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S&P 500   3,941.26
DOW   33,596.34
QQQ   281.68
3 Big Box Retail Bets for the Holidays
Military Defense Impacted by Domestic Uranium Shortage? (Ad)
How Long Does it Take to Become a Profitable Trader?
Biden visits Arizona computer chip site, highlights jobs
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
Trump Org. jury seeks clarity as deliberations continue
Biden to visit Arizona computer chip site, highlight jobs
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
US stocks lose ground as markets ponder the Fed's next moves
3 Consumer Cyclical Stocks With Good Momentum
S&P 500   3,941.26
DOW   33,596.34
QQQ   281.68
3 Big Box Retail Bets for the Holidays
Military Defense Impacted by Domestic Uranium Shortage? (Ad)
How Long Does it Take to Become a Profitable Trader?
Biden visits Arizona computer chip site, highlights jobs
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
Trump Org. jury seeks clarity as deliberations continue
Biden to visit Arizona computer chip site, highlight jobs
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
US stocks lose ground as markets ponder the Fed's next moves
3 Consumer Cyclical Stocks With Good Momentum
S&P 500   3,941.26
DOW   33,596.34
QQQ   281.68
3 Big Box Retail Bets for the Holidays
Military Defense Impacted by Domestic Uranium Shortage? (Ad)
How Long Does it Take to Become a Profitable Trader?
Biden visits Arizona computer chip site, highlights jobs
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
Trump Org. jury seeks clarity as deliberations continue
Biden to visit Arizona computer chip site, highlight jobs
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
US stocks lose ground as markets ponder the Fed's next moves
3 Consumer Cyclical Stocks With Good Momentum
NYSE:IRM

Iron Mountain - IRM Stock Forecast, Price & News

$54.67
-0.32 (-0.58%)
(As of 12/6/2022 12:00 AM ET)
Add
Compare
Today's Range
$54.21
$55.19
50-Day Range
$43.81
$55.06
52-Week Range
$41.67
$58.61
Volume
1.25 million shs
Average Volume
1.19 million shs
Market Capitalization
$15.89 billion
P/E Ratio
32.35
Dividend Yield
4.50%
Price Target
$50.00

Iron Mountain MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
8.5% Downside
$50.00 Price Target
Short Interest
Bearish
6.04% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.70
Upright™ Environmental Score
News Sentiment
0.97mentions of Iron Mountain in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$1.20 M Sold Last Quarter
Proj. Earnings Growth
7.30%
From $3.56 to $3.82 Per Share

Overall MarketRank

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

2.31 out of 5 stars

Finance Sector

445th out of 872 stocks

Real Estate Investment Trusts Industry

98th out of 192 stocks

IRM stock logo

About Iron Mountain (NYSE:IRM) Stock

Iron Mountain Incorporated (NYSE: IRM), founded in 1951, is the global leader for storage and information management services. Trusted by more than 225,000 organizations around the world, and with a real estate network of more than 90 million square feet across approximately 1,450 facilities in approximately 50 countries, Iron Mountain stores and protects billions of valued assets, including critical business information, highly sensitive data, and cultural and historical artifacts. Providing solutions that include secure records storage, information management, digital transformation, secure destruction, as well as data centers, cloud services and art storage and logistics, Iron Mountain helps customers lower cost and risk, comply with regulations, recover from disaster, and enable a more digital way of working.

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IRM Stock News Headlines

Iron Mountain (IRM) Shares Climb 22.5% QTD: Here is Why
YIKES! 220 Pounds of Graphite in Each EV Battery?
Most don't know that today's EV batteries contain more graphite than any other essential ingredient... more than lithium, copper or aluminum! The megatrend of electrifying vehicles only adds to graphite demand, expected to skyrocket 1,050% by 2030. Investors have been frustrated in their search for a Made In America solution – until now.
Iron Mountain: Still Far From The Peak
Iron Mountain: Record Quarter, Well-Covered 5% Yield
10 Best Stocks to To Increase Your Dividend Income
YIKES! 220 Pounds of Graphite in Each EV Battery?
Most don't know that today's EV batteries contain more graphite than any other essential ingredient... more than lithium, copper or aluminum! The megatrend of electrifying vehicles only adds to graphite demand, expected to skyrocket 1,050% by 2030. Investors have been frustrated in their search for a Made In America solution – until now.
Recap: Iron Mountain Q3 Earnings
Iron Mountain Inc Q3 Profit Increases, beats estimates
What to expect from Iron Mountain's Q3 earnings?
VICI, O, or IRM: Which Recession-Resistant REIT is Best?
My Top Real Estate Stock to Buy in October
Iron Mountain: Enjoy The Quiet Flow Of Cash
See More Headlines
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IRM Company Calendar

Last Earnings
4/28/2022
Ex-Dividend for 10/4 Dividend
9/14/2022
Dividend Payable
10/04/2022
Today
12/07/2022
Ex-Dividend for 1/5 Dividend
12/14/2022
Fiscal Year End
12/31/2022
Dividend Payable
1/05/2023
Next Earnings (Estimated)
2/23/2023

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Diversified Support Services
Sector
Finance
CUSIP
46284610
Employees
26,750
Year Founded
1951

