Headlines about Iron Mountain (NYSE:IRM) have trended somewhat positive on Saturday, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Iron Mountain earned a media sentiment score of 0.23 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 46.5684078191541 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

IRM has been the topic of a number of research reports. Robert W. Baird set a $39.00 target price on shares of Iron Mountain and gave the company a “hold” rating in a research report on Friday, August 25th. Stifel Nicolaus reiterated a “buy” rating and set a $40.00 target price on shares of Iron Mountain in a research report on Sunday, September 3rd. Evercore ISI initiated coverage on shares of Iron Mountain in a research report on Wednesday, October 18th. They set an “outperform” rating and a $46.00 target price on the stock. BidaskClub downgraded shares of Iron Mountain from a “buy” rating to a “hold” rating in a research report on Friday, July 28th. Finally, Zacks Investment Research downgraded shares of Iron Mountain from a “buy” rating to a “hold” rating in a research report on Tuesday, October 10th. One research analyst has rated the stock with a sell rating, two have given a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. Iron Mountain has an average rating of “Buy” and a consensus target price of $41.20.

Iron Mountain (NYSE IRM) opened at $40.66 on Friday. The company has a debt-to-equity ratio of 3.59, a quick ratio of 1.08 and a current ratio of 1.08. Iron Mountain has a 1-year low of $30.75 and a 1-year high of $41.17. The firm has a market cap of $10,845.66, a price-to-earnings ratio of 19.53, a price-to-earnings-growth ratio of 6.34 and a beta of 1.02.

Iron Mountain (NYSE:IRM) last released its quarterly earnings data on Tuesday, October 24th. The financial services provider reported $0.31 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.29 by $0.02. Iron Mountain had a net margin of 5.54% and a return on equity of 15.49%. The firm had revenue of $966.00 million for the quarter, compared to the consensus estimate of $960.99 million. During the same quarter in the prior year, the company posted $0.44 earnings per share. The business’s revenue was up 2.4% on a year-over-year basis. equities analysts forecast that Iron Mountain will post 2.14 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 2nd. Shareholders of record on Friday, December 15th will be issued a dividend of $0.5875 per share. This is an increase from Iron Mountain’s previous quarterly dividend of $0.55. The ex-dividend date is Thursday, December 14th. This represents a $2.35 annualized dividend and a yield of 5.78%. Iron Mountain’s dividend payout ratio is presently 275.00%.

In other Iron Mountain news, VP Patrick J. Keddy sold 23,428 shares of the company’s stock in a transaction on Wednesday, October 11th. The shares were sold at an average price of $39.04, for a total transaction of $914,629.12. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Theodore Maclean sold 1,500 shares of the company’s stock in a transaction on Monday, October 9th. The stock was sold at an average price of $38.13, for a total transaction of $57,195.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 46,879 shares of company stock worth $1,850,341. Corporate insiders own 1.50% of the company’s stock.

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About Iron Mountain

Iron Mountain Incorporated (Iron Mountain) is engaged in storing records, primarily paper documents and data backup media, and provide information management services. The Company offers records management services, data protection and recovery services and information destruction services. Its information management services are divided into three categories: records management services, data protection and recovery services, and information destruction services.

Insider Buying and Selling by Quarter for Iron Mountain (NYSE:IRM)

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