NYSE:IRMIron Mountain Stock Price, Forecast & News

Iron Mountain's stock was trading at $29.95 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, IRM shares have decreased by 11.8% and is now trading at $26.41. View which stocks have been most impacted by Coronavirus.

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.

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) issued its quarterly earnings data 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 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%. Iron Mountain's revenue was up 1.4% on a year-over-year basis. During the same period last year, the company posted $0.17 EPS. 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 9.37%. The ex-dividend date is Friday, June 12th. View Iron Mountain's dividend history.

7 brokerages have issued twelve-month price targets 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 $31.09 in the next year. This suggests a possible upside of 17.7% from the stock's current price. View analysts' price targets for Iron Mountain.

Media headlines about IRM stock have trended somewhat positive recently, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Iron Mountain earned a coverage optimism score of 2.0 on InfoTrie's scale. They also gave headlines 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 impact on the stock's share price in the near term. View the latest news aboutIron 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 trading volume of 3,930,000 shares, the short-interest ratio is presently 12.9 days. Currently, 18.0% of the shares of the company are sold short. View Iron Mountain's Current Options Chain.

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.

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 many different institutional and retail 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.

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, and Patrick J Keddy. View insider buying and selling activity for Iron Mountain.

IRM stock was acquired 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.

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 $26.41.

Iron Mountain has a market capitalization of $7.60 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]