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Iron Mountain Inc. (IRM)

Stock Price: $41.81 USD 0.51 (1.23%)
Updated May 10, 2021 4:00 PM EDT - Market closed
Market Cap 11.92B
Revenue (ttm) 4.16B
Net Income (ttm) 324.32M
Shares Out 288.71M
EPS (ttm) 1.13
PE Ratio 37.16
Forward PE 27.55
Dividend $2.47
Dividend Yield 5.92%
Trading Day May 10
Last Price $41.81
Previous Close $41.30
Change ($) 0.51
Change (%) 1.23%
Day's Open 41.49
Day's Range 41.08 - 42.17
Day's Volume 3,311,973
52-Week Range 19.86 - 42.17

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In trading on Friday, shares of Iron Mountain were yielding above the 6% mark based on its quarterly dividend (annualized to $2.474)

3 days ago - Forbes

BOSTON--(BUSINESS WIRE)--Iron Mountain Incorporated (NYSE: IRM), the global leader in innovative storage and information management services, today announced bold, forward-looking corporate responsibili...

3 days ago - Business Wire

Find out which companies delivered strong returns for shareholders.

Other stocks mentioned: K
4 days ago - The Motley Fool

While core storage business remains resilient in Q1, Iron Mountain's (IRM) performance is affected by service revenue declines. The company hikes guidance for 2021.

4 days ago - Zacks Investment Research

Iron Mountain Inc (NYSE: IRM) reported first-quarter FY21 revenue growth of 1% year-on-year to $1.08 billion, narrowly beating the analyst consensus of $1.07 billion. Storage Rental revenue rose 4% Y/Y ...

4 days ago - Benzinga

Iron Mountain (IRM) delivered FFO and revenue surprises of 26.56% and 1.83%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

4 days ago - Zacks Investment Research

BOSTON--(BUSINESS WIRE)--Iron Mountain Incorporated (NYSE: IRM), the global leader in innovative storage and information management services, announces financial and operating results for the first quar...

4 days ago - Business Wire

While strength in its core storage and record management businesses is likely to aid Iron Mountain's (IRM) Q1 results, low service activity level remains a hurdle for organic service revenues.

1 week ago - Zacks Investment Research

Add to Iron Mountain? #AskHalftime

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1 week ago - CNBC Television

BOSTON--(BUSINESS WIRE)--Iron Mountain Incorporated (NYSE: IRM), the storage and information management services company enabling digital transformation, today announced that Charlene Jackson has joined...

1 week ago - Business Wire

BOSTON--(BUSINESS WIRE)--Iron Mountain Incorporated (NYSE:IRM), the storage and information management services company, today announced that, further to the press release dated February 24, 2021, it ha...

2 weeks ago - Business Wire

Iron Mountain's (IRM) leasing of its data center in Phoenix with a U.S.-based Fortune 100 customer reflects the solid demand for the company's data-center space.

3 weeks ago - Zacks Investment Research

BOSTON--(BUSINESS WIRE)--Iron Mountain Incorporated (NYSE: IRM), the storage and information management services company, today announced that it has signed two leases with an existing U.S. based Fortun...

3 weeks ago - Business Wire

BOSTON--(BUSINESS WIRE)--Iron Mountain Incorporated (NYSE: IRM), the storage and information management services company, will report its first quarter 2021 financial results before market hours on Thur...

3 weeks ago - Business Wire

BOSTON--(BUSINESS WIRE)---- $IRM #CarbonFree--Iron Mountain Incorporated (NYSE:IRM), the storage and information management services company, today announced that it has taken a significant step forward...

3 weeks ago - Business Wire

Analysts called the Tesla crash and the big tumble in video streamers' stocks. But their warnings are still going unheeded on a number of S&P 500 companies.

Other stocks mentioned: AAL, AOS, BEN, EXPD, GPC, LUMN, NUE ...
1 month ago - Investors Business Daily

What is a dividend and which companies have the best-yielding dividends? Read on for a primer on how best to approach this method of investing.

