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Iridium Communications (IRDM) Company Overview

Profile

Full Name:

Iridium Communications Inc.

Sector:

Communication Services

Industry:

Telecom Services

Country:

United States

IPO:

March 20, 2008

Indexes:

Not included

Website:

http://www.iridium.com

Description:

Iridium Communications Inc. is a commercial provider of communication services, offering global coverage through a satellite network from anywhere in real-time. The L-band satellite network provides reliable communication services in regions of the world where ground networks do not exist or are limited, including remote land areas, open oceans, air routes, polar regions, and regions affected by political conflicts or natural disasters. The company was founded in 2001 and is headquartered in McLean, Virginia, USA. The company provides voice and data transmission services for businesses, the US government and other countries, non-governmental organizations, and consumers through a satellite network, which consists of 66 operational satellites with orbital and ground components and corresponding ground infrastructure.

Key Details

Price

$30.59

Market Cap

$3.33 B(Mid cap)

Last Dividend

$0.14

TTM Dividend Yield

1.80%

Annual Revenue

$830.68 M(+5.05% YoY)

Annual EPS

$0.94(+683.33% YoY)

PE Ratio

31.86

Annual ROE

15.40%

Annual Debt To Equity

3.11

Beta

0.66

Events Calendar

Earnings

Next earnings date:

Apr 18, 2025

Recent quarterly earnings:

Feb 13, 2025

Recent annual earnings:

Feb 13, 2025
Dividend

Next ex-dividend date:

Mar 17, 2025

Recent ex-dividend date:

Dec 16, 2024
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

Oct 21, 24 BWS Financial
Neutral
Jul 24, 24 Barclays
Overweight
Jul 24, 24 BWS Financial
Neutral
Apr 26, 24 Barclays
Overweight
Apr 22, 24 BWS Financial
Neutral
Feb 23, 24 Barclays
Overweight
Feb 16, 24 Raymond James
Strong Buy
Feb 16, 24 BWS Financial
Hold
Feb 15, 24 LightShed Partners
Neutral
Nov 10, 23 Raymond James
Strong Buy

Screeners with IRDM included

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Market Data

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Price

Current Price

$30.59
IRDM price is $30.59

Price All-time High

$67.85
IRDM price is currently -54.92% below its historical high of $67.85

Price Analysts Target

$40.00
IRDM price is currently -23.52% lower than the consensus analysts' forecast

Price Most Recent Change

+1.97%
IRDM price was up +1.97% on Mar 7, 2025

Price YTD Change

+2.51%
IRDM price is up +2.51% since January 1st

Price 3-Year Change

-22.93%
IRDM price is down -22.93% over the past 3 years

Market cap

Market Cap

$3.33 B
IRDM market capitalization is $3.33 billion

Market Cap 3-Year Change

-34.66%
IRDM market capitalization is down -34.66% over the past 3 years

Market Cap All-time High

$8.54 B
IRDM market capitalization is currently -61.03% below its historical high of $8.54 billion

Market Cap Sector Rank

70.04%
IRDM market capitalization is higher than 70.04% of companies in Communication Services sector

Technical

Beta

0.66
IRDM beta is 0.66

200-day SMA

$28.71
IRDM price is currently +6.55% above its 200-day simple moving average

14-day RSI

51.26
IRDM 14-day relative strength index is 51.26

30-day Relative Volume

1.03
IRDM 30-day relative volume is 1.03

Dividend

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Events

Last Paid Dividend

$0.14
IRDM last dividend was $0.14 per share, with an ex-dividend date of December 16, 2024

Next Dividend

$0.14
IRDM has announced a dividend of $0.14 per share, with an ex-dividend date set for March 17, 2025

Dividend per share

Annual Dividend Per Share

$0.55
IRDM annual dividend per share is $0.55

Annual Dividend Per Share Sector Rank

36.99%
IRDM annual dividend per share is higher than 36.99% of companies in Communication Services sector

Annual Dividend Per Share 1-Year Change

+5.77%
IRDM annual dividend per share is up +5.77% year-on-year

Annual Dividend Per Share 3-Year Change

-
IRDM annual dividend per share 3-year change is unknown

Dividend yield

Annual Dividend Yield

1.80%
IRDM annual dividend yield is 1.80%

Annual Dividend Yield Sector Rank

29.17%
IRDM annual dividend yield is higher than 29.17% of companies in Communication Services sector

