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Independence Realty Trust, Inc. - $IRT STOCK NEWS

Welcome to our dedicated page for Independence Realty Trust news (Ticker: $IRT), a resource for investors and traders seeking the latest updates and insights on Independence Realty Trust stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Independence Realty Trust's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Independence Realty Trust's position in the market.

Rhea-AI Summary
Independence Realty Trust, Inc. (NYSE: IRT) announced the successful sale of four properties for a total gross sales price of $200.7 million as part of the Company's Portfolio Optimization and Deleveraging Strategy. The sales allowed IRT to repay $196.8 million of debt, reducing leverage and increasing financial flexibility. Five of the six remaining assets under the strategy are also under contract, expected to generate gross sales proceeds of approximately $521 to $533 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.64%
Tags
none
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Rhea-AI Summary
Independence Realty Trust, Inc. (NYSE: IRT) declares a quarterly dividend of $0.16 per share of IRT common stock, payable on January 19, 2024 to stockholders of record at the close of business on December 29, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.35%
Tags
dividends earnings
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Rhea-AI Summary
Independence Realty Trust, Inc. (NYSE: IRT) Announces Participation in Nareit's REITworld 2023 Annual Conference and Release of November Investor Presentation
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.47%
Tags
conferences
Rhea-AI Summary
Independence Realty Trust, Inc. (IRT) announced its Q3 2023 financial results, including a net income of $3.9 million and earnings per diluted share of $0.02. They also initiated a portfolio optimization strategy and updated their full year 2023 guidance. The strategy includes selling approximately 10 properties, generating gross sales proceeds of $521 to $533 million, and reducing outstanding debt by $516 to $528 million. The company expects these initiatives to strengthen their balance sheet and improve their presence in the multifamily sector in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.48%
Tags
-
Rhea-AI Summary
Independence Realty Trust, Inc. (IRT) to release Q3 2023 financial results on October 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.66%
Tags
-
Rhea-AI Summary
IRT declares quarterly dividend of $0.16 per share, payable on October 20, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.45%
Tags
dividends earnings
Rhea-AI Summary
Independence Realty Trust, Inc. (IRT) executives to host investor meetings at Bank of America Securities 2023 Global Real Estate Conference.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.48%
Tags
conferences
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.89%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.78%
Tags
conferences
Independence Realty Trust, Inc.

NYSE:IRT

IRT Rankings

IRT Stock Data

3.88B
222.74M
0.75%
90.86%
4.11%
Other Financial Vehicles
Finance and Insurance
Link
United States of America
PHILADELPHIA

About IRT

independence realty trust inc (irt) is a real estate company located in cira centre, 2929 arch street 17th floor, philadelphia, pa 19104, united states, philadelphia, pennsylvania, united states.