Iron Mountain Incorporated Company Profile (NYSE:IRM)

About Iron Mountain Incorporated (NYSE:IRM)

Iron Mountain Incorporated logoIron Mountain Incorporated (Iron Mountain) is engaged in storing records, primarily paper documents and data backup media, and provide information management services. The Company offers records management services, data protection and recovery services and information destruction services. Its information management services are divided into three categories: records management services, data protection and recovery services, and information destruction services. The Company's records management services include flexible retrieval access, retention management and records management program development and implementation based on practices to help customers comply with specific regulatory requirements and policy-based programs. It provides data protection and recovery services for both physical and electronic records. The Company's information destruction services consist primarily of physical secure shredding operations.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Business Software & Services
  • Sub-Industry: Diversified Support Services
  • Symbol: NYSE:IRM
  • CUSIP: 46284610
  • Web:
  • Market Cap: $10.5 billion
  • Outstanding Shares: 264,391,000
Average Prices:
  • 50 Day Moving Avg: $38.47
  • 200 Day Moving Avg: $35.80
  • 52 Week Range: $30.75 - $40.44
  • Trailing P/E Ratio: 54.49
  • Foreward P/E Ratio: 28.37
  • P/E Growth: 1.04
Sales & Book Value:
  • Annual Revenue: $3.77 billion
  • Price / Sales: 2.79
  • Book Value: $7.02 per share
  • Price / Book: 5.66
  • Annual Dividend: $2.20
  • Dividend Yield: 5.6%
  • EBIDTA: $1.21 billion
  • Net Margins: 5.14%
  • Return on Equity: 14.46%
  • Return on Assets: 2.92%
  • Debt-to-Equity Ratio: 3.25%
  • Current Ratio: 0.82%
  • Quick Ratio: 0.82%
  • Average Volume: 1.13 million shs.
  • Beta: 0.92
  • Short Ratio: 15.25

Frequently Asked Questions for Iron Mountain Incorporated (NYSE:IRM)

What is Iron Mountain Incorporated's stock symbol?

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

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

Iron Mountain Incorporated declared a quarterly dividend on Thursday, July 27th. Shareholders of record on Friday, September 15th will be paid a dividend of $0.55 per share on Monday, October 2nd. This represents a $2.20 annualized dividend and a yield of 5.54%. The ex-dividend date of this dividend is Thursday, September 14th. View Iron Mountain Incorporated's Dividend History.

How were Iron Mountain Incorporated's earnings last quarter?

Iron Mountain Incorporated (NYSE:IRM) announced its earnings results on Friday, July, 28th. The company reported $0.55 EPS for the quarter, beating analysts' consensus estimates of $0.52 by $0.03. The business had revenue of $950 million for the quarter, compared to the consensus estimate of $955.05 million. Iron Mountain Incorporated had a net margin of 5.14% and a return on equity of 14.46%. The company's quarterly revenue was up 7.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.24 EPS. View Iron Mountain Incorporated's Earnings History.

When will Iron Mountain Incorporated make its next earnings announcement?

Iron Mountain Incorporated is scheduled to release their next quarterly earnings announcement on Tuesday, November, 7th 2017. View Earnings Estimates for Iron Mountain Incorporated.

Where is Iron Mountain Incorporated's stock going? Where will Iron Mountain Incorporated's stock price be in 2017?

3 brokers have issued 12-month price targets for Iron Mountain Incorporated's shares. Their predictions range from $30.00 to $40.00. On average, they expect Iron Mountain Incorporated's stock price to reach $36.33 in the next twelve months. View Analyst Ratings for Iron Mountain Incorporated.

Who are some of Iron Mountain Incorporated's key competitors?

Who owns Iron Mountain Incorporated stock?

Iron Mountain Incorporated's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (16.41%), Capital World Investors (12.21%), BlackRock Inc. (7.16%), Capital International Investors (4.72%), State Street Corp (3.89%) and Epoch Investment Partners Inc. (2.35%). Company insiders that own Iron Mountain Incorporated stock include Anastasios Tsolakis, Clark H Bailey, Edward Bicks, Eileen Sweeney, Ernest W Cloutier, John Tomovcsik, Kris Halvorsen, Marc A Duale, Neil Chatfield, Patrick J Keddy, Walter C Rakowich and William L Meaney. View Institutional Ownership Trends for Iron Mountain Incorporated.

Who sold Iron Mountain Incorporated stock? Who is selling Iron Mountain Incorporated stock?

