Independence Realty Trust, Inc. (IRT) Swings to Q4 Profit With $33.3M in Net Income

Independence Realty Trust, Inc. (NYSE:IRT) is among the 20 Best Investments in 2026.

Independence Realty Trust, Inc. (IRT) Swings to Q4 Profit With $33.3M in Net Income

Independence Realty Trust, Inc. (NYSE:IRT) is among the best investments.

TheFly reported on February 18 that Citi reduced its price target for IRT to $18 from $19.50 and maintained a Neutral rating on the stock.

The fourth quarter and year-end results of Independence Realty Trust, Inc. (NYSE:IRT), which concluded on December 31, 2025, were also released on February 11. The company’s fourth quarter net income attributable to common shareholders was $33.3 million, or $0.14 per diluted share, compared to a net loss during the same period last year. Core FFO remained constant at $78.9 million, or $0.32 per share, compared to the same time in 2024. Adjusted EBITDA increased to $98.5 million, while same-store NOI was up 1.8%.

Additionally, the reports showed that Core FFO was $279.8 million, or $1.17 per share, while net income for the entire year was $56.6 million, or $0.24 per diluted share. NOI at the same store increased 2.4% during the year. In addition, the business announced a new $350 million unsecured term loan that will mature in 2030 and provided a 2026 projection, predicting EPS of $0.21–$0.28 and Core FFO per share of $1.12–$1.16.

Independence Realty Trust, Inc. (NYSE:IRT) is a REIT that owns, manages, and develops multifamily residential properties across the U.S., focusing on high-quality apartments and long-term tenant satisfaction.

While we acknowledge the potential of IRT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than IRT and that has a 100x upside potential, check out our report about the cheapest AI stock.

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