How much of Iron Mountain's stock is owned by insiders?
In the past three months, Iron Mountain insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,624,624.00 in company stock. Only 2.10% of the stock of Iron Mountain is held by insiders. 78.22% of the stock of Iron Mountain is held by institutions.
Should you put a cash-secured put on Iron Mountain stock?
Iron Mountain is showing some decent ratings and setting up a cup-with-handle pattern on its chart. A cash-secured put on IRM stock can bring a little income to your account or get you into the stock at a discount.
Is Iron Mountain’s dividend sustainable?
Iron Mountain has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Iron Mountain is 112.27%. Payout ratios above 75% are not desirable because they may not be sustainable.
What are analysts'target price targets for Iron Mountain's stock?
7 analysts have issued 12-month price objectives for Iron Mountain's stock. Their forecasts range from $21.00 to $39.00. On average, they anticipate Iron Mountain's share price to reach $30.94 in the next twelve months. This suggests that the stock has a possible downside of 8.9%.
Is IRM a buy or sell?
For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25)....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy25.08%2Buy18.56%3Hold10.15%4Sell5.79%2 more rows
Should I sell Iron Mountain stock?
The consensus among Wall Street equities research analysts is that investors should "hold" Iron Mountain stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IRM, but not buy additional shares or sell existing shares.
Is IRM overvalued?
Price to Book Ratio PB vs Industry: IRM is overvalued based on its Price-To-Book Ratio (18.1x) compared to the US REITs industry average (1.5x).
Is IRM in a 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. At Portfolio Income Solutions we do the rigorous analysis to determine which stocks will work and which won't.
Is IRM a good stock to buy 2021?
The market hasn't been so kind to IRM since the start of the year, with the share price dropping from the $53 level achieved at the end of 2021 to $44.77 at present. IRM is now trading below its 50-day moving average of $48, and just around its 200-day moving average of $44.
How much debt does Iron Mountain have?
IRM's current long-term debt is about $9B.
Should I buy Iron Mountain?
IRM boasts a Momentum Style Score of B and VGM Score of B, and holds a Zacks Rank #3 (Hold) rating. Shares of Iron Mountain has seen some interesting price action recently; the stock is up 0.4% over the past one week and up 8.3% over the past four weeks. And in the last one-year period, IRM has gained 48.9%.
What type of company is IRM?
enterprise information management services company(NYSE: IRM) is an American enterprise information management services company founded in 1951 and headquartered in Boston, Massachusetts....Iron Mountain Inc.TypePublicTraded asNYSE: IRM S&P 500 ComponentIndustryInformation storage Enterprise information managementFounded195111 more rows
How do I invest in Iron Mountain?
How to buy shares in Iron Mountain IncorporatedCompare share trading platforms. Use our comparison table to help you find a platform that fits you.Open your brokerage account. ... Confirm your payment details. ... Research the stock. ... Purchase now or later. ... Check in on your investment.
Should I buy or sell Iron Mountain stock right now?
2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Iron Mountain in the last twelve months. There are curre...
What is Iron Mountain's stock price forecast for 2022?
2 Wall Street research analysts have issued 12 month target prices for Iron Mountain's stock. Their forecasts range from $20.00 to $62.00. On avera...
How has Iron Mountain's stock price performed in 2022?
Iron Mountain's stock was trading at $52.33 at the beginning of 2022. Since then, IRM stock has decreased by 2.5% and is now trading at $51.04. Vi...
When is Iron Mountain's next earnings date?
Iron Mountain is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022. View our earnings forecast for Iron M...
How were Iron Mountain's earnings last quarter?
Iron Mountain Incorporated (NYSE:IRM) released its quarterly earnings results on Thursday, April, 28th. The financial services provider reported $0...
How often does Iron Mountain pay dividends? What is the dividend yield for Iron Mountain?
Iron Mountain announced a quarterly dividend on Thursday, April 28th. Shareholders of record on Wednesday, June 15th will be given a dividend of $0...
Is Iron Mountain a good dividend stock?
Iron Mountain(NYSE:IRM) pays an annual dividend of $2.47 per share and currently has a dividend yield of 4.85%. IRM has a dividend yield higher tha...
What guidance has Iron Mountain issued on next quarter's earnings?
Iron Mountain issued an update on its FY 2022 earnings guidance on Monday, May, 9th. The company provided earnings per share (EPS) guidance of for...
Who are Iron Mountain's key executives?
Iron Mountain's management team includes the following people: Mr. William L. Meaney BSc , MEng, MSIA, Pres, CEO & Director (Age 62, Pay $4.42M)...
How much dividend does Iron Mountain pay?
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.
What happened
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.
So what
Shares of information-storage specialist Iron Mountain (NYSE: IRM) dropped 9.3% after reporting Q1 2019 earnings this morning and never really got back up off the mat. By the time trading closed for the day, Iron Mountain shares were still down a disheartening 8.9%.
Now what
Funds from operations for the quarter came in at $0.48 per share, $0.05 below consensus estimates. Revenue was $1.05 billion -- just a hair short of the $1.06 billion that Wall Street was expecting.
Iron Mountain Information Management, LLC -- Moody's announces completion of a periodic review of ratings of Iron Mountain Incorporated
By whatever yardstick you might like to use, Iron Mountain had a bad quarter, a fact management blamed on "temporary higher labor costs in our North America businesses." Nevertheless, CEO William Meaney insisted that Iron Mountain is sticking with its guidance for the rest of this year and still thinks the company can grow its sales 1% to 6% and grow adjusted funds from operations (AFFO) 1% to 8%..
Iron Mountain (IRM) Dips More Than Broader Markets: What You Should Know
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Iron Mountain IncorporatedGlobal Credit Research - 18 Feb 2022New York, February 18, 2022 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Iron Mountain Incorporated and other ratings that are associated with the same analytical unit.
Quarter Details
Iron Mountain (IRM) closed at $43.65 in the latest trading session, marking a -1.76% move from the prior day.
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. Service revenues amounted to $340 million in the reported quarter, indicating a year-over-year fall of 12.2% on a constant-currency basis.
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. As of the third-quarter end, the company had total liquidity of $1.7 billion.
