Equinix Stock Forecast, Price & News

Equinix's stock was trading at $598.80 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, EQIX stock has increased by 19.8% and is now trading at $717.12.
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21 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Equinix in the last year. There are currently 2 hold ratings, 18 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Equinix stock.
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Equinix is scheduled to release its next quarterly earnings announcement on Wednesday, February 10th 2021.
View our earnings forecast for Equinix.

Equinix will be holding an earnings conference call on Wednesday, February 10th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Equinix, Inc. (REIT) (NASDAQ:EQIX) posted its earnings results on Wednesday, October, 28th. The financial services provider reported $0.74 earnings per share for the quarter, missing the Zacks' consensus estimate of $5.45 by $4.71. Equinix had a return on equity of 4.62% and a net margin of 7.58%.
View Equinix's earnings history.

Equinix announced a quarterly dividend on Wednesday, October 28th. Shareholders of record on Wednesday, November 18th will be paid a dividend of $2.66 per share on Wednesday, December 9th. This represents a $10.64 dividend on an annualized basis and a dividend yield of 1.48%. The ex-dividend date is Tuesday, November 17th.
View Equinix's dividend history.

Equinix pays an annual dividend of $10.64 per share and currently has a dividend yield of 1.50%. The dividend payout ratio of Equinix is 46.65%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Equinix will have a dividend payout ratio of 43.46% next year. This indicates that Equinix will be able to sustain or increase its dividend.
View Equinix's dividend history.

Equinix updated its FY20 earnings guidance on Wednesday, October, 28th. The company provided earnings per share (EPS) guidance of $24.38-24.61 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $16.79. The company issued revenue guidance of $5.983-6.003 billion, compared to the consensus revenue estimate of $5.97 billion.

21 equities research analysts have issued 1 year target prices for Equinix's shares. Their forecasts range from $695.00 to $883.00. On average, they anticipate Equinix's share price to reach $804.45 in the next twelve months. This suggests a possible upside of 12.2% from the stock's current price.
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Equinix saw a increase in short interest during the month of December. As of December 31st, there was short interest totaling 1,070,000 shares, an increase of 43.3% from the December 15th total of 746,500 shares. Based on an average daily volume of 471,700 shares, the days-to-cover ratio is presently 2.3 days.
View Equinix's Short Interest.

Some companies that are related to Equinix include Facebook (FB), SEA (SE), eBay (EBAY), Twitter (TWTR), CoStar Group (CSGP), VeriSign (VRSN), Akamai Technologies (AKAM), ANGI Homeservices (ANGI), Envestnet (ENV), J2 Global (JCOM), LivePerson (LPSN), Stamps.com (STMP), SPS Commerce (SPSC), Cornerstone OnDemand (CSOD) and Cimpress (CMPR).
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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 a number of retail and institutional investors. Top institutional investors include Douglas Lane & Associates LLC (0.15%), Barton Investment Management (0.05%), State of Alaska Department of Revenue (0.04%), Huntington National Bank (0.02%), Wedge Capital Management L L P NC (0.01%) and IFM Investors Pty Ltd (0.01%). 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 Douglas Lane & Associates LLC, Crossmark Global Holdings Inc., Granite Investment Advisors LLC, State of Alaska Department of Revenue, Diversified Trust Co, First Hawaiian Bank, Barton Investment Management, and NuWave Investment Management LLC. Company insiders that have sold Equinix company stock in the last year include Adaire Fox-Martin, Brandi Galvin Morandi, 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 Wedge Capital Management L L P NC, Bath Savings Trust Co, IFM Investors Pty Ltd, Louisiana State Employees Retirement System, Global Retirement Partners LLC, James Hambro & Partners, Raymond James Trust N.A., and Redpoint Investment Management Pty Ltd.
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.

One share of EQIX stock can currently be purchased for approximately $717.12.

Equinix has a market capitalization of $63.90 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 8,378 workers across the globe.

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

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]