NYSE:IRM Iron Mountain (IRM) Stock Price, News & Analysis $98.50 +1.60 (+1.65%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$97.14▼$99.1850-Day Range$78.38▼$100.9852-Week Range$56.51▼$101.38Volume1.12 million shsAverage Volume1.60 million shsMarket Capitalization$28.87 billionP/E Ratio149.24Dividend Yield2.64%Price Target$86.17 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Iron Mountain alerts: Email Address Iron Mountain MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside12.5% Downside$86.17 Price TargetShort InterestBearish5.04% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-0.70Upright™ Environmental ScoreNews Sentiment0.66Based on 21 Articles This WeekInsider TradingSelling Shares$8.76 M Sold Last QuarterProj. Earnings Growth6.87%From $4.22 to $4.51 Per ShareSee Full Details Hide Full Details 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.2.89 out of 5 starsFinance Sector499th out of 898 stocksReal Estate Investment Trusts Industry96th out of 181 stocks 1.3 Analyst's Opinion Consensus RatingIron Mountain has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 5 buy ratings, no hold ratings, and 1 sell rating.Amount of Analyst CoverageIron Mountain has only been the subject of 3 research reports in the past 90 days.Read more about Iron Mountain's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.04% of the outstanding shares of Iron Mountain have been sold short.Short Interest Ratio / Days to CoverIron Mountain has a short interest ratio ("days to cover") of 8.3.Change versus previous monthShort interest in Iron Mountain has recently increased by 0.27%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend YieldIron Mountain pays a meaningful dividend of 2.68%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthIron Mountain does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Iron Mountain is 393.95%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Iron Mountain will have a dividend payout ratio of 57.65% next year. This indicates that Iron Mountain will be able to sustain or increase its dividend.Read more about Iron Mountain's dividend. Previous Next 3.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreIron Mountain has received a 32.30% net impact score from Upright. Iron Mountain seems to create the most significant positive value in categories "Taxes", "Jobs", and "Knowledge infrastructure". The positive contribution in the "Knowledge infrastructure" impact category is mostly driven by its "Data center services", "Cloud management tools", and "Data warehouse software" products. See details.Environmental SustainabilityThe Environmental Impact score for Iron Mountain is -0.70. Previous Next 3.7 News and Social Media Coverage News SentimentIron Mountain has a news sentiment score of 0.66. 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 0.49 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 21 news articles for Iron Mountain this week, compared to 8 articles on an average week.Search Interest29 people have searched for IRM on MarketBeat in the last 30 days. This is an increase of 45% compared to the previous 30 days.MarketBeat Follows21 people have added Iron Mountain to their MarketBeat watchlist in the last 30 days. This is an increase of 31% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn 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 $8,759,378.00 in company stock.Percentage Held by InsidersOnly 2.10% of the stock of Iron Mountain is held by insiders.Percentage Held by Institutions80.13% of the stock of Iron Mountain is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Iron Mountain's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Iron Mountain are expected to grow by 6.87% in the coming year, from $4.22 to $4.51 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Iron Mountain is 149.24, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 142.35.Price to Earnings Ratio vs. SectorThe P/E ratio of Iron Mountain is 149.24, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 56.81.Price to Earnings Growth RatioIron Mountain has a PEG Ratio of 5.74. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioIron Mountain has a P/B Ratio of 134.93. