EQIX - Equinix, Inc. (REIT)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
581.71
+15.26 (+2.69%)
At close: 4:00PM EDT
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Previous Close566.45
Open575.03
Bid0.00 x 800
Ask581.81 x 800
Day's Range569.83 - 609.97
52 Week Range335.29 - 609.97
Volume695,729
Avg. Volume391,210
Market Cap49.34B
Beta (3Y Monthly)0.61
PE Ratio (TTM)96.20
EPS (TTM)6.05
Earnings DateOct 30, 2019 - Nov 4, 2019
Forward Dividend & Yield9.84 (1.73%)
Ex-Dividend Date2019-08-20
1y Target Est565.96
Trade prices are not sourced from all markets
  • Equinix Appoints Justin Dustzadeh as Chief Technology Officer
    PR Newswire

    Equinix Appoints Justin Dustzadeh as Chief Technology Officer

    REDWOOD CITY, Calif., Sept. 23, 2019 /PRNewswire/ -- Equinix, Inc. (EQIX), the global interconnection and data center company, today announced the appointment of Justin Dustzadeh as Chief Technology Officer (CTO). In this role, Dustzadeh is responsible for developing a technology roadmap to support the company's broader platform strategy, leading the next-generation technology and innovation function, and contributing to the company's ongoing leadership in the cloud ecosystem. Dustzadeh joins Equinix from Uber, where he was the Head of Global Network & Software Platform.

  • Equinix Expands Oracle Cloud Infrastructure's Global Access
    Zacks

    Equinix Expands Oracle Cloud Infrastructure's Global Access

    Equinix (EQIX) enhances global reach of Oracle Cloud Infrastructure across five continents, which will provide mutual customers direct connection to Oracle Cloud on Platform Equinix.

  • Equinix Extends Global Reach of Oracle Cloud Infrastructure
    PR Newswire

    Equinix Extends Global Reach of Oracle Cloud Infrastructure

    REDWOOD CITY, Calif., Sept. 18, 2019 /PRNewswire/ -- Equinix, Inc. (EQIX), the global interconnection and data center company, today announced it has extended the global reach of Oracle Cloud Infrastructure to help enterprises across five continents easily and privately connect to Oracle Cloud on Platform Equinix®. Recent global market expansions in São Paulo, Sydney, Tokyo, Toronto and Zurich now provide customers in these metros with private and highly secure connectivity to Oracle Cloud Infrastructure FastConnect via Equinix Cloud Exchange Fabric™ (ECX Fabric™).

  • Digital Realty Reports $1.4B Data-Center Portfolio Trades
    Zacks

    Digital Realty Reports $1.4B Data-Center Portfolio Trades

    Digital Realty (DLR) forms JV with an entity jointly owned by Mapletree Investments and Mapletree Industrial Trust for three data centers. Also, by selling 10 facilities, it will shrink asset base.

  • 5 Great Dividend Stocks to Buy From the Tech Sector
    InvestorPlace

    5 Great Dividend Stocks to Buy From the Tech Sector

    [Editor's note: "5 Great Dividend Stocks to Buy From the Tech Sector" was previously published in June 2019. It has since been updated to include the most relevant information available.]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.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe 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.In 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 Momentum Stocks to Buy On the Dip Here are five that are worthy of consideration. Cisco (CSCO)Source: Shutterstock Dividend Yield: 2.8%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.In fiscal Q3 alone, the firm managed to generate 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 or not. Seagate Technology (STX)Source: Shutterstock Dividend Yield: 4.5%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. In fiscal 2019, STX managed to produce $1.8 billion in cash flow from operations and $1.8 billion of free cash flows from higher drive demand. * 7 Momentum Stocks to Buy On the Dip And naturally, Seagate has been rewarding investors with that extra cash. Today, shares yield a tech-sector high 4.5%. Apple (AAPL)Source: Yuanbin Du Via FlickrDividend Yield: 1.4%$95 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 to buy. Equinix (EQIX)Source: Shutterstock Dividend Yield: 1.8%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. In Q2, its net income jumped 22% versus Q1. This continues the REIT's string of strong performance.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 Momentum Stocks to Buy On the Dip With continued demand for data centers assured, EQIX is the best dividend stock to play tech's backbone. Shares currently yield 1.8%. First Trust NASDAQ Technology Dividend ETF (TDIV)Source: Shutterstock Dividend Yield: 2.4%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 92 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 3.17%. 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 * 2 Toxic Pot Stocks You Should Avoid * 7 Momentum Stocks to Buy On the Dip * 7 Dow Titans Breaking Higher * 5 Growth Stocks to Sell as Rates Move Higher The post 5 Great Dividend Stocks to Buy From the Tech Sector appeared first on InvestorPlace.

