Iridium Communications (IRDM) Expected to Post Earnings on Thursday

Iridium Communications (NASDAQ:IRDM) is anticipated to post its Q3 2026 results before the market opens on Thursday, October 22nd. Analysts expect the company to announce earnings of $0.3356 per share and revenue of $236.30 million for the quarter. Individuals can find conference call details on the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Thursday, October 29, 2026 at 8:30 AM ET.

Iridium Communications (NASDAQ:IRDM) last posted its earnings results on Wednesday, July 22nd. The technology company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.28 by ($0.19). The company had revenue of $225.24 million for the quarter, compared to analysts’ expectations of $220.32 million. Iridium Communications had a net margin of 10.55% and a return on equity of 22.57%. The business’s revenue was up 3.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.20 earnings per share. On average, analysts expect Iridium Communications to post $0.95 EPS for the current fiscal year and $1.26 EPS for the next fiscal year.

Iridium Communications Stock Performance

NASDAQ IRDM opened at $44.18 on Tuesday. The company has a debt-to-equity ratio of 3.70, a current ratio of 2.78 and a quick ratio of 2.31. Iridium Communications has a 1-year low of $15.65 and a 1-year high of $57.18. The business has a 50 day simple moving average of $47.67 and a two-hundred day simple moving average of $45.75. The stock has a market capitalization of $4.68 billion, a PE ratio of 50.21, a P/E/G ratio of 3.53 and a beta of 0.84.

Iridium Communications Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Tuesday, September 15th. Iridium Communications’s payout ratio is presently 68.18%.

Analyst Ratings Changes

A number of research analysts have weighed in on IRDM shares. Morgan Stanley boosted their price objective on shares of Iridium Communications from $26.00 to $54.00 and gave the company an “equal weight” rating in a research report on Tuesday, June 30th. William Blair lowered Iridium Communications from an “outperform” rating to a “hold” rating in a research report on Monday, June 29th. New Street Research raised shares of Iridium Communications from a “neutral” rating to a “buy” rating in a report on Wednesday, July 22nd. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Iridium Communications in a report on Tuesday, October 6th. Three analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $41.20.

Insider Buying and Selling

In other Iridium Communications news, CAO Timothy Kapalka sold 13,473 shares of the business’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $50.51, for a total value of $680,521.23. Following the transaction, the chief accounting officer directly owned 35,731 shares in the company, valued at $1,804,772.81. The trade was a 27.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Suzanne E. Mcbride sold 85,454 shares of the company’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $50.28, for a total value of $4,296,627.12. Following the completion of the transaction, the insider directly owned 282,017 shares in the company, valued at approximately $14,179,814.76. This trade represents a 23.25% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 381,688 shares of company stock worth $19,146,390 in the last 90 days. Corporate insiders own 2.70% of the company’s stock.

Iridium Communications Company Profile

Iridium Communications Inc provides global satellite communications services through the Iridium satellite network. The company offers voice and data connectivity for customers in remote and difficult-to-reach locations, supporting applications in maritime, aviation, government, emergency services, transportation, industrial, and recreational markets.

Its product portfolio includes satellite phones, broadband services, specialized voice and data terminals, and Internet of Things connectivity for tracking, monitoring, and machine-to-machine communications.