How to buy Iridium Communications stock - 12 April

Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy Iridium Communications stock

Own Iridium Communications stock in just a few minutes.

Iridium Communications Inc is a telecom services business based in the US. Iridium Communications shares (IRDM) are listed on the NASDAQ and all prices are listed in US Dollars. Iridium Communications employs 516 staff and has a trailing 12-month revenue of around USD$583.4 million.

How to buy shares in Iridium Communications

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Iridium Communications. Find the stock by name or ticker symbol: IRDM. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Iridium Communications reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Iridium Communications, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Iridium Communications. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Iridium Communications share price

Use our graph to track the performance of IRDM stocks over time.

Iridium Communications shares at a glance

Information last updated 2021-04-08.
52-week rangeUSD$19.18 - USD$54.65
50-day moving average USD$40.3863
200-day moving average USD$36.8149
Wall St. target priceUSD$39
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) USD$-0.567

Buy Iridium Communications shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
Name Product Stock trade fee Asset types Option trade fee Annual fee Signup bonus
Sofi Invest
Stocks, ETFs, Cryptocurrency
A free way to invest in stocks, ETFs and crypto.
Stocks, Options, ETFs, Gold/Commodities
Free stock (chosen randomly with a value anywhere between $2.50 and $200)
Sign up using the "go to site" link
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
Interactive Brokers
Stocks, Bonds, Options, Mutual funds, ETFs
$0 + $0.65/contract, $1 minimum
IBKR Lite offers $0 commissions, and IBKR Pro offers advanced tools for professional traders.
Stocks, Options, ETFs
Get one free stock valued between $2.50 and $250 when you open an account, one more with a deposit
Open an account
Margin financing rates start at 3.99%. No monthly subscription fees for margin.
Stocks, Bonds, Options, Mutual funds, ETFs, Cryptocurrency
$0 + $0.50/contract
$0 per month
Deposit qualifying assets of $5,000+
A platform built for all kinds of traders and all styles of trading
Stocks, ETFs
$0 per month

Compare up to 4 providers

*Signup bonus information updated weekly.

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Iridium Communications stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Iridium Communications under- or over-valued?

Valuing Iridium Communications stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Iridium Communications's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Iridium Communications's PEG ratio

Iridium Communications's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.42. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Iridium Communications's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Iridium Communications's EBITDA

Iridium Communications's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$338.7 million.

The EBITDA is a measure of a Iridium Communications's overall financial performance and is widely used to measure a its profitability.

Iridium Communications financials

Revenue TTM USD$583.4 million
Operating margin TTM 6.08%
Gross profit TTM USD$440.7 million
Return on assets TTM 0.64%
Return on equity TTM -3.89%
Profit margin -9.61%
Book value $10.588
Market capitalisation USD$5.6 billion

TTM: trailing 12 months

Shorting Iridium Communications shares

There are currently 4.8 million Iridium Communications shares held short by investors – that's known as Iridium Communications's "short interest". This figure is 30.4% up from 3.7 million last month.

There are a few different ways that this level of interest in shorting Iridium Communications shares can be evaluated.

Iridium Communications's "short interest ratio" (SIR)

Iridium Communications's "short interest ratio" (SIR) is the quantity of Iridium Communications shares currently shorted divided by the average quantity of Iridium Communications shares traded daily (recently around 1.6 million). Iridium Communications's SIR currently stands at 3. In other words for every 100,000 Iridium Communications shares traded daily on the market, roughly 3000 shares are currently held short.

However Iridium Communications's short interest can also be evaluated against the total number of Iridium Communications shares, or, against the total number of tradable Iridium Communications shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Iridium Communications's short interest could be expressed as 0.04% of the outstanding shares (for every 100,000 Iridium Communications shares in existence, roughly 40 shares are currently held short) or 0.0476% of the tradable shares (for every 100,000 tradable Iridium Communications shares, roughly 48 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Iridium Communications.

Find out more about how you can short Iridium Communications stock.

Iridium Communications share dividends

We're not expecting Iridium Communications to pay a dividend over the next 12 months.

Iridium Communications share price volatility

Over the last 12 months, Iridium Communications's shares have ranged in value from as little as $19.18 up to $54.65. A popular way to gauge a stock's volatility is its "beta".

IRDM.US volatility(beta: 1.16)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Iridium Communications's is 1.1589. This would suggest that Iridium Communications's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Iridium Communications overview

Iridium Communications Inc. provides mobile voice and data communications services and product to businesses, the United States and foreign 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. It also provides other services, such as inbound connections from the public switched telephone network, short message, subscriber identity module, activation, customer reactivation, and other peripheral services. In addition, the company offers voice and data solutions comprising 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; mobile communications and data devices for the military and intelligence agencies, such as secure satellite handsets, as well as netted voice, messaging, and paging services; and maintenance services for the department of defense's dedicated gateway. Further, it provides satellite handsets, personal connectivity devices, voice and data modems, broadband data devices, and IoT data devices; various accessories for its devices that include batteries, holsters, earbud headphones, portable auxiliary antennas, antenna adaptors, USB data cables, charging units, and others; and engineering and support services. Iridium Communications Inc. 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. was founded in 2000 and is headquartered in McLean, Virginia.

Frequently asked questions

More guides on Finder

Ask an Expert

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site