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S&P 500   3,852.36
DOW   32,920.46
QQQ   290.27
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Is This The End of Capitalism? (Ad)
What You Need to Know About Annuity Withdrawals
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Why Gold Can Be A Glistening Addition To Your Portfolio Right Now
Is This The End of Capitalism? (Ad)
Grab Shares Are Suddenly On Track To Double
Buying The Dip In Colgate-Palmolive 
S&P 500   3,852.36
DOW   32,920.46
QQQ   290.27
Mullen Automotive On Hiring Spree, What Could That Mean? 
Is This The End of Capitalism? (Ad)
What You Need to Know About Annuity Withdrawals
SoFi Technologies Smashes Earnings but Beware the Fed Decision
Is This The End of Capitalism? (Ad)
Why Extreme Networks is a Recession-Proof Technology Play
Why Gold Can Be A Glistening Addition To Your Portfolio Right Now
Is This The End of Capitalism? (Ad)
Grab Shares Are Suddenly On Track To Double
Buying The Dip In Colgate-Palmolive 
S&P 500   3,852.36
DOW   32,920.46
QQQ   290.27
Mullen Automotive On Hiring Spree, What Could That Mean? 
Is This The End of Capitalism? (Ad)
What You Need to Know About Annuity Withdrawals
SoFi Technologies Smashes Earnings but Beware the Fed Decision
Is This The End of Capitalism? (Ad)
Why Extreme Networks is a Recession-Proof Technology Play
Why Gold Can Be A Glistening Addition To Your Portfolio Right Now
Is This The End of Capitalism? (Ad)
Grab Shares Are Suddenly On Track To Double
Buying The Dip In Colgate-Palmolive 
NYSE:IRM

Iron Mountain - IRM Stock Forecast, Price & News

$54.46
-0.61 (-1.11%)
(As of 01/30/2023 12:00 AM ET)
Add
Compare
Today's Range
$54.11
$55.12
50-Day Range
$48.95
$55.54
52-Week Range
$41.67
$58.61
Volume
2.03 million shs
Average Volume
1.38 million shs
Market Capitalization
$15.83 billion
P/E Ratio
32.22
Dividend Yield
4.49%
Price Target
$54.00

Iron Mountain MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
0.8% Downside
$54.00 Price Target
Short Interest
Bearish
5.54% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.70
Upright™ Environmental Score
News Sentiment
0.82mentions of Iron Mountain in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$1.80 M Sold Last Quarter
Proj. Earnings Growth
6.46%
From $3.56 to $3.79 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.05 out of 5 stars

Finance Sector

592nd out of 891 stocks

Real Estate Investment Trusts Industry

127th out of 191 stocks


IRM stock logo

About Iron Mountain (NYSE:IRM) Stock

Iron Mountain, Inc. engages in the provision of storage and information management solutions. It operates through the following business segments: North American Records & Information Management Business, North American Data Management Business, Western European Business, Other International Business, Global Data Center Business and Corporate & Other Business. The North American Records & Information Management Business segment offers record management, destruction, and fulfillment services throughout the U.S. and Canada. The North American Data Management Business segment handles data protection and recovery, server and computer backup services, and safeguarding of electronic and physical media in the U.S. and Canada. The Western European Business segment offers records management, data protection and recovery services, and document management solutions throughout the United Kingdom, Ireland, Austria, Belgium, France, Germany, Netherlands, Spain, and Switzerland. The Other International Business segment offers storage and information management services throughout the remaining European countries, Latin America, the Middle East and Africa. The Global Data Center Business segment p

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IRM Stock News Headlines

Become an Investor in Brooklyn Gin
Award winning super-premium craft gin and upcoming Brooklyn distillerypixel
2 Great Income Stocks to Buy in 2023
Become an Investor in Brooklyn Gin
Award winning super-premium craft gin and upcoming Brooklyn distillerypixel
IRM Iron Mountain Incorporated
IRM.MW - | Stock Price & Latest News | Reuters
Iron Mountain's Debt Overview
Iron Mountain Stock Hits New 52-Week High (IRM)
Iron Mountain: I'm Buying The Sell-Off
Climb on Iron Mountain for Its Strong Dividend
2 Unstoppable REIT Stocks to Buy In 2023
7 Iron-Clad Stocks That Will Resist the Market Turmoil
Iron Mountain (IRM) Shares Climb 22.5% QTD: Here is Why
Iron Mountain: Still Far From The Peak
See More Headlines
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IRM Company Calendar

