INDEPENDENCE REALTY TRUST, INC. (IRT) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Low Risk
Limited dilution potential
Last updated: April 30, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 5.08% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
240M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

IRT currently has 236M outstanding shares. with minimal authorized share overhang for future dilution. The company has minimally diluted shareholders by 5.08% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Apr 30, 2026

10-Q filing | 236.4M shares outstanding

240M 0
Oct 30, 2025

10-Q filing | 234.3M shares outstanding

230M 0
May 01, 2025

10-Q filing | 231.8M shares outstanding

230M 0
Feb 18, 2025

10-K filing | 225.6M shares outstanding

230M 0
Oct 31, 2024

10-Q filing | 224.8M shares outstanding

220M 0
Sep 05, 2024

8-K filing: Independence Realty Trust, Inc. completed an offering of 11,500,000 shares of common stock at a price to the underwriters of $18.96 per share on September 5, 2024.

230M 0
Sep 03, 2024

8-K filing: During August 2024, the Company entered into forward sale transactions under the ATM Program for the forward sale of an aggregate of 1,500,000 shares of its common stock, with expected gross proceeds of approximately $29,600,000, to be physically settled by September 30, 2025. ($29.6M proceeds)

230M 0
Aug 01, 2024

10-Q filing | 225.4M shares outstanding

230M 0
Apr 30, 2024

10-Q filing | 225.2M shares outstanding

230M 0
Feb 28, 2024

10-K filing | 224.4M shares outstanding

220M 0
Oct 31, 2023

10-Q filing | 224.5M shares outstanding

220M 0
Jul 27, 2023

10-Q filing | 224.4M shares outstanding

220M 0
Apr 28, 2023

10-Q filing | 224.2M shares outstanding

220M 0
Feb 23, 2023

10-K filing | 223.1M shares outstanding

220M 0
Oct 27, 2022

10-Q filing | 222.9M shares outstanding

220M 0
Jul 28, 2022

10-Q filing | 221.2M shares outstanding

220M 0
May 04, 2022

10-Q filing | 220.8M shares outstanding

220M 0
Feb 24, 2022

10-K filing | 221.0M shares outstanding

220M 0
Dec 16, 2021

8-K filing: IRT issued and physically settled 16.1 million shares of IRT Common Stock under the forward equity sales agreements, receiving net proceeds of $271.8 million. ($271.8M proceeds)

100M 0
Oct 29, 2021

10-Q filing | 104.9M shares outstanding

100M 0
Jul 30, 2021

8-K filing: Independence Realty Trust completed an offering of 16,100,000 shares of common stock at a price of $17.04 per share through a forward sale agreement.

100M 0
Jul 26, 2021

8-K filing: Independence Realty Trust, Inc. (IRT) entered into a merger agreement with Steadfast Apartment REIT, Inc. (STAR), increasing the number of authorized shares of IRT common stock, amending bylaws regarding forum selection, and executing a lock-up agreement with STAR's CEO.

100M 0
Jul 26, 2021

10-Q filing | 102.9M shares outstanding

100M 0
Apr 30, 2021

10-Q filing | 101.7M shares outstanding

100M 0
Feb 18, 2021

10-K filing | 94.7M shares outstanding

95M 0
Oct 29, 2020

10-Q filing | 95.2M shares outstanding

95M 0
Jul 30, 2020

10-Q filing | 94.4M shares outstanding

94M 0
May 07, 2020

10-Q filing | 90.9M shares outstanding

91M 0
Feb 24, 2020

8-K filing: Independence Realty Trust, Inc. completed an offering of 10,350,000 shares of common stock at a price to the underwriters of $14.688 per share on February 24, 2020.

90M 0
Feb 18, 2020

10-K filing | 90.4M shares outstanding

90M 0
Weekly Research

Get Weekly Super Stonk Alerts

Never miss a squeeze opportunity. Get our weekly analysis of high short interest stocks, AI-discovered gems, and dilution warnings delivered to your inbox.

No spam Unsubscribe anytime