Equinix (Nasdaq: EQIX) is the world’s digital infrastructure company. Digital leaders harness Equinix’s trusted platform to bring together and interconnect foundational infrastructure at software speed. Equinix enables organizations to access all the right places, partners and possibilities to scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value, while supporting their sustainability goals.
Company Overview
- Market Cap: 93.111 Billion
- Beta: 0.70
- PE Ratio: 86.94
- EPS: 11.10
- Dividend Yield: 1.77%
With a market cap of over $93.111 billion, Equinix is the largest digital architecture REIT in the world. Equinix rents modern, high-tech facilities to cloud computing companies, health care companies, financial firms, online retailers, manufacturing companies and many other types of companies that process and store large amounts of digital data. The company is particularly popular with network services providers, commonly called NSPs, financial services firms, especially app-based payment processing companies, and life sciences firms. It has about 3,500 tenants in those particular industries. It is a global company with facilities in North America, Europe, Asia, Latin America and the Middle East. The stock pays an annual dividend yield of 1.77%. Therefore, EQIX is best data center stock to own for long-term.