from $28.11
Sep 28, 2021B.Riley Financial
Independence Realty Trust (IRT) PT Raised to $19 at B.Riley
Target:$19.00
-6.7%from $20.36