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Market Cap 6.41B P/E 462.82 EPS this Y 541.70% Ern Qtrly Grth 101.10%
Income 25.29M Forward P/E 164.23 EPS next Y 27.30% 50D Avg Chg -15.00%
Sales 789.3M PEG 0.40 EPS past 5Y -7.79% 200D Avg Chg -12.00%
Dividend 1.00% Price/Book 6.36 EPS next 5Y 97.60% 52W High Chg -26.00%
Recommedations 2.20 Quick Ratio 2.36 Shares Outstanding 121.43M 52W Low Chg 19.00%
Insider Own 10.67% ROA 3.25% Shares Float 108.95M Beta 0.85
Inst Own 85.74% ROE 2.61% Shares Shorted/Prior 3.90M/3.40M Price 50.91
Gross Margin 71.91% Profit Margin 3.20% Avg. Volume 1,008,162 Target Price 39.40
Oper. Margin 24.42% Earnings Date Jul 23 Volume 1,095,340 Change -2.10%
About Iridium Communications Inc

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 other government 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.

Iridium Communications Inc News
04/24/24 How to Boost Your Portfolio with Top Computer and Technology Stocks Set to Beat Earnings
04/19/24 Iridium Communications Inc. (NASDAQ:IRDM) Q1 2024 Earnings Call Transcript
04/19/24 Iridium Communications First Quarter 2024 Earnings: Beats Expectations
04/19/24 Iridium (IRDM) Q1 Earnings Match Estimates, Revenues Down Y/Y
04/19/24 Iridium Communications Inc (IRDM) Q1 2024 Earnings Call Transcript Highlights: Robust Growth ...
04/18/24 Q1 2024 Iridium Communications Inc Earnings Call
04/18/24 Iridium (IRDM) Reports Q1 Earnings: What Key Metrics Have to Say
04/18/24 Iridium Communications (IRDM) Q1 Earnings Meet Estimates
04/18/24 Iridium Announces First-Quarter 2024 Results
04/17/24 America Movil's (AMX) Q1 Earnings & Revenues Decrease Y/Y
04/16/24 12 Best Dividend Stocks with High Upside Potential
04/15/24 Seeking Clues to Iridium (IRDM) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics
04/15/24 Factors to Note Ahead of Iridium's (IRDM) Q1 Earnings Release
04/11/24 Iridium (IRDM) Gets Contract for STL Services From L3Harris
04/09/24 Iridium Signs Five-Year Contract with L3Harris to Protect FAA Critical Infrastructure
04/08/24 Iridium Communications (IRDM) Rises As Market Takes a Dip: Key Facts
04/03/24 Iridium (IRDM) Boosts Portfolio With Satelles Acquisition
04/02/24 Iridium Completes Satelles Acquisition; Introduces Iridium Satellite Time and Location (STL)
03/28/24 12 Best Stocks to Buy in Falling Markets According to Analysts
03/28/24 Iridium Announces Release Date for First-Quarter 2024 Financial Results
IRDM Chatroom

User Image nycpupster Posted - 15 hours ago

$IRDM wow it blew past prior resistance, next resistance level is in the $33 ish range. Will watch to see if I trim some today or not

User Image RedBear Posted - 16 hours ago

$IRDM $fwrd $intc $nio $aehr tired of telling folks to keep doing it over and over again. What for? Doesn't help me. Have a good weekend.

User Image AstroMithras Posted - 18 hours ago

$IRDM Crazy run recently

User Image Davruns Posted - 18 hours ago

$IRDM loaded and riding!

User Image MLinv Posted - 18 hours ago

$IRDM Limit sell executed at 31.60, scaled out 20% of my 26.60 avg and secured +18% gains💰✅Holding the rest for higher targets as per my chart in reshared post👇🏽. Have a nice weekend! $ARKQ $ARKX

User Image SylvPalm3 Posted - 18 hours ago

$IRDM shorties gonna short. But I know people that can’t make it through a movie anymore as well, so… yeah lol

User Image RedBear Posted - 18 hours ago

$IRDM 10%+ 🚀 ripper. It took awhile. Trash is taking awhile longer nowadays but worth it.

User Image RedBear Posted - 18 hours ago

$IRDM @Zstock2020 20%+ 🚀 ripper within days. what you got next? Keep them coming.

