Pete Rushing - Independence Realty Senior Marketing

IRT Stock  USD 17.23  0.15  0.88%   

Executive

Pete Rushing is Senior Marketing of Independence Realty Trust
Address 1835 Market Street, Philadelphia, PA, United States, 19103-2935
Phone267 270 4800
Webhttps://www.irtliving.com

Independence Realty Management Efficiency

The company has Return on Asset of 0.0141 % which means that on every $100 spent on assets, it made $0.0141 of profit. This is way below average. Independence Realty's management efficiency ratios could be used to measure how well Independence Realty manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to -0.0026 in 2024. Return On Capital Employed is likely to drop to 0.02 in 2024. At this time, Independence Realty's Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 6.6 B in 2024, whereas Non Current Liabilities Total is likely to drop slightly above 971.7 M in 2024.
The company has 2.43 B in debt with debt to equity (D/E) ratio of 0.68, which is OK given its current industry classification. Independence Realty Trust has a current ratio of 0.77, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Independence Realty until it has trouble settling it off, either with new capital or with free cash flow. So, Independence Realty's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Independence Realty Trust sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Independence to invest in growth at high rates of return. When we think about Independence Realty's use of debt, we should always consider it together with cash and equity.

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is a real estate investment trust that owns and operates multifamily apartment properties across non-gateway U.S. markets, including Atlanta, Louisville, Memphis, and Raleigh. IRT aims to provide stockholders attractive risk-adjusted returns through diligent portfolio management, strong operational performance, and a consistent return on capital through distributions and capital appreciation. Independence Realty operates under REITResidential classification in the United States and is traded on New York Stock Exchange. It employs 937 people. Independence Realty Trust (IRT) is traded on New York Stock Exchange in USA. It is located in 1835 Market Street, Philadelphia, PA, United States, 19103-2935 and employs 952 people. Independence Realty is listed under Multi-Family Residential REITs category by Fama And French industry classification.

Management Performance

Independence Realty Trust Leadership Team

Elected by the shareholders, the Independence Realty's board of directors comprises two types of representatives: Independence Realty inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Independence. The board's role is to monitor Independence Realty's management team and ensure that shareholders' interests are well served. Independence Realty's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Independence Realty's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mack Pridgen, Independent Director
Melinda McClure, Lead Independent Director
Ted McHugh, Investor Smithfield
Jason Lynch, Senior Dispositions
William Dunkelberg, Independent Director
Pete Rushing, Senior Marketing
Josh Kulick, Executive Innovation
Mike Kernan, Senior Redevelopment
Ella Neyland, Chief Operating Officer, Director
Jessica Norman, Chief Legal Officer, Secretary
Michele Weisbaum, General Secretary
James Sebra, CFO, Principal Accounting Officer and Treasurer
Alex Jorgensen, Investor Officer
Stephen Bowie, Independent Director
DeForest Soaries, Independent Director
Janice Richards, Senior Operations
Farrell Ender, President
Ana Rio, Director
Lisa Washington, Independent Director
Ned Brines, Independent Director
Gregory Marks, Senior Development
Mike Daley, Executive People
Thomas Purcell, Independent Director
Scott Schaeffer, Chairman of the Board, Chief Executive Officer
Richard Gebert, Independent Director
Jason Delozier, Chief Accounting Officer, Controller

Independence Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Independence Realty a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Independence Realty Trust is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Independence Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Independence Realty Trust Stock. Highlighted below are key reports to facilitate an investment decision about Independence Realty Trust Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Independence Realty Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
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When running Independence Realty's price analysis, check to measure Independence Realty's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Independence Realty is operating at the current time. Most of Independence Realty's value examination focuses on studying past and present price action to predict the probability of Independence Realty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Independence Realty's price. Additionally, you may evaluate how the addition of Independence Realty to your portfolios can decrease your overall portfolio volatility.
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Is Independence Realty's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Independence Realty. If investors know Independence will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Independence Realty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.029
Dividend Share
0.64
Earnings Share
(0.04)
Revenue Per Share
2.92
Quarterly Revenue Growth
(0.01)
The market value of Independence Realty Trust is measured differently than its book value, which is the value of Independence that is recorded on the company's balance sheet. Investors also form their own opinion of Independence Realty's value that differs from its market value or its book value, called intrinsic value, which is Independence Realty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Independence Realty's market value can be influenced by many factors that don't directly affect Independence Realty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Independence Realty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Independence Realty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Independence Realty's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.