EQIX - Equinix, Inc. (REIT)
| Previous Close | 512.17 |
| Open | 514.47 |
| Bid | 506.94 x 1100 |
| Ask | 507.21 x 2200 |
| Day's Range | 506.59 - 515.80 |
| 52 Week Range | 335.29 - 528.98 |
| Volume | 274,594 |
| Avg. Volume | 359,207 |
| Market Cap | 42.591B |
| Beta (3Y Monthly) | 0.66 |
| PE Ratio (TTM) | 97.24 |
| EPS (TTM) | 5.21 |
| Earnings Date | Jul 31, 2019 |
| Forward Dividend & Yield | 9.84 (1.92%) |
| Ex-Dividend Date | 2019-05-21 |
| 1y Target Est | 527.71 |
- American City Business Journals•3 days ago
DISA extends deadline for market research into JEDI’s fiber network
To help handle the $10 billion build-out of its cloud infrastructure, the DOD is looking for unused fiber-optic networks to lease.
- Zacks•9 days ago
Digital Realty Eyes Expansion in Europe With Paris Land Buyout
Paris offers bright prospects for Digital Realty (DLR), backed by its position as a key technology and interconnection center, and rapid growth of enterprise colocation and hyperscale customer demand.
- Motley Fool•11 days ago
Why Equinix Stock Rocketed 43% in the First Half of 2019
Data center owner Equinix trounced the S&P 500 index and the broader REIT sector simply by doing what it does best.
- Markit•11 days ago
See what the IHS Markit Score report has to say about Equinix Inc.
Equinix Inc NASDAQ/NGS:EQIXView full report here! Summary * Perception of the company's creditworthiness is positive and improving * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is extremely low for EQIX with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting EQIX. Money flowETF/Index ownership | NeutralETF activity is neutral. The net inflows of $8.54 billion over the last one-month into ETFs that hold EQIX are not among the highest of the last year and have been slowing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is very weak relative to the trend shown over the past year, and has continued to ease. However, the rate of expansion may accelerate in the coming months. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator with a strengthening bias over the past 1-month. EQIX credit default swap spreads are decreasing and near the lowest level of the last three years, which indicates improvement in the market's perception of the company's credit worthiness.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Moody's•18 days ago
Equinix, Inc. -- Moody's says Equinix's joint venture with GIC is credit positive
Equinix, Inc. (Equinix, Ba2 stable) announced yesterday the formation of a joint venture (JV) with GIC, Singapore's sovereign wealth fund, to develop data centers in Europe to serve the unique workload needs of a targeted group of the world's largest hyperscale cloud service providers. As GIC will own an 80% equity interest in the JV to Equinix's 20%, Equinix will benefit from increased cash flow with minimal equity commitments and without increased debt burden given the exclusion of any off balance sheet debt of the JV in Moody's adjusted debt calculation.
- PR Newswire•18 days ago
MEDIA ALERT: Equinix Sets Conference Call for Second Quarter Results
REDWOOD CITY, Calif. , July 2, 2019 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced that it will hold its quarterly conference call on ...
- Zacks•18 days ago
Equinix Forms JV With GIC to Develop Hyperscale Data Centers
Equinix (EQIX) and GIC form a strategic partnership to develop xScale data centers that will support unique needs of top hyperscale companies in Europe.
- TechCrunch•18 days ago
Equinix and Singapore's GIC will launch a $1 billion joint venture to build hyperscale data centers in Europe
Equinix, one of the world’s largest data center companies, announced that itwill form a $1 billion joint venture with GIC, Singapore’s sovereign wealthfund
- PR Newswire•19 days ago
Fitch Upgrades Equinix to Investment Grade ("BBB-") On Improved Credit Quality
REDWOOD CITY, Calif., July 1, 2019 /PRNewswire/ -- Equinix, Inc. (EQIX), the global interconnection and data center company, today announced that Fitch Ratings has upgraded all of Equinix's ratings to investment grade, including the Long-Term Issuer Default Rating (IDR) and senior unsecured rating to "BBB-". The rating reflects Equinix's leading market position in data center colocation and interconnection, geographic diversity, stable customer and revenue characteristics, and positive secular demand drivers. Equinix's lower leverage relative to its peer group, wide access to diverse sources of capital and substantial liquidity were all deemed consistent with an investment grade REIT profile.
