QQQ   347.99 (-0.57%)
AAPL   177.25 (-0.03%)
MSFT   328.39 (-0.85%)
META   264.72 (+0.84%)
GOOGL   122.87 (-0.65%)
AMZN   120.58 (-0.89%)
TSLA   203.93 (+1.38%)
NVDA   378.34 (-5.68%)
NIO   7.53 (+1.62%)
BABA   79.55 (+1.12%)
AMD   118.21 (-5.64%)
T   15.73 (+0.58%)
F   12.00 (-4.69%)
MU   68.20 (-4.87%)
CGC   0.84 (-1.80%)
GE   101.53 (-0.85%)
DIS   87.96 (+0.16%)
AMC   4.50 (-2.81%)
PFE   38.02 (+2.73%)
PYPL   61.99 (-0.10%)
NFLX   395.23 (+0.57%)
QQQ   347.99 (-0.57%)
AAPL   177.25 (-0.03%)
MSFT   328.39 (-0.85%)
META   264.72 (+0.84%)
GOOGL   122.87 (-0.65%)
AMZN   120.58 (-0.89%)
TSLA   203.93 (+1.38%)
NVDA   378.34 (-5.68%)
NIO   7.53 (+1.62%)
BABA   79.55 (+1.12%)
AMD   118.21 (-5.64%)
T   15.73 (+0.58%)
F   12.00 (-4.69%)
MU   68.20 (-4.87%)
CGC   0.84 (-1.80%)
GE   101.53 (-0.85%)
DIS   87.96 (+0.16%)
AMC   4.50 (-2.81%)
PFE   38.02 (+2.73%)
PYPL   61.99 (-0.10%)
NFLX   395.23 (+0.57%)
QQQ   347.99 (-0.57%)
AAPL   177.25 (-0.03%)
MSFT   328.39 (-0.85%)
META   264.72 (+0.84%)
GOOGL   122.87 (-0.65%)
AMZN   120.58 (-0.89%)
TSLA   203.93 (+1.38%)
NVDA   378.34 (-5.68%)
NIO   7.53 (+1.62%)
BABA   79.55 (+1.12%)
AMD   118.21 (-5.64%)
T   15.73 (+0.58%)
F   12.00 (-4.69%)
MU   68.20 (-4.87%)
CGC   0.84 (-1.80%)
GE   101.53 (-0.85%)
DIS   87.96 (+0.16%)
AMC   4.50 (-2.81%)
PFE   38.02 (+2.73%)
PYPL   61.99 (-0.10%)
NFLX   395.23 (+0.57%)
QQQ   347.99 (-0.57%)
AAPL   177.25 (-0.03%)
MSFT   328.39 (-0.85%)
META   264.72 (+0.84%)
GOOGL   122.87 (-0.65%)
AMZN   120.58 (-0.89%)
TSLA   203.93 (+1.38%)
NVDA   378.34 (-5.68%)
NIO   7.53 (+1.62%)
BABA   79.55 (+1.12%)
AMD   118.21 (-5.64%)
T   15.73 (+0.58%)
F   12.00 (-4.69%)
MU   68.20 (-4.87%)
CGC   0.84 (-1.80%)
GE   101.53 (-0.85%)
DIS   87.96 (+0.16%)
AMC   4.50 (-2.81%)
PFE   38.02 (+2.73%)
PYPL   61.99 (-0.10%)
NFLX   395.23 (+0.57%)
NYSE:IRM

Iron Mountain (IRM) Stock Forecast, Price & News

$53.42
+0.02 (+0.04%)
(As of 05:17 PM ET)
Compare
Today's Range
$52.81
$53.67
50-Day Range
$49.54
$56.39
52-Week Range
$43.33
$57.21
Volume
8.90 million shs
Average Volume
1.44 million shs
Market Capitalization
$15.58 billion
P/E Ratio
26.98
Dividend Yield
4.62%
Price Target
$62.00

Iron Mountain MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
16.1% Upside
$62.00 Price Target
Short Interest
Bearish
4.33% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.70
Upright™ Environmental Score
News Sentiment
0.36mentions of Iron Mountain in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$3.06 M Sold Last Quarter
Proj. Earnings Growth
7.69%
From $3.77 to $4.06 Per Share

Overall MarketRank

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

2.47 out of 5 stars

Finance Sector

456th out of 901 stocks

Real Estate Investment Trusts Industry

82nd out of 190 stocks


IRM stock logo

About Iron Mountain (NYSE:IRM) Stock

Iron Mountain, Inc. engages in the provision of storage and information management solutions. It operates through the following business segments: North American Records & Information Management Business, North American Data Management Business, Western European Business, Other International Business, Global Data Center Business and Corporate & Other Business. The North American Records & Information Management Business segment offers record management, destruction, and fulfillment services throughout the U.S. and Canada. The North American Data Management Business segment handles data protection and recovery, server and computer backup services, and safeguarding of electronic and physical media in the U.S. and Canada. The Western European Business segment offers records management, data protection and recovery services, and document management solutions throughout the United Kingdom, Ireland, Austria, Belgium, France, Germany, Netherlands, Spain, and Switzerland. The Other International Business segment offers storage and information management services throughout the remaining European countries, Latin America, the Middle East and Africa. The Global Data Center Business segment p

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.

