Iridium Communications Company Profile (NASDAQ:IRDM)

About Iridium Communications

Iridium Communications logoIridium Communications Inc. is a satellite communications company that offers mobile voice and data communications services. The Company utilizes mesh architecture to route traffic across its satellite constellation using radio frequency crosslinks between satellites. Its lines of business include land mobile, machine to machine, maritime, aviation and government. Its commercial services include postpaid mobile voice and data satellite communications services; prepaid mobile voice satellite communications services; broadband data services; machine-to-machine services; Iridium push-to-talk service, and other services. It provides services to businesses, the United States and foreign governments, non-governmental organizations and consumers. The Company sells its products and services to customers through a wholesale distribution network of approximately 75 service providers, approximately 200 value-added resellers and over 45 value-added manufacturers.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Diversified Communication Services
  • Sub-Industry: Alternative Carriers
  • Exchange: NASDAQ
  • Symbol: IRDM
  • CUSIP: 46269C10
Key Metrics:
  • Previous Close: $8.53
  • 50 Day Moving Average: $7.88
  • 200 Day Moving Average: $8.31
  • 52-Week Range: $6.14 - $9.37
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 8.98
  • P/E Growth: 0.94
  • Market Cap: $815.70M
  • Outstanding Shares: 95,627,000
  • Beta: 1.43
  • Net Margins: 3.64%
  • Return on Equity: 8.08%
  • Return on Assets: 3.19%
  • Current Ratio: 6.27%
  • Quick Ratio: 6.01%
Additional Links:
Companies Related to Iridium Communications:

Analyst Ratings

Consensus Ratings for Iridium Communications (NASDAQ:IRDM) (?)
Ratings Breakdown: 1 Hold Rating, 1 Buy Rating
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: N/A

Analysts' Ratings History for Iridium Communications (NASDAQ:IRDM)
DateFirmActionRatingPrice TargetDetails
9/13/2016MacquarieReiterated RatingPositiveView Rating Details
2/28/2016Chardan CapitalReiterated RatingHoldView Rating Details
(Data available from 10/22/2014 forward)


Earnings History for Iridium Communications (NASDAQ:IRDM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/27/2016Q316$0.23$84.46 millionN/AView Earnings Details
7/28/2016Q216$0.25$0.22$107.34 million$109.20 millionViewListenView Earnings Details
4/28/2016Q116$0.18$0.23$104.04 million$104.20 millionViewListenView Earnings Details
2/25/2016Q415$0.18$0.14$104.63 million$106.40 millionViewListenView Earnings Details
10/29/2015Q315$0.19$0.24$104.62 million$106.00 millionViewListenView Earnings Details
7/30/2015Q215$0.19$0.21$102.45 million$101.92 millionViewListenView Earnings Details
4/30/2015Q115$0.18$0.17$101.21 million$97.00 millionViewListenView Earnings Details
2/26/2015Q414$0.13$0.19$99.33 million$100.50 millionViewN/AView Earnings Details
10/30/2014Q314$0.14$0.17$101.80 million$107.50 millionViewN/AView Earnings Details
7/31/2014Q214$0.18$0.14$98.28 million$102.50 millionViewN/AView Earnings Details
5/1/2014Q114$0.18$0.19$94.40 million$98.00 millionViewListenView Earnings Details
2/27/2014Q413$0.21$0.18$99.36 million$98.20 millionViewN/AView Earnings Details
10/31/2013Q313$0.21$0.19$97.85 million$100.60 millionViewN/AView Earnings Details
8/1/2013Q2 2013$0.22$0.18$99.31 million$94.70 millionViewN/AView Earnings Details
5/2/2013Q1 2013$0.19$0.19$97.63 million$89.19 millionViewN/AView Earnings Details
2/28/2013Q4 2012$0.21$0.19$98.14 million$92.30 millionViewN/AView Earnings Details
11/1/2012Q312$0.25$0.23$104.42 millionViewN/AView Earnings Details
8/2/2012$0.20$0.23ViewN/AView Earnings Details
5/3/2012$0.15$0.16ViewN/AView Earnings Details
3/6/2012$0.08$0.11ViewN/AView Earnings Details
1/25/2012$0.09$0.53ViewN/AView Earnings Details
11/8/2011$0.17$0.15ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Iridium Communications (NASDAQ:IRDM)
Current Year EPS Consensus Estimate: $0.89 EPS
Next Year EPS Consensus Estimate: $0.95 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.20$0.20$0.20
Q2 20161$0.22$0.22$0.22
Q3 20161$0.23$0.23$0.23
Q4 20161$0.21$0.21$0.21
Q1 20171$0.22$0.22$0.22
Q2 20171$0.23$0.23$0.23
Q3 20171$0.23$0.23$0.23
Q4 20171$0.24$0.24$0.24
(Data provided by Zacks Investment Research)


