Research Analysts Offer Predictions for IRDM Q1 Earnings

Iridium Communications Inc. (NASDAQ:IRDM) – Stock analysts at BWS Financial lifted their Q1 2025 earnings per share estimates for shares of Iridium Communications in a research note issued on Tuesday, February 18th. BWS Financial analyst H. Khorsand now forecasts that the technology company will earn $0.21 per share for the quarter, up from their prior estimate of $0.16. The consensus estimate for Iridium Communications’ current full-year earnings is $0.89 per share. BWS Financial also issued estimates for Iridium Communications’ Q2 2025 earnings at $0.27 EPS, Q3 2025 earnings at $0.30 EPS and Q4 2025 earnings at $0.23 EPS.

Separately, Cantor Fitzgerald initiated coverage on Iridium Communications in a research report on Friday, January 24th. They set an “overweight” rating and a $40.00 price objective on the stock.

Iridium Communications Stock Down 3.2 %

IRDM stock opened at $31.08 on Friday. The company has a debt-to-equity ratio of 3.05, a current ratio of 1.73 and a quick ratio of 1.25. The stock has a market capitalization of $3.38 billion, a price-to-earnings ratio of 32.72, a PEG ratio of 1.28 and a beta of 0.65. The business’s fifty day moving average price is $29.31 and its two-hundred day moving average price is $28.99. Iridium Communications has a fifty-two week low of $24.14 and a fifty-two week high of $35.85.

Iridium Communications (NASDAQ:IRDM) last posted its quarterly earnings data on Thursday, February 13th. The technology company reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.16. The firm had revenue of $212.99 million for the quarter, compared to analysts’ expectations of $203.78 million. Iridium Communications had a return on equity of 15.66% and a net margin of 13.58%.

Institutional Trading of Iridium Communications

Several large investors have recently modified their holdings of IRDM. Plato Investment Management Ltd acquired a new stake in Iridium Communications in the fourth quarter valued at about $32,000. SBI Securities Co. Ltd. acquired a new stake in Iridium Communications in the fourth quarter valued at about $37,000. Pinnacle Holdings LLC boosted its stake in Iridium Communications by 45.4% in the fourth quarter. Pinnacle Holdings LLC now owns 1,528 shares of the technology company’s stock valued at $44,000 after buying an additional 477 shares in the last quarter. Capital Performance Advisors LLP acquired a new stake in Iridium Communications in the third quarter valued at about $57,000. Finally, Fifth Third Bancorp boosted its stake in Iridium Communications by 19.8% in the fourth quarter. Fifth Third Bancorp now owns 2,162 shares of the technology company’s stock valued at $63,000 after buying an additional 357 shares in the last quarter. 84.36% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Iridium Communications

In other news, Director Thomas Fitzpatrick sold 12,500 shares of the stock in a transaction on Friday, January 10th. The stock was sold at an average price of $28.53, for a total transaction of $356,625.00. Following the sale, the director now directly owns 241,030 shares of the company’s stock, valued at approximately $6,876,585.90. This represents a 4.93 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 2.00% of the stock is currently owned by insiders.

Iridium Communications Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th were issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 1.80%. The ex-dividend date of this dividend was Monday, December 16th. Iridium Communications’s dividend payout ratio (DPR) is currently 58.95%.

Iridium Communications Company Profile

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.