Iron Mountain Incorporated's stock was sold by a variety of institutional investors in the last quarter, including Capital Guardian Trust Co., Comerica Bank, Canada Pension Plan Investment Board, State Street Corp, Great West Life Assurance Co. Can, BNP Paribas Arbitrage SA, WINTON GROUP Ltd and Pictet Asset Management Ltd.. Company insiders that have sold Iron Mountain Incorporated stock in the last year include Anastasios Tsolakis, Edward Bicks, Eileen Sweeney, John Tomovcsik, Kris Halvorsen, Neil Chatfield, Walter C Rakowich and William L Meaney. View Insider Buying and Selling for Iron Mountain Incorporated.

Who bought Iron Mountain Incorporated stock? Who is buying Iron Mountain Incorporated stock?

Iron Mountain Incorporated's stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Janus Henderson Group PLC, Koch Industries Inc., AXA, Makaira Partners LLC, Teachers Advisors LLC, Stifel Financial Corp and Cbre Clarion Securities LLC. View Insider Buying and Selling for Iron Mountain Incorporated.

How do I buy Iron Mountain Incorporated stock?

Shares of Iron Mountain Incorporated can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Iron Mountain Incorporated's stock price today?

One share of Iron Mountain Incorporated stock can currently be purchased for approximately $39.72.

MarketBeat Community Rating for Iron Mountain Incorporated (NYSE IRM)
Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  187 (Vote Outperform)
Underperform Votes:  178 (Vote Underperform)
Total Votes:  365
MarketBeat's community ratings are surveys of what our community members think about Iron Mountain Incorporated and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Iron Mountain Incorporated (NYSE:IRM) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 1 Hold Rating, 1 Buy Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $36.33 (8.53% downside)

Analysts' Ratings History for Iron Mountain Incorporated (NYSE:IRM)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/3/2017Stifel NicolausReiterated RatingBuy$40.00LowView Rating Details
8/25/2017Robert W. BairdSet Price TargetHold$39.00HighView Rating Details
6/7/2017Deutsche Bank AGDowngradeHold -> Sell$41.00 -> $30.00HighView Rating Details
8/5/2016J P Morgan Chase & CoBoost Price TargetOverweight$42.00 -> $48.00N/AView Rating Details
6/17/2016Piper Jaffray CompaniesReiterated RatingBuy$44.00N/AView Rating Details
12/8/2015Mitsubishi UFJ Financial Group IncReiterated RatingNeutralN/AView Rating Details
10/9/2015Jefferies Group LLCLower Price TargetUnderperform$29.00 -> $27.00N/AView Rating Details
(Data available from 9/20/2015 forward)


Earnings History for Iron Mountain Incorporated (NYSE:IRM)
Earnings by Quarter for Iron Mountain Incorporated (NYSE:IRM)
Earnings History by Quarter for Iron Mountain Incorporated (NYSE IRM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/28/2017Q2 2017$0.52$0.55$955.05 million$950.00 millionViewN/AView Earnings Details
4/27/2017Q1 17$0.51$0.48$928.62 million$939.00 millionViewN/AView Earnings Details
2/23/2017Q416$0.27$0.26$938.23 million$934.00 millionViewN/AView Earnings Details
11/1/2016Q316$0.58$0.44$933.49 million$943.00 millionViewN/AView Earnings Details
8/4/2016Q216$0.52$0.47$884.46 million$883.70 millionViewN/AView Earnings Details
4/28/2016Q116$0.48$0.51$756.85 million$749.30 millionViewListenView Earnings Details
2/25/2016Q415$0.56$0.57$767.86 million$752.40 millionViewListenView Earnings Details
10/30/2015Q315$0.49$0.55$772.17 million$782.70 millionViewListenView Earnings Details
7/30/2015Q215$0.54$0.48$778.32 million$70.00 millionViewListenView Earnings Details
4/28/2015Q115$0.29$0.32$766.73 million$749.00 millionViewN/AView Earnings Details
2/20/2015Q414$0.31$0.25$786.50 million$778.00 millionViewN/AView Earnings Details
10/30/2014Q314$0.39$0.35$780.24 million$782.70 millionViewN/AView Earnings Details
7/31/2014Q214$0.39$0.41$774.24 million$787.00 millionViewN/AView Earnings Details
5/1/2014Q114$0.26$0.26$768.70 million$770.00 millionViewN/AView Earnings Details
2/28/2014Q413$0.30$0.20$756.56 million$769.00 millionViewN/AView Earnings Details
10/31/2013Q313$0.30$0.31$757.17 million$756.00 millionViewListenView Earnings Details
8/1/2013Q2 2013$0.31$0.29$763.42 million$755.00 millionViewListenView Earnings Details
5/1/2013Q1 2013$0.27$0.27$761.65 million$747.00 millionViewListenView Earnings Details
2/28/2013Q4 2012$0.25$0.20$751.04 million$758.00 millionViewListenView Earnings Details
10/31/2012Q312$0.35$0.34$763.12 million$748.00 millionViewN/AView Earnings Details
7/26/2012$0.31$0.35ViewN/AView Earnings Details
4/26/2012$0.29$0.35ViewN/AView Earnings Details
2/23/2012$0.29$0.33ViewN/AView Earnings Details
10/27/2011$0.32$0.37ViewN/AView Earnings Details
7/28/2011$0.29$0.32ViewN/AView Earnings Details
4/28/2011$0.27$0.26ViewN/AView Earnings Details
2/24/2011$0.30$0.30ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Iron Mountain Incorporated (NYSE:IRM)
2017 EPS Consensus Estimate: $2.17
2018 EPS Consensus Estimate: $2.41
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.52$0.52$0.52
Q2 20171$0.53$0.53$0.53
Q3 20171$0.55$0.55$0.55
Q4 20171$0.57$0.57$0.57
Q1 20181$0.58$0.58$0.58
Q2 20181$0.60$0.60$0.60
Q3 20181$0.61$0.61$0.61
Q4 20181$0.62$0.62$0.62
(Data provided by Zacks Investment Research)


