Independence Realty Trust Announces Second Quarter 2019 Financial Results
Independence Realty Trust, Inc. (IRT)
NASDAQ:AMEX Investor Relations:
irtliving.com/page.aspx/contentid/7/investor-relations
Company Research
Source: Business Wire
PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (“IRT”) (NYSE: IRT), a multifamily apartment REIT, today announced its second quarter 2019 financial results.Second Quarter HighlightsNet income allocable to common shares of $14.7 million for the quarter ended June 30, 2019 as compared to $3.5 million for the quarter ended June 30, 2018. Earnings per diluted share of $0.16 for the quarter ended June 30, 2019 as compared to $0.04 for the quarter ended June 30, 2018.Core Funds from Operations (“CFFO”) of $16.9 million for the quarter ended June 30, 2019 as compared to $16.4 million for the quarter ended June 30, 2018. CFFO per share was $0.19 for the second quarter of 2019 and $0.19 for the second quarter of 2018. Same store net operating income (“NOI”) growth of 6.9% for the quarter ended June 30, 2019 compared to the quarter ended June 30, 2018.Adjusted EBITDA of $25.3 million for the quarter ended June 30, 2019 as compared to $23.7 million for the quarter ended June
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News
- Independence Realty Trust, Inc. (NYSE: IRT) is now covered by analysts at Barclays PLC. They set an "equal weight" rating and a $23.00 price target on the stock.MarketBeat
- Independence Realty Trust Announces Fourth Quarter 2024 DividendBusiness Wire
- MAA Stock Rises 27.2% in 6 Months: Will the Trend Continue? [Yahoo! Finance]Yahoo! Finance
- Independence Realty Trust Scheduled to Participate in Nareit’s REITworld Annual ConferenceBusiness Wire
- Independence Realty Trust, Inc. (NYSE: IRT) was upgraded by analysts at BMO Capital Markets from an "underperform" rating to a "market perform" rating. They now have a $21.00 price target on the stock, up previously from $19.00.MarketBeat
IRT
Earnings
- 10/30/24 - Beat
IRT
Sec Filings
- 12/9/24 - Form 8-K
- 11/18/24 - Form 8-K
- 11/14/24 - Form SC
- IRT's page on the SEC website