NYSE:IRMIron Mountain Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Iron Mountain Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $25.12 +0.27 (+1.09 %) (As of 05/27/2020 12:11 PM ET) Add Compare Share Today's Range$24.95Now: $25.12▼$25.4850-Day Range$21.92MA: $24.28▼$27.1152-Week Range$21.00Now: $25.12▼$34.49Volume1.19 million shsAverage Volume3.06 million shsMarket Capitalization$7.23 billionP/E Ratio24.24Dividend Yield10.24%Beta0.68 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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 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 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.Read More Beat the Market (BTM) Rank™ 2.1 Analyst's Opinion Consensus RatingIron Mountain has received a consensus rating of Hold. The company's average rating score is 2.14, and is based on 3 buy ratings, 2 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $31.09, Iron Mountain has a potential upside of 23.3% from its current price of $25.22.Amount of Analyst CoverageIron Mountain has only been the subject of 1 research reports in the past 90 days. Previous Next 2.4 Community Rank Outperform VotesIron Mountain has received 382 “outperform” votes. (Add your “outperform” vote.)Underperform VotesIron Mountain has received 418 “underperform” votes. (Add your “underperform” vote.)Community SentimentIron Mountain has received 52.25% “underperform” votes from our community.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. Previous Next 3.3 Dividend Strength Dividend LeadershipIron Mountain is a leading dividend payer. It pays a dividend yield of 10.24%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthIron Mountain has been increasing its dividend for 10 years.Dividend CoverageThe dividend payout ratio of Iron Mountain is 107.86 %. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Iron Mountain will have a dividend payout ratio of 102.49 % in the coming year. This indicates that Iron Mountain may not be able to sustain their current dividend. Previous Next 1.0 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 $165,460.00 in company stock.Percentage Held by InsidersOnly 2.10% of the stock of Iron Mountain is held by insiders.Percentage Held by Institutions84.79% of the stock of Iron Mountain is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Iron Mountain are expected to grow by 14.22% in the coming year, from $2.11 to $2.41 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Iron Mountain is 24.25, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.55.Price to Earnings Ratio vs. SectorThe P/E ratio of Iron Mountain is 24.25, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 18.31.Price to Earnings Growth RatioIron Mountain has a PEG Ratio of 1.96. 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 6.47. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.1Community Rank: 2.4Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.89 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryDiversified Support Services SectorFinance Current SymbolNYSE:IRM Previous Symbol CUSIP46284610 CIK1020569 Webwww.ironmountain.com Phone617-535-4766Debt Debt-to-Equity Ratio9.31 Current Ratio0.76 Quick Ratio0.76Price-To-Earnings Trailing P/E Ratio24.24 Forward P/E Ratio11.91 P/E Growth1.96 Sales & Book Value Annual Sales$4.26 billion Price / Sales1.70 Cash Flow$3.41 per share Price / Cash Flow7.37 Book Value$3.90 per share Price / Book6.44Profitability EPS (Most Recent Fiscal Year)$2.29 Net Income$267.38 million Net Margins7.06% Return on Equity19.16% Return on Assets2.02%Miscellaneous Employees26,750 Outstanding Shares287,880,000Market Cap$7.23 billion Next Earnings Date8/6/2020 (Estimated) OptionableOptionable IRM Rates by TradingView Receive IRM News and Ratings via Email Sign-up to receive the latest news and ratings for IRM and its competitors with MarketBeat's FREE daily newsletter. Iron Mountain (NYSE:IRM) Frequently Asked Questions How has Iron Mountain's stock been impacted by COVID-19 (Coronavirus)? Iron Mountain's stock was trading at $29.95 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, IRM shares have decreased by 15.8% and is now trading at $25.22. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Iron Mountain? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Iron Mountain in the last year. There are currently 2 sell ratings, 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Iron Mountain. When is Iron Mountain's next earnings date? Iron Mountain is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Iron Mountain. How were Iron Mountain's earnings last quarter? Iron Mountain Inc (NYSE:IRM) announced its quarterly earnings data on Thursday, May, 7th. The financial services provider reported $0.27 EPS for the quarter, topping analysts' consensus estimates of $0.18 by $0.09. The financial services provider had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.08 billion. Iron Mountain had a return on equity of 19.16% and a net margin of 7.06%. The firm's quarterly revenue was up 1.