Iron Mountain Inc (IRM) stock price, news and key stats

Price

Last close as of Sep 16, 2026. Delayed data; not a live quote.

Previous close

$112.04

Open

$112.85

Day range

$111.99 – $115.30

Volume

1.8M

About Iron Mountain Inc

Latest IRM news

• How data centers are affecting the housing market
  Macro Watch · Sep 9, 2026

  Data centers are increasingly influencing the housing market, particularly in areas where they are being developed. A recent report analyzing over 3,200 counties indicates that while the presence of data centers is driving up land prices, the overall impact on property values remains ambiguous. Real estate agents express concerns that the operational demands of these facilities could lead to increased utility costs for local residents, potentially deterring homebuyers. The competition for land has intensified, with data center developers often outbidding traditional homebuilders. This trend exacerbates the existing housing shortage in the U.S., where millions of affordable homes are needed. Since 2018, the share of home sales occurring near large data centers has more than doubled to 1.5%, highlighting a shift in the market driven more by the expansion of these facilities than by consumer demand. As data centers continue to proliferate, particularly in suburban and rural areas, their long-term implications for housing affordability and community dynamics will warrant close monitoring. The interplay between technological infrastructure and residential development could reshape local economies, influencing everything from property values to the availability of essential services.

• Pa. Gov. Shapiro says too many data center developers 'don't care about our communities'
  CNBC Tech · Sep 1, 2026

  Pennsylvania Governor Josh Shapiro has voiced strong concerns regarding the impact of data center developers on local communities, stating that many do not prioritize the needs and welfare of residents. In a recent interview, he characterized some developers as engaging in "predatory" practices that threaten community integrity. This sentiment aligns with a Gallup survey indicating that approximately 70% of Americans oppose the construction of data centers for artificial intelligence in their neighborhoods, reflecting a growing unease about the rapid expansion of this sector. While Shapiro has not implemented a moratorium on new data centers, his executive order introduces stricter requirements aimed at ensuring that developers engage more responsibly with local populations. This move comes amid a broader debate about the balance between technological advancement and community preservation. The implications for the market could be significant; as states like Pennsylvania tighten regulations, developers may face increased operational costs and delays, potentially slowing the pace of growth in the data center sector. Investors and stakeholders will need to navigate these evolving dynamics as they assess the viability of future projects in the region.

• The multiplying risks of financing data centres
  FT Companies · Aug 26, 2026

  The rapid expansion of data centers, driven by the surging demand for cloud computing and digital services, has attracted significant interest from Wall Street investors. However, the financing of these colossal facilities is becoming increasingly fraught with risks. As firms extend their underwriting capabilities to accommodate this burgeoning asset class, they are simultaneously seeking to mitigate their exposure to potential pitfalls, including regulatory challenges, environmental concerns, and technological obsolescence. Investors are particularly wary of the substantial capital requirements associated with data centers, which often necessitate long-term commitments and can be vulnerable to shifts in market dynamics. The growing emphasis on sustainability and energy efficiency adds another layer of complexity, as operators face pressure to reduce their carbon footprints while maintaining profitability. This has led to a cautious approach among financiers, who are exploring innovative financing structures and partnerships to balance risk and reward. Market implications are significant, as the evolving landscape of data center financing could reshape investment strategies across the technology and real estate sectors. As competition intensifies, firms that successfully navigate these challenges may gain a competitive edge, while those that fail to adapt could face substantial losses. The future of data center financing will likely hinge on the ability of investors to balance the promise of high returns with the inherent risks of this dynamic and rapidly changing market.

• Investment-grade ratings with junk-bond yields? Data centers attract capital through high yields amid strong financing demand
  Corporate Bonds · Aug 18, 2026

  Investment-grade-rated bonds are currently offering yields that rival those of junk bonds, particularly in the data center sector, which is attracting significant capital amid robust financing demand. This unusual scenario reflects a growing appetite for higher returns in a low-interest-rate environment, where investors are increasingly willing to take on additional risk for better yields. The data center industry, buoyed by the surge in cloud computing and digital services, has emerged as a prime beneficiary of this trend, drawing interest from both institutional and retail investors. The implications for the fixed-income market are notable. As investors seek out higher yields, the demand for data center bonds could lead to tighter spreads on these securities, potentially pushing prices higher. This dynamic may also influence the broader corporate bond market, as issuers in other sectors may need to adjust their offerings to remain competitive. Furthermore, the growing reliance on technology infrastructure underscores the resilience of the data center sector, which may continue to attract capital even as economic conditions fluctuate. As the landscape evolves, investors will need to carefully assess the risk-reward profile of these bonds, balancing the allure of high yields against the inherent risks associated with lower-rated securities.

Index membership

• S&P 500 · Real Estate

Related Real Estate stocks

• AMTAmerican Tower
• AREAlexandria Real Estate Equities
• BXPBXP, Inc.
• CBRECBRE Group
• CCICrown Castle
• CPTCamden Property Trust
• CSGPCoStar Group
• DLRDigital Realty