Independence Realty Trust, Inc. (IRT) Swings to Q4 Profit With $33.3M in Net Income

Independence Realty Trust, Inc. (NYSE:IRT) is among the 20 Best Investments successful 2026.

Independence Realty Trust, Inc. (NYSE:IRT) is among the best investments.

TheFly reported connected February 18 that Citi reduced its price target for IRT to $18 from $19.50 and maintained a Neutral standing connected the stock.

The 4th fourth and year-end results of Independence Realty Trust, Inc. (NYSE:IRT), which concluded connected December 31, 2025, were besides released connected February 11. The company's 4th fourth nett income attributable to communal shareholders was $33.3 million, oregon $0.14 per diluted share, compared to a nett nonaccomplishment during the aforesaid play past year. Core FFO remained changeless astatine $78.9 million, oregon $0.32 per share, compared to the aforesaid clip successful 2024. Adjusted EBITDA accrued to $98.5 million, portion same-store NOI was up 1.8%.

Additionally, the reports showed that Core FFO was $279.8 million, oregon $1.17 per share, portion nett income for the full twelvemonth was $56.6 million, oregon $0.24 per diluted share. NOI astatine the aforesaid store accrued 2.4% during the year. In addition, the concern announced a caller $350 cardinal unsecured word indebtedness that volition mature successful 2030 and provided a 2026 projection, predicting EPS of $0.21–$0.28 and Core FFO per stock of $1.12–$1.16.

Independence Realty Trust, Inc. (NYSE:IRT) is simply a REIT that owns, manages, and develops multifamily residential properties crossed the U.S., focusing connected high-quality apartments and semipermanent tenant satisfaction.

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