NYSE:IRMIron Mountain Stock Price, Forecast & News

Iron Mountain's stock was trading at $29.95 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, IRM stock has decreased by 9.5% and is now trading at $27.11. 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, April 23rd 2020. View our earnings forecast for Iron Mountain.

Iron Mountain Inc (NYSE:IRM) released its quarterly earnings results on Thursday, February, 13th. The financial services provider reported $0.31 earnings per share for the quarter, missing analysts' consensus estimates of $0.63 by $0.32. The financial services provider earned $1.08 billion during the quarter, compared to analysts' expectations of $1.07 billion. Iron Mountain had a net margin of 6.27% and a return on equity of 15.46%. The company's revenue for the quarter was up 1.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.56 EPS. View Iron Mountain's earnings history.

Iron Mountain announced a quarterly dividend on Thursday, February 13th. Investors of record on Monday, March 16th will be given a dividend of $0.6185 per share on Monday, April 6th. This represents a $2.47 dividend on an annualized basis and a dividend yield of 9.13%. The ex-dividend date of this dividend is Friday, March 13th. This is a positive change from Iron Mountain's previous quarterly dividend of $0.61. View Iron Mountain's dividend history.

Iron Mountain issued an update on its FY 2020 Pre-Market earnings guidance on Thursday, February, 13th. The company provided EPS guidance of 1.15-1.25 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.21. The company issued revenue guidance of $4.375-4.475 billion, compared to the consensus revenue estimate of $4.35 billion.

7 equities research analysts have issued 1-year price targets for Iron Mountain's shares. Their forecasts range from $18.00 to $40.00. On average, they expect Iron Mountain's stock price to reach $31.23 in the next twelve months. This suggests a possible upside of 15.2% from the stock's current price. View analysts' price targets for Iron Mountain.

News stories about IRM stock have been trending very negative on Friday, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Iron Mountain earned a news impact score of -3.3 on InfoTrie's scale. They also assigned media headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutIron Mountain.

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), Mobile Mini (MINI), Viad (VVI) and Performant Financial (PFMT).

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), Kinder Morgan (KMI), Enterprise Products Partners (EPD), AbbVie (ABBV), Verizon Communications (VZ), ANNALY CAP MGMT/SH (NLY), Altria Group (MO) 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 a variety of institutional and retail investors. Top institutional investors include State of Alaska Department of Revenue (0.05%), Woodstock Corp (0.02%), IFM Investors Pty Ltd (0.01%) and E&G Advisors LP (0.00%). Company insiders that own Iron Mountain stock include Clark H Bailey, Edward Bicks, Ernest W Cloutier, Fidelma Russo, Jennifer Allerton, 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 IFM Investors Pty Ltd, and E&G Advisors LP. Company insiders that have sold Iron Mountain company stock in the last year include Clark H Bailey, Edward Bicks, Ernest W Cloutier, Jennifer Allerton, Patrick J Keddy, Stuart B Brown, Theodore Maclean, and Walter C Rakowich. View insider buying and selling activity for Iron Mountain.

IRM stock was purchased by a variety of institutional investors in the last quarter, including Woodstock Corp, and State of Alaska Department of Revenue. 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 $27.11.

Iron Mountain has a market capitalization of $7.80 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. View additional information about Iron Mountain.

The official website for Iron Mountain is http://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]