Current Dividend Information for Iron Mountain Incorporated (NYSE:IRM)
Next Dividend:10/2/2017
Annual Dividend:$2.20
Dividend Yield:5.54%
Dividend Growth:22.90% (3 Year Average)
Payout Ratio:297.30% (Trailing 12 Months of Earnings)
186.44% (Based on This Year's Estimates)
157.14% (Based on Next Year's Estimates)
Track Record:7 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Iron Mountain Incorporated (NYSE:IRM)

Dividend History by Quarter for Iron Mountain Incorporated (NYSE IRM)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Iron Mountain Incorporated (NYSE:IRM)
Insider Ownership Percentage: 1.50%
Institutional Ownership Percentage: 87.46%
Insider Trades by Quarter for Iron Mountain Incorporated (NYSE:IRM)
Institutional Ownership by Quarter for Iron Mountain Incorporated (NYSE:IRM)
Insider Trades by Quarter for Iron Mountain Incorporated (NYSE:IRM)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/8/2017John TomovcsikEVPSell21,037$40.02$841,900.74View SEC Filing  
8/30/2017Edward BicksSVPSell401$39.50$15,839.50View SEC Filing  
8/9/2017John TomovcsikEVPSell29,450$38.00$1,119,100.00View SEC Filing  
6/5/2017Eileen SweeneySVPSell2,100$35.14$73,794.00View SEC Filing  
5/30/2017Walter C RakowichDirectorSell1,552$35.15$54,552.80View SEC Filing  
2/22/2017Anastasios TsolakisEVPSell2,442$37.63$91,892.46View SEC Filing  
2/22/2017William L MeaneyInsiderSell11,305$37.63$425,407.15View SEC Filing  
2/14/2017Anastasios TsolakisEVPSell1,482$37.50$55,575.00View SEC Filing  
2/14/2017William L MeaneyCEOSell6,203$37.50$232,612.50View SEC Filing  
1/10/2017William L MeaneyCEOSell5,664$32.82$185,892.48View SEC Filing  
12/2/2016Neil ChatfieldDirectorSell954$32.74$31,233.96View SEC Filing  
10/31/2016Eileen SweeneyVPSell4,083$33.00$134,739.00View SEC Filing  
10/17/2016Kris HalvorsenDirectorSell2,871$34.41$98,791.11View SEC Filing  
9/12/2016Edward BicksVPSell2,773$36.32$100,715.36View SEC Filing  
9/12/2016Walter C RakowichDirectorSell1,466$36.32$53,245.12View SEC Filing  
7/5/2016Edward BicksVPSell1,459$40.25$58,724.75View SEC Filing  
7/1/2016Ernest W CloutierEVPSell134,462$39.93$5,369,067.66View SEC Filing  
6/20/2016Marc A DualeInsiderSell29,102$38.25$1,113,151.50View SEC Filing  
6/13/2016Anastasios TsolakisEVPSell35,248$38.01$1,339,776.48View SEC Filing  
6/10/2016Patrick J KeddyVPSell42,843$37.13$1,590,760.59View SEC Filing  
6/1/2016Edward BicksVPSell2,367$36.66$86,774.22View SEC Filing  
5/31/2016Ernest W CloutierEVPSell63,536$36.58$2,324,146.88View SEC Filing  
5/31/2016William L MeaneyCEOSell315,178$36.54$11,516,604.12View SEC Filing  
5/2/2016Clark H BaileyDirectorSell9,772$37.07$362,248.04View SEC Filing  
4/18/2016Marc A DualeInsiderSell43,802$35.01$1,533,508.02View SEC Filing  
2/22/2016Eileen SweeneyVPSell1,232$29.26$36,048.32View SEC Filing  
1/14/2016Eileen SweeneyVPSell5,103$25.05$127,830.15View SEC Filing  
3/10/2015Anne S DrapeauEVPSell5,090$36.29$184,716.10View SEC Filing  
2/17/2015Anne S DrapeauEVPSell769$39.20$30,144.80View SEC Filing  
9/29/2014Vincent J RyanDirectorSell600,000$33.65$20,190,000.00View SEC Filing  