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.17 EPS. View Iron Mountain's earnings history. How often does Iron Mountain pay dividends? What is the dividend yield for Iron Mountain? Iron Mountain announced a quarterly dividend on Thursday, May 7th. Investors of record on Monday, June 15th will be given a dividend of $0.6185 per share on Thursday, July 2nd. This represents a $2.47 dividend on an annualized basis and a dividend yield of 9.81%. The ex-dividend date is Friday, June 12th. View Iron Mountain's dividend history. What price target have analysts set for IRM? 7 analysts have issued 1 year price targets for Iron Mountain's shares. Their forecasts range from $17.00 to $40.00. On average, they anticipate Iron Mountain's share price to reach $31.09 in the next twelve months. This suggests a possible upside of 23.3% from the stock's current price. View analysts' price targets for Iron Mountain. Has Iron Mountain been receiving favorable news coverage? Headlines about IRM stock have been trending very negative this week, InfoTrie reports. The research firm ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Iron Mountain earned a daily sentiment score of -3.1 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutIron Mountain. Are investors shorting Iron Mountain? Iron Mountain saw a increase in short interest in May. As of May 15th, there was short interest totaling 50,880,000 shares, an increase of 6.7% from the April 30th total of 47,680,000 shares. Based on an average daily volume of 3,930,000 shares, the days-to-cover ratio is currently 12.9 days. Currently, 18.0% of the company's stock are short sold. View Iron Mountain's Current Options Chain. Who are some of Iron Mountain's key competitors? Some companies that are related to Iron Mountain include Cintas (CTAS), Copart (CPRT), UniFirst (UNF), KAR Auction Services (KAR), Healthcare Services Group (HCSG), Mobile Mini (MINI), McGrath RentCorp (MGRC), Viad (VVI) and Performant Financial (PFMT). View all competitors. 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 Partners (STON), AbbVie (ABBV), Kinder Morgan (KMI), Enterprise Products Partners (EPD), Verizon Communications (VZ), ANNALY CAP MGMT/SH (NLY), Exxon Mobil (XOM) and Energy Transfer LP Unit (ET). Who are Iron Mountain's key executives? Iron Mountain's management team includes the following people: Mr. William L. Meaney BSc, MEng, MSIA, Pres, CEO & Director (Age 59)Mr. Stuart B. Brown, Exec. VP & CFO (Age 53)Ms. Fidelma Russo, CTO & Exec. VP (Age 56)Mr. Ernest W. Cloutier, Exec. VP & GM of International (Age 46)Mr. Patrick John Keddy, Exec. VP & Gen. Mang. of North America & Western Europe (Age 64) 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 retail and institutional investors. Top institutional investors include Capital World Investors (12.23%), BlackRock Inc. (7.62%), State Street Corp (4.82%), Parnassus Investments CA (2.08%), Morgan Stanley (1.90%) and Morgan Stanley (1.90%). Company insiders that own Iron Mountain stock include Clark H Bailey, Edward Bicks, Ernest W Cloutier, Fidelma Russo, Jennifer Allerton, Pamela M Arway, Patrick J Keddy, Stuart B Brown, Theodore Maclean, Walter C Rakowich and William L Meaney. View institutional ownership trends for Iron Mountain. Which major investors are selling Iron Mountain stock? IRM stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., Pictet Asset Management Ltd., Centersquare Investment Management LLC, Schooner Capital Corp, Commerzbank Aktiengesellschaft FI, Deutsche Bank AG, JPMorgan Chase & Co., and Korea Investment CORP. Company insiders that have sold Iron Mountain company stock in the last year include Clark H Bailey, Jennifer Allerton, Pamela M Arway, Patrick J Keddy, and Walter C Rakowich. View insider buying and selling activity for Iron Mountain. Which major investors are buying Iron Mountain stock? IRM stock was bought by a variety of institutional investors in the last quarter, including Capital World Investors, Prudential PLC, Advisor Group Holdings Inc., PGGM Investments, BlackRock Inc., Pacer Advisors Inc., Avalon Investment & Advisory, and Morgan Stanley. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Iron Mountain's stock price today? One share of IRM stock can currently be purchased for approximately $25.22. How big of a company is Iron Mountain? Iron Mountain has a market capitalization of $7.26 billion and generates $4.26 billion in revenue each year. The financial services provider earns $267.38 million in net income (profit) each year or $2.29 on an earnings per share basis. Iron Mountain employs 26,750 workers across the globe. What is Iron Mountain's official website? The official website for Iron Mountain is www.ironmountain.com. 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] This page was last updated on 5/27/2020 by MarketBeat.com Staff
