Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today reported results for the quarter and year ended December 31, 2019. Jun 29, … So Equinix is, basically, growing and getting financially stronger at the same time. From a marijuana industry REIT to more traditional ones, all of these delivered great returns last year, and are yielding up to 4.8%.The data center and networking connection center manager quietly smashed each one of Wall Street's earnings targets in 2019.Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Source: FactSet FundamentalsEquinix, Inc. engages in the provision of collocation space and develops data centre solutions. In the last year. Those capital investments add up to nearly $2 billion in growth spending. 3 stock analysts on Stockchase covered Equinix, Inc. The latest closing stock price for Equinix as of July 28, 2020 is 752.53. High institutional ownership can be a signal of strong market trust in this company.The P/E ratio of Equinix is 130.97, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.75.
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. Some of the gain in 2019 is likely related to a bounce back from that drop. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.Earnings for Equinix are expected to grow by 11.97% in the coming year, from $21.55 to $24.13 per share.Equinix updated its FY 2020After-Hours earnings guidance on Wednesday, July, 29th. See what's happening in the market right now with MarketBeat's real-time news feed. ET by Tomi Kilgore Equinix downgraded to market perform from strong buy at Raymond James Jul 2, 2020. Find the latest Equinix, Inc. (EQIX) stock quote, history, news and other vital information to help you with your stock trading and investing. Equinix, Inc. Common Stock REIT (EQIX) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. Find the latest dividend history for Equinix, Inc. Common Stock REIT (EQIX) at Nasdaq.com. View which stocks are hot on social media with MarketBeat's trending stocks report.93.48% of the stock of Equinix is held by institutions. The company provided earnings per share guidance of 23.87-24.67 for the period. Since then, EQIX stock has increased by 23.0% and is now trading at $736.69. 1 market position should help it benefit from unprecedented data center demand.EQIX earnings call for the period ending June 30, 2020.The Company provides network neutral colocation, interconnection, and managed IT infrastructure services to enterprises, content companies, systems integrators, and network providers in the United States and Asia-Pacific.EQIX earnings call for the period ending March 31, 2019.This REIT benefited from investors' flight to dividend stocks and the release of its second-quarter results.EQIX earnings call for the period ending July 30, 2019.Don't think much of the IoT? Get short term trading ideas from the MarketBeat Idea Engine. Specifically, they have bought $0.00 in company stock and sold $3,605,292.00 in company stock.Identify stocks that meet your criteria using seven unique stock screeners. Learn about financial terms, types of investments, trading strategies and more.The dividend payout ratio of Equinix is 46.65%. Why Equinix Stock Has Soared in 2020. "Receive a free world-class investing education from MarketBeat.
The rest is simply a testament to the continued progress the REIT is making in serving an increasingly important market niche.Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services.Stock Advisor launched in February of 2002. Jun 29, …