Iron Mountain Incorporated (IRM)
| Market Cap | 29.48B |
| Revenue (ttm) | 6.27B |
| Net Income (ttm) | 122.05M |
| Shares Out | 295.04M |
| EPS (ttm) | 0.41 |
| PE Ratio | 243.54 |
| Forward PE | 47.06 |
| Dividend | $3.14 (3.06%) |
| Ex-Dividend Date | Jun 16, 2025 |
| Volume | 2,226,575 |
| Open | 102.02 |
| Previous Close | 102.57 |
| Day's Range | 99.64 - 103.00 |
| 52-Week Range | 72.33 - 130.24 |
| Beta | 1.10 |
| Analysts | Strong Buy |
| Price Target | 123.00 (+23.09%) |
| Earnings Date | Jul 31, 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]
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 Summary
According to 7 analysts, the average rating for IRM stock is "Strong Buy." The 12-month stock price target is $123.0, which is an increase of 23.09% from the latest price.
News
Iron Mountain: Generative AI May Pop The Bubble
IRM's valuation is unsustainably high, trading at a 100% premium to REIT peers despite core business risks. Growth is still driven by the paper storage segment, but I see secular decline risk as digit...
Iron Mountain Provides Update on U.S. Government Digital Award
PORSTMOUTH, N.H.--(BUSINESS WIRE)--Iron Mountain (NYSE: IRM), a global leader in information management services, today provided an update on its recently awarded contract by the U.S. Department of th...
REITs: The Riches Are In The Niches
REITs offer diversified, inflation-hedged income and capital appreciation, making them a compelling addition to any long-term investment portfolio. Current REIT valuations are attractive, with strong ...
Iron Mountain: Cheaply Priced Growth And Income Prospects - Maintain Buy
IRM's well diversified prospects as a physical and digital storage provider has paid off handsomely, as observed in its blended organic growth rate of +11% YoY. This is especially relevant since marke...
REIT Replay: REIT Share Prices Rise With Broader Market In Week Ended May 2
The Dow Jones Equity All REIT index closed the recent week up 3.31%, compared with a 2.92% increase for the S&P 500 and a 3.00% gain for the Dow Jones Industrial Average. The self-storage REIT index j...
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...
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...
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...
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...
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 ...
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...
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.
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.
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.
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...
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...
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.
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...
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...