NYSE:IRM Iron Mountain (IRM) Stock Price, News & Analysis $116.45 +0.53 (+0.46%) (As of 09/18/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About Iron Mountain Stock (NYSE:IRM) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Key Stats Today's Range$115.38▼$118.1750-Day Range$94.52▼$118.1952-Week Range$56.51▼$118.46Volume1.28 million shsAverage Volume1.63 million shsMarket Capitalization$34.14 billionP/E Ratio176.44Dividend Yield2.46%Price Target$99.83Consensus RatingModerate Buy Company OverviewIron Mountain Incorporated (NYSE: IRM) is a global leader in information management services. Founded in 1951 and trusted by more than 240,000 customers worldwide, Iron Mountain serves to protect and elevate the power of our customers' work. Through a range of offerings including digital transformation, data centers, secure records storage, information management, asset lifecycle management, secure destruction and art storage and logistics, Iron Mountain helps businesses bring light to their dark data, enabling customers to unlock value and intelligence from their stored digital and physical assets at speed and with security, while helping them meet their environmental goals.Read More… Massive shakeup in defense contracting (Ad)There is a little-known energy technology stock that has made an incredible breakthrough… Which could become crucial to the operations of the US Military. And right now there are plans for this stock to undertake a major test project at a US Air Force based in Alaska. Now, this incredible breakthrough is still in its earliest stages… Which means you still have a chance to get in while its trading for under $10.You need to check out the full story right here. Iron Mountain Stock Analysis - MarketRank™See Top Rated MarketRank™ StocksOverall MarketRank™: 82nd PercentileIron Mountain scored higher than 82% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion1.3 / 5Analyst RatingModerate Buy Consensus RatingIron Mountain has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 5 buy ratings, no hold ratings, and 1 sell rating.Amount of Analyst CoverageIron Mountain has only been the subject of 4 research reports in the past 90 days.Read more about Iron Mountain's stock forecast and price target. Earnings and Valuation1.9 / 5Proj. Earnings Growth8.63% Earnings GrowthEarnings for Iron Mountain are expected to grow by 8.63% in the coming year, from $4.17 to $4.53 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Iron Mountain is 176.44, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 135.39.Price to Earnings Ratio vs. SectorThe P/E ratio of Iron Mountain is 176.44, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 232.71.Price to Earnings Growth RatioIron Mountain has a PEG Ratio of 6.85. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioIron Mountain has a P/B Ratio of 159.52. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Iron Mountain's valuation and earnings. Short Interest4.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted3.38% of the outstanding shares of Iron Mountain have been sold short.Short Interest Ratio / Days to CoverIron Mountain has a short interest ratio ("days to cover") of 4.9.Change versus previous monthShort interest in Iron Mountain has recently decreased by 13.66%, indicating that investor sentiment is improving significantly. Dividend1.7 / 5Dividend StrengthWeak Dividend YieldIron Mountain pays a meaningful dividend of 2.28%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthIron Mountain does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Iron Mountain is 433.33%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Iron Mountain will have a dividend payout ratio of 63.13% next year. This indicates that Iron Mountain will be able to sustain or increase its dividend.Read more about Iron Mountain's dividend. Sustainability and ESG3.2 / 5Environmental Score-0.70 Percentage of Shares Shorted3.38% of the outstanding shares of Iron Mountain have been sold short.Short Interest Ratio / Days to CoverIron Mountain has a short interest ratio ("days to cover") of 4.9.Change versus previous monthShort interest in Iron Mountain has recently decreased by 13.66%, indicating that investor sentiment is improving significantly. News and Social Media2.7 / 5News Sentiment0.89 News SentimentIron Mountain has a news sentiment score of 0.89. 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 higher news sentiment than the 0.51 average news sentiment score of Real Estate companies.News Coverage This WeekMarketBeat has tracked 17 news articles for Iron Mountain this week, compared to 9 articles on an average week.Search InterestOnly 21 people have searched for IRM on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.MarketBeat FollowsOnly 12 people have added Iron Mountain to their MarketBeat watchlist in the last 30 days. This is a decrease of -52% compared to the previous 30 days. Company Ownership2.5 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn 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 $7,014,232.00 in company stock.Percentage Held by InsidersOnly 2.10% of the stock of Iron Mountain is held by insiders.Percentage Held by Institutions80.13% 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. IRM Stock News HeadlinesIron Mountain Incorporated (NYSE:IRM) COO Sells $110,000.00 in StockAugust 22, 2024 | insidertrades.comIron Mountain Incorporated (NYSE:IRM) Short Interest UpdateSeptember 18 at 7:05 PM | americanbankingnews.comChina Stockpiling Gold “Like No Tomorrow”For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a population of over 1.4 BILLION is “buying gold like there’s no tomorrow,” according to The New York Times. China, a rising global economic threat, aims to reduce its dependence on the US dollar… . September 18, 2024 | True Gold Republic (Ad)Iron Mountain Incorporated (NYSE:IRM) Director Wendy J. Murdock Sells 8,500 SharesSeptember 18 at 6:23 PM | americanbankingnews.comIron Mountain City Council supports lead water line identification planSeptember 17 at 6:14 AM | msn.comAnalysts Set Iron Mountain Incorporated (NYSE:IRM) Target Price at $99.83September 13, 2024 | americanbankingnews.comIron Mountain Incorporated (IRM): A Very Important AI Stock According to BlackRockSeptember 12, 2024 | msn.comIron Mountain stock is overvalued and overbought: buy or sell?September 12, 2024 | msn.comSee More Headlines IRM Stock Analysis - Frequently Asked Questions How have IRM shares performed this year? Iron Mountain's stock was trading at $69.98 at the beginning of the year. Since then, IRM stock has increased by 66.4% and is now trading at $116.45. View the best growth stocks for 2024 here. How were Iron Mountain's earnings last quarter? Iron Mountain Incorporated (NYSE:IRM) posted its quarterly earnings results on Thursday, August, 1st. The financial services provider reported $0.42 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.01 by $0.59. Iron Mountain's quarterly revenue was up 13.0% compared to the same quarter last year. Read the conference call transcript. Does Iron Mountain have any subsidiaries? 