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: $7.84
  • 50 Day Moving Average: $8.06
  • 200 Day Moving Average: $8.20
  • 52-Week Range: $5.85 - $9.37
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 8.25
  • P/E Growth: 0.91
  • Market Cap: $749.72M
  • Outstanding Shares: 95,627,000
  • Beta: 1.49
Profitability:
  • Net Margins: 3.64%
  • Return on Equity: 8.08%
  • Return on Assets: 3.19%
Debt:
  • 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)
Show:
DateFirmActionRatingPrice TargetDetails
9/13/2016MacquarieReiterated RatingPositiveView Rating Details
2/28/2016Chardan CapitalReiterated RatingHoldView Rating Details
(Data available from 9/25/2014 forward)

Earnings

Earnings History for Iridium Communications (NASDAQ:IRDM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/27/2016        
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)

Estimates

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)

Dividends

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

Insider Trades

Insider Trading History for Iridium Communications (NASDAQ:IRDM)
Insider Ownership Percentage: 5.50%
Institutional Ownership Percentage: 94.46%
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)

Headlines

Latest Headlines for Iridium Communications (NASDAQ:IRDM)
DateHeadline
sg.finance.yahoo.com logoSatellite tracking could prevent airliner disappearances, developers say (NASDAQ:IRDM)
sg.finance.yahoo.com - September 21 at 3:54 PM
News IconThe Statistics Don't Lie: Iridium Communications Inc. (NASDAQ:IRDM) Earnings Preview - The Voice Registrar (NASDAQ:IRDM)
voiceregistrar.com - 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)
streetwisereport.com - September 19 at 10:12 AM
gurufocus.com logoIridium Communications Inc (IRDM) CEO Matthew J Desch Bought $104,700 of Shares (NASDAQ:IRDM)
www.gurufocus.com - September 14 at 5:46 PM
gurufocus.com logoIridium Communications Inc (IRDM) CEO Matthew J Desch Bought $–…4,7…… of Shares - GuruFocus.com (NASDAQ:IRDM)
www.gurufocus.com - September 14 at 9:53 AM
nasdaq.com logoLook Under The Hood: IYZ Has 10% Upside (NASDAQ:IRDM)
www.nasdaq.com - September 12 at 10:23 AM
News IconShares Lower Over the Past Quarter: Iridium Communications Inc. (NASDAQ:IRDM) - Post News (NASDAQ:IRDM)
www.kentuckypostnews.com - September 11 at 5:15 PM
sg.finance.yahoo.com logoElon Musk calls SpaceX blast a ‘most difficult, complex failure’ (NASDAQ:IRDM)
sg.finance.yahoo.com - 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)
www.nationaldailypress.com - September 9 at 10:23 AM
marketexclusive.com logoWhy Iridium Communications Inc (NASDAQ:IRDM) Isn’t Connecting Well With Investors (NASDAQ:IRDM)
marketexclusive.com - 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)
www.senecaglobe.com - September 7 at 5:50 PM
marketexclusive.com logoWhy Iridium Communications Inc (NASDAQ:IRDM) Isn't Connecting Well With Investors - Market Exclusive (NASDAQ:IRDM)
marketexclusive.com - September 7 at 9:06 AM
nasdaq.com logoIridium Leads Maritime Market with High-Performing Numbers (NASDAQ:IRDM)
m.nasdaq.com - September 6 at 5:40 PM
capitalcube.com logoETF’s with exposure to Iridium Communications, Inc. : September 6, 2016 (NASDAQ:IRDM)
www.capitalcube.com - September 6 at 5:40 PM
globenewswire.com logoIridium Leads Maritime Market with High-Performing Numbers ... - GlobeNewswire (press release) (NASDAQ:IRDM)
globenewswire.com - September 6 at 10:28 AM
istreetwire.com logoThree Movers to Watch for: Medtronic (MDT), Marriott International (MAR), Iridium Communications (IRDM) - iStreetWire (NASDAQ:IRDM)
istreetwire.com - September 2 at 5:36 PM
News IconTrendy Stock of Yesterday- Iridium Communications Inc.'s (IRDM) - Hot Stocks Point (NASDAQ:IRDM)
www.hotstockspoint.com - September 2 at 5:36 PM
finance.yahoo.com logoSpaceX assessing launch pad damage after explosion at Cape Canaveral (NASDAQ:IRDM)
finance.yahoo.com - September 2 at 5:36 PM
thestreet.com logoNotable Two Hundred Day Moving Average Cross - IRDM (NASDAQ:IRDM)
www.thestreet.com - September 1 at 5:34 PM
News IconShares Slipping Lower Over the Past Month: Iridium Communications Inc. (NASDAQ:IRDM) - Post News (NASDAQ:IRDM)
www.kentuckypostnews.com - September 1 at 8:40 AM
News IconTwo Technology Stocks Are Hot: Cirrus Logic Inc. (CRUS), Iridium ... - The Independent Republic (NASDAQ:IRDM)
theindependentrepublic.com - August 29 at 5:33 PM