Other stocks mentioned: CVX, EPD, ETFC, MO, MPLX, WMB
1 month ago - Investors Business Daily

According to the GuruFocus All-In-One Screener, a Premium feature, the following real estate stocks were trading with low price-sales ratios as of March 26.

Other stocks mentioned: CBRE, CIGI, JLL, WY
1 month ago - GuruFocus

Iron Mountain (IRM) reported earnings 30 days ago. What's next for the stock?

1 month ago - Zacks Investment Research

SANTA CLARA, Calif.--(BUSINESS WIRE)--Dremio, the innovation leader in data lake transformation, today announced the appointment of Robin Matlock to the Board of Directors and Anita Pandey as Chief Mark...

1 month ago - Business Wire

Investors still have a handful of high-paying options at their disposal if they just think a little outside the box.

Other stocks mentioned: APAM, OKE
1 month ago - The Motley Fool

Resilient storage volume is likely to drive organic storage revenue growth for Iron Mountain (IRM). Yet, low service activity levels and continued weakness in recycled paper prices remain hindrances.

1 month ago - Zacks Investment Research

BOSTON--(BUSINESS WIRE)--Iron Mountain Incorporated (NYSE: IRM), the storage and information management services company, announced that William Meaney, President & CEO will present at Citi's 2021 Virtu...

2 months ago - Business Wire

Despite organic growth in core storage business, Iron Mountain's (IRM) Q4 performance is affected by service revenue declines. The company enters into a joint venture for data-center expansion in India.

2 months ago - Zacks Investment Research

Iron Mountain (IRM) delivered FFO and revenue surprises of 10.00% and 1.80%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

BOSTON--(BUSINESS WIRE)--Iron Mountain Incorporated (NYSE:IRM), the storage and information management services company, today announced that it has entered into an agreement to form a joint venture wit...

2 months ago - Business Wire

BOSTON--(BUSINESS WIRE)--Iron Mountain Incorporated (NYSE: IRM), the storage and information management services company, announces financial and operating results for the fourth quarter and full year 2...

2 months ago - Business Wire

Despite strength in its data-center business, dwindling preference for stored records is likely to have impacted Iron Mountain's (IRM) storage volumes in Q4.

2 months ago - Zacks Investment Research

It isn't just GameStop and AMC -- these real estate investment trusts are big shorting targets.

Other stocks mentioned: MAC, SKT, SRG
2 months ago - The Motley Fool

BOSTON--(BUSINESS WIRE)--Iron Mountain Incorporated (NYSE: IRM), the storage and information management services company, will report its fourth quarter and full year 2020 financial results before marke...

3 months ago - Business Wire

BOSTON--(BUSINESS WIRE)---- $IRM #CEI2021--Iron Mountain Incorporated (NYSE: IRM), the storage and information management services company, is pleased to announce that it received a score of 100 percent...

3 months ago - Business Wire

Short Selling, Short Squeezes, And A Better Way To Win

Other stocks mentioned: AMC, BBY, GME, KOSS, NOK, PLTR, RLJ
3 months ago - Seeking Alpha

Finding yield in today's yield-less world is increasingly difficult After their recent recovery, REITs offer only 3%-4% on average.

Other stocks mentioned: LADR
3 months ago - Seeking Alpha

BOSTON--(BUSINESS WIRE)--Iron Mountain Incorporated (NYSE: IRM), the global leader in storage and information management services, announced the tax treatment for all 2020 distributions on its common st...

3 months ago - Business Wire

We share three of our top dividend picks in this report. We expect big things from these names in 2021.

Other stocks mentioned: AY, BDCS, BIZD, CLNC, CLNY, EVA, NEWT
3 months ago - Seeking Alpha

Iron Mountain's (IRM) customers at its NJE-1 data center in New Jersey will benefit from better connectivity options and local reach with DE-CIX's switch deployment at the company's facility.

3 months ago - Zacks Investment Research

Iron Mountain's 8.2% dividend yield is compelling for some investors but comes with risks. Because Iron Mountain's core storage business lacks growth, the company is attempting to expand into data centers.