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. Who are Iron Mountain's major shareholders? Top institutional shareholders of Iron Mountain include Daiwa Securities Group Inc. (1.54%), Dimensional Fund Advisors LP (1.46%), Legal & General Group Plc (1.33%) and AGF Management Ltd. (0.77%). Insiders that own company stock include William L Meaney, Barry Hytinen, Deborah Marson, Mark Kidd, Walter C Rakowich, Robin Matlock, Greg W Mcintosh, Wendy J Murdock, Jennifer Allerton, John Tomovcsik, Edward Baker-Greene, Deirdre Evens and Daniel Borges. View institutional ownership trends. How do I buy shares of Iron Mountain? 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. Compare Top Brokerages Here. What other stocks do shareholders of Iron Mountain own? Based on aggregate information from My MarketBeat watchlists, some other companies that Iron Mountain investors own include Home Depot (HD), AT&T (T), StoneMor (STON), AbbVie (ABBV), Enterprise Products Partners (EPD), Kinder Morgan (KMI) and Verizon Communications (VZ). Company Calendar Ex-Dividend for 7/5 Dividend6/17/2024Dividend Payable7/05/2024Last Earnings8/01/2024Ex-Dividend for 10/3 Dividend9/16/2024Today9/18/2024Dividend Payable10/03/2024Next Earnings (Estimated)11/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorReal Estate Industry REIT - Specialty Sub-IndustryDiversified Support Services Current SymbolNYSE:IRM CUSIP46284610 CIK1020569 Webwww.ironmountain.com Phone(617) 535-4766Fax617-350-7881Employees27,000Year Founded1951Price Target and Rating Average Stock Price Target$99.83 High Stock Price Target$121.00 Low Stock Price Target$44.00 Potential Upside/Downside-14.3%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$0.66 Trailing P/E Ratio176.44 Forward P/E Ratio27.93 P/E Growth6.85Net Income$184.23 million Net Margins3.94% Pretax Margin4.83% Return on Equity595.44% Return on Assets3.06% Debt Debt-to-Equity Ratio674.63 Current Ratio0.79 Quick Ratio0.79 Sales & Book Value Annual Sales$5.82 billion Price / Sales5.87 Cash Flow$4.63 per share Price / Cash Flow25.17 Book Value$0.73 per share Price / Book159.52Miscellaneous Outstanding Shares293,133,000Free Float286,977,000Market Cap$34.14 billion OptionableOptionable Beta1.00 Social Links Should I Buy Iron Mountain Stock? IRM Pros and Cons Explained These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, September 3, 2024. Please send any questions or comments about these Iron Mountain pros and cons to contact@marketbeat.com. Iron Mountain Bull Case Here are some ways that investors could benefit from investing in Iron Mountain Incorporated: Iron Mountain has a strong track record of increasing dividends, with a recent quarterly dividend increase from $0.65 to $0.715 per share, indicating a commitment to rewarding shareholders. Analysts have set new price targets for Iron Mountain, with an average target price of $99.83, suggesting potential for stock price appreciation. Institutional investors and hedge funds own a significant portion (80.13%) of Iron Mountain's stock, indicating confidence in the company's performance and future prospects. Iron Mountain's revenue has been growing, with a 13.0% increase compared to the same quarter last year, demonstrating positive financial performance. Insiders have been actively buying and selling Iron Mountain stock, with recent transactions indicating both confidence in the company's future and profit-taking opportunities. Iron Mountain Bear Case Investors should be bearish about investing in Iron Mountain Incorporated for these reasons: Iron Mountain's dividend payout ratio (DPR) is high at 433.33%, which may raise concerns about the sustainability of dividend payments in the long term. This page (NYSE:IRM) was last updated on 9/18/2024 by MarketBeat.com Staff From Our PartnersChina Stockpiling Gold “Like No Tomorrow”For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a populat...True Gold Republic | SponsoredThis diversified cannabis pioneer could make huge moves soonThe cannabis industry seems deeply saturated, so how do you know where to best invest your money? Let’s start ...Greenlane | SponsoredTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | SponsoredUnlock the Secret to Easy Wins with Iron CondorsDiscover the power of Iron Condor trades – a low-risk, high-reward strategy that allows you to profit consiste...Netpicks | SponsoredSell NVDA Now?Guess who's selling NVDA next The most successful hedge fund in history quietly sold 500,000 shares. Here's...Chaikin Analytics | SponsoredMusk’s new company could top a trillion?The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix… Just...Paradigm Press | SponsoredThe #1 Crypto for AIWe’ve issued an urgent landmark trade alert for a new crypto wonder. So, I decided to give you this heads-u...Weiss Ratings | Sponsored625,000% GainThe recent crypto correction has shaken many investors, causing panic and uncertainty. But while others are fr...Crypto Swap Profits | Sponsored Adding Choose a watchlist: Watchlist My Default Watchlist Adding Iron Mountain Incorporated You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Please log in to your account or sign up in order to add this asset to your watchlist. Share Iron Mountain With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
