Iron Mountain
About: Iron Mountain Inc is a record management services provider. It is organized as a REIT. Majority of its revenue comes from its storage business, with the rest coming from value-added services. The firm primarily caters to enterprise clients in developed markets. Its business segments include Global RIM Business; Global Data Center Business; and Corporate and Other Business. It generates maximum revenue from Global RIM Business segment.
Employees: 28,850
0
Funds holding %
of 7,390 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
19% more first-time investments, than exits
New positions opened: 126 | Existing positions closed: 106
1% more call options, than puts
Call options by funds: $191M | Put options by funds: $188M
0.5% more ownership
Funds ownership: 82.38% [Q3] → 82.88% (+0.5%) [Q4]
0% less funds holding
Funds holding: 1,036 [Q3] → 1,034 (-2) [Q4]
7% less capital invested
Capital invested by funds: $28.6B [Q3] → $26.7B (-$1.96B) [Q4]
13% less repeat investments, than reductions
Existing positions increased: 352 | Existing positions reduced: 406
54% less funds holding in top 10
Funds holding in top 10: 24 [Q3] → 11 (-13) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$118
38%
upside
Avg. target
$121
42%
upside
High target
$125
46%
upside
3 analyst ratings
3 positive
100%
0 neutral
0%
0 negative
0%
Barclays Brendan Lynch 43% 1-year accuracy 13 / 30 met price target | 38%upside $118 | Overweight Maintained | 20 Mar 2025 |
JP Morgan Andrew Steinerman 56% 1-year accuracy 10 / 18 met price target | 42%upside $121 | Overweight Maintained | 18 Feb 2025 |
Wells Fargo Eric Luebchow 33% 1-year accuracy 15 / 45 met price target | 46%upside $125 | Overweight Maintained | 4 Feb 2025 |
Financial journalist opinion
Based on 5 articles about IRM published over the past 30 days
Positive
Zacks Investment Research
20 hours ago
Is it Wise to Retain Iron Mountain Stock in Your Portfolio Now?
Stable core storage and records management business, data center expansions and healthy balance sheet are likely to support IRM despite high interest expenses.
Positive
Seeking Alpha
1 week ago
2 REITs I'm Buying Right Now
REITs are now on their way up. But some REITs have missed out on the recent recovery. I present 2 REITs that remain opportunistic.
Positive
Seeking Alpha
2 weeks ago
2 REITs Most Investors Should Own
Some REITs are truly exceptional. So much so that they could make sense for most investors. I present two such exceptional REITs.
Negative
Seeking Alpha
3 weeks ago
3 Popular REITs To Sell Before It Is Too Late
REITs are offering a historic opportunity. But not all REITs are worth buying. I highlight 3 popular to sell.
Neutral
Seeking Alpha
3 weeks ago
Iron Mountain Incorporated (IRM) Presents at Morgan Stanley Technology, Media & Telecom Conference (Transcript)
Iron Mountain Incorporated (NYSE:IRM ) Morgan Stanley Technology, Media & Telecom Conference March 3, 2025 5:35 PM ET Company Participants Barry Hytinen - Executive Vice President & Chief Financial Officer Conference Call Participants Calvin Lam - Morgan Stanley Calvin Lam Yes. Sure. All right.
Neutral
Seeking Alpha
1 month ago
From Real Property To Intellectual Property: My 15 Years On Seeking Alpha
Over nearly 15 years, I've written 4,300-plus Seeking Alpha articles, focusing on REITs and income stocks, emphasizing principal preservation and "SWAN investing." My journey included covering the evolution of the U.S. equity REIT sector, highlighting companies like STAG Industrial, Digital Realty, and Realty Income. Inspired by mentors and collaborations, I expanded my research to various asset classes, building a larger audience and scaling research businesses like iREIT and Dividend Kings.
Neutral
CNBC Television
1 month ago
Data centers REITs hit a bit of volatility following Big Tech headlines
CNBC's Dom Chu joins 'Squawk on the Street' to discuss data center REITs amid the push for AI-powered data centers.
Neutral
Business Wire
1 month ago
Iron Mountain to Present at Financial Conference
PORTSMOUTH, N.H.--(BUSINESS WIRE)--Iron Mountain Incorporated (NYSE: IRM), a global leader in information management services, announced today that it will participate in a fireside chat at the Morgan Stanley Technology, Media & Telecom Conference in San Francisco, CA. Date: Monday, March 3, 2025 Time: 2:35 pm PT (5:35 pm ET) Presenters: Barry A. Hytinen, Executive Vice President and Chief Financial Officer The presentation is being webcast and it will be accessible on the Investor Relation.
Neutral
Seeking Alpha
1 month ago
Iron Mountain: Near-Term Growth Trajectory Is A Concern
I am neutral on Iron Mountain (IRM) due to near-term execution risks and high valuation despite compelling long-term growth drivers in data centers and ALM. IRM's data center business is a significant growth catalyst, with strong revenue and margin expansion, but near-term pricing pressures and missed leasing targets are concerning. IRM's balance sheet risk is notable, with high leverage and increasing capex potentially pressuring free cash flow and limiting debt reduction and capital returns.
Negative
The Motley Fool
1 month ago
Why Iron Mountain Stock Plummeted by Over 7% on Thursday
Iron Mountain (IRM -7.28%) didn't quite end its 2024 on a high note, at least as far as its fundamentals were concerned. Thursday morning, the company released its fourth-quarter and full-year 2024 results, and investors weren't all that pleased with them.
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