Dividend History for Iridium Communications (NASDAQ:IRDM)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading History for Iridium Communications (NASDAQ:IRDM)
Insider Ownership Percentage: 5.50%
Institutional Ownership Percentage: 94.45%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/9/2016Matthew J DeschCEOBuy15,000$6.98$104,700.00View SEC Filing  
9/7/2016Barry WestDirectorBuy10,000$7.25$72,500.00View SEC Filing  
3/1/2016Thomas C CanfieldDirectorBuy5,000$6.95$34,750.00View SEC Filing  
8/6/2013Matthew DeschCEOBuy15,000$7.12$106,800.00View SEC Filing  
8/6/2013Thomas CanfieldDirectorBuy10,000$7.10$71,000.00View SEC Filing  
5/9/2013Greenhill & Co IncDirectorSell15,000$7.45$111,750.00View SEC Filing  
5/7/2013Thomas C CanfieldDirectorBuy10,000$7.23$72,300.00View SEC Filing  
4/12/2013Greenhill & Co IncDirectorSell45,000$6.44$289,800.00View SEC Filing  
3/14/2013Greenhill & Co IncDirectorSell30,000$6.32$189,600.00View SEC Filing  
3/13/2013Thomas C CanfieldDirectorBuy7,500$6.35$47,625.00View SEC Filing  
2/6/2013Greenhill & Co IncDirectorSell45,000$6.96$313,200.00View SEC Filing  
1/18/2013Greenhill & Co IncDirectorSell45,000$6.88$309,600.00View SEC Filing  
12/21/2012Greenhill & Co IncDirectorSell15,000$5.69$85,350.00View SEC Filing  
12/5/2012Greenhill & Co IncDirectorSell30,000$6.27$188,100.00View SEC Filing  
11/29/2012Thomas C CanfieldDirectorBuy5,000$6.12$30,600.00View SEC Filing  
11/21/2012Ltd BaraloncoMajor ShareholderBuy5,800$5.70$33,060.00View SEC Filing  
11/20/2012Ltd BaraloncoMajor ShareholderBuy6,600$5.61$37,026.00View SEC Filing  
11/16/2012Ltd BaraloncoMajor ShareholderBuy6,100$5.49$33,489.00View SEC Filing  
11/13/2012Thomas C CanfieldDirectorBuy5,000$6.33$31,650.00View SEC Filing  
11/7/2012Ltd BaraloncoMajor ShareholderBuy3,300$6.27$20,691.00View SEC Filing  
11/6/2012Ltd BaraloncoMajor ShareholderBuy3,400$6.45$21,930.00View SEC Filing  
11/6/2012Robert H NiehausDirectorBuy30,000$6.45$193,500.00View SEC Filing  
11/6/2012S. Scott SmithEVPBuy5,000$6.45$32,250.00View SEC Filing  
10/4/2012Greenhill & Co IncDirectorSell30,000$7.49$224,700.00View SEC Filing  
9/6/2012Greenhill & Co IncDirectorSell30,000$7.55$226,500.00View SEC Filing  
8/10/2012Greenhill & Co IncDirectorSell30,000$7.33$219,900.00View SEC Filing  
8/9/2012Richard P NyrenVPBuy2,000$7.26$14,520.00View SEC Filing  
8/9/2012Thomas C CanfieldDirectorBuy7,000$7.27$50,890.00View SEC Filing  
8/8/2012Ltd BaraloncoMajor ShareholderBuy3,000$7.02$21,060.00View SEC Filing  
8/7/2012A B KrongardDirectorBuy25,000$7.33$183,250.00View SEC Filing  
8/7/2012Ltd BaraloncoMajor ShareholderBuy4,000$7.19$28,760.00View SEC Filing  
8/7/2012Thomas FitzpatrickCFOBuy10,000$7.08$70,800.00View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Iridium Communications (NASDAQ:IRDM)
News IconEmerald Acquisition Ltd. Buys Shares of 53200 Iridium Communications Inc. (IRDM) (NASDAQ:IRDM) - October 21 at 5:45 PM
News IconIridium Communications Inc. (NASDAQ:IRDM) earnings reaction history - The Independent Republic (NASDAQ:IRDM) - October 21 at 8:55 AM