Other

Annual Payout Ratio

57.40%
IRDM annual payout ratio is 57.40%

Annual Dividends Paid

$64.74 M
IRDM annual dividends paid is $64.74 million

Annual FCF

$306.06 M
IRDM annual free cash flow is $306.06 million

Profitability

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Revenue

Annual Revenue

$830.68 M
IRDM annual revenue is $830.68 million

Annual Revenue Analysts Estimate

$872.33 M
IRDM annual revenue is currently -4.77% lower than the consensus analysts' forecast

Annual Revenue 1-Year Change

+5.05%
IRDM annual revenue is up +5.05% year-on-year

Annual Revenue Sector Rank

53.87%
IRDM annual revenue is higher than 53.87% of companies in Communication Services sector

Profit

Annual Gross Profit

$600.12 M
IRDM annual gross profit is $600.12 million

Annual Gross Margin

72.24%
IRDM annual gross profit margin is 72.24%

Annual Operating Profit

$200.38 M
IRDM annual operating income is $200.38 million

Annual Operating Margin

24.12%
IRDM annual operating profit margin is 24.12%

Annual Net Income

$112.78 M
IRDM annual net profit is $112.78 million

Annual Net Margin

13.58%
IRDM annual net profit margin is 13.58%

EPS

Annual EPS

$0.94
IRDM annual earnings per share is $0.94

Annual EPS Analysts Estimate

$1.37
IRDM annual earnings per share is currently -31.39% lower than the consensus analysts' forecast

Annual EPS 1-Year Change

+683.33%
IRDM annual earnings per share is up +683.33% year-on-year

Annual EPS Sector Rank

74.63%
IRDM annual earnings per share is higher than 74.63% of companies in Communication Services sector

ROA & ROE

Annual ROA

4.23%
IRDM annual return on assets is 4.23%

Annual ROE

15.40%
IRDM annual return on equity is 15.40%

EBIT & EBITDA

Annual EBIT

$200.92 M
IRDM annual earnings before interest & taxes is $200.92 million

Annual EBITDA

$404.05 M
IRDM annual EBITDA is $404.05 million

Valuation

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PE Ratio

PE Ratio

31.86
IRDM price to earnings ratio is 31.86

PE Ratio Sector Rank

76.7%
IRDM price to earnings ratio is higher than 76.7% of companies in Communication Services sector

PB Ratio

PB Ratio

5.77
IRDM price to book ratio is 5.77

PB Ratio Sector Rank

88.68%
IRDM price to book ratio is higher than 88.68% of companies in Communication Services sector

PS Ratio

PS Ratio

4.01
IRDM price to sales ratio is 4.01

PS Ratio Sector Rank

84.81%
IRDM price to sales ratio is higher than 84.81% of companies in Communication Services sector

Enterprise value

Enterprise Value

$5.03 B
IRDM enterprise value is $5.03 billion

Enterprise Value Sector Rank

67.43%
IRDM enterprise value is higher than 67.43% of companies in Communication Services sector

EV/EBITDA

EV/EBITDA

12.44
IRDM EV/EBITDA is 12.44

EV/EBITDA Sector Rank

73.73%
IRDM EV/EBITDA is higher than 73.73% of companies in Communication Services sector

