IRT Living (IRT)
NYSEReal EstateReit - ResidentialSnapshot 2026-09-04
$16.09-0.25%
Close 2026-09-04 · 1-day change
NYSEReal EstateReit - ResidentialSnapshot 2026-09-04
QuarterlyIQ Insights · IRT
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 28.0% |
| Our one-year growth estimate | diamond | 3.5% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Usually moved in the opposite direction.
Price observations: 365 days
Most sensitive to the broad stock market and real (inflation-adjusted) rates.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 24.4 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-09-04 · Compared with 16 industry peers · Company calendar date is not available
IRT — M&A activity — Termination of a Material Definitive Agreement
Dated 2026-06-12
Termination of a Material Definitive Agreement. On June 12, 2026, Independence Realty Trust, Inc. (the “Company”) and Independence Realty Operating Partnership, LP, the limited partnership through which the Company owns its assets and conducts its operations (the “Operating Partnership”), filed with the U.S. Securities and Exchange Commission (the “SEC”) an automatic shelf registration statement on Form S-3ASR (Registration No. 333-296751) (the “New Registration Statement”) to replace its the…
Why it matters: Affirming EPS guidance shows management's confidence in earnings growth. It can boost investor trust.
Supportive ifManagement confirms 2026 EPS guidance remains between $0.22 and $0.27 per share.
Worry ifManagement revises 2026 EPS guidance down from the current range.
Why it matters: A major acquisition could enhance growth and market position. It indicates confidence in future cash flows.
Supportive ifA purchase over $30 million is announced.
Worry ifNo big acquisitions are announced in the next quarter.
Why it matters: More buybacks could signal management's confidence in the stock and support share price.
Supportive ifThere is an announcement for more stock repurchases. This is beyond the current $190.1 million.
Worry ifNo new announcements of stock repurchases or a halt in the program.
Why it matters: Same-store NOI growth reflects the health of the rental portfolio. Strong growth signals operational strength.
Supportive ifSame-store NOI growth exceeds 2.0% for the next quarter.
Worry ifSame-store NOI growth falls below 1.0% for the next quarter.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$91 on $10,000 · ±0.9% | How much price usually moves either way. |
| Bad day | $231 loss on $10,000 · 2.3% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $1,557 loss on $10,000 · 15.6% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: Closing this sale would improve cash flow and liquidity. It can strengthen the balance sheet.
Supportive ifStonebridge Crossings will close its sale in Q3 2026.
Worry ifThe sale of Stonebridge Crossings is delayed or canceled.
Why it matters: Higher dividends show good financial health. They can bring in more investors.
Supportive ifManagement announces a new dividend. It will be over $0.18 per share.
Worry ifManagement cuts or stops the dividend.
Why it matters: The earnings report will show if revenue growth is improving or still slowing. Investors will react to this data.
Watch forQ2 revenue growth speeds up again. This shows a good trend.
Also watch forQ2 revenue growth continues to decline or stays flat, showing no improvement.
Why it matters: Slow growth in rental revenue may show problems with leasing and occupancy.
Worry ifQ3 rental revenue growth reported below 1.0%.
Less concerning ifQ3 rental revenue growth reported above 1.0%.
Why it matters: Keeping the dividend shows financial strength and care for shareholders. Cutting it shows trouble.
Supportive ifDividend per share remains at $0.17 in Q2.
Worry ifDividend per share is cut below $0.17 in Q2.
Why it matters: More renovations show good work in the Value Add program. This helps make more money.
Supportive ifCompletion of renovations exceeds 600 units for the year.
Worry ifCompletion of renovations is below 600 units for the year.
Why it matters: This may show that earnings growth is slowing. It could hurt investor confidence.
Worry ifQ3 EPS reported below $0.22.
Less concerning ifQ3 EPS reported at or above $0.22.
Why it matters: An increase would show better cash flow management, which is crucial for growth.
Supportive ifCash from operating activities goes up from $55.3M in Q1 2026.
Worry ifCash from operating activities goes down from $55.3M in Q1 2026.
Why it matters: Successful completion could lead to higher rents and improved NOI. It is key for growth.
Supportive ifAll planned renovations for the Value Add initiative will finish by the end of 2026.
Worry ifRenovations are delayed or not completed as planned.
Why it matters: An increase would show confidence in cash flow and commitment to returning value to shareholders.
Supportive ifAnnouncement of a dividend increase from $0.18 per share.
Worry ifThere is no announcement about a dividend increase.
Why it matters: A drop in retention may show tenant unhappiness. This could hurt future rental income.
Worry ifResident retention rate falls below 60%.
Less concerning ifResident retention rate is still over 60%.