Independence Realty Trust Inc (IRT) Downgraded to Neutral
Colliers Securities downgrades Independence Realty Trust Inc (IRT) to Neutral from Buy, reflecting caution on the company's outlook.
Independence Realty Trust, Inc. is a real estate investment trust, which acquires, owns, operates, improves, and manages multifamily apartment communities across non-gateway U.S. markets. The company is headquartered in Philadelphia, Pennsylvania and currently employs 917 full-time employees. The company went IPO on 2013-08-13. Its primary business objective is to provide attractive risk-adjusted returns to stockholders through diligent portfolio management, operational performance, and consistent returns on capital through distributions and capital appreciation. Its segments include same-store and non-same-store. The company owns and operates approximately 113 multifamily apartment properties (including one owned through a consolidated joint venture) that contain an aggregate of 33,615 units in the Southeastern and Midwestern states: Alabama, Colorado, Florida, Georgia, Indiana, Kentucky, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, and Texas. The firm owns all of its assets and conducts all its operations through Independence Realty Operating Partnership, LP.
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Last Updated: Nov 20, 2025, 11:42 PM · Source: Finnhub.io
Colliers Securities downgrades Independence Realty Trust Inc (IRT) to Neutral from Buy, reflecting caution on the company's outlook.
Insider Gebert Richard D sold 39,872 shares of IRT stock for $678K.
Independence Realty Trust Inc (IRT) announces a $0.17 dividend per share, payable to shareholders of record.