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IRDM

Iridium Communications NasdaqGS:IRDM Stock Report

Last Price

US$59.23

Market Cap

US$7.5b

7D

-1.0%

1Y

82.1%

Updated

07 Feb, 2023

Data

Company Financials +

Iridium Communications Inc.

NasdaqGS:IRDM Stock Report

Mkt Cap: US$7.5b

IRDM Stock Overview

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.

IRDM fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance2/6
Financial Health2/6
Dividends1/6

My Notes

New

Notes are coming soon

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$59.23
52 Week HighUS$62.48
52 Week LowUS$32.18
Beta1.14
1 Month Change-1.27%
3 Month Change15.44%
1 Year Change82.08%
3 Year Change91.40%
5 Year Change399.83%
Change since IPO552.31%

Recent News & Updates

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

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

Iridium Communications' (NASDAQ:IRDM) Returns On Capital Not Reflecting Well On The Business

Dec 06
Iridium Communications' (NASDAQ:IRDM) Returns On Capital Not Reflecting Well On The Business

Recent updates

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

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

Iridium Communications' (NASDAQ:IRDM) Returns On Capital Not Reflecting Well On The Business

Dec 06
Iridium Communications' (NASDAQ:IRDM) Returns On Capital Not Reflecting Well On The Business

Iridium Communications Q3 2022 Earnings Preview

Oct 19

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

Oct 17
Here's Why Iridium Communications (NASDAQ:IRDM) Can Manage Its Debt Responsibly

Iridium Communications Inc. (NASDAQ:IRDM) Shares Could Be 50% Below Their Intrinsic Value Estimate

Sep 29
Iridium Communications Inc. (NASDAQ:IRDM) Shares Could Be 50% Below Their Intrinsic Value Estimate

Iridium announces ninth SpaceX launch

Sep 08

Capital Allocation Trends At Iridium Communications (NASDAQ:IRDM) Aren't Ideal

Sep 04
Capital Allocation Trends At Iridium Communications (NASDAQ:IRDM) Aren't Ideal

Iridium Communications: A Great Company At A Fair Price

Aug 03

Iridium Communications Q2 2022 Earnings Preview

Jul 25

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

Jul 16
Does Iridium Communications (NASDAQ:IRDM) Have A Healthy Balance Sheet?

Iridium Communications' (NASDAQ:IRDM) Returns On Capital Tell Us There Is Reason To Feel Uneasy

May 22
Iridium Communications' (NASDAQ:IRDM) Returns On Capital Tell Us There Is Reason To Feel Uneasy

Iridium Communications: An Even Better Way To Play The Space Economy Today

May 15

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

Mar 30
Iridium Communications (NASDAQ:IRDM) Has A Pretty Healthy Balance Sheet

Iridium Communications: Looking Much Better Today

Feb 26

Iridium Communications (NASDAQ:IRDM) Could Be At Risk Of Shrinking As A Company

Feb 10
Iridium Communications (NASDAQ:IRDM) Could Be At Risk Of Shrinking As A Company

Iridium Communications Inc.'s (NASDAQ:IRDM) Intrinsic Value Is Potentially 57% Above Its Share Price

Jan 24
Iridium Communications Inc.'s (NASDAQ:IRDM) Intrinsic Value Is Potentially 57% Above Its Share Price

Why Iridium Communications Inc. (NASDAQ:IRDM) Could Be Worth Watching

Dec 24
Why Iridium Communications Inc. (NASDAQ:IRDM) Could Be Worth Watching

Iridium Communications: A Best Price-Positioned Stock In A Poor Near-Term Capital Gains Group As Seen By Market-Makers

Dec 05

Iridium Communications (NASDAQ:IRDM) Could Be Struggling To Allocate Capital

Oct 25
Iridium Communications (NASDAQ:IRDM) Could Be Struggling To Allocate Capital

An Intrinsic Calculation For Iridium Communications Inc. (NASDAQ:IRDM) Suggests It's 49% Undervalued

Oct 10
An Intrinsic Calculation For Iridium Communications Inc. (NASDAQ:IRDM) Suggests It's 49% Undervalued

Is It Time To Consider Buying Iridium Communications Inc. (NASDAQ:IRDM)?

