|Bid||0.00 x 1100|
|Ask||29.00 x 1100|
|Day's Range||27.11 - 28.46|
|52 Week Range||21.00 - 34.49|
|Beta (5Y Monthly)||0.62|
|PE Ratio (TTM)||20.59|
|Earnings Date||Jul 30, 2020 - Aug 03, 2020|
|Forward Dividend & Yield||2.47 (8.71%)|
|Ex-Dividend Date||Jun 12, 2020|
|1y Target Est||27.71|
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Iron Mountain Incorporated and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Iron Mountain Incorporated (NYSE: IRM), the storage and information management services company, today announced it will present at two upcoming investor conferences:
Iron Mountain Incorporated (NYSE: IRM), the storage and information management services company enabling digital transformation, today published its 7th annual Corporate Social Responsibility (CSR) report. The report reviews Iron Mountain's 2019 achievements related to its environmental, social and governance priorities and commitments. Key highlights include:
Iron Mountain Incorporated (NYSE: IRM), the storage and information management services company enabling digital transformation, today announced that Kimberly Anstett has been appointed Executive Vice President and Chief Technology Officer (CTO). In this role, she will oversee the company's emerging commercial solutions organization and its innovation teams, driving new digital-first product development for Iron Mountain and its customers.
On today's call, we'll hear from Bill Meaney, Iron Mountain's President and CEO, who will discuss Q1 highlights and our response to the COVID-19 pandemic. Barry Hytinen, our CFO, will then cover financial results, our leverage and liquidity position and our expectations for the remainder of the year.
The document-storage REIT isn't exactly an exciting business, but things were definitely rocking and rolling at the start of trading.
Iron Mountain (IRM) delivered FFO and revenue surprises of 31.11% and -1.70%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Iron Mountain's (IRM) core storage business is insulated from the coronavirus concerns. Declining records and information management volumes in North America are expected to have been dragging in Q1.
Iron Mountain Incorporated (NYSE: IRM), the storage and information management services company, will report its first quarter 2020 financial results before market hours on Thursday, May 7, 2020. The Company will also host a conference call to discuss results on the same day.
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
(Bloomberg) -- This has been the decade of the data center, which can be measured in a ten-fold increase in traffic and a 25-fold jump in worldwide storage. The surge was thought to come with a steep cost for the climate, since all those racks of servers run hot enough to require special cooling systems and vast amounts of energy. But data centers are rapidly becoming more energy efficient, and new research suggests there’s no longer a close link between more cloud computing and more energy use. A report published Thursday in Science credits the progress to better management, more efficient hardware and the rise of “hyperscale” data centers created by tech giants.Back in 2010, according to the report, data centers globally used about 194 terawatt-hours of electricity—about as much power as Iran used that year. By 2018 that figure had increased to 205 TWh. That’s a 6% rise in power use, in a period that saw data-center computing grow by 550%.The data-center industry’s 20% annual improvement in energy intensity dwarfs all other major parts of the economy. The power used today by data centers, 1% of the global total, is roughly the same as it was in 2010.This was an unexpected result. Analysts have extrapolated the incredible rise in cloud computing on to data-center electricity consumption “leading to unreliable predictions of current and future global data center energy use,” according to the report in Science. Instead of collecting and analyzing power-use data, some researchers had been taking the growth factor seen in data-center internet traffic and assuming energy use was growing just as quickly. This new research is the first major attempt to compile a bottom-up view of data-center energy use in a decade. Researchers based their work on reports published by Cisco Systems, Inc., Lawrence Berkeley National Laboratory and the International Energy Agency, among other sources.“We don’t have nationally reported statistics for data centers,” said Eric Masanet, lead author and a mechanical engineering professor at Northwestern University. That created a lot of work for him and his colleagues. “We don’t see these estimates come out very often.”In a blog post Thursday, Google celebrated the findings and touted the company’s own efforts at buying renewable power and cutting energy use. Urs Hölzle, senior vice president for technical infrastructure, wrote that Google can now harness about seven times as much computing power from the same amount of energy as it could five years ago. (Google and its parent company, Alphabet Inc., were not involved in the research by Masanet’s team or its funding.)Can the trend continue? The rise of hyperscale data centers and potential for better efficiency in storage means that computing and power use may continue to diverge, at least through the next doubling of data-center workloads, which is estimated to take 3 to 4 years. Masanet and his co-authors recommend policy changes to support continued efficiency gains. Government efforts such as the Energy Star program in the U.S. can include servers and networking equipment. Renewable energy can play an even bigger role in data centers through tax credits and procurement standards. Finally, there can be better data about data centers. “Data centers are becoming way too important to not rally more research behind them,” Masanet said.To contact the author of this story: Eric Roston in New York at firstname.lastname@example.orgTo contact the editor responsible for this story: Aaron Rutkoff at email@example.comFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Iron Mountain Incorporated (NYSE: IRM), the storage and information management services company, announced that William Meaney, President & CEO and Barry Hytinen, Executive Vice President and CFO, will participate in the following upcoming investor events:
For consumers and businesses with storage needs, MakeSpace comes to the customer to pick up items using professional movers, stores the items in a warehouse and delivers them back when needed. The East Coast company has taken up some prime downtown office space and its CEO told the Business Journal about its growth plans in the Valley.
We are adding a high-yielding REIT, Iron Mountain (IRM), to our Income/Value Portfolio; specializing in the secure storage and retrieval of data and records for organizations, the company has around 225,000 customers in roughly 50 countries worldwide, explains Scott Chan, editor of The Complete Investor.
To the extent that high-priced stocks indicate successful companies, perhaps low-priced stocks indicate struggling companies, suggests turnaround specialist George Putnam, editor of The Turnaround Letter.
While Iron Mountain's (IRM) Q4 performance reflects healthy storage revenues aided by solid contribution from revenue management, headwinds from paper prices are concerns.
Iron Mountain (IRM) delivered FFO and revenue surprises of 3.17% and 0.67%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?