CyrusOne Company Profile (NASDAQ:CONE)

About CyrusOne

CyrusOne logoCyrusOne Inc. is a real estate investment trust. The Company is an owner, operator and developer of enterprise-class, carrier-neutral, multi-tenant data center properties. The Company's data centers are generally purpose-built facilities with redundant power and cooling. The CyrusOne National IX Platform (the National IX Platform) delivers interconnection across states and between metro-enabled sites within the CyrusOne footprint and beyond. The Company has data centers in the United States, London and Singapore. The Company provides mission-critical data center facilities that protect and ensure the continued operation of information technology (IT) infrastructure for approximately 930 customers in over 30 data centers and approximately two recovery centers in over 10 distinct markets, collectively providing approximately 2,954,000 net rentable square feet (NRSF). The Company provides round the clock security guard monitoring with customizable security features.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Diversified
  • Sub-Industry: Office REITs
  • Exchange: NASDAQ
  • Symbol: CONE
  • CUSIP: 23283R10
Key Metrics:
  • Previous Close: $47.48
  • 50 Day Moving Average: $0.00
  • 200 Day Moving Average: $0.00
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 128.32
  • P/E Growth: 0.00
  • Market Cap: $N/A
  • Beta: 0.82
Profitability:
  • Net Margins: 3.58%
  • Return on Equity: 1.78%
  • Return on Assets: 0.73%
Debt:
  • Debt-to-Equity Ratio: 1.02%
  • Current Ratio: 0.39%
  • Quick Ratio: 0.39%
Additional Links:
Companies Related to CyrusOne:

Analyst Ratings

Consensus Ratings for CyrusOne (NASDAQ:CONE) (?)
Ratings Breakdown: 1 Sell Rating, 11 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.92)
Consensus Price Target: $54.00 (13.73% upside)

Analysts' Ratings History for CyrusOne (NASDAQ:CONE)
Show:
DateFirmActionRatingPrice TargetDetails
1/25/2017Citigroup Inc.DowngradeNeutral -> Sell$43.00View Rating Details
12/1/2016GuggenheimInitiated CoverageBuy$50.00View Rating Details
11/25/2016Jefferies Group LLCSet Price TargetBuy$55.00View Rating Details
11/1/2016Deutsche Bank AGReiterated RatingBuy$57.00 -> $59.00View Rating Details
8/18/2016Barclays PLCUpgradeEqual Weight -> Overweight$50.00 -> $57.00View Rating Details
8/10/2016Bank of America CorpSet Price TargetBuy$58.00View Rating Details
7/24/2016Morgan StanleyReiterated RatingOverweightView Rating Details
7/21/2016SunTrust Banks, Inc.Initiated CoverageBuy$63.00View Rating Details
7/11/2016Royal Bank Of CanadaReiterated RatingBuyView Rating Details
5/31/2016Wells Fargo & CompanyInitiated CoverageOutperformView Rating Details
5/6/2016Stifel NicolausBoost Price TargetBuy$48.00 -> $53.00View Rating Details
3/24/2016J P Morgan Chase & CoReiterated RatingOverweight$45.00 -> $49.00View Rating Details
3/23/2016Raymond James Financial, Inc.Boost Price TargetStrong-Buy$44.00 -> $51.00View Rating Details
11/6/2015Cowen and CompanyBoost Price Target$38.00 -> $46.00View Rating Details
8/20/2015GabelliDowngradeBuy -> HoldView Rating Details
4/29/2015StephensUpgradeEqual Weight -> Overweight$38.00View Rating Details
(Data available from 2/20/2015 forward)

