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Independence (IRT) Stock News

IRT NYSE

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 reports news as a multifamily apartment REIT that owns and operates communities across non-gateway U.S. markets. Company updates commonly cover quarterly financial results, same-store net operating income, rent and occupancy trends, recurring capital expenditures, value-add spending, and selective apartment-community acquisitions in markets such as Columbus.

IRT news also includes REIT-specific capital and shareholder matters, including quarterly common-stock dividends, dividend tax treatment, unsecured credit facilities, term loans, debt maturities, and investor presentation materials tied to portfolio management and balance-sheet activity.

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Independence Realty Trust (NYSE: IRT) reported second quarter 2026 net income available to common shares of $3.4 million and EPS of $0.01, down from $8.0 million and $0.03 a year earlier. Core funds from operations (CFFO) were $66.6 million, with CFFO per share flat year over year at $0.28.

Same-store portfolio NOI rose 1.2%, driven by a 0.9% increase in rental and other property revenue and a 0.5% increase in property operating expenses, expanding NOI margin by 20 bps to 62.7%. Adjusted EBITDA increased to $90.3 million from $87.6 million. Average same-store occupancy declined 30 bps to 95.0%, while average rental rates increased 0.4% to $1,597.

The value add program renovated 600 units in the quarter at an average cost of $20,477 per unit, generating a 16.4% weighted average ROI and an average monthly rent uplift of $279 per unit. Net debt to Adjusted EBITDA was 6.5x, with a 4.3% weighted average effective interest rate, 2.9-year average debt maturity and 86.9% of debt fixed or hedged. Liquidity totaled approximately $503.1 million.

The board raised the quarterly dividend 5.9% to $0.18 per share, implying a 64.3% CFFO payout ratio for the quarter. For 2026, IRT affirmed EPS guidance of $0.22–$0.27, FFO per share of $1.16–$1.18 and CFFO per share of $1.13–$1.15, alongside same-store NOI growth guidance of 1.0%–2.0%. According to the company, Fitch Ratings upgraded its outlook on IRT’s investment grade balance sheet to “Positive.”

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Independence Realty Trust (NYSE: IRT) will release its second quarter 2026 financial results on Monday, August 3, 2026, after the market close. A conference call is scheduled for Tuesday, August 4, 2026, at 9:00 a.m. Eastern Time, with access by phone and via the IRT investor website, where a replay webcast will also be available.

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Independence Realty Trust (NYSE: IRT) announced its board approved a quarterly dividend of $0.18 per share, up from $0.17, a 5.9% increase over the prior rate. The Q2 2026 dividend will be paid on July 17, 2026 to shareholders of record on June 26, 2026.

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Independence Realty Trust (NYSE: IRT) reported Q1 2026 results: EPS of $0.00, CFFO per share of $0.26, and same-store NOI growth of 1.0%. The company completed 426 value-add renovations (15.4% ROI), repurchased 1.8M shares for $29.9M, refinanced a $350M unsecured term loan maturing Feb 2030, and held $563M liquidity. net loss available to common was $(0.1M). Full-year 2026 CFFO guidance is $1.12–$1.16 per share and same-store NOI guidance is (0.6%)–2.2%.

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Independence Realty Trust (NYSE: IRT) announced its first quarter 2026 results release and conference call schedule. Results will be released Wednesday, April 29, 2026, after the market closes, with a live call on Thursday, April 30, 2026 at 9:00 a.m. ET.

Dial-in details, a conference passcode, webcast access via the Investors website, and replay instructions (including a telephonic replay available through May 7, 2026 at 11:59 p.m. ET) were provided.

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Independence Realty Trust (NYSE: IRT) announced a quarterly cash dividend of $0.17 per share for first quarter 2026. The dividend is payable on April 17, 2026 to shareholders of record at the close of business on March 27, 2026.

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Independence Realty Trust (NYSE: IRT) reported fourth-quarter and full-year 2025 results with full-year EPS of $0.24 and CFFO per share of $1.17. Same-store NOI grew 1.8% in Q4 and 2.4% for 2025; average occupancy was 95.4% for the year. IRT completed 2,003 value-add renovations in 2025 with a weighted ROI of 15.3%, repurchased 1.9 million shares for $30.0M, and closed a new $350M unsecured term loan in February 2026 improving debt capacity and maturities through 2027.

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Independence Realty Trust (NYSE: IRT) disclosed the tax characterization of its 2025 common-stock dividends. The company paid four distributions totaling $0.67000 per share for the year, with final 1099-DIV allocations shown by payment date.

The aggregate tax components for 2025 are: Ordinary dividend $0.38939, Total capital gain distributions $0.28061 (including unrecaptured Sec.1250 gain $0.10763 and Section 897 capital gain $0.28061), and Return of capital $0.00000. IRT also reported One Year and Three Year Amounts disclosures of $0.00 under Treas. Reg. §1.1061-6(c) for applicable partnership interests. Shareholders are advised to consult tax advisors for federal, state, and local tax effects.

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Independence Realty Trust (NYSE: IRT) will release fourth quarter and full year 2025 financial results after the market closes on Wednesday, February 11, 2026. Management will discuss results on a conference call on Thursday, February 12, 2026 at 9:00 a.m. Eastern Time. Investors can join by phone at (888) 440-3307 using conference ID 1963990 or listen via the Investors section of IRT's website at https://investors.irtliving.com.

A replay will be posted on the Investors site shortly after the call, and a telephonic replay is available until Thursday, February 19, 2026 at 11:59 p.m. ET by dialing (800) 770-2030 with access code 1963990.

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Independence Realty Trust (NYSE: IRT) announced a quarterly dividend of $0.17 per share for the fourth quarter of 2025. The dividend is payable on January 23, 2026 to shareholders of record at the close of business on December 31, 2025.

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FAQ

What is the current stock price of Independence (IRT)?

The current stock price of Independence (IRT) is $17.26 as of August 7, 2026.

What is the market cap of Independence (IRT)?

The market cap of Independence (IRT) is approximately 4.0B.