EQIX - Equinix, Inc. (REIT)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
554.42
+2.32 (+0.42%)
At close: 4:00PM EDT

554.42 -0.00 (-0.00%)
After hours: 4:00PM EDT

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Previous Close552.10
Open551.64
Bid450.01 x 800
Ask554.63 x 800
Day's Range547.62 - 558.43
52 Week Range335.29 - 558.43
Volume243,400
Avg. Volume370,759
Market Cap47.025B
Beta (3Y Monthly)0.68
PE Ratio (TTM)91.69
EPS (TTM)6.05
Earnings DateOct 30, 2019 - Nov 4, 2019
Forward Dividend & Yield9.84 (1.78%)
Ex-Dividend Date2019-08-20
1y Target Est559.18
Trade prices are not sourced from all markets
  • Equinix Could Display Sideways Action Over the Next Few Weeks
    TheStreet.com

    Equinix Could Display Sideways Action Over the Next Few Weeks

    In the second Executive Decision segment of "Mad Money" Wednesday, Jim Cramer spoke with Charles Meyers, president and CEO of Equinix Inc. , a data center provider with shares up 56% so far in 2019. When asked about the economic environment, Meyers said Equinix is not seeing any impact from tariffs, trade or the yield curve inverting. Let's visit with the charts and indicators to round out the analysis of Equinix.

  • Here's Why You Should Hold Digital Realty (DLR) Stock Now
    Zacks

    Here's Why You Should Hold Digital Realty (DLR) Stock Now

    Though data-center demand surge will fuel Digital Realty's (DLR) growth, with the company also being well poised to bank on accretive buyouts and development moves, pricing pressure will linger.

  • Iron Mountain Expands in Phoenix With New Data-Center Facility
    Zacks

    Iron Mountain Expands in Phoenix With New Data-Center Facility

    Iron Mountain's (IRM) expansion of Phoenix data-center campus is a strategic fit as it is one of the largest data-center markets in the nation, enjoying lower costs and minimal natural disasters risk.

  • There's A Lot To Like About Equinix, Inc. (REIT)'s (NASDAQ:EQIX) Upcoming 0.5% Dividend
    Simply Wall St.

    There's A Lot To Like About Equinix, Inc. (REIT)'s (NASDAQ:EQIX) Upcoming 0.5% Dividend

    Equinix, Inc. (REIT) (NASDAQ:EQIX) stock is about to trade ex-dividend in 4 days time. You can purchase shares before...

  • Digital Realty (DLR) Enhances IBM Cloud Capabilities in Sydney
    Zacks

    Digital Realty (DLR) Enhances IBM Cloud Capabilities in Sydney

    Digital Realty's (DLR) expansion of IBM Cloud's Direct Link access and capabilities in Sydney likely to speed up the hybrid cloud adoption for local enterprises.

  • 21 S&P 500 Stocks Hit Highs And Pay Big Dividends, Too
    Investor's Business Daily

    21 S&P 500 Stocks Hit Highs And Pay Big Dividends, Too

    Some investors love big S&P; 500 dividend stocks — especially when markets are wavering like they are now. Others like big stock gains. Why not get both?

  • Top Stock Reports: Disney, Eli Lilly, ADP & More
    Zacks

    Top Stock Reports: Disney, Eli Lilly, ADP & More

    Top Stock Reports: Disney, Eli Lilly, ADP & More

  • Equinix Turns In Another Good Quarter and Raises Guidance Again
    Motley Fool

    Equinix Turns In Another Good Quarter and Raises Guidance Again

    In the second quarter, the world's largest operator of data centers grew revenue and AFFO per share by 10% and 9%, respectively, year over year.

  • Investing In Property Through Equinix, Inc. (REIT) (NASDAQ:EQIX)
    Simply Wall St.

    Investing In Property Through Equinix, Inc. (REIT) (NASDAQ:EQIX)

    Equinix, Inc. (REIT) is a US$44b large-cap, real estate investment trust (REIT) based in Redwood City, United States...

  • MEDIA ALERT: Equinix to Speak at Upcoming Investor Conferences
    PR Newswire

    MEDIA ALERT: Equinix to Speak at Upcoming Investor Conferences

    REDWOOD CITY, Calif. , Aug. 2, 2019 /PRNewswire/ --  Equinix, Inc. (Nasdaq: EQIX), the global interconnection  and data center company, today announced that its executives will attend two upcoming investor ...

  • Equinix's (EQIX) Q2 FFO Surpasses, Revenues Lag Estimates
    Zacks

    Equinix's (EQIX) Q2 FFO Surpasses, Revenues Lag Estimates

    Year-over-year revenue growth across Equinix's (EQIX) Americas, EMEA and the Asia-Pacific portfolios buoy the company's Q2 results.

  • Equinix Inc (EQIX) Q2 2019 Earnings Call Transcript
    Motley Fool

    Equinix Inc (EQIX) Q2 2019 Earnings Call Transcript

    EQIX earnings call for the period ending July 30, 2019.