Earnings

Earnings History for CyrusOne (NASDAQ:CONE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/22/2017$0.02N/AView Earnings Details
10/31/2016Q316$0.62$0.67$136.21 million$143.80 millionViewListenView Earnings Details
8/1/2016Q216$0.59$0.67$125.94 million$130.10 millionViewN/AView Earnings Details
5/4/2016Q116$0.59$0.63$116.19 million$117.80 millionViewN/AView Earnings Details
2/23/2016Q415$0.57$0.61$115.36 million$113.30 millionViewListenView Earnings Details
11/5/2015Q315$0.54$0.57$108.58 million$111.20 millionViewN/AView Earnings Details
8/5/2015Q215$0.47$0.50$91.37 million$89.10 millionViewN/AView Earnings Details
5/7/2015Q115$0.47$0.49$88.54 million$85.70 millionViewN/AView Earnings Details
2/18/2015Q414($0.04)($0.19)$85.78 million$86.90 millionViewN/AView Earnings Details
11/4/2014Q314($0.03)$0.44$82.95 million$84.80 millionViewN/AView Earnings Details
8/6/2014Q214$0.04($0.06)$79.42 million$81.70 millionViewN/AView Earnings Details
5/7/2014Q1$0.38$0.42$74.29 million$77.50 millionViewN/AView Earnings Details
2/20/2014($0.06)ViewN/AView Earnings Details
11/6/2013Q313($0.03)($0.05)$66.42 million$67.50 millionViewN/AView Earnings Details
5/8/2013Q1 2013($0.05)$52.10 million$60.10 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for CyrusOne (NASDAQ:CONE)
Current Year EPS Consensus Estimate: $0.27 EPS
Next Year EPS Consensus Estimate: $0.37 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20164$0.52$0.63$0.56
Q2 20164$0.55$0.61$0.60
Q3 20163$0.56$0.67$0.62
Q4 20163$0.63$0.69$0.65
Q1 20171$0.71$0.71$0.71
Q2 20171$0.71$0.71$0.71
Q3 20171$0.76$0.76$0.76
Q4 20171$0.81$0.81$0.81
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for CyrusOne (NASDAQ:CONE)
Annual Dividend:$1.52
Dividend Yield:3.20%
Payout Ratio:723.84% (Based on Trailing 12 Months of Earnings)
562.96% (Based on Current Year Consensus EPS Estimate)
410.81% (Based on Next Year Consensus EPS Estimate)