Sep 22
Is It Time To Consider Buying Iridium Communications Inc. (NASDAQ:IRDM)?

Iridium Communications Stock: Limited Upside Remaining

Sep 19

Is Iridium Communications (NASDAQ:IRDM) A Risky Investment?

Jul 30
Is Iridium Communications (NASDAQ:IRDM) A Risky Investment?

Investors Could Be Concerned With Iridium Communications' (NASDAQ:IRDM) Returns On Capital

Jul 15
Investors Could Be Concerned With Iridium Communications' (NASDAQ:IRDM) Returns On Capital

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

Jun 27
Calculating The Intrinsic Value Of Iridium Communications Inc. (NASDAQ:IRDM)

Iridium names Greg Pelton as new Chief Technical Officer

Jun 14

At US$36.98, Is Iridium Communications Inc. (NASDAQ:IRDM) Worth Looking At Closely?

May 24
At US$36.98, Is Iridium Communications Inc. (NASDAQ:IRDM) Worth Looking At Closely?

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Iridium Communications Inc.'s (NASDAQ:IRDM) CEO For Now

May 06
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Iridium Communications Inc.'s (NASDAQ:IRDM) CEO For Now

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

Mar 27
Does Iridium Communications (NASDAQ:IRDM) Have A Healthy Balance Sheet?

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

Mar 12
Estimating The Intrinsic Value Of Iridium Communications Inc. (NASDAQ:IRDM)

Why Iridium Communications Inc. (NASDAQ:IRDM) Could Be Worth Watching

Feb 10
Why Iridium Communications Inc. (NASDAQ:IRDM) Could Be Worth Watching

Should You Review Recent Insider Transactions At Iridium Communications Inc. (NASDAQ:IRDM)?

Jan 20
Should You Review Recent Insider Transactions At Iridium Communications Inc. (NASDAQ:IRDM)?

How Much is Iridium Communications' (NASDAQ:IRDM) CEO Getting Paid?

Dec 25
How Much is Iridium Communications' (NASDAQ:IRDM) CEO Getting Paid?

Iridium Communications launches world's first real-time maritime emergency service

Dec 15

Introducing Iridium Communications (NASDAQ:IRDM), The Stock That Soared 321% In The Last Five Years

Dec 04
Introducing Iridium Communications (NASDAQ:IRDM), The Stock That Soared 321% In The Last Five Years

Shareholder Returns

IRDMUS TelecomUS Market
7D-1.0%-2.0%0.9%
1Y82.1%-20.4%-10.9%

Return vs Industry: IRDM exceeded the US Telecom industry which returned -20.4% over the past year.

Return vs Market: IRDM exceeded the US Market which returned -10.9% over the past year.

Price Volatility

Is IRDM's price volatile compared to industry and market?
IRDM volatility
IRDM Average Weekly Movement5.4%
Telecom Industry Average Movement6.6%
Market Average Movement6.7%
10% most volatile stocks in US Market17.5%
10% least volatile stocks in US Market2.8%

Stable Share Price: IRDM is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: IRDM's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2000540Matt Deschhttps://www.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$7.48b
Earnings (TTM)US$3.65m
Revenue (TTM)US$683.09m

2,041x

P/E Ratio

10.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
IRDM income statement (TTM)
RevenueUS$683.09m
Cost of RevenueUS$181.55m
Gross ProfitUS$501.54m
Other ExpensesUS$497.89m
EarningsUS$3.65m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

Feb 16, 2023

Earnings per share (EPS)0.029
Gross Margin73.42%
Net Profit Margin0.53%
Debt/Equity Ratio138.8%

How did IRDM perform over the long term?

See historical performance and comparison

Dividends

0.9%

Current Dividend Yield

n/a

Payout Ratio