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Iridium Communications Inc. IRDM Stock

24.67 USD {{ price }} -4.007785% {{change_pct}}%
Exchange
NasdaqGS
Market Cap
3B USD
LOW - HIGH [24H]
24.55 - 25.61 USD
VOLUME [24H]
989.82K USD
{{ volume }}
P/E Ratio
205.58
Earnings per share
0.12 USD

Iridium Communications Inc. Price Chart

Iridium Communications Inc. IRDM Financial and Trading Overview

Iridium Communications Inc. stock price 24.67 USD
Previous Close 61 USD
Open 61 USD
Bid 0 USD x 800
Ask 0 USD x 800
Day's Range 60.05 - 61.36 USD
52 Week Range 35.22 - 68.34 USD
Volume 675.37K USD
Avg. Volume 666.43K USD
Market Cap 7.69B USD
Beta (5Y Monthly) 1.08345
PE Ratio (TTM) 469.53848
EPS (TTM) 0.12 USD
Forward Dividend & Yield 0.52 (0.85%)
Ex-Dividend Date June 14, 2023
1y Target Est 67 USD

IRDM Valuation Measures

Enterprise Value 9.06B USD
Trailing P/E 469.53848
Forward P/E 148.87805
PEG Ratio (5 yr expected) 27.07
Price/Sales (ttm) 10.139194
Price/Book (mrq) 7.080385
Enterprise Value/Revenue 11.95
Enterprise Value/EBITDA 23.577

Trading Information

Iridium Communications Inc. Stock Price History

Beta (5Y Monthly) 1.08345
52-Week Change 64.61%
S&P500 52-Week Change 20.43%
52 Week High 68.34 USD
52 Week Low 35.22 USD
50-Day Moving Average 61.95 USD
200-Day Moving Average 55.6 USD

IRDM Share Statistics

Avg. Volume (3 month) 666.43K USD
Avg. Daily Volume (10-Days) 708.33K USD
Shares Outstanding 125.92M
Float 113.71M
Short Ratio 7.29
% Held by Insiders 10.02%
% Held by Institutions 84.09%
Shares Short 4.1M
Short % of Float 4.97%
Short % of Shares Outstanding 3.25%

Dividends & Splits

Trailing Annual Dividend Rate 0.13
Trailing Annual Dividend Yield 0.21%
5 Year Average Dividend Yield N/A
Payout Ratio 1
Last Split Factor

Financial Highlights

Fiscal Year

Fiscal Year Ends December 31, 2022
Most Recent Quarter (mrq) March 31, 2023
Next Fiscal Year End December 31, 2023

Profitability

Profit Margin 2.06%
Operating Margin (ttm) 10.63%
Gross Margin 70.94%
EBITDA Margin 50.68%

Management Effectiveness

Return on Assets (ttm) 1.69%
Return on Equity (ttm) 1.37%

Income Statement

Revenue (ttm) 758.09M USD
Revenue Per Share (ttm) 5.95 USD
Quarterly Revenue Growth (yoy) 22.00%
Gross Profit (ttm) 519.89M USD
EBITDA 384.24M USD
Net Income Avi to Common (ttm) 15.67M USD
Diluted EPS (ttm) 0.13
Quarterly Earnings Growth (yoy) 246.09%

Balance Sheet

Total Cash (mrq) 126.59M USD
Total Cash Per Share (mrq) 1.01 USD
Total Debt (mrq) 1.5B USD
Total Debt/Equity (mrq) 138.13 USD
Current Ratio (mrq) 2.396
Book Value Per Share (mrq) 8.621

Cash Flow Statement

Operating Cash Flow (ttm) 347.9M USD
Levered Free Cash Flow (ttm) 266.86M USD

Profile of Iridium Communications Inc.

Country United States
State VA
City McLean
Address 1750 Tysons Boulevard
ZIP 22102
Phone 703 287 7400
Website https://www.iridium.com
Industry Telecom Services
Sector(s) Communication Services
Full Time Employees 658

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. In addition, the company offers voice and data solutions comprising personnel tracking devices; asset tracking devices for equipment, vehicles, and aircrafts; beyond-line-of-sight aircraft communications applications; maritime communications applications; specialized communications solutions for high-value individuals; mobile communications and data devices for the military and intelligence agencies, such as secure satellite handsets, as well as netted voice, messaging, and paging services; and maintenance services for the United States government's dedicated gateway. Further, it provides satellite handsets, voice and data modems, broadband data devices, and IoT data devices; various accessories for its devices that include batteries, holsters, earbud headphones, portable auxiliary antennas, antenna adaptors, USB data cables, charging units, and others; and engineering and support services. Iridium Communications Inc. sells its products and services to commercial end users through a wholesale distribution network that include service providers, and value-added resellers and manufacturers. The company was formerly known as Iridium Holdings LLC and changed its name to Iridium Communications Inc. in September 2009. Iridium Communications Inc. is headquartered in McLean, Virginia.

Q&A For Iridium Communications Inc. Stock

What is a current IRDM stock price?

Iridium Communications Inc. IRDM stock price today per share is 24.67 USD.

How to purchase Iridium Communications Inc. stock?

You can buy IRDM shares on the NasdaqGS exchange. Contact your financial advisor to select a broker.

What is the ticker symbol for Iridium Communications Inc.?

The stock symbol or ticker of Iridium Communications Inc. is IRDM.

Which industry does the Iridium Communications Inc. company belong to?

The Iridium Communications Inc. industry is Telecom Services.

How many shares does Iridium Communications Inc. have in circulation?

The max supply of Iridium Communications Inc. shares is 121.72M.

What is Iridium Communications Inc. Price to Earnings Ratio (PE Ratio)?

Iridium Communications Inc. PE Ratio is 205.58334000 now.

What was Iridium Communications Inc. earnings per share over the trailing 12 months (TTM)?

Iridium Communications Inc. EPS is 0.12 USD over the trailing 12 months.

Which sector does the Iridium Communications Inc. company belong to?

The Iridium Communications Inc. sector is Communication Services.

Iridium Communications Inc. IRDM included in indexes

Name Name Price Price 24h%
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NASDAQ Composite IXIC 16175.09 USD
-1.62
3.94B USD 16125.33 USD 16341.46 USD 3.94B USD
NASDAQ Global Select Market Com NQGS 7876.03 USD
-1.61
7852.08 USD 7955.84 USD
NASDAQ DM Ex Japan Large Mid Ca NQDMXJPLMAUD 2100.38 AUD 1390.15 USD
<0.01
2100.38 AUD 1390.15 USD 2100.38 AUD 1390.15 USD
NASDAQ Composite Total Return I XCMP 19659.36 USD
-1.62
19598.88 USD 19861.56 USD
Nasdaq AlphaDEX Multi Cap Growt NQDXUSMLTCG 2541.54 USD
-1.89
2531.95 USD 2572.66 USD
NASDAQ Telecommunications IXTC 381.22 USD
-1.68
380.63 USD 385.34 USD