NYSE:IRM Iron Mountain (IRM) Stock Price, News & Analysis $112.24 +0.14 (+0.12%) (As of 11:07 AM ET) Add Compare Share Share Today's Range$111.51▼$112.5650-Day Range$87.33▼$109.6452-Week Range$56.51▼$112.79Volume215,745 shsAverage Volume1.65 million shsMarket Capitalization$32.90 billionP/E Ratio170.06Dividend Yield2.55%Price Target$99.83 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Iron Mountain alerts: Email Address Iron Mountain MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside11.4% Downside$99.83 Price TargetShort InterestHealthy4.35% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-0.70Upright™ Environmental ScoreNews Sentiment0.65Based on 21 Articles This WeekInsider TradingSelling Shares$8.87 M Sold Last QuarterProj. Earnings Growth6.87%From $4.22 to $4.51 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.37 out of 5 starsFinance Sector368th out of 863 stocksReal Estate Investment Trusts Industry73rd out of 176 stocks 1.3 Analyst's Opinion Consensus RatingIron Mountain has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 5 buy ratings, no hold ratings, and 1 sell rating.Amount of Analyst CoverageIron Mountain has only been the subject of 4 research reports in the past 90 days.Read more about Iron Mountain's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted4.35% of the outstanding shares of Iron Mountain have been sold short.Short Interest Ratio / Days to CoverIron Mountain has a short interest ratio ("days to cover") of 6.4.Change versus previous monthShort interest in Iron Mountain has recently decreased by 13.55%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldIron Mountain pays a meaningful dividend of 2.37%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthIron Mountain does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Iron Mountain is 433.33%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Iron Mountain will have a dividend payout ratio of 63.41% next year. This indicates that Iron Mountain will be able to sustain or increase its dividend.Read more about Iron Mountain's dividend. Previous Next 3.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreIron Mountain has received a 32.30% net impact score from Upright. Iron Mountain seems to create the most significant positive value in categories "Taxes", "Jobs", and "Knowledge infrastructure". The positive contribution in the "Knowledge infrastructure" impact category is mostly driven by its "Data center services", "Cloud management tools", and "Data warehouse software" products. See details.Environmental SustainabilityThe Environmental Impact score for Iron Mountain is -0.70. Previous Next 3.1 News and Social Media Coverage News SentimentIron Mountain has a news sentiment score of 0.65. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 21 news articles for Iron Mountain this week, compared to 8 articles on an average week.Search Interest28 people have searched for IRM on MarketBeat in the last 30 days. This is an increase of 12% compared to the previous 30 days.MarketBeat Follows30 people have added Iron Mountain to their MarketBeat watchlist in the last 30 days. This is an increase of 30% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn 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 $8,874,690.00 in company stock.Percentage Held by InsidersOnly 2.10% of the stock of Iron Mountain is held by insiders.Percentage Held by Institutions80.13% of the stock of Iron Mountain is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Iron Mountain's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Iron Mountain are expected to grow by 6.87% in the coming year, from $4.22 to $4.51 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Iron Mountain is 170.82, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 145.07.Price to Earnings Ratio vs. SectorThe P/E ratio of Iron Mountain is 170.82, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 50.08.Price to Earnings Growth RatioIron Mountain has a PEG Ratio of 6.49. PEG Ratios above 1 indicate that a company could be overvalued.Read more about Iron Mountain's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry ResearchMillionaire Investor Warns: “Brace for Apple Collapse”Apple stock has quadrupled over the past five years. But now even Warren Buffett is pulling the plug. The Oracle of Omaha just sold HALF his stake – worth more than $75 billion in the iconic tech company.To watch his fascinating interview which has taken Wall Street by storm, click here. About Iron Mountain Stock (NYSE:IRM)Iron