- PR Newswire•19 days ago
Equinix and GIC Agree to Form Joint Venture to Develop and Operate Hyperscale Data Centers in Europe
REDWOOD CITY, Calif., July 1, 2019 /PRNewswire/ -- Equinix, Inc. (EQIX), the global interconnection and data center company, today announced the signing on June 27, 2019, of a greater than U.S.$1.0 billion initial joint venture in the form of a limited liability partnership with GIC, Singapore's sovereign wealth fund, to develop and operate xScaleTM data centers in Europe. The initial facilities in the joint venture will serve the unique core workload deployment needs of a targeted group of hyperscale companies, including the world's largest cloud service providers. The facilities, on or proximate to some of Equinix's existing IBX® campuses, will allow these key enablers of digital transformation to streamline their continued growth, while strengthening Equinix's leadership position in the cloud ecosystem, as enterprises increasingly embrace hybrid multicloud as the IT architecture of choice.
- PR Newswire•23 days ago
Equinix Cloud Exchange Fabric™ Recognized by 451 Research as a '451 Firestarter' for Innovation and Vision in the Technology Industry
REDWOOD CITY, Calif., June 27, 2019 /PRNewswire/ -- Equinix, Inc. (EQIX), the global interconnection and data center company, today announced it received the "451 Firestarter" award from leading technology research and advisory firm 451 Research, recognizing the company's innovative contribution within the technology industry for Equinix Cloud Exchange Fabric™ (ECX Fabric™). 451 Research's Firestarter program recognizes exceptional innovation within the information technology industry.
- Investopedia•25 days ago
3 Charts That Suggest Traders Are Quietly Betting Against Real Estate
Bearish chart patterns on key real estate assets are confirming the Colliers International report that the peak for this cycle could be in place.
- Zacks•25 days ago
Should You Hold Equinix (EQIX) Stock in Your Portfolio Now?
Equinix's (EQIX) interconnection platform will benefit from higher data consumption and cloud spending. However, consolidation in the telecommunications industry is a concern.
- Zacks•last month
Equinix & IBM Cloud Collaborate for Data-Center Offering
Equinix's (EQIX) extended relationship with IBM Cloud to offer a private connection to global enterprises, aiding their hybrid cloud deployments.
- InvestorPlace•last month
Best ETFs for 2019: Financial Sector Spider ETF (XLF) Still Has a Chance
Editor's Note: This article is part of InvestorPlace.com's Best ETFs for 2019 contest. Dana Blankenhorn's pick is Financial Select Sector SPDR Fund (NYSEARCA:XLF).At the start of 2019, when we relaunched our best exchange-traded funds feature, I thought the market was getting frothy and chose to get defensive with the Financial Sector Spider ETF (NYSEARCA:XLF).InvestorPlace - Stock Market News, Stock Advice & Trading TipsSo far, that's up 15%. Pretty fly for an old guy. But folks who were more aggressive have done better. The editor of this section, Robert Waldo, has more than doubled me up with his choice, the Pacer Benchmark Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR). SRVR has big holdings in technology landlords like American Tower (NYSE:AMT), which owns most of those big cell towers you love, and Equinix (NASDAQ:EQIX), a data center REIT that connects the clouds.Can the big banks come back? Look for ConsolidationHope for a comeback lies in consolidation. The merger of BB&T (NYSE:BBT) and SunTrust (NYSE:STI) to create something called Truist is making investors money. It's a big win for Charlotte, which will be the new bank's headquarters, and a loss for my hometown of Atlanta, where SunTrust is based.The Prosperity Bancshares (NYSE:PB) acquisition of LegacyTexas Financial Group (NASDAQ:LTXB) in Dallas gave that state its first big locally owned bank in decades. By such standards