IRM Stock Summary and Trading Ideas (Iron Mountain (Delaware)Common Stock REIT | NYSE:IRM)

Iron Mountain Inc is a record management services provider. It is organized as a REIT. Majority of its revenue comes from its storage business, with the rest coming from value-added services. The firm primarily caters to enterprise clients in developed markets. Its business segments include Global RIM Business; Global Data Center Business; and Corporate and Other Business. It generates maximum revenue from Global RIM Business segment.

Iron Mountain (Delaware)Common Stock REIT trades on the NYSE stock market under the symbol IRM.

As of March 4, 2025, IRM stock price declined to $88.24 with 2,511,695 million shares trading.

IRM has a beta of 0.94, meaning it tends to be less sensitive to market movements. IRM has a correlation of 0.15 to the broad based SPY ETF.

IRM has a market cap of $25.89 billion. This is considered a Large Cap stock.

Last quarter Iron Mountain (Delaware)Common Stock REIT reported $2 billion in Revenue and $.50 earnings per share. This fell short of revenue expectation by $-19 million and missed earnings estimates by -$.03.

In the last 3 years, IRM traded as high as $130.24 and as low as $43.33.

The top ETF exchange traded funds that IRM belongs to (by Net Assets): VNQ, VTI, VOO, VO, SPY.

IRM has underperformed the market in the last year with a price return of +12.3% while the SPY ETF gained +13.9%. IRM has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -26.0% and -7.5%, respectively, while the SPY returned -4.2% and -5.4%, respectively.

IRM support price is $88.46 and resistance is $91.96 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IRM shares will trade within this expected range on the day.