DeForest Soaries - Independence Realty Independent Director
IRT Stock | USD 20.73 0.13 0.62% |
Director
Dr. DeForest Blake Soaries Jr. D.Min. is Independent Director of the Independence Realty Trust, Inc. Dr. Soaries has served as one of our independent directors since February 2011. Dr. Soaries has served as a director for the Federal Home Loan Bank of New York since January 2009, a position which he previously held from February to December 2003. In this capacity, he served on the affordable housing committee that reviews and approves housing development projects for government funding. Since 1990, he has served as the Senior Pastor of the First Baptist Church of Lincoln Gardens in Somerset, New Jersey, where he currently leads a congregation of 7, 000 members. Since January 2015, he has served as a director on the board of directors, or the Ocwen board, of Ocwen Financial Corporation, a publicly traded financial services holding company, and serves as a member of the audit committee of the Ocwen board. From 2004 to 2005, he served as the first chair of the U.S. Election Assistance Commission, appointed by former President George W. Bush and confirmed by the U.S. Senate. From 1999 to 2002, Dr. Soaries served as Secretary of State of New Jersey. In this capacity, he served for three years on the Governors Urban Coordinating Council that guided state policy on real estate development, most of which was apartment real estate development. Dr. Soaries was a professor at the Drew University Theological School in Madison, New Jersey from 1997 to 1999, Kean University in Union, New Jersey from 1993 to 1994 and Princeton Theological Seminary in Princeton, New Jersey from 1992 to 1993 and an assistant professor at Mercer County Community College in Trenton, New Jersey from 1989 to 1991. He has led the development, ownership, conversion and management of several apartment projects as a community development executive since 2011.
Age | 68 |
Tenure | 14 years |
Address | 1835 Market Street, Philadelphia, PA, United States, 19103-2935 |
Phone | 267 270 4800 |
Web | https://www.irtliving.com |
DeForest Soaries Latest Insider Activity
Tracking and analyzing the buying and selling activities of DeForest Soaries against Independence Realty stock is an integral part of due diligence when investing in Independence Realty. DeForest Soaries insider activity provides valuable insight into whether Independence Realty is net buyers or sellers over its current business cycle. Note, Independence Realty insiders must abide by specific rules, including filing SEC forms every time they buy or sell Independence Realty'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
DeForest Soaries over three months ago Acquisition by DeForest Soaries of 5616 shares of Independence Realty subject to Rule 16b-3 | ||
DeForest Soaries over a year ago Small acquisition by DeForest Soaries of tradable shares of Independence Realty subject to Section 16 | ||
DeForest Soaries over a year ago Acquisition by DeForest Soaries of 5510 shares of Independence Realty subject to Rule 16b-3 |
Independence Realty Management Efficiency
The company has Return on Asset of 0.0128 % which means that on every $100 spent on assets, it made $0.0128 of profit. This is way below average. Independence Realty's management efficiency ratios could be used to measure how well Independence Realty manages its routine affairs as well as how well it operates its assets and liabilities. Return On Equity is likely to gain to 0.01 in 2025, whereas Return On Tangible Assets are likely to drop 0.01 in 2025. At this time, Independence Realty's Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 6.4 B in 2025, whereas Non Current Liabilities Total is likely to drop slightly above 1 B in 2025.Similar Executives
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Management Performance
Return On Equity | -1.0E-4 | ||||
Return On Asset | 0.0128 |
Independence Realty Trust Leadership Team
Elected by the shareholders, the Independence Realty's board of directors comprises two types of representatives: Independence Realty inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Independence. The board's role is to monitor Independence Realty's management team and ensure that shareholders' interests are well served. Independence Realty's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Independence Realty's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mack Pridgen, Independent Director | ||
Melinda McClure, Lead Independent Director | ||
Ted McHugh, Investor Smithfield | ||
Jason Lynch, Senior Dispositions | ||
William Dunkelberg, Independent Director | ||
Pete Rushing, Senior Marketing | ||
Josh Kulick, Executive Innovation | ||
Mike Kernan, Executive Redevelopment | ||
Ella Neyland, Chief Operating Officer, Director | ||
Jessica Norman, Chief Legal Officer, Secretary | ||
Michele Weisbaum, General Secretary | ||
James Sebra, CFO, Principal Accounting Officer and Treasurer | ||
Alex Jorgensen, Investor Officer | ||
Stephen Bowie, Independent Director | ||
DeForest Soaries, Independent Director | ||
Janice Richards, Executive Operations | ||
Farrell Ender, President | ||
Ana Rio, Director | ||
Lisa Washington, Independent Director | ||
Jason CPA, Chief Controller | ||
Ned Brines, Independent Director | ||
James CPA, CFO President | ||
Gregory Marks, Senior Development | ||
Mike Daley, Executive People | ||
Thomas Purcell, Independent Director | ||
Scott Schaeffer, Chairman of the Board, Chief Executive Officer | ||
Richard Gebert, Independent Director | ||
Jason Delozier, Chief Accounting Officer, Controller |
Independence Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Independence Realty a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Return On Equity | -1.0E-4 | ||||
Return On Asset | 0.0128 | ||||
Profit Margin | (0.0003) % | ||||
Operating Margin | 0.20 % | ||||
Current Valuation | 7.15 B | ||||
Shares Outstanding | 225.1 M | ||||
Shares Owned By Insiders | 0.73 % | ||||
Shares Owned By Institutions | 96.78 % | ||||
Number Of Shares Shorted | 23.73 M | ||||
Price To Earning | 103.51 X |
Thematic Opportunities
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Additional Tools for Independence Stock Analysis
When running Independence Realty's price analysis, check to measure Independence Realty's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Independence Realty is operating at the current time. Most of Independence Realty's value examination focuses on studying past and present price action to predict the probability of Independence Realty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Independence Realty's price. Additionally, you may evaluate how the addition of Independence Realty to your portfolios can decrease your overall portfolio volatility.