News headlines about Iron Mountain Incorporated (Delaware) REIT (NYSE:IRM) have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Iron Mountain Incorporated (Delaware) REIT earned a news impact score of 0.11 on Accern’s scale. Accern also gave news headlines about the financial services provider an impact score of 44.8448940198921 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Here are some of the news headlines that may have effected Accern’s rankings:

Iron Mountain Incorporated (IRM) traded down $2.90 during midday trading on Tuesday, reaching $37.80. 8,602,643 shares of the company’s stock were exchanged, compared to its average volume of 1,255,833. Iron Mountain Incorporated has a 12 month low of $31.39 and a 12 month high of $41.53. The company has a market cap of $10,709.52, a PE ratio of 19.29, a price-to-earnings-growth ratio of 6.26 and a beta of 1.00. 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 Incorporated (Delaware) REIT (NYSE:IRM) last released its earnings results on Tuesday, October 24th. The financial services provider reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.29 by $0.02. The company had revenue of $966.00 million for the quarter, compared to analysts’ expectations of $960.99 million. Iron Mountain Incorporated (Delaware) REIT had a net margin of 5.54% and a return on equity of 15.49%. The firm’s revenue was up 2.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.44 EPS. sell-side analysts predict that Iron Mountain Incorporated will post 2.14 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 2nd. Stockholders of record on Friday, December 15th will be given a dividend of $0.5875 per share. The ex-dividend date is Thursday, December 14th. This represents a $2.35 annualized dividend and a dividend yield of 6.22%. This is a boost from Iron Mountain Incorporated (Delaware) REIT’s previous quarterly dividend of $0.55. Iron Mountain Incorporated (Delaware) REIT’s dividend payout ratio (DPR) is presently 275.00%.

A number of equities research analysts have commented on the stock. Zacks Investment Research cut shares of Iron Mountain Incorporated (Delaware) REIT from a “hold” rating to a “sell” rating in a research note on Friday, October 27th. Evercore ISI assumed coverage on shares of Iron Mountain Incorporated (Delaware) REIT in a research note on Wednesday, October 18th. They set an “outperform” rating and a $46.00 target price on the stock. Stifel Nicolaus restated a “buy” rating and set a $40.00 target price on shares of Iron Mountain Incorporated (Delaware) REIT in a research note on Sunday, September 3rd. Robert W. Baird set a $39.00 target price on shares of Iron Mountain Incorporated (Delaware) REIT and gave the stock a “hold” rating in a research note on Friday, August 25th. Finally, BidaskClub upgraded shares of Iron Mountain Incorporated (Delaware) REIT from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 26th. One analyst has rated the stock with a sell rating, two have issued a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $41.20.

In other news, VP Patrick J. Keddy sold 23,428 shares of Iron Mountain Incorporated (Delaware) REIT stock in a transaction that occurred 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 legal filing with the SEC, which is available at this hyperlink. Also, SVP Edward Bicks sold 1,880 shares of Iron Mountain Incorporated (Delaware) REIT stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $41.50, for a total transaction of $78,020.00. The disclosure for this sale can be found here. In the last quarter, insiders have sold 32,216 shares of company stock worth $1,268,850. Company insiders own 1.50% of the company’s stock.

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About Iron Mountain Incorporated (Delaware) REIT

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 Incorporated (Delaware) REIT (NYSE:IRM)

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