Highest-materiality recent filing
IRT Q2 2026 EPS $0.01, CFFO $0.28; same-store NOI up 1.2%; guidance affirmed
EPS of $0.01 (down from $0.03 YoY); CFFO per share $0.28 (flat YoY).
IRT Q1 2026 EPS $0.00, CFFO $0.26/sh, same-store NOI +1.0%, guidance affirmed
Q1 net loss available to common shares of $0.1M vs net income of $8.4M in prior year; EPS $0.00 vs $0.04.
IRT reports FY2025 EPS $0.24, CFFO $1.17; new $350M term loan refinances 2026 maturities
FY2025 net income $56.6M, EPS $0.24; CFFO $279.8M ($1.17/share) vs. $1.16 in 2024.
IRT Q3 2025 EPS $0.03, CFFO $0.29/sh, same-store NOI up 2.7%
Net income available to common shares of $6.9M ($0.03 EPS) vs $12.4M ($0.05) YoY.
IRT Q2 CFFO $0.28 in line; same-store NOI +2.0%; $155M Orlando acquisitions under contract
Q2 EPS of $0.03 (down from $0.05 YoY); CFFO per share flat at $0.28.
IRT Q1 EPS $0.04, same-store NOI up 2.7%, CFFO flat; affirms 2025 guidance
Net income of $8.4M ($0.04 diluted EPS) vs $17.6M ($0.08) in Q1 2024.
IRT Q4 CFFO $0.32, FY net income $39.3M; guides 2025 CFFO $1.16-$1.19
Q4 net loss $1.0M vs loss $40.5M YoY; full-year net income $39.3M vs loss $17.2M.
IRT expands revolver to $750M, extends maturity to 2029, cuts interest margins 34 bps
Revolving credit facility increased from $500M to $750M; maturity extended from Jan 2026 to Jan 2029.
IRT reports Q3 net income $12.4M; receives 'BBB' S&P rating; plans $184M acquisitions
Net income $12.4M ($0.05 EPS) vs $3.9M ($0.02 EPS) YoY; same-store NOI grew 2.2%.
IRT reports Q2 2024 same-store NOI down 2.1% YoY; core FFO $0.20/share
Same-store revenue flat at $168.2M; NOI fell to $99.9M from $102.1M YoY.
IRT closes public offering of 11.5M shares at $19.75 via forward sale agreements
11,500,000 shares sold at $19.75 per share, including full exercise of the underwriters' 1.5M share option.
IRT Q2 EPS flat at $0.05, same-store NOI +2.8%, raises full-year guidance midpoint
Q2 net income $10.4M, EPS $0.05 (flat YoY); Core FFO $63.6M ($0.28/share).
IRT Q1 net income doubles to $17.6M; same-store NOI up 2.4%
Net income available to common shares $17.6M ($0.08 diluted EPS) vs $8.6M ($0.04) YoY.
IRT Q4 net loss $40.5M; CFFO $0.30/share; 2024 EPS guide $0.42
Q4 net loss available to common shares $40.5M vs net income $33.6M in Q4 2022; loss per diluted share $0.18.
IRT Q3 net income falls 76% YoY to $3.9M; plans to sell 10 properties with up to $74M impairments
Net income $3.9M ($0.02 diluted EPS) vs $16.2M ($0.07) YoY; Core FFO rose to $0.30/share from $0.28.
IRT Q2 net income $10.7M vs loss; raises FY2023 EPS and Core FFO guidance
Net income available to common shares of $10.7M ($0.05 diluted EPS) vs $(7.2M) loss ($(0.03) EPS) YoY.
IRT updates 2023 guidance: same-store NOI growth 6.5%, Core FFO per share $1.12-$1.16
Q1 2023 same-store NOI growth 8.2% YoY; revenue +7.5%; NOI margin 63.3% (+40 bps).
IRT reports Q1 net income $8.6M, down 88% YoY; same-store NOI up 8.2%
Net income available to common shares $8.6M ($0.04 diluted EPS) vs $74.6M ($0.34) YoY.
IRT reports Q4 2022 net income $33.6M, EPS $0.15; 2023 guidance EPS $0.25 midpoint
Q4 2022 EPS $0.15 (diluted) vs $0.23 prior year; full-year EPS $0.53 vs $0.41.
IRT Q3 net income $16.2M; CFFO $0.28/share (+33% YoY); same-store NOI +11.5%
Net income available to common shares $16.2M vs $11.5M in Q3 2021; diluted EPS $0.07 vs $0.11 due to share-count increase.
On September 3, 2024, the Board of Directors of Independence Realty Trust, Inc. (the “Company”) appointed James J. Sebra, its Chief Financial Officer, to the additional position of President of the Company.
Scott F. Schaeffer, who previously held the positions of Chairman of the Board of Directors, President and Chief Executive Officer of the Company, will continue as Chairman of the Board of Directors and Chief Executive Officer of the Company.
On February 29, 2024, the Board of Directors (the “Board”) of Independence Realty Trust, Inc. (the “Company”) increased the size of the Board from 9 to 10 directors and appointed Craig Macnab, an additional independent director, to fill the newly created vacancy and whose term will expire at the Company’s 2024 annual meeting of stockholders (“2024 Annual Meeting”), or until his earlier death, resignation, disqualification or removal.
On July 13, 2023, Jessica K. Norman, Chief Legal Officer of Independence Realty Trust, Inc., resigned her position effective on or about September 8, 2023.
On March 13, 2023, Independence Realty Trust, Inc. (the “Company”) and Farrell Ender, the Company’s President, agreed that Mr. Ender will resign from employment with the Company, effective May 1, 2023.
In connection with Mr. Ender’s cessation of service, Scott Schaeffer, the Company’s Chief Executive Officer and the Chairman of its Board of Directors, has been appointed to also serve as the Company’s President.
Ms. Neyland will resign from employment as the Company’s Chief Operating Officer and resign from the Board, effective December 15, 2022.
the Board consists of the following ten directors: (i) Scott F. Schaeffer, Melinda H. McClure, Richard D. Gebert, DeForest Blake Soaries Jr. and Lisa Washington, each a continuing director of the Board, and (ii) Stephen R. Bowie, Ned W. Brines, Ana Marie del Rio, Ella S. Neyland and Thomas H. Purcell, each a former director of STAR.
William C. Dunkelberg resigned as a member of the board of directors of IRT
the Board consists of the following ten directors: (i) Scott F. Schaeffer, Melinda H. McClure, Richard D. Gebert, DeForest Blake Soaries Jr. and Lisa Washington, each a continuing director of the Board, and (ii) Stephen R. Bowie, Ned W. Brines, Ana Marie del Rio, Ella S. Neyland and Thomas H. Purcell, each a former director of STAR.
the Board consists of the following ten directors: (i) Scott F. Schaeffer, Melinda H. McClure, Richard D. Gebert, DeForest Blake Soaries Jr. and Lisa Washington, each a continuing director of the Board, and (ii) Stephen R. Bowie, Ned W. Brines, Ana Marie del Rio, Ella S. Neyland and Thomas H. Purcell, each a former director of STAR.
Ella S. Neyland became the Chief Operating Officer of IRT
Max materiality 0.80 · Median 0.45 · Most common event earnings