Financial Health

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Liquidity

Annual Current Ratio

1.73
IRDM annual current ratio is 1.73

Annual Quick Ratio

1.25
IRDM annual quick ratio is 1.25

Leverage

Annual Debt To Equity

3.11
IRDM annual debt to equity ratio is 3.11

Annual Interest Coverage Ratio

2.20
IRDM annual interest coverage ratio is 2.20

Risk & Stability

Piotroski F-Score

7
IRDM piotroski f-score is 7

Altman Z-Score

1.36
IRDM altman z-score is 1.36

Balance Sheet

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Assets

Annual Total Assets

$2.67 B
IRDM annual total assets is $2.67 billion

Annual Non Current Assets

$2.38 B
IRDM annual long term assets is $2.38 billion

Annual Current Assets

$292.73 M
IRDM annual total current assets is $292.73 million

Annual Cash & Cash Equivalents

$93.53 M
IRDM annual cash & cash equivalents is $93.53 million

Equity

Annual Book Value

$576.64 M
IRDM annual book value is $576.64 million

Annual Working Capital

$123.52 M
IRDM annual working capital is $123.52 million

Liabilities

Annual Total Liabilities

$2.09 B
IRDM annual total liabilities is $2.09 billion

Annual Total Long Term Liabilities

$1.93 B
IRDM annual total long term liabilities is $1.93 billion

Annual Current Liabilities

$169.21 M
IRDM annual total current liabilities is $169.21 million

Annual Accounts Payable

$19.71 M
IRDM annual accounts payable is $19.71 million

Debt

Annual Total Debt

$1.79 B
IRDM annual total debt is $1.79 billion

Annual Total Debt 1-Year Change

+20.8%
IRDM annual total debt is up +20.8% year-on-year

Annual Long Term Debt

$1.76 B
IRDM annual long term debt is $1.76 billion

Annual Short Term Debt

$33.12 M
IRDM annual short term debt is $33.12 million

Expenses

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Annual Total Expenses

$630.30 M
IRDM annual total expenses is $630.30 million

Annual Operating Expenses

$399.73 M
IRDM annual total operating expenses is $399.73 million

Annual Cost Of Goods Sold

$230.57 M
IRDM annual cost of goods sold is $230.57 million

Annual SGA

$168.18 M
IRDM annual SGA is $168.18 million

Annual D&A

$203.13 M
IRDM annual depreciation & amortization is $203.13 million

Annual Interest Expense

$91.13 M
IRDM annual interest expense is $91.13 million

Cash Flow

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Cashflow Activities

Annual CFO

$375.95 M
IRDM annual cash flow from operations is $375.95 million

Annual CFO 1-Year Change

+19.38%
IRDM annual cash flow from operations is up +19.38% year-on-year

Annual CFI

-$180.60 M
IRDM annual cash flow from investing activities is -$180.60 million

Annual CFI 1-Year Change

-116.32%
IRDM annual cash flow from investing activities is down -116.32% year-on-year

Annual CFF

-$170.48 M
IRDM annual cash flow from financing activities is -$170.48 million

Annual CFF 1-Year Change

+47.87%
IRDM annual cash flow from financing activities is up +47.87% year-on-year

Free CashFlow

Annual FCF

$306.06 M
IRDM annual free cash flow is $306.06 million

Annual FCF 1-Year Change

+26.77%
IRDM annual free cash flow is up +26.77% year-on-year

CAPEX

Annual CAPEX

$69.89 M
IRDM annual capital expenditures is $69.89 million

Annual CAPEX 1-Year Change

-4.89%
IRDM annual capital expenditures is down -4.89% year-on-year

Institutional Ownership

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FAQ

  • What is the ticker symbol for Iridium Communications?
  • Does Iridium Communications pay dividends?
  • What sector is Iridium Communications in?
  • What industry is Iridium Communications in?
  • What country is Iridium Communications based in?
  • When did Iridium Communications go public?
  • Is Iridium Communications in the S&P 500?
  • Is Iridium Communications in the NASDAQ 100?
  • Is Iridium Communications in the Dow Jones?
  • When was Iridium Communications's last earnings report?
  • When does Iridium Communications report earnings?
  • Should I buy Iridium Communications stock now?

What is the ticker symbol for Iridium Communications?

The ticker symbol for Iridium Communications is NASDAQ:IRDM

Does Iridium Communications pay dividends?

Yes, Iridium Communications pays dividends. The last payment was $0.14, with an ex-dividend date on December 16, 2024

What sector is Iridium Communications in?

Iridium Communications is in the Communication Services sector

What industry is Iridium Communications in?

Iridium Communications is in the Telecom Services industry

What country is Iridium Communications based in?

Iridium Communications is headquartered in United States

When did Iridium Communications go public?

Iridium Communications's initial public offering (IPO) was on March 20, 2008

Is Iridium Communications in the S&P 500?

No, Iridium Communications is not included in the S&P 500 index

Is Iridium Communications in the NASDAQ 100?

No, Iridium Communications is not included in the NASDAQ 100 index

Is Iridium Communications in the Dow Jones?

No, Iridium Communications is not included in the Dow Jones index

When was Iridium Communications's last earnings report?

Iridium Communications's most recent earnings report was on Feb 13, 2025

When does Iridium Communications report earnings?

The next expected earnings date for Iridium Communications is Apr 18, 2025

Should I buy Iridium Communications stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions