Iron Mountain Incorporated (Delaware) REIT (IRM) to Release Earnings on Friday

Iron Mountain Incorporated (Delaware) REIT (NYSE:IRM) will be releasing its earnings data before the market opens on Friday, February 16th. Analysts expect Iron Mountain Incorporated (Delaware) REIT to post earnings of $0.31 per share for the quarter.

Shares of Iron Mountain Incorporated (IRM) opened at $32.07 on Friday. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 3.59. The company has a market cap of $9,410.00, a PE ratio of 39.59, a PEG ratio of 4.76 and a beta of 0.83. Iron Mountain Incorporated has a 52-week low of $32.05 and a 52-week high of $41.53.

In other Iron Mountain Incorporated (Delaware) REIT news, CFO Stuart B. Brown sold 1,900 shares of the company’s stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $40.75, for a total value of $77,425.00. Following the completion of the sale, the chief financial officer now directly owns 4,010 shares of the company’s stock, valued at approximately $163,407.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Walter C. Rakowich sold 1,734 shares of the company’s stock in a transaction dated Wednesday, January 17th. The stock was sold at an average price of $36.17, for a total transaction of $62,718.78. Following the completion of the sale, the director now directly owns 17,676 shares of the company’s stock, valued at $639,340.92. The disclosure for this sale can be found here. Over the last three months, insiders have sold 18,023 shares of company stock valued at $686,578. 1.50% of the stock is currently owned by insiders.

Several research firms have recently commented on IRM. Zacks Investment Research downgraded shares of Iron Mountain Incorporated (Delaware) REIT from a “hold” rating to a “sell” rating in a research report on Friday, October 27th. Evercore ISI began coverage on shares of Iron Mountain Incorporated (Delaware) REIT in a research report on Wednesday, October 18th. They set an “outperform” rating and a $46.00 target price for the company. ValuEngine downgraded shares of Iron Mountain Incorporated (Delaware) REIT from a “buy” rating to a “hold” rating in a research report on Tuesday, December 12th. TheStreet downgraded shares of Iron Mountain Incorporated (Delaware) REIT from a “b” rating to a “c+” rating in a research report on Thursday, December 7th. Finally, Robert W. Baird boosted their target price on shares of Iron Mountain Incorporated (Delaware) REIT from $39.00 to $43.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 25th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $41.20.

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Iron Mountain Incorporated (Delaware) REIT Company Profile

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.

Earnings History for Iron Mountain Incorporated (Delaware) REIT (NYSE:IRM)

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