Latest news with #MichaelRollins
Business Insider
3 days ago
- Business
- Business Insider
Citi Remains a Buy on Equinix (EQIX)
Citi analyst Michael Rollins maintained a Buy rating on Equinix (EQIX – Research Report) on May 30 and set a price target of $990.00. Confident Investing Starts Here: According to TipRanks, Rollins is a 5-star analyst with an average return of 12.4% and a 68.06% success rate. Rollins covers the Communication Services sector, focusing on stocks such as T Mobile US, AT&T, and Charter Communications. In addition to Citi, Equinix also received a Buy from DBS's Sachin Mittal in a report issued on May 27. However, on the same day, Barclays maintained a Hold rating on Equinix (NASDAQ: EQIX). Based on Equinix's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $2.23 billion and a net profit of $343 million. In comparison, last year the company earned a revenue of $2.13 billion and had a net profit of $231 million Based on the recent corporate insider activity of 72 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EQIX in relation to earlier this year. Last month, Raouf Abdel, the EVP, Global Operations of EQIX sold 1,316.00 shares for a total of $1,144,920.00.
Business Insider
3 days ago
- Business
- Business Insider
Digital Realty (DLR) Receives a Buy from Citi
In a report released on May 30, Michael Rollins from Citi maintained a Buy rating on Digital Realty (DLR – Research Report), with a price target of $174.00. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Rollins covers the Communication Services sector, focusing on stocks such as T Mobile US, AT&T, and Charter Communications. According to TipRanks, Rollins has an average return of 12.4% and a 68.06% success rate on recommended stocks. Digital Realty has an analyst consensus of Strong Buy, with a price target consensus of $189.06. The company has a one-year high of $198.00 and a one-year low of $129.95. Currently, Digital Realty has an average volume of 2.26M.
Yahoo
14-03-2025
- Business
- Yahoo
How To Earn $500 A Month From Crown Castle Stock Ahead Of Q4 Earnings
Crown Castle Inc. (NYSE:CCI) will release its fourth-quarter financial results, after the closing bell, on Thursday, March 13. Analysts expect the company to report quarterly earnings at 40 cents per share. That's down from 86 cents per share in the year-ago period. Crown Castle projects quarterly revenue of $1.64 billion. It generated $1.67 billion a year earlier, according to data from Benzinga Pro. On Feb. 13, Citigroup analyst Michael Rollins maintained Crown Castle with a Buy rating and lowered the price target from $128 to $106. With the recent buzz around Crown Castle, some investors may be eyeing potential gains from the company's dividends too. As of now, Crown Castle offers an annual dividend yield of 6.57%, which is a quarterly dividend amount of $1.56 cents per share ($6.26 a year). So, how can investors exploit its dividend yield to pocket a regular $500 monthly? To earn $500 per month or $6,000 annually from dividends alone, you would need an investment of approximately $91,288 or around 958 shares. For a more modest $100 per month or $1,200 per year, you would need $18,296 or around 192 shares. To calculate: Divide the desired annual income ($6,000 or $1,200) by the dividend ($6.26 in this case). So, $6,000 / $6.26 = 958 ($500 per month), and $1,200 / $6.26 = 192 shares ($100 per month). View more earnings on CCI Note that dividend yield can change on a rolling basis, as the dividend payment and the stock price both fluctuate over time. How that works: The dividend yield is computed by dividing the annual dividend payment by the stock's current price. For example, if a stock pays an annual dividend of $2 and is currently priced at $50, the dividend yield would be 4% ($2/$50). However, if the stock price increases to $60, the dividend yield drops to 3.33% ($2/$60). Conversely, if the stock price falls to $40, the dividend yield rises to 5% ($2/$40). Similarly, changes in the dividend payment can impact the yield. If a company increases its dividend, the yield will also increase, provided the stock price stays the same. Conversely, if the dividend payment decreases, so will the yield. CCI Price Action: Shares of Crown Castle fell 2.4% to close at $95.29 on More: Image: Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? CROWN CASTLE (CCI): Free Stock Analysis Report This article How To Earn $500 A Month From Crown Castle Stock Ahead Of Q4 Earnings originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
