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Iridium Communications NasdaqGS:IRDM Stock Report

Last Price

US$26.24

Market Cap

US$3.2b

7D

-5.5%

1Y

-45.7%

Updated

12 Sep, 2024

Data

Company Financials +

Iridium Communications Inc.

NasdaqGS:IRDM Stock Report

Market Cap: US$3.2b

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
Valuation3/6
Future Growth3/6
Past Performance2/6
Financial Health1/6
Dividends3/6

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$26.24
52 Week HighUS$51.62
52 Week LowUS$24.14
Beta0.64
11 Month Change-2.27%
3 Month Change-0.79%
1 Year Change-45.68%
33 Year Change-40.90%
5 Year Change16.21%
Change since IPO188.99%

Recent News & Updates

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?

Recent updates

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)

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

Shareholder Returns

IRDMUS TelecomUS Market
7D-5.5%4.5%1.6%
1Y-45.7%34.6%22.0%

Return vs Industry: IRDM underperformed the US Telecom industry which returned 36.2% over the past year.

Return vs Market: IRDM underperformed the US Market which returned 21.7% 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 Movement7.0%
Market Average Movement6.3%
10% most volatile stocks in US Market15.0%
10% least volatile stocks in US Market3.1%

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$3.21b
Earnings (TTM)US$88.37m
Revenue (TTM)US$797.26m

35.2x

P/E Ratio

3.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IRDM income statement (TTM)
RevenueUS$797.26m
Cost of RevenueUS$223.57m
Gross ProfitUS$573.69m
Other ExpensesUS$485.32m
EarningsUS$88.37m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.75
Gross Margin71.96%
Net Profit Margin11.08%
Debt/Equity Ratio209.9%

How did IRDM perform over the long term?

See historical performance and comparison

Dividends

2.1%

Current Dividend Yield

74%

Payout Ratio

Does IRDM pay a reliable dividends?

See IRDM dividend history and benchmarks
When do you need to buy IRDM by to receive an upcoming dividend?
Iridium Communications dividend dates
Ex Dividend DateSep 13 2024
Dividend Pay DateSep 30 2024
Days until Ex dividend1 day
Days until Dividend pay date16 days

Does IRDM pay a reliable dividends?

See IRDM dividend history and benchmarks