Independence Realty Trust, Inc. (IRT) Social Stream
INDEPENDENCE REALTY TRUST INC (IRT) Price Targets From Analysts
Use the tables below to see what analysts covering INDEPENDENCE REALTY TRUST INC think about its future price and what recommendations they have for investors and traders.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-03 | 6 | $29 | $15 | $21.571 | $15.03 | 43.52% |
| 2021-12-13 | 7 | $29 | $15 | $22.125 | $15.03 | 47.21% |
| 2021-12-17 | 6 | $29 | $15 | $23.125 | $15.03 | 53.86% |
| 2022-01-03 | 7 | $29 | $15 | $24.375 | $15.03 | 62.18% |
| 2022-01-10 | 9 | $29 | $16 | $26.194 | $15.03 | 74.28% |
| 2022-01-20 | 10 | $30 | $16 | $26.575 | $15.03 | 76.81% |
| 2022-02-17 | 10 | $30 | $16 | $26.775 | $15.03 | 78.14% |
| 2022-03-22 | 10 | $30 | $26 | $27.972 | $15.03 | 86.11% |
| 2022-04-01 | 10 | $30 | $26 | $28.083 | $15.03 | 86.85% |
| 2022-04-22 | 10 | $32 | $26 | $28.475 | $15.03 | 89.45% |
| 2022-05-04 | 10 | $32 | $26 | $28.575 | $15.03 | 90.12% |
| 2022-05-09 | 10 | $32 | $26 | $28.431 | $15.03 | 89.16% |
| 2022-05-19 | 10 | $30 | $26 | $27.795 | $15.03 | 84.93% |
| 2022-08-18 | 11 | $30 | $12 | $26.062 | $15.03 | 73.4% |
| 2022-09-28 | 11 | $30 | $12 | $25.979 | $15.03 | 72.85% |
| 2022-10-19 | 11 | $30 | $12 | $25.479 | $15.03 | 69.52% |
| 2022-10-28 | 11 | $30 | $12 | $24.895 | $15.03 | 65.64% |
| 2022-11-10 | 11 | $30 | $12 | $24.395 | $15.03 | 62.31% |
| 2022-12-01 | 11 | $29 | $12 | $23.979 | $15.03 | 59.54% |
| 2022-12-06 | 11 | $29 | $12 | $23.562 | $15.03 | 56.77% |
| 2022-12-13 | 10 | $28 | $12 | $22.704 | $15.03 | 51.06% |
| 2023-01-03 | 10 | $27.75 | $12 | $21.875 | $15.03 | 45.54% |
| 2023-01-06 | 10 | $27.75 | $12 | $21.575 | $15.03 | 43.55% |
| 2023-01-24 | 9 | $27 | $12 | $20.555 | $15.03 | 36.76% |
| 2023-03-13 | 9 | $27 | $12 | $20.222 | $15.03 | 34.54% |
| 2023-04-14 | 9 | $27 | $12 | $20 | $15.03 | 33.07% |
| 2023-04-28 | 10 | $27 | $12 | $19.888 | $15.03 | 32.32% |
| 2023-05-08 | 10 | $24 | $12 | $19.111 | $15.03 | 27.15% |
| 2023-05-12 | 9 | $24 | $12 | $19 | $15.03 | 26.41% |
| 2023-05-31 | 8 | $22 | $12 | $19 | $15.03 | 26.41% |
| 2023-07-17 | 7 | $22 | $17 | $20.142 | $15.03 | 34.01% |
| 2023-09-18 | 9 | $22 | $17 | $20.111 | $15.03 | 33.81% |
| 2023-10-13 | 9 | $22 | $14 | $19.777 | $15.03 | 31.58% |
| 2023-11-01 | 9 | $22 | $14 | $18.888 | $15.03 | 25.67% |
| 2023-11-06 | 9 | $22 | $14 | $19.1 | $15.03 | 27.08% |
| 2023-11-13 | 9 | $22 | $13 | $19 | $15.03 | 26.41% |
| 2023-12-12 | 9 | $22 | $13 | $18.909 | $15.03 | 25.81% |
| 2023-12-15 | 10 | $22 | $13 | $18.545 | $15.03 | 23.39% |
The Trend in the Analyst Price Target
Over the past 18 months, IRT's average price target has gone down $7.52.
Over the past 46 weeks, IRT's average upside potential has been 20.48%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-01-24 | 8 | 27 | 12 | 20.000 | 18.22 | 9.77% |
| 2023-01-24 | 9 | 27 | 12 | 20.555 | 18.22 | 12.82% |
| 2023-03-13 | 9 | 27 | 12 | 20.222 | 16.73 | 20.87% |
| 2023-04-28 | 10 | 27 | 12 | 19.888 | 16.65 | 19.45% |
| 2023-11-01 | 9 | 22 | 14 | 18.888 | 12.56 | 50.38% |
IRT Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.91 | 6 | 2 | 2 | 1 | 1 | 11 |
The Trend in the Broker Recommendations
Over the past 16 months, IRT's average broker recommendation rating worsened by 0.31.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- IRT has a lower variance in analysts' estimates than -3259.36% of all US stocks.
- In terms of how INDEPENDENCE REALTY TRUST INC fares relative to Trading stocks, note that its upside potential (average analyst target price relative to current price) is higher than 4738.6% of that group.
- IRT has a greater average analyst price target than 1738.55% of Trading stocks.
- To contextualize these metrics, consider that out of stocks in the mid market cap category, INDEPENDENCE REALTY TRUST INC's number of analysts covering the stock is greater than 3806.27% of them.
In terms of price targets and recommendations offered by analysts, the stocks in the Trading industry with the ratings most similar to INDEPENDENCE REALTY TRUST INC are TWO, STWD, and PMT.
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