Independence Realty Trust, Inc. (IRT) — Analyst outlook / Analyst consensus target is. Based on 27 analyst ratings, the consensus is bullish — 19 Buy, 8 Hold.
The consensus price target is $20.08 (low: $18.00, high: $22.00), representing an upside of 27.9% from the current price $15.70.
Analysts estimate Earnings Per Share (EPS) of $0.24 and revenue of $0.64B for the next fiscal year.
Earnings Per Share (EPS) track record: 2024: actual $0.17 vs est $0.24 (missed -30%). 2025: actual $0.24 vs est $0.19 (beat +29.1%). Analyst accuracy: 67%.
IRT Stock — 12-Month Price Forecast
$20.08
▲ +27.90% Upside
Average Price Target
Based on 27 Wall Street analysts offering 12-month price targets for Independence Realty Trust, Inc., the average price target is $20.08, with a high forecast of $22.00, and a low forecast of $18.00.
The average price target represents a +27.90% change from the last price of $15.70.
Highest Price Target
$22.00
Average Price Target
$20.08
Lowest Price Target
$18.00
IRT Analyst Ratings
Buy
Based on 27 analysts giving stock ratings to Independence Realty Trust, Inc. in the past 3 months
EPS Estimates — IRT
67%
Analyst Accuracy
Fair
2 years compared
Actual vs Estimate
2024
Actual $0.17
vs Est $0.24
▼ 42.9% off
2025
Actual $0.24
vs Est $0.19
▲ 22.5% off
Profitability Outlook
Company is profitable but with thin earnings per share. EPS trend is improving.
Revenue Estimates — IRT
100%
Analyst Accuracy
Accurate
2 years compared
Actual vs Estimate
2024
Actual $0.640B
vs Est $0.642B
▼ 0.4% off
2025
Actual $0.658B
vs Est $0.660B
▼ 0.4% off
Revenue Trend
Revenue has been relatively flat. Analysts expect stable revenue going forward.
