Iron Mountain (IRM)
Real Estate · specialized REITs · NYSE
Iron Mountain is a global leader in storage and information management, transitioning into high-growth data center and digital services infrastructure.
What Iron Mountain does
Iron Mountain provides storage, information management, and data center services. The company helps organizations manage physical records, protect digital assets, and optimize data center infrastructure. They operate a global network of facilities designed for secure information storage and cloud-enabled digital transformation solutions.
Themes: data centers, information management, cloud storage, digital transformation, physical records storage
Fundamentals
- Price$112.97 as of 2026-10-08 close
- Market cap$33.6B as of 2026-07-24 (share count; price 2026-10-08)
- 1-year return+7.2% 2025-10-08 close $105.39 → 2026-10-08 close $112.97
- P/E80.62 as of 2026-10-08
- Net margin+2.2% FY2025, SEC XBRL
- Debt / equity685.59 as of 2026-09-02
- Revenue growth (YoY)+17.4% as of 2026-09-02
- Revenue CAGR (3y)+10.6% SEC XBRL
- Beta1.00 as of 2026-09-02
- Last reported earnings2026-08-05 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +3.0%; 11-year non-decreasing per-share dividend streak (SEC XBRL).
How IRM compares in its sector
- price-to-earnings ratiotop 25% 120 covered Real Estate peers, as of 2026-10-08
- net profit marginmiddle range 154 covered Real Estate peers, as of 2026-09-02
- operating marginmiddle range 96 covered Real Estate peers, as of 2026-09-02
- 3-year revenue CAGRtop 25% 155 covered Real Estate peers
- indicated dividend yieldbottom 25% 140 covered Real Estate peers, as of 2026-09-02
- free cash flow (absolute dollars, latest fiscal year)bottom 10% 41 covered Real Estate peers, as of FY2025
Position among covered Real Estate companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Dividend coverage (FY2025)
Exceeded at least one reported measure. In FY2025, IRM's dividend exceeded at least one reported measure of what it earned or generated (earnings payout 604%). A payout above 100% in one year is not necessarily unsustainable, but it is not fully covered by that measure.
- Earnings payout604% dividends / net income
- Free-cash-flow payoutnot assessable free cash flow was not positive that year
Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How Iron Mountain looks technically
Iron Mountain (IRM) is trading 0.6% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 146 trading days ago — a "golden cross", a bullish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 18, below the 25 that marks a real trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 46, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bullish about 5 trading days ago (its momentum flipped positive). It made a new 20-day low about 7 trading days ago. It is 16.1% below its highest point of the past year.
Trend
9
| Distance from the 200-day | it is trading 0.6% above its 200-day average, the long-term trend line — a longer-term uptrend | +0.6% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $118.13 | $118.13 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $112.27 | $112.27 |
| Swing structure | each recent peak has been lower than the one before it and each dip deeper — the pattern chart-watchers call a downtrend, which describes where price has already been and not where it goes next | lower highs and lower lows |
| Last swing turn | its last significant turn was a swing low 7 calendar days ago — the swings before that are what the structure reading is measured on | 7 sessions |
| Wave structure | its recent swings can be read as a completed three-part downward correction — a pullback in the A-B-C shape Elliott-wave chartists use; the labelling fails if price closes below 108.96. It is the only labelling that fits, though not with textbook proportions, and it describes the swings already printed, not what comes next. | possible three-wave downward correction, complete (atypical proportions) |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 146 trading days ago — a "golden cross", a bullish long-term signal | 146 sessions |
| Above the 200-day after a dip | it recently dipped to its 200-day average (the long-term trend line) and has since climbed back above it — now about 0.6% above | +0.6% |
| Trend strength (14-day ADX) | there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 18, below the 25 that marks a real trend) | 18.1 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 46, neither overbought (above 70) nor oversold (below 30) | 45.7 |
|---|---|---|
| Position in its 14-day range | it is trading in the lower half of its 14-day range ($108.96 to $118.47) — its "stochastic" reading is 42 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. | 42.2 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bullish about 5 trading days ago (its momentum flipped positive) | 5 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $134.68 | $134.68 |
|---|---|---|
| From the 52-week high | it is 16.1% below its 52-week high (its highest price of the past year) | -16.1% |
| Above the 52-week low | it is 45.3% above its 52-week low (its lowest price of the past year) | +45.3% |
| Below the 52-week high | it is 16.1% below its highest point of the past year | 16.1% |
| Since a 20-day breakout | it made a new 20-day low about 7 trading days ago | 7 sessions |
| Since a 55-day breakout | it made a new 55-day low about 7 trading days ago | 7 sessions |
