- REIT - Specialty
- Real Estate
-
0.78
EPS
-
138.68
P/E
-
31.8B
MARKET CAP
-
2.40%
DIV YIELD
Company Overview
ONE FEDERAL STREET,BOSTON MA 02110,617-535-4781
CEO
Mr. William L. Meaney BSc, MEng, MSIA
Employess
27000
Sector
Real Estate
Industry
REIT - Specialty
Website
https://www.ironmountain.com
Iron Mountain Incorporated (NYSE: IRM), founded in 1951, is the global leader for storage and information management services. Trusted by more than 225,000 organizations around the world, and with a real estate network of more than 90 million square feet across approximately 1,450 facilities in approximately 50 countries, Iron Mountain stores and protects billions of valued assets, including critical business information, highly sensitive data, and cultural and historical artifacts. 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.
Next Earnings Date
Nov. 7, 2024
Ex Dividends date
Oct. 03, 2024
Dividend Date
Sept. 16, 2024
YTD Performance
58.01%
Fiscal Year End
12-31
IPO Date
1996-02-01
Growth Rates
(avg. rate of change) | 10 years | 5 years | 3 years | 1 year |
---|---|---|---|---|
Sales/Revenue | 6.12% | 5.34% | 9.74% | 7.38% |
EPS | 2.14% | -13.08% | -19.10% | -67.19% |
Equity | -14.78% | -35.42% | -42.90% | -66.76% |
Cash | 6.34% | 6.13% | 2.80% | 57.12% |
Return On Capital (ROIC) | 6.61% | 5.43% | 5.59% | 5.07% |
Debt
year (millions) | 2023 | 2022 | 2021 | 2020 | 2019 |
---|---|---|---|---|---|
Short Term Debt | 412 | 376 | 309 | 194 | 389 |
Long Term Debt | 14,400 | 12,900 | 11,100 | 10,600 | 10,000 |
LT Finance Leases | 2,850 | 2,720 | 2,170 | 2,040 | 1,730 |
Shares Outstanding | 292 | 291 | 289 | 288 | 287 |
Market Cap | 20,400 | 14,500 | 15,100 | 8,500 | 9,150 |
Price
News
Iron Mountain (IRM) Rises 53.4% YTD: Will the Trend Last?
1 monthA recurring revenue model and expansion into the data center business will likely drive Iron Mountain's (IRM) performance despite the elevated interest rate environment.
zacks.comThe 7 Best Dividend Stocks to Buy Now: August 2024
1 monthYou don't have to buy real estate to generate cash flow from your assets. Not only is it easier to buy the best dividend stocks with any amount of capital, but it also takes less work to stay on top of these investments.
investorplace.comDividend Income: Lanny's July 2024 Summary
1 monthIn July, we (my wife and I) received a dividend income total of $2,836.82. 2023 was up 24%. 7 months down in 2024 and the S&P 500 is still up almost 13%, despite the recent sell-offs. We have a high likelihood of a rate cut in September, but too much speculation is happening beyond that date. Time is ticking on that FOMC meeting.
seekingalpha.com4 REITs With Fastest Dividend Growth
1 monthREITs have crashed, but their dividends have kept growing. Some of them are growing their dividends at a very rapid pace. Here are 4 REITs with >10% annual dividend growth rates.
seekingalpha.com3 Overrated REITs To Avoid
1 monthREITs are starting to regain investors' respect. But some of them are getting overhyped. I highlight 3 overrated REITs that I would avoid.
seekingalpha.comIron Mountain's (IRM) Q2 AFFO Beat Estimates, Revenues Rise Y/Y
2 monthsIron Mountain's (IRM) Q2 results reflect a year-over-year rise in revenues backed by solid storage and service segments and the data-center business performance. However, high interest expenses ail.
zacks.comHere's What Key Metrics Tell Us About Iron Mountain (IRM) Q2 Earnings
2 monthsAlthough the revenue and EPS for Iron Mountain (IRM) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
zacks.comIron Mountain Incorporated (IRM) Q2 2024 Earnings Call Transcript
2 monthsIron Mountain Incorporated (NYSE:IRM ) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Gillian Tiltman - SVP and Head, IR William Meaney - President and CEO Barry Hytinen - EVP and CFO Conference Call Participants George Tong - Goldman Sachs Kevin McVeigh - UBS Nate Crossett - BNP Alexander Hess - JPMorgan Eric Luebchow - Wells Fargo Shlomo Rosenbaum - Stifel Brendan Lynch - Barclays Jon Atkin - RBC Operator Good morning and welcome to the Iron Mountain Second Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode.
seekingalpha.comIron Mountain (IRM) Q2 FFO and Revenues Surpass Estimates
2 monthsIron Mountain (IRM) came out with quarterly funds from operations (FFO) of $1.08 per share, beating the Zacks Consensus Estimate of $1.06 per share. This compares to FFO of $0.94 per share a year ago.
zacks.comIron Mountain second-quarter FFO jumps on strong demand for data storage
2 monthsIron Mountain on Thursday posted a rise in funds from operations (FFO) for the second quarter, on the back of rising demand for its data-center business.
reuters.comWhat Are the Hottest Growth Stocks Right Now? 7 Top Picks.
2 monthsInvesting in growth stocks gives investors the opportunity to outperform major benchmarks like the S&P 500 and the Nasdaq Composite. Growth-oriented firms regularly exhibit rising revenue.
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investorplace.com