Mountain Incorporated (NYSE: IRM) is a global leader in information management services. Founded in 1951 and trusted by more than 240,000 customers worldwide, Iron Mountain serves to protect and elevate the power of our customers' work. Through a range of offerings including digital transformation, data centers, secure records storage, information management, asset lifecycle management, secure destruction and art storage and logistics, Iron Mountain helps businesses bring light to their dark data, enabling customers to unlock value and intelligence from their stored digital and physical assets at speed and with security, while helping them meet their environmental goals.Read More IRM Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart IRM Stock News HeadlinesAugust 22 at 9:51 AM | insidertrades.comIron Mountain Incorporated (NYSE:IRM) COO Sells $110,000.00 in StockAugust 3, 2024 | insidertrades.comIron Mountain Incorporated (NYSE:IRM) COO Sells $300,930.00 in StockAugust 22, 2024 | Stansberry Research (Ad)The Strange Disappearance of MILLIONS of American JobsA former hedge fund manager who bought Apple at a split-adjusted 35 cents and Amazon at $2.40 (split adjusted) just went issued a major warning.August 21 at 11:29 PM | finance.yahoo.comInsider Sale: EVP, COO John Tomovcsik Sells 1,000 Shares of Iron Mountain Inc (IRM)August 20 at 8:00 AM | prnewswire.comIron Mountain Leverages MongoDB to Provide Customers with Customizable Digital Experiences to Manage Physical and Digital InformationAugust 19 at 8:18 PM | marketwatch.comIron Mountain Inc. stock underperforms Monday when compared to competitors despite daily gainsAugust 18, 2024 | ca.finance.yahoo.comIRM Sep 2024 100.000 callAugust 17, 2024 | ca.finance.yahoo.comIRM Sep 2024 97.500 callAugust 22, 2024 | Stansberry Research (Ad)The Strange Disappearance of MILLIONS of American JobsA former hedge fund manager who bought Apple at a split-adjusted 35 cents and Amazon at $2.40 (split adjusted) just went issued a major warning.August 16, 2024 | americanbankingnews.comIron Mountain Incorporated (NYSE:IRM) Given Average Rating of "Moderate Buy" by BrokeragesAugust 15, 2024 | msn.comSuperior Watershed Partnership hosting e-waste collection event August 21 in Iron MountainAugust 15, 2024 | marketwatch.comIron Mountain Inc. stock underperforms Thursday when compared to competitorsAugust 12, 2024 | msn.comPolice presence seen on property near Iron MountainAugust 9, 2024 | investorplace.comThe 7 Best Dividend Stocks to Buy Now: August 2024August 9, 2024 | msn.comIron Mountain company Guide Star recognized for support of veteransAugust 7, 2024 | nasdaq.comValidea Detailed Fundamental Analysis - IRMAugust 6, 2024 | finance.yahoo.comIron Mountain Vs Digital Realty: Which Is The Best Data Center Dividend REIT Stock To Buy?August 6, 2024 | finance.yahoo.comIron Mountain Transforms the Information Experience With New Digital Experience PlatformSee More Headlines Receive IRM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Iron Mountain and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 7/5 Dividend6/17/2024Dividend Payable7/05/2024Last Earnings8/01/2024Today8/22/2024Ex-Dividend for 10/3 Dividend9/16/2024Dividend Payable10/03/2024Next Earnings (Estimated)11/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryDiversified Support Services Current SymbolNYSE:IRM CUSIP46284610 CIK1020569 Webwww.ironmountain.com Phone(617) 535-4766Fax617-350-7881Employees27,000Year Founded1951Price Target and Rating Average Stock Price Target$99.83 High Stock Price Target$121.00 Low Stock Price Target$44.00 Potential Upside/Downside-11.4%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$0.66 Trailing P/E Ratio170.82 Forward P/E Ratio26.72 P/E Growth6.49Net Income$184.23 million Net Margins3.94% Pretax Margin4.83% Return on Equity595.44% Return on Assets3.06% Debt Debt-to-Equity Ratio674.63 Current Ratio0.79 Quick Ratio0.86 Sales & Book Value Annual Sales$5.82 billion Price / Sales5.68 Cash Flow$4.68 per share Price / Cash Flow24.10 Book Value($0.45) per share Price / Book-250.53Miscellaneous Outstanding Shares293,133,000Free Float286,977,000Market Cap$33.05 billion OptionableOptionable Beta0.98 Social Links Reduce the RiskMarket downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.Get This Free Report Key ExecutivesMr. William L. Meaney BSc (Age 64)MEng, MSIA, President, CEO & Director Comp: $3.69MMr. Barry A. Hytinen (Age 49)Executive VP & CFO Comp: $1.75MMr. John Tomovcsik (Age 56)Executive VP & COO Comp: $1.23MMr. Mark