Shares of Real Estate sector company Iron Mountain moved -3.4% today, and are now trading at a price of $109.08. The Large-Cap stock's daily volume was 1,711,902 compared to its average volume of 2,083,561. The S&P 500 index returned a -0.0% performance.
Iron Mountain Incorporated (NYSE: IRM) is a global leader in information management services. The company is based in Portsmouth and has 27,000 full time employees. Its market capitalization is $31,997,091,840. Iron Mountain currently offers its equity investors a dividend that yields 2.3% per year.
7 analysts are following Iron Mountain and have set target prices ranging from $44.0 to $120.0 per share. On average, they have given the company a rating of buy. At today's prices, IRM is trading 9.71% away from its average analyst target price of $99.43 per share.
Over the last year, IRM's share price has increased by 74.0%, which represents a difference of 50.6% when compared to the S&P 500. The stock's 52 week high is $114.93 per share whereas its 52 week low is $56.51. Iron Mountain's average free cash flow over the last 5 years has been $212.17 Million, but they have been decreasing at an average rate of -22.9%. This may prove a challenge to the long term sustainability of the stock's upwards trend.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 1,113,567 | 1,339,223 | -225,656 | -531.32 |
| 2022 | 927,695 | 875,378 | 52,317 | -64.61 |
| 2021 | 758,902 | 611,082 | 147,820 | -73.09 |
| 2020 | 987,657 | 438,263 | 549,394 | 100.75 |
| 2019 | 966,655 | 692,983 | 273,672 | -42.44 |
| 2018 | 935,549 | 460,062 | 475,487 |