  • Iron Mountain Boosts Data-Center Capacity to Expand In Europe
    Zacks

    Iron Mountain Boosts Data-Center Capacity to Expand In Europe

    Iron Mountain's (IRM) latest addition of nearly four megawatts of turn-key data-center capacity in Amsterdam and London to help the company bank on the growing data-center demand.

  • Digital Realty Banks on London Tech Boom, Opens New Facility
    Zacks

    Digital Realty Banks on London Tech Boom, Opens New Facility

    Digital Realty's (DLR) latest facility launch comes as part of the company's effort to capitalize on the multibillion-pound technology boom that London is set to experience marching ahead.

  • Alibaba Stock Will Be Just Fine Without Jack Ma
    InvestorPlace

    Alibaba Stock Will Be Just Fine Without Jack Ma

    Jack Ma retired on September 10 as executive chairman of Alibaba Group (NASDAQ:BABA) to become Bill Gates. (Or, maybe, Andrew Carnegie.)Source: zhu difeng / Shutterstock.com The Microsoft (NASDAQ:MSFT) co-founder retired at age 58 to become a full-time philanthropist and student of the world. Carnegie eventually gave away his entire fortune, worth $76 billion in 2019 dollars. Ma is retiring at age 55, he says to become a teacher.After building a company many liken to Jeff Bezos' Amazon.Com (NASDAQ:AMZN), Ma leaves a company at a crossroads under his chosen successor, Daniel Zhang.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe crossroads is between China and the world. Its way forward is the cloud. Alibaba GlobalAlibaba's base of China suffers from a depreciating currency, which the government is being forced to prop up. It's the primary victim of the Trump trade war, which is slowing growth. * 7 Best Stocks That Crushed It This Earnings Season But BABA has a way out. Alibaba's cloud, launched in 2009, is going global rapidly. It's expanding into Europe and dominating in Asia where it has a 19% marketshare, eclipsing even Amazon, with services in 15 different regions.Among Alibaba's latest partners is Equinix (NASDAQ:EQIX), a $46 billion cloud landlord whose shares are up 53% so far in 2019. Alibaba is now providing services in the U.S. through alliances with companies like Fortinet (NASDAQ:FTNT), privately-held WordPress and International Business Machine's (NYSE:IBM) Red Hat unit.While Amazon offers infrastructure and Microsoft offers a platform, Alibaba is providing a full application stack, including financial and database applications. Its targets aren't just big enterprises, but small businesses for which it will take their entire data and computing budget as they grow.Zhang now says cloud will be "Alibaba's main business in the future." That's a real change for Zhang. His first Alibaba strategy was known as "New Retail." He bought supermarkets and shopping centers, making the company look more like Walmart (NYSE:WMT) to the average Chinese consumer. Alibaba NumbersEven having delayed its Hong Kong offering due to the continuing crisis there, Alibaba is the 7th most valuable company in the world by market cap. It trails only the five U.S. "Cloud Czars" and Berkshire Hathaway (NYSE:BRK.A).After a rough May, the shares are still up nearly 30% on the year. They carry a price to earnings multiple of 50 and bring about 23% of revenue to the net income line. For its first fiscal quarter, reported in August, Alibaba had net income of nearly $2.8 billion, $1.17 per share, on revenue of $16.7 billion. That's a net income gain of 146% on just 42% more revenue.Cloud revenue was up 66%, while core commerce revenue was up just 44%, with much of that coming from logistics and consumer services. The numbers sent the stock up 11.6% over the last month, despite continuing tensions. The Bottom Line for BABA StockMa's retirement and birthday ceremony was held in the football stadium of his hometown. There he said he hopes to engage in projects that avoid any connection to politics. * 10 Stocks to Sell in Market-Cursed September But he's too big for that. That may also be true for Alibaba, and that's the only cloud on its horizon.Dana Blankenhorn is a financial and technology journalist. He is the author of the environmental story, Bridget O'Flynn and the Bear, available 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 BABA, MSFT and AMZN. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Sell in Market-Cursed September * 7 of the Worst IPO Stocks in 2019 * 7 Best Stocks That Crushed It This Earnings Season The post Alibaba Stock Will Be Just Fine Without Jack Ma appeared first on InvestorPlace.