Kidd (Age 43)Executive VP and GM of Iron Mountain Data Centers & Asset Lifecycle Management Comp: $1.69MMr. Greg W. McIntosh CA (Age 51)Executive VP, Chief Commercial Officer and GM of Global Records & Information Management Comp: $1.21MMr. Daniel Borges (Age 55)Chief Accounting Officer & Senior VP Ms. Gillian TiltmanSenior VP & Head of Investor RelationsMs. Deborah Marson (Age 70)Executive VP, General Counsel & Secretary Mr. Edward E. Greene (Age 61)Executive VP & Chief Human Resources Officer Mr. Garry B. WatzkeSenior Vice PresidentMore ExecutivesKey CompetitorsCintasNASDAQ:CTASCopartNASDAQ:CPRTUniFirstNYSE:UNFMcGrath RentCorpNASDAQ:MGRCOPENLANENYSE:KARView All CompetitorsInsiders & InstitutionsTruist Financial CorpSold 2,637 shares on 8/21/2024Ownership: 0.021%Edward Baker-GreeneSold 2,262 sharesTotal: $248,254.50 ($109.75/share)B. Riley Wealth Advisors Inc.Sold 960 shares on 8/19/2024Ownership: 0.010%EP Wealth Advisors LLCBought 1,580 shares on 8/19/2024Ownership: 0.005%John TomovcsikSold 1,000 sharesTotal: $110,000.00 ($110.00/share)View All Insider TransactionsView All Institutional Transactions Should I Buy Iron Mountain Stock? IRM Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Iron Mountain Incorporated: Iron Mountain's revenue was up 13.0% compared to the same quarter last year, indicating strong growth potential. Research analysts anticipate that Iron Mountain will post 4.22 EPS for the current fiscal year, showing positive earnings outlook. Iron Mountain recently increased its quarterly dividend from $0.65 to $0.715 per share, reflecting a positive change and a dividend yield of 2.71%. Wall Street analysts have given Iron Mountain a "Moderate Buy" rating with an average price target of $95.29, suggesting confidence in the company's performance. Insiders have been actively buying and selling Iron Mountain stock, indicating confidence in the company's future prospects. Cons Investors should be bearish about investing in Iron Mountain Incorporated for these reasons: Iron Mountain's dividend payout ratio is 433.33%, which may be considered high and could potentially limit future dividend growth. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, August 18, 2024. Please send any questions or comments about these Iron Mountain pros and cons to contact@marketbeat.com. IRM Stock Analysis - Frequently Asked Questions How have IRM shares performed this year? Iron Mountain's stock was trading at $69.98 on January 1st, 2024. Since then, IRM shares have increased by 61.1% and is now trading at $112.74. View the best growth stocks for 2024 here. How were Iron Mountain's earnings last quarter? Iron Mountain Incorporated (NYSE:IRM) released its quarterly earnings data on Thursday, August, 1st. The financial services provider reported $0.42 earnings per share for the quarter, missing analysts' consensus estimates of $1.01 by $0.59. Iron Mountain's quarterly revenue was up 13.0% compared to the same quarter last year. Read the conference call transcript. What is William Meaney's approval rating as Iron Mountain's CEO? 459 employees have rated Iron Mountain Chief Executive Officer William Meaney on Glassdoor.com. William Meaney has an approval rating of 62% among the company's employees. This puts William Meaney in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. Does Iron Mountain have any subsidiaries? The following companies are subsidiaries of Iron Mountain: NxtGen Data Center & Cloud Services, EvoSwitch, IO.com, Bonded Services Group, Fortrust, EAC Invest, Fairfield Fine Art, and others. Who are Iron Mountain's major shareholders? Top institutional investors of Iron Mountain include Daiwa Securities Group Inc. (1.54%), Dimensional Fund Advisors LP (1.46%), Legal & General Group Plc (1.33%) and AGF Management Ltd. (0.77%). Insiders that own company stock include William L Meaney, Barry Hytinen, Deborah Marson, Mark Kidd, Walter C Rakowich, Robin Matlock, Wendy J Murdock, Greg W Mcintosh, Jennifer Allerton, John Tomovcsik, Edward Baker-Greene, Deirdre Evens and Daniel Borges. View institutional ownership trends. How do I buy shares of Iron Mountain? Shares of IRM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Iron Mountain own? Based on aggregate information from My MarketBeat watchlists, some other companies that Iron Mountain investors own include Home Depot (HD), AT&T (T), StoneMor (STON), AbbVie (ABBV), Enterprise Products Partners (EPD), Kinder Morgan (KMI) and Verizon Communications (VZ). 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