IRDM icon

Iridium Communications (IRDM)

NASDAQ

$24.50

$0.57 (

+2.38%

)

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5D
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6M
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Market open

IRDM: $24.50 / ₿ 0.0004 BTC / 35509 Sats

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5D
1M
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Key statistics

$23.93
$15.65 - $33.34
$2.57B
4.41
$23.50
$524,424.31
104.96M
22.59
$24.49 - $24.53
2.51
$23.47 - $24.77
Yes

What is Iridium Communications (IRDM)?

Iridium Communications Inc is the commercial provider of communications services offering true globalised coverage, connecting people, organizations, and assets to and from anywhere, in real time. The company is a provider of mobile voice and data communications services through a constellation of low-earth-orbiting satellites. Iridium's solutions are ideally suited for industries such as maritime, aviation, government/military, emergency/humanitarian services, mining, forestry, oil and gas, heavy equipment, transportation, and utilities. Iridium also provides service to subscribers from the U.S. Department of Defense, as well as other civil and government agencies world-wide. The Company operates in one business segment, providing satellite communications services and products.

The Iridium Communications (IRDM) stock price has been rising

The Iridium Communications Inc Common Stock (IRDM) stock price today is $24.50, reflecting a +2.38% move since the market opened. The company’s market capitalization stands at $2.57B, with a daily trading volume of $524.42K shares. For investors tracking price trends, Iridium Communications Inc Common Stock stock has ranged between $23.47 and $24.77 today. The previous closing price was $23.93.

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IRDM FAQs

IRDM is in the Communication Services sector. Sector is a broad classification that groups companies based on their business activities, industry focus or economic function.

IRDM is in the Telecom Services industry. Industry is a more specific classification within a sector, grouping companies that operate in a similar field and have closely related business models.

Over the past 52 weeks, Iridium Communications Inc Common Stock (IRDM) has traded between a low of $15.65 and a high of $33.34.

IRDM is in the Telecommunication Services industry group. Industry group is a further subdivision within an industry, grouping companies with even more closely related business models and operations. This helps investors analyze stocks at a more detailed level than sector and industry classifications alone.

IRDM’s payout ratio is 0.55. Payout ratio is a financial metric used to measure the proportion of a company's earnings that are paid out as dividends to shareholders.

IRDM’s trailing dividend yield is 2.42. Trailing dividend yield is a financial metric used to measure the return on investment from a company's dividend payments over the past 12 months.

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