FY2026 EPS Estimates for Iron Mountain Cut by Zacks Research

Iron Mountain Incorporated (NYSE:IRM) – Analysts at Zacks Research dropped their FY2026 earnings per share (EPS) estimates for Iron Mountain in a report issued on Monday, April 28th. Zacks Research analyst R. Department now anticipates 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 released its quarterly earnings results on Thursday, February 13th. The financial services provider reported $0.50 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.20 by ($0.70). Iron Mountain had a negative return on equity of 401.83% and a net margin of 2.95%. The business had revenue of $1.58 billion during the quarter, compared to the consensus estimate of $1.60 billion. During the same period in the previous year, the company posted $0.52 EPS.

Other equities research analysts also recently issued reports about the company. Barclays cut 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 report on Friday, April 18th. JPMorgan Chase & Co. dropped their price target on shares of Iron Mountain from $125.00 to $112.00 and set an “overweight” rating for the company in a research report on Tuesday, February 18th. Truist Financial initiated 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 on the stock. Finally, Wells Fargo & Company lowered their price target on shares of Iron Mountain from $135.00 to $125.00 and set an “overweight” rating for the company in a report on Tuesday, February 4th. One equities research analyst has rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Iron Mountain currently has an average rating of “Buy” and an average price target of $121.29.

Iron Mountain Price Performance

Iron Mountain stock opened at $88.29 on Tuesday. Iron Mountain has a fifty-two week low of $72.33 and a fifty-two week high of $130.24. The company has a market cap of $26.04 billion, a P/E ratio of 144.74, a price-to-earnings-growth ratio of 5.15 and a beta of 0.97. The firm’s 50 day simple moving average is $85.89 and its 200-day simple moving average is $102.72.

Institutional Investors Weigh In On Iron Mountain

A number of institutional investors have recently added to or reduced their stakes in IRM. Oregon Public Employees Retirement Fund raised its position in shares of Iron Mountain by 0.4% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 25,159 shares of the financial services provider’s stock worth $2,644,000 after acquiring an additional 100 shares in the last quarter. Premier Path Wealth Partners LLC raised its position in Iron Mountain by 3.9% in the 4th quarter. Premier Path Wealth Partners LLC now owns 2,844 shares of the financial services provider’s stock valued at $299,000 after buying an additional 106 shares during the last quarter. Belpointe Asset Management LLC grew its position in Iron Mountain by 1.6% in the 4th quarter. Belpointe Asset Management LLC now owns 7,250 shares of the financial services provider’s stock worth $821,000 after purchasing an additional 112 shares in the last quarter. Mather Group LLC. boosted its position in Iron Mountain by 4.6% in the fourth quarter. Mather Group LLC. now owns 2,582 shares of the financial services provider’s stock worth $271,000 after purchasing an additional 113 shares during the last quarter. Finally, DoubleLine ETF Adviser LP grew its position in shares of Iron Mountain by 0.5% during the 4th quarter. DoubleLine ETF Adviser LP now owns 21,064 shares of the financial services provider’s stock valued at $2,214,000 after acquiring an additional 114 shares during the period. 80.13% of the stock is owned by institutional investors.

Insider Transactions at Iron Mountain

In other Iron Mountain news, EVP Mithu Bhargava sold 1,738 shares of the firm’s stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $92.84, for a total value of $161,355.92. Following the sale, the executive vice president now owns 13,054 shares of the company’s stock, valued at approximately $1,211,933.36. This trade represents a 11.75 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO William L. Meaney sold 69,125 shares of the stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $99.83, for a total transaction of $6,900,748.75. The disclosure for this sale can be found here. Insiders sold 318,973 shares of company stock valued at $29,370,872 in the last ninety days. 2.10% of the stock is currently owned by corporate insiders.

Iron Mountain Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 4th. Investors of record on Monday, March 17th were paid a dividend of $0.785 per share. This represents a $3.14 dividend on an annualized basis and a yield of 3.56%. This is a boost from Iron Mountain’s previous quarterly dividend of $0.72. The ex-dividend date was Monday, March 17th. Iron Mountain’s dividend payout ratio is presently 514.75%.

Iron Mountain Company Profile

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.