Dividend History for CyrusOne (NASDAQ:CONE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/31/2016quarterly$0.383.41%12/28/201612/30/20161/13/2017
8/2/2016quarterly$0.382.83%9/28/20169/30/201610/14/2016
5/6/2016quarterly$0.383.1%6/22/20166/24/20167/15/2016
2/24/2016quarterly$0.383.93%3/22/20163/25/20164/15/2016
11/6/2015quarterly$0.323.63%12/22/201512/24/20151/8/2016
8/6/2015quarterly$0.324.14%9/23/20159/25/201510/15/2015
5/8/2015quarterly$0.324.03%6/24/20156/26/20157/15/2015
2/19/2015quarterly$0.324.24%3/25/20153/27/20154/15/2015
11/5/2014quarterly$0.213.2%12/23/201412/26/20141/9/2015
8/8/2014quarterly$0.213.33%9/24/20149/26/201410/15/2014
5/7/2014quarterly$0.214%6/25/20146/27/20147/15/2014
2/19/2014quarterly$0.213.84%3/26/20143/28/20144/15/2014
12/11/2013quarterly$0.163.1%12/24/201312/27/20131/10/2014
9/4/2013quarterly$0.163.29%9/25/20139/27/201310/15/2013
6/4/2013quarterly$0.163.08%6/26/20136/28/20137/15/2013
3/21/2013special$0.163/26/20133/29/20134/15/2013
3/20/2013quarterly$0.163/29/20134/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for CyrusOne (NASDAQ:CONE)
Insider Ownership Percentage: 2.20%
Institutional Ownership Percentage: 96.42%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/15/2016Venkatesh S DurvasulaInsiderSell6,737$44.51$299,863.87View SEC Filing  
2/29/2016Kevin L TimmonsCTOSell14,086$40.10$564,848.60View SEC Filing  
12/14/2015Cincinnati Bell IncMajor ShareholderSell1,350,000$35.30$47,655,000.00View SEC Filing  
4/13/2015Thomas Wesley BosseVPSell12,045$31.52$379,658.40View SEC Filing  
4/10/2015Gary J WojtaszekCEOSell60,000$31.66$1,899,600.00View SEC Filing  
6/13/2014Gary J WojtaszekCEOBuy10,000$22.69$226,900.00View SEC Filing  
6/9/2014Gary J WojtaszekCEOBuy10,000$22.81$228,100.00View SEC Filing  
5/23/2014Gary J WojtaszekCEOBuy5,971$21.83$130,346.93View SEC Filing  
8/19/2013Gary WojtaszekCEOBuy6,000$18.42$110,520.00View SEC Filing  
8/14/2013Gary WojtaszekCEOBuy5,750$19.44$111,780.00View SEC Filing  
6/26/2013Marcato Capital Management LlcMajor ShareholderSell383,000$18.97$7,265,510.00View SEC Filing  
5/14/2013Gary J WojtaszekCEOBuy5,000$22.22$111,100.00View SEC Filing  
5/13/2013Gary J WojtaszekCEOBuy10,000$22.93$229,300.00View SEC Filing  
3/12/2013Marcato Capital Management LlcMajor ShareholderBuy257,168$21.45$5,516,253.60View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for CyrusOne (NASDAQ:CONE)
DateHeadline
4-traders.com logoCyrusOne : 3 Ways Colocation Helps Businesses Focus on Core Competencies (NASDAQ:CONE)
www.4-traders.com - February 19 at 4:08 PM
News IconLoomis Sayles & Co. L P Has $28,402,000 Position in CyrusOne Inc (CONE) (NASDAQ:CONE)
www.lightwaveonline.com - February 19 at 4:08 PM
News IconAnalyst's Predictions on Berry Plastics Group, Inc. (BERY), CyrusOne Inc. (CONE) - StockNewsJournal (NASDAQ:CONE)
www.stocknewsjournal.com - February 18 at 4:15 PM
News IconBuy, Sell or Hold? Analysts Approach: CyrusOne Inc. (CONE), Blackstone Mortgage Trust, Inc. (BXMT)? - The USA Commerce (NASDAQ:CONE)
theusacommerce.com - February 18 at 10:43 AM
News IconDividend Growth of CyrusOne Inc(CONE) - Highland Mirror (NASDAQ:CONE)
www.highlandmirror.com - February 18 at 10:43 AM
News IconShares of CyrusOne Inc (CONE) Sees Large Inflow of Net Money Flow - Highland Mirror (NASDAQ:CONE)
