Who is Iron Mountain owned by?

Who is Iron Mountain owned by?

Iron Mountain is not owned by hedge funds. The company’s largest shareholder is The Vanguard Group, Inc., with ownership of 17%. With 12% and 7.7% of the shares outstanding respectively, Capital Research and Management Company and BlackRock, Inc. are the second and third largest shareholders.

What does Iron Mountain company do?

Iron Mountain Incorporated (NYSE: IRM) is a global business dedicated to storing, protecting and managing, information and assets. Organisations across the globe trust us to store and protect information and assets. Thousands of local enterprises work with us, as does almost all of the FORTUNE 1000.

Why do they call it Iron Mountain?

In 1936, he paid $9,000 for a depleted iron ore mine and 100 acres of land so that he could have more space to grow his product. But by 1950, the mushroom market had shifted, so Mr. Knaust decided upon a new business venture—one that would make good use of his mine, which he named “Iron Mountain.”

How does Iron Mountain make money?

Roughly 65% of Iron Mountain’s revenues, or around $2.86 billion, come from its storage business. Of that number, 73% is related to records management, the legacy physical storage business.

What is Iron Mountain REIT?

Iron Mountain (IRM 0.61%) is a unique real estate investment trust (REIT) that basically has no direct peers. That can make it hard to analyze the company, but there are some financial truths that can’t be ignored, and those metrics show the REIT and its dividend may be riskier than some investors realize.

What kind of company is Iron Mountain?

enterprise information management services company
(NYSE: IRM) is an American enterprise information management services company founded in 1951 and headquartered in Boston, Massachusetts….Iron Mountain Inc.

What type of company is IRM?

Iron Mountain Incorporated (NYSE: IRM) is a global business dedicated to storing, protecting and managing, information and assets. Organizations across the globe trust us to store and protect information and assets. Thousands of local enterprises work with us, as does almost all of the FORTUNE 1000.

Is Iron Mountain a REIT?

At a lower price, Iron Mountain Incorporated (NYSE:IRM), a specialty REIT with a $13 billion valuation, is particularly appealing.

Is Iron Mountain a corporation?

Is Iron Mountain a good investment?

IRM boasts a Momentum Style Score of B and VGM Score of B, and holds a Zacks Rank #3 (Hold) rating. Shares of Iron Mountain has seen some interesting price action recently; the stock is up 0.4% over the past one week and up 8.3% over the past four weeks. And in the last one-year period, IRM has gained 48.9%.

What type of REIT is Iron Mountain?

Iron Mountain Inc is a record management services provider. The firm is organized as a REIT. Most of its revenue comes from its storage business, with the rest coming from value-added services….About Iron Mountain Incorporated.

Is Iron Mountain a good REIT?

Does Iron Mountain own real estate?

Iron Mountain (IRM -2.39%) is a unique real estate investment trust (REIT) that basically has no direct peers. That can make it hard to analyze the company, but there are some financial truths that can’t be ignored, and those metrics show the REIT and its dividend may be riskier than some investors realize.

Who are Iron Mountain competitors?

Iron Mountain competitors include Carbonite, ARC Document Solutions, InfoPreserve and ThinAir.

What IRM means?

Integrated risk management (IRM) is a set of practices and processes supported by a risk-aware culture and enabling technologies, that improves decision making and performance through an integrated view of how well an organization manages its unique set of risks.

What kind of REIT is Iron Mountain?

Should I invest in Iron Mountain?

Should I sell Iron Mountain?

The consensus among Wall Street research analysts is that investors should “hold” Iron Mountain stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IRM, but not buy additional shares or sell existing shares.

Should I invest in IRM?

Iron Mountain Incorporated – Hold Valuation metrics show that Iron Mountain Incorporated may be fairly valued. Its Value Score of C indicates it would be a neutral pick for value investors. The financial health and growth prospects of IRM, demonstrate its potential to perform inline with the market.

Did Iron Mountain buy shred it?

Iron Mountain – Iron Mountain Agrees to Sell Shredding Operations in UK, Ireland and Australia to Shred-it and Acquire Canadian-based Securit Records Management.