NASDAQ:IRMD

Iradimed (IRMD) Stock Price, News & Analysis

$43.49
-0.10 (-0.23%)
(As of 03:08 PM ET)
Today's Range
$43.20
$44.03
50-Day Range
$40.36
$45.00
52-Week Range
$36.12
$51.04
Volume
22,121 shs
Average Volume
51,878 shs
Market Capitalization
$550.58 million
P/E Ratio
30.84
Dividend Yield
1.38%
Price Target
$62.50

Iradimed MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
43.5% Upside
$62.50 Price Target
Short Interest
Healthy
1.31% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.85
Upright™ Environmental Score
News Sentiment
0.61mentions of Iradimed in the last 14 days
Based on 13 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
23.74%
From $1.39 to $1.72 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.99 out of 5 stars

Medical Sector

3rd out of 903 stocks

Surgical & Medical Instruments Industry

1st out of 95 stocks

IRMD stock logo

About Iradimed Stock (NASDAQ:IRMD)

IRADIMED CORPORATION develops, manufactures, markets, and distributes magnetic resonance imaging (MRI) compatible medical devices and related accessories, and disposables and services in the United States and internationally. It offers MRidium MRI compatible intravenous (IV) infusion pump system with associated disposable IV tubing sets; MRI compatible patient vital signs monitoring system; and 3600 FMD1 with RALU ferromagnetic detection device. The company also provides non-magnetic IV poles, wireless remote displays/controls, side car pump modules, dose error reduction systems, and SpO2 monitoring with sensors and accessories. It serves hospitals, acute care facilities, and outpatient imaging centers. The company sells its products through direct field sales representatives, regional sales directors, clinical application specialists, and independent distributors. IRADIMED CORPORATION was incorporated in 1992 and is headquartered in Winter Springs, Florida.

IRMD Stock Price History

IRMD Stock News Headlines

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iRadimed Q1 2024 Earnings Preview
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IRMD Jul 2024 60.000 call
iRadimed Corp.
Should You Invest in IRadimed Corporation (IRMD)?
IRMD Mar 2024 45.000 put
IRMD Mar 2024 40.000 call
IRMD Feb 2024 44.520 call
IRadimed: Q4 Earnings Snapshot
iRadimed's Earnings Outlook
See More Headlines
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Company Calendar

Last Earnings
2/08/2024
Today
5/07/2024
Ex-Dividend for 5/30 Dividend
5/17/2024
Dividend Payable
5/30/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Surgical & medical instruments
Sub-Industry
N/A
Current Symbol
NASDAQ:IRMD
Employees
148
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$62.50
High Stock Price Target
$65.00
Low Stock Price Target
$60.00
Potential Upside/Downside
+43.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$17.19 million
Pretax Margin
33.44%

Debt

Sales & Book Value

Annual Sales
$65.56 million
Cash Flow
$1.39 per share
Book Value
$5.66 per share

Miscellaneous

Free Float
7,269,000
Market Cap
$551.85 million
Optionable
Optionable
Beta
0.86
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Key Executives

  • Mr. Roger E. Susi (Age 71)
    Founder, Chairman, CEO & President
    Comp: $586.04k
  • Mr. John F. Glenn (Age 62)
    CFO & Corporate Secretary
    Comp: $411.79k
  • Mr. Randy Waddell
    Vice President of Worldwide Sales & Marketing
  • Mr. Steve Kachelmeyer
    Vice President of Regulatory Affairs & Quality Assurance
  • Mr. Lynn Neuhardt
    Vice President of Research & Development
  • Mr. Chris Williamson
    Executive Vice President of Continuous Improvement & Information Technology
  • Mr. Matt Garner
    Controller

IRMD Stock Analysis - Frequently Asked Questions

Should I buy or sell Iradimed stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Iradimed in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" IRMD shares.
View IRMD analyst ratings
or view top-rated stocks.

What is Iradimed's stock price target for 2024?

3 brokers have issued 12 month price targets for Iradimed's stock. Their IRMD share price targets range from $60.00 to $65.00. On average, they predict the company's share price to reach $62.50 in the next year. This suggests a possible upside of 43.5% from the stock's current price.
View analysts price targets for IRMD
or view top-rated stocks among Wall Street analysts.

How have IRMD shares performed in 2024?

Iradimed's stock was trading at $47.47 at the beginning of 2024. Since then, IRMD stock has decreased by 8.3% and is now trading at $43.54.
View the best growth stocks for 2024 here
.

When is Iradimed's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our IRMD earnings forecast
.

How were Iradimed's earnings last quarter?

Iradimed Corporation (NASDAQ:IRMD) announced its quarterly earnings results on Thursday, February, 8th. The medical equipment provider reported $0.36 EPS for the quarter, missing analysts' consensus estimates of $0.37 by $0.01. The medical equipment provider earned $17.45 million during the quarter. Iradimed had a net margin of 26.48% and a trailing twelve-month return on equity of 24.63%.

How often does Iradimed pay dividends? What is the dividend yield for Iradimed?

Iradimed announced a quarterly dividend on Thursday, May 2nd. Shareholders of record on Monday, May 20th will be paid a dividend of $0.15 per share on Thursday, May 30th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date of this dividend is Friday, May 17th.
Read our dividend analysis for IRMD
.

Is Iradimed a good dividend stock?

Iradimed (NASDAQ:IRMD) pays an annual dividend of $0.60 per share and currently has a dividend yield of 1.34%. The dividend payout ratio is 42.55%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IRMD will have a dividend payout ratio of 34.88% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for IRMD.

What ETF holds Iradimed's stock?

Ballast Small/Mid Cap ETF holds 30,184 shares of IRMD stock, representing 0.93% of its portfolio.

What guidance has Iradimed issued on next quarter's earnings?

Iradimed issued an update on its second quarter 2024 earnings guidance on Friday, May, 3rd. The company provided EPS guidance of 0.360-0.390 for the period, compared to the consensus estimate of 0.370. The company issued revenue guidance of $17.6 million-$17.8 million, compared to the consensus revenue estimate of $17.9 million.

What other stocks do shareholders of Iradimed own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Iradimed investors own include NVIDIA (NVDA), Gilead Sciences (GILD), Alphabet (GOOG), Mastercard (MA), Micron Technology (MU), PayPal (PYPL), CRISPR Therapeutics (CRSP), IntriCon (IIN), QUALCOMM (QCOM) and Twitter (TWTR).

Who are Iradimed's major shareholders?

Iradimed's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.39%), Bridge City Capital LLC (0.33%), Conestoga Capital Advisors LLC (0.22%), Shaker Investments LLC OH (0.16%), BNP Paribas Financial Markets (0.13%) and Swiss National Bank (0.13%). Insiders that own company stock include Anthony Vuoto, Christopher K Scott, James B Hawkins, Monty K Allen, Monty K Allen and Roger E Susi.
View institutional ownership trends
.

How do I buy shares of Iradimed?

Shares of IRMD 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.

This page (NASDAQ:IRMD) was last updated on 5/7/2024 by MarketBeat.com Staff

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