About Iron Mountain Incorporated (NYSE:IRM)
Iron Mountain Incorporated (Iron Mountain) is engaged in storing records, primarily paper documents and data backup media, and provide information management services. The Company offers records management services, data protection and recovery services and information destruction services. Its information management services are divided into three categories: records management services, data protection and recovery services, and information destruction services. The Company's records management services include flexible retrieval access, retention management and records management program development and implementation based on practices to help customers comply with specific regulatory requirements and policy-based programs. It provides data protection and recovery services for both physical and electronic records. The Company's information destruction services consist primarily of physical secure shredding operations.
Industry, Sector and Symbol:
- Industry: Business Software & Services
- Sub-Industry: Diversified Support Services
- Sector: Finance
- Symbol: NYSE:IRM
- CUSIP: 46284610
- Web: www.ironmountain.com
- Debt-to-Equity Ratio: 3.59%
- Current Ratio: 1.08%
- Quick Ratio: 1.08%
Sales & Book Value:
- Trailing P/E Ratio: 19.6
- Forward P/E Ratio: 19.12
- P/E Growth: 6.36
- Annual Sales: $3.51 billion
- Price / Sales: 3.11
- Cash Flow: $2.78 per share
- Price / Cash: 14.71
- Book Value: $7.35 per share
- Price / Book: 5.57
- Annual Dividend: $2.20
- Dividend Yield: 5.4%
- Trailing EPS: $0.81
- Net Income: $104.82 million
- Net Margins: 5.54%
- Return on Equity: 15.49%
- Return on Assets: 2.99%
- Employees: 24,000
- Outstanding Shares: 266,940,000
Frequently Asked Questions for Iron Mountain Incorporated (NYSE:IRM)
What is Iron Mountain Incorporated's stock symbol?
Iron Mountain Incorporated trades on the New York Stock Exchange (NYSE) under the ticker symbol "IRM."
How often does Iron Mountain Incorporated pay dividends? What is the dividend yield for Iron Mountain Incorporated?
Iron Mountain Incorporated announced a quarterly dividend on Tuesday, October 24th. Investors of record on Friday, December 15th will be paid a dividend of $0.5875 per share on Tuesday, January 2nd. This represents a $2.35 annualized dividend and a yield of 5.74%. The ex-dividend date is Thursday, December 14th. This is an increase from Iron Mountain Incorporated's previous quarterly dividend of $0.55. View Iron Mountain Incorporated's Dividend History.
How were Iron Mountain Incorporated's earnings last quarter?
Iron Mountain Incorporated (NYSE:IRM) issued its quarterly earnings results on Tuesday, October, 24th. The financial services provider reported $0.31 EPS for the quarter, topping the Zacks' consensus estimate of $0.29 by $0.02. The financial services provider earned $966 million during the quarter, compared to the consensus estimate of $960.99 million. Iron Mountain Incorporated had a net margin of 5.54% and a return on equity of 15.49%. The company's quarterly revenue was up 2.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.44 EPS. View Iron Mountain Incorporated's Earnings History.
When will Iron Mountain Incorporated make its next earnings announcement?
Where is Iron Mountain Incorporated's stock going? Where will Iron Mountain Incorporated's stock price be in 2017?
4 analysts have issued 1-year target prices for Iron Mountain Incorporated's stock. Their predictions range from $30.00 to $46.00. On average, they expect Iron Mountain Incorporated's share price to reach $40.50 in the next year. View Analyst Ratings for Iron Mountain Incorporated.
Who are some of Iron Mountain Incorporated's key competitors?
Some companies that are related to Iron Mountain Incorporated include KB Financial Group (KB), National Bank of Canada (NA), Nomura Holdings Inc ADR (NMR), Northern Trust Corporation (NTRS), Legal & General Group Plc (LGGNY), Orix Corp Ads (IX), Deutsche Boerse AG (DBOEY), Shinhan Financial Group Co Ltd (SHG), China Construction Bank Corp. (CICHY), Cielo SA (CIOXY), Boston Properties (BXP), Erste Group Bank AG (EBKDY), Grupo Financiero Banorte SAB de CV (GBOOY), National Bank of Canada (NTIOF), Hannover Ruck SE (HVRRY), Fairfax Financial Holdings (FRFHF), Host Hotels & Resorts (HST) and CNA Financial Corporation (CNA).
