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Are These Consumer Staples Too Cheap for Investors To Ignore?
S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
Flee to Healthcare Stocks if Recession Rears its Head?
Surprising "Twist" Hands Biden Landslide Re-election? (Ad)
3 Tasty Dividend Stocks With Value and Above-Average Yields
3 ETFs for the Conservative Investor to Buy and Hold
Surprising "Twist" Hands Biden Landslide Re-election? (Ad)
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5 NYSE-Listed Emerging Market Stocks For Income Investors
Surprising "Twist" Hands Biden Landslide Re-election? (Ad)
Disney Denies Rumors of TV Sale, After Stock Jumps on News
Are These Consumer Staples Too Cheap for Investors To Ignore?
S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
Flee to Healthcare Stocks if Recession Rears its Head?
Surprising "Twist" Hands Biden Landslide Re-election? (Ad)
3 Tasty Dividend Stocks With Value and Above-Average Yields
3 ETFs for the Conservative Investor to Buy and Hold
Surprising "Twist" Hands Biden Landslide Re-election? (Ad)
Stock market today: Asian shares track Wall Street's slump after Fed says rates may stay high in '24
5 NYSE-Listed Emerging Market Stocks For Income Investors
Surprising "Twist" Hands Biden Landslide Re-election? (Ad)
Disney Denies Rumors of TV Sale, After Stock Jumps on News
Are These Consumer Staples Too Cheap for Investors To Ignore?

Iron Mountain (IRM) Stock Forecast, Price & News

$63.45
+0.40 (+0.63%)
(As of 09/20/2023 ET)
Compare
Today's Range
$62.87
$64.48
50-Day Range
$58.55
$64.02
52-Week Range
$43.33
$64.48
Volume
2.24 million shs
Average Volume
1.42 million shs
Market Capitalization
$18.52 billion
P/E Ratio
48.81
Dividend Yield
4.10%
Price Target
$65.75

Iron Mountain MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
3.6% Upside
$65.75 Price Target
Short Interest
Healthy
4.15% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.70
Upright™ Environmental Score
News Sentiment
0.92mentions of Iron Mountain in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$4.89 M Sold Last Quarter
Proj. Earnings Growth
6.91%
From $3.76 to $4.02 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.33 out of 5 stars

Finance Sector

431st out of 831 stocks

Real Estate Investment Trusts Industry

84th out of 179 stocks


IRM stock logo

About Iron Mountain (NYSE:IRM) Stock

Iron Mountain Incorporated (NYSE: IRM) is a global leader in innovative storage, data center infrastructure, asset lifecycle management and information management services. Founded in 1951 and trusted by more than 225,000 customers worldwide, Iron Mountain helps customers CLIMB HIGHER to transform their businesses. Through a range of offerings including digital transformation, data centers, secure records storage, information management, asset lifecycle management, secure destruction, and art storage and logistics, Iron Mountain helps businesses bring light to their dark data, enabling customers to unlock value and intelligence from their stored digital and physical assets at speed and with security, while helping them meet their environmental goals.

IRM Price History

IRM Stock News Headlines

Iron Mountain to Present at Financial Conference
The World's First "$20 Trillion Drug
?" One small biotech holds the key to a revolution in treating Alzheimer's disease. Jeff Bezos, Goldman Sachs & Big Pharma giants have invested billions into this unknown biotech. Our research proves that anyone who gets in today could see 113,000% gains! Get the name of the stock here >>>
Iron Mountain: A REIT Showering Shareholders With Cash
Iron Mountain: Capitalizing On The Generative AI Boom
The World's First "$20 Trillion Drug
?" One small biotech holds the key to a revolution in treating Alzheimer's disease. Jeff Bezos, Goldman Sachs & Big Pharma giants have invested billions into this unknown biotech. Our research proves that anyone who gets in today could see 113,000% gains! Get the name of the stock here >>>
RBC Capital Upgrades Iron Mountain (IRM)
Why This Analyst Is Betting Big On Iron Mountain?
Is Iron Mountain Inc (IRM) Stock Fairly Valued?
Iron Mountain Raises Quarterly Dividend by 5% >IRM
See More Headlines
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IRM Company Calendar