IRM Stock News Headlines

66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
Iron Mountain (NYSE:IRM) Cut to Sell at StockNews.com
Iron Mountain (NYSE:IRM) Upgraded to Hold at StockNews.com
The 4th Military Revolution is Happening
. There have been 3 military revolutions in the past 100 years. The first was when the tank was invented in 1915. The second was the nuclear bomb in 1945. The third was the "smart bomb" in 1991. Amid the turmoil, there will be many losers. Click here to see how to win instead >>>
Iron Mountain (NYSE:IRM) Lowered to Sell at StockNews.com
Iron Mountain (IRM) Receives a Buy from Goldman Sachs
Q1 2023 Iron Mountain Inc Earnings Call
See 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.

IRM Company Calendar

Last Earnings
2/23/2023
Ex-Dividend for 4/5 Dividend
3/14/2023
Dividend Payable
4/05/2023
Today
5/31/2023
Ex-Dividend for 7/6 Dividend
6/14/2023
Dividend Payable
7/06/2023
Next Earnings (Estimated)
8/03/2023
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
$62.00
High Stock Price Forecast
$66.00
Low Stock Price Forecast
$58.00
Forecasted Upside/Downside
+16.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$556.98 million
Pretax Margin
12.81%

Debt

Sales & Book Value

Annual Sales
$5.10 billion
Cash Flow
$4.36 per share
Book Value
$1.87 per share

Miscellaneous

Free Float
285,207,000
Market Cap
$15.57 billion
Optionable
Optionable
Beta
0.91

Social Links


Key Executives

  • William Leo MeaneyWilliam Leo Meaney
    President, Chief Executive Officer & Director
  • John TomovcsikJohn Tomovcsik
    Chief Operations Officer & EVP
  • Barry A. Hytinen
    Chief Financial Officer & Executive Vice President
  • Deborah MarsonDeborah Marson
    Secretary, Executive VP & General Counsel
  • Theodore Maclean
    EVP & GM-Adjacent Businesses













IRM Stock - Frequently Asked Questions

Should I buy or sell Iron Mountain stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Iron Mountain in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street 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 equities research analysts have issued twelve-month price targets for Iron Mountain's shares. Their IRM share price forecasts range from $58.00 to $66.00. On average, they anticipate the company's share price to reach $62.00 in the next year. This suggests a possible upside of 16.1% 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 at the beginning of 2023. Since then, IRM shares have increased by 7.1% and is now trading at $53.40.
View the best growth stocks for 2023 here
.

Are investors shorting Iron Mountain?

Iron Mountain saw a drop in short interest in April. As of April 30th, there was short interest totaling 12,620,000 shares, a drop of 9.1% from the April 15th total of 13,890,000 shares. Based on an average trading volume of 1,340,000 shares, the days-to-cover ratio is presently 9.4 days.
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, August 3rd 2023.
View our IRM earnings forecast
.

How were Iron Mountain's earnings last quarter?

Iron Mountain Incorporated (NYSE:IRM) issued its quarterly earnings data on Thursday, February, 23rd. The financial services provider reported $0.43 earnings per share for the quarter, missing analysts' consensus estimates of $0.89 by $0.46. The financial services provider had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.32 billion. Iron Mountain had a trailing twelve-month return on equity of 88.48% and a net margin of 11.20%. The firm's revenue was up 10.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.74 EPS.
Read the conference call transcript
.

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

Iron Mountain announced a quarterly dividend on Thursday, May 4th. Investors of record on Thursday, June 15th will be given a dividend of $0.6185 per share on Thursday, July 6th. This represents a $2.47 annualized dividend and a yield of 4.63%. The ex-dividend date of this dividend is Wednesday, June 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 4.62%. IRM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 124.75%. 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 60.84% 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, May, 4th. 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 a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.68%), State Street Corp (4.73%), Geode Capital Management LLC (2.67%), Deutsche Bank AG (1.57%), Dimensional Fund Advisors LP (1.45%) and FMR LLC (1.31%). Insiders that own company stock include 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 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 $53.40.

How much money does Iron Mountain make?

Iron Mountain (NYSE:IRM) has a market capitalization of $15.57 billion and generates $5.10 billion in revenue each year. The financial services provider earns $556.98 million in net income (profit) each year or $1.98 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 5/31/2023 by MarketBeat.com Staff

My Account -