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NASDAQ:IRDM

Iridium Communications (IRDM) Stock Price, News & Analysis

Iridium Communications logo
$31.76 +0.24 (+0.76%)
Closing price 07/3/2025 03:57 PM Eastern
Extended Trading
$31.76 0.00 (0.00%)
As of 07/3/2025 04:53 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
$31.30
$32.03
50-Day Range
$23.16
$31.76
52-Week Range
$19.91
$35.85
Volume
870,458 shs
Average Volume
1.17 million shs
Market Capitalization
$3.44 billion
P/E Ratio
29.96
Dividend Yield
1.76%
Price Target
$34.25
Consensus Rating
Moderate Buy

Company Overview

Iridium Communications Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
74th Percentile Overall Score

IRDM MarketRank™: 

Iridium Communications scored higher than 74% of companies evaluated by MarketBeat, and ranked 532nd out of 1,998 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 Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Iridium Communications has only been the subject of 3 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 29.96, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 25.63.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Iridium Communications is 29.96, 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 36.94.

  • Price to Earnings Growth Ratio

    Iridium Communications has a PEG Ratio of 1.07. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Iridium Communications has a P/B Ratio of 6.26. 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

    12.43% 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 9.1.
  • Change versus previous month

    Short interest in Iridium Communications has recently increased by 54.28%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Iridium Communications pays a meaningful dividend of 1.78%, 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 52.83%. 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

    12.43% 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 9.1.
  • Change versus previous month

    Short interest in Iridium Communications has recently increased by 54.28%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Iridium Communications 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 0.61 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 6 news articles for Iridium Communications this week, compared to 8 articles on an average week.
  • Search Interest

    Only 5 people have searched for IRDM on MarketBeat in the last 30 days. This is a decrease of 0% 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 167% 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

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IRDM Iridium Communications Inc. - Seeking Alpha
See More Headlines

IRDM Stock Analysis - Frequently Asked Questions

Iridium Communications' stock was trading at $29.02 on January 1st, 2025. Since then, IRDM stock has increased by 9.4% and is now trading at $31.76.

Iridium Communications Inc (NASDAQ:IRDM) posted its earnings results on Tuesday, April, 22nd. The technology company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.05. The technology company had revenue of $214.88 million for the quarter, compared to the consensus estimate of $211.78 million. Iridium Communications had a net margin of 14.68% and a trailing twelve-month return on equity of 19.41%.
Read the conference call transcript
.

Iridium Communications' board approved a stock repurchase program on Thursday, September 19th 2024, which authorizes the company to buy back $500,000,000 in shares, according to EventVestor. This means that the company could purchase up to 14.2% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's board believes its shares are undervalued.

Iridium Communications subsidiaries include these companies: 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 Cullen Investment Group LTD. (0.03%). 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

Last Earnings
4/22/2025
Record date for 6/30 Dividend
6/13/2025
Ex-Dividend for 6/30 Dividend
6/13/2025
Dividend Payable
6/30/2025
Today
7/04/2025
Next Earnings (Estimated)
7/22/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$34.25
High Stock Price Target
$40.00
Low Stock Price Target
$25.00
Potential Upside/Downside
+7.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Trailing P/E Ratio
29.96
Forward P/E Ratio
35.69
P/E Growth
1.07
Net Income
$112.78 million
Pretax Margin
13.96%

Debt

Sales & Book Value

Annual Sales
$830.68 million
Cash Flow
$2.82 per share
Price / Cash Flow
11.27
Book Value
$5.07 per share
Price / Book
6.26

Miscellaneous

Free Float
105,564,000
Market Cap
$3.44 billion
Optionable
Optionable
Beta
0.79

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This page (NASDAQ:IRDM) was last updated on 7/4/2025 by MarketBeat.com Staff
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