Independence Realty Trust, Inc. (IRT)

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Independence Realty Trust, Inc. (IRT) is down 2.7% since the beginning of the year. At $17 per share, IRT is trading 8.6% below its 52-week high of $18. Investors who bought $1,000 worth of IRT shares 5 years ago would now be looking at an investment worth $1,029.

Independence Realty Trust, Inc. (IRT) has returned -2.73% so far this year and 3.51% over the past 12 months. Over the last ten years, IRT has returned 11.94% per year, falling short of the S&P 500 Index benchmark, which averaged 13.26% annually.

Based on dividend-adjusted daily data since Aug 13, 2013, IRT's average daily return is +0.06%, while the average monthly return is +1.22%. At this rate, an investment would double in approximately 4.8 years.

Historically, 58% of months were positive and 42% were negative. The best month was Jun 2020 with a return of +16.2%, while the worst month was Mar 2020 at -32.6%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.

On a daily basis, IRT closed higher 52% of trading days. The best single day was Apr 9, 2020 with a return of +16.9%, while the worst single day was Mar 16, 2020 at -17.9%.

Independence Realty Trust, Inc. has an annualized alpha of 4.56%, beta of 0.85, and R2 of 0.26 versus S&P 500 Index. Calculated based on daily prices since August 13, 2013.

• This stock participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (93.40%) than losses (92.72%) - typical of diversified or defensive assets.
• R2 of 0.26 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

IRT ranks 47 for risk / return — above 47% of stocks peers on PortfoliosLab. Its historical combined result is near the middle of the peer group.

Independence Realty Trust, Inc. provided a 4.15% dividend yield over the last twelve months, with an annual payout of $0.69 per share. The company has been increasing its dividends for 3 consecutive years.

The table displays the monthly dividend distributions for Independence Realty Trust, Inc.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Independence Realty Trust, Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Independence Realty Trust, Inc. was 56.46%, occurring on Apr 3, 2020. Recovery took 246 trading sessions.

The current Independence Realty Trust, Inc. drawdown is 30.86%.

The chart below shows the rolling one-month volatility.

The chart below illustrates the trends in the financial health of Independence Realty Trust, Inc. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

The Valuation section provides an overview of how Independence Realty Trust, Inc. is priced in the market compared to other companies in the REIT - Residential industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.