News IconEmerald Acquisition Ltd. Buys Shares of 53200 Iridium Communications Inc. (IRDM) - DailyQuint (NASDAQ:IRDM) - October 21 at 8:55 AM logoAnalysts Set EPS Target At $0.25 For Iridium Communications Inc ... - Investor Newswire (NASDAQ:IRDM) - October 19 at 6:02 PM
News IconBNP Paribas Arbitrage SA Reduces Position in Iridium Communications Inc. (IRDM) - DailyQuint (NASDAQ:IRDM) - October 19 at 10:37 AM logoIridium Is About To Stop Paying Dividends - Seeking Alpha (NASDAQ:IRDM) - October 19 at 10:37 AM logoIridium Communications Inc (NASDAQ:IRDM) Stock Rating At 2 ... - Stocks Daily (NASDAQ:IRDM) - October 16 at 10:09 AM
News IconIridium Communications Inc (NASDAQ:IRDM) Updated Broker Ratings - NewsDen (NASDAQ:IRDM) - October 13 at 9:02 AM
News IconBulls and Bear in Analyst's Spotlight: ON Semiconductor Corp ... - Seneca Globe (NASDAQ:IRDM) - October 12 at 5:42 PM
News IconHow Iridium Communications Inc. (NASDAQ:IRDM) trades after earning announcements? - The Independent Republic (NASDAQ:IRDM) - October 12 at 5:42 PM
News IconWhich way Iridium Communications Inc. (NASDAQ:IRDM) earnings may go - The Voice Registrar (NASDAQ:IRDM) - October 12 at 5:42 PM
News IconLatest Analyst Ratings For Iridium Communications Inc (NASDAQ ... - The De Soto Edge (NASDAQ:IRDM) - October 10 at 10:21 AM
News IconStock Update: Estimates & Target in Focus for Iridium Communications Inc (NASDAQ:IRDM) - CSZ News (NASDAQ:IRDM) - October 7 at 5:31 PM logoIridium Communications Inc (NASDAQ:IRDM) Stock Rating At 2 - Stocks Daily (NASDAQ:IRDM) - October 7 at 5:31 PM logoIridium Announces Release Date for Third-Quarter 2016 Financial Results (NASDAQ:IRDM) - October 6 at 11:03 AM logoIridium Communications, Inc. breached its 50 day moving average in a Bullish Manner : IRDM-US : October 6, 2016 (NASDAQ:IRDM) - October 6 at 11:03 AM logoETF’s with exposure to Iridium Communications, Inc. : October 6, 2016 (NASDAQ:IRDM) - October 6 at 11:03 AM
News IconAnalyst Review: Iridium Communications Inc (NASDAQ:IRDM ... - NewsDen (NASDAQ:IRDM) - October 2 at 9:57 AM
News IconConsensus Analyst Thoughts for: Iridium Communications Inc ... - Wall Street Times (press release) (NASDAQ:IRDM) - October 2 at 9:57 AM logoIridium Communications Inc (NASDAQ:IRDM) Is Expected To Post EPS Of $0.25 - (NASDAQ:IRDM) - October 1 at 5:05 PM
News IconBroker Changes For Iridium Communications Inc (NASDAQ:IRDM) - NewsDen (NASDAQ:IRDM) - October 1 at 11:03 AM logoIridium Communications Inc (NASDAQ:IRDM) Analyst Rating At 2 - Investor Newswire (NASDAQ:IRDM) - September 30 at 5:54 PM
News IconIt's Earnings Time: What to Do with Iridium Communications Inc. (NASDAQ:IRDM) Stock - The Voice Registrar (NASDAQ:IRDM) - September 29 at 5:38 PM logoIRDM Crosses Above Key Moving Average Level (NASDAQ:IRDM) - September 29 at 5:38 PM
News IconIridium Communications Inc (NASDAQ:IRDM) Updated Broker Price ... - The De Soto Edge (NASDAQ:IRDM) - September 29 at 10:43 AM logoSatellite tracking could prevent airliner disappearances, developers say (NASDAQ:IRDM) - September 21 at 3:54 PM
News IconThe Statistics Don't Lie: Iridium Communications Inc. (NASDAQ:IRDM) Earnings Preview - The Voice Registrar (NASDAQ:IRDM) - September 21 at 9:51 AM