it's still a minnow. Total assets will be about $30 billion (SunTrust alone is worth seven times more) but if this is the start of a trend, then XLF investors should benefit. That's because takeovers fuel speculation about more takeovers, leading speculators to feed on potential targets and bankers to start whispering sweet nothings of profit in other bankers' ears. * 10 'Buy-and-Hold' Stocks to Own Forever Banks Are Payment ProcessorsIn general, however, banks remain subject to the same computerization trend facing other service-based businesses like insurance and real estate. Don't let your kid think he can grow up to sit behind a desk with pillars at either side and a swinging gate in front of him. That's a game for lawyers.I have only been in banks a few times in the last year … once to visit my safety deposit box and another time to use a notary. (You probably thought I was going to say bathroom.) There was a time when I regularly visited my broker's office to deposit checks into my market account, but there's an app for that now.Willie Sutton, the bank robber who supposedly said banks "are where the money is," would today be a geeky hacker, because that's where the money is in banking today. It's in programming.Why sit in front of a banker when you can just borrow through Square (NYSE:SQ) Capital -- they have all your financial figures anyhow. On the other hand, the biggest banks are also the biggest payment processors. They're not going to let that business go without a fight.Expect more deals. Bottom Line on the XLF ETFThe bottom line is that as money continues to become magnetic ink, banks will remain under pressure to consolidate and run off to the dog track with the depositors' money. The likelihood of more scandals like that of Deutsche Bank (NYSE:DB), once seen as a Donald Trump-era darling, is only going to grow.It all comes down to a new sobering reality. Banks are about to become the new stock market casino. But casinos make good money. And if your kid grew up as a geeky programmer type, JPMorgan Chase (NYSE:JPM) is hiring.Dana Blankenhorn is a financial and technology journalist. He is the author of a new environmental story, Bridget O'Flynn and the Bear , available now at the Amazon Kindle store. Write him at danablankenhorn@gmail.com or follow him on Twitter at @danablankenhorn. As of this writing he owned shares in JPM. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Value Stocks to Buy for the Second Half * 7 Hot Stocks to Buy for a Seemingly Sleepy Summer * 6 Chip Stocks Staring At Big Headwinds in 2019 Compare Brokers The post Best ETFs for 2019: Financial Sector Spider ETF (XLF) Still Has a Chance appeared first on InvestorPlace.
- PR Newswire•last month
Equinix Expands Collaboration with IBM Cloud
ECX Fabric Offers Enterprises a Private Onramp to IBM Cloud to Help Accelerate Hybrid Cloud Deployments REDWOOD CITY, Calif. , June 19, 2019 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection ...
- GuruFocus.com•last month
5 Companies Reach Yearly Highs
Recently, 5 companies have managed to achieve 52-week highs
- American City Business Journals•last month
Guest commentary: It’s time to close the gender gap for women in tech
In Silicon Valley and in the technology industry, the gender imbalance within companies is pervasive — both in the pipeline and in leadership. Along with our chief product officer, I sponsor a “Belonging in Technology” initiative for our technology teams with the objective of driving inclusion and belonging across our global technology workforce.
- Zacks•last month
Best ETFs to Invest in 5G Theme
5G technology will be a game changer; here are the stocks and ETFs that will benefit most
- PR Newswire•last month
MEDIA ALERT: Equinix to participate in ITW 2019
REDWOOD CITY, Calif. , June 13, 2019 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced its participation in the upcoming International ...
