NYSE:IRMIron Mountain Stock Price, Forecast & News

Iron Mountain's stock was trading at $29.95 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, IRM shares have decreased by 10.7% and is now trading at $26.74. View which stocks have been most impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Iron Mountain in the last year. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Iron Mountain.

Iron Mountain is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Iron Mountain.

Iron Mountain Inc (NYSE:IRM) released its earnings results on Thursday, May, 7th. The financial services provider reported $0.27 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.18 by $0.09. The financial services provider earned $1.07 billion during the quarter, compared to analysts' expectations of $1.08 billion. Iron Mountain had a net margin of 7.06% and a return on equity of 19.16%. The firm's quarterly revenue was up 1.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.17 earnings per share. View Iron Mountain's earnings history.

Iron Mountain declared 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 annualized dividend and a yield of 9.25%. The ex-dividend date is Friday, June 12th. View Iron Mountain's dividend history.

5 equities research analysts have issued twelve-month target prices for Iron Mountain's stock. Their forecasts range from $17.00 to $40.00. On average, they anticipate Iron Mountain's share price to reach $32.20 in the next year. This suggests a possible upside of 20.4% from the stock's current price. View analysts' price targets for Iron Mountain.

News stories about IRM stock have been trending neutral on Sunday, InfoTrie reports. The research firm identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public 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 0.4 on InfoTrie's scale. They also gave news articles about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news about Iron Mountain.

Some companies that are related to Iron Mountain include Cintas (CTAS), Copart (CPRT), UniFirst (UNF), Healthcare Services Group (HCSG), KAR Auction Services (KAR), Mobile Mini (MINI), McGrath RentCorp (MGRC), Viad (VVI) and Performant Financial (PFMT). View all competitors.

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).

Iron Mountain trades on the New York Stock Exchange (NYSE) under the ticker symbol "IRM."

Iron Mountain's stock is owned by a number of institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (0.11%), State of Alaska Department of Revenue (0.05%), Woodstock Corp (0.03%), TRUE Private Wealth Advisors (0.03%), HNP Capital LLC (0.02%) and Carroll Financial Associates Inc. (0.02%). 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.

IRM stock was sold by a variety of institutional investors in the last quarter, including E&G Advisors LP. Company insiders that have sold Iron Mountain company stock in the last year include Clark H Bailey, Jennifer Allerton, Pamela M Arway, and Patrick J Keddy. View insider buying and selling activity for Iron Mountain.

IRM stock was purchased by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., HNP Capital LLC, Carroll Financial Associates Inc., Woodstock Corp, Richard P Slaughter Associates Inc, State of Alaska Department of Revenue, Patriot Financial Group Insurance Agency LLC, and TRUE Private Wealth Advisors. View insider buying and selling activity for 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.

One share of IRM stock can currently be purchased for approximately $26.74.

Iron Mountain has a market capitalization of $7.70 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.

The official website for Iron Mountain is www.ironmountain.com.

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]