Independence Realty Trust Inc Declares Dividend of $0.06 (IRT)
Independence Realty Trust (NYSE:IRT) announced a dividend on Thursday, July 10th, Analyst Ratings Network reports. Investors of record on Friday, August 29th will be paid a dividend of 0.06 per share on Tuesday, September 16th. The ex-dividend date is Wednesday, August 27th.
Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of Independence Realty Trust from a “neutral” rating to an “outperform” rating in a research note on Monday. They now have a $10.80 price target on the stock. On the ratings front, analysts at Wunderlich raised their price target on shares of Independence Realty Trust from $9.75 to $10.75 in a research note on Monday, August 4th. They now have a “buy” rating on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Independence Realty Trust in a research note on Tuesday, July 29th. They now have a $11.00 price target on the stock. Six analysts have rated the stock with a buy rating, The stock currently has an average rating of “Buy” and an average price target of $10.72.
Independence Realty Trust (NYSE:IRT) opened at 10.38 on Thursday. Independence Realty Trust has a one year low of $7.95 and a one year high of $10.84. The stock’s 50-day moving average is $9.96 and its 200-day moving average is $9.15.
Independence Realty Trust (NYSE:IRT) last issued its quarterly earnings data on Friday, August 1st. The company reported $0.19 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.20 by $0.01. The company had revenue of $11.60 million for the quarter, compared to the consensus estimate of $11.95 million. On average, analysts predict that Independence Realty Trust will post $0.72 earnings per share for the current fiscal year.
Independence Realty Trust, Inc, is a real estate investment trust (NYSE:IRT).
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