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 85 million square feet across more than 1,400 facilities in over 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 information management, digital transformation, secure storage, 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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryDiversified Support Services
SectorFinance
Current SymbolNYSE:IRM
Previous Symbol
CUSIP46284610
Phone617-535-4766
Debt
Debt-to-Equity Ratio4.18
Current Ratio0.97
Quick Ratio0.97
Price-To-Earnings
Trailing P/E Ratio15.99
Forward P/E Ratio15.99
P/E Growth2.84
Sales & Book Value
Annual Sales$3.85 billion
Price / Sales2.53
Cash Flow$3.00 per share
Price / Cash Flow11.35
Book Value$8.11 per share
Price / Book4.20
Profitability
EPS (Most Recent Fiscal Year)$2.13
Net Income$183.82 million
Net Margins5.49%
Return on Equity14.71%
Return on Assets2.70%
Miscellaneous
Employees24,000
Outstanding Shares286,220,000
Market Cap$9.75 billion
OptionableOptionable
Iron Mountain (NYSE:IRM) Frequently Asked Questions
What is Iron Mountain's stock symbol?
Iron Mountain trades on the New York Stock Exchange (NYSE) under the ticker symbol "IRM."
How often does Iron Mountain pay dividends? What is the dividend yield for Iron Mountain?
Iron Mountain declared a quarterly dividend on Thursday, October 25th. Investors of record on Monday, December 17th will be paid a dividend of $0.611 per share on Thursday, January 3rd. This represents a $2.44 dividend on an annualized basis and a yield of 7.18%. The ex-dividend date of this dividend is Friday, December 14th. This is a boost from Iron Mountain's previous quarterly dividend of $0.59. View Iron Mountain's Dividend History.
How were Iron Mountain's earnings last quarter?
Iron Mountain Inc (NYSE:IRM) released its quarterly earnings results on Thursday, October, 25th. The financial services provider reported $0.28 EPS for the quarter, topping the consensus estimate of $0.27 by $0.01. The financial services provider earned $1.06 billion during the quarter, compared to analysts' expectations of $1.05 billion. Iron Mountain had a net margin of 5.49% and a return on equity of 14.71%. View Iron Mountain's Earnings History.
When is Iron Mountain's next earnings date?
What guidance has Iron Mountain issued on next quarter's earnings?
Iron Mountain issued an update on its FY 2018 earnings guidance on Thursday, October, 25th. The company provided earnings per share (EPS) guidance of $2.41-2.47 for the period. The company issued revenue guidance of $4.192-4.269 billion, compared to the consensus revenue estimate of $4.21 billion.
What price target have analysts set for IRM?
6 analysts have issued 1-year price objectives for Iron Mountain's shares. Their predictions range from $25.00 to $52.00. On average, they anticipate Iron Mountain's share price to reach $37.00 in the next year. This suggests a possible upside of 8.7% from the stock's current price. View Analyst Price Targets for Iron Mountain.
What is the consensus analysts' recommendation for Iron Mountain?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Iron Mountain in the last year. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Iron Mountain.
Has Iron Mountain been receiving favorable news coverage?
Headlines about IRM stock have been trending somewhat positive recently, InfoTrie reports. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Iron Mountain earned a media sentiment score of 0.8 on InfoTrie's scale. They also gave news coverage about the financial services provider a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term.
Who are some of Iron Mountain's key competitors?
Some companies that are related to Iron Mountain include Public Storage (PSA), Equinix (EQIX), Welltower (WELL), Equity Residential (EQR), AvalonBay Communities (AVB), DIGITAL RLTY TR/SH (DLR), Ventas (VTR), Boston Properties (BXP), Realty Income (O), SBA Communications (SBAC), Weyerhaeuser (WY), Essex Property Trust (ESS), HCP (HCP), Host Hotels and Resorts (HST) and Alexandria Real Estate Equities (ARE).
Who are Iron Mountain's key executives?
Iron Mountain's management team includes the folowing people:
- Mr. William L. Meaney BSc, MEng, MSIA, Pres, CEO & Director (Age 58)
- Mr. Stuart B. Brown, Exec. VP & CFO (Age 52)
- Ms. Fidelma Russo, CTO & Exec. VP (Age 55)
- Mr. Ernest W. Cloutier, Exec. VP & GM of International (Age 45)
- Mr. Patrick John Keddy, Exec. VP & Gen. Mang. of North America & Western Europe (Age 63)
Who are Iron Mountain's major shareholders?
Iron Mountain's stock is owned by a number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (15.34%), Capital World Investors (11.96%), BlackRock Inc. (6.95%), Capital International Investors (3.13%), Cohen & Steers Inc. (2.28%) and Epoch Investment Partners Inc. (1.78%). Company insiders that own Iron Mountain stock include Alfred J Verrecchia, Anastasios Tsolakis, Clark H Bailey, Edward Bicks, Eileen Sweeney, John Tomovcsik, Patrick J Keddy, Stuart B Brown, Theodore Maclean, Walter C Rakowich and William L Meaney. View Institutional Ownership Trends for Iron Mountain.
Which institutional investors are selling Iron Mountain stock?
IRM stock was sold by a variety of institutional investors in the last quarter, including Capital International Investors, Mitsubishi UFJ Trust & Banking Corp, Epoch Investment Partners Inc., Capital Bank & Trust Co, River Road Asset Management LLC, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Edgestream Partners L.P. and Honeywell International Inc.. Company insiders that have sold Iron Mountain company stock in the last year include Clark H Bailey, Stuart B Brown, Theodore Maclean, Walter C Rakowich and William L Meaney. View Insider Buying and Selling for Iron Mountain.
Which institutional investors are buying Iron Mountain stock?
IRM stock was acquired by a variety of institutional investors in the last quarter, including Capital World Investors, Morgan Stanley, Cohen & Steers Inc., Capital Research Global Investors, BlackRock Inc., AXA, Korea Investment CORP and Mirae Asset Global Investments Co. Ltd.. View Insider Buying and Selling for Iron Mountain.
How do I buy shares of Iron Mountain?
Shares of IRM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Iron Mountain's stock price today?
One share of IRM stock can currently be purchased for approximately $34.05.
How big of a company is Iron Mountain?
Iron Mountain has a market capitalization of $9.75 billion and generates $3.85 billion in revenue each year. The financial services provider earns $183.82 million in net income (profit) each year or $2.13 on an earnings per share basis. Iron Mountain employs 24,000 workers across the globe.
What is Iron Mountain's official website?
How can I contact Iron Mountain?
Iron Mountain's mailing address is ONE FEDERAL STREET, BOSTON MA, 02110. The financial services provider can be reached via phone at 617-535-4766 or via email at [email protected]
MarketBeat Community Rating for Iron Mountain (NYSE IRM)
MarketBeat's community ratings are surveys of what our community members think about Iron Mountain and other stocks. Vote "Outperform" if you believe IRM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe IRM will underperform the S&P 500 over the long term. You may vote once every thirty days.
