Iron Mountain (IRM) Expected to Announce Earnings on Thursday
by Scott Moore · The Cerbat GemIron Mountain (NYSE:IRM – Get Free Report) is expected to issue its Q1 2026 results before the market opens on Thursday, April 30th. Analysts expect the company to announce earnings of $0.5160 per share and revenue of $1.8611 billion for the quarter. Parties can find conference call details on the company’s upcoming Q1 2026 earning report page for the latest details on the call scheduled for Thursday, April 30, 2026 at 8:30 AM ET.
Iron Mountain Price Performance
Shares of IRM traded down $1.12 during midday trading on Tuesday, hitting $111.63. 700,977 shares of the company traded hands, compared to its average volume of 1,762,800. Iron Mountain has a one year low of $77.77 and a one year high of $121.00. The firm has a market cap of $33.21 billion, a P/E ratio of 232.51 and a beta of 1.13. The stock has a 50-day moving average of $108.13 and a 200-day moving average of $97.87.
Iron Mountain Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, April 3rd. Investors of record on Monday, March 16th were issued a dividend of $0.864 per share. This represents a $3.46 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend was Monday, March 16th. Iron Mountain’s dividend payout ratio is 720.83%.
Wall Street Analyst Weigh In
A number of research firms recently weighed in on IRM. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Iron Mountain in a report on Tuesday, April 21st. Wells Fargo & Company increased their price objective on Iron Mountain from $125.00 to $135.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 21st. Zacks Research lowered Iron Mountain from a “hold” rating to a “strong sell” rating in a research note on Monday, April 13th. Barclays boosted their target price on Iron Mountain from $126.00 to $127.00 and gave the stock an “overweight” rating in a research report on Monday, February 23rd. Finally, Loop Capital set a $130.00 price target on Iron Mountain in a report on Wednesday, March 4th. Four investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $124.60.
Check Out Our Latest Stock Report on IRM
Insider Activity at Iron Mountain
In other news, EVP Mithu Bhargava sold 59,725 shares of Iron Mountain stock in a transaction on Thursday, March 19th. The shares were sold at an average price of $104.62, for a total transaction of $6,248,429.50. Following the completion of the sale, the executive vice president directly owned 16,054 shares of the company’s stock, valued at approximately $1,679,569.48. The trade was a 78.81% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Jennifer Allerton sold 7,000 shares of the company’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $108.88, for a total transaction of $762,160.00. Following the completion of the transaction, the director owned 11,541 shares of the company’s stock, valued at $1,256,584.08. This trade represents a 37.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 451,648 shares of company stock worth $48,297,449. Corporate insiders own 1.70% of the company’s stock.
Hedge Funds Weigh In On Iron Mountain
A number of hedge funds and other institutional investors have recently modified their holdings of the company. Garton & Associates Financial Advisors LLC purchased a new stake in Iron Mountain in the fourth quarter worth approximately $25,000. Johnson Financial Group Inc. purchased a new position in shares of Iron Mountain during the third quarter worth approximately $32,000. DV Equities LLC bought a new stake in shares of Iron Mountain in the 4th quarter worth approximately $34,000. Triumph Capital Management boosted its stake in shares of Iron Mountain by 1,056.8% in the 4th quarter. Triumph Capital Management now owns 428 shares of the financial services provider’s stock valued at $35,000 after purchasing an additional 391 shares in the last quarter. Finally, Strive Financial Group LLC purchased a new stake in shares of Iron Mountain in the 4th quarter valued at $44,000. 80.13% of the stock is currently owned by hedge funds and other institutional investors.
About Iron Mountain
Iron Mountain Incorporated is a global information management company that helps organizations protect, store, and manage their physical and digital information. The firm provides a range of services including secure records storage, document imaging and digitization, secure shredding and destruction, and information governance solutions designed to support regulatory compliance and business continuity. Iron Mountain also offers specialized secure storage environments and logistics for sensitive assets such as art, medical records, and legal archives.
Beyond traditional records management, Iron Mountain has expanded into technology-driven services to support customers’ digital transformation.