Welcome to our dedicated page for Independence news (Ticker: IRT), a resource for investors and traders seeking the latest updates and insights on Independence stock.
Independence Realty Trust Inc (NYSE: IRT) operates as a multifamily REIT specializing in amenity-rich apartment communities across non-gateway U.S. markets. This page aggregates official news and press releases to help stakeholders track the company's strategic initiatives, property portfolio changes, and market positioning.
Investors and analysts will find timely updates on earnings reports, property acquisitions, and operational milestones, along with insights into IRT's focus on suburban markets with strong school districts and employment hubs. The curated collection serves as a centralized resource for monitoring the REIT's performance in less saturated markets like Atlanta, Memphis, and Raleigh.
Content spans quarterly financial disclosures, management updates, and strategic partnerships. Regular visitors can efficiently track IRT's progress in enhancing property values through targeted improvements while maintaining occupancy stability in its communities.
Bookmark this page for streamlined access to verified IRT developments. Combine these updates with broader market analysis to inform your understanding of multifamily REIT opportunities in secondary U.S. markets.
Independence Realty Trust (NYSE: IRT) reported Q3 2025 results with EPS $0.03 and CFFO per share $0.29, noting same-store NOI growth of 2.7% and 95.6% same-store occupancy at quarter end. The company completed 788 value-add renovations in Q3 with a weighted average ROI of 14.8% and average cost per renovated unit of $20,269.
IRT acquired two Orlando communities for an aggregate of $155.0 million, funded in part by $101.0 million of proceeds from forward sale settlements. Net debt to Adjusted EBITDA was 6.0x, weighted average debt rate 4.3%, and liquidity approximated $628.1 million. The Board declared a quarterly dividend of $0.17 per share and reaffirmed full-year 2025 guidance midpoints for EPS/FFO/CFFO ranges.
Independence Realty Trust (NYSE: IRT) will release its third quarter 2025 results on Wednesday, October 29, 2025, after the market closes. Management will discuss results on a live conference call on Thursday, October 30, 2025 at 9:00 a.m. Eastern Time.
Dial-in details: U.S. telephone (888) 440-3307 with conference ID 1963990. The live call and a replay will be available in the Investors section of IRT's website at https://investors.irtliving.com. A telephonic replay will be available through Thursday, November 6, 2025 at 11:59 p.m. ET via (800) 770-2030, access code 1963990.
Independence Realty Trust (NYSE: IRT) has declared a quarterly dividend of $0.17 per share for the third quarter of 2025. The dividend will be paid on October 24, 2025 to shareholders of record as of September 30, 2025.
Independence Realty Trust (NYSE:IRT) reported Q2 2025 financial results with EPS of $0.03 and CFFO of $0.28 per share, in line with expectations. The company achieved 2.0% same-store NOI growth with a 1.0% increase in revenues and 0.6% decrease in operating expenses.
Key operational highlights include 95.3% portfolio occupancy, completion of 454 unit renovations with a 16.2% ROI, and plans to acquire two Orlando properties for $155 million. IRT maintains strong liquidity of $716.4 million and updated its 2025 guidance, increasing same-store NOI growth projections while maintaining CFFO per share expectations.
The company declared a quarterly dividend of $0.17 per share, representing a 6.3% increase. Three properties are identified for disposition in 2H 2025 as part of their capital recycling strategy.
Independence Realty Trust (NYSE:IRT) has scheduled its second quarter 2025 earnings release and conference call. The company will release its financial results on Wednesday, July 30, 2025, after market close, followed by a conference call on Thursday, July 31, 2025, at 9:00 a.m. ET.
Investors can access the live conference call via telephone at (888) 440-3307 using conference ID 1963990, or through the investor relations section of IRT's website. A replay will be available until August 7, 2025, at 11:59 p.m. ET.
Independence Realty Trust (NYSE: IRT) has announced a 6.3% increase in its quarterly dividend, raising it from $0.16 to $0.17 per share for the second quarter of 2025. The dividend will be paid on July 18, 2025, to shareholders of record as of June 27, 2025. CEO Scott Schaeffer indicated that the dividend increase reflects the company's strong cash flow position and confidence in their long-term strategy, emphasizing their commitment to delivering consistent shareholder value.
Independence Realty Trust (IRT) reported solid Q1 2025 financial results with earnings per share of $0.04 and Core FFO per share of $0.27. The company's same-store portfolio NOI increased by 2.7%, driven by improved occupancy rates reaching 95.4%.
Key highlights include:
- Completed 275 unit renovations with 16.2% ROI
- Sold Ridge Crossings in Birmingham for $111 million
- Acquired Autumn Breeze in Indianapolis for $59.5 million
- Expanded unsecured revolver from $500 million to $750 million
- Net debt to Adjusted EBITDA at 6.3x
The company maintains its 2025 guidance with CFFO per share projected at $1.16-$1.19. IRT's strategy focuses on market expansion, with two additional communities under contract for Q2 acquisition totaling $154.8 million. The quarterly dividend was declared at $0.16 per share, paid on April 21, 2025.
Independence Realty Trust (NYSE: IRT) has scheduled its first quarter 2025 earnings release and conference call. The company will release its financial results on Wednesday, April 30, 2025, after market close. Management will host a conference call to discuss the results on Thursday, May 1, 2025, at 9:00 a.m. Eastern Time.
Investors can access the live conference call via telephone at (888) 440-3307 using conference ID 1963990, or through the investor relations section of IRT's website. A replay will be available on the company's website and by phone until May 8, 2025, at 11:59 p.m. Eastern Time.
Independence Realty Trust (NYSE: IRT) has declared its quarterly dividend for the first quarter of 2025. The company's board of directors approved a dividend payment of $0.16 per share of IRT common stock. The dividend will be paid on April 21, 2025, to shareholders who are recorded as stockholders as of the close of business on March 28, 2025.
Independence Realty Trust (IRT) reported its Q4 and full-year 2024 financial results, achieving the high end of guidance with CFFO per share of $1.16 and NOI growth of 3.2%. The company posted EPS of $0.17 for 2024, with same-store portfolio NOI increasing 5.3% in Q4 and 3.2% for the full year.
Key highlights include completing 1,671 renovations with a 15.7% ROI, improving net debt-to-adjusted EBITDA to 5.9x, and achieving a BBB credit rating from S&P. The company expanded its unsecured credit facility from $500M to $750M in January 2025.
For 2025 guidance, IRT projects EPS of $0.19-$0.22, CFFO per share of $1.16-$1.19, and same-store NOI growth of 0.8-3.3%. The company completed strategic acquisitions in Charlotte and Orlando, expanding its portfolio presence in these markets.
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