finance.yahoo.com 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)
finance.yahoo.com - August 29 at 5:33 PM
News IconActive Tech Stock News: Iridium Communications Inc. (IRDM), Shenandoah Telecommunications Co. (SHEN) - The Independent Republic (NASDAQ:IRDM)
theindependentrepublic.com - August 27 at 5:13 PM
capitalcube.com logoETF’s with exposure to Iridium Communications, Inc. : August 26, 2016 (NASDAQ:IRDM)
www.capitalcube.com - August 26 at 5:32 PM
News IconUPDATE — Iridium to Participate at September Conferences (NASDAQ:IRDM)
virtual-strategy.com - August 25 at 5:42 PM
finance.yahoo.com logoUPDATE -- Iridium to Participate at September Conferences (NASDAQ:IRDM)
finance.yahoo.com - August 25 at 5:42 PM
finance.yahoo.com logoIridium to Participate at September Conferences (NASDAQ:IRDM)
finance.yahoo.com - August 24 at 5:34 PM
News IconIridium Communications Inc. (NASDAQ:IRDM) Upcoming Earnings: What matter for investors? - The Voice Registrar (NASDAQ:IRDM)
voiceregistrar.com - August 23 at 5:53 PM
wsj.com logo[$$] Aging Iridium Network Waits for Key Satellite Replacements (NASDAQ:IRDM)
www.wsj.com - August 23 at 5:53 PM
realistinvestor.com logoAnalysts See Iridium Communications Inc (NASDAQ:IRDM) Reporting EPS Of $0.25 - RealistInvestor.com (NASDAQ:IRDM)
www.realistinvestor.com - August 21 at 9:59 AM
News IconTrust Department Mb Financial Bank N A Invests 164000 In Iridium Communications Inc Irdm (NASDAQ:IRDM)
gizpress.com - August 20 at 5:33 PM
capitalcube.com logoETF’s with exposure to Iridium Communications, Inc. : August 15, 2016 (NASDAQ:IRDM)
www.capitalcube.com - August 15 at 3:48 PM
stocksdaily.net logoIridium Communications Inc (NASDAQ:IRDM) Ratings in Focus ... - Stocks Daily (NASDAQ:IRDM)
www.stocksdaily.net - August 15 at 6:13 AM
capitalcube.com logoIridium Communications, Inc. :IRDM-US: Earnings Analysis: Q2, 2016 By the Numbers : August 12, 2016 (NASDAQ:IRDM)
www.capitalcube.com - August 12 at 5:47 PM
investors.com logoWorld Reach Ltd gains traction in Iridium device sales (NASDAQ:IRDM)
www.proactiveinvestors.com.au - August 12 at 8:51 AM
biz.yahoo.com logoIRIDIUM COMMUNICATIONS INC. Files SEC form 8-K, Regulation FD Disclosure (NASDAQ:IRDM)
biz.yahoo.com - August 11 at 5:55 PM
finance.yahoo.com logoToday's Bell Ringer, August 9, 2016 (NASDAQ:IRDM)
finance.yahoo.com - August 9 at 5:51 PM
finance.yahoo.com logoOpening Bell, August 9, 2016 (NASDAQ:IRDM)
finance.yahoo.com - August 9 at 5:51 PM
finance.yahoo.com logoIridium Communications Inc. (Nasdaq: IRDM) to Ring The Nasdaq Stock Market Opening Bell (NASDAQ:IRDM)
finance.yahoo.com - August 8 at 10:24 AM
forbes.com logoFuture of Black Boxes Demonstrated in Emirates Crash Landing (NASDAQ:IRDM)
www.forbes.com - August 5 at 5:50 PM
fool.com logoIridium Communications Inc Rockets Subscribers to Higher Orbit, but Expenses Keep Profits Closer to Earth (NASDAQ:IRDM)
www.fool.com - August 5 at 8:44 AM
capitalcube.com logoIridium Communications, Inc. breached its 50 day moving average in a Bearish Manner : IRDM-US : August 3, 2016 (NASDAQ:IRDM)
www.capitalcube.com - August 3 at 6:00 PM
finance.yahoo.com logoIRIDIUM COMMUNICATIONS INC. Financials (NASDAQ:IRDM)
finance.yahoo.com - August 3 at 6:00 PM
fortune.com logoAnalysts: Iridium Communications Inc. (NASDAQ:IRDM) stock is worth $13 - Review Fortune (NASDAQ:IRDM)
reviewfortune.com - July 29 at 5:51 PM
finance.yahoo.com logoEdited Transcript of IRDM earnings conference call or presentation 28-Jul-16 12:30pm GMT (NASDAQ:IRDM)
finance.yahoo.com - July 29 at 10:18 AM
rttnews.com logoEARNINGS SUMMARY: Details of Iridium Communications Inc. Q2 Earnings Report (NASDAQ:IRDM)
www.rttnews.com - July 28 at 8:43 AM
globenewswire.com logoIridium Announces Second-Quarter 2016 Results; Reports Record Net Subscriber Additions (NASDAQ:IRDM)
globenewswire.com - July 28 at 8:43 AM
sg.finance.yahoo.com logoIridium misses 2Q profit forecasts (NASDAQ:IRDM)
sg.finance.yahoo.com - July 28 at 8:30 AM
finance.yahoo.com logoShould You Sell Iridium Communications (IRDM) Before Earnings? (NASDAQ:IRDM)
finance.yahoo.com - July 27 at 8:42 AM
tradecalls.org logoIridium Communications Inc (IRDM) Shares are Up 0.66% - Trade Calls (NASDAQ:IRDM)
www.tradecalls.org - July 25 at 5:47 PM

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Iridium Communications (NASDAQ:IRDM) Chart for Sunday, September, 25, 2016


Last Updated on 9/25/2016 by MarketBeat.com Staff