Last Earnings
4/28/2022
Ex-Dividend for 1/5 Dividend
12/14/2022
Dividend Payable
1/05/2023
Today
1/30/2023
Next Earnings (Estimated)
2/23/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Diversified Support Services
Sector
Finance
CUSIP
46284610
Employees
26,750
Year Founded
1951

Price Target and Rating

Average Stock Price Forecast
$54.00
High Stock Price Forecast
$66.00
Low Stock Price Forecast
$20.00
Forecasted Upside/Downside
-0.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$450.22 million
Pretax Margin
11.50%

Debt

Sales & Book Value

Annual Sales
$4.49 billion
Cash Flow
$3.88 per share
Book Value
$2.96 per share

Miscellaneous

Free Float
284,609,000
Market Cap
$15.83 billion
Optionable
Optionable
Beta
0.86

Social Links


Key Executives

  • Mr. William L. Meaney BScMr. William L. Meaney BSc (Age 63)
    MEng, MSIA, Pres, CEO & Director
    Comp: $4.42M
  • Mr. Barry A. Hytinen (Age 48)
    Exec. VP & CFO
    Comp: $1.95M
  • Mr. John TomovcsikMr. John Tomovcsik (Age 55)
    Exec. VP & COO
    Comp: $1.44M
  • Ms. Deirdre J. EvensMs. Deirdre J. Evens (Age 59)
    Exec. VP & GM of Asset Lifecycle Management
    Comp: $1.34M
  • Mr. Daniel BorgesMr. Daniel Borges (Age 54)
    Chief Accounting Officer & Sr. VP
  • Ms. Gillian Tiltman
    Sr. VP & Head of Investor Relations
  • Ms. Deborah MarsonMs. Deborah Marson (Age 69)
    Exec. VP, Gen. Counsel & Sec.
  • Mr. Edward E. Greene (Age 60)
    Exec. VP & Chief HR Officer
  • Mr. Garry B. Watzke
    Sr. VP
  • Mr. Theodore MacLean (Age 58)
    Exec. VP & GM of Crozier Fine Arts













IRM Stock - Frequently Asked Questions

Should I buy or sell Iron Mountain stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Iron Mountain in the last year. There are currently 1 sell rating, 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" IRM shares.
View IRM analyst ratings
or view top-rated stocks.

What is Iron Mountain's stock price forecast for 2023?

6 brokerages have issued 1 year target prices for Iron Mountain's shares. Their IRM share price forecasts range from $20.00 to $66.00. On average, they expect the company's stock price to reach $54.00 in the next year. This suggests that the stock has a possible downside of 0.8%.
View analysts price targets for IRM
or view top-rated stocks among Wall Street analysts.

How have IRM shares performed in 2023?

Iron Mountain's stock was trading at $49.85 at the start of the year. Since then, IRM shares have increased by 9.2% and is now trading at $54.46.
View the best growth stocks for 2023 here
.

Are investors shorting Iron Mountain?

Iron Mountain saw a decrease in short interest during the month of December. As of December 30th, there was short interest totaling 16,000,000 shares, a decrease of 15.5% from the December 15th total of 18,930,000 shares. Based on an average daily trading volume, of 1,310,000 shares, the short-interest ratio is presently 12.2 days. Approximately 5.6% of the shares of the stock are short sold.
View Iron Mountain's Short Interest
.

When is Iron Mountain's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our IRM earnings forecast
.

How were Iron Mountain's earnings last quarter?

Iron Mountain Incorporated (NYSE:IRM) released its quarterly earnings results on Thursday, April, 28th. The financial services provider reported $0.38 EPS for the quarter, missing the consensus estimate of $0.70 by $0.32. The financial services provider had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.24 billion. Iron Mountain had a trailing twelve-month return on equity of 73.31% and a net margin of 9.96%. The company's revenue was up 15.3% on a year-over-year basis. During the same period last year, the business posted $0.81 earnings per share.
Read the conference call transcript
.

