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Iron Mountain (IRM) Stock Price, News & Analysis

Iron Mountain logo
$102.49 +0.19 (+0.19%)
As of 03:58 PM Eastern

About Iron Mountain Stock (NYSE:IRM)

Key Stats

Today's Range
$100.68
$102.65
50-Day Range
$83.04
$105.32
52-Week Range
$72.33
$130.24
Volume
2.24 million shs
Average Volume
1.79 million shs
Market Capitalization
$30.24 billion
P/E Ratio
249.98
Dividend Yield
3.06%
Price Target
$121.71
Consensus Rating
Buy

Company Overview

Iron Mountain Incorporated (NYSE:IRM) is a global leader in information management and data protection, offering a comprehensive suite of storage, digital, and secure destruction services. The company’s core business encompasses physical records storage, digital content solutions, secure shredding and destruction, and data center colocation, enabling organizations to manage the full lifecycle of their information assets. Iron Mountain’s integrated platform helps clients across industries—including financial services, healthcare, legal, and government—maintain compliance, mitigate risk, and optimize the value of their data, whether in paper, tape, or electronic form.

In addition to its traditional records management services, Iron Mountain has significantly expanded its digital offerings to address growing demand for cloud migration and secure digital archiving. Its portfolio includes advanced imaging and digitization, information governance consulting, and proprietary software tools for data retrieval and analytics. The company’s robust infrastructure supports seamless integration with leading cloud providers, helping enterprises transition to hybrid and multi-cloud environments with minimal disruption to business operations.

Founded in 1951 in Boston, Massachusetts, Iron Mountain began as a modest records storage operation and has since grown into an international enterprise serving customers in more than 50 countries. The company’s evolution has been marked by strategic acquisitions and investments in technology, including the development of highly secure underground storage facilities and resilient data centers. This global footprint allows Iron Mountain to provide tailored solutions that address local regulatory requirements and security standards while leveraging economies of scale.

Under the leadership of President and Chief Executive Officer William L. Meaney, Iron Mountain continues to broaden its offerings by exploring innovations in data security, sustainability, and digital transformation. The company’s management team focuses on operational excellence and customer-centric service delivery, reinforcing Iron Mountain’s reputation for reliability and trustworthiness. Looking ahead, Iron Mountain aims to capitalize on emerging trends in data privacy, cloud adoption, and the growing importance of information governance in the digital age.

AI Generated. May Contain Errors.

Iron Mountain Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
80th Percentile Overall Score

IRM MarketRank™: 

Iron Mountain scored higher than 80% of companies evaluated by MarketBeat, and ranked 59th out of 312 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Iron Mountain has received a consensus rating of Buy. The company's average rating score is 3.13, and is based on 7 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Iron Mountain has only been the subject of 2 research reports in the past 90 days.

  • Read more about Iron Mountain's stock forecast and price target.
  • Earnings Growth

    Earnings for Iron Mountain are expected to grow by 10.79% in the coming year, from $4.54 to $5.03 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Iron Mountain is 249.98, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 24.88.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Iron Mountain is 249.98, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 28.08.

  • Read more about Iron Mountain's valuation and earnings.
  • Percentage of Shares Shorted

    3.62% of the float of Iron Mountain has been sold short.
  • Short Interest Ratio / Days to Cover

    Iron Mountain has a short interest ratio ("days to cover") of 6.3.
  • Change versus previous month

    Short interest in Iron Mountain has recently increased by 10.68%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Iron Mountain pays a meaningful dividend of 3.07%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Iron Mountain has only been increasing its dividend for 3 years.

  • Dividend Coverage

    The dividend payout ratio of Iron Mountain is 765.85%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on earnings estimates, Iron Mountain will have a dividend payout ratio of 62.43% next year. This indicates that Iron Mountain will be able to sustain or increase its dividend.

  • Read more about Iron Mountain's dividend.
  • Percentage of Shares Shorted

    3.62% of the float of Iron Mountain has been sold short.
  • Short Interest Ratio / Days to Cover

    Iron Mountain has a short interest ratio ("days to cover") of 6.3.
  • Change versus previous month

    Short interest in Iron Mountain has recently increased by 10.68%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Iron Mountain has a news sentiment score of 0.95. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Business Services companies.
  • News Coverage This Week

    MarketBeat has tracked 36 news articles for Iron Mountain this week, compared to 17 articles on an average week.
  • Search Interest

    Only 9 people have searched for IRM on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • MarketBeat Follows

    Only 7 people have added Iron Mountain to their MarketBeat watchlist in the last 30 days. This is a decrease of -42% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Iron Mountain insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $20,319,408.00 in company stock.

  • Percentage Held by Insiders

    Only 1.90% of the stock of Iron Mountain is held by insiders.

  • Percentage Held by Institutions

    80.13% of the stock of Iron Mountain is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Iron Mountain's insider trading history.
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IRM Stock News Headlines

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IRM Stock Analysis - Frequently Asked Questions

Iron Mountain's stock was trading at $105.11 at the beginning of the year. Since then, IRM shares have decreased by 2.5% and is now trading at $102.49.
View the best growth stocks for 2025 here
.

Iron Mountain Incorporated (NYSE:IRM) issued its quarterly earnings data on Thursday, May, 1st. The financial services provider reported $1.17 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.16 by $0.01. The company's revenue for the quarter was up 7.9% on a year-over-year basis.
Read the conference call transcript
.

Iron Mountain subsidiaries include these companies: NxtGen Data Center & Cloud Services, EvoSwitch, IO.com, Bonded Services Group, Fortrust, EAC Invest, Fairfield Fine Art, and others.

Shares of IRM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Iron Mountain investors own include Humana (HUM), American Water Works (AWK), Verizon Communications (VZ), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR) and TotalEnergies (TTE).

Company Calendar

Record date for 4/4 Dividend
3/17/2025
Ex-Dividend for 4/4 Dividend
3/17/2025
Dividend Payable
4/04/2025
Last Earnings
5/01/2025
Record date for 7/3 Dividend
6/16/2025
Ex-Dividend for 7/3 Dividend
6/16/2025
Today
6/30/2025
Dividend Payable
7/03/2025
Next Earnings (Estimated)
7/30/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
BUSINESS INFO SVC
Sub-Industry
Diversified Support Services
Current Symbol
NYSE:IRM
Employees
26,000
Year Founded
1951

Price Target and Rating

Average Stock Price Target
$121.71
High Stock Price Target
$140.00
Low Stock Price Target
$95.00
Potential Upside/Downside
+18.8%
Consensus Rating
Buy
Rating Score (0-4)
3.13
Research Coverage
8 Analysts

Profitability

Trailing P/E Ratio
249.98
Forward P/E Ratio
22.57
P/E Growth
N/A
Net Income
$180.16 million
Pretax Margin
2.90%

Debt

Sales & Book Value

Annual Sales
$6.15 billion
Cash Flow
$4.95 per share
Price / Cash Flow
20.70
Book Value
($1.04) per share
Price / Book
-98.55

Miscellaneous

Free Float
289,438,000
Market Cap
$30.24 billion
Optionable
Optionable
Beta
1.09

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This page (NYSE:IRM) was last updated on 6/30/2025 by MarketBeat.com Staff
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