NYSE:IRM Iron Mountain Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Iron Mountain Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $26.50 +0.44 (+1.69 %) (As of 09/24/2020 12:00 AM ET) Add Compare Share Today's Range$25.97Now: $26.50▼$26.7350-Day Range$26.06MA: $29.61▼$30.5052-Week Range$21.00Now: $26.50▼$34.49Volume3.11 million shsAverage Volume3.34 million shsMarket Capitalization$7.64 billionP/E Ratio37.86Dividend Yield9.48%Beta0.69 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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 approximately 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.Read More Beat the Market (BTM) Rank™ 2.1 Analyst's Opinion Consensus RatingIron Mountain has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 2 buy ratings, 1 hold rating, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $33.00, Iron Mountain has a forecasted upside of 24.5% from its current price of $26.50.Amount of Analyst CoverageIron Mountain has received no research coverage in the past 90 days. Previous Next 2.4 Community Rank Outperform VotesIron Mountain has received 385 “outperform” votes. (Add your “outperform” vote.)Underperform VotesIron Mountain has received 418 “underperform” votes. (Add your “underperform” vote.)Community SentimentIron Mountain has received 52.05% “underperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend LeadershipIron Mountain is a leading dividend payer. It pays a dividend yield of 9.48%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthIron Mountain has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Iron Mountain is 107.86%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Iron Mountain will have a dividend payout ratio of 98.02% in the coming year. This indicates that Iron Mountain may not be able to sustain their current dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Iron Mountain insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $218,448.00 in company stock.Percentage Held by InsidersOnly 2.10% of the stock of Iron Mountain is held by insiders.Percentage Held by Institutions83.48% of the stock of Iron Mountain is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Iron Mountain are expected to grow by 17.21% in the coming year, from $2.15 to $2.52 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Iron Mountain is 37.86, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.18.Price to Earnings Ratio vs. SectorThe P/E ratio of Iron Mountain is 37.86, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 17.04.Price to Earnings Growth RatioIron Mountain has a PEG Ratio of 2.30. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioIron Mountain has a P/B Ratio of 5.20. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.1Community Rank: 2.4Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.56 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryDiversified Support Services SectorFinance Current SymbolNYSE:IRM Previous Symbol CUSIP46284610 CIK1020569 Webwww.ironmountain.com Phone617-535-4766Debt Debt-to-Equity Ratio8.54 Current Ratio0.80 Quick Ratio0.80Price-To-Earnings Trailing P/E Ratio37.86 Forward P/E Ratio12.33 P/E Growth2.3 Sales & Book Value Annual Sales$4.26 billion Price / Sales1.79 Cash Flow$3.00 per share Price / Cash Flow8.83 Book Value$5.10 per share Price / Book5.20Profitability EPS (Most Recent Fiscal Year)$2.29 Net Income$267.38 million Net Margins4.82% Return on Equity21.19% Return on Assets1.96%Miscellaneous Employees26,750 Outstanding Shares288,148,000Market Cap$7.64 billion Next Earnings Date10/29/2020 (Estimated) OptionableOptionable $26.50 +0.44 (+1.69 %) (As of 09/24/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive IRM News and Ratings via Email Sign-up to receive the latest news and ratings for IRM and its competitors with MarketBeat's FREE daily newsletter. Iron Mountain (NYSE:IRM) Frequently Asked Questions How has Iron Mountain's stock been impacted by Coronavirus? 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 11.5% and is now trading at $26.50. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Iron Mountain? 4 Wall Street 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Iron Mountain. When is Iron Mountain's next earnings date? Iron Mountain is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020. View our earnings forecast for Iron Mountain. How were Iron Mountain's earnings last quarter? Iron Mountain Inc (NYSE:IRM) released its quarterly earnings data on Thursday, August, 6th. The financial services provider reported $0.22 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.13 by $0.09. The financial services provider earned $982.20 million during the quarter, compared to analyst estimates of $933.06 million. Iron Mountain had a return on equity of 21.19% and a net margin of 4.82%. The business's revenue for the quarter was down 7.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.23 EPS. View Iron Mountain's earnings history. How often does Iron Mountain pay dividends? What is the dividend yield for Iron Mountain? Iron Mountain declared a quarterly dividend on Thursday, August 6th. Shareholders of record on Tuesday, September 15th will be paid a dividend of $0.6185 per share on Friday, October 2nd. This represents a $2.47 annualized dividend and a yield of 9.34%. The ex-dividend date of this dividend is Monday, September 14th. View Iron Mountain's dividend history. What price target have analysts set for IRM? 4 brokers have issued 1-year price objectives 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 $33.00 in the next year. This suggests a possible upside of 24.5% from the stock's current price. View analysts' price targets for Iron Mountain. Who are some of Iron Mountain's key competitors? Some companies that are related to Iron Mountain include Cintas (CTAS), Copart (CPRT), UniFirst (UNF), KAR Auction Services (KAR), Healthcare Services Group (HCSG), McGrath RentCorp (MGRC), Viad (VVI) and Performant Financial (PFMT). View all competitors. 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 Partners (STON), AbbVie (ABBV), Verizon Communications (VZ), Enterprise Products Partners (EPD), Kinder Morgan (KMI), Exxon Mobil (XOM), Cisco Systems (CSCO) and Altria Group (MO). Who are Iron Mountain's key executives? Iron Mountain's management team includes the following 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) 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 variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (16.95%), Epoch Investment Partners Inc. (1.84%), FMR LLC (1.47%), Prudential PLC (1.30%), Nordea Investment Management AB (1.29%) and Bank of New York Mellon Corp (1.13%). Company insiders that own Iron Mountain stock include Clark H Bailey, Daniel Borges, 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. Which major investors are selling Iron Mountain stock? IRM stock was sold by a variety of institutional investors in the last quarter, including Stifel Financial Corp, Advisor Group Holdings Inc., Chicago Capital LLC, Bank of New York Mellon Corp, Schooner Capital Corp, Cubist Systematic Strategies LLC, Two Sigma Advisers LP, and Welch & Forbes LLC. Company insiders that have sold Iron Mountain company stock in the last year include Clark H Bailey, Daniel Borges, Jennifer Allerton, and Pamela M Arway. View insider buying and selling activity for Iron Mountain. Which major investors are buying Iron Mountain stock? IRM stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Nordea Investment Management AB, Charles Schwab Investment Management Inc., Greenhouse Funds LLLP, Prudential PLC, Epoch Investment Partners Inc., Pacer Advisors Inc., and LSV Asset Management. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Iron Mountain's stock price today? One share of IRM stock can currently be purchased for approximately $26.50. How big of a company is Iron Mountain? Iron Mountain has a market capitalization of $7.64 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. What is Iron Mountain's official website? The official website for Iron Mountain is www.ironmountain.com. 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] This page was last updated on 9/25/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
