Financial Survey: Irish Residential Properties REIT (OTCMKTS:RSHPF) versus Independence Realty Trust (NYSE:IRT)

Irish Residential Properties REIT (OTCMKTS:RSHPF) and Independence Realty Trust (NYSE:IRT) are both real estate companies, but which is the superior business? We will contrast the two companies based on the strength of their profitability, valuation, earnings, analyst recommendations, risk, institutional ownership and dividends.

Institutional & Insider Ownership

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

Analyst Ratings

This is a breakdown of recent recommendations and price targets for Irish Residential Properties REIT and Independence Realty Trust, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Irish Residential Properties REIT	0	0	0	0	N/A
Independence Realty Trust	1	0	6	0	2.71

Independence Realty Trust has a consensus target price of $19.57, indicating a potential downside of 1.05%. Given Independence Realty Trust’s higher probable upside, analysts clearly believe Independence Realty Trust is more favorable than Irish Residential Properties REIT.

Valuation and Earnings

This table compares Irish Residential Properties REIT and Independence Realty Trust”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Irish Residential Properties REIT	N/A	N/A	N/A	N/A	N/A
Independence Realty Trust	$660.98 million	6.74	-$17.23 million	($0.03)	-659.11

Irish Residential Properties REIT has higher earnings, but lower revenue than Independence Realty Trust.

Profitability

This table compares Irish Residential Properties REIT and Independence Realty Trust’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Irish Residential Properties REIT	N/A	N/A	N/A
Independence Realty Trust	-1.32%	-0.24%	-0.14%

Summary

Independence Realty Trust beats Irish Residential Properties REIT on 5 of the 8 factors compared between the two stocks.

About Irish Residential Properties REIT

Irish Residential Properties REIT plc (together with IRES Residential Properties Limited & IRES Fund Management Limited, the “Group”) is a growth oriented Real Estate Investment Trust that is focused on acquiring, holding, managing and developing investments primarily focused on private residential rental accommodations in Ireland. The Group currently owns 3,915 apartments and houses for private rental in Dublin and Cork with an additional 91 units due for delivery before the end of H1 2022 under pre-purchase contracts and a further 44 units in 2023. The Company has a further 61 units currently under construction directly on owned sites due in H1 2022 and has planning approval to develop an additional 543 residential units on its existing sites. The Company’s shares are listed on Euronext Dublin.

About Independence Realty Trust

Independence Realty Trust, Inc. (NYSE: IRT) is a real estate investment trust that owns and operates multifamily communities, across non-gateway U.S. markets including Atlanta, GA, Dallas, TX, Denver, CO, Columbus, OH, Indianapolis, IN, Raleigh-Durham, NC, Oklahoma City, OK, Nashville, TN, Houston, TX, and Tampa, FL. IRT’s investment strategy is focused on gaining scale near major employment centers within key amenity rich submarkets that offer good school districts and high-quality retail. IRT aims to provide stockholders attractive risk-adjusted returns through diligent portfolio management, strong operational performance, and a consistent return on capital through distributions and capital appreciation.