The Question Is Whether To Buy Or Not To Buy Iridium Communications Inc (NASDAQ: IRDM)

After Hours

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.

Stocks Info

Iridium Communications Inc is listed on the NASDAQ as a member of the Communication Services sector and is a part of the Telecom Services industry. The current market capitalization of Iridium Communications Inc is $2.72B. A total of 1.12 million shares were traded on the day, compared to an average of 1.50M 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

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Iridium Communications Inc pays an annual dividend of $0.56, resulting in a dividend yield of 2.22%, and it has a price to earnings (P/E) ratio of 23.64. IRDM’s most recent ex-dividend date was 1.9% when it declared a $0.14 quarterly dividend that was paid in cash on 3/17/2025. Previously, the company paid the dividend on 12/16/2024 with an ex-dividend date of 1.7%. The IRDM stock dividend was $0.14 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, IRDM has a high of $35.85 and a low of $19.91.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s 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 $4.77, while its Total Shareholder’s Equity was $1.29B.

Analysts Opinion

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. 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 4.43.

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