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Iron Mountain's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Unstoppable Prosperity“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are by clicking here now. About Iron Mountain Stock (NYSE:IRM)Iron Mountain Incorporated (NYSE: IRM) is a global leader in information management services. Founded in 1951 and trusted by more than 240,000 customers worldwide, Iron Mountain serves to protect and elevate the power of our customers' work. 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.Read More IRM Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart IRM Stock News HeadlinesJuly 18, 2024 | insidertrades.comIron Mountain Incorporated (NYSE:IRM) COO Sells $250,000.00 in StockJuly 18, 2024 | marketbeat.comWatch These 4 Overbought Stocks As Market Rotation Continues (IRM)Recent market rotations and sector-specific outflows have created a ripe environment for potential pullbacks despite the market's 17% YTD gain.July 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 11, 2024 | insidertrades.comWilliam L. Meaney Sells 15,875 Shares of Iron Mountain Incorporated (NYSE:IRM) StockJuly 26 at 6:13 AM | fool.comThis High-Yield Dividend Stock Beat the S&P 500 in the First Half of 2024. Is It Still a Buy?July 25 at 7:14 PM | marketwatch.comIron Mountain Inc. stock remains steady Thursday, still outperforms marketJuly 25 at 1:52 AM | americanbankingnews.comIron Mountain Incorporated (NYSE:IRM) Receives $82.83 Consensus PT from AnalystsJuly 25 at 1:19 AM | americanbankingnews.comIron Mountain (NYSE:IRM) Reaches New 52-Week High Following Analyst UpgradeJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 24 at 4:18 PM | investorplace.com7 Trustworthy Dividend Stocks to Steadily Build Your PortfolioJuly 24 at 4:00 AM | globenewswire.comIron Mountain Consolidates Global Operations with Comprehensive Routing SolutionJuly 23 at 8:16 AM | americanbankingnews.comWells Fargo & Company Boosts Iron Mountain (NYSE:IRM) Price Target to $110.00July 22, 2024 | msn.comIron Mountain announces election of Andre Maciel to boardJuly 22, 2024 | finance.yahoo.comIron Mountain Announces the Election of Andre Maciel to the Board of DirectorsJuly 22, 2024 | businesswire.comIron Mountain Announces the Election of Andre Maciel to the Board of DirectorsJuly 21, 2024 | investorplace.com3 Retirement Stocks to Buy Now: Q3 EditionJuly 19, 2024 | marketwatch.comIron Mountain Inc. stock underperforms Friday when compared to competitors despite daily gainsJuly 19, 2024 | marketwatch.comIron Mountain Inc. stock underperforms Wednesday when compared to competitorsSee More Headlines Receive IRM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Iron Mountain and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/22/2024Ex-Dividend for 7/5 Dividend6/17/2024Dividend Payable7/05/2024Today7/26/2024Next Earnings (Confirmed)8/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryDiversified Support Services Current SymbolNYSE:IRM CUSIP46284610 CIK1020569 Webwww.ironmountain.com Phone(617) 535-4766Fax617-350-7881Employees27,000Year Founded1951Price Target and Rating Average Stock Price Target$86.17 High Stock Price Target$110.00 Low Stock Price Target$44.00 Potential Upside/Downside-12.5%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$0.66 Trailing P/E Ratio149.24 Forward P/E Ratio23.34 P/E Growth5.74Net Income$184.23 million Net Margins5.45% Pretax Margin4.23% Return on Equity282.93% Return on Assets3.74% Debt Debt-to-Equity Ratio674.63 Current Ratio0.86 Quick Ratio0.86 Sales & Book Value Annual Sales$5.48 billion Price / Sales5.27 Cash Flow$4.62 per share Price / Cash Flow21.32 Book Value$0.73 per share Price / Book134.93Miscellaneous Outstanding Shares293,130,000Free Float286,977,000Market Cap$28.87 billion OptionableOptionable Beta0.98 Social Links Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. William L. Meaney BSc (Age 64)MEng, MSIA, President, CEO & Director Comp: $3.69MMr. Barry A. Hytinen (Age 49)Executive VP & CFO Comp: $1.75MMr. John Tomovcsik (Age 56)Executive VP & COO Comp: $1.23MMr. Mark Kidd (Age 43)Executive VP and GM of Iron Mountain Data Centers & Asset Lifecycle Management Comp: $1.69MMr. Greg W. McIntosh CA (Age 51)Executive VP, Chief Commercial Officer and GM of Global Records & Information Management Comp: $1.21MMr. Daniel Borges (Age 55)Chief Accounting Officer & Senior VP Ms. Gillian TiltmanSenior VP & Head of Investor RelationsMs. Deborah Marson (Age 70)Executive VP, General Counsel & Secretary Mr. Edward E. Greene (Age 61)Executive VP & Chief Human Resources Officer Mr. Garry B. WatzkeSenior Vice PresidentMore ExecutivesKey CompetitorsCintasNASDAQ:CTASCopartNASDAQ:CPRTUniFirstNYSE:UNFMcGrath RentCorpNASDAQ:MGRCOPENLANENYSE:KARView All CompetitorsInsiders & InstitutionsState of Michigan Retirement SystemBought 200 shares on 7/26/2024Ownership: 0.027%Catalyst Capital Advisors LLCSold 125 shares on 7/26/2024Ownership: 0.016%Checchi Capital Advisers LLCSold 249 shares on 7/26/2024Ownership: 0.003%Aspen Investment Management IncBought 150 shares on 7/26/2024Ownership: 0.001%Eagle Bay Advisors LLCSold 544 shares on 7/26/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions Should I Buy Iron Mountain Stock? IRM Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Iron Mountain Incorporated: Iron Mountain's stock price has been trading steadily higher, reaching $87.75 on the latest trading day, showing positive momentum. Iron Mountain has a market capitalization of $26.26 billion, indicating a strong presence in the market. The company offers a quarterly dividend of $0.65 per share, providing investors with a steady income stream. Iron Mountain is a global leader in information management services, showcasing stability and expertise in its industry. Several large institutional investors have recently increased their stakes in Iron Mountain, reflecting confidence in the company's future prospects. Cons Investors should be bearish about investing in Iron Mountain Incorporated for these reasons: Iron Mountain's debt-to-equity ratio is extremely high at 674.63, indicating a significant level of debt compared to equity, which may pose financial risks. The company's price-to-earnings ratio is 135.76, suggesting the stock may be overvalued based on its earnings performance. Iron Mountain's P/E/G ratio of 5.24 indicates a high valuation relative to its expected growth rate, potentially limiting upside potential for investors. The business's quick ratio and current ratio of 0.86 each raise concerns about the company's short-term liquidity and ability to cover immediate financial obligations. Iron Mountain's beta of 0.95 implies the stock's price is less volatile than the market, which may limit potential returns for investors seeking higher risk-reward opportunities. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, July 5, 2024. Please send any questions or comments about these Iron Mountain pros and cons to contact@marketbeat.com. IRM Stock Analysis - Frequently Asked Questions How have IRM shares performed this year? Iron Mountain's stock was trading at $69.98 at the beginning of 2024. Since then, IRM stock has increased by 40.8% and is now trading at $98.50. View the best growth stocks for 2024 here. How were Iron Mountain's earnings last quarter? Iron Mountain Incorporated (NYSE:IRM) announced its quarterly earnings data on Thursday, February, 22nd. The financial services provider reported $0.52 earnings per share for the quarter, missing the consensus estimate of $1.00 by $0.48. The firm's revenue was up 11.0% on a year-over-year basis. Read the conference call transcript. 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. Does Iron Mountain have any subsidiaries? The following companies are subsidiaries of Iron Mountain: 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 investors of Iron Mountain include Bank of New York Mellon Corp (0.73%), Sumitomo Mitsui Trust Holdings Inc. (0.31%), Border to Coast Pensions Partnership Ltd (0.19%) and Raymond James & Associates (0.12%). Insiders that own company stock include William L Meaney, Barry Hytinen, Deborah Marson, Mark Kidd, Walter C Rakowich, Robin Matlock, Wendy J Murdock, Greg W Mcintosh, John Tomovcsik, Jennifer Allerton, Edward Baker-Greene, Deirdre Evens and Daniel Borges. 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. Compare Top Brokerages Here. 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 Home Depot (HD), AT&T (T), StoneMor (STON), AbbVie (ABBV), Enterprise Products Partners (EPD), Kinder Morgan (KMI) and Verizon Communications (VZ). This page (NYSE:IRM) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. 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