www.highlandmirror.com - February 13 at 5:06 PM
seekingalpha.com logoData Center REIT CoreSite Kicks Off Sector Earnings: Buy, Sell Or Hold? (NASDAQ:CONE)
seekingalpha.com - February 10 at 2:54 AM
News IconRaymond James Financial Services Advisors Inc. Has $17,606,000 Position in CyrusOne Inc (CONE) (NASDAQ:CONE)
www.lightwaveonline.com - February 10 at 2:54 AM
News IconEquity Perception: Analyst's Indicator Review for CyrusOne Inc. (CONE), Wyndham Worldwide Corporation (WYN) - The USA Commerce (NASDAQ:CONE)
theusacommerce.com - February 9 at 4:51 PM
marketexclusive.com logoCYRUSONE INC. (NASDAQ:CONE) Files An 8-K Entry into a Material Definitive Agreement - Market Exclusive (NASDAQ:CONE)
marketexclusive.com - February 9 at 4:51 PM
biz.yahoo.com logoCYRUSONE INC. Files SEC form 8-K, Entry into a Material Definitive Agreement (NASDAQ:CONE)
biz.yahoo.com - February 9 at 4:51 PM
News IconWhy to Keeping Eye on CyrusOne Inc. (CONE), Liberty Property Trust (LPT)? - StockNewsJournal (NASDAQ:CONE)
stocknewsjournal.com - February 8 at 4:48 PM
streetinsider.com logoCyrusOne (CONE) to Acquire Two Data Centers for $490M - StreetInsider.com (NASDAQ:CONE)
www.streetinsider.com - February 8 at 4:48 PM
bizjournals.com logoAfter acquisition, CyrusOne CEO talks expansion plans at Durham data center (NASDAQ:CONE)
www.bizjournals.com - February 8 at 4:48 PM
finance.yahoo.com logoCyrusOne Selects PacketFabric to Provide Next-Gen Networking Cloud Services to Fortune 1000 Customers (NASDAQ:CONE)
finance.yahoo.com - February 7 at 5:30 PM
streetinsider.com logoCyrusOne (CONE) to Acquire Two Data Centers for $490M (NASDAQ:CONE)
www.streetinsider.com - February 7 at 2:31 AM
News IconPE-backed Sentinel sells two data centers to CyrusOne (NASDAQ:CONE)
www.pehub.com - February 6 at 4:29 PM
News IconCyrusOne buys two properties from Sentinel, strengthening M&A for data centers (NASDAQ:CONE)
www.themiddlemarket.com - February 6 at 4:29 PM
finance.yahoo.com logoCyrusOne Announces Transaction to Acquire Two Data Centers from Sentinel Data Centers (NASDAQ:CONE)
finance.yahoo.com - February 6 at 4:29 PM
finance.yahoo.com logo8:31 am CyrusOne to acquire two enterprise-class data centers located in Raleigh-Durham, North Carolina and Somerset, New Jersey from Sentinel Data Centers for $490 mln (NASDAQ:CONE)
finance.yahoo.com - February 6 at 4:29 PM
bizjournals.com logoCyrusOne gets regional foothold with Sentinal buy (NASDAQ:CONE)
www.bizjournals.com - February 6 at 4:29 PM
News IconAnalyst Recommendations And Earnings Forecast: Apple Hospitality REIT, Inc. (APLE), CyrusOne Inc. (CONE) - Post Analyst (NASDAQ:CONE)
postanalyst.com - February 3 at 4:44 PM
News IconEarnings Forecast Research on CyrusOne Inc (CONE) - Morning Outlook (NASDAQ:CONE)
www.morningoutlook.com - February 3 at 4:44 PM
finance.yahoo.com logoTime to Buy This Red-Hot Sector’s Top Stocks Before Q4 Earnings (NASDAQ:CONE)
finance.yahoo.com - February 1 at 4:44 PM
bizjournals.com logoData center giant CyrusOne to relocate its headquarters to Uptown Dallas (NASDAQ:CONE)
www.bizjournals.com - February 1 at 4:44 PM
News IconShort Interest in CyrusOne Inc (CONE) Increases By 24.4% (NASDAQ:CONE)
www.lightwaveonline.com - February 1 at 4:45 AM
News IconTechnical Focus: Williams %R, ADX, and CCI Levels for Cyrusone Inc (CONE) - Springdale Times (NASDAQ:CONE)
