After Hours
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility.
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Stocks Info
Iridium Communications Inc is listed on the NASDAQ in the Communication Services sector while operating in the Telecom Services industry. The current market capitalization of Iridium Communications Inc is $3.41B. A total of 1.83 million shares were traded on the day, compared to an average of 1.21M shares.
In the most recent transaction, Harman Jane L. sold 3,798 shares of IRDM for 28.41 per share on Mar 06 ’24. After the transaction, the Director now owns 60,517 company shares. In a previous transaction on Nov 20 ’23, DESCH MATTHEW J bought 28,000 shares at 37.01 per share. IRDM shares that Chief Executive Officer owns now total 706,912.
Among the insiders who sold shares, Hartin Bryan J. disposed of 27,835 shares on May 03 ’23 at a per-share price of $64.80. This resulted in the EVP-Sales and Marketing holding 65,101 shares of IRDM after the transaction. In another insider transaction, NIEHAUS ROBERT H sold 55,776 shares at $63.69 per share on May 01 ’23. Company shares held by the Director now total 246,874.
Dividend
The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Iridium Communications Inc pays an annual dividend of $0.52, resulting in a dividend yield of 1.85%, and it has a price to earnings (P/E) ratio of 132.84. IRDM’s most recent ex-dividend date was 3/14/2024 when it declared a $0.13 quarterly dividend that was paid in cash on 3/29/2024. Previously, the company paid the dividend on 12/29/2023 with an ex-dividend date of 12/14/2023. The IRDM stock dividend was $0.13 per share in cash.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, IRDM has a high of $68.34 and a low of $24.14.
As of this writing, IRDM has an earnings estimate of $Iridium Communications Inc per share for the current quarter. EPS was calculated based on a consensus of Iron Mountain Incorporated (Del estimates, with a high estimate of $iRadimed Corporation per share and a lower estimate of $FRDM.
Balance Sheet Annually/Quarterly
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. IRDM’s latest balance sheet shows that the firm has $320.91M in Cash & Short Term Investments as of fiscal 2021. There were $1.60B in debt and $108.84M in liabilities at the time. Its Book Value Per Share was $7.02, while its Total Shareholder’s Equity was $1.29B.
Analysts Opinion
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for IRDM is Buy with a score of 4.17.
