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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.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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05/13/2025 | Buy Now | 22.29% | Compass Point | Merrill Ross47% | → $22 | Downgrade | Buy → Neutral | Get Alert |
05/09/2025 | Buy Now | 22.29% | Barclays | Richard Hightower51% | $21 → $22 | Maintains | Equal-Weight | Get Alert |
05/05/2025 | Buy Now | 38.97% | JMP Securities | Aaron Hecht57% | $25 → $25 | Reiterates | Market Outperform → Market Outperform | Get Alert |
04/11/2025 | Buy Now | 16.73% | Barclays | Richard Hightower51% | $20 → $21 | Maintains | Equal-Weight | Get Alert |
04/07/2025 | Buy Now | 33.41% | UBS | Ami Probandt51% | → $24 | Initiates | → Buy | Get Alert |
03/19/2025 | Buy Now | 33.41% | Wells Fargo | Cooper Clark9% | → $24 | Initiates | → Overweight | Get Alert |
03/10/2025 | Buy Now | 33.41% | Jefferies | Linda Tsai58% | $20 → $24 | Upgrade | Hold → Buy | Get Alert |
02/19/2025 | Buy Now | 11.17% | Barclays | Richard Hightower51% | $21 → $20 | Maintains | Equal-Weight | Get Alert |
02/14/2025 | Buy Now | 38.97% | JMP Securities | Aaron Hecht57% | $22 → $25 | Maintains | Market Outperform | Get Alert |
02/11/2025 | Buy Now | 22.29% | JMP Securities | Aaron Hecht57% | $22 → $22 | Reiterates | Market Outperform → Market Outperform | Get Alert |
01/24/2025 | Buy Now | 16.73% | Barclays | Richard Hightower51% | $23 → $21 | Maintains | Equal-Weight | Get Alert |
12/17/2024 | Buy Now | 27.85% | Barclays | Richard Hightower51% | → $23 | Initiates | → Equal-Weight | Get Alert |
11/15/2024 | Buy Now | 16.73% | BMO Capital | John Kim60% | $19 → $21 | Upgrade | Underperform → Market Perform | Get Alert |
09/10/2024 | Buy Now | 22.29% | Deutsche Bank | Derek Johnston53% | $18 → $22 | Maintains | Buy | Get Alert |
09/09/2024 | Buy Now | 22.29% | JMP Securities | Aaron Hecht57% | $20 → $22 | Maintains | Market Outperform | Get Alert |
09/06/2024 | Buy Now | 22.29% | Keybanc | Austin Wurschmidt56% | $20 → $22 | Maintains | Overweight | Get Alert |
08/12/2024 | Buy Now | 16.73% | BTIG | Michael Gorman54% | $18 → $21 | Maintains | Buy | Get Alert |
08/02/2024 | Buy Now | 11.17% | JMP Securities | Aaron Hecht57% | $17 → $20 | Maintains | Market Outperform | Get Alert |
03/12/2024 | Buy Now | -5.5% | Baird | Wesley Golladay44% | $16 → $17 | Maintains | Outperform | Get Alert |
03/06/2024 | Buy Now | -5.5% | JMP Securities | Aaron Hecht57% | $15 → $17 | Maintains | Market Outperform | Get Alert |
02/20/2024 | Buy Now | 0.06% | Barclays | Anthony Powell51% | $22 → $18 | Maintains | Overweight | Get Alert |
02/16/2024 | Buy Now | -5.5% | RBC Capital | Brad Heffern57% | $16 → $17 | Maintains | Outperform | Get Alert |
12/15/2023 | Buy Now | -16.62% | BMO Capital | John Kim60% | → $15 | Downgrade | Market Perform → Underperform | Get Alert |
11/01/2023 | Buy Now | -16.62% | JMP Securities | Aaron Hecht57% | $20 → $15 | Maintains | Market Outperform | Get Alert |
11/01/2023 | Buy Now | -5.5% | RBC Capital | Brad Heffern57% | $18 → $17 | Maintains | Outperform | Get Alert |
07/27/2023 | Buy Now | 11.17% | JMP Securities | Aaron Hecht57% | → $20 | Reiterates | Market Outperform → Market Outperform | Get Alert |
07/18/2023 | Buy Now | 5.61% | BMO Capital | John Kim60% | → $19 | Downgrade | Outperform → Market Perform | Get Alert |
05/31/2023 | Buy Now | 22.29% | Barclays | Anthony Powell51% | $24 → $22 | Maintains | Overweight | Get Alert |
05/08/2023 | Buy Now | 11.17% | JMP Securities | Aaron Hecht57% | → $20 | Upgrade | Market Perform → Market Outperform | Get Alert |
04/28/2023 | Buy Now | 11.17% | RBC Capital | Brad Heffern57% | $19 → $20 | Maintains | Outperform | Get Alert |
03/01/2023 | Buy Now | 33.41% | Barclays | Anthony Powell51% | $22 → $24 | Maintains | Overweight | Get Alert |
02/23/2023 | Buy Now | 11.17% | Citigroup | Michael Bilerman58% | $18.5 → $20 | Maintains | Neutral | Get Alert |
01/30/2023 | Buy Now | — | JMP Securities | Aaron Hecht57% | — | Initiates | → Market Perform | Get Alert |
01/11/2023 | Buy Now | 16.73% | BTIG | Michael Gorman54% | $27 → $21 | Maintains | Buy | Get Alert |
01/04/2023 | Buy Now | 5.61% | Deutsche Bank | Derek Johnston53% | $22 → $19 | Downgrade | Buy → Hold | Get Alert |
01/03/2023 | Buy Now | -5.5% | Jefferies | Linda Tsai58% | $20 → $17 | Downgrade | Buy → Hold | Get Alert |
12/07/2022 | Buy Now | 11.17% | Keybanc | Austin Wurschmidt56% | $25 → $20 | Maintains | Overweight | Get Alert |
11/10/2022 | Buy Now | 22.29% | Barclays | Anthony Powell51% | $28 → $22 | Maintains | Overweight | Get Alert |
10/28/2022 | Buy Now | 16.73% | RBC Capital | Brad Heffern57% | $22 → $21 | Maintains | Outperform | Get Alert |
10/19/2022 | Buy Now | 11.17% | Jefferies | Linda Tsai58% | $26 → $20 | Maintains | Buy | Get Alert |
06/30/2022 | Buy Now | 33.41% | Jefferies | Peter Abramowitz45% | $27 → $24 | Maintains | Buy | Get Alert |
06/28/2022 | Buy Now | 38.97% | Keybanc | Todd Thomas58% | $29 → $25 | Maintains | Overweight | Get Alert |
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.
The latest analyst rating for Independence Realty Trust (NYSE:IRT) was provided by Compass Point, and Independence Realty Trust downgraded their neutral rating.
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.
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.
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.
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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