NASDAQ: IRDM
Last close prices updated as of
Jun 05, 2023, 12:22 PM EST
| USD | BATS BZX Real-Time Price
- Last Close 62.61
- Sector Communication Services
- Industry Telecom Services
- Investment Style Mid Growth
- Day Range 60.52 – 62.47
- Year Range 33.88 – 68.34
- Market Cap 7.6845 Bil
- Volume / Avg 225,208.0 / 689,199.6
- Price / Sales 10.68
- Price / Book 7.26
- Forward Div Yield 0.83%
- Trailing Div Yield 0.43%
Morningstar‘s Stock Analysis IRDM
Valuation
Currency in —
Is it the right time to buy or sell?
Is it the right time to buy or sell?
1-Star Price
INVESTOR
5-Star Price
INVESTOR
Economic Moat
INVESTOR
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Company Profile IRDM
Business Description
Iridium Communications Inc offers voice and data communications services and products to businesses, U.S. and international government agencies, and other customers on a global basis. The company is a provider of mobile voice and data communications services through a constellation of low earth-orbiting satellites. Reaching across land, sea, and air, including the polar regions, Iridium's solutions are ideally suited for industries such as maritime, aviation, government/military, emergency/humanitarian services, mining, forestry, oil and gas, heavy equipment, transportation, and utilities. Iridium also provides service to subscribers from the U.S. Department of Defense, as well as other civil and government agencies around the world.
Related Articles IRDM
Our Quantitative Research team models direct competitors or comparable companies from a bottom-up perspective to find companies describing their business in a similar fashion.
Iridium Communications Inc
XNAS: IRDM
| Viasat Inc
XNAS: VSAT
| Globalstar Inc
XASE: GSAT
| ORBCOMM Inc
XNAS: ORBC
| |
Price
| 61.03 | 44.72 | 1.17 | — |
Currency
| USD | USD | USD | — |
Change
| −$1.59 (2.53%) | −$2.49 (5.26%) | −$0.02 (1.27%) | — |
Market Cap
| 7.68 Bil | 3.44 Bil | 2.10 Bil | — |
Industry
| Telecom Services | Communication Equipment | Telecom Services | Telecom Services |
Sector
|
Communication Services
|
Technology
|
Communication Services
|
Communication Services
|
* Trading data in this section is delayed by at least 15 minutes.
FAQs for Iridium Communications Inc Stock
Yes. IRDM has a forward dividend yield of 0.83%.
See
IRDM’s full dividends and stock split history
on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
IRDM’s market cap is 7.68 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the
largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
IRDM’s stock style is Mid Growth.
Style is an investment factor that has a meaningful impact on investment risk and returns.
Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
IRDM’s price/sales is 10.68.
Price/sales represents the amount an investor is willing to pay for a dollar generated from
a particular company’s sales or revenues.
IRDM’s price/forward earnings is 447.21.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates.
The lower the Forward P/E, the cheaper the stock.
IRDM’s price/book is 7.26.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets,
based on historical, rather than current, valuations. Historical valuations generally do not reflect
a company’s current market value. Value investors frequently look for companies that have low price/book ratios.
See IRDM’s valuation ratios compared to the Market Index.
IRDM’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare IRDM’s historical performance against its industry peers and the overall market.