Iron Mountain Incorporated (IRM)

NYSE: IRM · Real-Time Price · USD
83.30
-1.09 (-1.29%)
At close: Apr 15, 2025, 4:00 PM
82.81
-0.49 (-0.59%)
After-hours: Apr 15, 2025, 6:06 PM EDT
-1.29%
Market Cap 24.47B
Revenue (ttm) 6.15B
Net Income (ttm) 180.16M
Shares Out 293.74M
EPS (ttm) 0.61
PE Ratio 136.56
Forward PE 43.66
Dividend $2.87 (3.44%)
Ex-Dividend Date Mar 17, 2025
Volume 1,139,677
Open 84.01
Previous Close 84.39
Day's Range 82.88 - 85.29
52-Week Range 72.33 - 130.24
Beta 1.00
Analysts Strong Buy
Price Target 122.57 (+47.14%)
Earnings Date May 1, 2025

About IRM

Iron Mountain Incorporated (NYSE: IRM) is trusted by more than 240,000 customers in 61 countries, including approximately 95% of the Fortune 1000, to help unlock value and intelligence from their assets through services that transcend the physical and digital worlds. Our broad range of solutions address their information management, digital transformation, information security, data center and asset lifecycle management needs. Our longstanding commitment to safety, security, sustainability and innovation in support of our customers underpins ev... [Read more]

Sector Real Estate
IPO Date Jan 31, 1996
Employees 28,850
Stock Exchange NYSE
Ticker Symbol IRM
Full Company Profile

Financial Performance

In 2024, Iron Mountain's revenue was $6.15 billion, an increase of 12.22% compared to the previous year's $5.48 billion. Earnings were $180.16 million, a decrease of -2.21%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for IRM stock is "Strong Buy." The 12-month stock price forecast is $122.57, which is an increase of 47.14% from the latest price.

Price Target
$122.57
(47.14% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Iron Mountain Schedules First Quarter 2025 Earnings Release and Conference Call

PORTSMOUTH, N.H.--(BUSINESS WIRE)--Iron Mountain Incorporated (NYSE: IRM), a global leader in information management services, will report its first quarter 2025 financial results before market hours ...

5 days ago - Business Wire

Iron Mountain: Thank The Meltdown For Richer Yields And Double Digits Upside

The ongoing macro/geopolitical events have been a boon for those looking to add REITs, attributed to the cheaper valuations and richer yields. The moderating 10Y Treasury Yields from recent heights ne...

6 days ago - Seeking Alpha

Iron Mountain Appoints Gary Aitkenhead as Executive Vice President and General Manager, Data Centers

PORTSMOUTH, N.H.--(BUSINESS WIRE)--Iron Mountain appoints Gary Aitkenhead as Executive Vice President and General Manager, Data Centers.

8 days ago - Business Wire

2 REITs I'm Buying Right Now

REITs are now on their way up. But some REITs have missed out on the recent recovery. I present 2 REITs that remain opportunistic.

Other symbols: EPRT
26 days ago - Seeking Alpha

2 REITs Most Investors Should Own

Some REITs are truly exceptional. So much so that they could make sense for most investors. I present two such exceptional REITs.

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4 weeks ago - Seeking Alpha

3 Popular REITs To Sell Before It Is Too Late

REITs are offering a historic opportunity. But not all REITs are worth buying. I highlight 3 popular to sell.

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6 weeks ago - Seeking Alpha

Iron Mountain Incorporated (IRM) Presents at Morgan Stanley Technology, Media & Telecom Conference (Transcript)

Iron Mountain Incorporated (NYSE:IRM) Morgan Stanley Technology, Media & Telecom Conference March 3, 2025 5:35 PM ET Company Participants Barry Hytinen - Executive Vice President & Chief Financial Of...

6 weeks ago - Seeking Alpha

From Real Property To Intellectual Property: My 15 Years On Seeking Alpha

Over nearly 15 years, I've written 4,300-plus Seeking Alpha articles, focusing on REITs and income stocks, emphasizing principal preservation and "SWAN investing." My journey included covering the evo...

Other symbols: AMTAREBRXBXCCIDLRDOC
7 weeks ago - Seeking Alpha

Data centers REITs hit a bit of volatility following Big Tech headlines

CNBC's Dom Chu joins 'Squawk on the Street' to discuss data center REITs amid the push for AI-powered data centers.

Other symbols: DLRDTCREQIXIDGTSRVR
7 weeks ago - CNBC Television

Iron Mountain to Present at Financial Conference

PORTSMOUTH, N.H.--(BUSINESS WIRE)--Iron Mountain Incorporated (NYSE: IRM), a global leader in information management services, announced today that it will participate in a fireside chat at the Morgan...

