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Iridium Communications NasdaqGS:IRDM Stock Report

Last Price

US$30.53

Market Cap

US$3.4b

7D

1.8%

1Y

-23.1%

Updated

02 Dec, 2024

Data

Company Financials +

Iridium Communications Inc.

NasdaqGS:IRDM Stock Report

Market Cap: US$3.4b

IRDM Stock Overview

Provides mobile voice and data communications services and products to businesses, the United States and international governments, non-governmental organizations, and consumers worldwide. More details

IRDM fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance3/6
Financial Health2/6
Dividends3/6

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

Iridium Communications Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Iridium Communications
Historical stock prices
Current Share PriceUS$30.53
52 Week HighUS$41.66
52 Week LowUS$24.14
Beta0.65
11 Month Change4.16%
3 Month Change12.08%
1 Year Change-23.12%
33 Year Change-23.29%
5 Year Change29.58%
Change since IPO236.23%

Recent News & Updates

Iridium Communications: Still A Solid Long-Term Play On Steady Growth

Oct 09

Iridium Communications Inc.'s (NASDAQ:IRDM) Shareholders Might Be Looking For Exit

Oct 04
Iridium Communications Inc.'s (NASDAQ:IRDM) Shareholders Might Be Looking For Exit

Recent updates

Iridium Communications: Still A Solid Long-Term Play On Steady Growth

Oct 09

Iridium Communications Inc.'s (NASDAQ:IRDM) Shareholders Might Be Looking For Exit

Oct 04
Iridium Communications Inc.'s (NASDAQ:IRDM) Shareholders Might Be Looking For Exit

Returns At Iridium Communications (NASDAQ:IRDM) Are On The Way Up

Sep 13
Returns At Iridium Communications (NASDAQ:IRDM) Are On The Way Up

Does Iridium Communications (NASDAQ:IRDM) Have A Healthy Balance Sheet?

Aug 23
Does Iridium Communications (NASDAQ:IRDM) Have A Healthy Balance Sheet?

Iridium Communications Has Come Back Down To Earth

Jul 12

Iridium: Facing A Shifting Competitive Landscape

Jul 03

Some Shareholders Feeling Restless Over Iridium Communications Inc.'s (NASDAQ:IRDM) P/S Ratio

Jun 27
Some Shareholders Feeling Restless Over Iridium Communications Inc.'s (NASDAQ:IRDM) P/S Ratio

Iridium Communications (NASDAQ:IRDM) Is Increasing Its Dividend To $0.14

May 28
Iridium Communications (NASDAQ:IRDM) Is Increasing Its Dividend To $0.14

Iridium Communications (NASDAQ:IRDM) Might Have The Makings Of A Multi-Bagger

May 25
Iridium Communications (NASDAQ:IRDM) Might Have The Makings Of A Multi-Bagger

Iridium Communications Is A Momentum Buy On Forward Growth Potential

Apr 25

Iridium Communications (NASDAQ:IRDM) Has A Pretty Healthy Balance Sheet

Mar 24
Iridium Communications (NASDAQ:IRDM) Has A Pretty Healthy Balance Sheet

Iridium Communications Is Nearing Buy Territory

Feb 26

Solid Earnings Reflect Iridium Communications' (NASDAQ:IRDM) Strength As A Business

Feb 22
Solid Earnings Reflect Iridium Communications' (NASDAQ:IRDM) Strength As A Business

Some Shareholders Feeling Restless Over Iridium Communications Inc.'s (NASDAQ:IRDM) P/S Ratio

Feb 05
Some Shareholders Feeling Restless Over Iridium Communications Inc.'s (NASDAQ:IRDM) P/S Ratio

We Like These Underlying Return On Capital Trends At Iridium Communications (NASDAQ:IRDM)

Jan 21
We Like These Underlying Return On Capital Trends At Iridium Communications (NASDAQ:IRDM)

Is Iridium Communications Inc. (NASDAQ:IRDM) Potentially Undervalued?

Jan 05
Is Iridium Communications Inc. (NASDAQ:IRDM) Potentially Undervalued?

