Independence Realty Trust, Inc. (IRT) Stock Forecast
IRT analyst forecast
as of October 18, 2026- Analyst consensus
- Buy 4.31 / 5 from 13 analysts
- Price target
- $18.96 average of analyst targets
- Upside to target
- +28.4% from the latest close
- Next earnings
- November 2, 2026 EPS estimate $0.29
- 52-week range
- $14.44 – $17.77
IRT analyst ratings
13 analystsNumber of analysts at each rating.
IRT price target
The average of analyst 12-month price targets compared with the latest close and the 52-week range.
IRT earnings per share estimates
| Period | Average | Low | High | Year ago | Growth | Analysts |
|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $0.05 | $0.05 | $0.05 | $0.04 | +13.1% | 1 |
| Current fiscal year (2026) | $0.20 | $0.11 | $0.25 | $0.24 | −16.7% | 3 |
| Next fiscal year (2027) | $0.12 | $0.11 | $0.14 | $0.20 | −37.9% | 2 |
Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.
IRT revenue estimates
| Period | Average | Low | High | Growth | Analysts |
|---|---|---|---|---|---|
| Current quarter (Sep '26) | $171.4M | $170.2M | $173.0M | +2.7% | 7 |
| Current fiscal year (2026) | $675.2M | $668.5M | $680.2M | +2.9% | 8 |
| Next fiscal year (2027) | $696.1M | $689.8M | $703.7M | +3.1% | 4 |
IRT EPS: reported and forecast
Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.
IRT revenue: reported and forecast
IRT EPS estimate revisions
| Period | 90 days ago | 60 days ago | 30 days ago | 7 days ago | Now | Change (90 d) | Revisions (30 d) |
|---|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | 0.0% | 0 up · 0 down |
| Current fiscal year (2026) | $0.13 | $0.24 | $0.20 | $0.20 | $0.20 | +53.1% | 0 up · 0 down |
| Next fiscal year (2027) | $0.13 | $0.12 | $0.15 | $0.12 | $0.12 | −5.8% | 3 up · 0 down |
How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.
IRT earnings surprises
Reported EPS vs the consensus estimate for the last 12 quarters; IRT beat in 4 of 12.
What analysts expect from IRT
13 analysts cover Independence Realty; their consensus rating is buy (4.31 on a 1–5 scale, where 5 is a strong buy). The average price target is $18.96, 28.4% above the latest close of $14.77. Analysts expect earnings of $0.20 per share for 2026, −16.7% from a year earlier. For 2027 the average estimate is $0.12 per share on revenue of $696.1 million. Independence Realty beat the EPS estimate in 4 of the last 12 quarters.
Related: IRT income statement, IRT key metrics, IRT chart. See the IRT stock overview for the latest quote and news.
IRT forecast FAQ
What is Independence Realty's price target?
The average analyst price target for Independence Realty is $18.96, 28.4% above the latest close of $14.77.
Is Independence Realty a buy, hold or sell?
Of 13 analysts covering Independence Realty, 7 rate it a strong buy, 3 a buy, 3 a hold, 0 a sell and 0 a strong sell, a consensus of buy. Ratings are opinions, not a recommendation from Quotelinks.
What is Independence Realty's EPS forecast?
Analysts forecast $0.20 per share for 2026 (range $0.11 to $0.25); for 2027 the estimate is $0.12.
What is Independence Realty's revenue forecast?
The average revenue estimate for 2026 is $675.2 million, growth of 2.9%; for 2027 it is $696.1 million.
When does Independence Realty report earnings?
Independence Realty is expected to report results for the quarter ending September 30, 2026 on November 2, 2026 after the market closes; the EPS estimate is $0.29.
Does Independence Realty usually beat earnings estimates?
Independence Realty reported EPS at or above the analyst estimate in 4 of the last 12 quarters.