Media stories about Iron Mountain Incorporated (Delaware) REIT (NYSE:IRM) have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by analyzing 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 Incorporated (Delaware) REIT earned a news impact score of 0.04 on Accern’s scale. Accern also assigned media coverage about the financial services provider an impact score of 47.0014150280721 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the headlines that may have effected Accern Sentiment’s analysis:
- Iron Mountain Incorporated (Delaware) REIT (IRM) Given Average Rating of “Hold” by Brokerages (americanbankingnews.com)
- Iron Mountain (IRM) Q4 FFO Miss Estimates, Revenues Improve (finance.yahoo.com)
- Iron Mountain Incorporated (Delaware) REIT (IRM) Releases Earnings Results, Misses Estimates By $0.05 EPS (americanbankingnews.com)
- Iron Mountain Reports Fourth Quarter and Full Year 2017 Results (finance.yahoo.com)
- Iron Mountain Inc. to Host Earnings Call (finance.yahoo.com)
Shares of Iron Mountain Incorporated (IRM) traded down $0.55 during trading hours on Monday, hitting $33.17. 3,050,000 shares of the stock traded hands, compared to its average volume of 2,110,000. The stock has a market cap of $9,460.00, a P/E ratio of 40.95 and a beta of 0.83. The company has a quick ratio of 1.08, a current ratio of 1.47 and a debt-to-equity ratio of 3.00. Iron Mountain Incorporated has a twelve month low of $31.91 and a twelve month high of $41.53.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 2nd. Stockholders of record on Thursday, March 15th will be given a dividend of $0.5875 per share. The ex-dividend date of this dividend is Wednesday, March 14th. This represents a $2.35 annualized dividend and a dividend yield of 7.08%. Iron Mountain Incorporated (Delaware) REIT’s dividend payout ratio is presently 290.12%.
A number of research analysts recently issued reports on IRM shares. Robert W. Baird lifted their price target on shares of Iron Mountain Incorporated (Delaware) REIT from $39.00 to $43.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 25th. ValuEngine downgraded shares of Iron Mountain Incorporated (Delaware) REIT from a “buy” rating to a “hold” rating in a research note on Tuesday, December 12th. Zacks Investment Research downgraded shares of Iron Mountain Incorporated (Delaware) REIT from a “hold” rating to a “sell” rating in a research note on Tuesday, December 26th. Finally, TheStreet downgraded shares of Iron Mountain Incorporated (Delaware) REIT from a “b” rating to a “c+” rating in a research note on Thursday, December 7th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Hold” and an average target price of $41.20.
In other news, Director Walter C. Rakowich sold 1,734 shares of the business’s stock in a transaction that occurred on Wednesday, January 17th. The shares were sold at an average price of $36.17, for a total transaction of $62,718.78. Following the completion of the sale, the director now owns 17,676 shares in the company, valued at approximately $639,340.92. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CMO Theodore Maclean sold 1,495 shares of Iron Mountain Incorporated (Delaware) REIT stock in a transaction on Friday, December 8th. The shares were sold at an average price of $40.07, for a total transaction of $59,904.65. Following the completion of the transaction, the chief marketing officer now directly owns 7,184 shares in the company, valued at $287,862.88. The disclosure for this sale can be found here. Insiders have sold a total of 16,123 shares of company stock valued at $609,153 in the last 90 days. Insiders own 1.50% of the company’s stock.
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Iron Mountain Incorporated (Delaware) REIT Company Profile
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.
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