Last Earnings
2/23/2023
Ex-Dividend for 7/6 Dividend
6/14/2023
Dividend Payable
7/06/2023
Ex-Dividend for 10/5 Dividend
9/14/2023
Today
9/20/2023
Dividend Payable
10/05/2023
Next Earnings (Estimated)
11/02/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Diversified Support Services
Sector
Finance
CUSIP
46284610
Employees
27,600
Year Founded
1951

Price Target and Rating

Average Stock Price Forecast
$65.75
High Stock Price Forecast
$69.00
Low Stock Price Forecast
$60.00
Forecasted Upside/Downside
+3.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$556.98 million
Pretax Margin
8.54%

Debt

Sales & Book Value

Annual Sales
$5.24 billion
Cash Flow
$4.40 per share
Book Value
$2.19 per share

Miscellaneous

Free Float
285,431,000
Market Cap
$18.52 billion
Optionable
Optionable
Beta
0.92

Social Links

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Key Executives

  • Mr. William L. Meaney BScMr. William L. Meaney BSc (Age 63)
    MEng, MSIA, Pres, CEO & Director
    Comp: $3.68M
  • Mr. Barry A. HytinenMr. Barry A. Hytinen (Age 48)
    Exec. VP & CFO
    Comp: $1.78M
  • Mr. John TomovcsikMr. John Tomovcsik (Age 55)
    Exec. VP & COO
    Comp: $1.21M
  • Ms. Deirdre J. EvensMs. Deirdre J. Evens (Age 59)
    Exec. Officer
    Comp: $1.46M
  • Mr. Greg W. McIntosh CAMr. Greg W. McIntosh CA (Age 50)
    Exec. VP, Chief Commercial Officer and GM of Global Records & Information Management
    Comp: $1.21M
  • Mr. Daniel BorgesMr. Daniel Borges (Age 54)
    Chief Accounting Officer & Sr. VP
  • Ms. Gillian Tiltman
    Sr. VP & Head of Investor Relations
  • Ms. Deborah MarsonMs. Deborah Marson (Age 69)
    Exec. VP, Gen. Counsel & Sec.
  • Mr. Edward E. Greene (Age 60)
    Exec. VP & Chief HR Officer
  • Mr. Garry B. Watzke
    Sr. VP













IRM Stock - Frequently Asked Questions

Should I buy or sell Iron Mountain stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Iron Mountain in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" IRM shares.
View IRM analyst ratings
or view top-rated stocks.

What is Iron Mountain's stock price forecast for 2023?

4 brokerages have issued 12-month target prices for Iron Mountain's stock. Their IRM share price forecasts range from $60.00 to $69.00. On average, they expect the company's stock price to reach $65.75 in the next twelve months. This suggests a possible upside of 3.6% from the stock's current price.
View analysts price targets for IRM
or view top-rated stocks among Wall Street analysts.

How have IRM shares performed in 2023?

Iron Mountain's stock was trading at $49.85 on January 1st, 2023. Since then, IRM shares have increased by 27.3% and is now trading at $63.45.
View the best growth stocks for 2023 here
.

When is Iron Mountain's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our IRM earnings forecast
.

How were Iron Mountain's earnings last quarter?

Iron Mountain Incorporated (NYSE:IRM) posted its earnings results on Thursday, February, 23rd. The financial services provider reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.89 by $0.46. The financial services provider had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.32 billion. Iron Mountain had a net margin of 9.42% and a trailing twelve-month return on equity of 116.19%. The firm's revenue for the quarter was up 10.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.74 earnings per share.
Read the conference call transcript
.

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

Iron Mountain declared a quarterly dividend on Thursday, August 3rd. Shareholders of record on Friday, September 15th will be paid a dividend of $0.65 per share on Thursday, October 5th. This represents a $2.60 dividend on an annualized basis and a yield of 4.10%. The ex-dividend date is Thursday, September 14th. This is a boost from the stock's previous quarterly dividend of $0.62.
Read our dividend analysis for IRM
.

