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Iridium Communications (IRDM) Stock Price, News & Analysis

Iridium Communications logo
$24.18 -0.28 (-1.14%)
Closing price 08/1/2025 04:00 PM Eastern
Extended Trading
$24.47 +0.29 (+1.20%)
As of 08/1/2025 07:57 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Iridium Communications Stock (NASDAQ:IRDM)

Key Stats

Today's Range
$23.85
$24.62
50-Day Range
$24.18
$32.43
52-Week Range
$19.91
$35.85
Volume
1.58 million shs
Average Volume
1.98 million shs
Market Capitalization
$2.57 billion
P/E Ratio
24.42
Dividend Yield
2.32%
Price Target
$34.33
Consensus Rating
Buy

Company Overview

Iridium Communications Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
98th Percentile Overall Score

IRDM MarketRank™: 

Iridium Communications scored higher than 98% of companies evaluated by MarketBeat, and ranked 18th out of 659 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Iridium Communications has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Iridium Communications has only been the subject of 4 research reports in the past 90 days.

  • Read more about Iridium Communications' stock forecast and price target.
  • Earnings Growth

    Earnings for Iridium Communications are expected to grow by 39.33% in the coming year, from $0.89 to $1.24 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Iridium Communications is 24.42, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 28.09.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Iridium Communications is 24.42, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 48.10.

  • Price to Earnings Growth Ratio

    Iridium Communications has a PEG Ratio of 0.90. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    Iridium Communications has a P/B Ratio of 5.42. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Iridium Communications' valuation and earnings.
  • Percentage of Shares Shorted

    8.00% of the float of Iridium Communications has been sold short.
  • Short Interest Ratio / Days to Cover

    Iridium Communications has a short interest ratio ("days to cover") of 5.1.
  • Change versus previous month

    Short interest in Iridium Communications has recently decreased by 1.18%, indicating that investor sentiment is improving.
  • Dividend Yield

    Iridium Communications pays a meaningful dividend of 2.29%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Iridium Communications has only been increasing its dividend for 1 years.

  • Dividend Coverage

    The dividend payout ratio of Iridium Communications is 56.57%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Iridium Communications will have a dividend payout ratio of 45.16% next year. This indicates that Iridium Communications will be able to sustain or increase its dividend.

  • Read more about Iridium Communications' dividend.
  • Percentage of Shares Shorted

    8.00% of the float of Iridium Communications has been sold short.
  • Short Interest Ratio / Days to Cover

    Iridium Communications has a short interest ratio ("days to cover") of 5.1.
  • Change versus previous month

    Short interest in Iridium Communications has recently decreased by 1.18%, indicating that investor sentiment is improving.
  • News Sentiment

    Iridium Communications has a news sentiment score of 0.22. 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 is a lower news sentiment than the 0.68 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 25 news articles for Iridium Communications this week, compared to 8 articles on an average week.
  • Search Interest

    25 people have searched for IRDM on MarketBeat in the last 30 days. This is an increase of 525% compared to the previous 30 days.
  • MarketBeat Follows

    8 people have added Iridium Communications to their MarketBeat watchlist in the last 30 days. This is an increase of 14% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Iridium Communications insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 2.40% of the stock of Iridium Communications is held by insiders.

  • Percentage Held by Institutions

    84.36% of the stock of Iridium Communications is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Iridium Communications' insider trading history.
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IRDM Stock News Headlines

What is BWS Financial's Forecast for IRDM FY2025 Earnings?
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See More Headlines

IRDM Stock Analysis - Frequently Asked Questions

Iridium Communications' stock was trading at $29.02 at the beginning of 2025. Since then, IRDM stock has decreased by 16.7% and is now trading at $24.18.

Iridium Communications Inc (NASDAQ:IRDM) issued its quarterly earnings data on Thursday, July, 24th. The technology company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.23 by $0.03. The business's revenue for the quarter was up 7.9% on a year-over-year basis.
Read the conference call transcript
.

Iridium Communications' Board of Directors approved a stock buyback plan on Thursday, September 19th 2024, which authorizes the company to repurchase $500,000,000 in outstanding shares, according to EventVestor. This means that the company could reacquire up to 14.2% of its stock through open market purchases. Stock buyback plans are often an indication that the company's board of directors believes its shares are undervalued.

Iridium Communications subsidiaries include Iridium Holdings LLC, Iridium Blocker-B Inc., Iridium Carrier Holdings LLC, Iridium Carrier Services LLC, Iridium Chile SpA, Iridium Constellation LLC, Iridium Government Services LLC, and others.

Top institutional shareholders of Iridium Communications include ARK Investment Management LLC (5.03%), Sumitomo Mitsui Trust Group Inc. (4.07%), Synergy Asset Management LLC (0.61%) and Nordea Investment Management AB (0.29%). Insiders that own company stock include Matthew J Desch, Robert H Niehaus, Thomas Fitzpatrick, Thomas C Canfield, Parker William Rush, Suzanne E Mcbride, Scott Scheimreif, A B Krongard, Bryan J Hartin, Barry West, Kathleen A Morgan, Timothy James Last and Timothy Kapalka.
View institutional ownership trends
.

Shares of IRDM 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 Iridium Communications investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AU Optronics (AUOTY).

Company Calendar

Record date for 6/30 Dividend
6/13/2025
Ex-Dividend for 6/30 Dividend
6/13/2025
Dividend Payable
6/30/2025
Last Earnings
7/24/2025
Today
8/01/2025
Next Earnings (Estimated)
10/16/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Satellite Communication
Sub-Industry
Alternative Carriers
Current Symbol
NASDAQ:IRDM
CIK
1418819
Employees
660
Year Founded
2000

Price Target and Rating

High Price Target
$40.00
Low Price Target
$25.00
Potential Upside/Downside
+42.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
7 Analysts

Profitability

EPS (Trailing Twelve Months)
$0.99
Trailing P/E Ratio
24.42
Forward P/E Ratio
27.17
P/E Growth
0.9
Net Income
$112.78 million
Net Margins
13.20%
Pretax Margin
14.57%
Return on Equity
20.28%
Return on Assets
4.27%

Debt

Debt-to-Equity Ratio
3.82
Current Ratio
2.51
Quick Ratio
1.75

Sales & Book Value

Annual Sales
$830.68 million
Price / Sales
3.09
Cash Flow
$2.76 per share
Price / Cash Flow
8.75
Book Value
$4.46 per share
Price / Book
5.42

Miscellaneous

Outstanding Shares
106,110,000
Free Float
103,567,000
Market Cap
$2.57 billion
Optionable
Optionable
Beta
0.76

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This page (NASDAQ:IRDM) was last updated on 8/2/2025 by MarketBeat.com Staff
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