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Independence Realty Trust Analyst Ratings

IRTNYSE
Logo brought to you by Benzinga Data
$17.99
-0.26-1.42%
At close: -
$17.99
0.000.00%
After Hours: May 23, 4:00 PM EDT
Consensus Rating1
Buy
Highest Price Target1
$25.00
Lowest Price Target1
$17.00
Consensus Price Target1
$21.75

Independence Realty Trust Analyst Ratings and Price Targets | NYSE:IRT | Benzinga

Independence Realty Trust Inc has a consensus price target of $21.75 based on the ratings of 16 analysts. The high is $25 issued by JMP Securities on May 5, 2025. The low is $17 issued by Baird on March 12, 2024. The 3 most-recent analyst ratings were released by Compass Point, Barclays, and JMP Securities on May 13, 2025, May 9, 2025, and May 5, 2025, respectively. With an average price target of $23 between Compass Point, Barclays, and JMP Securities, there's an implied 27.85% upside for Independence Realty Trust Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Feb
2
Mar
1
1
Apr
2
May
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.6
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Compass Point
Barclays
JMP Securities
UBS
Wells Fargo

1calculated from analyst ratings

Analyst Ratings for Independence Realty Trust

Buy NowGet Alert
05/13/2025Buy Now22.29%Compass Point
Merrill Ross47%
→ $22DowngradeBuy → NeutralGet Alert
05/09/2025Buy Now22.29%Barclays
Richard Hightower51%
$21 → $22MaintainsEqual-WeightGet Alert
05/05/2025Buy Now38.97%JMP Securities
Aaron Hecht57%
$25 → $25ReiteratesMarket Outperform → Market OutperformGet Alert
04/11/2025Buy Now16.73%Barclays
Richard Hightower51%
$20 → $21MaintainsEqual-WeightGet Alert
04/07/2025Buy Now33.41%UBS
Ami Probandt51%
→ $24Initiates → BuyGet Alert
03/19/2025Buy Now33.41%Wells Fargo
Cooper Clark9%
→ $24Initiates → OverweightGet Alert
03/10/2025Buy Now33.41%Jefferies
Linda Tsai58%
$20 → $24UpgradeHold → BuyGet Alert
02/19/2025Buy Now11.17%Barclays
Richard Hightower51%
$21 → $20MaintainsEqual-WeightGet Alert
02/14/2025Buy Now38.97%JMP Securities
Aaron Hecht57%
$22 → $25MaintainsMarket OutperformGet Alert
02/11/2025Buy Now22.29%JMP Securities
Aaron Hecht57%
$22 → $22ReiteratesMarket Outperform → Market OutperformGet Alert
01/24/2025Buy Now16.73%Barclays
Richard Hightower51%
$23 → $21MaintainsEqual-WeightGet Alert
12/17/2024Buy Now27.85%Barclays
Richard Hightower51%
→ $23Initiates → Equal-WeightGet Alert
11/15/2024Buy Now16.73%BMO Capital
John Kim60%
$19 → $21UpgradeUnderperform → Market PerformGet Alert
09/10/2024Buy Now22.29%Deutsche Bank
Derek Johnston53%
$18 → $22MaintainsBuyGet Alert
09/09/2024Buy Now22.29%JMP Securities
Aaron Hecht57%
$20 → $22MaintainsMarket OutperformGet Alert
09/06/2024Buy Now22.29%Keybanc
Austin Wurschmidt56%
$20 → $22MaintainsOverweightGet Alert
08/12/2024Buy Now16.73%BTIG
Michael Gorman54%
$18 → $21MaintainsBuyGet Alert
08/02/2024Buy Now11.17%JMP Securities
Aaron Hecht57%
$17 → $20MaintainsMarket OutperformGet Alert
03/12/2024Buy Now-5.5%Baird
Wesley Golladay44%
$16 → $17MaintainsOutperformGet Alert
03/06/2024Buy Now-5.5%JMP Securities
Aaron Hecht57%
$15 → $17MaintainsMarket OutperformGet Alert
02/20/2024Buy Now0.06%Barclays
Anthony Powell51%
$22 → $18MaintainsOverweightGet Alert
02/16/2024Buy Now-5.5%RBC Capital
Brad Heffern57%
$16 → $17MaintainsOutperformGet Alert
12/15/2023Buy Now-16.62%BMO Capital
John Kim60%
→ $15DowngradeMarket Perform → UnderperformGet Alert
11/01/2023Buy Now-16.62%JMP Securities
Aaron Hecht57%
$20 → $15MaintainsMarket OutperformGet Alert
11/01/2023Buy Now-5.5%RBC Capital
Brad Heffern57%
$18 → $17MaintainsOutperformGet Alert
07/27/2023Buy Now11.17%JMP Securities
Aaron Hecht57%
→ $20ReiteratesMarket Outperform → Market OutperformGet Alert
07/18/2023Buy Now5.61%BMO Capital
John Kim60%
→ $19DowngradeOutperform → Market PerformGet Alert
05/31/2023Buy Now22.29%Barclays
Anthony Powell51%
$24 → $22MaintainsOverweightGet Alert
05/08/2023Buy Now11.17%JMP Securities
Aaron Hecht57%
→ $20UpgradeMarket Perform → Market OutperformGet Alert
04/28/2023Buy Now11.17%RBC Capital
Brad Heffern57%
$19 → $20MaintainsOutperformGet Alert
03/01/2023Buy Now33.41%Barclays
Anthony Powell51%
$22 → $24MaintainsOverweightGet Alert
02/23/2023Buy Now11.17%Citigroup
Michael Bilerman58%
$18.5 → $20MaintainsNeutralGet Alert
01/30/2023Buy Now—JMP Securities
Aaron Hecht57%
—Initiates → Market PerformGet Alert
01/11/2023Buy Now16.73%BTIG
Michael Gorman54%
$27 → $21MaintainsBuyGet Alert
01/04/2023Buy Now5.61%Deutsche Bank
Derek Johnston53%
$22 → $19DowngradeBuy → HoldGet Alert
01/03/2023Buy Now-5.5%Jefferies
Linda Tsai58%
$20 → $17DowngradeBuy → HoldGet Alert
12/07/2022Buy Now11.17%Keybanc
Austin Wurschmidt56%
$25 → $20MaintainsOverweightGet Alert
11/10/2022Buy Now22.29%Barclays
Anthony Powell51%
$28 → $22MaintainsOverweightGet Alert
10/28/2022Buy Now16.73%RBC Capital
Brad Heffern57%
$22 → $21MaintainsOutperformGet Alert
10/19/2022Buy Now11.17%Jefferies
Linda Tsai58%
$26 → $20MaintainsBuyGet Alert
06/30/2022Buy Now33.41%Jefferies
Peter Abramowitz45%
$27 → $24MaintainsBuyGet Alert
06/28/2022Buy Now38.97%Keybanc
Todd Thomas58%
$29 → $25MaintainsOverweightGet Alert

