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
Industry Real estate investment trusts
Sub-IndustryDiversified Support Services
SectorFinance
Phone617-535-4766
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$4.23 billion
Profitability
Miscellaneous
Employees26,200
Next Earnings Date4/25/2019 (Estimated)
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, February 7th. Stockholders of record on Friday, March 15th will be given a dividend of $0.611 per share on Tuesday, April 2nd. This represents a $2.44 annualized dividend and a dividend yield of 7.08%. The ex-dividend date is Thursday, March 14th. View Iron Mountain's Dividend History.
How were Iron Mountain's earnings last quarter?
Iron Mountain Inc (NYSE:IRM) issued its quarterly earnings results on Thursday, February, 14th. The financial services provider reported $0.25 EPS for the quarter, missing the consensus estimate of $0.52 by $0.27. The financial services provider earned $1.06 billion during the quarter, compared to the consensus estimate of $1.06 billion. Iron Mountain had a return on equity of 19.30% and a net margin of 8.60%. The firm's quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.29 earnings per share. 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 updated its FY 2019 earnings guidance on Thursday, February, 14th. The company provided earnings per share guidance of $1.08-1.18 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.14. The company issued revenue guidance of $4.2-4.4 billion, compared to the consensus revenue estimate of $4.38 billion.
What price target have analysts set for IRM?
8 analysts have issued 1-year price objectives for Iron Mountain's stock. Their forecasts range from $25.00 to $52.00. On average, they anticipate Iron Mountain's share price to reach $36.6250 in the next year. This suggests a possible upside of 6.2% from the stock's current price. View Analyst Price Targets for Iron Mountain.
What is the consensus analysts' recommendation for Iron Mountain?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Iron Mountain in the last year. There are currently 1 sell rating, 5 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?
News articles about IRM stock have trended negative this week, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded 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 -2.0 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days.
Are investors shorting Iron Mountain?
Iron Mountain saw a increase in short interest in February. As of February 28th, there was short interest totalling 31,303,112 shares, an increase of 10.4% from the February 15th total of 28,341,615 shares. Based on an average daily volume of 2,889,241 shares, the short-interest ratio is presently 10.8 days. Approximately 11.2% of the shares of the company are sold short. 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 Public Storage (PSA), Equinix (EQIX), Welltower (WELL), Equity Residential (EQR), AvalonBay Communities (AVB), DIGITAL RLTY TR/SH (DLR), Ventas (VTR), Realty Income (O), SBA Communications (SBAC), Boston Properties (BXP), Weyerhaeuser (WY), Essex Property Trust (ESS), Alexandria Real Estate Equities (ARE), HCP (HCP) and ANNALY CAP MGMT/SH (NLY).
What other stocks do shareholders of Iron Mountain own?
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 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)
Who are Iron Mountain's major shareholders?
Iron Mountain's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.03%), Cohen & Steers Inc. (3.83%), Parnassus Investments CA (3.33%), Epoch Investment Partners Inc. (1.73%), Dimensional Fund Advisors LP (1.44%) and Daiwa Securities Group Inc. (1.37%). Company insiders that own Iron Mountain stock include Alfred J Verrecchia, Clark H Bailey, Edward Bicks, Eileen Sweeney, Ernest W Cloutier, Fidelma Russo, Jennifer Allerton, 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 Parnassus Investments CA, Nuveen Asset Management LLC, River Road Asset Management LLC, Raymond James & Associates, Epoch Investment Partners Inc., State of Tennessee Treasury Department, Thrivent Financial for Lutherans and Mirae Asset Global Investments Co. Ltd.. Company insiders that have sold Iron Mountain company stock in the last year include Clark H Bailey, Ernest W Cloutier, Fidelma Russo, Jennifer Allerton, 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 bought by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., Daiwa Securities Group Inc., Norges Bank, Stifel Financial Corp, Oregon Public Employees Retirement Fund, D. E. Shaw & Co. Inc., California Public Employees Retirement System and Geode Capital Management LLC. 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 $34.50.
How big of a company is Iron Mountain?
Iron Mountain has a market capitalization of $9.88 billion and generates $4.23 billion in revenue each year. The financial services provider earns $363.35 million in net income (profit) each year or $2.30 on an earnings per share basis. Iron Mountain employs 26,200 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.