| All-time high | its highest closing price on record is $134.68 (set on 2026-06-24) | $134.68 |
| Given back of the 52-week move | over the past year its closes ranged ($78.86 to $133.06), and it has given back roughly a third of its rise from last year’s low — 37% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $97.83 to $99.56. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 37.1% |
| From the all-time high | it is 16.1% below its all-time high | -16.1% |
| Nearest price level | it is trading 0.7% above a support level at $112.20 — a price it turned at three times since 2024-11-06, most recently on 2025-01-24. Since 2024-10-08 it has 9 such levels below the current price and 6 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -0.7% |
| All-time low | its lowest closing price on record is $15.44 (set on 2008-11-21) | $15.44 |
| Above the all-time low | it is 631.5% above its all-time low | +631.5% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are narrower than usual versus its own recent 6-month history (tighter than about 78% of it) | 22nd percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $3.29 between its high and its low — about 2.9% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $3.29 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $109.35 and $117.74 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $109.35 – $113.55 – $117.74 |
| Typical daily range (% of price) | its price moves about 2.9% in a typical session — calmer than most companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 2.9% |
| Stretch from the 200-day average | it is trading 0.2 daily ranges above its 200-day average price (0.6% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 0.2 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 1.09× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
1
| Since a doji | 8 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 8 sessions ago |
|---|
Price gaps
3
| Gap at the open | it opened on 2026-10-08 0.4% below the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and had not traded back through that level by the close | -0.3% |
|---|---|---|
| Open gap | it gapped 2.0% below the previous close 11 sessions ago and has not traded back through the level it left behind at 118.13 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | -2.0% |
| Gap filled | a 2.7% gap up opened on 2026-08-05 has been "filled" 45 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 45 sessions ago |
Price streaks
1
| Closing streak | it has closed lower 2 sessions in a row, a -3.03% move over the run — an unbroken run of down days, which describes what has already happened and says nothing about the next session | 2 sessions down |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 3.7 percentage points (the stock lost 2.7% while the market gained 1.0%) | -3.7% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 6.0 percentage points (the stock lost 2.2% while the market gained 3.8%) | -6.0% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 9.2 percentage points (the stock gained 8.3% while the market gained 17.5%) | -9.2% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 7.8 percentage points (the stock gained 7.2% while the market gained 15.0%) | -7.8% |
Signal agreement
2
| Bullish technical signals | 3 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average, MACD momentum is positive — these describe past price behaviour, not a forecast | 3 of 9 |
|---|---|---|
| Bearish technical signals | 2 of the 9 technical signals we can compute for it are currently in a bearish state: lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 2 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 6.0% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-01 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is moderate, spanning 3.1% of the share price. | -6.0% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 1% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $113.54 — a volume-weighted average of daily closes over 190 sessions, not a true tick-by-tick VWAP. | -0.5% |
|---|---|---|
| Vs the average paid since it last reported | the price is 4% below the average price paid since it last reported on 2026-08-05 (its 10-Q), so the typical buyer over that stretch is under water. That average is $117.21 — a volume-weighted average of daily closes over 46 sessions, not a true tick-by-tick VWAP. | -3.6% |
Double bottom, bullish — forming · entry $118.13 · 25 sessions in
Price levels it has turned at before
IRM last closed at $112.97 on 2026-10-08. Since 2024-10-08 it has turned at 9 prices below its last close and 6 above; the 3 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $112.20 | Support | 0.7% below the last close | turned there three times · 2024-11-06 to 2025-01-24 |
| $114.78 | Resistance | 1.6% above the last close | turned there twice · 2026-02-25 to 2026-07-08 |
| $109.44 | Support | 3.1% below the last close | turned there six times · 2025-10-15 to 2026-10-01 |
| $106.32 | Support | 5.9% below the last close | turned there 7 times · 2025-01-03 to 2025-11-05 |
| $119.67 | Resistance | 5.9% above the last close | turned there four times · 2026-04-21 to 2026-09-22 |
| $122.39 | Resistance | 8.3% above the last close | turned there twice · 2026-05-19 to 2026-06-11 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a three-part downward correction — the A-B-C shape chartists use for a pullback — now complete.