  • Equinix Declares Quarterly Dividend on Its Common Stock
    PR Newswire

    Equinix Declares Quarterly Dividend on Its Common Stock

    REDWOOD CITY, Calif., July 31, 2019 /PRNewswire/ -- Equinix, Inc. (EQIX), the global interconnection and data center company, today announced that its board of directors has declared a quarterly cash dividend of $2.46 per share on its common stock. Equinix, Inc. (EQIX) connects the world's leading businesses to their customers, employees and partners inside the most-interconnected data centers. This press release contains forward-looking statements that involve risks and uncertainties.

  • Equinix Reports Second Quarter 2019 Results
    PR Newswire

    Equinix Reports Second Quarter 2019 Results

    Interconnection and Data Center Leader Delivers 66th Consecutive Quarter of Revenue Growth and Raises Guidance Across All Key Operating Metrics REDWOOD CITY, Calif. , July 31, 2019 /PRNewswire/ -- Quarterly ...

  • Blockchain.com Enters Crypto Trading With New London-Based Exchange
    Bloomberg

    Blockchain.com Enters Crypto Trading With New London-Based Exchange

    (Bloomberg) -- Blockchain.com, which has created more than 40 million digital-asset wallets, is moving into the trading side of cryptocurrencies with a new exchange.The Pit, a London-based marketplace, will offer Bitcoin, Ether, Bitcoin Cash, Tether, Litecoin and Paxos. Customers can deposit funds immediately, with trading beginning soon. The idea came from the the boom-and-bust cycle of 2017 and 2018, when exchange performance was spotty at best, Blockchain.com Chief Executive Officer Peter Smith said in an interview.“After that cycle we stepped back and said, ‘What do we need to do differently next time?’ That’s when you start reinvesting,” Smith said. “We wanted to build a Wall Street or a Chicago-level matching engine,” he said, referring to software that pairs buyers and sellers.Exchanges for the $248 billion cryptocurrency market have a woeful record of hacks, thefts, fraud and mismanagement stretching to 2014 when 850,000 Bitcoins were stolen from Mt. Gox, the largest Bitcoin site at the time. Services to keep digital coins safe, known as custody, have been slow to develop.The Pit will execute orders in under 50 microseconds, compared with 200 to 500 milliseconds at most crypto exchanges, Smith said. He declined to identify any banks working with Blockchain.com, saying only that lenders will allow customers to deposit U.S. dollars, euros and British pounds on to the exchange.New Crypto Exchanges Don’t Want (to Hold) Your Money: QuickTakeThe exchange’s servers will reside in the Equinix LD4 facility in London, allowing connections to most of the world’s largest banks and investors.To help build the market, Blockchain.com brought in Nicole Sherrod as head of trading products. She spent more than 20 years in online brokerages and helped build the Think or Swim trading system at TD Ameritrade Holding Corp.“I thought I was retired,” Sherrod said in an interview. Then, looking at the crypto marketplace, “I realized there was a tremendous opportunity to do work there.”Sherrod said she watched as order books dried up and market-makers stepped away during the intensely volatile markets of 2017 when “reliability was a big issue, and then liquidity.” Since then, there hasn’t been much news about digital exchanges improving their systems and robustness, she said.Blockchain.com claims that 25% of all Bitcoin transactions originate with one of its wallets. The company will encourage users to keep their digital coins in their wallets rather than on the exchange, Smith said.“The promise of crypto is direct bearer assets” that form “the basis of a self-sovereign economy,” Smith said. The exchange is “an investment in the future of the crypto market.”To contact the reporter on this story: Matthew Leising in Los Angeles at mleising@bloomberg.netTo contact the editors responsible for this story: Michael J. Moore at mmoore55@bloomberg.net, Dan Reichl, David ScheerFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Factors Setting the Tone for Equinix (EQIX) in Q2 Earnings
    Zacks

    Factors Setting the Tone for Equinix (EQIX) in Q2 Earnings

    While efforts to fortify inter-connection services and networks business will aid Equinix's (EQIX) Q2 earnings, declining average price per cabinet highlights its vulnerability to pricing pressure.

