Iron Mountain Incorporated (IRM) fair value analysis
S&P 500 · Updated 2026-10-19
IRM price how computed
Valuation status
No P/E-based verdictIRM: P/E-based fair value does not apply to REITs; their earnings are reported net of depreciation.
The price, fundamentals and dividend data below are unaffected.
- Last price
- $114.51
- Sector
- Real Estate
- 12-month range
- $78.86–$133.06
- Market cap
- $34.1B
- From 52-week high
- -13.9%
- Shares outstanding
- 298M
- Rank in Real Estate by quality score
- #29 of 45
Last price is our 2026-10-19 weekly price; the chart runs through 2026-10-16.
Iron Mountain Incorporated is a company that provides information management and storage services, including physical records management, secure shredding, data centers, and digital solutions for organizations across various industries. The company operates globally with a presence in multiple countries across North America, Europe, Asia Pacific, and Latin America.
IRM currently ranks #29 of 45 Real Estate stocks by quality score.
Fundamentals (4 quarters) how computed
- Market cap
- $34.1B
- P/E (trailing)
- 29x
- Revenue (TTM)
- $7.56B
- Net margin
- 5.5%
- EPS (TTM)
- $3.97
- Gross margin
- 52.8%
- Debt / equity
- 0.00
- Revenue growth (3-yr avg)
- 15.4%
- Shares outstanding
- 298M
Derived indicators how computed
- Quality grade
- D
- Margin trend
- Contracting
- 52-week position
- The upper-middle quarter of its range
Technicals how computed
- RSI (14-day)
- 47 · neutral
- 50-day average
- $116.83
- 200-day average
- $113.91
- Moving-average state
- 50-day above 200-day (golden cross state); price between the averages
Dividends how computed
- Paid, last 12 months
- $3.46 per share (4 payments)
- Yield on last price
- 3.02%
- Consecutive years of increases
- 3
- Last ex-dividend date
- 2026-09-15
- Last payment date
- 2026-10-02
Earnings how computed
- Next earnings report
- 2026-11-05 (pre-market)
- Last 8 quarters vs consensus
- 5 beat, 3 missed
- Quarter by quarter
- 2026-06 ▲ beat (+12.5%)
2026-03 ▲ beat (+15.4%)
2025-12 ▲ beat (+3.4%)
2025-09 ▲ beat (+15.8%)
2025-06 ▼ miss (-4.0%)
2025-03 ▲ beat (+7.5%)
2024-12 ▼ miss (-6.2%)
2024-09 ▼ miss (-8.3%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 11 buy · 0 hold · 1 sell (12 analysts)
- Consensus lean
- Buy-leaning
- Consensus price target
- $144
- Target vs last price
- +25.8%
What our data shows for IRM
- Shares are trading in the middle of their 12-month price range of $78.86–$133.06.
- The 14-day relative strength index sits at a neutral 47.
What subscribers see
- Every published Forward Fair Value with its exact discount or premium
- The normalized P/E and quarter count behind each estimate
- Screeners and rankings across the full S&P 500 and Nasdaq universes
- IRM's own verdict the week it qualifies, published automatically
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent IRM news
TickrTrends' derived news-sentiment signal for IRM is currently leaning positive, computed from recent coverage.
- Jim Cramer on Iron Mountain (IRM): “It’s Been an Incredible Stock” (finance.yahoo.com, 2026-09-20)
TickrTrends take: Iron Mountain operates in the Real Estate sector and currently trades at a valuation that TickrTrends derives as overvalued. While positive commentary from prominent analysts may reflect confidence in the company's operational performance, valuation-focused investors should monitor whether the stock's price movement continues to outpace fundamental improvements in earnings or asset values. Given the overvalued assessment, tracking metrics such as funds from operations relative to stock price would be relevant for investors considering entry or exit points. - Is Iron Mountain Stock Underperforming the Dow? (finance.yahoo.com, 2026-09-16)
TickrTrends take: Iron Mountain's stock performance relative to the Dow provides context for evaluating whether market sentiment aligns with TickrTrends' current overvaluation assessment. Given that IRM operates in the Real Estate sector, a valuation-focused reader should monitor whether underperformance reflects genuine deterioration in fundamentals or represents a market repricing toward more reasonable valuations. Tracking how IRM's valuation metrics move in relation to sector peers will be important for understanding whether the current overvaluation verdict remains justified or shifts as market conditions evolve.
What people are saying
Follow the IRM conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-06 — TickrTrends' derived indicators for IRM reflect a change in valuation assessment this week. The valuation verdict shifted from Overvalued to no P/E-based verdict, a change that reflects IRM's status as a real estate investment trust operating in the Real Estate sector.
- 2026-09-28 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-21 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is IRM stock undervalued?
TickrTrends publishes no fair-value verdict for IRM. P/E-based fair value does not apply to REITs; their earnings are reported net of depreciation.
What is IRM's TickrTrends verdict?
IRM is a REIT, so it is marked 'No P/E-based verdict'. Its price, fundamentals and dividend data are still shown and refreshed with every run.
How does IRM compare to other Real Estate stocks?
IRM ranks #29 of 45 Real Estate stocks in TickrTrends' coverage by quality score. It carries no fair-value verdict yet, so it is not ranked by discount.
Is IRM overbought or oversold?
IRM's 14-day RSI is in neutral territory - neither overbought nor oversold.
Does IRM pay a dividend?
Yes. IRM paid $3.46 per share over the last twelve months (4 payments), a 3.02% yield on TickrTrends' last price, and has raised the annual total for 3 consecutive years. The last ex-dividend date was 2026-09-15.
When does IRM report earnings next?
IRM's next earnings report is scheduled for 2026-11-05 (pre-market), per the published earnings calendar.
Does IRM usually beat earnings estimates?
Over its last 8 reported quarters IRM beat the consensus estimate 5 times and missed 3 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about IRM?
Of 12 analysts covering IRM, 11 rate it a buy, 0 a hold and 1 a sell - buy-leaning, with a consensus price target of $144 (+25.8% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.