Iron Mountain Incorporated (IRM)
| Market Cap | 26.96B |
| Revenue (ttm) | 6.15B |
| Net Income (ttm) | 180.16M |
| Shares Out | 293.74M |
| EPS (ttm) | 0.61 |
| PE Ratio | 150.46 |
| Forward PE | 47.67 |
| Dividend | $2.86 (3.12%) |
| Ex-Dividend Date | Mar 17, 2025 |
| Volume | 1,739,403 |
| Open | 93.53 |
| Previous Close | 93.50 |
| Day's Range | 91.41 - 94.04 |
| 52-Week Range | 72.31 - 130.24 |
| Beta | 1.04 |
| Analysts | Strong Buy |
| Price Target | 129.17 (+40.74%) |
| Earnings Date | Feb 13, 2025 |
About IRM
Iron Mountain Incorporated (NYSE: IRM) is a global leader in information management services. Founded in 1951 and trusted by more than 240,000 customers worldwide, Iron Mountain serves to protect and elevate the power of our customers’ work. Through a range of offerings including digital transformation, data centers, secure records storage, information management, asset lifecycle management, secure destruction and art storage and logistics, Iron Mountain helps businesses bring light to their dark data, enabling customers to unlock value and int... [Read more]
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 StatementsAnalyst Forecast
According to 6 analysts, the average rating for IRM stock is "Strong Buy." The 12-month stock price forecast is $129.17, which is an increase of 40.74% from the latest price.
News
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...
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...
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...
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...
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...
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...
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...
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...
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...
Become A 'Mission Critical' AI Landlord And Sleep Well At Night
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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 ...
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.
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.
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...
Lessons Learned Summed Up In One Simple Sentence
My journey on Seeking Alpha began after personal financial setbacks, but persistence and relevance helped me build a strong community and career. I highlight Iron Mountain, Agree Realty, and STAG Indu...
Iron Mountain: Well-Run REIT, Overpriced For Now
Iron Mountain Incorporated generates strong revenue, earnings, and AFFO growth with a robust business model that offers non-cyclical continuity. IRM's high P/E ratio and low forward dividend yield of ...
Iron Mountain Incorporated (IRM) Barclays 22nd Annual Global Technology Conference - (Transcript)
Iron Mountain Incorporated (NYSE:IRM) Barclays 22nd Annual Global Technology Conference Call December 11, 2024 11:05 AM ET Company Participants Barry Hytinen - Executive Vice President and Chief Fina...
Iron Mountain announces the election of June Yee Felix to the Board of Directors
PORTSMOUTH, N.H.--(BUSINESS WIRE)--Iron Mountain Incorporated (NYSE: IRM), a global leader in information management services, today announced that it has elected June Yee Felix to the Board of Direct...
NAV Monitor: U.S. Equity REITs End November At 6.5% Median Discount
Publicly listed US equity real estate investment trusts closed Nov. 29 at a median 6.5% discount to their consensus net asset value per share estimates. The hotel sector continued to trade at the larg...
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 Barcla...
Iron Mountain Incorporated Upsizes and Prices Debt Offering
PORTSMOUTH, N.H.--(BUSINESS WIRE)--Iron Mountain Incorporated (NYSE: IRM) (the "Company"), a global leader in information management services, today announced that it has priced an upsized offering by...
Iron Mountain Incorporated Announces Debt Offering
PORTSMOUTH, N.H.--(BUSINESS WIRE)--Iron Mountain Incorporated (NYSE: IRM) (the "Company"), a global leader in information management services, today announced a proposed offering by way of a private p...
The State Of REITs: November 2024 Edition
The REIT sector snapped a 5-month winning streak with a -3.42% average total return in October. Micro cap (-2.04%) and mid-cap (-2.30%) REITs averaged modest declines in October, while large caps (-3....
Iron Mountain Expands Planned Data Center Capacity in Virginia by more than 350 Megawatts
PORTSMOUTH, N.H.--(BUSINESS WIRE)--Iron Mountain (NYSE: IRM), a global leader in information management services, has acquired two data center development sites in Virginia - adding significant planne...