If You Invested $10,000 In Equinix 5 Years Ago, Here's How Much You Would Be Making In Dividends Today
Portfolio Pulse from Ethan Roberts
Equinix Inc. (NASDAQ:EQIX), a specialized data center REIT, has demonstrated impressive five-year dividend growth. A $10,000 investment in EQIX five years ago would now be worth $20,308, with a total return of 103.08%. The company recently announced strong Q1 operating results, beating analyst consensus estimates, and raised its full-year 2023 revenue guidance.
May 23, 2023 | 11:35 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Equinix's strong five-year dividend growth and recent Q1 operating results indicate a positive outlook for the company. Analysts maintain favorable ratings and have raised price targets.
Equinix has shown consistent dividend growth over the past five years, with a total return of 103.08%. The company's recent Q1 operating results beat analyst consensus estimates, and it raised its full-year 2023 revenue guidance. Analysts from Credit Suisse, Stifel, and Citigroup maintain favorable ratings on EQIX and have raised their price targets. This positive performance and outlook suggest a likely short-term increase in EQIX's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100