Iron Mountain (IRM) Expected to Release Quarterly Earnings on Thursday

Iron Mountain (NYSE:IRM - Get Free Report) is projected to release its Q3 2026 results before the market opens on Thursday, November 5th. Analysts expect the company to post earnings of $0.6120 per share and revenue of $1.99 billion for the quarter. Iron Mountain has set its Q3 2026 guidance at 1.470-1.470 EPS and its FY 2026 guidance at 5.870-5.930 EPS. Individuals can check the company's upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, November 5, 2026 at 8:30 AM ET.

Iron Mountain (NYSE:IRM - Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The financial services provider reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.06. The firm had revenue of $2.03 billion for the quarter, compared to analyst estimates of $1.97 billion. Iron Mountain had a net margin of 5.54% and a negative return on equity of 85.44%. The business's quarterly revenue was up 18.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.24 earnings per share. On average, analysts expect Iron Mountain to post $5.42 EPS for the current fiscal year and $6.01 EPS for the next fiscal year.

Iron Mountain Price Performance

IRM stock opened at $115.65 on Thursday. The company's 50-day moving average is $114.87 and its 200-day moving average is $114.61. The stock has a market capitalization of $34.43 billion, a PE ratio of 82.61 and a beta of 1.17. Iron Mountain has a 1 year low of $77.77 and a 1 year high of $134.68.

Iron Mountain Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, October 2nd. Investors of record on Tuesday, September 15th were paid a dividend of $0.8640 per share. This represents a $3.46 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend was Tuesday, September 15th. Iron Mountain's dividend payout ratio is 247.14%.

Insider Buying and Selling

In related news, EVP Greg W. Mcintosh sold 5,000 shares of the firm's stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $110.72, for a total transaction of $553,600.00. Following the transaction, the executive vice president directly owned 70,634 shares of the company's stock, valued at $7,820,596.48. This trade represents a 6.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark Kidd sold 6,000 shares of Iron Mountain stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $115.60, for a total value of $693,600.00. Following the sale, the executive vice president owned 95,507 shares in the company, valued at $11,040,609.20. This trade represents a 5.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 137,422 shares of company stock worth $15,881,099. 1.70% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on IRM. Jefferies Financial Group cut their price target on Iron Mountain from $147.00 to $135.00 and set a "buy" rating on the stock in a report on Monday, October 12th. The Goldman Sachs Group boosted their price objective on Iron Mountain from $153.00 to $155.00 and gave the company a "buy" rating in a report on Tuesday, October 6th. Wall Street Zen downgraded Iron Mountain from a "buy" rating to a "hold" rating in a report on Saturday, July 25th. BNP Paribas Exane upped their target price on Iron Mountain from $138.00 to $145.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 5th. Finally, Wells Fargo & Company increased their target price on Iron Mountain from $135.00 to $140.00 and gave the stock an "overweight" rating in a report on Thursday, August 6th. Eight analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $143.89.

About Iron Mountain

Iron Mountain Incorporated NYSE: IRM is a global information management and storage company that helps organizations protect, manage and optimize their physical and digital assets. Founded in 1951, the company began as a records storage provider and has expanded into a broader information lifecycle management business.

Its services include records storage and retrieval, information governance, secure shredding and destruction, document scanning, digital transformation, backup and recovery, and data center services.

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