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 stock has decreased by 8.8% and is now trading at $27.31. 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 for the quarter, topping the consensus estimate of $0.18 by $0.09. The financial services provider had revenue of $1.07 billion for 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 quarter in the previous year, the business earned $0.17 EPS. View Iron Mountain's earnings history.

Iron Mountain declared a quarterly dividend on Thursday, May 7th. Stockholders 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 9.06%. The ex-dividend date is Friday, June 12th. View Iron Mountain's dividend history.

5 brokerages have issued 12 month target prices for Iron Mountain's stock. Their forecasts range from $17.00 to $40.00. On average, they expect Iron Mountain's share price to reach $32.20 in the next year. This suggests a possible upside of 17.9% from the stock's current price. View analysts' price targets for Iron Mountain.

News headlines about IRM stock have been trending somewhat positive this week, InfoTrie Sentiment reports. The research group ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Iron Mountain earned a news impact score of 2.0 on InfoTrie's scale. They also assigned news stories about the financial services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near term. 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 variety of retail and institutional investors. Top institutional shareholders 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 IFM Investors Pty Ltd, Toth Financial Advisory Corp, E&G Advisors LP, and Boenning & Scattergood Inc.. 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, MADDEN SECURITIES Corp, Teamwork Financial Advisors LLC, Secure Asset Management LLC, and Richard P Slaughter Associates Inc. 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 $27.31.

Iron Mountain has a market capitalization of $7.86 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]