Who owns Iron Mountain Incorporated stock?
Iron Mountain Incorporated's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Capital International Investors (4.80%), Parnassus Investments CA (4.68%), Epoch Investment Partners Inc. (2.27%), Dimensional Fund Advisors LP (1.35%), Bank of New York Mellon Corp (1.34%) and River Road Asset Management LLC (1,229,104.67%). Company insiders that own Iron Mountain Incorporated stock include Anastasios Tsolakis, Clark H Bailey, Edward Bicks, Eileen Sweeney, Ernest W Cloutier, John Tomovcsik, Kris Halvorsen, Marc A Duale, Neil Chatfield, Patrick J Keddy, Theodore Maclean, Walter C Rakowich and William L Meaney. View Institutional Ownership Trends for Iron Mountain Incorporated.
Who sold Iron Mountain Incorporated stock? Who is selling Iron Mountain Incorporated stock?
Iron Mountain Incorporated's stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., River Road Asset Management LLC, Retirement Systems of Alabama, Epoch Investment Partners Inc., Tdam USA Inc., SG Americas Securities LLC, Oregon Public Employees Retirement Fund and Envestnet Asset Management Inc.. Company insiders that have sold Iron Mountain Incorporated company stock in the last year include Anastasios Tsolakis, Edward Bicks, Eileen Sweeney, John Tomovcsik, Neil Chatfield, Patrick J Keddy, Theodore Maclean, Walter C Rakowich and William L Meaney. View Insider Buying and Selling for Iron Mountain Incorporated.
Who bought Iron Mountain Incorporated stock? Who is buying Iron Mountain Incorporated stock?
Iron Mountain Incorporated's stock was bought by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Pictet Asset Management Ltd., Athos Capital Ltd, JPMorgan Chase & Co., Capital International Investors, Cornerstone Capital Management Holdings LLC., Oxbow Advisors LLC and Thompson Siegel & Walmsley LLC. View Insider Buying and Selling for Iron Mountain Incorporated.
How do I buy Iron Mountain Incorporated stock?
Shares of Iron Mountain Incorporated 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 Incorporated's stock price today?
One share of Iron Mountain Incorporated stock can currently be purchased for approximately $40.92.
How big of a company is Iron Mountain Incorporated?
Iron Mountain Incorporated has a market capitalization of $10.88 billion and generates $3.51 billion in revenue each year. The financial services provider earns $104.82 million in net income (profit) each year or $0.81 on an earnings per share basis. Iron Mountain Incorporated employs 24,000 workers across the globe.
How can I contact Iron Mountain Incorporated?
Iron Mountain Incorporated'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 Incorporated (NYSE IRM)MarketBeat's community ratings are surveys of what our community members think about Iron Mountain Incorporated and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for Iron Mountain Incorporated (NYSE:IRM) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 1 Hold Rating, 2 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Hold (Score: 2.25)|
|Consensus Price Target: ||$40.50 (1.03% downside)|
Consensus Price Target History for Iron Mountain Incorporated (NYSE:IRM)
Analysts' Ratings History for Iron Mountain Incorporated (NYSE:IRM)
