If You Invested $10K In Independence Realty Stock 10 Years Ago, How Much Would You Have Now?

Core Viewpoint - Independence Realty Trust Inc. is a real estate investment trust focused on multifamily communities in non-gateway U.S. markets, with upcoming earnings expectations indicating a decline in EPS but an increase in quarterly revenue [1][2]. Financial Performance - The company is set to report Q3 2025 earnings on October 29, with analysts expecting EPS of $0.15, down from $0.29 in the prior-year period [2]. - Quarterly revenue is anticipated to reach $169.54 million, an increase from $159.86 million a year earlier [2]. - For Q2 2025, the company reported FFO of $0.28, meeting expectations, while revenues of $161.89 million fell short of the consensus of $165.21 million [6]. Historical Investment Performance - If an investor had purchased Independence Realty stock 10 years ago at approximately $7.55 per share, a $10,000 investment would have allowed the purchase of roughly 1,325 shares, which would now be valued at $21,430 based on the current share price of $16.18 [3]. - Over the past decade, the company has paid about $6.92 in dividends per share, resulting in an additional $9,166 from dividends alone [4]. - The total value of the investment, combining stock appreciation and dividends, would be $30,596, representing a total return of 205.96%, which is lower than the S&P 500 total return of 298.30% for the same period [5]. Future Outlook - The company has a consensus rating of "Buy" with a price target of $20.86, suggesting a potential upside of over 28% from the current stock price [6]. - The CEO highlighted the company's focus on capital deployment opportunities by trading out of older assets into newer communities in high-growth markets, despite ongoing macroeconomic challenges [7].