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Independence Realty Trust (IRT) Competitors

$15.85
-0.26 (-1.61%)
(As of 05/29/2024 ET)

IRT vs. SUI, AMH, HST, UDR, KIM, WPC, LAMR, GLPI, ELS, and REG

Should you be buying Independence Realty Trust stock or one of its competitors? The main competitors of Independence Realty Trust include Sun Communities (SUI), American Homes 4 Rent (AMH), Host Hotels & Resorts (HST), UDR (UDR), Kimco Realty (KIM), W. P. Carey (WPC), Lamar Advertising (LAMR), Gaming and Leisure Properties (GLPI), Equity LifeStyle Properties (ELS), and Regency Centers (REG). These companies are all part of the "real estate investment trusts" industry.

Independence Realty Trust vs.

Sun Communities (NYSE:SUI) and Independence Realty Trust (NYSE:IRT) are both finance companies, but which is the better business? We will compare the two businesses based on the strength of their dividends, valuation, analyst recommendations, institutional ownership, media sentiment, community ranking, profitability, risk and earnings.

Sun Communities currently has a consensus price target of $136.27, suggesting a potential upside of 17.97%. Independence Realty Trust has a consensus price target of $17.00, suggesting a potential upside of 7.26%. Given Independence Realty Trust's higher probable upside, equities research analysts clearly believe Sun Communities is more favorable than Independence Realty Trust.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Sun Communities
0 Sell rating(s)
5 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.55
Independence Realty Trust
1 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.60

In the previous week, Independence Realty Trust had 2 more articles in the media than Sun Communities. MarketBeat recorded 5 mentions for Independence Realty Trust and 3 mentions for Sun Communities. Sun Communities' average media sentiment score of 1.80 beat Independence Realty Trust's score of 1.16 indicating that Independence Realty Trust is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Sun Communities
3 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Independence Realty Trust
5 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Sun Communities pays an annual dividend of $3.76 per share and has a dividend yield of 3.3%. Independence Realty Trust pays an annual dividend of $0.64 per share and has a dividend yield of 4.0%. Sun Communities pays out 324.1% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Independence Realty Trust pays out -2,132.6% of its earnings in the form of a dividend. Sun Communities has raised its dividend for 8 consecutive years and Independence Realty Trust has raised its dividend for 2 consecutive years. Independence Realty Trust is clearly the better dividend stock, given its higher yield and lower payout ratio.

99.6% of Sun Communities shares are owned by institutional investors. Comparatively, 88.3% of Independence Realty Trust shares are owned by institutional investors. 1.9% of Sun Communities shares are owned by company insiders. Comparatively, 0.6% of Independence Realty Trust shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Sun Communities has a net margin of 4.46% compared to Sun Communities' net margin of -1.26%. Independence Realty Trust's return on equity of 1.87% beat Sun Communities' return on equity.

Company Net Margins Return on Equity Return on Assets
Sun Communities4.46% 1.87% 0.84%
Independence Realty Trust -1.26%-0.23%-0.13%

Sun Communities received 35 more outperform votes than Independence Realty Trust when rated by MarketBeat users. Likewise, 61.37% of users gave Sun Communities an outperform vote while only 60.85% of users gave Independence Realty Trust an outperform vote.

CompanyUnderperformOutperform
Sun CommunitiesOutperform Votes
394
61.37%
Underperform Votes
248
38.63%
Independence Realty TrustOutperform Votes
359
60.85%
Underperform Votes
231
39.15%

Sun Communities has a beta of 0.83, indicating that its share price is 17% less volatile than the S&P 500. Comparatively, Independence Realty Trust has a beta of 1.07, indicating that its share price is 7% more volatile than the S&P 500.

Independence Realty Trust has lower revenue, but higher earnings than Sun Communities. Independence Realty Trust is trading at a lower price-to-earnings ratio than Sun Communities, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Sun Communities$3.22B4.46-$201M$1.1699.58
Independence Realty Trust$660.98M5.40-$17.23M-$0.03-528.16

Summary

Sun Communities beats Independence Realty Trust on 13 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding IRT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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IRT vs. The Competition

MetricIndependence Realty TrustReal estate investment trusts IndustryFinance SectorNYSE Exchange
Market Cap$3.63B$6.48B$9.07B$17.76B
Dividend Yield3.97%7.02%10.45%3.54%
P/E Ratio-528.1626.9355.6821.49
Price / Sales5.406.113,554.1310.07
Price / Cash17.6616.4327.9019.29
Price / Book1.008.953.125.82
Net Income-$17.23M$151.15M$1.01B$975.72M
7 Day Performance-4.46%-1.20%-0.61%-0.51%
1 Month Performance0.41%-0.02%1.63%2.67%
1 Year Performance-7.26%0.58%15.73%22.10%

Independence Realty Trust Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SUI
Sun Communities
4.5925 of 5 stars
$117.53
+0.3%
$136.27
+15.9%
-9.9%$14.65B$3.22B101.326,780Positive News
AMH
American Homes 4 Rent
4.5617 of 5 stars
$36.10
-0.1%
$39.71
+10.0%
+5.2%$13.22B$1.62B36.841,725Analyst Forecast
HST
Host Hotels & Resorts
4.3129 of 5 stars
$18.19
-0.6%
$21.29
+17.0%
+6.0%$12.82B$5.31B17.83163Positive News
UDR
UDR
4.1281 of 5 stars
$38.67
-0.7%
$40.35
+4.4%
-4.2%$12.73B$1.63B28.021,410Short Interest ↑
KIM
Kimco Realty
4.772 of 5 stars
$18.44
-0.2%
$21.52
+16.7%
+1.2%$12.43B$1.78B34.79N/AAnalyst Revision
WPC
W. P. Carey
3.8018 of 5 stars
$56.42
-0.6%
$63.18
+12.0%
-18.4%$12.35B$1.74B21.45197Positive News
LAMR
Lamar Advertising
3.4789 of 5 stars
$118.93
-0.8%
$109.50
-7.9%
+26.4%$12.16B$2.11B24.423,550
GLPI
Gaming and Leisure Properties
4.8715 of 5 stars
$44.57
-0.2%
$51.46
+15.5%
-7.5%$12.10B$1.44B16.4518Short Interest ↓
Positive News
ELS
Equity LifeStyle Properties
4.4654 of 5 stars
$61.82
0.0%
$68.85
+11.4%
-4.0%$11.53B$1.49B33.784,000Short Interest ↓
REG
Regency Centers
3.7223 of 5 stars
$59.51
+0.4%
$70.09
+17.8%
+4.9%$11.00B$1.32B29.03492

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This page (NYSE:IRT) was last updated on 5/30/2024 by MarketBeat.com Staff

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