Logo image of IRDM

IRIDIUM COMMUNICATIONS INC (IRDM) Stock Price, Quote, News and Overview

NASDAQ:IRDM - Nasdaq - US46269C1027 - Common Stock - Currency: USD

29.41  +0.28 (+0.96%)

After market: 29.55 +0.14 (+0.48%)

IRDM Quote, Performance and Key Statistics

IRIDIUM COMMUNICATIONS INC

NASDAQ:IRDM (1/23/2025, 5:56:37 PM)

After market: 29.55 +0.14 (+0.48%)

29.41

+0.28 (+0.96%)

Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
GICS IndustryGroupTelecommunication Services
GICS SubIndustryAlternative Carriers
Statistics
52 Week High37.13
52 Week Low24.14
Market Cap3.35B
Shares113.85M
Float100.83M
Yearly Dividend0.52
Dividend Yield2%
PE31.62
Fwd PE29.79
Earnings (Next)02-13 2025-02-13/amc
IPO02-15 2008-02-15


IRDM short term performance overview.The bars show the price performance of IRDM in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 0 2 4 6

IRDM long term performance overview.The bars show the price performance of IRDM in the last 1, 2 and 3 years. 1 year 2 years 3 years -10 -20 -30 -40 -50

The current stock price of IRDM is 29.41 USD. In the past month the price increased by 0.68%. In the past year, price decreased by -19.47%.

IRIDIUM COMMUNICATIONS INC / IRDM Daily stock chart

IRDM Latest News, Press Releases and Analysis

News Image
12 hours ago - Iridium Communications Inc.

Iridium Announces Release Date for Fourth-Quarter and Full Year 2024 Financial Results

/PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, will host a...

News Image
21 days ago - Iridium Communications Inc.

Iridium to Participate at 27th Annual Needham Growth Conference

/PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, today announced...

News Image
21 days ago - Investor's Business Daily

AI Everywhere At CES 2025 With Spotlight On Nvidia CEO Jensen Huang

The CES 2025 tech trade show will showcase advancements in artificial intelligence, robotics, wearable devices and other hot areas.

News Image
25 days ago - The Motley Fool

Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought

Wood's ETFs have been surging in recent months, but she still added to three positions on Friday that are trading lower in 2024.

News Image
a month ago - MarketBeat

Signal Boost: 2 Key Satellite Stocks Driving Industry Growth

Investing in satellite communication stocks presents unique opportunities for growth but requires careful consideration of diverse technologies.

IRDM Competitors/Peers

The largest stocks on the US markets in the "Alternative Carriers" sub-industry
Full List
Symbol
Name
TA
FA
PE
Market Cap
LUMN LUMEN TECHNOLOGIES INC N/A 5.86B
ASTS AST SPACEMOBILE INC N/A 5.74B
LBTYK LIBERTY GLOBAL LTD-C N/A 4.34B
LBTYB LIBERTY GLOBAL LTD-B N/A 4.31B
LBTYA LIBERTY GLOBAL LTD-A N/A 4.25B
CCOI COGENT COMMUNICATIONS HOLDIN 96.18 3.68B
GSAT GLOBALSTAR INC N/A 3.60B
SIFY SIFY TECHNOLOGIES-SPON ADR 4.62 1.36B
LILA LIBERTY LATIN AMERIC-CL A N/A 1.35B
LILAK LIBERTY LATIN AMERIC-CL C N/A 1.33B
TSAT TELESAT CORP 8.74 883.56M
ATEX ANTERIX INC N/A 549.66M

About IRDM

Company Profile

IRDM logo image Iridium Communications, Inc. engages in the provision of global satellite communications services and products. The company is headquartered in Mclean, Virginia and currently employs 760 full-time employees. The company went IPO on 2008-02-15. The firm is engaged in providing mobile voice and data communications services using a constellation of orbiting satellites. The company provides voice and data communications services to businesses, the United States and foreign governments, non-governmental organizations, and consumers via its satellite network, which has an architecture of 66 operational satellites with in-orbit spares and related ground infrastructure. The company utilizes an interlinked mesh architecture to route traffic across its satellite constellation using radio frequency crosslinks between satellites. The company serves market, such as emergency services, maritime, aviation, government, utilities, oil and gas, mining, recreation, forestry, heavy equipment, construction, railways and other transportation. Its products include Satellite Handsets and Iridium GO!, Broadband Data Devices, Voice and Data Modems and Internet of Things Data Devices.

Company Info

IRIDIUM COMMUNICATIONS INC

Suite 1400, 1750 Tysons Boulevard

McLean VIRGINIA 22102 US

CEO: Matthew J. Desch

Employees: 763

Company Website: https://www.iridium.com/

Investor Relations: https://investor.iridium.com

Phone: 13015716200

IRDM FAQ

What is the price of IRDM?

The current price of IRDM is 29.41 USD.


What is the symbol for IRIDIUM COMMUNICATIONS INC?

The exchange symbol of IRIDIUM COMMUNICATIONS INC is IRDM and it is listed on the Nasdaq exchange.


On which exchange is IRDM listed?

IRDM is listed on the Nasdaq exchange.


Is IRDM a good stock to buy?

Always make your own analysis. On these pages you can find a full technical and fundamental analysis report for IRDM, which may be a starting point for your analysis. You can also find the financials, news, analyst ratings and estimates here, which can be used to increase your understanding of IRDM.


Does IRDM pay dividends?

IRDM has a dividend yield of 2%. The yearly dividend amount is currently 0.52.


When does IRDM report earnings?

IRDM will report earnings on 2025-02-13, after the market close.


What is the Price/Earnings (PE) ratio of IRDM?

The PE ratio for IRDM is 31.62. This is based on the reported non-GAAP earnings per share of 0.93 and the current share price of 29.41 USD.


What is the Short Interest ratio of IRDM?

The outstanding short interest for IRDM is 7.92% of its float.


IRDM Technical Analysis

ChartMill assigns a technical rating of 4 / 10 to IRDM. When comparing the yearly performance of all stocks, IRDM is a bad performer in the overall market: 78.79% of all stocks are doing better.


Chartmill TA Rating
Chartmill Setup Rating

IRDM Fundamental Analysis

ChartMill assigns a fundamental rating of 5 / 10 to IRDM. While IRDM belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

IRDM Financial Highlights

Over the last trailing twelve months IRDM reported a non-GAAP Earnings per Share(EPS) of 0.93. The EPS increased by 616.67% compared to the year before.


Industry RankSector Rank
PM (TTM) 11.09%
ROA 3.25%
ROE 11.24%
Debt/Equity 2.08
Chartmill High Growth Momentum
EPS Q2Q%2200%
Sales Q2Q%7.68%
EPS 1Y (TTM)616.67%
Revenue 1Y (TTM)2.87%

IRDM Ownership and Analysts

ChartMill assigns a Buy % Consensus number of 80% to IRDM. The Buy consensus is the average rating of analysts ratings from 13 analysts.

For the next year, analysts expect an EPS growth of 595.78% and a revenue growth 4.04% for IRDM


Ownership
Inst Owners85.56%
Ins Owners2.04%
Short Float %7.92%
Short Ratio8.54
Analysts
Analysts80
Price Target41.31 (40.46%)
EPS Next Y595.78%
Revenue Next Year4.04%