|Bid||31.71 x 800|
|Ask||31.85 x 800|
|Day's Range||31.26 - 31.78|
|52 Week Range||30.22 - 37.32|
|Beta (3Y Monthly)||0.73|
|PE Ratio (TTM)||26.29|
|Earnings Date||Jul 25, 2019 - Jul 29, 2019|
|Forward Dividend & Yield||2.44 (7.97%)|
|1y Target Est||36.00|
Iron Mountain Inc NYSE:IRMView full report here! Summary * Perception of the company's creditworthiness is positive and improving * Bearish sentiment is moderate * Economic output in this company's sector is contracting Bearish sentimentShort interest | NeutralShort interest is moderate for IRM with between 5 and 10% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold IRM had net inflows of $5.43 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Industrialsis falling. The rate of decline is very significant relative to the trend shown over the past year, and is accelerating. The rate of contraction may ease in the coming months, however. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator with a strengthening bias over the past 1-month. IRM credit default swap spreads are decreasing and near the lowest level of the last three years, which indicates improvement in the market's perception of the company's credit worthiness.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Editor's note: This story was previously published in May 2019. It has been edited and republished.No matter where we are in the investing cycle, dividend stocks never go out of style. However, it's during times of unpredictability that investors seek out dividend aristocrats. But despite, there are other dividend stocks out there that are still worth checking out despite not being in this exclusive club.Regardless of the dividend stock's status, investors must consider the following when looking at good dividend stocks to buy: Investors should select a company that has a history of steady increases in dividend distributions, has growing cash flow every year and is still trading a discount or up to fair value.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Reasons to Buy Alphabet Stock Despite Its Earnings Miss With that in mind, here are the seven dividend stocks that are worth your money: Ford (F)Starting with one of the most cyclical but most dependable in dividend income on this list, Ford (NYSE:F) offers a dividend yielding 5.8%.Source: Shutterstock The selling pressure Ford stock saw near the tail-end of 2018 has been replaced by a bit more optimism in 2019still, a U.S.-led trade war is hurting the stock.But the company's quarterly earnings report offered no evidence that business was so bad the stock deserved to fall. Instead, Ford reported a solid earnings-per-share and revenue beat of 29 cents (non-GAAP) and $40.3 billion, respectively.The economic cycle may hurt auto sales, but Ford is ready to take on the challenging environment. It benefited from a strong product mix in North America. It may even issue a special dividend if truck and SUV sales exceed estimates in 2019. Philip Morris International (PM)Philip Morris International (NYSE:PM) has a dividend yielding 5.84%.Source: Shutterstock Rumors that the U.S. Food and Drug Administration plans to impose restrictions on e-cigarette sales hurt PM's stock price slightly. Still, it is holding up better than other cigarette suppliers, which is why it's one of the solid dividend stocks to buy.Philip Morris is adapting to the change in smoking habits. It continues to invest in its IQOS device, which has helped the company significantly in the longer term. IQOS 2 launched at the end of 2018 in Japan with notable success. By offering an alternative to cigarette smoking as consumers embrace the heated tobacco system, this company will bring in revenue growth quarter-after-quarter. * 7 Dark Horse Stocks Winning the Race in 2019 And with that trend playing out, management may reward its loyal investors by increasing its dividends in the years ahead. Dominion Energy (D)Dominion Energy (NYSE:D) has a dividend yield of 4.97%. The stock rallied from $61.53 and closed recently around $74.Source: Shutterstock The company's stock has started to rise out of its 2019 range, but it still has some legroom to run. Dominion Energy earned $1.15 a share and $3.16 so far for the nine months of the year. Power generation, power delivery and gas infrastructure revenue all came within the guidance range midpoint.Income investors may look forward to the completion of the SCANA merger later this year, as Dominion's business plan includes a diverse growth capital investment program that will spread its business risks.Ultimately, this is one of the dividend stocks to buy because, when you consider that it is starting a variety of businesses, it has an improved risk profile, strong earnings results. Chevron (CVX)Chevron (NYSE:CVX) is a major integrated oil and gas firm. At a yield just shy of 4%, consistency is what makes this one of the best dividend stocks to buy.Source: swong95765 via Flickr (Modified)Chevron's upstream operations found a boost at the end of 2018 going into 2019, earning 828 million -- a vast improvement from a loss of $26 million last year. The unit benefited from crude oil prices moving higher, while the company increased production. * 7 Stocks to Buy As They Hit 52-Week Lows Chevron stock is really closely tied