Large-cap Real Estate company Iron Mountain has logged a 0.7% change today on a trading volume of 117,023. The average volume for the stock is 2,005,736.
Iron Mountain Incorporated (NYSE: IRM) is trusted by more than 240,000 customers in 61 countries, including approximately 95% of the Fortune 1000, to help unlock value and intelligence from their assets through services that transcend the physical and digital worlds. Based in Portsmouth, United States the company has 28,850 full time employees and a market cap of $27,140,198,400. Iron Mountain currently offers its equity investors a dividend that yields 3.0% per year.
The company is now trading -21.45% away from its average analyst target price of $117.62 per share. The 8 analysts following the stock have set target prices ranging from $45.0 to $140.0, and on average give Iron Mountain a rating of buy.
Over the last 52 weeks, IRM stock has risen 13.2%, which amounts to a -0.9% difference compared to the S&P 500. The stock's 52 week high is $130.24 whereas its 52 week low is $73.53 per share. With its net margins declining an average -26.7% over the last 6 years, Iron Mountain may not have a strong enough profitability trend to support its stock price.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 5,480,289 | 187,263 | 3 | -72.73 |
| 2022 | 5,103,574 | 562,149 | 11 | 10.0 |
| 2021 | 4,491,531 | 452,725 | 10 | 25.0 |
| 2020 | 4,147,270 | 343,096 | 8 | 33.33 |
| 2019 | 4,262,584 | 268,315 | 6 | -72.73 |
| 2018 | 1,603,306 | 355,131 | 22 |
