Independence Realty Trust Inc (IRT) Reports Mixed 2023 Results and Introduces 2024 Guidance [Yahoo! Finance]
Independence Realty Trust, Inc. (IRT)
NASDAQ:AMEX Investor Relations:
irtliving.com/page.aspx/contentid/7/investor-relations
Company Research
Source: Yahoo! Finance
Core Funds from Operations (CFFO) : CFFO increased to $68.7 million in Q4 and $263.9 million for the full year. Same-Store NOI Growth : IRT saw a 3.3% growth in Q4 and 5.7% for the full year in same-store NOI. Rental Revenue : Rental and other property revenue grew by 3.7% in Q4 and 5.7% for the full year. 2024 Guidance : IRT projects a mid-point earnings per diluted share of $0.42 and CFFO per share of $1.14 for 2024. Portfolio Optimization : IRT is advancing its Portfolio Optimization and Deleveraging Strategy, having sold six non-core assets. Value Add Program : Completed renovations on 486 units in Q4 2023, with a weighted average return on investment of 17.1%. Warning! GuruFocus has detected 5 Warning Signs with IRT. On February 14, 2024, Independence Realty Trust Inc ( NYSE:IRT ), a multifamily apartment REIT, released its 8-K filing , announcing its financial results for the fourth quarter and full year of 2023. The company, which operates across non-gateway U.S.
Show less
Read more
Impact Snapshot
Event Time:
IRT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
IRT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
IRT alerts
High impacting Independence Realty Trust, Inc. news events
Weekly update
A roundup of the hottest topics
IRT
News
- Independence Realty Trust: Poised To Outperform Thanks To Low Leverage And Improving Occupancy [Seeking Alpha]Seeking Alpha
- Independence Realty Trust, Inc. (NYSE:IRT) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Independence Realty Trust Announces First Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Independence Realty Trust Announces First Quarter 2024 Financial ResultsBusiness Wire
- Independence Realty Trust Announces First Quarter 2024 Earnings Release and Conference Call DatesBusiness Wire
IRT
Earnings
- 4/24/24 - Miss
IRT
Sec Filings
- 5/7/24 - Form 8-K
- 4/30/24 - Form 10-Q
- 4/24/24 - Form 8-K
- IRT's page on the SEC website