How often does Iron Mountain pay dividends? What is the dividend yield for Iron Mountain?

Iron Mountain declared a quarterly dividend on Thursday, November 3rd. Shareholders of record on Thursday, December 15th will be paid a dividend of $0.618 per share on Thursday, January 5th. This represents a $2.47 annualized dividend and a yield of 4.54%. The ex-dividend date is Wednesday, December 14th.
Read our dividend analysis for IRM
.

Is Iron Mountain a good dividend stock?

Iron Mountain (NYSE:IRM) pays an annual dividend of $2.47 per share and currently has a dividend yield of 4.49%. IRM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 146.15%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, IRM will have a dividend payout ratio of 65.17% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for IRM.

What guidance has Iron Mountain issued on next quarter's earnings?

Iron Mountain issued an update on its FY 2022 earnings guidance on Thursday, November, 10th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $5.13 billion-$5.28 billion, compared to the consensus revenue estimate of $5.20 billion.

What is William Meaney's approval rating as Iron Mountain's CEO?

459 employees have rated Iron Mountain Chief Executive Officer William Meaney on Glassdoor.com. William Meaney has an approval rating of 62% among the company's employees. This puts William Meaney in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

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 (STON), AbbVie (ABBV), Enterprise Products Partners (EPD), Kinder Morgan (KMI), Verizon Communications (VZ), Exxon Mobil (XOM), Altria Group (MO) and Cisco Systems (CSCO).

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 number of institutional and retail investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (0.50%), Strs Ohio (0.13%), New York State Teachers Retirement System (0.12%), New York State Common Retirement Fund (0.11%), Brookstone Capital Management (0.11%) and Hall Private Wealth Advisors (0.09%). Insiders that own company stock include Clark H Bailey, Daniel Borges, Deborah Marson, Deirdre Evens, Edward Baker-Greene, Ernest W Cloutier, Greg W Mcintosh, Jennifer Allerton, John Tomovcsik, Kris Halvorsen, Pamela M Arway, Paul F Deninger, Walter C Rakowich and William L Meaney.
View institutional ownership trends
.

How do I buy shares of Iron Mountain?

Shares of IRM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Iron Mountain's stock price today?

One share of IRM stock can currently be purchased for approximately $54.46.

How much money does Iron Mountain make?

Iron Mountain (NYSE:IRM) has a market capitalization of $15.83 billion and generates $4.49 billion in revenue each year. The financial services provider earns $450.22 million in net income (profit) each year or $1.69 on an earnings per share basis.

How many employees does Iron Mountain have?

The company employs 26,750 workers across the globe.

