Shares of Real Estate sector company Iron Mountain moved 2.0% today, and are now trading at a price of $105.32. The Large-Cap stock's daily volume was 907,402 compared to its average volume of 1,403,312. The S&P 500 index returned a 0.0% performance.
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. The company is based in Portsmouth and has 28,850 full time employees. Its market capitalization is $31,106,074,624. Iron Mountain currently offers its equity investors a dividend that yields 2.9% per year.
11 analysts are following Iron Mountain and have set target prices ranging from $44.0 to $140.0 per share. On average, they have given the company a rating of buy. At today's prices, IRM is trading -8.42% away from its average analyst target price of $115.0 per share.
Over the last year, IRM shares have gone down by -12.7%, which represents a difference of -29.4% when compared to the S&P 500. The stock's 52 week high is $130.24 per share and its 52 week low is $72.33. Although Iron Mountain's average free cash flow over the last 5 years has been $33.78 Million, they have been decreasing at an average rate of -18.0%. For this reason, investors may continue to shun the stock.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2024 | 1,196,708 | 1,791,564 | -594,856 | -163.61 |
| 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 |