to the price of oil, which has been volatile for the last five years, but the dividend is so reliable as to make that a non-issue. Iron Mountain (IRM)At 7.1%, Iron Mountain Incorporated (NYSE:IRM) offers one of the highest dividend yields on this list of dividend stocks to buy.Source: Shutterstock In its Q1 report, revenue rose 5%, year over year while adjusted EBITDA slid 6%. Iron Mountain benefited from rental revenue growing 2.6% so far this year. Internal service revenue growth of 1.8% is due to grow in the shred business, digitization and special projects.Markets often question the sustainability of Iron Mountain's dividend, but the NOI CAGR of 3.1% for Physical Storage, plus its expansion in emerging markets and data center, suggests the company will grow EBITDA through the end of 2020. If business keeps up at this strong pace, the share price will go up, lowering the dividend yield. But management may just hike the dividend in the future to keep its yield attractive while rewarding its shareholders.The takeaway here is that Iron Mountain is in the process of shifting its business into new segments. It has time to make the conversion because its borrowing was at a fixed-rate, averaging 4.8%. BCE Inc (BCE)Telecom giant BCE Inc (NYSE:BCE) is a Canadian firm whose dividend yields 5.04%.Source: BCE, Inc. Bell allayed fears of any business weakness when it reported a good first-quarter report. It added a little more than 3% to its customer base when compared with Q1 2018. This added more than 2% in revenue growth and 6.9% higher adjusted EBITDA.In 2019, BCE will cut 4% of its management staff (700 positions). The capital intensity ratio will fall along with total cash pension funding. In effect, the cost controls will keep profit margins strong while the firm continues to pay out a dividend to shareholders. * 7 S&P 500 Dividend Stocks to Buy at Least Yielding 3% Sure, investors could consider AT&T (NYSE:T) as an alternative, especially given that the dividend is north of 6%. But since BCE is a pure play in wireless and internet markets, with little exposure to content other than its CTV unit, it has a distinct advantage depending on your investment approach. And for that reason, I chose BCE instead. BP (BP)BP (NYSE:BP) already has added about 10% to its stock price this year and its dividend yields 5.81%.Source: Shutterstock While BP had a rocky 2018, 2019 has seen a little less volatility, given that this is an oil stock. This is because the company is well-prepared for an even bigger drop in oil prices. Over the years, it shed non-core assets, strengthened its balance sheet and continued paying a dividend despite the fluctuations in oil prices. Its underlying cash flow inflow is balanced with the outflow of organic capital expenditure and dividends. Should cash flow fall due to lower oil prices, BP may sustain its dividend but lower spending.To keep growing in the future, BP has five major projects currently in operation: Thunder Horse Northwest Expansion, Western Flank B, Atoll, Taas Expansion and Shah Deniz 2.BP's outlook is bright. It is shedding over $3 billion in assets and spending ~ $15 billion in capital expenditure in 2018. In the upcoming fourth quarter, it forecasts higher production from upstream. Downstream will benefit from higher levels of a turnaround thanks to its Whiting refinery in the U.S.Will oil prices keep falling? No one knows, but BP is prepared.As of this writing, Chris Lau owned shares of F and BP. More From InvestorPlace * 7 A-Rated Stocks That Are Under $10 * 7 Stocks That Are Soaring This Earnings Season * 5 Biotech Stocks for a Long-Lived Portfolio * 10 Times Apple's Hardware Failed Consumers -- And Hurt Its Business Compare Brokers The post 7 Dividend Stocks That Are Worth Your Money appeared first on InvestorPlace.
Green Power Pass helps Iron Mountain's data center colocation customers reach their renewable energy, carbon reduction and sustainability goals. BOSTON, June 12, 2019 /PRNewswire/ -- Iron Mountain Incorporated® (IRM), the global leader in storage and information management services, today announced that The Boeing Company, Boston Medical Center, Credit Suisse, and Goldman Sachs have joined the Early Adopter program for its Green Power Pass (GPP), a first-of-its-kind solution in the data center industry for organizations seeking a transparent, industry endorsed accounting process to validate that 100 percent of the power they use at Iron Mountain data centers is from qualifying renewable resources.
In our Global Hidden Gems Portfolio, apart from handpicking stocks that are profitable but trading less than net cash, we also featured high dividend yield stocks around the world in a monthly basis. Here is a list of 70 stocks with the highest yields, but with volatility in the S&P 500 basket. Warning! GuruFocus has detected 3 Warning Signs with CTL.
BOSTON , June 6, 2019 /PRNewswire/ -- Iron Mountain Incorporated (NYSE: IRM), the storage and information management services company, announced that William Meaney , President & CEO will present at the ...
Significant reductions in GHG emissions, improved employee safety metrics and innovative energy reporting solution launch underscore commitment to corporate, environmental and social responsibility across ...