(Data available from 11/21/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/25/2017||Robert W. Baird||Boost Price Target||Neutral -> Neutral||$39.00 -> $43.00||N/A|
|10/20/2017||Stifel Nicolaus||Reiterated Rating||Buy -> Buy||$40.00 -> $43.00||N/A|
|10/18/2017||Evercore ISI||Initiated Coverage||Outperform -> Outperform||$46.00||N/A|
|6/7/2017||Deutsche Bank AG||Downgrade||Hold -> Sell||$41.00 -> $30.00||High|
|8/5/2016||J P Morgan Chase & Co||Boost Price Target||Overweight||$42.00 -> $48.00||N/A|
|6/17/2016||Piper Jaffray Companies||Reiterated Rating||Buy||$44.00||N/A|
|12/8/2015||Mitsubishi UFJ Financial Group Inc||Reiterated Rating||Neutral||N/A|
Earnings History and Estimates Chart for Iron Mountain Incorporated (NYSE:IRM)
Earnings History by Quarter for Iron Mountain Incorporated (NYSE IRM)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/22/2018|| || || || || || || || |
|10/24/2017||Q3 2017||$0.29||$0.31||$960.99 million||$966.00 million||View||N/A|
|7/28/2017||Q2 2017||$0.52||$0.55||$955.05 million||$950.00 million||View||N/A|
|4/27/2017||Q1 17||$0.51||$0.48||$928.62 million||$939.00 million||View||N/A|
|2/23/2017||Q416||$0.27||$0.26||$938.23 million||$934.00 million||View||N/A|
|11/1/2016||Q316||$0.58||$0.44||$933.49 million||$943.00 million||View||N/A|
|8/4/2016||Q216||$0.52||$0.47||$884.46 million||$883.70 million||View||N/A|
|4/28/2016||Q116||$0.48||$0.51||$756.85 million||$749.30 million||View||Listen|
|2/25/2016||Q415||$0.56||$0.57||$767.86 million||$752.40 million||View||Listen|
|10/30/2015||Q315||$0.49||$0.55||$772.17 million||$782.70 million||View||Listen|
|7/30/2015||Q215||$0.54||$0.48||$778.32 million||$70.00 million||View||Listen|
|4/28/2015||Q115||$0.29||$0.32||$766.73 million||$749.00 million||View||N/A|
|2/20/2015||Q414||$0.31||$0.25||$786.50 million||$778.00 million||View||N/A|
|10/30/2014||Q314||$0.39||$0.35||$780.24 million||$782.70 million||View||N/A|
|7/31/2014||Q214||$0.39||$0.41||$774.24 million||$787.00 million||View||N/A|
|5/1/2014||Q114||$0.26||$0.26||$768.70 million||$770.00 million||View||N/A|
|2/28/2014||Q413||$0.30||$0.20||$756.56 million||$769.00 million||View||N/A|
|10/31/2013||Q313||$0.30||$0.31||$757.17 million||$756.00 million||View||Listen|
|8/1/2013||Q2 2013||$0.31||$0.29||$763.42 million||$755.00 million||View||Listen|
|5/1/2013||Q1 2013||$0.27||$0.27||$761.65 million||$747.00 million||View||Listen|
|2/28/2013||Q4 2012||$0.25||$0.20||$751.04 million||$758.00 million||View||Listen|
|10/31/2012||Q312||$0.35||$0.34||$763.12 million||$748.00 million||View||N/A|
Earnings Estimates for Iron Mountain Incorporated (NYSE:IRM)
2017 EPS Consensus Estimate: $2.17
2018 EPS Consensus Estimate: $2.41
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Iron Mountain Incorporated (NYSE:IRM)
|Dividend Growth:||22.90% (3 Year Average)|
|Payout Ratio:||271.60% (Trailing 12 Months of Earnings) |
102.80% (Based on This Year's Estimates)
94.02% (Based on Next Year's Estimates)
|Track Record:||7 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Iron Mountain Incorporated (NYSE IRM)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Iron Mountain Incorporated (NYSE IRM)
Insider Ownership Percentage: 1.50%
Institutional Ownership Percentage: 88.58%
