EQIX - Equinix, Inc. (REIT)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
453.46
+3.25 (+0.72%)
At close: 4:00PM EDT
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Previous Close450.21
Open450.78
Bid0.00 x 900
Ask0.00 x 900
Day's Range446.72 - 454.18
52 Week Range335.29 - 467.99
Volume232,193
Avg. Volume515,093
Market Cap38.122B
Beta (3Y Monthly)0.94
PE Ratio (TTM)99.44
EPS (TTM)4.56
Earnings DateMay 1, 2019
Forward Dividend & Yield9.84 (2.32%)
Ex-Dividend Date2019-02-26
1y Target Est492.79
Trade prices are not sourced from all markets
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  • 5 Data Center Buys That Deliver Sizable Income
    InvestorPlace20 days ago

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    A real estate investment trust (REIT) is dedicated first to income. It is required to send 90% of earnings back to investors in the form of dividends. This means it's unusual to find a REIT that also offers capital gains. But I've found just such a place.Data Center REITs offer hosting, colocation and cloud on-ramps to enterprises and Internet Service Providers. They act as a sort of glue among the Cloud Czars, like Amazon (NASDAQ:AMZN) and Microsoft (NASDAQ:MSFT).If you do a Google search for something and then buy it on Amazon, the request and response likely went through a data center REIT. The data centers hosted by REITs aren't all cloud-based, but they usually require connections to clouds, and this is the best way to get them.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe colocation market alone continues to grow at 10% each year, driven by the needs of the Cloud Czars, according to Synergy Research. This was a $34 billion market last year.It's part of a larger trend in which the Cloud Czars are taking over the telecommunications market. * 10 Dangerous Dividend Stocks to Avoid If your portfolio seeks both income and capital gains, here's where you can find them in data center REITs. Equinix (EQIX)Source: Shutterstock Equinix (NASDAQ:EQIX) was founded in Redwood City, California in 1998 and has focused on global services almost since its inception. It has a market cap of $39 billion, and last year delivered $9.84 per share in dividends to its shareholders.To a current buyer that's a yield of just 2.16%. But five years ago, the stock was trading at $172 per share. It was trading April 4 at $465. If you bought some shares five years ago, the current dividend would give you a yield of 5.75%. Plus, there's that capital gain, almost 30% per year, doubling what you would have gotten from the average NASDAQ stock.This is key to successful income investing. Don't just focus on the current yield. Let time work for you. If you're on the right side of a trend, you are almost certain to prosper.Last year, Equinix had revenue of $5.09 billion, up from $2.44 billion in 2014, and it brought $365 million of that to the bottom line. The asset base has more than doubled, to $20.24 billion, and while there is $9.44 billion in debt on those assets, the debt-to-asset ratio has been improving.Equinix continues to grow its international footprint, most recently with a new Australian center. Its DC1 building in Virginia was the first large greenfield center to open, 20 years ago, back when such centers were mainly selling themselves as a way for corporations to speed data flows for things like video conferencing, or as alternatives to the Network Access Points (NAPs) that then dominated internet switching.Equinix is not a huge acquirer, its most recent buy being Metronode in 2017. But that means that other companies' shareholders aren't getting a big chunk of your gains and that the stock isn't being watered down with new shares.All this makes Equinix one of the best data center REITs to buy. Digital Realty Trust (DLR)Source: Shutterstock Digital Realty Trust (NYSE:DLR) was formed as a public company in 2004 out of 21 data centers acquired out of bankruptcy by GI Partners, a private equity firm. It now has 214 centers with 34.5 million square feet of rentable space in the U.S. and Europe.On April 4, it had a market cap of $26.75 billion, and last year delivered $4.32 per share in dividends to investors. That's a yield of 3.55%. Add a 19% one-year gain in the stock price and you get a total return of about 22%. Over the last five years, the stock is up 137%, and if you bought in 2014, when the price of the stock was about $60 per share, your current yield is about 7.2%.In 2018, Digital Realty had revenue of slightly over $3 billion, with net income of $341 million, meaning 11% of revenues became net income. The company's assets are worth over $23.7 billion, with $11.1 billion in debt, a slight improvement over 2014. Operating cash flow has also doubled.The company's biggest deal came in 2017, a $7.8 billion agreement to buy DuPont Fabros Technology. But the company quickly came back for more, buying Ascently, based in Brazil, last year for $1.8 billion. The company also broke ground last month for its third center in Singapore. * 10 Best Stocks for 2019: The Race Is On Brad Thomas of iREIT Investor notes that, while Digital Realty is an aggressive acquirer of data centers, it doesn't account for acquisitions aggressively, which means it's not stressing its balance sheet at the expense of the long