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NYSE:IRM

Iron Mountain (IRM) Stock Price, News & Analysis

$126.26
+0.72 (+0.57%)
(As of 04:02 PM ET)

About Iron Mountain Stock (NYSE:IRM)

Key Stats

Today's Range
$125.14
$127.05
50-Day Range
$108.30
$125.74
52-Week Range
$57.36
$127.05
Volume
631,536 shs
Average Volume
1.59 million shs
Market Capitalization
$37.01 billion
P/E Ratio
161.87
Dividend Yield
2.27%
Price Target
$115.50
Consensus Rating
Moderate Buy

Company Overview

Iron 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.

Iron Mountain Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
88th Percentile Overall Score

IRM MarketRank™: 

Iron Mountain scored higher than 88% of companies evaluated by MarketBeat, and ranked 157th out of 899 stocks in the finance 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 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 Coverage

    Iron Mountain has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

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

    Earnings for Iron Mountain are expected to grow by 8.87% in the coming year, from $4.17 to $4.54 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Iron Mountain is 162.19, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 133.98.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Iron Mountain is 162.19, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 51.03.

  • Price to Earnings Growth Ratio

    Iron Mountain has a PEG Ratio of 7.22. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Iron Mountain has a P/B Ratio of 173.30. 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.
  • Percentage of Shares Shorted

    3.40% of the outstanding shares of Iron Mountain have been sold short.
  • Short Interest Ratio / Days to Cover

    Iron Mountain has a short interest ratio ("days to cover") of 5.9.
  • Change versus previous month

    Short interest in Iron Mountain has recently decreased by 12.24%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Iron Mountain pays a meaningful dividend of 2.30%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Iron Mountain does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Iron Mountain is 433.33%. 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 63.00% 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

    3.40% of the outstanding shares of Iron Mountain have been sold short.
  • Short Interest Ratio / Days to Cover

    Iron Mountain has a short interest ratio ("days to cover") of 5.9.
  • Change versus previous month

    Short interest in Iron Mountain has recently decreased by 12.24%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Iron Mountain has a news sentiment score of 0.91. 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 0.53 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 17 news articles for Iron Mountain this week, compared to 9 articles on an average week.
  • Search Interest

    Only 19 people have searched for IRM on MarketBeat in the last 30 days. This is a decrease of -14% compared to the previous 30 days.
  • MarketBeat Follows

    25 people have added Iron Mountain to their MarketBeat watchlist in the last 30 days. This is an increase of 257% 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 $3,511,504.00 in company stock.

  • Percentage Held by Insiders

    Only 2.10% 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.

IRM Stock News Headlines

RBC Capital Sticks to Their Buy Rating for Iron Mountain (IRM)
$5k to $1.3m in just 3 trades
It doesn’t happen often, but occasionally, something completely unique comes across my radar. In this case, I’m talking about legal “Insider Trading”. Traders who have consistently signaled 453% … 610% .. and even 1036%... gains. And until now they have been doing it completely under the radar. In an upcoming interview I am revealing the strategy behind this gold-mine and how you can piggy back their every trade.
FY2025 EPS Estimate for Iron Mountain Increased by Analyst
See More Headlines

IRM Stock Analysis - Frequently Asked Questions

Iron Mountain's stock was trading at $69.98 at the beginning of 2024. Since then, IRM stock has increased by 80.8% and is now trading at $126.51.
View the best growth stocks for 2024 here
.

Iron Mountain Incorporated (NYSE:IRM) issued its 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 revenue was up 13.0% compared to the same quarter last year.
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 more.

Top institutional investors of Iron Mountain include DekaBank Deutsche Girozentrale (0.38%), Border to Coast Pensions Partnership Ltd (0.16%), International Assets Investment Management LLC (0.15%) and Raymond James & Associates (0.12%). 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
.

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.

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

Last Earnings
8/01/2024
Ex-Dividend for 10/3 Dividend
9/16/2024
Dividend Payable
10/03/2024
Today
10/24/2024
Next Earnings (Confirmed)
11/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Diversified Support Services
CUSIP
46284610
Employees
27,000
Year Founded
1951

Price Target and Rating

Average Stock Price Target
$115.50
High Stock Price Target
$140.00
Low Stock Price Target
$44.00
Potential Upside/Downside
-8.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$184.23 million
Pretax Margin
4.83%

Debt

Sales & Book Value

Annual Sales
$5.82 billion
Cash Flow
$4.76 per share
Book Value
$0.73 per share

Miscellaneous

Free Float
287,176,000
Market Cap
$36.98 billion
Optionable
Optionable
Beta
1.00

Social Links


This page (NYSE:IRM) was last updated on 10/24/2024 by MarketBeat.com Staff
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