Iridium Communications Stock Today
| IRDM Stock | USD 31.43 0.35 1.13% |
PerformanceInsignificant
| Odds Of DistressLow
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Iridium Communications is selling at 31.43 as of the 25th of February 2025; that is 1.13 percent increase since the beginning of the trading day. The stock's lowest day price was 31.08. Iridium Communications has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. The performance scores are derived for the period starting the 26th of January 2025 and ending today, the 25th of February 2025. Click here to learn more.
Business Domain Telecommunication Services | IPO Date 20th of March 2008 | Category Communication Services |
Iridium Communications Inc. provides mobile voice and data communications services and products to businesses, the United States and international governments, non-governmental organizations, and consumers worldwide. Iridium Communications Inc. was founded in 2000 and is headquartered in McLean, Virginia. The company has 108.84 M outstanding shares of which 8.43 M shares are currently shorted by private and institutional investors with about 9.7 trading days to cover. More on Iridium Communications
Iridium Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO | Donald Thoma | ||||
| Thematic Ideas | (View all Themes) | ||||
| Business Concentration | Diversified Telecommunication Services, Telecommunication Services, Communication Services, SP Midcap 400, NASDAQ Composite, NASDAQ Composite Total, ISP, Wireless, Communication Services, Diversified Telecommunication Services, Telecom Services, Communication Services (View all Sectors) | ||||
| Average Analyst Recommendation | |||||
Debt LevelsIridium Communications can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Iridium Communications' financial leverage. It provides some insight into what part of Iridium Communications' total assets is financed by creditors.
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Iridium Communications (IRDM) is traded on NASDAQ Exchange in USA. It is located in 1750 Tysons Boulevard, McLean, VA, United States, 22102 and employs 873 people. Iridium Communications is listed under Diversified Telecommunication Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.42 B. Iridium Communications conducts business under Diversified Telecommunication Services sector and is part of Communication Services industry. The entity has 108.84 M outstanding shares of which 8.43 M shares are currently shorted by private and institutional investors with about 9.7 trading days to cover.
Iridium Communications currently holds about 218.76 M in cash with 375.95 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.74.
Check Iridium Communications Probability Of Bankruptcy
Ownership AllocationIridium Communications has a total of 108.84 Million outstanding shares. The majority of Iridium Communications outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Iridium Communications to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Iridium Communications. Please pay attention to any change in the institutional holdings of Iridium Communications as this could imply that something significant has changed or is about to change at the company. Also note that almost four million five hundred eighty-two thousand one hundred twenty-two invesors are currently shorting Iridium Communications expressing very little confidence in its future performance.
Check Iridium Ownership Details
Iridium Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Dimensional Fund Advisors, Inc. | 2024-12-31 | 2.1 M | |
| Geode Capital Management, Llc | 2024-12-31 | 2 M | |
| Morgan Stanley - Brokerage Accounts | 2024-12-31 | 1.9 M | |
| Northern Trust Corp | 2024-12-31 | 1.8 M | |
| American Century Companies Inc | 2024-12-31 | 1.7 M | |
| T. Rowe Price Associates, Inc. | 2024-12-31 | 1.7 M | |
| Victory Capital Management Inc. | 2024-12-31 | 1.6 M | |
| Bank Of New York Mellon Corp | 2024-12-31 | 1.3 M | |
| Jpmorgan Chase & Co | 2024-09-30 | 1.2 M | |
| Blackrock Inc | 2024-12-31 | 12.7 M | |
| Vanguard Group Inc | 2024-12-31 | 10.8 M |
Iridium Communications Historical Income Statement
Iridium Stock Against Markets
Iridium Communications Corporate Executives
Elected by the shareholders, the Iridium Communications' board of directors comprises two types of representatives: Iridium Communications inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Iridium. The board's role is to monitor Iridium Communications' management team and ensure that shareholders' interests are well served. Iridium Communications' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Iridium Communications' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Thomas CPA | Chief CFO | Profile |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iridium Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. To learn how to invest in Iridium Stock, please use our How to Invest in Iridium Communications guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Diversified Telecommunication Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Iridium Communications. If investors know Iridium will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Iridium Communications listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.079 | Dividend Share 0.55 | Earnings Share 0.94 | Revenue Per Share | Quarterly Revenue Growth 0.094 |
The market value of Iridium Communications is measured differently than its book value, which is the value of Iridium that is recorded on the company's balance sheet. Investors also form their own opinion of Iridium Communications' value that differs from its market value or its book value, called intrinsic value, which is Iridium Communications' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Iridium Communications' market value can be influenced by many factors that don't directly affect Iridium Communications' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Iridium Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Iridium Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Iridium Communications' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.