Price Target and Rating

Average Stock Price Forecast
$50.00
High Stock Price Forecast
$62.00
Low Stock Price Forecast
$20.00
Forecasted Upside/Downside
-8.5%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$450.22 million
Pretax Margin
11.50%

Debt

Sales & Book Value

Annual Sales
$4.49 billion
Cash Flow
$3.90 per share
Book Value
$2.96 per share

Miscellaneous

Free Float
284,609,000
Market Cap
$15.89 billion
Optionable
Optionable
Beta
0.85

Social Links


Key Executives

  • Mr. William L. Meaney BScMr. William L. Meaney BSc (Age 62)
    MEng, MSIA, Pres, CEO & Director
    Comp: $4.42M
  • Mr. Barry A. Hytinen (Age 47)
    Exec. VP & CFO
    Comp: $1.95M
  • Mr. John TomovcsikMr. John Tomovcsik (Age 54)
    Exec. VP & COO
    Comp: $1.44M
  • Ms. Deirdre J. EvensMs. Deirdre J. Evens (Age 58)
    Exec. VP & GM of Asset Lifecycle Management
    Comp: $1.34M
  • Mr. Daniel BorgesMr. Daniel Borges (Age 53)
    Chief Accounting Officer & Sr. VP
  • Ms. Gillian Tiltman
    Sr. VP & Head of Investor Relations
  • Ms. Deborah MarsonMs. Deborah Marson (Age 68)
    Exec. VP, Gen. Counsel & Sec.
  • Mr. Edward E. Greene (Age 59)
    Exec. VP & Chief HR Officer
  • Mr. Garry B. Watzke
    Sr. VP
  • Mr. Theodore MacLean (Age 57)
    Exec. VP & GM of Crozier Fine Arts













IRM Stock - Frequently Asked Questions

Should I buy or sell Iron Mountain stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Iron Mountain in the last year. There are currently 1 sell rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" IRM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IRM, but not buy additional shares or sell existing shares.
View IRM analyst ratings
or view top-rated stocks.

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

3 Wall Street analysts have issued 12 month price targets for Iron Mountain's shares. Their IRM share price forecasts range from $20.00 to $62.00. On average, they expect the company's stock price to reach $50.00 in the next year. This suggests that the stock has a possible downside of 8.5%.
View analysts price targets for IRM
or view top-rated stocks among Wall Street analysts.

How have IRM shares performed in 2022?

Iron Mountain's stock was trading at $52.33 at the beginning of 2022. Since then, IRM stock has increased by 4.5% and is now trading at $54.67.
View the best growth stocks for 2022 here
.

Are investors shorting Iron Mountain?

Iron Mountain saw a decrease in short interest in the month of November. As of November 15th, there was short interest totaling 17,410,000 shares, a decrease of 9.0% from the October 31st total of 19,130,000 shares. Based on an average trading volume of 1,620,000 shares, the days-to-cover ratio is presently 10.7 days. Approximately 6.0% of the shares of the company are short sold.
View Iron Mountain's Short Interest
.

When is Iron Mountain's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our IRM earnings forecast
.

How were Iron Mountain's earnings last quarter?

Iron Mountain Incorporated (NYSE:IRM) released its quarterly earnings results on Thursday, April, 28th. The financial services provider reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.70 by $0.32. The financial services provider earned $1.25 billion during the quarter, compared to the consensus estimate of $1.24 billion. Iron Mountain had a net margin of 9.96% and a trailing twelve-month return on equity of 73.31%. The firm's revenue was up 15.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.81 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, November 3rd. Investors of record on Thursday, December 15th will be paid a dividend of $0.618 per share on Thursday, January 5th. This represents a $2.47 annualized dividend and a yield of 4.52%. The ex-dividend date is Wednesday, December 14th.
Read our dividend analysis for IRM
.

Is Iron Mountain a good dividend stock?

Iron Mountain (NYSE:IRM) pays an annual dividend of $2.47 per share and currently has a dividend yield of 4.49%. IRM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 146.15%. 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 64.32% 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 issued an update on its FY 2022 earnings guidance on Thursday, November, 10th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $5.13 billion-$5.28 billion, compared to the consensus revenue estimate of $5.20 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 a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (16.32%), BlackRock Inc. (7.82%), State Street Corp (4.99%), Dimensional Fund Advisors LP (1.39%), Pictet Asset Management SA (1.39%) and Bank of New York Mellon Corp (1.03%). Insiders that own company stock include Clark H Bailey, Daniel Borges, Deborah Marson, Deirdre Evens, Edward Baker-Greene, Ernest W Cloutier, Greg W Mcintosh, Jennifer Allerton, John Tomovcsik, Kris Halvorsen, Pamela M Arway, Paul F Deninger, Walter C Rakowich 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 $54.67.

How much money does Iron Mountain make?

Iron Mountain (NYSE:IRM) has a market capitalization of $15.89 billion and generates $4.49 billion in revenue each year. The financial services provider earns $450.22 million in net income (profit) each year or $1.69 on an earnings per share basis.

How many employees does Iron Mountain have?

The company employs 26,750 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 12/7/2022 by MarketBeat.com Staff