Stephen Bowie - Independence Realty Independent Director
| IRT Stock | USD 17.59 0.11 0.62% |
Director
Stephen Bowie is Independent Director of Independence Realty Trust since 2021.
| Age | 70 |
| Tenure | 3 years |
| Address | 1835 Market Street, Philadelphia, PA, United States, 19103-2935 |
| Phone | 267 270 4800 |
| Web | https://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.Similar Executives
| Found 10 records | DIRECTOR Age | ||
| Donald Spitzer | Forestar Group | 71 | |
| Robert Robotti | AMREP | 67 | |
| William Hogan | American Realty Investors | 62 | |
| George Ringler | Forestar Group | 73 | |
| Lisa Jamieson | Forestar Group | 60 | |
| Ted Munselle | American Realty Investors | 64 | |
| Albert Russo | AMREP | 66 | |
| Samuel Fuller | Forestar Group | 77 | |
| Robert Jakuszewski | American Realty Investors | 58 | |
| Raymond Roberts | American Realty Investors | 89 | |
Management Performance
| Return On Equity | -0.0024 | ||||
| Return On Asset | 0.0141 |
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.
| Return On Equity | -0.0024 | ||||
| Return On Asset | 0.0141 | ||||
| Profit Margin | (0.01) % | ||||
| Operating Margin | 0.19 % | ||||
| Current Valuation | 6.33 B | ||||
| Shares Outstanding | 225.08 M | ||||
| Shares Owned By Insiders | 0.76 % | ||||
| Shares Owned By Institutions | 91.58 % | ||||
| Number Of Shares Shorted | 8.56 M | ||||
| Price To Earning | 103.51 X |
Pair Trading with Independence Realty
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Independence Realty position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Independence Realty will appreciate offsetting losses from the drop in the long position's value.Moving together with Independence Stock
Moving against Independence Stock
| 0.7 | WHLR | Wheeler Real Estate Buyout Trend | PairCorr |
| 0.65 | PK | Park Hotels Resorts | PairCorr |
| 0.6 | WY | Weyerhaeuser Financial Report 25th of July 2024 | PairCorr |
| 0.42 | OZ | Belpointe PREP LLC | PairCorr |
| 0.4 | FR | First Industrial Realty | PairCorr |
The ability to find closely correlated positions to Independence Realty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Independence Realty when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Independence Realty - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Independence Realty Trust to buy it.
The correlation of Independence Realty is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Independence Realty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Independence Realty Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Independence Realty can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Independence Stock Analysis
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.