Insider Trades by Quarter for Iron Mountain Incorporated (NYSE IRM)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|11/8/2017||Theodore Maclean||VP||Sell||1,500||$40.60||$60,900.00|| |
|10/11/2017||Patrick J Keddy||VP||Sell||23,428||$39.04||$914,629.12|| |
|10/9/2017||Theodore Maclean||EVP||Sell||1,500||$38.13||$57,195.00|| |
|9/22/2017||Edward Bicks||SVP||Sell||513||$40.50||$20,776.50|| |
|9/8/2017||John Tomovcsik||EVP||Sell||21,037||$40.02||$841,900.74|| |
|8/30/2017||Edward Bicks||SVP||Sell||401||$39.50||$15,839.50|| |
|8/9/2017||John Tomovcsik||EVP||Sell||29,450||$38.00||$1,119,100.00|| |
|6/5/2017||Eileen Sweeney||SVP||Sell||2,100||$35.14||$73,794.00|| |
|5/30/2017||Walter C Rakowich||Director||Sell||1,552||$35.15||$54,552.80|| |
|2/22/2017||Anastasios Tsolakis||EVP||Sell||2,442||$37.63||$91,892.46|| |
|2/22/2017||William L Meaney||Insider||Sell||11,305||$37.63||$425,407.15|| |
|2/14/2017||Anastasios Tsolakis||EVP||Sell||1,482||$37.50||$55,575.00|| |
|2/14/2017||William L Meaney||CEO||Sell||6,203||$37.50||$232,612.50|| |
|1/10/2017||William L Meaney||CEO||Sell||5,664||$32.82||$185,892.48|| |
|12/2/2016||Neil Chatfield||Director||Sell||954||$32.74||$31,233.96|| |
|10/31/2016||Eileen Sweeney||VP||Sell||4,083||$33.00||$134,739.00|| |
|10/17/2016||Kris Halvorsen||Director||Sell||2,871||$34.41||$98,791.11|| |
|9/12/2016||Edward Bicks||VP||Sell||2,773||$36.32||$100,715.36|| |
|9/12/2016||Walter C Rakowich||Director||Sell||1,466||$36.32||$53,245.12|| |
|7/5/2016||Edward Bicks||VP||Sell||1,459||$40.25||$58,724.75|| |
|7/1/2016||Ernest W Cloutier||EVP||Sell||134,462||$39.93||$5,369,067.66|| |
|6/20/2016||Marc A Duale||Insider||Sell||29,102||$38.25||$1,113,151.50|| |
|6/13/2016||Anastasios Tsolakis||EVP||Sell||35,248||$38.01||$1,339,776.48|| |
|6/10/2016||Patrick J Keddy||VP||Sell||42,843||$37.13||$1,590,760.59|| |
|6/1/2016||Edward Bicks||VP||Sell||2,367||$36.66||$86,774.22|| |
|5/31/2016||Ernest W Cloutier||EVP||Sell||63,536||$36.58||$2,324,146.88|| |
|5/31/2016||William L Meaney||CEO||Sell||315,178||$36.54||$11,516,604.12|| |
|5/2/2016||Clark H Bailey||Director||Sell||9,772||$37.07||$362,248.04|| |
|4/18/2016||Marc A Duale||Insider||Sell||43,802||$35.01||$1,533,508.02|| |
|2/22/2016||Eileen Sweeney||VP||Sell||1,232||$29.26||$36,048.32|| |
|1/14/2016||Eileen Sweeney||VP||Sell||5,103||$25.05||$127,830.15|| |
|3/10/2015||Anne S Drapeau||EVP||Sell||5,090||$36.29||$184,716.10|| |
|2/17/2015||Anne S Drapeau||EVP||Sell||769||$39.20||$30,144.80|| |
|9/29/2014||Vincent J Ryan||Director||Sell||600,000||$33.65||$20,190,000.00|| |
|9/8/2014||Anastasios Tsolakis||EVP||Sell||27,826||$36.11||$1,004,796.86|| |
|9/5/2014||Paul F Deninger||Director||Buy||14,000||$35.92||$502,880.00|| |
|8/7/2014||Clark H Bailey||Director||Sell||24,000||$33.42||$802,080.00|| |
|6/7/2013||Arthur D Little||Director||Buy||1,800||$29.01||$52,218.00|| |
|6/7/2013||Brian P Mckeon||CFO||Buy||3,600||$28.61||$102,996.00|| |
|6/7/2013||William L Meaney||CEO||Buy||12,000||$29.00||$348,000.00|| |
|2/25/2013||Vincent J Ryan||Director||Sell||96,696||$34.69||$3,354,384.24|| |
|8/20/2012||Alfred J Verrecchia||Director||Buy||2,500||$33.30||$83,250.00|| |
Latest Headlines for Iron Mountain Incorporated (NYSE IRM)
Iron Mountain Incorporated (NYSE IRM) Chart for Tuesday, November, 21, 2017