Iridium Communications (IRDM) Projected to Post Earnings on Thursday

Iridium Communications (NASDAQ:IRDM) is expected to post its Q1 2026 results before the market opens on Thursday, April 23rd. Analysts expect Iridium Communications to post earnings of $0.27 per share and revenue of $218.3930 million for the quarter. Individuals can find conference call details on the company’s upcoming Q1 2026 earning report page for the latest details on the call scheduled for Thursday, April 23, 2026 at 8:30 AM ET.

Iridium Communications (NASDAQ:IRDM) last announced its quarterly earnings data on Thursday, February 12th. The technology company reported $0.24 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.01. Iridium Communications had a return on equity of 24.01% and a net margin of 13.12%.The company had revenue of $212.94 million during the quarter, compared to analyst estimates of $219.14 million. During the same quarter last year, the firm posted $0.32 EPS. The firm’s revenue for the quarter was up .0% on a year-over-year basis. On average, analysts expect Iridium Communications to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Iridium Communications Trading Up 2.9%

Shares of IRDM opened at $42.93 on Wednesday. The business has a 50-day moving average of $28.14 and a 200 day moving average of $21.73. Iridium Communications has a fifty-two week low of $15.65 and a fifty-two week high of $44.36. The firm has a market cap of $4.54 billion, a P/E ratio of 40.50, a price-to-earnings-growth ratio of 2.82 and a beta of 0.48. The company has a debt-to-equity ratio of 3.80, a quick ratio of 1.82 and a current ratio of 2.48.

Iridium Communications Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 16th were issued a $0.15 dividend. The ex-dividend date of this dividend was Monday, March 16th. This represents a $0.60 annualized dividend and a yield of 1.4%. Iridium Communications’s dividend payout ratio (DPR) is 56.60%.

Analysts Set New Price Targets

Several research analysts have commented on IRDM shares. Morgan Stanley raised their target price on Iridium Communications from $24.00 to $26.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 18th. BWS Financial restated a “sell” rating and issued a $16.00 target price on shares of Iridium Communications in a research note on Wednesday, April 15th. Weiss Ratings upgraded Iridium Communications from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, March 10th. Finally, Barclays raised their target price on Iridium Communications from $25.00 to $36.00 and gave the stock an “overweight” rating in a research note on Thursday, April 9th. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $27.60.

Insiders Place Their Bets

In related news, CAO Timothy Kapalka sold 2,043 shares of the business’s stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $33.00, for a total value of $67,419.00. Following the completion of the sale, the chief accounting officer owned 45,721 shares in the company, valued at $1,508,793. The trade was a 4.28% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.70% of the stock is owned by insiders.

Institutional Trading of Iridium Communications

A number of hedge funds have recently bought and sold shares of IRDM. Quadrant Capital Group LLC lifted its position in Iridium Communications by 107.5% in the 4th quarter. Quadrant Capital Group LLC now owns 1,430 shares of the technology company’s stock worth $25,000 after buying an additional 741 shares during the last quarter. Larson Financial Group LLC lifted its position in Iridium Communications by 392.8% in the 3rd quarter. Larson Financial Group LLC now owns 1,508 shares of the technology company’s stock worth $26,000 after buying an additional 1,202 shares during the last quarter. Kestra Advisory Services LLC bought a new stake in Iridium Communications in the 4th quarter worth approximately $27,000. CIBC Private Wealth Group LLC bought a new stake in Iridium Communications in the 3rd quarter worth approximately $32,000. Finally, Caitong International Asset Management Co. Ltd lifted its position in Iridium Communications by 10,363.2% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,988 shares of the technology company’s stock worth $35,000 after buying an additional 1,969 shares during the last quarter. Institutional investors own 84.36% of the company’s stock.

About Iridium Communications

Iridium Communications Inc operates a global satellite communications network that delivers voice and data services across land, sea and air. The company’s unique architecture relies on a constellation of 66 low-Earth orbit satellites, enabling real-time connectivity in regions beyond the reach of terrestrial wireless networks. Iridium’s core offerings include satellite voice and messaging services, broadband data terminals, push-to-talk (PTT) interoperability and machine-to-machine (M2M) solutions for the Internet of Things (IoT).

Iridium serves a diverse range of markets, including maritime shipping, aviation, government and defense, energy, and enterprise.