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Video: Compound Annual Growth Rate (CAGR) Definition
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 |
| Date |
Open |
High |
Low |
Close |
Volume |
| 05/04/2026 |
$16.18 |
$16.51 |
$16.14 |
$16.46 |
2.48M | | 05/05/2026 |
$16.47 |
$16.66 |
$16.39 |
$16.50 |
1.61M | | 05/06/2026 |
$16.56 |
$16.71 |
$16.41 |
$16.42 |
2.39M | | 05/07/2026 |
$16.36 |
$16.64 |
$16.35 |
$16.37 |
3.51M | | 05/08/2026 |
$16.37 |
$16.53 |
$16.31 |
$16.43 |
1.38M |
 |
| Independence Realty Trust, Inc. is a self-administered and self-managed real estate investment trust (REIT). Co.'s investment strategy is focused on gaining scale near major employment centers within submarkets that offer good school districts and retail. Co. acquires, owns, operates, improves, and manages multifamily apartment communities across non-gateway U.S. markets. Co. owns and operates approximately 113 multifamily apartment properties across non-gateway U.S. markets, including Atlanta, Columbus, Dallas, Denver, Houston, Indianapolis, Nashville, Oklahoma City, Raleigh-Durham, and Tampa, Florida. | |
 |

Independence Realty Trust (IRT) has the following price history information. Looking back at IRT historical stock prices for the last five trading days, on May 04, 2026, IRT opened at $16.18, traded as high as $16.51 and as low as $16.14, and closed at $16.46. Trading volume was a total of 2.48M shares. On May 05, 2026, IRT opened at $16.47, traded as high as $16.66 and as low as $16.39, and closed at $16.50. Trading volume was a total of 1.61M shares. On May 06, 2026, IRT opened at $16.56, traded as high as $16.71 and as low as $16.41, and closed at $16.42. Trading volume was a total of 2.39M shares. On May 07, 2026, IRT opened at $16.36, traded as high as $16.64 and as low as $16.35, and closed at $16.37. Trading volume was a total of 3.51M shares. On May 08, 2026, IRT opened at $16.37, traded as high as $16.53 and as low as $16.31, and closed at $16.43. Trading volume was a total of 1.38M shares.
IRT Historical Stock Prices By Date:

Below, we examine the compound annual growth rate — CAGR for short — of an investment into Independence Realty Trust shares, starting with a $10,000 purchase of IRT, and working forward through the historical stock price information to today.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
05/11/2016 |
|
| End date: |
05/08/2026 |
|
| Start price/share: |
$7.70 |
|
| End price/share: |
$16.43 |
|
| Starting shares: |
1,298.70 |
|
| Ending shares: |
2,133.22 |
|
| Dividends reinvested/share: |
$6.44 |
|
| Total return: |
250.49% |
|
| Average Annual Total Return: |
13.37% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$35,061.63 |
|
| Years: |
10.00 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
05/11/2016 |
|
| End date: |
05/08/2026 |
|
| Start price/share: |
$7.70 |
|
| End price/share: |
$16.43 |
|
| Dividends collected/share: |
$6.44 |
|
| Total return: |
197.01% |
|
| Average Annual Total Return: |
11.50% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$29,690.61 |
|
| Years: |
10.00 |
|
|
 |
| Date |
Close |
| 05/04/2026 | $16.46 | | 05/05/2026 | $16.50 | | 05/06/2026 | $16.42 | | 05/07/2026 | $16.37 | | 05/08/2026 | $16.43 |
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