Is Iron Mountain a good dividend stock?

Iron Mountain (NYSE:IRM) pays an annual dividend of $2.60 per share and currently has a dividend yield of 4.14%. IRM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 200.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, IRM will have a dividend payout ratio of 64.68% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for IRM.

What guidance has Iron Mountain issued on next quarter's earnings?

Iron Mountain updated its FY 2023 earnings guidance on Thursday, August, 3rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $5.50 billion-$5.60 billion, compared to the consensus revenue estimate of $5.54 billion.

What is William Meaney's approval rating as Iron Mountain's CEO?

459 employees have rated Iron Mountain Chief Executive Officer William Meaney on Glassdoor.com. William Meaney has an approval rating of 62% among the company's employees. This puts William Meaney in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Iron Mountain own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Iron Mountain investors own include Home Depot (HD), AT&T (T), StoneMor (STON), AbbVie (ABBV), Enterprise Products Partners (EPD), Kinder Morgan (KMI), Verizon Communications (VZ), Exxon Mobil (XOM), Altria Group (MO) and Cisco Systems (CSCO).

What is Iron Mountain's stock symbol?

Iron Mountain trades on the New York Stock Exchange (NYSE) under the ticker symbol "IRM."

Who are Iron Mountain's major shareholders?

Iron Mountain's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.67%), Capital World Investors (6.98%), State Street Corp (4.77%), Cohen & Steers Inc. (2.65%), Geode Capital Management LLC (2.53%) and Dimensional Fund Advisors LP (1.46%). Insiders that own company stock include Barry Hytinen, Daniel Borges, Deborah Marson, Deirdre Evens, Edward Baker-Greene, Ernest W Cloutier, Greg W Mcintosh, Jennifer Allerton, John Tomovcsik, Kris Halvorsen, Paul F Deninger, Walter C Rakowich, Wendy J Murdock 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Iron Mountain's stock price today?

One share of IRM stock can currently be purchased for approximately $63.45.

How much money does Iron Mountain make?

Iron Mountain (NYSE:IRM) has a market capitalization of $18.52 billion and generates $5.24 billion in revenue each year. The financial services provider earns $556.98 million in net income (profit) each year or $1.30 on an earnings per share basis.

How many employees does Iron Mountain have?

The company employs 27,600 workers across the globe.