Does Iron Mountain have any subsidiaries?
The following companies are subsidiares of Iron Mountain: AB Archyvu Centras, AB Archyvu Sistemos, AB Archyvu Sistemos Estonia Branch, AS Archivu Serviss, Accutrac Software Inc, ArchivesOne, Archyvu sistemos, Arhiv-Trezor d.o.o., Ausdoc Group Pty Limited, Ausdoc Holdings Pty Limited, Bonded Services (International) B.V., Bonded Services Acquisition Ltd., Bonded Services Group, Bonded Services Group Limited, Bonded Services International Limited, Bonded Services Limited, Box Butler, Britannia Data Management Limited, Capital Vision Holdings SAS, Capital Vision SAS, Connected Corporation, Cornerstone Records Management, Crozier Fine Arts, Crozier Schweiz Ag, Custodia S.O.S. SA, DBJ Limited, DMS Storage s.r.o., DigiGuard, Disaster Recovery Services Limited, Docscan Cape Town Proprietary Limited, Docscan Proprietary Limited, Docu-File JHB Proprietary Limited, DocuTár Iratrendező és Tároló Szolgáltató Kft., DocuVault, Docufile (Pty) Ltd, EAC Invest, Eurospags Investments ApS, EvoSwitch, F.T.S. (Freight Forwarders) Limited, F.T.S. (Great Britain) Limited, F.T.S. (Road Transport) Limited, FTS Bonded Limited, Fairfield Fine Art, File Express Limited, Film Media Services Limited, First International Records Management AG, First International Records Management LLC, Fleet Freight Limited, Fontis International GmbH, Fortrust, G4S Secure Data Solutions Colombia, Glenbeign Records Mangement (GRM) DWC-LLC, Global Logistics Worldwide Limited, Haworth Group Holdings (UK) Limited, Haworth Group Limited, Hays IMS, Helcom Limited, IG2 Data Security, IM Mortgage Solutions LLC, IMI Investments Two Ltd, IMSA Peru SRL, IO.com, Information Storage Consolidation Co, Iron Mountain (Deutschland) Service GmbH, Iron Mountain (España) Services S.L, Iron Mountain (Gibraltar) Holdings Limited, Iron Mountain (Ireland) Services Limited, Iron Mountain (Nederland) Data Centre B.V., Iron Mountain (Nederland) Data Centre Holdings B.V., Iron Mountain (Nederland) Data Centre Services B.V., Iron Mountain (Nederland) Services BV, Iron Mountain (Schweiz) AG, Iron Mountain (UK) Data Centre Limited, Iron Mountain (UK) EES Holdings Limited, Iron Mountain (UK) PLC, Iron Mountain (UK) Services Limited, Iron Mountain A/S, Iron Mountain Acquisition Holdings Pty. Ltd., Iron Mountain Argentina S.A., Iron Mountain Arsivleme Hizmetleri A.S., Iron Mountain Asia Pacific Holdings Ltd, Iron Mountain Asia Pte Limited, Iron Mountain Australia Group Pty. Ltd., Iron Mountain Australia Group Services Pty. Ltd., Iron Mountain Australia Property Holdings Pty Ltd, Iron Mountain Austria Archivierung Gmbh, Iron Mountain BPM SPRL, Iron Mountain Belgium NV, Iron Mountain Bulgaria, Iron Mountain Canada Operations ULC, Iron Mountain Ceska Republika S.R.O., Iron Mountain Chile S.A., Iron Mountain Chile Servicios S.A., Iron Mountain Cloud LLC, Iron Mountain Colombia S.A.S., Iron Mountain Cyprus Limited, Iron Mountain DIMS Limited, Iron Mountain Data Centers LLC, Iron Mountain Data Centers Services LLC, Iron Mountain Data Centre Pte. Limited, Iron Mountain Data Management (Beijing) Co. Ltd., Iron Mountain Data Management (Shanghai) Co. Ltd., Iron Mountain Deutschland GmbH, Iron Mountain Do Brasil Ltda, Iron Mountain Document Holdings Sweden AB, Iron Mountain Document Storage Services LLC, Iron Mountain EES Holdings Ltd., Iron Mountain Enterprises Sdn. Bhd., Iron Mountain Espana SA, Iron Mountain Eswatini (Pty) Ltd, Iron Mountain Europe (Group) Limited, Iron Mountain Europe Ltd., Iron Mountain FZ-LLC, Iron Mountain Finland OY, Iron Mountain France S.A.S., Iron Mountain Fulfillment Services Inc., Iron Mountain Global Holdings Inc., Iron Mountain Global LLC, Iron Mountain Group (Europe) Limited, Iron Mountain Hellas SA, Iron Mountain Holdings (Europe) Limited, Iron Mountain Holdings (France) SNC, Iron Mountain Holdings Sweden AB, Iron Mountain Hong Kong Ltd., Iron Mountain Incorporated, Iron Mountain India Private Ltd, Iron Mountain Information Management LLC, Iron Mountain Information Management Services Canada Inc., Iron