Iron Mountain (NYSE:IRM) Releases FY 2026 Earnings Guidance

Iron Mountain (NYSE:IRM) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 5.870-5.930 for the period, compared to the consensus estimate of 5.400. The company issued revenue guidance of $7.9 billion-$8.0 billion, compared to the consensus revenue estimate of $7.9 billion. Iron Mountain also updated its Q3 2026 guidance to 1.470-1.470 EPS.

Iron Mountain Trading Down 0.6%

NYSE IRM traded down $0.76 on Friday, hitting $121.20. The company’s stock had a trading volume of 713,153 shares, compared to its average volume of 1,792,068. The firm has a market cap of $36.06 billion, a P/E ratio of 86.56 and a beta of 1.20. Iron Mountain has a 52-week low of $77.77 and a 52-week high of $134.68. The company’s 50-day simple moving average is $124.96 and its 200 day simple moving average is $114.83.

Iron Mountain Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Tuesday, September 15th will be given a dividend of $0.864 per share. This represents a $3.46 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Tuesday, September 15th. Iron Mountain’s payout ratio is presently 380.22%.

Wall Street Analysts Forecast Growth

IRM has been the subject of several research analyst reports. Zacks Research raised shares of Iron Mountain from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 12th. Weiss Ratings raised Iron Mountain from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, July 28th. Truist Financial set a $140.00 target price on Iron Mountain in a research report on Friday, May 1st. Wells Fargo & Company increased their price objective on Iron Mountain from $135.00 to $140.00 and gave the stock an “overweight” rating in a report on Thursday. Finally, JPMorgan Chase & Co. upped their target price on shares of Iron Mountain from $121.00 to $138.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $135.17.

Insider Buying and Selling at Iron Mountain

In related news, EVP Mark Kidd sold 6,000 shares of the stock in a transaction on Monday, June 1st. The stock was sold at an average price of $126.70, for a total transaction of $760,200.00. Following the sale, the executive vice president directly owned 113,507 shares of the company’s stock, valued at $14,381,336.90. This trade represents a 5.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Walter C. Rakowich sold 757 shares of Iron Mountain stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $124.45, for a total transaction of $94,208.65. Following the completion of the sale, the director owned 1,135 shares of the company’s stock, valued at $141,250.75. This represents a 40.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 92,786 shares of company stock worth $11,633,760 in the last 90 days. Insiders own 1.70% of the company’s stock.

Institutional Trading of Iron Mountain

Several large investors have recently modified their holdings of the company. Garton & Associates Financial Advisors LLC purchased a new stake in Iron Mountain during the fourth quarter valued at $25,000. Johnson Financial Group Inc. bought a new position in Iron Mountain in the third quarter worth approximately $32,000. DV Equities LLC purchased a new position in shares of Iron Mountain during the 4th quarter worth $34,000. Triumph Capital Management raised its holdings in Iron Mountain by 1,056.8% in the 4th quarter. Triumph Capital Management now owns 428 shares of the financial services provider’s stock worth $35,000 after purchasing an additional 391 shares during the period. Finally, Wealth Watch Advisors INC bought a new stake in Iron Mountain during the third quarter valued at about $44,000. Institutional investors own 80.13% of the company’s stock.

Iron Mountain Company Profile

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.