Equinix Stock Forecast, Price & News

20 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Equinix in the last twelve months. There are currently 2 hold ratings, 17 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Equinix stock.
View analyst ratings for Equinix or view top-rated stocks.

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Equinix saw a decrease in short interest during the month of February. As of February 12th, there was short interest totaling 781,800 shares, a decrease of 20.6% from the January 28th total of 984,700 shares. Based on an average trading volume of 539,400 shares, the days-to-cover ratio is presently 1.4 days.
View Equinix's Short Interest.

Equinix is scheduled to release its next quarterly earnings announcement on Wednesday, May 5th 2021.
View our earnings forecast for Equinix.

Equinix, Inc. (REIT) (NASDAQ:EQIX) issued its earnings results on Tuesday, February, 9th. The financial services provider reported $0.57 earnings per share for the quarter, missing the Zacks' consensus estimate of $1.53 by $0.96. The financial services provider had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.56 billion. Equinix had a net margin of 7.58% and a trailing twelve-month return on equity of 4.62%. The business's quarterly revenue was up 10.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.46 EPS.
View Equinix's earnings history.

Equinix's stock was trading at $598.80 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, EQIX shares have increased by 8.3% and is now trading at $648.26.
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Equinix announced a quarterly dividend on Wednesday, February 10th. Stockholders of record on Wednesday, February 24th will be given a dividend of $2.87 per share on Wednesday, March 17th. This represents a $11.48 dividend on an annualized basis and a yield of 1.77%. The ex-dividend date is Tuesday, February 23rd. This is an increase from Equinix's previous quarterly dividend of $2.66.
View Equinix's dividend history.

Equinix pays an annual dividend of $11.48 per share and currently has a dividend yield of 1.77%. Equinix does not yet have a strock track record of dividend growth. The dividend payout ratio of Equinix is 50.33%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Equinix will have a dividend payout ratio of 46.90% next year. This indicates that Equinix will be able to sustain or increase its dividend.
View Equinix's dividend history.

Equinix issued an update on its FY21 earnings guidance on Wednesday, February, 10th. The company provided earnings per share (EPS) guidance of $26.72-27.28 for the period, compared to the Thomson Reuters consensus EPS estimate of $19.85. The company issued revenue guidance of $6.58-6.64 billion, compared to the consensus revenue estimate of $6.58 billion.

20 Wall Street analysts have issued 1 year price targets for Equinix's shares. Their forecasts range from $700.00 to $942.00. On average, they expect Equinix's stock price to reach $821.89 in the next year. This suggests a possible upside of 26.8% from the stock's current price.
View analysts' price targets for Equinix or view top-rated stocks among Wall Street analysts.

281 employees have rated Equinix CEO Charles Meyers on Glassdoor.com. Charles Meyers has an approval rating of 98% among Equinix's employees. This puts Charles Meyers in the top 20% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Equinix include Facebook (FB), SEA (SE), Twitter (TWTR), eBay (EBAY), CoStar Group (CSGP), VeriSign (VRSN), Akamai Technologies (AKAM), ANGI Homeservices (ANGI), J2 Global (JCOM), LivePerson (LPSN), SPS Commerce (SPSC), Envestnet (ENV), Stamps.com (STMP), Cornerstone OnDemand (CSOD) and Yelp (YELP).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Equinix investors own include NVIDIA (NVDA), salesforce.com (CRM), Alibaba Group (BABA), Mastercard (MA), American Tower (AMT), Intel (INTC), Johnson & Johnson (JNJ), Cisco Systems (CSCO), PayPal (PYPL) and The Walt Disney (DIS).

Equinix trades on the NASDAQ under the ticker symbol "EQIX."

Equinix's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.66%), Edgewood Management LLC (3.34%), FMR LLC (2.52%), Principal Financial Group Inc. (1.62%), Principal Financial Group Inc. (1.62%) and Northern Trust Corp (1.56%). Company insiders that own Equinix stock include Adaire Fox-Martin, Brandi Galvin Morandi, Camp Peter Van, Charles J Meyers, Christopher B Paisley, Gary Hromadko, Karl Strohmeyer, Keith D Taylor, Michael Earl Campbell, Nanci Caldwell, Sara Baack, Simon Miller and William K Luby.
View institutional ownership trends for Equinix.

EQIX stock was sold by a variety of institutional investors in the last quarter, including Daiwa Securities Group Inc., Nuveen Asset Management LLC, Sumitomo Mitsui Trust Holdings Inc., Russell Investments Group Ltd., Principal Financial Group Inc., Principal Financial Group Inc., Adelante Capital Management LLC, and UBS Asset Management Americas Inc.. Company insiders that have sold Equinix company stock in the last year include Adaire Fox-Martin, Brandi Galvin Morandi, Camp Peter Van, Charles J Meyers, Christopher B Paisley, Gary Hromadko, Karl Strohmeyer, Keith D Taylor, Michael Earl Campbell, Nanci Caldwell, Sara Baack, and Simon Miller.
View insider buying and selling activity for Equinix or view top insider-selling stocks.

EQIX stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Morgan Stanley, Healthcare of Ontario Pension Plan Trust Fund, Swedbank, Janus Henderson Group PLC, BlackRock Inc., Price T Rowe Associates Inc. MD, and Winslow Capital Management LLC.
View insider buying and selling activity for Equinix or or view top insider-buying stocks.

Shares of EQIX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of EQIX stock can currently be purchased for approximately $648.26.

Equinix has a market capitalization of $57.88 billion and generates $5.56 billion in revenue each year. The financial services provider earns $507.45 million in net income (profit) each year or $22.81 on an earnings per share basis.

Equinix employs 9,638 workers across the globe.

The official website for Equinix is www.equinix.com.

Equinix is headquartered at ONE LAGOON DRIVE, REDWOOD CITY CA, 94065.

Equinix's mailing address is ONE LAGOON DRIVE, REDWOOD CITY CA, 94065. The financial services provider can be reached via phone at 650-598-6000 or via email at [email protected]