User Image SylvPalm3 Posted - 18 hours ago

$IRDM gonna be a good years run here. Glad to have found it where it was.

User Image IsabellaDC Posted - 19 hours ago

Swing: $IRDM So far now very good.

User Image Davruns Posted - 22 hours ago

$IRDM today+30

User Image Davruns Posted - 1 day ago

$IRDM some whale took profit. 30s tomorrow

User Image SylvPalm3 Posted - 1 day ago

$IRDM averaged up. Positioning for 12 month stay

User Image IsabellaDC Posted - 1 day ago

$IRDM So far still good.

User Image Enzan Posted - 1 day ago

$IRDM Closed 80%

User Image Aigner_Andreas Posted - 2 days ago

TF BUY $IRDM at 29.28 : 29.1 MidCap -42% Shp 0.63 S 0.94 N 1.53 RSI 67.72% SRSI 100% ADXR 36.53 #stocks #trading #finance #market

User Image mike1337 Posted - 2 days ago

$IRDM Zacks just put a 3 rating (hold) on irdm as its going back up? Rating was a 1 (strong buy)as it slid from 35 to 24? i just quit zacks; that is bad

User Image Davruns Posted - 2 days ago

Can’t decide whether I like riding or sailing better. 😏🤑$CCL $IRDM. Lots of momentum

User Image Davruns Posted - 2 days ago

$IRDM riding this horse to mid 30’s

User Image nycpupster Posted - 2 days ago

$IRDM looks like a golden cross is on deck

User Image Enzan Posted - 3 days ago

$IRDM Ad astra per aspera

User Image IsabellaDC Posted - 3 days ago

$IRDM My small 16K play is now almost 18K. Taking it to 32 dollars possibly.

User Image SylvPalm3 Posted - 3 days ago

$IRDM keep it up!

User Image nycpupster Posted - 4 days ago

$IRDM very good last week, now we need to break above $30s to confirm counter trend

User Image Enzan Posted - 4 days ago

$IRDM Indeed... needs to hold 27

User Image smartkarma Posted - 4 days ago

$IRDM | IRDM: Positioning for the Next Catalyst "Q1 results included news of entering into a two-year agreement with an IOT partner that helps establish clarity for both parties. We are doubtful IRDM is the sole beneficiary of such an arrangement" - Hamed Khorsand (BWS Financial Inc) Key Points: * IRDM reported first quarter results with equipment revenue providing the necessary lift to total revenue for IRDM to beat consensus estimates * IOT subscribers continued to rise in the quarter with IRDM disclosing it has entered into a two-year agreement with a major IOT partner that provides revenue clarity for both parties. * IRDM reported first quarter revenue of $203.9 million compared to our estimate of $197.7 million. The reason for the outperformance was due to equipment revenue Read more: https://www.smartkarma.com/insights/irdm-positioning-for-the-next-catalyst

User Image calgarytrader Posted - 6 days ago

$IRDM zacks has now taken irdm down to 2 rating from 1 . still good

User Image SpaceInvesting Posted - 1 week ago

What Happened in Space This Week • Q1'2024 Earnings: $SATL $IRDM • Tether Invests $30M in $SATL$SPCE Closes Below $1.00 Per Share • SpaceX Exec Starts VC Interlagos Capital • ICEYE Raises $93M Growth Funding • Orbex Raises £16.7M Series C Extension

User Image Jimreals Posted - 1 week ago

$NVDA $IRDM is holding strong in this bad session

User Image mike1337 Posted - 1 week ago

$IRDM once day candle is above 50 moving average I will be convinced we are in a solid reversal