9/8/2014Anastasios TsolakisEVPSell27,826$36.11$1,004,796.86View SEC Filing  
9/5/2014Paul F DeningerDirectorBuy14,000$35.92$502,880.00View SEC Filing  
8/7/2014Clark H BaileyDirectorSell24,000$33.42$802,080.00View SEC Filing  
6/7/2013Arthur D LittleDirectorBuy1,800$29.01$52,218.00View SEC Filing  
6/7/2013Brian P MckeonCFOBuy3,600$28.61$102,996.00View SEC Filing  
6/7/2013William L MeaneyCEOBuy12,000$29.00$348,000.00View SEC Filing  
2/25/2013Vincent J RyanDirectorSell96,696$34.69$3,354,384.24View SEC Filing  
8/20/2012Alfred J VerrecchiaDirectorBuy2,500$33.30$83,250.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Iron Mountain Incorporated (NYSE:IRM)
Latest Headlines for Iron Mountain Incorporated (NYSE:IRM)
DateHeadline logoIron Mountain Incorporated (IRM) Given Consensus Recommendation of "Hold" by Analysts - September 20 at 12:30 PM logoIron Mountain (IRM) Presents At J.P. Morgan 8th Annual U.S. 'All Stars' Conference - Slideshow - September 19 at 8:03 PM logo$962.40 Million in Sales Expected for Iron Mountain Incorporated (IRM) This Quarter - September 19 at 7:38 AM logoIron Mountain to Participate in J.P. Morgan 8th Annual U.S. All Stars Conference - September 18 at 7:26 PM logo3 Dividend Stocks Perfect for Retirement - September 18 at 2:08 PM logo Analysts Expect Iron Mountain Incorporated (IRM) Will Announce Earnings of $0.56 Per Share - September 17 at 10:14 AM logoIron Mountain Enters Largest, Fastest Growing Data Center Market in the U.S. - September 16 at 2:18 AM logoIron Mountain Incorporated (IRM) Ex-Dividend Date Scheduled for September 14, 2017 - Nasdaq - September 15 at 2:13 AM logoIron Mountain Expands Partnership with Virtustream - September 15 at 2:13 AM logoInsider Selling: Iron Mountain Incorporated (Delaware) REIT (IRM) EVP Sells 21,037 Shares of Stock - September 12 at 7:34 PM logoIron Mountain Launches Iron Cloud for Enterprise Data Management - September 12 at 4:47 PM logoIron Mountain Shows Rising Price Performance With Jump To 81 RS Rating - September 9 at 12:23 AM logoIron Mountain Incorporated Announces Debt Offering - PR Newswire (press release) - September 8 at 1:28 AM logoIron Mountain Announces Conditional Redemption of All of Its 6.000% Senior Notes due 2020 - September 6 at 7:54 PM logoIron Mountain Incorporated (IRM) Given Buy Rating at Stifel Nicolaus - September 3 at 6:36 AM logoHead to Head Survey: Iron Mountain (IRM) and IDI (COGT) - September 3 at 4:02 AM logoIron Mountain Incorporated (IRM) SVP Edward Bicks Sells 401 Shares - September 1 at 8:50 PM logoHead to Head Contrast: IDI (COGT) & Iron Mountain (IRM) - August 31 at 10:31 PM logoIron Mountain (IRM) Up 12.4% Since Earnings Report: Can It Continue? - August 31 at 8:00 PM logoStocks Generating Improved Relative Strength: Iron Mountain - August 30 at 2:41 AM logoIron Mountain Opens New Customer Welcome Center at Pennsylvania Underground Campus - August 30 at 2:41 AM logoIron Mountain Incorporated (IRM) Lifted to "Strong-Buy" at BidaskClub - August 26 at 4:22 PM logoIron