Is Iron Mountain (IRM) stock a good buy or sell?
The pay of William L. Meaney, president and CEO of Boston-based Iron Mountain Inc. (NYSE: IRM), went up about 39% in large part due to $11.2 million in stock awards, according to the …
Is IRM stock still undervalued?
Mar 29, 2022 · Iron Mountain's stock was trading at $29.95 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, IRM stock has increased by 84.5% and is now trading at $55.27. View which stocks have been most impacted by COVID-19.
What does IRM stand for?
Find the latest Iron Mountain Incorporated (IRM) stock discussion in Yahoo Finance's forum. Share your opinion and gain insight from other stock traders and investors.
What does a hold rating mean for Iron Mountain Inc (IRM)?
Apr 11, 2022 · Why Iron Mountain Stock Might Be Undervalued finance.yahoo.com - April 5 at 8:00 AM: $1.23 Billion in Sales Expected for Iron Mountain Incorporated (NYSE:IRM) This Quarter americanbankingnews.com - April 2 at 1:20 AM: Iron Mountain's CEO pay rose 39% last year to over $17M finance.yahoo.com - April 1 at 4:55 PM
Is IRM a buy or sell?
Iron Mountain has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, no hold ratings, and 1 sell rating.
Is Iron Mountain a buy now?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Iron Mountain Incorporated stock to perform well in the short-term.
Why is IRM shorted?
A short squeeze for Iron Mountain occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of IRM, which in turn drives the price of the stock up even further.
Is IRM in a short squeeze?
Upside catalyst – short squeeze IRM is a heavily shorted REIT with an 8.1% short interest. This has the potential to be a squeeze in the future or perhaps a squeeze is partially responsible for the 15% pop between 2/24/22 and 2/25/22.Mar 7, 2022
Is IRM undervalued?
ITC, a long-undervalued stock, surged as much as 8 percent on September 16 to the highest level in seven months, after a period of consolidation since the beginning of 2021. The stock climbed to a high of Rs 233.50 on the BSE, the highest since February 9.Sep 16, 2021
How do I invest in Iron Mountain?
Effective February 25, 2019, Iron Mountain shareholders may purchase additional shares of common stock through Computershare's Direct Stock Purchase and Dividend Reinvestment Plan. Visit www.computershare.com to make a stock purchase.
Is Iron Mountain a buy right now?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Iron Mountain in the last twelve months. There are currently 1 sell rating...
How has Iron Mountain's stock been impacted by Coronavirus?
Iron Mountain's stock was trading at $29.95 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization...
When is Iron Mountain's next earnings date?
Iron Mountain is scheduled to release its next quarterly earnings announcement on Thursday, May 5th 2022. View our earnings forecast for Iron Moun...
How were Iron Mountain's earnings last quarter?
Iron Mountain Incorporated (NYSE:IRM) released its earnings results on Thursday, February, 24th. The financial services provider reported $0.43 EPS...
How often does Iron Mountain pay dividends? What is the dividend yield for Iron Mountain?
Iron Mountain announced a quarterly dividend on Thursday, February 24th. Shareholders of record on Tuesday, March 15th will be given a dividend of...
Is Iron Mountain a good dividend stock?
Iron Mountain pays an annual dividend of $2.47 per share and currently has a dividend yield of 5.07%. IRM has a dividend yield higher than 75% of a...
What guidance has Iron Mountain issued on next quarter's earnings?
Iron Mountain issued an update on its FY 2022 earnings guidance on Thursday, March, 10th. The company provided earnings per share guidance of for t...
What price target have analysts set for IRM?
3 analysts have issued twelve-month target prices for Iron Mountain's stock. Their forecasts range from $20.00 to $52.00. On average, they expect I...
Who are Iron Mountain's key executives?
Iron Mountain's management team includes the following people: William Leo Meaney , President, Chief Executive Officer & Director ( LinkedIn Pro...
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How much dividend does Iron Mountain pay?
Iron Mountain, Inc. engages in the provision of storage and information management solutions.
What is Iron Mountain?
Iron Mountain pays an annual dividend of $2.47 per share and currently has a dividend yield of 5.68%. IRM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Iron Mountain does not yet have a strong track record of dividend growth.
Iron Mountain Media Sentiment
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, information management, digital transformation, secure destruction, as well as data centers, cloud services and art storage and logistics, Iron Mountain helps customers lower cost and risk, comply with regulations, recover from disaster, and enable a more digital way of working.
Media Coverage
Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.
Iron Mountain (NYSE IRM) News Headlines Today
We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.
Signals & Forecast
Sentiment refers to the positivity or negativity of each headline according to our language processing algorithm.
Support, Risk & Stop-loss
The Iron Mountain Incorporated stock holds a sell signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock.
Is Iron Mountain Incorporated stock A Buy?
Iron Mountain Incorporated finds support from accumulated volume at $45.36 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
Component Grades
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Iron Mountain Incorporated stock to perform well in the short-term.
IRM POWR Grades
We have 9 different ratings for every stock to help you appreciate its future potential. You can unlock it all now.
IRM Stock Summary
IRM scores best on the Quality dimension, with a Quality rank ahead of 83.09% of US stocks.
IRM Valuation Summary
The capital turnover (annual revenue relative to shareholder's equity) for IRM is 3.74 -- better than 88.39% of US stocks.
IRM's Quality Factors
In comparison to the median Real Estate stock, IRM's price/sales ratio is 49.23% lower, now standing at 3.3.
Latest IRM News From Around the Web
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
Continue Researching IRM
Below are the latest news stories about Iron Mountain Inc that investors may wish to consider to help them evaluate IRM as an investment opportunity.
Iron Mountain Beats on Q4 FFO, Eyes Expansion in India
Want to see what other sources are saying about Iron Mountain Inc's financials and stock price? Try the links below:
Quarter in Detail
Iron Mountain reported fourth-quarter 2020 adjusted FFO (AFFO) per share of 66 cents, which surpassed the Zacks Consensus Estimate of 60 cents. However, the reported figure was 18% lower than the year-ago quarter’s 81 cents.
Project Summit Update
Storage revenues were $697 million in the December-end quarter, highlighting a 2.9% year-over-year increase on a constant-currency basis. The company recorded 1.7% organic growth year over year.
Outlook
Iron Mountain’s transformation program Project Summit focuses on simplifying its global structure, streamlining managerial structure and enhancing its customer experience.
Quarter Details
Iron Mountain provided an initial guidance for 2021 and expects the current-year AFFO per share of $3.25-$3.42.
Liquidity
Storage revenues were $696 million in the September-end quarter, highlighting a 3.8% year-over-year increase on a constant-currency basis. The company recorded 2.5% organic growth year over year.
Project Summit Update
The company exited the third quarter with $152 million of cash and cash equivalents, down from $193.6 million at 2019 end.
