Iron Mountain FY2026 EPS Estimate Reduced by Zacks Research

Iron Mountain Incorporated (NYSE:IRM) – Equities researchers at Zacks Research reduced their FY2026 EPS estimates for shares of Iron Mountain in a research report issued on Monday, April 28th. Zacks Research analyst R. Department now expects that the financial services provider will post earnings of $4.89 per share for the year, down from their previous forecast of $4.90. The consensus estimate for Iron Mountain’s current full-year earnings is $4.54 per share. Zacks Research also issued estimates for Iron Mountain’s Q1 2027 earnings at $1.26 EPS and FY2027 earnings at $5.53 EPS.

Iron Mountain (NYSE:IRM) last announced its earnings results on Thursday, February 13th. The financial services provider reported $0.50 earnings per share for the quarter, missing analysts’ consensus estimates of $1.20 by ($0.70). The company had revenue of $1.58 billion during the quarter, compared to analyst estimates of $1.60 billion. Iron Mountain had a negative return on equity of 401.83% and a net margin of 2.95%. During the same period in the previous year, the company posted $0.52 earnings per share.

A number of other equities analysts also recently commented on the stock. Truist Financial assumed coverage on shares of Iron Mountain in a research note on Tuesday, April 8th. They set a “buy” rating and a $95.00 price objective for the company. Barclays decreased their price target on Iron Mountain from $130.00 to $118.00 and set an “overweight” rating for the company in a research note on Thursday, March 20th. StockNews.com raised Iron Mountain from a “sell” rating to a “hold” rating in a research report on Friday, April 18th. JPMorgan Chase & Co. lowered their price target on Iron Mountain from $125.00 to $112.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 18th. Finally, Wells Fargo & Company lowered their price target on Iron Mountain from $135.00 to $125.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 4th. One analyst has rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Iron Mountain currently has an average rating of “Buy” and an average price target of $121.29.

Iron Mountain Trading Up 1.8 %

Shares of NYSE IRM opened at $89.85 on Tuesday. The firm has a market cap of $26.50 billion, a PE ratio of 147.30, a PEG ratio of 5.15 and a beta of 0.97. Iron Mountain has a 1-year low of $72.33 and a 1-year high of $130.24. The company has a fifty day moving average price of $85.85 and a 200 day moving average price of $102.63.

Iron Mountain Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 4th. Stockholders of record on Monday, March 17th were paid a dividend of $0.785 per share. This is an increase from Iron Mountain’s previous quarterly dividend of $0.72. This represents a $3.14 annualized dividend and a dividend yield of 3.49%. The ex-dividend date of this dividend was Monday, March 17th. Iron Mountain’s payout ratio is currently 514.75%.

Insider Transactions at Iron Mountain

In other news, CEO William L. Meaney sold 69,125 shares of Iron Mountain stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $86.11, for a total transaction of $5,952,353.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Daniel Borges sold 6,433 shares of the business’s stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $92.84, for a total value of $597,239.72. Following the completion of the sale, the chief accounting officer now owns 288 shares of the company’s stock, valued at $26,737.92. This trade represents a 95.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 318,973 shares of company stock worth $29,370,872. 2.10% of the stock is owned by company insiders.

Institutional Trading of Iron Mountain

Institutional investors have recently added to or reduced their stakes in the company. Merit Financial Group LLC boosted its stake in Iron Mountain by 91.5% in the 4th quarter. Merit Financial Group LLC now owns 14,933 shares of the financial services provider’s stock valued at $1,570,000 after purchasing an additional 7,137 shares during the period. Tidal Investments LLC lifted its position in shares of Iron Mountain by 254.1% during the 3rd quarter. Tidal Investments LLC now owns 20,536 shares of the financial services provider’s stock valued at $2,440,000 after acquiring an additional 14,737 shares during the period. Exchange Traded Concepts LLC lifted its position in shares of Iron Mountain by 151.6% during the 4th quarter. Exchange Traded Concepts LLC now owns 9,147 shares of the financial services provider’s stock valued at $961,000 after acquiring an additional 5,511 shares during the period. Proficio Capital Partners LLC bought a new stake in shares of Iron Mountain during the 4th quarter valued at $102,000. Finally, Lord Abbett & CO. LLC bought a new stake in shares of Iron Mountain during the 3rd quarter valued at $24,122,000. 80.13% of the stock is currently owned by institutional investors.

About Iron Mountain

Iron Mountain Incorporated (NYSE: IRM) is a global leader in information management services. Founded in 1951 and trusted by more than 240,000 customers worldwide, Iron Mountain serves to protect and elevate the power of our customers’ work. Through a range of offerings including digital transformation, data centers, secure records storage, information management, asset lifecycle management, secure destruction and art storage and logistics, Iron Mountain helps businesses bring light to their dark data, enabling customers to unlock value and intelligence from their stored digital and physical assets at speed and with security, while helping them meet their environmental goals.