  • Investors Who Bought Equinix (REIT) (NASDAQ:EQIX) Shares Five Years Ago Are Now Up 157%
    Simply Wall St.

    Investors Who Bought Equinix (REIT) (NASDAQ:EQIX) Shares Five Years Ago Are Now Up 157%

    When you buy a stock there is always a possibility that it could drop 100%. But on a lighter note, a good company can...

  • Top REIT ETFs: 5G, Cloud Computing & E-Commerce
    Zacks

    Top REIT ETFs: 5G, Cloud Computing & E-Commerce

    Real Estate is among the top performing sectors this year and some specialized REIT ETFs have done much better.

  • Why Equinix Stock Jumped 11% in August
    Motley Fool

    Why Equinix Stock Jumped 11% in August

    This REIT benefited from investors' flight to dividend stocks and the release of its second-quarter results.

  • Equinix Recognized by EPA for Leading Green Power Use
    PR Newswire

    Equinix Recognized by EPA for Leading Green Power Use

    Ranks 4th on EPA's Top 30 List of Tech & Telecom Green Power Users Ranks 4th on National Top 100 List of Green Power Users REDWOOD CITY, Calif. , Sept. 6, 2019 /PRNewswire/ --  Equinix, Inc. (Nasdaq: EQIX), ...

  • GuruFocus.com

    Equinix Inc (EQIX) CEO and President Charles J Meyers Sold $1.1 million of Shares

    CEO and President of Equinix Inc (30-Year Financial, Insider Trades) Charles J Meyers (insider trades) sold 1,928 shares of EQIX on 09/04/2019 at an average price of $558.57 a share. Continue reading...

  • Real Estate Tops YTD: 5 Best ETFs & Stocks
    Zacks

    Real Estate Tops YTD: 5 Best ETFs & Stocks

    Given the bullish fundamentals, investors might want to tap the space with the top-performing real estate ETFs and stocks of this year so far.

  • Thomson Reuters StreetEvents

    Edited Transcript of EQIX earnings conference call or presentation 31-Jul-19 9:30pm GMT

    Q2 2019 Equinix Inc Earnings Call

  • Equinix (EQIX) to Offer Colocation Services for VMware Cloud
    Zacks

    Equinix (EQIX) to Offer Colocation Services for VMware Cloud

    Equinix (EQIX) and VMware expand partnership to develop solutions that will help firms accelerate hybrid cloud transformations.

  • Equinix and VMware Partner to Accelerate Enterprise Hybrid Cloud Transformations
    PR Newswire

    Equinix and VMware Partner to Accelerate Enterprise Hybrid Cloud Transformations

    VMware Supports Equinix as Global Colocation Provider for VMware Cloud on Dell EMC REDWOOD CITY, Calif. , Aug. 26, 2019 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection  and data ...

  • 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.