FAQ

Q

What is the target price for Independence Realty Trust (IRT) stock?

A

The latest price target for Independence Realty Trust (NYSE:IRT) was reported by Compass Point on May 13, 2025. The analyst firm set a price target for $22.00 expecting IRT to rise to within 12 months (a possible 22.29% upside). 18 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Independence Realty Trust (IRT)?

A

The latest analyst rating for Independence Realty Trust (NYSE:IRT) was provided by Compass Point, and Independence Realty Trust downgraded their neutral rating.

Q

When was the last upgrade for Independence Realty Trust (IRT)?

A

The last upgrade for Independence Realty Trust Inc happened on March 10, 2025 when Jefferies raised their price target to $24. Jefferies previously had a hold for Independence Realty Trust Inc.

Q

When was the last downgrade for Independence Realty Trust (IRT)?

A

The last downgrade for Independence Realty Trust Inc happened on May 13, 2025 when Compass Point changed their price target from N/A to $22 for Independence Realty Trust Inc.

Q

When is the next analyst rating going to be posted or updated for Independence Realty Trust (IRT)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Independence Realty Trust, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Independence Realty Trust was filed on May 13, 2025 so you should expect the next rating to be made available sometime around May 13, 2026.

Q

Is the Analyst Rating Independence Realty Trust (IRT) correct?

A

While ratings are subjective and will change, the latest Independence Realty Trust (IRT) rating was a downgraded with a price target of $0.00 to $22.00. The current price Independence Realty Trust (IRT) is trading at is $17.99, which is within the analyst’s predicted range.

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