Independence Realty Trust (NYSE:IRT) vs. InterRent Real Estate Investment Trust (OTCMKTS:IIPZF) Head-To-Head Survey

InterRent Real Estate Investment Trust (OTCMKTS:IIPZF) and Independence Realty Trust (NYSE:IRT) are both finance companies, but which is the superior business? We will contrast the two companies based on the strength of their valuation, analyst recommendations, earnings, risk, institutional ownership, profitability and dividends.

Dividends

InterRent Real Estate Investment Trust pays an annual dividend of $0.29 per share and has a dividend yield of 3.0%. Independence Realty Trust pays an annual dividend of $0.68 per share and has a dividend yield of 4.1%. InterRent Real Estate Investment Trust pays out 290.0% 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 pays out 283.3% 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 has increased its dividend for 3 consecutive years. Independence Realty Trust is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Analyst Ratings

This is a summary of current ratings and recommmendations for InterRent Real Estate Investment Trust and Independence Realty Trust, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
InterRent Real Estate Investment Trust	1	0	0	0	1.00
Independence Realty Trust	1	4	8	0	2.54

Independence Realty Trust has a consensus target price of $20.95, suggesting a potential upside of 26.89%. Given Independence Realty Trust’s stronger consensus rating and higher possible upside, analysts clearly believe Independence Realty Trust is more favorable than InterRent Real Estate Investment Trust.

Valuation and Earnings

This table compares InterRent Real Estate Investment Trust 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
InterRent Real Estate Investment Trust	$178.28 million	7.69	-$113.59 million	$0.10	98.03
Independence Realty Trust	$657.70 million	5.96	$56.56 million	$0.24	68.79

Independence Realty Trust has higher revenue and earnings than InterRent Real Estate Investment Trust. Independence Realty Trust is trading at a lower price-to-earnings ratio than InterRent Real Estate Investment Trust, indicating that it is currently the more affordable of the two stocks.

Insider & Institutional Ownership

88.3% of Independence Realty Trust shares are owned by institutional investors. 6.8% of InterRent Real Estate Investment Trust shares are owned by company insiders. Comparatively, 0.6% of Independence Realty Trust shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Profitability

This table compares InterRent Real Estate Investment Trust and Independence Realty Trust’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
InterRent Real Estate Investment Trust	7.30%	0.79%	0.44%
Independence Realty Trust	8.60%	1.58%	0.94%

Volatility and Risk

InterRent Real Estate Investment Trust has a beta of 0.93, indicating that its stock price is 7% less volatile than the S&P 500. Comparatively, Independence Realty Trust has a beta of 0.99, indicating that its stock price is 1% less volatile than the S&P 500.

Summary

Independence Realty Trust beats InterRent Real Estate Investment Trust on 14 of the 17 factors compared between the two stocks.

About InterRent Real Estate Investment Trust

InterRent?REIT is a growth-oriented real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable distribution?through the acquisition and ownership of multi-residential properties. InterRent’s strategy is to expand its portfolio primarily within?markets that have exhibited stable market vacancies,?sufficient suites available to attain the critical mass necessary to implement?an efficient portfolio management structure, and?offer opportunities for accretive acquisitions. InterRent’s primary objectives are to use the proven industry experience of the Trustees,?Management and Operational Team to: (i)?to grow both funds from operations per Unit and net asset value per Unit through investments in a diversified portfolio of multi-residential properties; (ii)?to provide Unitholders with sustainable and growing cash distributions, payable monthly; and (iii)?to maintain a conservative payout ratio and balance sheet.

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.