- InvestorPlace•last month
5 Great Dividend Stocks to Buy From the Tech Sector
When most investors hunt for dividend stocks, the technology sector is often not on their shopping list. The perception is that most technology firms need and are forced to plow every extra cent back into their businesses in order to fuel growth. As a result, tech stocks are seen as a strictly capital appreciation element for a portfolio.However, this isn't true at all. Tech stocks make for amazing dividend stocks.The reality is, that many firms in the tech sector are cash flow and profit machines. Thanks to surging revenues and high margins, mature tech firms simply mint money at this point. So much, in fact, that many have too much money sitting on their balance sheets. To rid themselves of that excess cash, many tech stocks have started paying some hefty dividends. And they have been growing those dividends by leaps and bounds too.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIn the end, when looking for dividend stocks, the technology sector should be the first stop for portfolios rather than an afterthought. But which tech stocks have what it takes to be considered good dividend stocks as well? * 7 High-Quality Cheap Stocks to Buy With $10 Here are five that are worthy of consideration. Cisco (CSCO)Source: Shutterstock Dividend Yield: 2.45%No list of dividend stocks in the tech sector can be written without the firm that started the modern trend of payouts from tech. We're talking about Cisco (NASDAQ:CSCO). CSCO started paying a token dividend back in 2011 and hasn't looked back, growing that payout by more than 480%. And it's easy to see why Cisco has become such a dividend stalwart.Sensing a slowdown in networking, router and physical equipment sales, CSCO started to pivot into more software and services. Cloud computing, cybersecurity and other such products have quickly become big-time money makers for the firm. Perhaps, more importantly, these sales come with higher margins, reoccurrence and the ability to add value/upsell networking transactions. "We just built you this massive network for your cloud operations. Would you like us to secure it as well?"Because of this, CSCO has become a cash flow giant. Last quarter alone, the firm managed to see a 16% jump in operating cash flows once adjusting to overseas taxes paid for the Tax Cuts and Jobs Act. Meanwhile, cash on CSCO's balance sheet has swelled to more than $34.6 billion.With sales of software/services continuing to rise, CSCO should be able to keep bringing in the cash for the long haul. Even better is that the growth in data centers and 5G networking is once again boosting equipment sales.At the end of the day, Cisco is one of the best dividend stocks to buy -- tech sector not. Seagate Technology (STX)Source: Shutterstock Dividend Yield: 5.75%Like previously mentioned Cisco, Seagate Technology (NASDAQ:STX) may seem like a relic from the dot-com days. However, STX has managed to see plenty of new life in recent years. The key is data center demand is making one heck of a dividend stock.For many years after the dot-com bust, STX struggled. The rise of mobile and tablet computing crimped PC sales. At the same time, flash-based solid-state drives (SSD) hit Seagate's platter-based hard disk drives (HDDs) right in the wallet. SSDs are faster, smaller, and more power-efficient. Manufacturers liked these facts and started favoring them in PCS and other devices. As a result, STX stocks stagnated and was looking like a lost cause.That is until cloud computing and data center demand started to take over.It turns out, those building out networks and data centers prefer capacity over speed. That makes HHDs much better suited for this application. Since Seagate dove into SSD production -- like rival Western Digital (NASDAQ:WDC) -- it's been able to reap the full benefits of this expansion. Year to date, STX has managed to produce $1.3 billion in cash flow from operations and $862 million in free cash flows from higher drive demand. * 6 Growth Stocks That Could Be the Next Big Thing And naturally, Seagate has been rewarding investors with that extra cash. Today, shares yield a tech-sector high 5.75%. Apple (AAPL)Source: Yuanbin Du Via FlickrDividend Yield: 1.58%225 billion.That's a big number. It also happens to be the amount of cash Apple (NASDAQ:AAPL) has on its balance sheet. This makes the consumer tech company one of the most cash-rich firms on the planet. That fact alone could make it a big buy. But the fact that Apple has quickly become one of the leading dividend stocks and continues to increase its buyback programs makes it a big buy right now.The key is that Apple has been able to use its vast cadre of devices to sell apps, music, movies and games. This helps Apple produce plenty of cash flows. Meanwhile, its shift into various services and