Iron Mountain Incorporated (IRM)

NYSE: IRM · Real-Time Price · USD
97.16
+1.40 (1.46%)
At close: May 5, 2025, 4:00 PM
97.00
-0.16 (-0.16%)
After-hours: May 5, 2025, 4:08 PM EDT
1.46%
Market Cap 28.67B
Revenue (ttm) 6.27B
Net Income (ttm) 122.05M
Shares Out 295.04M
EPS (ttm) 0.41
PE Ratio 236.81
Forward PE 46.21
Dividend $3.14 (3.23%)
Ex-Dividend Date Jun 16, 2025
Volume 1,520,991
Open 95.55
Previous Close 95.76
Day's Range 95.55 - 97.77
52-Week Range 72.33 - 130.24
Beta 1.10
Analysts Strong Buy
Price Target 122.57 (+26.15%)
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 26.15% from the latest price.

Price Target
$122.57
(26.15% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Iron Mountain Incorporated (IRM) Q1 2025 Earnings Call Transcript

Iron Mountain Incorporated (NYSE:IRM) Q1 2025 Earnings Conference Call May 1, 2025 8:30 AM ET Company Participants Mark Rupe - SVP of IR Bill Meaney - President and CEO Barry Hytinen - EVP and CFO Co...

4 days ago - Seeking Alpha

Iron Mountain lifts forecast as AI boom fuels demand for data center leases

Real estate investment trust Iron Mountain raised its annual earnings forecast on Thursday, betting on surging demand for its data center leases from businesses looking to adopt artificial intelligenc...

4 days ago - Reuters

Iron Mountain Reports First Quarter 2025 Results

PORTSMOUTH, N.H.--(BUSINESS WIRE)--Iron Mountain Incorporated (NYSE: IRM), a global leader in information management services, announces financial results for the first quarter of 2025. “We are please...

4 days ago - Business Wire

Hammered Prices, Elevated Yields: Iron Mountain's Income Sweet Spot

Iron Mountain (IRM) stock has declined significantly, but its dividend yield is now more attractive, supported by a robust underlying business and capital discipline. The company excels in providing c...

6 days ago - Seeking Alpha

Warning: These REITs Are A Dumpster Fire In 2025

We live in a very challenging environment. Many REITs are facing severe headwinds. Don't buy just anything. Here are some of the worst REITs to buy today.

16 days ago - Seeking Alpha

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 ...

25 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...

26 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.

4 weeks 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
6 weeks 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.

Other symbols: ARECLPREPRNNNVNQ
7 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.

Other symbols: SLGSPGVNQ
2 months 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...

2 months 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
2 months 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
2 months 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...

2 months 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...

2 months 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...

3 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...

3 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...

3 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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3 months ago - Seeking Alpha