Independence Realty Trust Inc. (NYSE: IRT) is set to report Q2 2025 earnings on July 30. Analysts expect EPS of $0.28 and revenue of $164.78 million, up from $158.10 million a year earlier. The stock traded at $7.98 per share 10 years ago and now sits at $17.55.

With a dividend yield of 3.87%, Independence Realty has paid about $6.75 in dividends per share over the last 10 years, totaling $8,459. Combining stock price appreciation and dividends, a $10,000 investment 10 years ago would now be worth $30,451, a 204.51% return.

Independence Realty has a consensus “Buy” rating and a price target of $21.36, implying a more than 21% potential upside from the current stock price. The company posted Q1 2025 earnings of $0.27 FFO and $160.91 million in revenue, slightly missing estimates.

CEO Scott Schaeffer is optimistic about the company’s growth prospects in 2025 and beyond. Independence Realty expects full-year 2025 FFO per share to be in the range of $1.19 to $1.22. Investors may find the stock attractive given the expected upside potential and solid dividend yield of 3.87%.

Read more at Yahoo Finance: If You Invested $10K In Independence Realty Stock 10 Years Ago, How Much Would You Have Now?