CoreSite Realty Corporation

Latest CoreSite Realty Corporation News and Updates

  • Real Estate

    Singh’s TPG-Axon Capital Management buys a new stake in Equinix

    Dinakar Singh’s TPG-Axon initiated a new position in Equinix Inc. (EQIX), a global interconnection and data center company, that accounts for 6.09% of the fund’s portfolio.

    By Samantha Nielson
  • uploads///Chart  Rating
    Earnings Report

    Equinix Has 88% ‘Buy’ Ratings ahead of Its Q3 2018 Earnings

    On October 23, eight of the 25 analysts gave EQIX a “strong buy” rating, 14 gave it a “buy” rating, and the remaining three gave the stock a “hold.”

    By Anirudha Bhagat
  • uploads///Chart  Data Generation
    Earnings Report

    Emerging Tech Trends Driving Demand for Equinix’s Data Centers

    The worldwide data center colocation market is expected to reach $62.3 billion by 2022 from $31.52 billion in 2017, representing a CAGR of 14.6%.

    By Anirudha Bhagat
  • uploads///Dividend
    Earnings Report

    Equinix Continues to Enhance Shareholders’ Wealth

    On August 8, Equinix (EQIX) declared a regular quarterly cash dividend of $2.28 per share for the third quarter.

    By Anirudha Bhagat
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    Earnings Report

    Equinix’s Second-Quarter Results Beat Analysts’ Expectations

    Equinix reported strong financial results. The company’s top and bottom-line results for the second quarter were ahead of analysts’ estimates.

    By Anirudha Bhagat
  • uploads///Analyst Rating
    Earnings Report

    Why Wall Street Loves Data Center REITs—Including Equinix

    Over the last four months, analysts have maintained their “buy” recommendations on Equinix stock.

    By Anirudha Bhagat
  • uploads///Dividend
    Earnings Report

    Equinix to Continue Rewarding Shareholders with Dividend Payments

    In 2015, 2016 and 2017, Equinix paid regular cash dividend per share of $6.76, $7.00 and $8.00, respectively.

    By Anirudha Bhagat
  • uploads///IDC Data Generation
    Earnings Report

    New Technology Trends Driving Demand for Equinix’s Data Centers

    According to International Data Corporation, the total data generated worldwide is expected to cross 163 zettabytes by 2025 from 16.3 zettabytes in 2016.

    By Anirudha Bhagat
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    Company & Industry Overviews

    Equinix Is Trading above the Industry Average

    Equinix’s 3Q17 funds from operations stood at $4.97 per share. Its expected FFO was $4.11 for a surprise of ~20.9%.

    By Raina Brown
  • uploads///Dividends
    Company & Industry Overviews

    How Equinix Rewards Its Shareholders

    Equinix (EQIX) announced a dividend of $2.00 per share for 3Q17, leading to a total of $8.00 for 2017 and up from $7.00 in 2016.

    By Raina Brown
  • uploads///Balance sheet
    Company & Industry Overviews

    Equinix: Debt, Balance Sheet, and Capex

    Equinix (EQIX) had capex of $320.0 million in 3Q17, which included recurring capex of $45.0 million.

    By Raina Brown
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    Company & Industry Overviews

    Equinix: Performance in International Markets

    Equinix’s 3Q17 revenues in the Americas rose 12% quarter-over-quarter and 40% year-over-year on an as-reported basis.

    By Raina Brown
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