term. Thomas calls Digital Realty's global footprint a big advantage, and its size let it carry $236 million of empty land in fast-growing northern Virginia on its balance sheet. Thirteen of the 25 analysts currently following DLR have it on their buy lists. CoreSite Realty (COR)Source: Todd Van Hoosear via Flickr (modified)CoreSite Realty (NYSE:COR) is much smaller than Equinix or Digital Realty, with a market cap of $5.3 billion. CoreSite was born from two "telecom hotels," as they were called then, in 2001, in San Francisco. It was then called CRG West, and the location was where Internet Service Providers hooked into phone networks, and where enterprises could go for big bandwidth.CoreSite went public in 2009, and then began expanding internationally, starting in London. Its early expansion was funded by the Carlyle Group, a private equity firm. They reduced their interest to about 29% in 2016.The small size of CoreSite Realty, relative to Digital Realty and Equinix, does give it some big advantages, in the form of capital gains. The shares are up 261% in the last five years, while dividends have tripled from 36 cents per share in 2014 to $1.10 now. That dividend yields a fat 4.4%.CoreSite is the right stock for you if you're mainly looking for exposure to the U.S. internet market. It is, like the other REITs, a great long-term holding. It's expected to raise the dividend again, to $1.29 per share, in May. It bills itself as offering "hybrid cloud solutions," with its close connections to big clouds like Amazon and Microsoft, and colocation services for enterprises building their own cloud systems. QTS Realty Trust (QTS)Source: Gothopotam via Flickr (Modified)Smaller market caps can deliver big gains, as CoreSite shows, but there are downsides. A strategic shift can take a stock down hard.QTS Realty Trust (NYSE:QTS) made that kind of shift in 2017, moving from managed services to being a "cloud on-ramp." The company insisted the new plan would mean big new opportunities, but these have taken time to develop, with repeated misses on earnings estimates taking a toll on the stock.QTS began life in Kansas, in 2003, expanded into Atlanta through a 2005 acquisition, and now has 25 data centers with 5.7 million square feet of rentable space. QTS went public in 2013 and has since doubled in price, while the dividend has also doubled to its current 44 cents. That represented a yield of 3.93% on April 4, and the company's market cap stood at $2.83%.QTS's earnings misses have the stock trading at just 7 times revenue, and if it does beat estimates when it reports in May, it could shoot up. Analysts are expecting 54 cents per share, after losing 2 cents per share in the last quarter. * 7 High-Risk Stocks With Big Potential Rewards All this makes QTS the most speculative of the data center REITs. There are opportunities here, both in the success of its strategy shift and its continuing weakness, which could make it a prize for a larger company. A single transaction can transform an investor's play from the weakest stock on the block to a big stake in one of the strongest. CyrusOne (CONE)Source: Shutterstock Like QTS Realty Trust, CyrusOne (NASDAQ:CONE) is an underperforming company that is said to be attractive to acquirers. But unlike QTS, where the weakness comes from its own strategic shifts, with CyrusOne the weakness comes from its history of being privately held.CyrusOne wasn't publicly traded until 2013. Founded in 2001, it was bought by private equity players ABRY Partners in 2007 and then by Cincinnati Bell, a small phone company, in 2010. It went public in 2013 and by 2015 Cincinnati Bell had sold out its stake.The company today has 45 data centers, mostly in the U.S., but it also has operations in Europe and Singapore. It expanded into Europe through the 2018 acquisition of Zenium for $442 million.CyrusOne stock has been weak since last September, falling 21% since issuing what was considered weak earnings guidance, $3.10 per share instead of the $3.50 expected. Because REITs must pay out 90% of earnings as dividends, this meant a significant dividend shortfall.A business that began with small warehouses in central cities, where phone exchanges interconnected, is now built on finding big parcels of empty land near where cloud giants intend to build. A modern data REIT must acquire land and build ahead of demand, competing with other REITs, private equity companies trying to build new REITs from scratch and the cloud owners themselves.It's the weakness of results, a dividend of 46 cents per share yielding 3.51%, that drove CyrusOne down. But it's that same weakness that now has some speculators betting it will be acquired, which keeps the price of the stock up.That's the way it is in the data center REIT business, where the only constant is growth and the clouds rule.Dana Blankenhorn is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family, 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 AMZN. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Stocks That Would Be Hurt By a Mexico/U.S. Border Closure * 7 A-Rated Healthcare Stocks for Industry Expansion * 10 Stocks That Every 30-Year-Old Should Buy and Hold Forever Compare Brokers The post 5 Data Center Buys That Deliver Sizable Income appeared first on InvestorPlace.

