What is Zacks Research’s Estimate for IRDM Q1 Earnings?

Iridium Communications Inc (NASDAQ:IRDM) – Zacks Research dropped their Q1 2026 earnings per share estimates for shares of Iridium Communications in a research report issued to clients and investors on Thursday, March 5th. Zacks Research analyst Team now forecasts that the technology company will post earnings of $0.27 per share for the quarter, down from their prior estimate of $0.28. The consensus estimate for Iridium Communications’ current full-year earnings is $0.89 per share. Zacks Research also issued estimates for Iridium Communications’ Q2 2026 earnings at $0.19 EPS, Q4 2026 earnings at $0.26 EPS, FY2026 earnings at $0.99 EPS, Q1 2027 earnings at $0.29 EPS, Q2 2027 earnings at $0.26 EPS, Q3 2027 earnings at $0.30 EPS, Q4 2027 earnings at $0.31 EPS, FY2027 earnings at $1.16 EPS and FY2028 earnings at $1.68 EPS.

Iridium Communications (NASDAQ:IRDM) last released its earnings results on Thursday, February 12th. The technology company reported $0.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.01. Iridium Communications had a return on equity of 24.01% and a net margin of 13.12%.The firm had revenue of $212.94 million for the quarter, compared to analyst estimates of $219.14 million. During the same period in the previous year, the company earned $0.32 earnings per share. Iridium Communications’s revenue was up .0% compared to the same quarter last year.

A number of other brokerages have also recently weighed in on IRDM. Weiss Ratings restated a “sell (d+)” rating on shares of Iridium Communications in a report on Thursday, January 22nd. Morgan Stanley raised their price objective on Iridium Communications from $24.00 to $26.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 18th. Finally, BWS Financial restated a “sell” rating and issued a $16.00 target price on shares of Iridium Communications in a report on Tuesday, February 17th. Four equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $25.40.

Iridium Communications Stock Performance

Shares of IRDM opened at $24.01 on Friday. The firm’s 50 day moving average is $20.79 and its 200-day moving average is $19.49. The stock has a market capitalization of $2.52 billion, a P/E ratio of 22.65, a P/E/G ratio of 1.66 and a beta of 0.60. The company has a debt-to-equity ratio of 3.80, a current ratio of 2.48 and a quick ratio of 1.82. Iridium Communications has a 12-month low of $15.65 and a 12-month high of $33.34.

Iridium Communications Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Monday, March 16th. Iridium Communications’s payout ratio is 56.60%.

Institutional Trading of Iridium Communications

Several institutional investors have recently made changes to their positions in IRDM. Quadrant Capital Group LLC lifted its position in Iridium Communications by 107.5% in the 4th quarter. Quadrant Capital Group LLC now owns 1,430 shares of the technology company’s stock worth $25,000 after buying an additional 741 shares in the last quarter. Hantz Financial Services Inc. increased its stake in shares of Iridium Communications by 184.7% in the third quarter. Hantz Financial Services Inc. now owns 1,506 shares of the technology company’s stock worth $26,000 after acquiring an additional 977 shares during the last quarter. Larson Financial Group LLC raised its holdings in shares of Iridium Communications by 392.8% during the third quarter. Larson Financial Group LLC now owns 1,508 shares of the technology company’s stock worth $26,000 after acquiring an additional 1,202 shares in the last quarter. Kestra Advisory Services LLC purchased a new position in Iridium Communications in the fourth quarter valued at about $27,000. Finally, CIBC Private Wealth Group LLC acquired a new position in Iridium Communications in the 3rd quarter worth about $32,000. 84.36% of the stock is currently owned by institutional investors and hedge funds.

More Iridium Communications News

Here are the key news stories impacting Iridium Communications this week:

• Positive Sentiment: Board declared a quarterly cash dividend of $0.15 per share (ex‑dividend date March 16, record March 16, payable March 31), implying a ~2.5% yield — positive for income investors and signals confidence in cash flow. Iridium Communications Declares Quarterly Cash Dividend to Shareholders
• Neutral Sentiment: Market commentary pieces discussing IRDM’s investment case may provide background for some buyers/sellers but contain no new company disclosures. These stories can influence retail flows but are unlikely to move fundamentals materially. Is Iridium Communications Inc. (IRDM) A Good Stock To Buy?
• Negative Sentiment: Zacks Research issued multiple cuts to Iridium’s quarterly and annual EPS forecasts across FY2026–FY2028 (including cuts to Q1–Q4 2026 and Q1–Q4 2027 estimates and reductions to FY2026 and FY2027). The revisions reduce near‑term earnings expectations and may pressure the stock and analyst sentiment. Zacks lowers Iridium EPS estimates

Iridium Communications Company Profile

Iridium Communications Inc operates a global satellite communications network that delivers voice and data services across land, sea and air. The company’s unique architecture relies on a constellation of 66 low-Earth orbit satellites, enabling real-time connectivity in regions beyond the reach of terrestrial wireless networks. Iridium’s core offerings include satellite voice and messaging services, broadband data terminals, push-to-talk (PTT) interoperability and machine-to-machine (M2M) solutions for the Internet of Things (IoT).

Iridium serves a diverse range of markets, including maritime shipping, aviation, government and defense, energy, and enterprise.