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Independence Realty Trust (IRT) Competitors

$16.70
+0.48 (+2.96%)
(As of 05/31/2024 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.

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

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

In the previous week, Independence Realty Trust had 1 more articles in the media than Sun Communities. MarketBeat recorded 6 mentions for Independence Realty Trust and 5 mentions for Sun Communities. Independence Realty Trust's average media sentiment score of 1.67 beat Sun Communities' score of 1.40 indicating that Independence Realty Trust is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Independence Realty Trust
6 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
5 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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

Independence Realty Trust presently has a consensus target price of $17.00, suggesting a potential upside of 1.80%. Sun Communities has a consensus target price of $136.27, suggesting a potential upside of 15.50%. Given Sun Communities' higher possible upside, analysts clearly believe Sun Communities is more favorable than Independence Realty Trust.

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

Independence Realty Trust pays an annual dividend of $0.64 per share and has a dividend yield of 3.8%. Sun Communities pays an annual dividend of $3.76 per share and has a dividend yield of 3.2%. Independence Realty Trust pays out -2,132.6% of its earnings in the form of a dividend. 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 is clearly the better dividend stock, given its higher yield and lower payout ratio.

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

Independence Realty Trust has higher earnings, but lower revenue 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
Independence Realty Trust$660.98M5.69-$17.23M-$0.03-556.48
Sun Communities$3.22B4.56-$201M$1.16101.72

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

Company Net Margins Return on Equity Return on Assets
Independence Realty Trust-1.26% -0.23% -0.13%
Sun Communities 4.46%1.87%0.84%

Summary

Sun Communities beats Independence Realty Trust on 12 of the 20 factors compared between the two stocks.

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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$3.76B$6.61B$9.71B$17.79B
Dividend Yield3.95%7.03%5.96%3.55%
P/E Ratio-556.4837.2945.5125.81
Price / Sales5.696.75124.8211.40
Price / Cash17.7816.1916.4018.95
Price / Book1.069.223.305.90
Net Income-$17.23M$151.15M$1.01B$976.46M
7 Day Performance1.15%1.14%0.39%0.62%
1 Month Performance5.96%2.36%3.04%4.79%
1 Year Performance-4.60%2.67%17.31%24.00%

Independence Realty Trust Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SUI
Sun Communities
4.7294 of 5 stars
$117.53
+0.3%
$136.27
+15.9%
-7.9%$14.65B$3.22B101.326,780Positive News
AMH
American Homes 4 Rent
4.1611 of 5 stars
$36.10
-0.1%
$39.71
+10.0%
+3.7%$13.22B$1.62B36.841,725Analyst Forecast
HST
Host Hotels & Resorts
4.2473 of 5 stars
$18.19
-0.6%
$21.29
+17.0%
+7.1%$12.82B$5.31B17.83163Analyst Forecast
Analyst Revision
UDR
UDR
4.3157 of 5 stars
$38.67
-0.7%
$40.35
+4.4%
-3.7%$12.73B$1.63B28.021,410Analyst Forecast
Short Interest ↑
News Coverage
KIM
Kimco Realty
4.8105 of 5 stars
$18.44
-0.2%
$21.52
+16.7%
+6.3%$12.43B$1.78B34.79N/A
WPC
W. P. Carey
4.3469 of 5 stars
$56.42
-0.6%
$63.18
+12.0%
-18.5%$12.35B$1.74B21.45197Analyst Forecast
News Coverage
LAMR
Lamar Advertising
3.4135 of 5 stars
$118.93
-0.8%
$109.50
-7.9%
+29.1%$12.16B$2.11B24.423,550Analyst Upgrade
GLPI
Gaming and Leisure Properties
4.8122 of 5 stars
$44.57
-0.2%
$51.46
+15.5%
-7.7%$12.10B$1.44B16.4518Analyst Forecast
Short Interest ↓
ELS
Equity LifeStyle Properties
3.9719 of 5 stars
$61.82
0.0%
$68.85
+11.4%
-1.0%$11.53B$1.49B33.784,000Short Interest ↓
Positive News
REG
Regency Centers
3.7923 of 5 stars
$59.51
+0.4%
$70.09
+17.8%
+8.9%$11.00B$1.32B29.03492

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This page (NYSE:IRT) was last updated on 6/2/2024 by MarketBeat.com Staff

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