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NYSE: IRT
Independence Realty Trust (IRT) stock, explained like you're 5
Independence Realty Trust trades on the New York Stock Exchange under the ticker IRT. It is a mid cap company in the real estate investment trusts industry, part of the real estate sector, with a market value of about 3.5 billion dollars.
- Ticker
- IRT
- Exchange
- New York Stock Exchange
- Sector
- Real Estate
- Industry
- Real Estate Investment Trusts
- Size
- Mid cap, about 3.5 billion dollars
Is Independence Realty Trust a small, medium or large cap company?
No. Independence Realty Trust is a mid cap stock, not a large cap. Its market cap, which is the total value of all its shares, is about 3.5 billion dollars.
Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.
How Independence Realty Trust makes money
- Collecting rent from buildings, towers, warehouses or homes.
- Owning and managing property.
- Fees for services tied to real estate.
What moves IRT stock
- Interest rates, which affect borrowing costs and property values.
- Occupancy and how much rent can be charged.
- Demand for the type of property they own.
In the news lately
- Independence Realty Trust, Inc. (IRT) Stock Forecasts (Yahoo Finance)
- Independence Realty Trust (NYSE:IRT) Stock Price Target Lowered at Barclays (MarketBeat)
- IRT Stock Alert: Halper Sadeh LLC is Investigating Whether Independence Realty Trust, Inc. is Obtaining a Fair Price for its Shareholders (Business Wire)
- IRT Maintained by UBS Price Target Lowered to $17.00 (GuruFocus)
- Independence Realty Trust and Centerspace to Merge in $8.1 Billion Combination (PR Newswire)
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Questions about Independence Realty Trust stock
What does Independence Realty Trust do?
Independence Realty Trust trades on the New York Stock Exchange under the ticker IRT. It is a mid cap company in the real estate investment trusts industry, part of the real estate sector, with a market value of about 3.5 billion dollars.
What is the ticker symbol for Independence Realty Trust?
Independence Realty Trust trades under the ticker IRT on the New York Stock Exchange.
What is Independence Realty Trust's market cap?
Independence Realty Trust is a mid cap stock with a market cap of about 3.5 billion dollars.
How does Independence Realty Trust make money?
Collecting rent from buildings, towers, warehouses or homes. Owning and managing property. Fees for services tied to real estate.
What moves IRT stock?
Interest rates, which affect borrowing costs and property values. Occupancy and how much rent can be charged. Demand for the type of property they own.
How can I follow IRT stock every day?
Add IRT to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.
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Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.