7 weeks ago - Business Wire

Iron Mountain: Near-Term Growth Trajectory Is A Concern

I am neutral on Iron Mountain (IRM) due to near-term execution risks and high valuation despite compelling long-term growth drivers in data centers and ALM. IRM's data center business is a significant...

7 weeks ago - Seeking Alpha

Company ripped by Elon Musk that stores government records in a mine may actually get a boost from DOGE

Iron Mountain shares have struggled this week after Elon Musk mentioned the company's processing and storage of retirement records in a Pennsylvania mine. But the company said other parts of its busin...

2 months ago - CNBC

Iron Mountain Incorporated (IRM) Q4 2024 Earnings Call Transcript

Iron Mountain Incorporated (NYSE:IRM) Q4 2024 Earnings Conference Call February 13, 2025 8:30 AM ET Company Participants Mark Rupe - Senior Vice President of Investor Relations William Meaney - Presi...

2 months ago - Seeking Alpha

Iron Mountain Reports Fourth Quarter and Full Year 2024 Results

PORTSMOUTH, N.H.--(BUSINESS WIRE)--Iron Mountain Incorporated (NYSE: IRM), a global leader in information management services, announces financial results for the fourth quarter and full year 2024. “W...

2 months ago - Business Wire

Iron Mountain Increases Quarterly Dividend per Share by 10%

PORTSMOUTH, N.H.--(BUSINESS WIRE)--The Board of Directors (the “Board”) of Iron Mountain Incorporated (NYSE: IRM), a global leader in information management services, declared a quarterly cash dividen...

2 months ago - Business Wire

Ooredoo and Iron Mountain Partner to Accelerate Data Centre Growth Across MENA

DOHA & PORTSMOUTH, N.H.--(BUSINESS WIRE)--Ooredoo Group and Iron Mountain today announced a landmark strategic partnership, which will see the global leader in information management services take a m...

2 months ago - Business Wire

Iron Mountain Incorporated Announces Tax Treatment of 2024 Distributions

PORTSMOUTH, N.H.--(BUSINESS WIRE)--Iron Mountain Incorporated (NYSE: IRM), a global leader in information management services, today announced the tax treatment for all 2024 distributions on its commo...

2 months ago - Business Wire

Iron Mountain Schedules Fourth Quarter and Full Year 2024 Earnings Release and Conference Call

PORTSMOUTH, N.H.--(BUSINESS WIRE)--Iron Mountain Incorporated (NYSE: IRM), a global leader in information management services, will report its fourth quarter and full year 2024 financial results befor...

2 months ago - Business Wire

The State Of REITs: January 2025 Edition

The REIT sector took a beating in December with an average total return of -6.85% but still finished in the black for full year 2024 (+3.70%). Small cap (-5.98%) and mid cap REITs (-6.62%) outperforme...

2 months ago - Seeking Alpha

Become A 'Mission Critical' AI Landlord And Sleep Well At Night

Data center REITs have become the largest property sector, driven by AI demand and digital technology proliferation, making them core positions in market cap weighted ETFs. Digital Realty and Equinix ...

Other symbols: AMTCDPDLREQIXOPLD
2 months ago - Seeking Alpha

Iron Mountain's Warranted Correction Triggers A Richer Return Profile Ahead

IRM has already lost all of its July/ August 2024 market rotation gains, with it offering interested investors with an improved margin of safety. This is significantly aided by the rich dividend hike ...

3 months ago - Seeking Alpha

Final Trades: Amazon, Uber and Iron Mountain

The Investment Committee give you their top stocks to watch on the last trading day of the year.

Other symbols: AMZNUBER
3 months ago - CNBC Television

REITs To Avoid In 2025

Not all REITs are worth buying. Some property sectors are risky and overpriced. I present REITs to avoid in 2025.

Other symbols: AMZNBXPSKTTJXVNQ
3 months ago - Seeking Alpha

The Big 3: IRM, LNG, XLE

Today's Big 3 are LNG, IRM, XLE. Kevin Green walks through example trades on all 3 names and looks at the technicals on each.

Other symbols: XLELNG
3 months ago - Schwab Network

How To Become A Real Estate Tycoon (My Blueprint Revealed)

Embracing negativity and learning from setbacks fueled my journey to become a top analyst on Seeking Alpha, focusing on fundamental analysis. Second-level thinking, as taught by mentors like Chuck Car...

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3 months ago - Seeking Alpha