$19.74
1.10% yesterday
NYSE, Dec 30, 08:45 pm CET
ISIN
US45378A1060
Symbol
IRT

Independence Realty Trust, Inc. Target price 2024 - Analyst rating & recommendation

Independence Realty Trust, Inc. Classifications & Recommendation:

Buy
67%
Hold
33%

Independence Realty Trust, Inc. Price Target

Target Price $21.63
Price $19.80
Potential
Number of Estimates 12
12 Analysts have issued a price target Independence Realty Trust, Inc. 2025 . The average Independence Realty Trust, Inc. target price is $21.63. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 12 analysts: 8 Analysts recommend Independence Realty Trust, Inc. to buy, 4 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Independence Realty Trust, Inc. stock has an average upside potential 2025 of . Most analysts recommend the Independence Realty Trust, Inc. stock at Purchase.

Sales and Margin forecast 2024, 2025 to 2027

Create a premium account to unlock analyst estimates. Learn more

Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 660.98 642.20
5.16% 2.84%
EBITDA Margin 55.00% 54.52%
0.73% 0.88%
Net Margin -2.72% 8.55%
114.35% 413.84%

8 Analysts have issued a sales forecast Independence Realty Trust, Inc. 2024 . The average Independence Realty Trust, Inc. sales estimate is

$642m
Unlock
. This is
0.61% lower
Unlock
than the revenue of the last 12 months(TTM). The highest sales forecast is
$651m 0.73%
Unlock
, the lowest is
$639m 1.12%
Unlock
.

This results in the following potential growth metrics:

Revenue Estimates

2023 $661m 5.16%
2024
$642m 2.84%
Unlock
2025
$676m 5.23%
Unlock
2026
$703m 3.99%
Unlock

7 Analysts have issued an Independence Realty Trust, Inc. EBITDA forecast 2024. The average Independence Realty Trust, Inc. EBITDA estimate is

$350m
Unlock
. This is
0.22% lower
Unlock
than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$354m 0.94%
Unlock
, the lowest is
$345m 1.58%
Unlock
.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $364m 5.93%
2024
$350m 3.69%
Unlock
2025
$375m 7.12%
Unlock
2026
$399m 6.28%
Unlock
2027
$422m 5.77%
Unlock

EBITDA Margin

2023 55.00% 0.73%
2024
54.52% 0.88%
Unlock
2025
55.50% 1.80%
Unlock
2026
56.72% 2.20%
Unlock

Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2027

Create a premium account to unlock analyst estimates. Learn more

Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ -0.08 0.24
115.09% 400.00%
P/E 81.80
EV/Sales 10.69

Based on analysts' sales estimates for 2024, the Independence Realty Trust, Inc. stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

10.69
Unlock
and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 10.63 12.73%
2024
10.69 0.59%
Unlock
2025
10.16 4.97%
Unlock
2026
9.77 3.84%
Unlock

P/S ratio

Current 6.95 33.26%
2024
7.00 0.61%
Unlock
2025
6.65 4.97%
Unlock
2026
6.39 3.84%
Unlock

Register for Free

StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.

The Apple stock at a glance with charts, current key metrics, news and stock analyses.
The Best Dividend Stocks in the Dividend Top Scorer list.
Stock Analyses of the Best Stocks Worldwide.
Start building wealth today