Iron Mountain Incorporated Stock Today

IRM Stock  USD 118.28  0.15  0.13%   

Performance

18 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 25

 
High
 
Low
Low
Iron Mountain is selling at 118.28 as of the 6th of October 2024; that is 0.13 percent decrease since the beginning of the trading day. The stock's lowest day price was 117.08. Iron Mountain has about a 25 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat solid performance during the last 90 days. Note, on January 3, 2024, Senator Thomas R Carper of US Senate acquired under $15k worth of Iron Mountain's common stock.
Business Domain
Equity Real Estate Investment Trusts (REITs)
IPO Date
31st of January 1996
Category
Real Estate
Iron Mountain Incorporated , founded in 1951, is the global leader for storage and information management services. 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. The company has 293.34 M outstanding shares of which 11.36 M shares are currently shorted by investors with about 7.98 days to cover. More on Iron Mountain Incorporated

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Moving against Iron Stock

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Iron Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOWilliam Meaney
Old Names[ISRAMCO, Isramco Inc]
Business ConcentrationOther Specialized REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, NYSE Composite, SP 500 Index, Real Estate, Specialized REITs, REIT—Specialty, Real Estate (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.01250.0105
Fairly Up
Pretty Stable
Asset Turnover0.450.3136
Way Up
Slightly volatile
Gross Profit Margin0.430.5698
Way Down
Very volatile
Net Debt15.3 B14.6 B
Sufficiently Up
Slightly volatile
Total Current Liabilities2.3 B2.2 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total15.6 B14.8 B
Sufficiently Up
Slightly volatile
Total Assets18.3 B17.5 B
Sufficiently Up
Slightly volatile
Total Current Assets932.3 M1.7 B
Way Down
Slightly volatile
Total Cash From Operating Activities1.2 B1.1 B
Sufficiently Up
Slightly volatile
Debt Levels
Iron Mountain can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Iron Mountain's financial leverage. It provides some insight into what part of Iron Mountain's total assets is financed by creditors.
Liquidity
Iron Mountain Incorporated has 14.79 B in debt. Iron Mountain has a current ratio of 0.88, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Iron to invest in growth at high rates of return.

Begin Period Cash Flow

169.09 Million
Iron Mountain Incorporated (IRM) is traded on New York Stock Exchange in USA. It is located in 85 New Hampshire Avenue, Portsmouth, NH, United States, 03801 and employs 27,000 people. Iron Mountain is listed under Other Specialized REITs category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 34.7 B. Iron Mountain runs under Specialized REITs sector within Real Estate industry. The entity has 293.34 M outstanding shares of which 11.36 M shares are currently shorted by investors with about 7.98 days to cover. Iron Mountain Incorporated has about 141.8 M in cash with 1.11 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.53.
Check Iron Mountain Probability Of Bankruptcy
Ownership Allocation
Iron Mountain Incorporated has a total of 293.34 Million outstanding shares. The majority of Iron Mountain outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Iron Mountain to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Iron Mountain Incorporated. Please pay attention to any change in the institutional holdings of Iron Mountain as this could imply that something significant has changed or is about to change at the company. Please note that on January 3, 2024, Senator Thomas R Carper of US Senate acquired under $15k worth of Iron Mountain's common stock.
Check Iron Ownership Details

Iron Stock Institutional Holders

InstituionRecorded OnShares
Wellington Management Company Llp2024-06-30
3.4 M
Fmr Inc2024-06-30
3.3 M
Charles Schwab Investment Management Inc2024-06-30
3.2 M
Norges Bank2024-06-30
3.2 M
Northern Trust Corp2024-06-30
M
Pictet Asset Manangement Sa2024-06-30
2.7 M
Centersquare Investment Management Llc2024-06-30
2.4 M
Amvescap Plc.2024-06-30
2.3 M
Amundi2024-06-30
2.3 M
Vanguard Group Inc2024-06-30
46.6 M
Blackrock Inc2024-06-30
27.9 M
View Iron Mountain Diagnostics

Iron Mountain Historical Income Statement

At this time, Iron Mountain's Net Income From Continuing Ops is very stable compared to the past year. As of the 6th of October 2024, Non Operating Income Net Other is likely to grow to about 84.3 M, while Total Revenue is likely to drop about 2.9 B. View More Fundamentals

Iron Stock Against Markets

Iron Mountain Corporate Directors

Robin MatlockIndependent DirectorProfile
Kent DautenLead Director, Independent DirectorProfile
Jennifer AllertonIndependent DirectorProfile
Paul DeningerIndependent DirectorProfile

Additional Information and Resources on Investing in Iron Stock

When determining whether Iron Mountain is a strong investment it is important to analyze Iron Mountain's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Iron Mountain's future performance. For an informed investment choice regarding Iron Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iron Mountain Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Other Specialized REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Iron Mountain. If investors know Iron will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Iron Mountain listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
308.278
Dividend Share
2.569
Earnings Share
0.78
Revenue Per Share
19.885
Quarterly Revenue Growth
0.13
The market value of Iron Mountain is measured differently than its book value, which is the value of Iron that is recorded on the company's balance sheet. Investors also form their own opinion of Iron Mountain's value that differs from its market value or its book value, called intrinsic value, which is Iron Mountain's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Iron Mountain's market value can be influenced by many factors that don't directly affect Iron Mountain's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Iron Mountain's value and its price as these two are different measures arrived at by different means. Investors typically determine if Iron Mountain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Iron Mountain's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.