Leaked Memo Points to $100 Trillion Wealth Transfer Starting Soon
The U.S. Department of the Interior's internal memo has leaked ... and the contents are shocking. A federally backed resource monetization plan may soon go live, and it could trigger a new gold rush into select energy and mineral stocks. Investing legend Whitney Tilson breaks it all down inside.
| Open | 25.83 | Prev Close | 25.26 |
| High | 26.02 | Low | 24.84 |
| Volume | 4,026,471 | Volume (Avg) | 1,365 |
| 52 Week High | 35.33 | 52 Week Low | 19.81 |
| Market Cap | 2.7B | PE Ratio | 25.67 |
General
| Name | Iridium Communications Inc |
| Ticker | IRDM |
| Exchange | NASDAQ |
| Sector | Communication Services |
| Industry | Telecom Services |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 873 |
About Iridium Communications Inc
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 mobile satellite communications services for land mobile end users and aviation sectors; broadband terminals, embedded devices, and handsets for merchant shipping, fishing, leisure and research vessels, and specialized watercraft; satellite-based IoT services; hosted payload and other data services; and other data services and engineering services. It also provides postpaid mobile voice and data satellite communications; prepaid mobile voice satellite communications; push-to-talk; broadband data; Internet of Things (IoT); and satellite time and location services. In addition, the company offers personnel tracking devices; asset tracking devices for equipment, vehicles, and aircrafts; beyond-line-of-sight aircraft communications applications; maritime communications applications; specialized communications solutions for high-value individuals; and mobile communications and data devices for the military and other government agencies, such as secure satellite handsets; and maintenance services for the U.S. government's dedicated gateway. Further, it provides satellite handsets, voice and data modems, broadband data devices, and IoT data devices; and various accessories for its devices that include batteries, holsters, earbud headphones, portable auxiliary antennas, antenna adaptors, USB data cables, charging units, and others. The company sells its products and services to commercial end users through a wholesale distribution network that include service providers, and value-added resellers and manufacturers. The company was formerly known as Iridium Holdings LLC and changed its name to Iridium Communications Inc. in September 2009. Iridium Communications Inc. is headquartered in McLean, Virginia.
Highlights
| Analyst Target | 36.11 |
| Market Cap | 2,726,600,000 |
| PE Ratio | 25.67 |
| PEG Ratio | 0.83 |
| EBITDA | 427,824,000 |
Valuation
| Trailing PE | 25.70 |
| Forward PE | 24.81 |
| Price/Sales (Trailing 12 Mt.) | 3.18 |
| Price/Book (Most Recent Quarter) | 5.76 |
Technicals
| Beta | 0.76 |
| 52 Week High | 35.33 |
| 52 Week Low | 19.81 |
| 50 Day Average | -10.38% |
| 200 Day Average | -9.98% |
Dividend
Iridium Communications Inc pays out a dividend of $0.58 per share, with a dividend yield of 2.26%.
IRDM's last dividend payment was made to shareholders on June 30, 2025.
They pay out 58.42% of their earnings out as a dividend.
Recent Dividends
| Jun 30, 2025 | $0.14 |
| Mar 31, 2025 | $0.14 |
| Dec 31, 2024 | $0.14 |
| Sep 30, 2024 | $0.14 |
| Jun 28, 2024 | $0.14 |
| Mar 29, 2024 | $0.13 |
| Dec 29, 2023 | $0.13 |
| Sep 29, 2023 | $0.13 |
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