other add-ons for its customers have only enhanced its cash flows further. So, even though AAPL has been handing out plenty of cash to investors, its over cash balance continues to hover over that $200 billion mark. Last year, Apple spent more than $74 billion on buybacks and raised its dividend by roughly 5.5%.With new devices hitting the markets and a focus on building out content for those devices, Apple should have no problem growing that cash balance far into the future. That should make dividend investors happy. And while there are some risks with revenue slowdowns and Chinese trade, that massive cash pile provides such a huge cushion to keep the dividend grow going.With that, Apple is still one of the best dividend stocks around. Equinix (EQIX)Source: Shutterstock Dividend Yield: 1.95%One of the biggest trends in tech continues to be the growth of cloud computing and mobile access. Any time you use an app to go shopping or check your bank balance, you're tapping into a data center far away. It turns out that's a very good business to be in. Just ask Equinix (NASDAQ:EQIX).EQIX is the world's largest owners of these data centers -- with more than 200 under its umbrella. The key is that EQIX doesn't actually own or really operate the centers, it's a real estate investment trust (REITs). That is, it owns the specialized buildings and rents space inside to firms to build their required computing needs. It's essentially an apartment building owner for computers.Given the continued surge in data center demand from e-commerce, cloud computing, and mobile operations, EQIX has been sitting pretty over the last few years. Revenues and funds from operations rose by 14% and 12%, respectively in the first quarter of the year. This continues the REITs string of strong performance. The FFO growth is of particular interest as this cash flow directly translates into how much money a REIT can hand back as dividends to its shareholders.On that front, EQIX has been a champion as well. The data center giant has paid plenty of special stock dividends to its shareholders and has managed to grow its cash payout by 45% since 2014. * 7 Dark Horse Stocks Winning the Race in 2019 With continued demand for data centers assured, EQIX is the best dividend stock to play tech's backbone. Shares currently yield 1.95%. First Trust NASDAQ Technology Dividend ETF (TDIV)Source: Shutterstock Dividend Yield: 2.97%Considering that this list didn't even touch such amazing tech dividend stocks like Oracle (NASDAQ:ORCL), Microsoft (NASDAQ:MSFT) or even Texas Instruments (NYSE:TXN), one approach could be to think broad. There are plenty of tech ETFs on the market, but only the First Trust NASDAQ Technology Dividend ETF (NYSEArca:TDIV) tackles the sector with a dividend approach.The $1 billion fund tracks an index that screens for tech stocks that have paid a regular or common dividend within the past 12 months and haven't cut the payout either. This provides exposure to all the top names in tech that pay dividends -- currently at 83 different stocks. This includes all the names on this list as well. That focus also throws off a surprising amount of income as well. Today, TDIV has an SEC 30-day yield of nearly 3%. That's' better than the S&P 500 and current yields on Treasury bonds.And as a total return component, TDIV has been top notch. Since its inception in 2012, the ETF has roughly doubled in share price and managed to produce an average annual return of around 12%. That's around the same as the S&P 500. The key is that TDIV has been less volatile than the broader index. Less volatile than all the tech stocks in the broader index as well. The secret is in the power of the dividends.All in all, for investors looking to score some hefty dividends from tech and take advantage of the sector's growth, TDIV could be the best way to capture those benefits.Disclosure: At the time of writing, Aaron Levitt did not have a position in any stock mentioned. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 High-Quality Cheap Stocks to Buy With $10 * 7 U.S. Stocks to Buy With Limited Trade War Exposure * 6 Growth Stocks That Could Be the Next Big Thing Compare Brokers The post 5 Great Dividend Stocks to Buy From the Tech Sector appeared first on InvestorPlace.
- Simply Wall St.•last month
Here's How We Evaluate Equinix, Inc. (REIT)'s (NASDAQ:EQIX) Dividend
Today we'll take a closer look at Equinix, Inc. (REIT) (NASDAQ:EQIX) from a dividend investor's perspective. Owning a...
- Insider Monkey•last month
Did Hedge Funds Drop The Ball On Equinix Inc (EQIX)?
The government requires hedge funds and wealthy investors that crossed the $100 million equity holdings threshold are required to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings level the playing field for ordinary investors. The latest round of 13F filings disclosed the […]
