After Hours
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.
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Stocks Info
This NASDAQ-listed company operates within the Telecom Services industry segment, falling under the Communication Services sector. The current market capitalization of Iridium Communications Inc is $3.67B. A total of 0.79 million shares were traded on the day, compared to an average of 1.04M shares.
In the most recent transaction, Harman Jane L. sold 3,798 shares of IRDM for 28.41 per share on Mar 06 ’24. After the transaction, the Director now owns 60,517 company shares. In a previous transaction on Nov 20 ’23, DESCH MATTHEW J bought 28,000 shares at 37.01 per share. IRDM shares that Chief Executive Officer owns now total 706,912.
Dividend
The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Iridium Communications Inc pays an annual dividend of $0.54, resulting in a dividend yield of 1.74%, and it has a price to earnings (P/E) ratio of 42.99. IRDM’s most recent ex-dividend date was 9/13/2024 when it declared a $0.14 quarterly dividend that was paid in cash on 9/30/2024. Previously, the company paid the dividend on 6/28/2024 with an ex-dividend date of 6/14/2024. The IRDM stock dividend was $0.14 per share in cash.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, IRDM has a high of $47.02 and a low of $24.14.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its 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 $6.64, 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 4.17.