Does Iron Mountain have any subsidiaries?
The following companies are subsidiares of Iron Mountain: AB Archyvu Centras, AB Archyvu Sistemos, AB Archyvu Sistemos Estonia Branch, AS Archivu Serviss, Accutrac Software Inc, ArchivesOne, Archyvu sistemos, Arhiv-Trezor d.o.o., Ausdoc Group Pty Limited, Ausdoc Holdings Pty Limited, Bonded Services (International) B.V., Bonded Services Acquisition Ltd., Bonded Services Group, Bonded Services Group Limited, Bonded Services International Limited, Bonded Services Limited, Box Butler, Britannia Data Management Limited, Capital Vision Holdings SAS, Capital Vision SAS, Connected Corporation, Cornerstone Records Management, Crozier Fine Arts, Crozier Schweiz Ag, Custodia S.O.S. SA, DBJ Limited, DMS Storage s.r.o., DigiGuard, Disaster Recovery Services Limited, Docscan Cape Town Proprietary Limited, Docscan Proprietary Limited, Docu-File JHB Proprietary Limited, DocuTár Iratrendező és Tároló Szolgáltató Kft., DocuVault, Docufile (Pty) Ltd, EAC Invest, Eurospags Investments ApS, EvoSwitch, F.T.S. (Freight Forwarders) Limited, F.T.S. (Great Britain) Limited, F.T.S. (Road Transport) Limited, FTS Bonded Limited, Fairfield Fine Art, File Express Limited, Film Media Services Limited, First International Records Management AG, First International Records Management LLC, Fleet Freight Limited, Fontis International GmbH, Fortrust, G4S Secure Data Solutions Colombia, Glenbeign Records Mangement (GRM) DWC-LLC, Global Logistics Worldwide Limited, Haworth Group Holdings (UK) Limited, Haworth Group Limited, Hays IMS, Helcom Limited, IG2 Data Security, IM Mortgage Solutions LLC, IMI Investments Two Ltd, IMSA Peru SRL, IO.com, Information Storage Consolidation Co, Iron Mountain (Deutschland) Service GmbH, Iron Mountain (España) Services S.L, Iron Mountain (Gibraltar) Holdings Limited, Iron Mountain (Ireland) Services Limited, Iron Mountain (Nederland) Data Centre B.V., Iron Mountain (Nederland) Data Centre Holdings B.V., Iron Mountain (Nederland) Data Centre Services B.V., Iron Mountain (Nederland) Services BV, Iron Mountain (Schweiz) AG, Iron Mountain (UK) Data Centre Limited, Iron Mountain (UK) EES Holdings Limited, Iron Mountain (UK) PLC, Iron Mountain (UK) Services Limited, Iron Mountain A/S, Iron Mountain Acquisition Holdings Pty. Ltd., Iron Mountain Argentina S.A., Iron Mountain Arsivleme Hizmetleri A.S., Iron Mountain Asia Pacific Holdings Ltd, Iron Mountain Asia Pte Limited, Iron Mountain Australia Group Pty. Ltd., Iron Mountain Australia Group Services Pty. Ltd., Iron Mountain Australia Property Holdings Pty Ltd, Iron Mountain Austria Archivierung Gmbh, Iron Mountain BPM SPRL, Iron Mountain Belgium NV, Iron Mountain Bulgaria, Iron Mountain Canada Operations ULC, Iron Mountain Ceska Republika S.R.O., Iron Mountain Chile S.A., Iron Mountain Chile Servicios S.A., Iron Mountain Cloud LLC, Iron Mountain Colombia S.A.S., Iron Mountain Cyprus Limited, Iron Mountain DIMS Limited, Iron Mountain Data Centers LLC, Iron Mountain Data Centers Services LLC, Iron Mountain Data Centre Pte. Limited, Iron Mountain Data Management (Beijing) Co. Ltd., Iron Mountain Data Management (Shanghai) Co. Ltd., Iron Mountain Deutschland GmbH, Iron Mountain Do Brasil Ltda, Iron Mountain Document Holdings Sweden AB, Iron Mountain Document Storage Services LLC, Iron Mountain EES Holdings Ltd., Iron Mountain Enterprises Sdn. Bhd., Iron Mountain Espana SA, Iron Mountain Eswatini (Pty) Ltd, Iron Mountain Europe (Group) Limited, Iron Mountain Europe Ltd., Iron Mountain FZ-LLC, Iron Mountain Finland OY, Iron Mountain France S.A.S., Iron Mountain Fulfillment Services Inc., Iron Mountain Global Holdings Inc., Iron Mountain Global LLC, Iron Mountain Group (Europe) Limited, Iron Mountain Hellas SA, Iron Mountain Holdings (Europe) Limited, Iron Mountain Holdings (France) SNC, Iron Mountain Holdings Sweden AB, Iron Mountain Hong Kong Ltd., Iron Mountain Incorporated, Iron Mountain India Private Ltd, Iron Mountain Information Management LLC, Iron Mountain Information Management Services Canada Inc., Iron Mountain Information