Independence Realty Trust, Inc. (NYSE: IRT) is a real estate investment trust that owns and operates multifamily apartment properties across non-gateway U.S. markets, including Atlanta, Louisville, Memphis, and Raleigh. IRT's investment strategy is focused on gaining scale within key amenity rich submarkets that offer good school districts, high-quality retail and major employment centers. IRT aims to provide stockholders attractive risk-adjusted returns through diligent portfolio management, strong operational performance, and a consistent return on capital through distributions and capital appreciation.
A handful of financial components go into the FFER. Below are the relative values for IRT. You can read more here.
Price/Sales | very expensive |
Price/Earnings | very expensive |
Price/Operating Income | very expensive |
Price/Book | cheap |
Debt Ratio | very low |
Dividend Yield | average |
Sales growth (1y) | very high |
Sales growth (3y) | very high |
Earnings growth (1y) | very high |
Earnings growth (3y) | very high |