Iron Mountain (IRM) Stock Price, News & Analysis

Company Overview

Iron Mountain Incorporated (NYSE: IRM) is a global leader in storage and information management services. The company specializes in secure physical and digital storage solutions, records management, data protection, and secure destruction of sensitive information. Its offerings are designed to help organizations comply with regulatory requirements, mitigate risk, and optimize their information lifecycle.

Founded in 1951 and headquartered in Boston, Massachusetts, Iron Mountain has evolved from a single secure storage facility in the United States to an international enterprise serving customers in more than 50 countries. Over the decades, the company has expanded its footprint through strategic acquisitions and the development of advanced facilities, including underground vaults and cutting-edge data centers, to support both on-premises and cloud-based needs.

Iron Mountain’s core services include physical document storage, secure shredding and destruction, digital imaging and data backup, and off-site tape vaulting. In recent years, the company has enhanced its portfolio with information governance consulting, secure data centers for colocation and hosting, and digital transformation solutions that address growing cybersecurity and hybrid data requirements.

Guided by a board of directors and a seasoned senior leadership team, Iron Mountain continues to prioritize security, compliance, and sustainability. The company invests in certifications and best practices that meet industry standards, positioning itself as a trusted partner for enterprises seeking comprehensive information management strategies.

Key Stats

• Today's Range: $105.15 to $106.83
• 50-Day Range: $89.49 to $106.44
• 52-Week Range: $72.33 to $130.24
• Volume: 1.16 million shs
• Average Volume: 1.63 million shs
• Market Capitalization: $31.27 billion
• P/E Ratio: 756.30
• Dividend Yield: 2.97%
• Price Target: $116.83
• Consensus Rating: Buy

Iron Mountain Stock Analysis - MarketRank™

Iron Mountain scored higher than 85% of companies evaluated by MarketBeat, and ranked 54th out of 318 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.1 / 5
• Analyst Rating: Buy

Consensus Rating

Iron Mountain has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, 1 hold rating, and no sell ratings.

Upside Potential

Iron Mountain has a consensus price target of $116.83, representing about 10.4% upside from its current price of $105.87.

Amount of Analyst Coverage

Iron Mountain has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 10.79%

Earnings Growth

Earnings for Iron Mountain are expected to grow by 10.79% in the coming year, from $4.54 to $5.03 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Iron Mountain is 756.30, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 233.40.

Price to Earnings Ratio vs. Sector

The P/E ratio of Iron Mountain is 756.30, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 26.42.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

2.94% of the outstanding shares of Iron Mountain have been sold short.

Short Interest Ratio / Days to Cover

Iron Mountain has a short interest ratio ("days to cover") of 5.7.

Change versus previous month

Short interest in Iron Mountain has recently increased by 0.35%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Iron Mountain pays a meaningful dividend of 2.95%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Iron Mountain has only been increasing its dividend for 3 years.

Dividend Coverage

The dividend payout ratio of Iron Mountain is 2,242.86%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Iron Mountain will have a dividend payout ratio of 62.43% next year. This indicates that Iron Mountain will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.2 / 5
• Environmental Score: -0.70

Percentage of Shares Shorted

2.94% of the outstanding shares of Iron Mountain have been sold short.

Short Interest Ratio / Days to Cover

Iron Mountain has a short interest ratio ("days to cover") of 5.7.

Change versus previous month

Short interest in Iron Mountain has recently increased by 0.35%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 1.09

News Sentiment

Iron Mountain has a news sentiment score of 1.09. 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 0.55 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 17 news articles for Iron Mountain this week, compared to 18 articles on an average week.

Search Interest

18 people have searched for IRM on MarketBeat in the last 30 days. This is an increase of 157% compared to the previous 30 days.

MarketBeat Follows

16 people have added Iron Mountain to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Iron Mountain insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $20,347,156.00 in company stock.

Percentage Held by Insiders

Only 1.90% of the stock of Iron Mountain is held by insiders.

Percentage Held by Institutions

80.13% of the stock of Iron Mountain is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

IRM Stock Analysis - Frequently Asked Questions

How have IRM shares performed this year?

Iron Mountain's stock was trading at $105.11 on January 1st, 2025. Since then, IRM stock has increased by 0.7% and is now trading at $105.8740.

How were Iron Mountain's earnings last quarter?

Iron Mountain Incorporated (NYSE:IRM) posted its earnings results on Wednesday, August, 6th. The financial services provider reported $1.24 EPS for the quarter, topping analysts' consensus estimates of $1.19 by $0.05. The business's revenue for the quarter was up 11.6% on a year-over-year basis.
Read the conference call transcript.

Does Iron Mountain have any subsidiaries?

Iron Mountain subsidiaries include these companies: NxtGen Data Center & Cloud Services, EvoSwitch, IO.com, Bonded Services Group, Fortrust, EAC Invest, Fairfield Fine Art, and more.

Who are Iron Mountain's major shareholders?

Top institutional shareholders of Iron Mountain include Sonora Investment Management Group LLC (0.03%), Woodstock Corp (0.02%), Venture Visionary Partners LLC (0.01%) and Praxis Investment Management Inc. (0.01%). Insiders that own company stock include Barry Hytinen, Mark Kidd, Deborah Marson, Walter C Rakowich, Greg W Mcintosh, Robin Matlock, Wendy J Murdock, Jennifer Allerton, John Tomovcsik, Mithu Bhargava, Edward Baker-Greene, Daniel Borges and William L Meaney.
View institutional ownership trends.

How do I buy shares of Iron Mountain?

Shares of IRM 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.

What other stocks do shareholders of Iron Mountain own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Iron Mountain investors own include Humana (HUM), American Water Works (AWK), Verizon Communications (VZ), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR) and TotalEnergies (TTE).

Company Calendar

• Last Earnings: 8/06/2025
• Record date for 10/3 Dividend: 9/15/2025
• Ex-Dividend for 10/3 Dividend: 9/15/2025
• Dividend Payable: 10/03/2025
• Today: 10/07/2025
• Next Earnings (Estimated): 11/05/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Business Services
• Industry: BUSINESS INFO SVC
• Sub-Industry: Diversified Support Services
• Current Symbol: NYSE:IRM
• CIK: 1020569
• Web: www.ironmountain.com
• Phone: (617) 535-4766
• Fax: 617-350-7881
• Employees: 28,850
• Year Founded: 1951

Price Target and Rating

• Average Price Target for Iron Mountain: $116.83
• High Price Target: $139.00
• Low Price Target: $95.00
• Potential Upside/Downside: +10.4%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 8 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.14
• Trailing P/E Ratio: 756.30
• Forward P/E Ratio: 23.32
• P/E Growth: N/A
• Net Income: $180.16 million
• Net Margins: 0.66%
• Pretax Margin: 1.66%
• Return on Equity: -146.80%
• Return on Assets: 2.83%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.63
• Quick Ratio: 0.63

Sales & Book Value

• Annual Sales: $6.44 billion
• Price / Sales: 4.85
• Cash Flow: $4.99 per share
• Price / Cash Flow: 21.21
• Book Value: ($1.04) per share
• Price / Book: -101.80

Miscellaneous

• Outstanding Shares: 295,348,000
• Free Float: 289,736,000
• Market Cap: $31.27 billion
• Optionable: Optionable
• Beta: 1.06