This Is Too Hot For Iridium Communications Inc (NASDAQ: IRDM), Let’s Take A Closer Look

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

Stocks Info

As a NASDAQ listed company, IRDM falls under the Communication Services sector while operating within the Telecom Services industry segment. The current market capitalization of Iridium Communications Inc is $3.48B. A total of 1.46 million shares were traded on the day, compared to an average of 1.08M shares.

In the most recent transaction, Olson Eric T sold 4,955 shares of IRDM for 34.03 per share on Feb 18 ’25. After the transaction, the Director now owns 137,557 company shares. In a previous transaction on Feb 18 ’25, Morgan Kathleen A. sold 15,005 shares at 33.58 per share. IRDM shares that CHIEF LEGAL OFFICER owns now total 55,818.

Among the insiders who bought shares, Olson Eric T acquired of 4,955 shares on Feb 18 ’25 at a per-share price of $34.03. In another insider transaction, Morgan Kathleen A. bought 15,005 shares at $33.58 per share on Feb 18 ’25.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Iridium Communications Inc pays an annual dividend of $0.55, resulting in a dividend yield of 1.72%, and it has a price to earnings (P/E) ratio of 33.67. IRDM’s most recent ex-dividend date was 1.7% when it declared a $0.14 quarterly dividend that was paid in cash on 12/16/2024. Previously, the company paid the dividend on 9/13/2024 with an ex-dividend date of 2.1%. The IRDM stock dividend was $0.14 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, IRDM has a high of $35.85 and a low of $24.14.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. 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 $5.23, while its Total Shareholder’s Equity was $1.29B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. 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 4.14.

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