Analyst Ratings
Barclays Overweight Apr 26, 24
BWS Financial Neutral Apr 22, 24
Barclays Overweight Feb 23, 24
BWS Financial Hold Feb 16, 24
Raymond James Strong Buy Feb 16, 24
LightShed Partners Neutral Feb 15, 24
Raymond James Strong Buy Nov 10, 23
Raymond James Strong Buy Oct 20, 23
Deutsche Bank Buy Sep 18, 23
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
Hartin Bryan J. EVP-Sales and Market.. EVP-Sales and Marketing May 03 Sell 64.8 27,835 1,803,708 65,101 05/05/23
Hartin Bryan J. EVP-Sales and Market.. EVP-Sales and Marketing May 03 Option 9.45 11,335 107,116 92,936 05/05/23
NIEHAUS ROBERT H Director Director May 01 Sell 63.99 55,776 3,569,106 246,874 05/02/23
NIEHAUS ROBERT H Director Director May 01 Option 6.2 55,776 345,811 302,650 05/02/23
Canfield Thomas C Director Director Feb 27 Sell 61.03 10,036 612,497 190,587 02/28/23
DESCH MATTHEW J Chief Executive Offi.. Chief Executive Officer Jan 12 Sell 60.07 30,067 1,806,125 518,464 01/13/23
DESCH MATTHEW J Chief Executive Offi.. Chief Executive Officer Jan 09 Sell 60.03 46,560 2,794,997 548,531 01/11/23
DESCH MATTHEW J Chief Executive Offi.. Chief Executive Officer Jan 05 Sell 57.13 31,641 1,807,650 595,091 01/06/23
DESCH MATTHEW J Chief Executive Offi.. Chief Executive Officer Aug 05 Option 6.08 178,804 1,087,128 849,116 08/09/22
DESCH MATTHEW J Chief Executive Offi.. Chief Executive Officer Aug 05 Sell 45.37 94,661 4,294,770 754,455 08/09/22
NIEHAUS ROBERT H Director Director Aug 03 Sell 45.26 30,000 1,357,800 311,782 08/04/22
Hartin Bryan J. EVP-Sales and Market.. EVP-Sales and Marketing Aug 02 Sell 45.00 13,799 620,955 66,941 08/03/22
WEST BARRY Director Director Jul 29 Sell 44.03 3,002 132,178 44,423 08/01/22
NIEHAUS ROBERT H Director Director Feb 19 Sell 48.12 50,000 2,406,000 335,719 02/19/21
Krongard A B Director Director Jan 25 Option 7.3 198,728 1,450,714 432,399 01/25/21
FITZPATRICK THOMAS Chief Financial Offi.. Chief Financial Officer Dec 07 Sell 34 44,648 1,518,032 174,164 12/07/20
DESCH MATTHEW J Chief Executive Offi.. Chief Executive Officer Dec 07 Option 7.56 18,598 140,601 761,381 12/07/20
DESCH MATTHEW J Chief Executive Offi.. Chief Executive Officer Dec 07 Sell 34.65 75,710 2,623,352 742,783 12/07/20
Kapalka Timothy VP Iridium Satellite.. VP Iridium Satellite LLC Dec 07 Option 11.25 3,125 35,156 26,111 12/07/20
Kapalka Timothy VP Iridium Satellite.. VP Iridium Satellite LLC Dec 07 Sell 34.4 3,125 107,500 22,986 12/07/20
Scheimreif Scott EVP-Government Progr.. EVP-Government Programs Dec 07 Option 7.49 117,778 882,157 211,021 12/07/20
Scheimreif Scott EVP-Government Progr.. EVP-Government Programs Dec 07 Sell 34.25 117,778 4,033,896 93,243 12/07/20
DESCH MATTHEW J Chief Executive Offi.. Chief Executive Officer Nov 27 Sell 32.91 6,229 204,996 851,233 11/27/20
FITZPATRICK THOMAS Chief Financial Offi.. Chief Financial Officer Nov 18 Option 7.56 29,104 220,026 298,097 11/18/20
FITZPATRICK THOMAS Chief Financial Offi.. Chief Financial Officer Nov 18 Sell 32 77,714 2,486,848 220,383 11/18/20
Scheimreif Scott EVP-Government Progr.. EVP-Government Programs Oct 21 Option 8.31 20,507 170,413 115,172 10/21/20
Scheimreif Scott EVP-Government Progr.. EVP-Government Programs Oct 21 Sell 30 20,507 615,210 94,665 10/21/20
DESCH MATTHEW J Chief Executive Offi.. Chief Executive Officer Oct 21 Option 8.31 92,069 765,093 949,531 10/21/20
DESCH MATTHEW J Chief Executive Offi.. Chief Executive Officer Oct 21 Sell 30 92,069 2,762,070 857,462 10/21/20