News IconConcerns Diverting Active Stocks Direction: Cisco Systems, Inc. (NASDAQ:CSCO), Iridium Communications Inc ... - Street Wise Report (press release) (blog) (NASDAQ:IRDM) - September 19 at 10:12 AM logoIridium Communications Inc (IRDM) CEO Matthew J Desch Bought $104,700 of Shares (NASDAQ:IRDM) - September 14 at 5:46 PM logoIridium Communications Inc (IRDM) CEO Matthew J Desch Bought $–…4,7…… of Shares - (NASDAQ:IRDM) - September 14 at 9:53 AM logoLook Under The Hood: IYZ Has 10% Upside (NASDAQ:IRDM) - September 12 at 10:23 AM
News IconShares Lower Over the Past Quarter: Iridium Communications Inc. (NASDAQ:IRDM) - Post News (NASDAQ:IRDM) - September 11 at 5:15 PM logoElon Musk calls SpaceX blast a ‘most difficult, complex failure’ (NASDAQ:IRDM) - September 9 at 5:28 PM
News IconThe Sell-side Consensus is in on Iridium Communications Inc (NASDAQ:IRDM); Earnings & Target Updates - National Daily Press (NASDAQ:IRDM) - September 9 at 10:23 AM logoWhy Iridium Communications Inc (NASDAQ:IRDM) Isn’t Connecting Well With Investors (NASDAQ:IRDM) - September 8 at 5:33 PM
News IconAnalysts Roundup at Gainers/Losers- Infosys Limited (NYSE:INFY), Iridium Communications Inc. (NASDAQ:IRDM) - Seneca Globe (NASDAQ:IRDM) - September 7 at 5:50 PM logoWhy Iridium Communications Inc (NASDAQ:IRDM) Isn't Connecting Well With Investors - Market Exclusive (NASDAQ:IRDM) - September 7 at 9:06 AM logoIridium Leads Maritime Market with High-Performing Numbers (NASDAQ:IRDM) - September 6 at 5:40 PM logoETF’s with exposure to Iridium Communications, Inc. : September 6, 2016 (NASDAQ:IRDM) - September 6 at 5:40 PM logoIridium Leads Maritime Market with High-Performing Numbers ... - GlobeNewswire (press release) (NASDAQ:IRDM) - September 6 at 10:28 AM logoThree Movers to Watch for: Medtronic (MDT), Marriott International (MAR), Iridium Communications (IRDM) - iStreetWire (NASDAQ:IRDM) - September 2 at 5:36 PM
News IconTrendy Stock of Yesterday- Iridium Communications Inc.'s (IRDM) - Hot Stocks Point (NASDAQ:IRDM) - September 2 at 5:36 PM logoSpaceX assessing launch pad damage after explosion at Cape Canaveral (NASDAQ:IRDM) - September 2 at 5:36 PM logoNotable Two Hundred Day Moving Average Cross - IRDM (NASDAQ:IRDM) - September 1 at 5:34 PM
News IconShares Slipping Lower Over the Past Month: Iridium Communications Inc. (NASDAQ:IRDM) - Post News (NASDAQ:IRDM) - September 1 at 8:40 AM
News IconTwo Technology Stocks Are Hot: Cirrus Logic Inc. (CRUS), Iridium ... - The Independent Republic (NASDAQ:IRDM) - August 29 at 5:33 PM logo10:10 am Iridium Communications announces the release of technology that can equip motorized farm vehicles with terrestrial and satellite communication capabilities AGCO Corp (AGCO (NASDAQ:IRDM) - August 29 at 5:33 PM
News IconActive Tech Stock News: Iridium Communications Inc. (IRDM), Shenandoah Telecommunications Co. (SHEN) - The Independent Republic (NASDAQ:IRDM) - August 27 at 5:13 PM logoETF’s with exposure to Iridium Communications, Inc. : August 26, 2016 (NASDAQ:IRDM) - August 26 at 5:32 PM
News IconUPDATE — Iridium to Participate at September Conferences (NASDAQ:IRDM) - August 25 at 5:42 PM


Iridium Communications (NASDAQ:IRDM) Chart for Saturday, October, 22, 2016

Last Updated on 10/22/2016 by Staff