Just to frustrate investors even more than they already are, the market's key indices brushed their pivotal 200-day moving average line on Wednesday, and closed right above them rather than breaking below them or pushing well off of them. The S&P 500's last trade at 2,783.02, down 0.69%, was right in the middle of its narrow daily range, and right at the 200-day moving average line at 2,775.71.Source: Allan Ajifo via Wikimedia (Modified)Advanced Micro Devices (NASDAQ:AMD) did the most net damage to the market, falling more than 3% as profit-takers tore into yesterday's oversized gains. It was China's electric car maker Nio (NYSE:NIO) that suffered the most noteworthy loss though, falling more than 9% on the heels of a disappointing Q1 that prompted at least one downgrade of the already-struggling company.Some names managed to make forward progress, but none were as impressive as Cypress Semiconductor (NASDAQ:CY). Shares of the tech company jumped 12% in response to news that it was mulling putting itself up for sale.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Best Stocks to Buy and Hold Forever Headed into today's action, however, it's stock charts of General Mills (NYSE:GIS), Iron Mountain (NYSE:IRM) and PayPal Holdings (NASDAQ:PYPL) that are worth the closest looks. All three are at the precipice of trade-worthy moves that just need the right nudge. PayPal (PYPL)PayPal has been on a tear this year. At its current price, even with Wednesday's sizeable stumble, PYPL stock is up an impressive 44% from its late-December low. It deserves a break.A deeper, more critical look suggests this chart may have to take a sizeable step back before it begins moving forward again though. In fact, a detailed look at matters suggests the bears have already put that pullback into motion. The trick is simply figuring out where it might stop. Click to Enlarge * The swings since late April are clues in and of themselves. Volatility after a prolonged straight-line move often indicates a change of heart. The purple 50-day line is the make-or-break level from here. * To that end, a couple of the past four trading days have not only been bearish, but they've been bearish on above-average volume. * Zooming out to the weekly chart puts things in perspective. The RSI indicator is now unwinding its overbought condition, but it's also clear in this timeframe that the divergence so far this year has been overdone. * The gray 100-day moving average or the white 200-day moving average line are the most likely landing and turnaround levels for any selloff that takes shape from here. Iron Mountain (IRM)It's not a situation most real estate investment trusts find themselves in right now. Then again, Iron Mountain is unlike most REITs. The company is organized as a real estate investment trust, but provides physical and digital storage of documents companies are required to keep.Regardless of its distinguishing features, recent weakness has dragged IRM to the brink of a critical technical floor, and to within sight of another. And, the weaker it gets, the more sellers crawl out of the woodwork. One or two more rough days could break its fragile floor. * 7 Stocks to Sell Amid an Escalating Trade War Click to Enlarge * The line to watch from today on is $30.58, plotted in blue on the daily chart. That was not only Wednesday's but the key low from a couple of times earlier this year and late last year. * It's not overwhelming, but the volume behind the recent "down" days has been above average, and continues to grow. There may be more sellers waiting in the wings. * Backing out to the weekly chart we can see Iron Mountain shares have actually been fighting a losing battle for years. The rising support line that carries IRM higher from early 2009 has been broken and re-broken since the middle of last year, after failing to make higher highs since 2014. General Mills (GIS)With nothing more than a quick glance, General Mills looks like it's untouchable. The stock plunged more than 5% on Wednesday -- a big move for a food name -- and the volume was heavy. There were a bunch of sellers, and more downside could be in store.A closer look at the chart and the backdrop, however, hints that yesterday's big setback may actually be a buying opportunity. The bleeding stopped exactly where it was supposed to, and where one would normally expect to see a reversal effort. Click to Enlarge * The key line is the 100-day moving average line, plotted in gray on both stock charts. GIS only had to kiss it for the buyers to get off the sidelines. * Underscoring the bullish argument is the possibility that General Mills only had to close the gap left behind in March. The lower edge of that span is highlighted with a yellow line on both stock charts. * Whatever's in the cards, it's apt to happen soon. How shares respond today will suggest much about the true direction of the undertow here.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Sell Amid an Escalating Trade War * 5 REITs to Buy While They're Dirt Cheap * The Only 3 Marijuana Stocks You Need to Own Compare Brokers The post 3 Big Stock Charts for Thursday: General Mills, Iron Mountain and PayPal appeared first on InvestorPlace.
BOSTON , May 28, 2019 /PRNewswire/ -- Iron Mountain Incorporated (NYSE: IRM), the storage and information management services company, announced that William L. Meaney , President & CEO will present ...
Iron Mountain (IRM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
The dividend yield is at an all-time high since we first recommended real estate investment trust Iron Mountain (IRM) two-and-a-half years ago, observes Ian Wyatt, growth and income expert and editor of High Yield Wealth.
Iron Mountain's (IRM) performance in first-quarter 2019 reflects higher labor costs and lower-than-expected growth in revenues. However, management maintains its full-year outlook.
BOSTON (AP) _ Iron Mountain Inc. (IRM) on Thursday reported a key measure of profitability in its first quarter. The results fell short of Wall Street expectations. The real estate investment trust, based in Boston, said it had funds from operations of $137.5 million, or 48 cents per share, in the period.