Wall Street analysts predict that Iron Mountain Incorporated (Delaware) REIT (NYSE:IRM) will announce $0.57 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Five analysts have made estimates for Iron Mountain Incorporated (Delaware) REIT’s earnings. The lowest EPS estimate is $0.53 and the highest is $0.59. Iron Mountain Incorporated (Delaware) REIT reported earnings of $0.50 per share during the same quarter last year, which indicates a positive year over year growth rate of 14%. The firm is scheduled to report its next earnings report on Thursday, February 22nd.

On average, analysts expect that Iron Mountain Incorporated (Delaware) REIT will report full-year earnings of $2.14 per share for the current financial year, with EPS estimates ranging from $2.11 to $2.16. For the next financial year, analysts forecast that the firm will report earnings of $2.34 per share, with EPS estimates ranging from $2.24 to $2.45. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side analysts that follow Iron Mountain Incorporated (Delaware) REIT.

Iron Mountain Incorporated (Delaware) REIT (NYSE:IRM) last announced its quarterly earnings data on Tuesday, October 24th. The financial services provider reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.02. The firm had revenue of $966.00 million during the quarter, compared to the consensus estimate of $960.99 million. Iron Mountain Incorporated (Delaware) REIT had a return on equity of 15.49% and a net margin of 5.54%. The business’s revenue for the quarter was up 2.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.44 EPS.

Several equities research analysts recently issued reports on the company. Zacks Investment Research downgraded Iron Mountain Incorporated (Delaware) REIT from a “hold” rating to a “sell” rating in a research note on Tuesday, December 26th. ValuEngine downgraded Iron Mountain Incorporated (Delaware) REIT from a “buy” rating to a “hold” rating in a research note on Tuesday, December 12th. TheStreet downgraded Iron Mountain Incorporated (Delaware) REIT from a “b” rating to a “c+” rating in a research note on Thursday, December 7th. Robert W. Baird increased their price objective on Iron Mountain Incorporated (Delaware) REIT from $39.00 to $43.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 25th. Finally, Stifel Nicolaus reissued a “buy” rating and issued a $43.00 price objective (up from $40.00) on shares of Iron Mountain Incorporated (Delaware) REIT in a research note on Friday, October 20th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $41.20.

Shares of Iron Mountain Incorporated (IRM) opened at $36.80 on Friday. The stock has a market capitalization of $10,390.00, a PE ratio of 45.43, a P/E/G ratio of 5.30 and a beta of 1.00. The company has a debt-to-equity ratio of 3.59, a current ratio of 1.08 and a quick ratio of 1.08. Iron Mountain Incorporated has a one year low of $32.53 and a one year high of $41.53.

The company also recently declared a quarterly dividend, which was paid on Tuesday, January 2nd. Stockholders of record on Friday, December 15th were paid a dividend of $0.5875 per share. The ex-dividend date was Thursday, December 14th. This is an increase from Iron Mountain Incorporated (Delaware) REIT’s previous quarterly dividend of $0.55. This represents a $2.35 dividend on an annualized basis and a dividend yield of 6.39%. Iron Mountain Incorporated (Delaware) REIT’s dividend payout ratio (DPR) is 290.12%.

In other news, EVP Theodore Maclean sold 1,500 shares of the firm’s stock in a transaction dated Monday, October 9th. The stock was sold at an average price of $38.13, for a total transaction of $57,195.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Patrick J. Keddy sold 23,428 shares of the firm’s stock in a transaction dated Wednesday, October 11th. The stock was sold at an average price of $39.04, for a total value of $914,629.12. The disclosure for this sale can be found here. Insiders have sold a total of 31,703 shares of company stock valued at $1,248,074 over the last ninety days. Company insiders own 1.50% of the company’s stock.

Several institutional investors and hedge funds have recently bought and sold shares of IRM. Vanguard Group Inc. increased its holdings in shares of Iron Mountain Incorporated (Delaware) REIT by 0.3% during the 2nd quarter. Vanguard Group Inc. now owns 43,398,710 shares of the financial services provider’s stock valued at $1,491,180,000 after acquiring an additional 151,039 shares during the last quarter. BlackRock Inc. increased its holdings in shares of Iron Mountain Incorporated (Delaware) REIT by 5.0% during the 2nd quarter. BlackRock Inc. now owns 18,924,442 shares of the financial services provider’s stock valued at $650,244,000 after acquiring an additional 896,751 shares during the last quarter. Capital International Investors increased its holdings in shares of Iron Mountain Incorporated (Delaware) REIT by 2.6% during the 3rd quarter. Capital International Investors now owns 12,811,172 shares of the financial services provider’s stock valued at $498,355,000 after acquiring an additional 324,000 shares during the last quarter. Parnassus Investments CA increased its holdings in shares of Iron Mountain Incorporated (Delaware) REIT by 1.0% during the 3rd quarter. Parnassus Investments CA now owns 12,497,627 shares of the financial services provider’s stock valued at $486,158,000 after acquiring an additional 122,980 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Iron Mountain Incorporated (Delaware) REIT by 2.3% during the 3rd quarter. Dimensional Fund Advisors LP now owns 3,610,830 shares of the financial services provider’s stock valued at $140,460,000 after acquiring an additional 80,395 shares during the last quarter. 84.22% of the stock is owned by institutional investors.

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About Iron Mountain Incorporated (Delaware) REIT

Iron Mountain Incorporated (Iron Mountain) is engaged in storing records, primarily paper documents and data backup media, and provide information management services. The Company offers records management services, data protection and recovery services and information destruction services. Its information management services are divided into three categories: records management services, data protection and recovery services, and information destruction services.

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