Mountain Information Management Services Inc., Iron Mountain Intellectual Property Management Inc., Iron Mountain International (Holdings) Ltd, Iron Mountain International Holdings BV, Iron Mountain Ireland Holdings Limited, Iron Mountain Ireland Limited, Iron Mountain Korea Limited, Iron Mountain Latin America Holdings Sociedad Limitada, Iron Mountain Lesotho (Proprietry) Limited, Iron Mountain Luxembourg Sarl, Iron Mountain Luxembourg Services S.a.r.l., Iron Mountain MDM Limited, Iron Mountain Macau Limited, Iron Mountain Magyarország Kereskedelmi és Szolgáltató Kft., Iron Mountain Management Services GmbH, Iron Mountain Mayflower Limited, Iron Mountain Mexico Holding S. de RL de CV, Iron Mountain Mexico S. de R.L. de C.V., Iron Mountain Mexico Servicios S. de RL de CV, Iron Mountain Mortgage Finance Holdings LLC, Iron Mountain Mortgage Finance I LLC, Iron Mountain Nederland B.V., Iron Mountain Nederland Holdings B.V., Iron Mountain New Zealand Limited, Iron Mountain Norge AS, Iron Mountain Participations SA, Iron Mountain Peru S.A., Iron Mountain Philippines Inc., Iron Mountain Poland Holdings Ltd, Iron Mountain Polska Services Sp z.o.o., Iron Mountain Polska Sp. z.o.o., Iron Mountain Receivables QRS LLC, Iron Mountain Receivables TRS LLC, Iron Mountain Records Management (Puerto Rico) Inc, Iron Mountain Records Management (Shanghai) Co. Ltd., Iron Mountain SRL, Iron Mountain Sdn. Bhd., Iron Mountain Secure Shredding (Pty) Ltd, Iron Mountain Secure Shredding Canada Inc., Iron Mountain Secure Shredding Inc., Iron Mountain Services Private Ltd, Iron Mountain Services S.A.S., Iron Mountain Shanghai Co Ltd, Iron Mountain Singapore Pte. Ltd., Iron Mountain Slovakia s.r.o., Iron Mountain South Africa (Pty) Ltd, Iron Mountain South Africa Holdings (Pty) Ltd, Iron Mountain South Africa Information Management (Pty) Ltd, Iron Mountain South Africa Records Management (Pty) Ltd, Iron Mountain South America Sarl, Iron Mountain Southeast Asia Holdings Limited, Iron Mountain Sweden AB, Iron Mountain Taiwan Ltd., Iron Mountain UK Services (Holdings) Ltd, Iron Mountain US Holdings Inc, Iron Mountain Vietnam Company Limited, Iron Mountain d.o.o. Novi Banovci, Jigsaw Freight Limited, Jigsaw Pieces Limited, Jin Shan Limited, KDM Spectrumdata Pty Ltd, KH Data Capital Development Land LLC, Lane Archives Technologies Corporation, Livevault, Marshgate Morangis Sarl, Mimosa Systems, Nettlebed Acquisition Corp., Novo Group Limited, Novo Holdings Limited, Novo Overseas Limited, NxtGen Data Center & Cloud Services, OEC Records Management Company Private Limited, OSG Records Management (Europe) Limited, OSG Records Management Center LLC, OSG Records Management Centre LLC, OSG Records Management Crypto LLC, OSG Records Management Foreign LLC, OSG Records Management LLC, OSG Records Management LLC (Ukraine), OSG Records Management LLP, OSG Services sp. zoo, Oda International Management Corporation NV, Osrecki d.o.o., PT Iron Mountain Indonesia, Preferred Media Ltd, Prism Integrated Sdn Bhd, Recall, Recall (London) Limited, Recall (Shanghai) Ltd., Recall Europe Finance Ltd., Recall Europe Limited, Recall GQ Ltd, Recall Holdings, Recall Holdings Limited, Recall India Information Management Pvt. Ltd., Recall International Pty Limited, Recall Italy SRL, Recall Limited, Recall Overseas Holdings Pty Limited, Recall Shredding Limited, Recall Technology Pty. Ltd., Recall Total Information Management India Pvt. Ltd., Record Data Limited, Royal Seal S.R.O., SIA RIATech, Saracen Datastore Limited, Shanghai Iron Mountain Data Storage Co. Ltd., Shuttle SRL, Startify, Superior Storage Limited, UAB Confidento, and Xepa Digital.
Read More
How can I contact Iron Mountain?

Iron Mountain's mailing address is ONE FEDERAL STREET, BOSTON MA, 02110. The official website for the company is www.ironmountain.com. The financial services provider can be reached via phone at (617) 535-4766, via email at greer.aviv@ironmountain.com, or via fax at 617-350-7881.

This page (NYSE:IRM) was last updated on 1/31/2023 by MarketBeat.com Staff