  • Bloomberg

    Protest Breaches Threaten Hong Kong’s Digital Hopes

    (Bloomberg Opinion) -- Hong Kong’s ambitions to be an international data-center hub are a potential casualty of the city’s mass protests. Privacy breaches stemming from a summer of clashes between demonstrators and police threaten to erode confidence in the city as a base for foreign companies to set up storage facilities. To alleviate concerns, the government needs to improve security and regulation in the handling of sensitive data.Last month, dozens of protesters were arrested after being treated in the emergency ward of a public hospital following battles with riot police. The city’s Hospital Authority subsequently denied leaking patient data – despite the discovery of an internal document labeled “for police” that listed names of protesters seeking medical treatment, according to the South China Morning Post. At around the same time, the personal information of more than 800 police officers was hacked and released online.Data centers are a fast-growing market, valued at $31 billion globally in 2017 and forecast by Zion Market Research to grow 14% annually to reach $105 billion by 2026. In Hong Kong, total revenue for data centers is expected to reach $1 billion this year, with three firms sharing 55% of the market: Japan’s NTT Communications Corp.; Sunevision Holdings Ltd., a unit of local developer Sun Hung Kai Properties Ltd.; and Silicon Valley-based Equinix Inc.The Hong Kong government has targeted the industry for growth, and the city has many advantages that make it an attractive location. The former British colony has a common-law legal system that’s recognized and trusted across the Western world, and its data-privacy laws are among the strictest in Asia. In addition, Hong Kong sits at the mouth of the Greater Bay Area, a grouping of 11 cities with a population of 69 million and annual GDP of $1.5 trillion that China plans to develop into an economic bloc. For multinationals, storing data in Hong Kong bypasses red tape and potential legal minefields in mainland China.Besides its legal system and geographic position, Hong Kong is well equipped with a highly reliable power supply – averaging only 1.5 minutes of unplanned power outages per year, according to one of the city’s two main electricity providers. This compares with 17 to 28 minutes in other major cities such as New York, Sydney and London. Consistent power enables strong broadband capacity and an established fiber-optic network. Another boast is Hong Kong’s low latency transfer in cloud computing – the speed at which information travels from place to place.The government has supported construction of data centers, by offering large financial incentives for companies to set up shop and specifying three locations to build such facilities. Unlike technology hubs such as Silicon Valley, these locations were intentionally set aside to accommodate the sector – no small feat, considering the diminishing supply of available land. Last year, Sunevision bought the last designated plot with a winning bid of $697 million – 45% higher than the estimate of Colliers International Group Inc., the South China Morning Post reported.The sale highlighted the perceived growth prospects for Hong Kong's data-center business. Companies such as Nvidia Corp. and Digital Realty Trust Inc. are also eyeing Hong Kong for expansion opportunities (though the city’s land shortages and red-hot property market may make that easier said than done).These advantages may count for little unless the government sustains confidence in the ability and willingness of authorities to protect data privacy. The leaking by hospitals of protesters’ identities – an apparently blatant privacy breach – caused widespread unease. In the case of the police hack, eight people were eventually charged with dishonest intent and criminal destruction. Still, the ease with which the intrusion took place shocked politicians and the public. Fears of further breaches could scare businesses away.Hong Kong needs to strengthen its data-security laws or risk international companies abandoning the city for more privacy-oriented locations, according to Padraig Walsh, a partner at legal firm Tanner De Witt who focuses on fintech and data privacy. Having been in the vanguard when it passed the Personal Data (Privacy) Ordinance in 1996, Hong Kong has been overtaken by jurisdictions such as the European Union, which adopted its General Data Protection Regulation in 2017, Walsh said.To remain competitive, the government should consider amending the Hong Kong ordinance to require data users to report breaches and to give the Privacy Commissioner stronger enforcement powers. Singapore will update its privacy laws next year, according to Walsh. If Hong Kong doesn’t adapt, companies will go elsewhere.(Ronald W. Chan and his firm, Chartwell Capital, do not hold positions in the  companies he writes about for Bloomberg Opinion.)To contact the author of this story: Ronald W. Chan at chartwellhk@bloomberg.netTo contact the editor responsible for this story: Matthew Brooker at mbrooker1@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Ronald W. Chan is the founder and CIO of Chartwell Capital in Hong Kong. He is the author of “The Value Investors” and “Behind the Berkshire Hathaway Curtain.”For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Equinix to Offer Enhanced Cloud Connectivity with Amazon Web Services
    PR Newswire

    Equinix to Offer Enhanced Cloud Connectivity with Amazon Web Services

    Faster Connection Capacities Help Accelerate Enterprise Cloud Transformations REDWOOD CITY, Calif. , July 23, 2019 /PRNewswire/ --  Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center ...

  • Equinix Opens Eleventh Data Center in Tokyo - Its Largest to Date in Japan
    PR Newswire

    Equinix Opens Eleventh Data Center in Tokyo - Its Largest to Date in Japan

    REDWOOD CITY, Calif., July 22, 2019 /PRNewswire/ -- Equinix, Inc. (EQIX), the global interconnection and data center company, today announced the opening of its eleventh International Business Exchange™ (IBX®) data center in Tokyo, Japan, named TY11, as part of the company's ongoing commitment to expanding its global footprint. Upon completion of the planned future phases, the facility is expected to provide a total capacity of more than 3,500 cabinets and colocation space of more than 153,800 square feet (approximately 14,300 square meters), becoming the largest IBX data center to date in Japan.

  • DISA extends deadline for market research into JEDI’s fiber network
    American City Business Journals

    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.

  • Digital Realty Eyes Expansion in Europe With Paris Land Buyout
    Zacks

    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.

  • Why Equinix Stock Rocketed 43% in the First Half of 2019
    Motley Fool

    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

    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

    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

    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 ...