Iron Mountain (IRM) Given Daily News Sentiment Score of 0.14

News articles about Iron Mountain (NYSE:IRM) have been trending somewhat positive on Sunday, according to Accern Sentiment Analysis. The research firm rates the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Iron Mountain earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned media headlines about the financial services provider an impact score of 44.2105293322181 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

These are some of the news stories that may have effected Accern’s rankings:

Shares of Iron Mountain (NYSE:IRM) traded up $0.30 during trading hours on Friday, hitting $41.44. 511,930 shares of the company’s stock were exchanged, compared to its average volume of 1,080,000. The firm has a market capitalization of $11,060.00, a PE ratio of 19.92, a price-to-earnings-growth ratio of 6.46 and a beta of 1.02. Iron Mountain has a 52 week low of $31.39 and a 52 week high of $41.53. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 3.59.

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

The company also recently declared 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 5.67%. This is a positive change from Iron Mountain’s previous quarterly dividend of $0.55. Iron Mountain’s dividend payout ratio is currently 271.60%.

IRM has been the topic of a number of research reports. Stifel Nicolaus reissued a “buy” rating and set a $43.00 target price (up from $40.00) on shares of Iron Mountain in a report on Friday, October 20th. Zacks Investment Research raised shares of Iron Mountain from a “hold” rating to a “buy” rating and set a $44.00 target price on the stock in a report on Monday, October 9th. BidaskClub raised shares of Iron Mountain from a “hold” rating to a “buy” rating in a report on Friday, August 4th. ValuEngine raised shares of Iron Mountain from a “hold” rating to a “buy” rating in a report on Thursday, November 9th. Finally, Robert W. Baird set a $39.00 target price on shares of Iron Mountain and gave the stock a “hold” rating in a report on Friday, August 25th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $41.20.

In other news, SVP Edward Bicks sold 1,880 shares of the company’s stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $41.50, for a total transaction of $78,020.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP John Tomovcsik sold 21,037 shares of the company’s stock in a transaction dated Friday, September 8th. The stock was sold at an average price of $40.02, for a total transaction of $841,900.74. Following the transaction, the executive vice president now owns 62,379 shares of the company’s stock, valued at approximately $2,496,407.58. The disclosure for this sale can be found here. Insiders have sold 52,159 shares of company stock valued at $2,066,686 in the last 90 days. 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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