What does Iron Mountain do?

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.

In this regard, how many customers does Iron Mountain have?

230,000 customers

Likewise, is Iron Mountain a good buy? That makes Iron Mountain look good to investors who simply glance at the reported dividend payout ratio, but only as long as they don't worry too much about the quality of the underlying cash sources. Relying on adjustments to other adjustments is enough to make me queasy.

Correspondingly, who uses Iron Mountain?

Iron Mountain is most often used by companies with 1000-5000 employees and >1000M dollars in revenue.

Why is Iron Mountain stock going down?

Shares of Iron Mountain (NYSE:IRM) lost 1.67% in 2019, according to data provided by S&P Global Market Intelligence. A high valuation on the shares and slow revenue growth have caused the stock price to remain flattish in recent years.

Who are Iron Mountain competitors?

Iron Mountain's top competitors include Hewlett Packard Enterprise, Inspur Group, CoreSite Realty and eGroup. Iron Mountain is a company providing storage and information management services. Hewlett Packard Enterprise operates as a technology company. Inspur Group is a cloud computing and big data service provider.

When did Iron Mountain Buy recall?

Rob Alston, CEO of Livermore, California-based Access, has announced the company's acquisition of document management assets from Boston-based Iron Mountain in 13 U.S. geographies. These are locations that had been operated by Recall until that company's acquisition by Iron Mountain May 1, 2016.

What does Iron Mountain charge?

The cost is $10 per box (standard copy-size) with a minimum charge of $300. Iron Mountain has a strong A+ rating from the Better Business Bureau.

What does Iron Mountain do with the paper?

Iron Mountain Secure Shredding services protect the privacy of your information by destroying paper records and documents, plastics and media in a cost-efficient, safe and compliant way.

How does Iron Mountain storage work?

Once you schedule your service online, simply prep and pack your boxes, or use our standard and RFID-ready boxes, specially designed for long-term storage. And with Iron Mountain Connect, you can easily determine if you need your entire box returned to you, or have specific documents sent to you by email or fax.

What sector is Iron Mountain?

Iron Mountain (company)

Type	Public
Traded as	NYSE: IRM S&P 500 Component
ISIN	US46284V1017
Industry	Information storage Enterprise information management
Founded	1951

Why is it called Iron Mountain?

Iron Mountain was named for the valuable iron ore found in the vicinity.

Who founded iron?

Iron founder. An iron founder (also iron-founder or ironfounder) is a worker in molten ferrous metal, generally working within an iron foundry. Historically the appellation "founder" was given to the supervisor of a blast furnace, and persons who made castings in iron or other heavy metal.

How long is the Iron Mountain Hike?

4 hours

What is Iron Mountain Connect?

Iron Mountain Connect™ is Iron Mountain's online customer hub that helps you manage your information. Through our online hub, users can easily link to the features they need to manage their offsite records and shred programs as well as their assets in escrow.

Is Iron Mountain a REIT?

Iron Mountain is not your “run of the mill” REIT. The company was founded in 1951 and in late 2014 announced it was becoming a REIT. Remember, by converting to a REIT, Iron Mountain was forced to pay out at least 90% of taxable income to investors, resulting in a substantially higher dividend than it previously paid.

What is in Iron Mountain vault?

Iron Mountain's “The Underground” is a secure information storage facility that lies 220 feet below ground in a massive, naturally protected former limestone mine. Vaults maintain specified temperature and relative humidity conditions for medium-term and extended-term storage conditions. Rapid Accessibility.

Is IRM a good investment?

Compared to these stocks Iron Mountain Incorporated (NYSE:IRM) is even less popular than FDS. Our calculations showed that the top 20 most popular hedge fund stocks returned 37.4% in 2019 through the end of November and outperformed the S&P 500 ETF (SPY) by 9.9 percentage points.

Does Iron Mountain pay dividends?

Iron Mountain paid its first dividend in February of 2010. Iron Mountain raised its annual payout by 13% in 2016, 6.8% in 2017, 4% in 2018, and only 1.2% this year.

What is Iron Mountain dividend?

Dividend History for Iron Mountain, Inc. (IRM) Ticker | Expand Research on IRM. Price: 34.45 | Annualized Dividend: $2.44 | Dividend Yield: 7.1% Ex-Div.