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    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 neutral * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output in this company's sector is expanding 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 | PositiveETF activity is positive. Over the last month, growth of ETFs holding EQIX is favorable, with net inflows of $12.39 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, but is accelerating. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. EQIX credit default swap spreads are within the middle of their range for the last three years.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.

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    This article is a part of InvestorPlace's Best ETFs for 2019 contest. Robert Waldo's pick for the contest is the Pacer Benchmark Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR).As of this writing, the Pacer Benchmark Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) is in the No.1 spot for our best ETFs for 2019 contest, up 20% year-to-date.All of the exchange-traded funds are in the green and it's a close race, with a tie for second place as I write this. But regardless of the success of other ETFs riding on SRVR's tail, I still believe this 5G ETF will come out on top at the end of the year.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe SRVR ETF is one of the best ETFs to buy this year because it's a well-rounded play on an upcoming trend that will affect how the world operates for years to come.I'm talking about 5G -- "the next generation of cellular connectivity" that will make the most exciting and futuristic tech ideas possible. To get an idea of how fast 5G is compared to 4G LTE, consider that 4G LTE's top speed is 1GB per second, while 5G will have a top speed of 20 GB per second -- a 2,000% increase! * 7 5G Stocks to Buy as the Race for Spectrum Tightens While these top speeds won't be obtained consistently, they still signify a significant leap in speed that will help make our hyper-connected, high-tech world operate much quicker and more efficiently. This 5G ETF Is Not Just About 5GBut as hype-worthy of a trend as 5G may be, that's not all that SRVR has going for it. In fact, part of my decision to pick this fund for our best ETFs contest was that it's a real estate investment trust (REIT) ETF. This means its holdings own data centers and fiber that are vital to the 5G rollout, but are also necessary for all of our current, general tech-related luxuries like the cloud.Without SRVR's holdings, our day-to-day, tech-obsessed lifestyle would be much different.And that's the key reason why it's one of the best ETFs to buy: Its holdings are necessary with or without the 5G catalyst, which makes it a safe, long-term play with significant growth potential.The companies that make up SRVR's top holdings, like American Tower Corp (NYSE:AMT) and Equinix Inc (NASDAQ:EQIX), provide the infrastructure that enables our current connectivity, but each of these will gain a significant boost as 5G is adopted in the years ahead and the need for more fiber, cell towers, etc., becomes a reality.Its design as a REIT ETF also means that it comes with a hefty 3.7% dividend yield, which will help provide steady income to investors as 5G expands over the years. And all this for an expense ratio of 0.6%.All of these perks add up to SRVR's current success as the best performing ETF in our contest right now. But no matter the end result, you can bet that this will be a strong 5G ETF to buy for many years.Robert Waldo is an Assitant Editor for InvestorPlace. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dual-Class Stocks That Will Outperform * 7 Reasons Why Apple Streaming Won't Move the Needle for Apple Stock * 7 A-Rated Stocks to Buy in the Second Quarter Compare Brokers The post Best ETFs for 2019: Pacer Data & Infrastructure Real Estate ETF Is a Leader appeared first on InvestorPlace.

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