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Iridium Communications NasdaqGS:IRDM Stock Report

Last Price

US$30.58

Market Cap

US$3.8b

7D

0.5%

1Y

-48.5%

Updated

22 May, 2024

Data

Company Financials +

Iridium Communications Inc.

NasdaqGS:IRDM Stock Report

Market Cap: US$3.8b

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.

IRDM fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance4/6
Financial Health1/6
Dividends2/6

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$30.58
52 Week HighUS$65.12
52 Week LowUS$24.14
Beta0.78
1 Month Change8.79%
3 Month Change5.09%
1 Year Change-48.46%
3 Year Change-19.53%
5 Year Change33.01%
Change since IPO236.78%

Recent News & Updates

Iridium Communications Is A Momentum Buy On Forward Growth Potential

Apr 25

Recent updates

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)

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

Shareholder Returns

IRDMUS TelecomUS Market
7D0.5%-0.9%1.2%
1Y-48.5%7.8%27.7%

Return vs Industry: IRDM underperformed the US Telecom industry which returned 7.8% over the past year.

Return vs Market: IRDM underperformed the US Market which returned 27.7% over the past year.

Price Volatility

Is IRDM's price volatile compared to industry and market?
IRDM volatility
IRDM Average Weekly Movement4.7%
Telecom Industry Average Movement5.6%
Market Average Movement5.9%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market2.8%

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

Volatility Over Time: IRDM's weekly volatility (5%) 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$3.78b
Earnings (TTM)US$25.29m
Revenue (TTM)US$789.30m

146.8x

P/E Ratio

4.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IRDM income statement (TTM)
RevenueUS$789.30m
Cost of RevenueUS$221.71m
Gross ProfitUS$567.60m
Other ExpensesUS$542.31m
EarningsUS$25.29m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.21
Gross Margin71.91%
Net Profit Margin3.20%
Debt/Equity Ratio187.9%

How did IRDM perform over the long term?

See historical performance and comparison

Dividends

1.7%

Current Dividend Yield

256%

Payout Ratio
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