What is BWS Financial’s Forecast for IRDM Q4 Earnings?

Iridium Communications Inc. (NASDAQ:IRDMFree Report) – Research analysts at BWS Financial issued their Q4 2025 earnings per share estimates for Iridium Communications in a report released on Monday, October 21st. BWS Financial analyst H. Khorsand expects that the technology company will post earnings of $0.17 per share for the quarter. BWS Financial has a “Neutral” rating and a $30.00 price target on the stock. The consensus estimate for Iridium Communications’ current full-year earnings is $0.81 per share.

Separately, Barclays lifted their target price on shares of Iridium Communications from $44.00 to $45.00 and gave the company an “overweight” rating in a research report on Wednesday, July 24th. Two analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Iridium Communications has a consensus rating of “Moderate Buy” and an average target price of $41.00.

Read Our Latest Analysis on Iridium Communications

Iridium Communications Trading Down 2.8 %

Shares of Iridium Communications stock opened at $28.94 on Thursday. Iridium Communications has a 52-week low of $24.14 and a 52-week high of $41.66. The firm has a market capitalization of $3.51 billion, a PE ratio of 137.81 and a beta of 0.65. The company has a debt-to-equity ratio of 2.08, a current ratio of 2.25 and a quick ratio of 1.52. The company’s fifty day moving average price is $28.48 and its two-hundred day moving average price is $28.08.

Iridium Communications (NASDAQ:IRDMGet Free Report) last issued its earnings results on Tuesday, July 23rd. The technology company reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.10. Iridium Communications had a return on equity of 10.23% and a net margin of 11.08%. The business had revenue of $201.07 million during the quarter, compared to analyst estimates of $204.01 million. During the same period in the prior year, the company posted ($0.24) earnings per share. Iridium Communications’s revenue was up 4.1% on a year-over-year basis.

Institutional Investors Weigh In On Iridium Communications

Large investors have recently bought and sold shares of the business. Allspring Global Investments Holdings LLC boosted its stake in Iridium Communications by 7,684.6% in the second quarter. Allspring Global Investments Holdings LLC now owns 1,012 shares of the technology company’s stock worth $27,000 after purchasing an additional 999 shares in the last quarter. Acadian Asset Management LLC bought a new position in shares of Iridium Communications in the first quarter valued at about $29,000. Mather Group LLC. acquired a new position in Iridium Communications during the 2nd quarter worth about $32,000. Blue Trust Inc. grew its holdings in Iridium Communications by 109.7% during the 2nd quarter. Blue Trust Inc. now owns 1,491 shares of the technology company’s stock worth $39,000 after acquiring an additional 780 shares during the last quarter. Finally, International Assets Investment Management LLC bought a new stake in Iridium Communications during the 2nd quarter worth about $45,000. 84.36% of the stock is currently owned by institutional investors.

Insider Activity

In related news, Director Robert H. Niehaus sold 38,355 shares of the stock in a transaction dated Wednesday, October 23rd. The shares were sold at an average price of $29.39, for a total transaction of $1,127,253.45. Following the completion of the sale, the director now owns 254,824 shares in the company, valued at $7,489,277.36. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 2.00% of the stock is owned by corporate insiders.

Iridium Communications declared that its Board of Directors has authorized a share buyback program on Thursday, September 19th that authorizes the company to repurchase $500.00 million in shares. This repurchase authorization authorizes the technology company to repurchase up to 14.2% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s management believes its stock is undervalued.

Iridium Communications Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 13th were issued a dividend of $0.14 per share. The ex-dividend date was Friday, September 13th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.94%. Iridium Communications’s payout ratio is presently 266.67%.

Iridium Communications Company Profile

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for Iridium Communications (NASDAQ:IRDM)

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