Mountain Incorporated (IRM) Receives Consensus Recommendation of "Hold" from Analysts - August 26 at 2:32 PM logoRobert W. Baird Analysts Give Iron Mountain Incorporated (IRM) a $39.00 Price Target - August 26 at 1:10 PM logoIDI (COGT) & Iron Mountain (IRM) Critical Survey - August 25 at 2:10 AM logoIron Mountain Publishes Sixth Edition of Industry-Authored Guide for Law Firm Information Governance - August 24 at 8:05 AM logoIron Mountain Incorporated Amends and Restates Existing $1.75 Billion Revolving Credit Facility and $250 Million Term Loan A - August 22 at 5:14 AM logoIDI (COGT) versus Iron Mountain (NYSE:IRM) Head to Head Comparison - August 13 at 10:40 AM logoIron Mountain Incorporated (IRM) EVP John Tomovcsik Sells 29,450 Shares - August 11 at 7:26 PM logoHead-To-Head Comparison: Iron Mountain (IRM) vs. IDI (COGT) - August 8 at 8:30 AM logoIron Mountain Opens New Easton Records Management Facility - August 7 at 7:24 PM logoIron Mountain Incorporated (IRM) Stock Rating Upgraded by BidaskClub - August 4 at 11:16 PM logoIron Mountain to Call 6.125% CAD Senior Notes for Redemption - Business Wire (press release) - August 4 at 8:14 PM logoIron Mountain to Call 6.125% CAD Senior Notes for Redemption - August 4 at 8:14 PM logoIron Mountain Acquires Data Centre Operator Fortrust Data Centre Business for USD 128m - August 2 at 11:56 PM logoWhy Iron Mountain Is a Dividend Investor’s Dream - August 2 at 7:52 AM logoIron Mountain Incorporated (IRM) Lifted to "Hold" at Zacks Investment Research - August 1 at 2:12 PM logoWall Street's M&A Chatter From July 28-30: Calpine, Sprint-Charter-Softbank, Iron Mountain-MAG Datacenters - Benzinga - August 1 at 12:23 AM logoWall Street's M&A Chatter From July 28-30: Calpine, Sprint-Charter-Softbank, Iron Mountain-MAG Datacenters - July 31 at 7:34 AM logoIron Mountain Incorporated (NYSE:IRM) Issues Quarterly Earnings Results - July 29 at 11:38 PM logoIron Mountain Incorporated (IRM) Downgraded to "Hold" at BidaskClub - July 29 at 3:35 PM logoIron Mountain Incorporated (NYSE:IRM) Receives Consensus Rating of "Hold" from Brokerages - July 29 at 7:51 AM logoIron Mountain To Acquire Private Data Center Business Fortrust - Quick Facts - July 29 at 4:35 AM logoIron Mountain (IRM) Q2 2017 Results - Earnings Call Transcript - July 29 at 4:35 AM logoIron Mountain (IRM) to Acquire MAG DATACENTERS for $128M - - July 28 at 11:32 PM logoIron Mountain to Acquire Denver Data Center Business for Approximately $130 Million; Transaction Expands Footprint into Western U.S. Data Center Market and Supports Company’s Strategic Plan - July 28 at 11:32 PM logoIron Mountain Reports Second Quarter 2017 Results - July 28 at 11:32 PM logoInvestor Network: Iron Mountain Inc. to Host Earnings Call - July 28 at 11:32 PM logoIron Mountain (IRM) Beats on Q2 Earnings, Misses Revenues - July 28 at 11:32 PM logoIron Mountain (IRM) Q2 FFO Tops Estimates, Revenues Lag - July 28 at 11:32 PM



Iron Mountain Incorporated (IRM) Chart for Wednesday, September, 20, 2017

This page was last updated on 9/20/2017 by Staff