3 months ago - Seeking Alpha

IRM made significant improvements in 2020. An improved balance sheet, numerous growth projects, and streamlining at the corporate level will all add to the bottom line.

3 months ago - Seeking Alpha

BOSTON--(BUSINESS WIRE)---- $IRM #DECIX--Iron Mountain Incorporated (NYSE:IRM), the storage and information management services company, today announced that DE-CIX, a world-leading internet exchange (I...

3 months ago - Business Wire

As incredible as it may seem, 2021 is already here, the holidays are over and everybody finally has returned to Wall Street for what could be a very different year for investors, compared with the rolle...

Other stocks mentioned: C, FL, HXL, KSU, NOW, OXY, RTX ...
4 months ago - 24/7 Wall Street

Iron Mountain has been left behind by the market rally, while it continues to grow storage and data volumes. I expect services revenue to pick back up in the second half of 2021 and see Project Summit d...

4 months ago - Seeking Alpha

Yield-starved investors are expected to flock to the REIT market because that remains the only option to earn income in this yield-less world.

Other stocks mentioned: ABR, FCPT, GOOD, IIPR
4 months ago - Zacks Investment Research

Presents are expressions of love and appreciation. I have spent my life crafting a method to help any investor see more success.

Other stocks mentioned: ANGL, MO, SPHD
4 months ago - Seeking Alpha

As a former real estate developer turned real estate investment trust (REIT) analyst, I'm trained to analyze risk. That's especially true in these continuing COVID-19 times.

Other stocks mentioned: ACC, CONE, DLR, DOC, ESS, EXR, HTA ...
4 months ago - Seeking Alpha

Iron Mountain is one of my top high growth REIT picks in 2021. I know that seems kind of odd since the other four high flying picks for 2021 are yielding an average of 2.75%.

4 months ago - Seeking Alpha

The S&P 500 has recovered handily off of its March lows to close out 2020 with a solid gain.

Other stocks mentioned: MO, OKE, XOM
4 months ago - 24/7 Wall Street

The days of 2020 are coming to a close, you have steps you need to consider. Make it a yearly tradition in your portfolio.

Other stocks mentioned: IEF, SPY, UTF, UTG, XLU
4 months ago - Seeking Alpha

BOSTON--(BUSINESS WIRE)-- #CHRO--Iron Mountain Incorporated (NYSE: IRM), the storage and information management services company enabling digital transformation, today announced that Edward E. Greene ha...

4 months ago - Business Wire

While a focus on data center portfolio expansion enables Iron Mountain (IRM) to capitalize on digitization, shrinking paper needs and a resultant decline in record management volumes remain headwinds.

4 months ago - Zacks Investment Research

Driven by strong demand for data-center space in Phoenix, Iron Mountain (IRM) signs expansion lease with a Fortune 100 customer at its AZP-2 data center.

4 months ago - Zacks Investment Research

About IRM

Iron Mountain Incorporated (NYSE: IRM), founded in 1951, is the global leader for storage and information management services. Trusted by more than 225,000 organizations around the world, and with a real estate network of more than 90 million square feet across approximately 1,450 facilities in approximately 50 countries, Iron Mountain stores and protects billions of valued assets, including critical business information, highly sensitive data, and cultural and historical artifacts. Providing solutions that include secure records storage, infor... [Read more...]

Industry
REIT-Specialty
IPO Date
Jan 31, 1996
Stock Exchange
NYSE
Ticker Symbol
IRM
Full Company Profile

Financial Performance

In 2020, Iron Mountain's revenue was $4.15 billion, a decrease of -2.71% compared to the previous year's $4.26 billion. Earnings were $342.69 million, an increase of 28.17%.

Financial Statements

Analyst Forecasts

According to 8 analysts, the average rating for Iron Mountain stock is "Buy." The 12-month stock price forecast is 34.43, which is a decrease of -17.65% from the latest price.

Price Target
$34.43
(-17.65% downside)
Analyst Consensus: Buy