What is William Blair’s Estimate for IRDM Q2 Earnings?

Iridium Communications Inc. (NASDAQ:IRDM) – William Blair dropped their Q2 2025 earnings per share (EPS) estimates for Iridium Communications in a note issued to investors on Wednesday, April 23rd. William Blair analyst L. Dipalma now forecasts that the technology company will post earnings of $0.20 per share for the quarter, down from their prior forecast of $0.22. William Blair has a “Outperform” rating on the stock. The consensus estimate for Iridium Communications’ current full-year earnings is $0.89 per share. William Blair also issued estimates for Iridium Communications’ Q3 2025 earnings at $0.26 EPS, Q4 2025 earnings at $0.28 EPS, FY2025 earnings at $1.01 EPS and FY2026 earnings at $1.11 EPS.

A number of other equities research analysts have also weighed in on IRDM. Barclays reduced their price objective on Iridium Communications from $45.00 to $38.00 and set an “overweight” rating on the stock in a research report on Monday, March 10th. Cantor Fitzgerald began coverage on shares of Iridium Communications in a report on Friday, January 24th. They set an “overweight” rating and a $40.00 price target for the company. BWS Financial cut their target price on Iridium Communications from $30.00 to $25.00 and set a “neutral” rating on the stock in a research report on Wednesday. Finally, StockNews.com cut shares of Iridium Communications from a “buy” rating to a “hold” rating in a report on Tuesday. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $34.33.

Iridium Communications Stock Up 6.8 %

Shares of NASDAQ:IRDM opened at $23.04 on Thursday. Iridium Communications has a 52-week low of $19.91 and a 52-week high of $35.85. The company has a market capitalization of $2.51 billion, a PE ratio of 24.25, a price-to-earnings-growth ratio of 1.28 and a beta of 0.66. The company has a debt-to-equity ratio of 3.05, a quick ratio of 1.25 and a current ratio of 1.73. The company has a fifty day moving average of $27.38 and a 200-day moving average of $28.72.

Iridium Communications (NASDAQ:IRDM) last released its quarterly earnings data on Tuesday, April 22nd. The technology company reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.05. Iridium Communications had a net margin of 13.58% and a return on equity of 15.66%. The business had revenue of $214.88 million during the quarter, compared to analysts’ expectations of $211.78 million. During the same period in the prior year, the company earned $0.17 EPS.

Iridium Communications Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were paid a dividend of $0.14 per share. The ex-dividend date of this dividend was Monday, March 17th. This represents a $0.56 dividend on an annualized basis and a yield of 2.43%. Iridium Communications’s dividend payout ratio (DPR) is presently 58.95%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. JPMorgan Chase & Co. raised its holdings in shares of Iridium Communications by 1.6% in the 4th quarter. JPMorgan Chase & Co. now owns 631,852 shares of the technology company’s stock worth $18,336,000 after acquiring an additional 10,195 shares during the last quarter. Nordea Investment Management AB raised its stake in shares of Iridium Communications by 30.2% in the fourth quarter. Nordea Investment Management AB now owns 248,602 shares of the technology company’s stock worth $7,264,000 after purchasing an additional 57,690 shares during the last quarter. Teacher Retirement System of Texas lifted its holdings in shares of Iridium Communications by 369.5% in the fourth quarter. Teacher Retirement System of Texas now owns 69,562 shares of the technology company’s stock valued at $2,019,000 after purchasing an additional 54,747 shares in the last quarter. Steward Partners Investment Advisory LLC boosted its position in shares of Iridium Communications by 376.3% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,858 shares of the technology company’s stock valued at $141,000 after buying an additional 3,838 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in Iridium Communications during the fourth quarter worth $17,613,000. Institutional investors and hedge funds own 84.36% of the company’s stock.

About Iridium Communications

Iridium Communications Inc provides mobile voice and data communications services and products to businesses, the United States and international governments, non-governmental organizations, and consumers worldwide. The company offers postpaid mobile voice and data satellite communications; prepaid mobile voice satellite communications; push-to-talk; broadband data; and Internet of Things (IoT) services.