This labelling fails — stops being a possible reading at all — if it closes below $108.96.
It is the only labelling that fits these swings, though its proportions are not the textbook ones.
This reading has stood for 1 trading day, since 2026-10-08.
Read from daily closes as of 2026-10-08.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Near 200-day moving-average support · Trading above the 200-day moving average · MACD just crossed bullish (12/26/9) · trendless / choppy (low ADX) · lagging the market · Trading at this year’s average price paid (anchored VWAP) | Learn: moving average · golden cross · adx · rsi · macd · breakout · fifty two week high low
Based on daily closing prices as of 2026-10-08. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingBuy (1.67 mean, 1=Strong Buy…5=Strong Sell) — 11 analysts
- Mean price target$145.09 range $132.00 – $155.00; median $145.00
Analyst estimates, as of 2026-10-09. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for IRM
- Consensus EPS estimate$0.6099 next reporting period, as of 2026-10-09
- Estimate change, 30 days$0.00 (0.0%) from $0.6099, on 2026-09-04, 35-day window
- Readings revised upward0% of 8 comparable readings
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["significant debt levels and interest rate sensitivity","reliance on physical storage as a legacy revenue stream amid digital transition","risks associated with large-scale facility acquisitions and integration"]
Insider activity (SEC Form 4)
0 open-market purchases and 16 open-market sales by insiders in the last 90 days, of which we have read Form 4 filings through 2026-10-04. The 5 days since 2026-10-04 have not been checked yet.
- Last 30 days · read to 2026-10-040 buys · 4 sells ($5M) — 2 selling insiders
- Last 90 days · read to 2026-10-040 buys · 16 sells ($17M) — 3 selling insiders
- Last 180 days · read to 2026-10-040 buys · 34 sells ($36M) — 6 selling insiders
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-10-01. Based on Form 4 filings read through 2026-10-04; anything filed since is not yet included.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about IRM's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Short interest (FINRA)
IRM had 7,932,714 shares of reported short interest as of the 2026-09-15 FINRA settlement date (delayed, bi-monthly; not real-time).
IRM had 2.66% of its shares outstanding sold short as of the 2026-09-15 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 4.69 days to cover at the same settlement.
- Reported short interest (shares) 7,932,714
- Short interest (% of shares outstanding) 2.66%
- Prior settlement (shares) 6,463,287
- Reported change 22.73%
- Days to cover (reported) 4.69
Reported to FINRA as of the 2026-09-15 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Equinix (EQIX)
- Digital Realty (DLR)
- CyrusOne
- Crown Castle (CCI)
- American Tower (AMT)
- Recall (acquired)
- Shred-it
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare IRM vs…
Iron Mountain is found in…
Frequently asked questions
What does Iron Mountain (IRM) do?
Iron Mountain provides storage, information management, and data center services. The company helps organizations manage physical records, protect digital assets, and optimize data center infrastructure. They operate a global network of facilities designed for secure information storage and cloud-enabled digital transformation solutions.
What sector is Iron Mountain (IRM) in?
Iron Mountain (IRM) is classified in the Real Estate sector. Its industry is specialized REITs. It trades on NYSE.
Does IRM pay a dividend?
Yes — Iron Mountain (IRM) pays a dividend, with an indicated yield of about 3.01% and 11-year non-decreasing per-share dividend streak (SEC EDGAR XBRL) (market data, as of 2026-09-02). Informational only — not financial advice.
Who are Iron Mountain's (IRM) competitors?
Notable peers of Iron Mountain (IRM) include Equinix, Digital Realty, CyrusOne, Crown Castle and American Tower. This peer set is informational only — not financial advice.
Is Iron Mountain (IRM) overbought or oversold right now?
Iron Mountain (IRM) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 46, in the neutral middle (as of 2026-10-08). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on IRM come from?
Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-02 for the rest; prices are market data, as of 2026-09-02; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-02 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-08.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.