Independence Realty Buy Hold or Sell Recommendation

IRT -- USA Stock  

Fiscal Quarter End: December 31, 2019  

Considering 30-days investment horizon, and your above average risk tolerance our recommendation regarding Independence Realty Trust is 'Hold'. Macroaxis provides Independence Realty buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding IRT positions. The advice algorithm takes into account all of Independence Realty available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from IRT buy-and-hold prospective. Please also check Independence Realty Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.

Time Horizon

Risk Tolerance

Symbol
Execute Advice
Sell Independence RealtyBuy Independence Realty
Hold

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Piotroski F Score

Financial Leverage

Inapplicable
For the selected time horizon Independence Realty Trust has a risk adjusted performance of 0.0357, jensen alpha of 0.0313, total risk alpha of (0.039542), sortino ratio of (0.00002455) and treynor ratio of 0.1402
Our buy, hold, or sell suggestion tool can be used to cross verify current analyst consensus on Independence Realty and to analyze the organization potential to grow in the current economic cycle. To make sure Independence Realty Trust is not overpriced, please check out all Independence Realty fundamentals including its Number of Shares Shorted, Current Ratio, Current Asset, as well as the relationship between EBITDA and Number of Employees . Given that Independence Realty has Price to Earning of 36.47 , we strongly advise you confirm Independence Realty market performance and probability of bankruptcy to make sure the company can sustain itself in the current economic cycle given your regular risk tolerance and investing horizon.

Independence Realty Trading Alerts and Improvement Suggestions

Independence Realty has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial commitments
The company has 994.95 M in debt with debt to equity (D/E) ratio of 164.6 . This implies that the company may be unable to create cash to meet all of its financial commitments. Independence Realty has Current Ratio of 0.85 suggesting that it has not enough short term capital to pay financial commitments when the payables are due.
Over 90.0% of Independence Realty shares are owned by institutional investors
Latest headline from mitchellmessenger.com: Independence Realty Trust Inc Shares Purchased by Comerica Bank - Mitchell Messenger

Independence Realty current analysts recommendations

Target Median Price15.00
Target Mean Price14.24
Recommendation Mean2.50
Target High Price16.00
Number Of Analyst Opinions9
Target Low Price12.00

Independence Realty Returns Distribution Density

Mean Return0.06Value At Risk2.14
Potential Upside1.71Standard Deviation1.11
 Return Density 
      Distribution 

Institutional Investors

Security TypeSharesValue
Blackrock IncCommon Shares16.1 M229.9 M
Vanguard Group IncCommon Shares10.5 M149.7 M
Renaissance Technologies LlcCommon Shares5.9 M84.6 M
Alliancebernstein LpCommon Shares5.8 M83.3 M
State Street CorpCommon SharesM72.6 M
Invesco LtdCommon Shares2.4 M33.8 M
Principal Financial Group IncCommon Shares2.3 M32.9 M

Independence Realty Greeks

α
Alpha over DOW
=0.031287
β
Beta against DOW=0.34
σ
Overall volatility
=1.10
Ir
Information ratio =0.00

Independence Realty Volatility Alert

Independence Realty Trust has relatively low volatility with skewness of -0.83 and kurtosis of 2.86. However, we advise all investors to independently investigate Independence Realty Trust to ensure market all accessible information is consistent with the expectations about its upside potential and future risk-adjusted return.
    
 Better Than Average     
    
 Worse Than Average Compare Independence Realty to competition

Independence Realty Fundamental Vs Peers

FundamentalsIndependence RealtyPeer Average
Return On Equity(0.0116) (0.31) 
Return On Asset0.0049 (0.14) 
Profit Margin0.44 (1.27) 
Operating Margin50.32 (5.51) 
Current Valuation2.35 B16.62 B
Shares Outstanding90.89 M571.82 M
Shares Owned by Insiders0.69 10.09 
Shares Owned by Institutions90.30 39.21 
Number of Shares Shorted2.55 M4.71 M
Price to Earning36.47 28.72 
Price to Book2.27 9.51 
Price to Sales6.76 11.42 
Revenue201.6 M9.43 B
Gross Profit107.91 M27.38 B
EBITDA101.46 M3.9 B
Net Income36.69 M570.98 M
Cash and Equivalents7.57 M2.7 B
Cash per Share0.08 5.01 
Total Debt994.95 M5.32 B
Debt to Equity164.60 48.70 
Current Ratio0.87 2.16 
Book Value Per Share6.11 1.93 K
Cash Flow from Operations136.22 M971.22 M
Short Ratio5.88 4.00 
Earnings Per Share0.41 3.12 
Price to Earnings To Growth9.53 4.89 
Number of Employees44418.84 K
Beta0.78-0.15
Market Capitalization1.36 B19.03 B
Total Asset1.39 B29.47 B
Retained Earnings(16.09 M)9.33 B
Working Capital23.53 M1.48 B
Current Asset47.08 M9.34 B
   Acquisition by Melinda McClure of 5474 shares of Independence Realty subject to Rule 16b-3 [view details]
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