Iron Mountain Incorporated (IRM)

NYSE: IRM · Real-Time Price · USD
87.86
-2.23 (-2.48%)
Mar 25, 2025, 4:00 PM EST - Market closed
-2.48%
Market Cap 25.81B
Revenue (ttm) 6.15B
Net Income (ttm) 180.16M
Shares Out 293.74M
EPS (ttm) 0.61
PE Ratio 144.05
Forward PE 45.64
Dividend $2.87 (3.26%)
Ex-Dividend Date Mar 17, 2025
Volume 1,285,630
Open 89.69
Previous Close 90.09
Day's Range 86.99 - 90.24
52-Week Range 73.53 - 130.24
Beta 1.08
Analysts Strong Buy
Price Target 127.17 (+44.74%)
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 6 analysts, the average rating for IRM stock is "Strong Buy." The 12-month stock price forecast is $127.17, which is an increase of 44.74% from the latest price.

Price Target
$127.17
(44.74% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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2 REITs Most Investors Should Own

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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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21 days 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...

22 days 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...

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4 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.

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4 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...

4 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...

4 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...

5 weeks 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...

5 weeks 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...

5 weeks 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...

5 weeks 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...

5 weeks 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 ...

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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 ...

2 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.

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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.

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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

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...

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3 months ago - Seeking Alpha

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 ...

3 months ago - Seeking Alpha

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...

3 months ago - Seeking Alpha