Iron Mountain Incorporated (NYSE:IRM) Given Average Rating of “Moderate Buy” by Brokerages

03 Jan 2026, 04:32 by Renee Jackson · The Cerbat Gem

Iron Mountain Incorporated (NYSE:IRM – Get Free Report) has earned an average recommendation of “Moderate Buy” from the seven research firms that are presently covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $114.80.

IRM has been the subject of a number of recent analyst reports. Zacks Research raised Iron Mountain from a “strong sell” rating to a “hold” rating in a research note on Monday, October 20th. Barclays upped their price objective on shares of Iron Mountain from $122.00 to $123.00 and gave the company an “overweight” rating in a research report on Wednesday, November 12th. JPMorgan Chase & Co. lifted their target price on Iron Mountain from $100.00 to $111.00 and gave the stock an “overweight” rating in a report on Thursday, November 6th. Weiss Ratings restated a “hold (c)” rating on shares of Iron Mountain in a report on Wednesday, October 8th. Finally, Jefferies Financial Group initiated coverage on Iron Mountain in a report on Monday, September 22nd. They set a “buy” rating and a $120.00 price objective on the stock.

Read Our Latest Analysis on Iron Mountain

Iron Mountain Stock Performance

IRM opened at $83.21 on Monday. The company has a fifty day moving average price of $88.85 and a two-hundred day moving average price of $95.22. The firm has a market capitalization of $24.60 billion, a PE ratio of 157.00 and a beta of 1.13. Iron Mountain has a 52 week low of $72.33 and a 52 week high of $112.18.

Iron Mountain (NYSE:IRM – Get Free Report) last posted its quarterly earnings results on Wednesday, November 5th. The financial services provider reported $1.32 earnings per share for the quarter, beating analysts’ consensus estimates of $1.29 by $0.03. Iron Mountain had a negative return on equity of 112.70% and a net margin of 2.40%.The company had revenue of $1.75 billion for the quarter, compared to the consensus estimate of $1.75 billion. During the same quarter in the prior year, the business posted $1.13 EPS. The firm’s quarterly revenue was up 12.7% on a year-over-year basis. Iron Mountain has set its FY 2025 guidance at 5.040-5.130 EPS. Equities analysts forecast that Iron Mountain will post 4.54 EPS for the current year.

Iron Mountain Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 6th. Stockholders of record on Monday, December 15th will be issued a $0.864 dividend. This represents a $3.46 annualized dividend and a dividend yield of 4.2%. This is a boost from Iron Mountain’s previous quarterly dividend of $0.79. The ex-dividend date is Monday, December 15th. Iron Mountain’s dividend payout ratio is currently 652.83%.

Insider Buying and Selling at Iron Mountain

In other Iron Mountain news, CEO William L. Meaney sold 69,125 shares of the stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $83.34, for a total transaction of $5,760,877.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Mark Kidd sold 6,000 shares of the business’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $85.00, for a total value of $510,000.00. Following the completion of the sale, the executive vice president owned 61,081 shares in the company, valued at approximately $5,191,885. This trade represents a 8.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 157,556 shares of company stock valued at $14,725,122 in the last three months. 1.90% of the stock is owned by insiders.

Institutional Trading of Iron Mountain

Institutional investors and hedge funds have recently bought and sold shares of the stock. AlphaQuest LLC acquired a new stake in Iron Mountain in the first quarter valued at $94,000. Ieq Capital LLC raised its position in shares of Iron Mountain by 7.7% in the first quarter. Ieq Capital LLC now owns 18,264 shares of the financial services provider’s stock valued at $1,571,000 after purchasing an additional 1,304 shares during the period. BNP Paribas Financial Markets lifted its stake in shares of Iron Mountain by 16.3% during the 1st quarter. BNP Paribas Financial Markets now owns 578,174 shares of the financial services provider’s stock worth $49,746,000 after buying an additional 81,027 shares during the last quarter. The Manufacturers Life Insurance Company boosted its holdings in shares of Iron Mountain by 3.6% during the 1st quarter. The Manufacturers Life Insurance Company now owns 195,137 shares of the financial services provider’s stock worth $16,790,000 after buying an additional 6,832 shares during the period. Finally, Evergreen Capital Management LLC grew its stake in Iron Mountain by 9.3% in the 1st quarter. Evergreen Capital Management LLC now owns 3,317 shares of the financial services provider’s stock valued at $285,000 after buying an additional 283 shares during the last quarter. Institutional investors own 80.13% of the company’s stock.

About Iron Mountain

(Get Free Report)

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.