What is Iridium Communications' (IRDM) stock symbol?
Iridium Communications trades on the NASDAQ under the ticker symbol "IRDM." Who are Iridium Communications' major shareholders? Iridium Communications' stock is owned by a variety of retail and institutional investors.
What are analysts' target prices for Iridium Communications' shares?
5 brokerages have issued 12 month target prices for Iridium Communications' shares. Their forecasts range from $14.00 to $33.00. On average, they expect Iridium Communications' share price to reach $26.70 in the next year. This suggests a possible upside of 9.8% from the stock's current price.
Where can I buy IRDM shares?
Shares of IRDM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here.
How has IRDM's stock performed during covid-19?
Iridium Communications' stock was trading at $23.02 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, IRDM shares have increased by 105.3% and is now trading at $47.27.
Should I buy or sell Iridium Communications stock right now?
5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Iridium Communications in the last year. There are currently 4 bu...
What is Iridium Communications' stock price forecast for 2022?
5 brokers have issued 12-month target prices for Iridium Communications' shares. Their forecasts range from $44.00 to $60.00. On average, they anti...
How has Iridium Communications' stock price performed in 2022?
Iridium Communications' stock was trading at $41.29 on January 1st, 2022. Since then, IRDM stock has decreased by 12.3% and is now trading at $36.2...
When is Iridium Communications' next earnings date?
Iridium Communications is scheduled to release its next quarterly earnings announcement on Tuesday, July 19th 2022. View our earnings forecast for...
How were Iridium Communications' earnings last quarter?
Iridium Communications Inc. (NASDAQ:IRDM) released its quarterly earnings results on Tuesday, April, 19th. The technology company reported $0.02 ea...
How will Iridium Communications' stock buyback program work?
Iridium Communications declared that its Board of Directors has approved a share buyback program on Tuesday, April 19th 2022, which authorizes the...
Who are Iridium Communications' key executives?
Iridium Communications' management team includes the following people: Mr. Matthew J. Desch , CEO & Director (Age 64, Pay $1.69M) ( LinkedIn Pro...
What is Matt Desch's approval rating as Iridium Communications' CEO?
48 employees have rated Iridium Communications CEO Matt Desch on Glassdoor.com . Matt Desch has an approval rating of 70% among Iridium Communicat...
Who are some of Iridium Communications' key competitors?
Some companies that are related to Iridium Communications include Lumentum (LITE) , AAC Technologies (AACAY) , ESCO Technologies (ESE) , Napco...
What is the IRDM symbol?
When will Iridium stock repurchase?
Iridium Communications trades on the NASDAQ under the ticker symbol "IRDM."
How much does Iridium Communications make?
Iridium Communications declared that its Board of Directors has initiated a stock repurchase program on Thursday, February 11th 2021, which permits the company to buyback $300,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 4.6% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's leadership believes its stock is undervalued.
What is iridium communications?
Iridium Communications has a market capitalization of $5.25 billion and generates $583.44 million in revenue each year. The technology company earns $-56,050,000.00 in net income (profit) each year or ($0.24) on an earnings per share basis.
What is the P/B ratio of Iridium?
Iridium Communications, Inc. is a mobile voice and data satellite communications network. Its satellite network provides communication where terrestrial wireless or wireline networks do not exist or are limited. The company's principal lines of business include Land Mobile, Maritime, Aviation, IoT Data Services, Hosted Payloads and Other Data Services, and Government. The Land Mobile business engages in the provision of mobile satellite communications services to the land mobile sector, providing handset services to areas not served or inconsistently served by existing terrestrial communications networks. The Maritime business provides broadband terminals, embedded devices and handsets. Its market space includes merchant shipping, fishing, research vessels and specialized water craft. The Aviation business provides mobile satellite communications services to the aviation sector. Its services are used in commercial and global government aviation applications, principally by corporate jets, corporate and government helicopter fleets, specialized general aviation fleets, such as medevac companies and fire suppression fleets, and high-end personal aircraft. The Iot Data Services provid
Does Iridium pay dividends?
Iridium Communications has a P/B Ratio of 3.81. P /B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.
Nasdaq Global Select
Iridium Communications does not currently pay a dividend.
Environmental, Social, and Governance Rating
Iridium Communications Inc. provides satellite voice and data communications services to businesses, the U.S. and foreign governments, non-governmental organizations, and consumers worldwide.
Business Summary
"B" score indicates good relative ESG performance and an above-average degree of transparency in reporting material ESG data publicly and privately. Scores range from AAA to D.
What is iridium communications?
Iridium Communications Inc. provides satellite voice and data communications services to businesses, the U.S. and foreign governments, non-governmental organizations, and consumers worldwide.
What is Morningstar quantitative rating?
Iridium Communications Inc offers voice and data communications services and products to businesses, U.S. and international government agencies, and other customers on a global basis. It is a provider of mobile voice and data communications services through a constellation of low earth-orbiting satellites. Reaching across land, sea, and air, including the polar regions, Iridium's solutions are ideally suited for industries such as maritime, aviation, government/military, emergency/humanitarian services, mining, forestry, oil and gas, heavy equipment, transportation, and utilities. Iridium also provides service to subscribers from the U.S. Department of Defense, as well as other civil and government agencies around the world.
Does Morningstar cover ratings?
Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating. Click here for more on how to use these ratings.