Management Services Inc., Iron Mountain Intellectual Property Management Inc., Iron Mountain International (Holdings) Ltd, Iron Mountain International Holdings BV, Iron Mountain Ireland Holdings Limited, Iron Mountain Ireland Limited, Iron Mountain Korea Limited, Iron Mountain Latin America Holdings Sociedad Limitada, Iron Mountain Lesotho (Proprietry) Limited, Iron Mountain Luxembourg Sarl, Iron Mountain Luxembourg Services S.a.r.l., Iron Mountain MDM Limited, Iron Mountain Macau Limited, Iron Mountain Magyarország Kereskedelmi és Szolgáltató Kft., Iron Mountain Management Services GmbH, Iron Mountain Mayflower Limited, Iron Mountain Mexico Holding S. de RL de CV, Iron Mountain Mexico S. de R.L. de C.V., Iron Mountain Mexico Servicios S. de RL de CV, Iron Mountain Mortgage Finance Holdings LLC, Iron Mountain Mortgage Finance I LLC, Iron Mountain Nederland B.V., Iron Mountain Nederland Holdings B.V., Iron Mountain New Zealand Limited, Iron Mountain Norge AS, Iron Mountain Participations SA, Iron Mountain Peru S.A., Iron Mountain Philippines Inc., Iron Mountain Poland Holdings Ltd, Iron Mountain Polska Services Sp z.o.o., Iron Mountain Polska Sp. z.o.o., Iron Mountain Receivables QRS LLC, Iron Mountain Receivables TRS LLC, Iron Mountain Records Management (Puerto Rico) Inc, Iron Mountain Records Management (Shanghai) Co. Ltd., Iron Mountain SRL, Iron Mountain Sdn. Bhd., Iron Mountain Secure Shredding (Pty) Ltd, Iron Mountain Secure Shredding Canada Inc., Iron Mountain Secure Shredding Inc., Iron Mountain Services Private Ltd, Iron Mountain Services S.A.S., Iron Mountain Shanghai Co Ltd, Iron Mountain Singapore Pte. Ltd., Iron Mountain Slovakia s.r.o., Iron Mountain South Africa (Pty) Ltd, Iron Mountain South Africa Holdings (Pty) Ltd, Iron Mountain South Africa Information Management (Pty) Ltd, Iron Mountain South Africa Records Management (Pty) Ltd, Iron Mountain South America Sarl, Iron Mountain Southeast Asia Holdings Limited, Iron Mountain Sweden AB, Iron Mountain Taiwan Ltd., Iron Mountain UK Services (Holdings) Ltd, Iron Mountain US Holdings Inc, Iron Mountain Vietnam Company Limited, Iron Mountain d.o.o. Novi Banovci, Jigsaw Freight Limited, Jigsaw Pieces Limited, Jin Shan Limited, KDM Spectrumdata Pty Ltd, KH Data Capital Development Land LLC, Lane Archives Technologies Corporation, Livevault, Marshgate Morangis Sarl, Mimosa Systems, Nettlebed Acquisition Corp., Novo Group Limited, Novo Holdings Limited, Novo Overseas Limited, NxtGen Data Center & Cloud Services, OEC Records Management Company Private Limited, OSG Records Management (Europe) Limited, OSG Records Management Center LLC, OSG Records Management Centre LLC, OSG Records Management Crypto LLC, OSG Records Management Foreign LLC, OSG Records Management LLC, OSG Records Management LLC (Ukraine), OSG Records Management LLP, OSG Services sp. zoo, Oda International Management Corporation NV, Osrecki d.o.o., PT Iron Mountain Indonesia, Preferred Media Ltd, Prism Integrated Sdn Bhd, Recall, Recall (London) Limited, Recall (Shanghai) Ltd., Recall Europe Finance Ltd., Recall Europe Limited, Recall GQ Ltd, Recall Holdings, Recall Holdings Limited, Recall India Information Management Pvt. Ltd., Recall International Pty Limited, Recall Italy SRL, Recall Limited, Recall Overseas Holdings Pty Limited, Recall Shredding Limited, Recall Technology Pty. Ltd., Recall Total Information Management India Pvt. Ltd., Record Data Limited, Royal Seal S.R.O., SIA RIATech, Saracen Datastore Limited, Shanghai Iron Mountain Data Storage Co. Ltd., Shuttle SRL, Startify, Superior Storage Limited, UAB Confidento, and Xepa Digital.
Read More
How can I contact Iron Mountain?

Iron Mountain's mailing address is ONE FEDERAL STREET, BOSTON MA, 02110. The official website for the company is www.ironmountain.com. The financial services provider can be reached via phone at (617) 535-4766, via email at greer.aviv@ironmountain.com, or via fax at 617-350-7881.

This page (NYSE:IRM) was last updated on 9/21/2023 by MarketBeat.com Staff

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