springdaletimes.com - January 27 at 5:50 PM
News IconWhat is the Street Saying About CyrusOne Inc (NASDAQ:CONE)? - Aiken Advocate (NASDAQ:CONE)
aikenadvocate.com - January 26 at 10:32 PM
News IconJust the Facts on CyrusOne Inc. (CONE) - StockNewsJournal (NASDAQ:CONE)
stocknewsjournal.com - January 26 at 5:30 PM
nasdaq.com logoCyrusOne (CONE) Passes Through 3% Yield Mark (NASDAQ:CONE)
www.nasdaq.com - January 25 at 5:32 PM
us.rd.yahoo.com logoCyrusOne downgraded by Citigroup (NASDAQ:CONE)
us.rd.yahoo.com - January 25 at 5:32 PM
finance.yahoo.com logoCyrusOne Inc. Announces Tax Allocations of 2016 Distributions (NASDAQ:CONE)
finance.yahoo.com - January 25 at 5:32 PM
nasdaq.com logoInteresting CONE Put And Call Options For September 15th (NASDAQ:CONE)
www.nasdaq.com - January 24 at 5:01 PM
News IconHow Does the Chart Look for CyrusOne Inc. (CONE) ? - The USA Commerce (NASDAQ:CONE)
theusacommerce.com - January 23 at 4:45 PM
News IconEarnings in Full Force, Analysts Take Aim at CyrusOne Inc (NASDAQ:CONE) - Wall Street Beacon (NASDAQ:CONE)
wsbeacon.com - January 23 at 4:45 PM
News IconStock Under Review: Checking in on Levels for Cyrusone Inc (CONE) - Sherwood Daily (NASDAQ:CONE)
sherwooddaily.com - January 21 at 9:29 PM
News IconInstitutions Taking Notice Of This Stock in Q4: CyrusOne Inc. (NASDAQ:CONE) - Wall Street Beacon (NASDAQ:CONE)
wsbeacon.com - January 21 at 9:29 PM
News IconGearing Up For a Bull Run? Analysts Weigh in on CyrusOne Inc (NASDAQ:CONE) - Wall Street Beacon (NASDAQ:CONE)
wsbeacon.com - January 19 at 10:48 PM
News IconCalifornia State Teachers Retirement System Buys 1,300 Shares of CyrusOne Inc (CONE) (NASDAQ:CONE)
www.lightwaveonline.com - January 18 at 4:47 PM
News IconWill The Needle Move For CyrusOne Inc (NASDAQ:CONE) Shares This Earnings Season? - Wall Street Beacon (NASDAQ:CONE)
wsbeacon.com - January 17 at 10:17 PM
News IconFirms & Funds Reinforcing Their Perception of CyrusOne Inc. (NASDAQ:CONE) - Wall Street Beacon (NASDAQ:CONE)
wsbeacon.com - January 17 at 10:17 PM
News IconBrokerages Set CyrusOne Inc (CONE) Target Price at $54.90 (NASDAQ:CONE)
www.lightwaveonline.com - January 15 at 4:21 PM
finance.yahoo.com logoCyrusOne Inc. Announces Fourth Quarter 2016 Earnings Release and Conference Call Dates (NASDAQ:CONE)
finance.yahoo.com - January 10 at 5:07 PM
News IconWorth Watching Stocks: CyrusOne Inc. (NASDAQ:CONE), CommScope Holding Company, Inc. (NASDAQ:COMM) - The Newburgh Press (NASDAQ:CONE)
newburghpress.com - January 9 at 10:37 PM
stocksdaily.net logoFY2016 EPS Projection For CyrusOne Inc (NASDAQ:CONE) Set At $2.75 (NASDAQ:CONE)
www.stocksdaily.net - January 9 at 5:35 PM
nasdaq.com logoCyrusOne Breaks Above 200-Day Moving Average - Bullish for CONE (NASDAQ:CONE)
www.nasdaq.com - January 5 at 4:59 PM
nasdaq.com logoCyrusOne Inc (CONE) Ex-Dividend Date Scheduled for December 28, 2016 - Nasdaq (NASDAQ:CONE)
www.nasdaq.com - December 28 at 12:11 PM
News IconJPMorgan Chase & Co. Increases Stake in CyrusOne Inc. (CONE) (NASDAQ:CONE)
www.lightwaveonline.com - December 27 at 4:39 PM
News IconSei Investments Co. Acquires 21,112 Shares of CyrusOne Inc. (CONE) (NASDAQ:CONE)
www.lightwaveonline.com - December 27 at 12:13 PM
seekingalpha.com logoCyrusOne: (NASDAQ:CONE)
seekingalpha.com - December 21 at 3:04 AM

