Iron Mountain Incorporated (NYSE:IRM) Given Consensus Rating of “Moderate Buy” by Analysts

Iron Mountain Incorporated (NYSE:IRM) has earned an average rating of “Moderate Buy” from the six ratings firms that are presently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $131.6667.

IRM has been the topic of several analyst reports. Loop Capital set a $130.00 price objective on Iron Mountain in a report on Wednesday, March 4th. JPMorgan Chase & Co. boosted their target price on Iron Mountain from $121.00 to $138.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. Wells Fargo & Company boosted their target price on Iron Mountain from $125.00 to $135.00 and gave the company an “overweight” rating in a research note on Tuesday, April 21st. Truist Financial set a $140.00 target price on Iron Mountain in a research note on Friday, May 1st. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Iron Mountain in a research note on Tuesday, April 21st.

Insider Buying and Selling

In other news, CAO Daniel Borges sold 7,189 shares of the business’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $125.50, for a total value of $902,219.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Walter C. Rakowich sold 757 shares of the business’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $124.45, for a total value of $94,208.65. Following the completion of the sale, the director directly owned 1,135 shares of the company’s stock, valued at approximately $141,250.75. This trade represents a 40.01% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 505,960 shares of company stock worth $55,265,802 in the last 90 days. 1.70% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Garton & Associates Financial Advisors LLC purchased a new position in Iron Mountain during the 4th quarter valued at about $25,000. Beaird Harris Wealth Management LLC increased its holdings in Iron Mountain by 17,500.0% during the 4th quarter. Beaird Harris Wealth Management LLC now owns 352 shares of the financial services provider’s stock valued at $29,000 after purchasing an additional 350 shares during the period. Dynamic Wealth Strategies LLC purchased a new position in Iron Mountain during the 1st quarter valued at about $31,000. Johnson Financial Group Inc. purchased a new position in Iron Mountain during the 3rd quarter valued at about $32,000. Finally, Bayban purchased a new position in Iron Mountain during the 4th quarter valued at about $33,000. Hedge funds and other institutional investors own 80.13% of the company’s stock.

Iron Mountain Stock Down 1.0%

NYSE IRM opened at $127.13 on Thursday. The stock’s 50-day simple moving average is $115.08 and its two-hundred day simple moving average is $101.00. Iron Mountain has a twelve month low of $77.77 and a twelve month high of $134.09. The company has a market capitalization of $37.82 billion, a price-to-earnings ratio of 139.71 and a beta of 1.20.

Iron Mountain (NYSE:IRM) last released its quarterly earnings results on Thursday, April 30th. The financial services provider reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates of $0.50 by $0.10. Iron Mountain had a negative return on equity of 91.56% and a net margin of 3.76%.The business had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.86 billion. During the same quarter last year, the business posted $1.17 earnings per share. The company’s revenue for the quarter was up 21.5% on a year-over-year basis. Iron Mountain has set its Q2 2026 guidance at 1.400-1.400 EPS and its FY 2026 guidance at 5.790-5.860 EPS. On average, equities analysts expect that Iron Mountain will post 5.4 earnings per share for the current fiscal year.

Iron Mountain Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, July 3rd. Stockholders of record on Monday, June 15th will be paid a $0.864 dividend. This represents a $3.46 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Monday, June 15th. Iron Mountain’s payout ratio is 380.22%.

Iron Mountain Company Profile

Iron Mountain Incorporated is a global information management company that helps organizations protect, store, and manage their physical and digital information. The firm provides a range of services including secure records storage, document imaging and digitization, secure shredding and destruction, and information governance solutions designed to support regulatory compliance and business continuity. Iron Mountain also offers specialized secure storage environments and logistics for sensitive assets such as art, medical records, and legal archives.

Beyond traditional records management, Iron Mountain has expanded into technology-driven services to support customers’ digital transformation.