Iron Mountain Incorporated (IRM)
| Market Cap | 34.13B |
| Revenue (ttm) | 5.99B |
| Net Income (ttm) | 104.71M |
| Shares Out | 293.46M |
| EPS (ttm) | 0.36 |
| PE Ratio | 325.95 |
| Forward PE | 59.22 |
| Dividend | $2.86 (2.46%) |
| Ex-Dividend Date | Sep 16, 2024 |
| Volume | 691,915 |
| Open | 115.60 |
| Previous Close | 116.51 |
| Day's Range | 114.91 - 116.52 |
| 52-Week Range | 62.58 - 130.24 |
| Beta | 1.02 |
| Analysts | Strong Buy |
| Price Target | 129.40 (+11.26%) |
| Earnings Date | Nov 6, 2024 |
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 2023, Iron Mountain's revenue was $5.48 billion, an increase of 7.38% compared to the previous year's $5.10 billion. Earnings were $184.23 million, a decrease of -66.92%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for IRM stock is "Strong Buy." The 12-month stock price forecast is $129.4, which is an increase of 11.26% from the latest price.
News
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...
Iron Mountain Incorporated (IRM) JPMorgan Ultimate Services Investor Conference (Transcript)
Iron Mountain Incorporated (NYSE:IRM) JPMorgan Ultimate Services Investor Conference November 14, 2024 1:50 PM ET Company Participants Barry Hytinen - CFO Conference Call Participants Alex Hess - JPM...
Managing Risk Is What Separates The Best From The Rest
Successful investing requires second-level thinking, which involves deeper analysis beyond simple formulas, as highlighted by Howard Marks in "The Most Important Thing". Iron Mountain's transformation...
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 J.P. M...
Iron Mountain Incorporated (IRM) Q3 2024 Earnings Call Transcript
Iron Mountain Incorporated (NYSE:IRM) Q3 2024 Earnings Conference Call November 6, 2024 8:30 AM ET Company Participants Gillian Tiltman - SVP & Head, IR William Meaney - President & CEO Barry Hytinen...
Iron Mountain third-quarter FFO rises amid strong data center demand
Iron Mountain on Wednesday posted a rise in its funds from operations (FFO) for the third quarter, driven by robust demand for its data centers.
Iron Mountain Reports Third Quarter Results
PORTSMOUTH, N.H.--(BUSINESS WIRE)--Iron Mountain Incorporated (NYSE: IRM), a global leader in information management services, announces financial results for the third quarter of 2024. The conference...
The Big 3: IRM, NFLX, RTX
Aquiles Larrea is a fan of today's Big 3, it just comes to down to when investors should jump onto the stocks. He joins Rick Ducat in breaking down the technical trends for Iron Mountain (IRM), Netfli...
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Iron Mountain Schedules Third Quarter 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 third quarter 2024 financial results before market hours ...
Iron Mountain's Rapid Ascent Necessitates A Downgrade
Iron Mountain has seen significant growth, with the stock up 300.3% since February 2021. The company's Global RIM segment and Global Data Center Business have both shown robust revenue and profit grow...
Iron Mountain Incorporated (IRM) 2024 RBC Capital Markets Global Communications Infrastructure Conference (Transcript)
Iron Mountain Incorporated (NYSE:IRM) 2024 RBC Capital Markets Global Communications Infrastructure Conference September 24, 2024 11:40 AM ET Company Participants Bill Meaney - Chief Executive Office...
Iron Mountain: Deserves A Downgrade, Overly Expensive Here
IRM's stock price rally has been occurred overly fast and furious, attributed to the recent market rotation and rich dividend hike. While the long-term trends surrounding generative AI and data center...
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Equity REITs, distinct from mortgage REITs, generate income from rental leases and capital appreciation, offering high yields and tax advantages by distributing 90% of taxable income. My portfolio, Ro...
Iron Mountain stock is overvalued and overbought: buy or sell?
Iron Mountain (NYSE: IRM) stock price has gone parabolic this year, making it one of the top-performing companies in the S&P 500 index. It has risen in the last five consecutive months and is sitting ...
Iron Mountain Incorporated (IRM) Goldman Sachs Communacopia + Technology Conference (Transcript)
Iron Mountain Incorporated (NYSE:IRM) Goldman Sachs Communacopia + Technology Conference September 10, 2024 11:50 AM ET Company Participants Barry Hytinen - CFO Conference Call Participants George To...
Three-Stock Lunch: Nvidia, Dollar Tree, & Iron Mountain
James Demmert, Main Street Research chief investment officer, joins CNBC's 'Power Lunch' to discuss outlooks on three stocks: Nvidia, Dollar Tree, and Iron Mountain.
Iron Mountain Stock Is Clearly Overvalued
Iron Mountain Incorporated is a REIT specializing in data storage with good growth prospects, but is overvalued at 32x FFO. The trust has a strong customer base, recurring revenue, and a growth strate...
Bert's July Dividend Income Summary (2024)
In July 2024, we received $1,683.75 in dividend income. We have been buying at least 4 shares of SCHD every single week. I accepted a long time ago that Leggett & Platt's dividend cut was terrible.
Iron Mountain Leverages MongoDB to Provide Customers with Customizable Digital Experiences to Manage Physical and Digital Information
Leader in information management services uses MongoDB Atlas and MongoDB Atlas Vector Search for intelligent document processing, workflow automation, and information governance capabilities on a unif...
Dividend Income: Lanny's July 2024 Summary
In July, we (my wife and I) received a dividend income total of $2,836.82. 2023 was up 24%. 7 months down in 2024 and the S&P 500 is still up almost 13%, despite the recent sell-offs. We have a high l...
4 REITs With Fastest Dividend Growth
REITs have crashed, but their dividends have kept growing. Some of them are growing their dividends at a very rapid pace. Here are 4 REITs with >10% annual dividend growth rates.