9 stories mentioning IRMUpdated 45d ago
Every FINWIRES story that references IRM, newest first.
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William L Meaney, Director, President, and CEO, on August 07, 2026, sold 38,474 shares in Iron Mountain (IRM) for $4,680,954. Following the Form 4 filing with the SEC, Meaney has control over a total of 295,650 common shares of the company, with 295,650 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1020569/000156639126000022/xslF345X05/wk-form4_1786392745.xml
Mark Kidd, Executive Vice President & General Manager, Data Centers & Asset Lifecycle Management, on August 07, 2026, sold 6,000 shares in Iron Mountain (IRM) for $736,200. Following the Form 4 filing with the SEC, Kidd has control over a total of 101,507 common shares of the company, with 101,507 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1020569/000173205826000019/xslF345X05/wk-form4_1786392485.xml
Greg W McIntosh, Executive Vice President, Chief Commercial Officer, on August 06, 2026, sold 11,839 shares in Iron Mountain (IRM) for $1,505,092. Following the Form 4 filing with the SEC, McIntosh has control over a total of 80,634 common shares of the company, with 80,634 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1020569/000176984126000007/xslF345X05/wk-form4_1786392226.xml
Iron Mountain (IRM) has an average rating of overweight and mean price target of $132.82, according to analysts polled by FactSet.Price: $125.82, Change: $+0.31, Percent Change: +0.25%
Iron Mountain (IRM) has an average rating of overweight and mean price target of $133, according to analysts polled by FactSet.Price: $126.22, Change: $-3.75, Percent Change: -2.89%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We increase our 12-month target price by $20 to $143 based on a forward P/FFO of 34.0x our 2026 FFO estimate, a premium to its one-year average of 27.2x. We maintain our 2026 and 2027 FFO estimates at $4.20 and $4.61, respectively. IRM reported 17% organic growth in Q1, the highest mark in more than 25 years, highlighting the strength of the data center expansion and services growth. Data center growth continues to beat expectations with management expecting to be meaningfully above its original 100MW guidance for the year; this is evident in the guidance increase of $175M for revenue. We see the recently acquired FedRAMP High authorization designation, which allows for cloud storage of mission-critical and highly-sensitive federal data, will drive higher service revenue growth in the future. Net lease adjusted leverage is now 4.8x, the lowest level since IRM's 2014 REIT conversion, highlighting the capacity for management to fund significant data center capex expansion over the next five years.
Iron Mountain (IRM) has an average rating of overweight and mean price target of $127.55, according to analysts polled by FactSet.Price: $126.91, Change: $+0.92, Percent Change: +0.73%
Iron Mountain (IRM) has an average rating of overweight and mean price target of $127.55, according to analysts polled by FactSet.Price: $126.91, Change: $+0.92, Percent Change: +0.73%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:IRM reported Q1 revenue of $1.94B (+21.6% Y/Y), $75M above the consensus vs. $1.59B a year ago. Both storage rental (+12.4% organic growth) and service revenue (+24.3%) performed well in the quarter. IRM's growth businesses of data center, digital, and ALM collectively grew more than 50% Y/Y in Q1, accelerating from the >40% growth rate achieved in Q4 2025, demonstrating strong business momentum. Global RIM revenue was $1.26B (organic growth +8.3%) while Global Data Center revenue was $173M (+44.3%). Storage rental gross margins decreased 170 bps Y/Y to 68.9% while service revenue gross margins increased 190 bps to 34.4% (-110 bps Q/Q), with labor costs slowing in Q1. These diverging margin trends between storage and service have persisted for four quarters. This momentum reflects the increasing contribution of higher-margin, faster-growing segments to IRM's revenue mix as the company continues its strategic business transformation.
