|Bid||22.08 x 800|
|Ask||22.13 x 900|
|Day's range||21.98 - 22.46|
|52-week range||13.15 - 25.98|
|Beta (5Y monthly)||0.93|
|PE ratio (TTM)||78.32|
|Earnings date||16 Feb 2022|
|Forward dividend & yield||0.48 (2.18%)|
|Ex-dividend date||29 Dec 2021|
|1y target est||26.80|
The heavy selling pressure might have exhausted for Independence Realty Trust (IRT) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Independence Realty Trust (IRT) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.
PHILADELPHIA, January 18, 2022--Independence Realty Trust, Inc. (NYSE: IRT) ("IRT") today announced that it expects to release its fourth quarter and full year 2021 financial results after market close on Wednesday, February 16, 2022, and will hold its quarterly results conference call on Thursday, February 17, 2022 at 9:00 a.m. Eastern Time.