Iron Mountain (IRM) Projected to Post Earnings on Thursday

Iron Mountain (NYSE:IRM) is expected to be posting its Q3 2026 results before the market opens on Thursday, November 5th. Analysts expect the company to announce earnings of $0.6120 per share and revenue of $1.99 billion for the quarter. Iron Mountain has set its Q3 2026 guidance at 1.470-1.470 EPS and its FY 2026 guidance at 5.870-5.930 EPS. Investors can find conference call details on the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Thursday, November 5, 2026 at 8:30 AM ET.

Iron Mountain (NYSE:IRM) last released its quarterly earnings results on Wednesday, August 5th. The financial services provider reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.06. Iron Mountain had a negative return on equity of 85.44% and a net margin of 5.54%. The business had revenue of $2.03 billion during the quarter, compared to analyst estimates of $1.97 billion. During the same quarter in the prior year, the company posted $1.24 EPS. Iron Mountain’s quarterly revenue was up 18.5% compared to the same quarter last year. On average, analysts expect Iron Mountain to post $5.42 EPS for the current fiscal year and $6.01 EPS for the next fiscal year.

Iron Mountain Stock Down 1.2%

Shares of IRM stock opened at $115.10 on Tuesday. The firm has a market capitalization of $34.27 billion, a price-to-earnings ratio of 82.21 and a beta of 1.17. The stock has a fifty day moving average of $114.53 and a 200 day moving average of $115.01. Iron Mountain has a 52 week low of $77.77 and a 52 week high of $134.68.

Iron Mountain Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 2nd. Shareholders of record on Tuesday, September 15th were given a dividend of $0.8640 per share. This represents a $3.46 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend was Tuesday, September 15th. Iron Mountain’s payout ratio is presently 246.43%.

Insider Activity

In related news, EVP Mark Kidd sold 6,000 shares of the stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $122.70, for a total transaction of $736,200.00. Following the transaction, the executive vice president owned 101,507 shares in the company, valued at $12,454,908.90. This represents a 5.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO William Meaney sold 38,474 shares of Iron Mountain stock in a transaction on Friday, August 7th. The stock was sold at an average price of $121.67, for a total value of $4,681,131.58. Following the completion of the sale, the chief executive officer directly owned 38,474 shares of the company’s stock, valued at $4,681,131.58. The trade was a 50.00% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 137,422 shares of company stock valued at $15,881,099 over the last ninety days. 1.70% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on IRM shares. Wells Fargo & Company lifted their price target on Iron Mountain from $135.00 to $140.00 and gave the company an “overweight” rating in a research report on Thursday, August 6th. The Goldman Sachs Group increased their price objective on Iron Mountain from $153.00 to $155.00 and gave the stock a “buy” rating in a report on Tuesday, October 6th. JPMorgan Chase & Co. raised their price objective on Iron Mountain from $138.00 to $147.00 and gave the company an “overweight” rating in a research report on Thursday, August 6th. Truist Financial raised their price objective on Iron Mountain from $140.00 to $155.00 and gave the company a “buy” rating in a research report on Thursday, August 27th. Finally, BNP Paribas Exane boosted their target price on shares of Iron Mountain from $138.00 to $145.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. Eight analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $143.89.

About Iron Mountain

Iron Mountain Incorporated (NYSE: IRM) is a global information management and storage company that helps organizations protect, manage and optimize their physical and digital assets. Founded in 1951, the company began as a records storage provider and has expanded into a broader information lifecycle management business.

Its services include records storage and retrieval, information governance, secure shredding and destruction, document scanning, digital transformation, backup and recovery, and data center services.