Social

What is CyrusOne's stock symbol?

CyrusOne trades on the NASDAQ under the ticker symbol "CONE."

How often does CyrusOne pay dividends? What is the dividend yield for CyrusOne?

CyrusOne announced a quarterly dividend on Monday, October 31st. Stockholders of record on Friday, December 30th will be given a dividend of $0.38 per share on Friday, January 13th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 3.20%. The ex-dividend date is Wednesday, December 28th.

Where is CyrusOne's stock going? Where will CyrusOne's stock price be in 2017?

13 brokerages have issued 1 year price targets for CyrusOne's shares. Their forecasts range from $43.00 to $63.00. On average, they expect CyrusOne's stock price to reach $54.00 in the next twelve months.

When will CyrusOne announce their earnings?

CyrusOne is scheduled to release their next quarterly earnings announcement on Tuesday, February, 21st 2017.

What are analysts saying about CyrusOne stock?

Here are some recent quotes from research analysts about CyrusOne stock:

  • According to Zacks Investment Research, "CyrusOne Inc. is a real estate investment trust engaged in providing enterprise data centre colocation, engineering facilities with the highest power redundancy (2N architecture) and power-density infrastructure services in the United States, Europe, and Asia. CyrusOne Inc. is headquartered in Carrollton, United States. " (1/6/2017)

  • Jefferies Group LLC analysts commented, "Normalized FFO/sh of $0.63 was ahead of the consensus estimate of $0.59, and in-line with our street high estimate of $0.63. Leasing volumes of $43M in 1Q16 was just shy of $44M in 4Q15 (which was the highest in the company’s history). Management raised FFO/sh guidance for 2016 by $0.03 to $2.48-$2.58 from $2.45-$2.55." (5/5/2016)

Who owns CyrusOne stock?

CyrusOne's stock is owned by many different of retail and institutional investors. Top institutional investors include Heitman Real Estate Securities LLC (1.46%), RidgeWorth Capital Management LLC (1.23%), Dimensional Fund Advisors LP (1.20%), State Street Corp (1.16%), Pinnacle Associates Ltd. (1.10%) and Denver Investment Advisors LLC (1.01%). Company insiders that own CyrusOne stock include Cincinnati Bell Inc, Gary J Wojtaszek, Kevin L Timmons, Thomas Wesley Bosse and Venkatesh S Durvasula.

Who sold CyrusOne stock? Who is selling CyrusOne stock?

CyrusOne's stock was sold by a variety of institutional investors in the last quarter, including Marshall Wace LLP, Fred Alger Management Inc., Allianz Asset Management AG, Franklin Resources Inc., Asset Management One Co. Ltd., Crosslink Capital Inc., Castleark Management LLC and Cipher Capital LP. Company insiders that have sold CyrusOne stock in the last year include Kevin L Timmons and Venkatesh S Durvasula.

Who bought CyrusOne stock? Who is buying CyrusOne stock?

CyrusOne's stock was bought by a variety of institutional investors in the last quarter, including Denver Investment Advisors LLC, RidgeWorth Capital Management LLC, Waterfront Capital Partners LLC, Loomis Sayles & Co. L P, Raymond James Financial Services Advisors Inc., Pinnacle Associates Ltd., Russell Investments Group Ltd. and Hodges Capital Management Inc..

How do I buy CyrusOne stock?

Shares of CyrusOne can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of CyrusOne stock cost?

One share of CyrusOne stock can currently be purchased for approximately $47.48.

CyrusOne (NASDAQ:CONE) Chart for Monday, February, 20, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for CyrusOne (NASDAQ:CONE)

Earnings History Chart

Earnings by Quarter for CyrusOne (NASDAQ:CONE)

Dividend History Chart

Dividend Payments by Quarter for CyrusOne (NASDAQ:CONE)

Last Updated on 2/20/2017 by MarketBeat.com Staff