Here's Why Iridium Communications (NASDAQ:IRDM) Can Manage Its Debt Responsibly

Dec 04
Here's Why Iridium Communications (NASDAQ:IRDM) Can Manage Its Debt Responsibly

Iridium Communications (NASDAQ:IRDM) Will Be Hoping To Turn Its Returns On Capital Around

Oct 02
Iridium Communications (NASDAQ:IRDM) Will Be Hoping To Turn Its Returns On Capital Around

Is Iridium Communications (NASDAQ:IRDM) Using Too Much Debt?

Sep 05
Is Iridium Communications (NASDAQ:IRDM) Using Too Much Debt?

At US$60.97, Is It Time To Put Iridium Communications Inc. (NASDAQ:IRDM) On Your Watch List?

Jul 24
At US$60.97, Is It Time To Put Iridium Communications Inc. (NASDAQ:IRDM) On Your Watch List?

Iridium Communications (NASDAQ:IRDM) Has More To Do To Multiply In Value Going Forward

Jun 08
Iridium Communications (NASDAQ:IRDM) Has More To Do To Multiply In Value Going Forward

Here's Why Iridium Communications (NASDAQ:IRDM) Can Manage Its Debt Responsibly

May 24
Here's Why Iridium Communications (NASDAQ:IRDM) Can Manage Its Debt Responsibly

Estimating The Intrinsic Value Of Iridium Communications Inc. (NASDAQ:IRDM)

May 05
Estimating The Intrinsic Value Of Iridium Communications Inc. (NASDAQ:IRDM)

Should You Think About Buying Iridium Communications Inc. (NASDAQ:IRDM) Now?

Apr 17
Should You Think About Buying Iridium Communications Inc. (NASDAQ:IRDM) Now?

Shareholders Will Be Pleased With The Quality of Iridium Communications' (NASDAQ:IRDM) Earnings

Feb 23
Shareholders Will Be Pleased With The Quality of Iridium Communications' (NASDAQ:IRDM) Earnings

Here's Why Iridium Communications (NASDAQ:IRDM) Can Manage Its Debt Responsibly

Feb 09
Here's Why Iridium Communications (NASDAQ:IRDM) Can Manage Its Debt Responsibly

Estimating The Intrinsic Value Of Iridium Communications Inc. (NASDAQ:IRDM)

Jan 18
Estimating The Intrinsic Value Of Iridium Communications Inc. (NASDAQ:IRDM)

Shareholder Returns

IRDMUS TelecomUS Market
7D1.8%-0.8%0.7%
1Y-23.1%24.4%32.2%

Return vs Industry: IRDM underperformed the US Telecom industry which returned 26% over the past year.

Return vs Market: IRDM underperformed the US Market which returned 31.9% over the past year.

Price Volatility

Is IRDM's price volatile compared to industry and market?
IRDM volatility
IRDM Average Weekly Movement6.6%
Telecom Industry Average Movement8.2%
Market Average Movement6.3%
10% most volatile stocks in US Market16.4%
10% least volatile stocks in US Market3.1%

Stable Share Price: IRDM has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: IRDM's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a763Matt Deschwww.iridium.com

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. The company offers postpaid mobile voice and data satellite communications; prepaid mobile voice satellite communications; push-to-talk; broadband data; and Internet of Things (IoT) services. It also provides hosted payload and other data services, such as satellite time and location services; and inbound connections from the public switched telephone network, short message, subscriber identity module, activation, customer reactivation, and other peripheral services.

Iridium Communications Inc. Fundamentals Summary

How do Iridium Communications's earnings and revenue compare to its market cap?
IRDM fundamental statistics
Market capUS$3.38b
Earnings (TTM)US$114.46m
Revenue (TTM)US$812.43m

30.4x

P/E Ratio

4.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IRDM income statement (TTM)
RevenueUS$812.43m
Cost of RevenueUS$225.97m
Gross ProfitUS$586.46m
Other ExpensesUS$472.00m
EarningsUS$114.46m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.01
Gross Margin72.19%
Net Profit Margin14.09%
Debt/Equity Ratio270.4%

How did IRDM perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

57%

Payout Ratio