NASDAQ:CONE - CyrusOne Stock Price, Forecast & News

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

CyrusOne announced a quarterly dividend on Wednesday, October 30th. Investors of record on Thursday, January 2nd will be paid a dividend of $0.50 per share on Friday, January 10th. This represents a $2.00 annualized dividend and a dividend yield of 3.28%. The ex-dividend date of this dividend is Tuesday, December 31st. View CyrusOne's Dividend History.

CyrusOne Inc (NASDAQ:CONE) released its quarterly earnings results on Wednesday, October, 30th. The real estate investment trust reported $0.14 EPS for the quarter, missing analysts' consensus estimates of $0.89 by $0.75. The real estate investment trust earned $250.90 million during the quarter, compared to analyst estimates of $247.81 million. CyrusOne had a negative return on equity of 0.08% and a negative net margin of 1.30%. CyrusOne's revenue was up 21.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.79 earnings per share. View CyrusOne's Earnings History.

CyrusOne is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for CyrusOne.

CyrusOne updated its FY19 earnings guidance on Wednesday, October, 30th. The company provided EPS guidance of $3.55-3.60 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.55. The company issued revenue guidance of $970-980 million, compared to the consensus revenue estimate of $980.98 million.

16 brokerages have issued 1 year price objectives for CyrusOne's stock. Their forecasts range from $54.00 to $85.00. On average, they expect CyrusOne's share price to reach $73.19 in the next twelve months. This suggests a possible upside of 20.2% from the stock's current price. View Analyst Price Targets for CyrusOne.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CyrusOne in the last year. There are currently 5 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CyrusOne.

News coverage about CONE stock has been trending negative on Friday, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. CyrusOne earned a media sentiment score of -2.7 on InfoTrie's scale. They also gave headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for CyrusOne.

CyrusOne saw a increase in short interest in the month of November. As of November 29th, there was short interest totalling 4,450,000 shares, an increase of 41.7% from the November 14th total of 3,140,000 shares. Based on an average trading volume of 1,200,000 shares, the days-to-cover ratio is currently 3.7 days. Approximately 4.0% of the company's shares are sold short. View CyrusOne's Current Options Chain.

Some companies that are related to CyrusOne include DIGITAL RLTY TR/SH (DLR), Boston Properties (BXP), Alexandria Real Estate Equities (ARE), Kilroy Realty (KRC), Douglas Emmett (DEI), SL Green Realty (SLG), Hudson Pacific Properties (HPP), Highwoods Properties (HIW), CoreSite Realty (COR), Equity Commonwealth (EQC), Corporate Office Properties Trust (OFC), Piedmont Office Realty Trust (PDM), Brandywine Realty Trust (BDN), Mack Cali Realty (CLI) and Franklin Street Properties (FSP).

Based on aggregate information from My MarketBeat watchlists, some companies that other CyrusOne investors own include NVIDIA (NVDA), Enterprise Products Partners (EPD), Micron Technology (MU), Alibaba Group (BABA), salesforce.com (CRM), Prologis (PLD), Bank of America (BAC), Paypal (PYPL), Walt Disney (DIS) and AT&T (T).

CyrusOne's stock is owned by many different of retail and institutional investors. Top institutional shareholders include State Street Corp (4.07%), Daiwa Securities Group Inc. (2.52%), Russell Investments Group Ltd. (1.18%), Nan Shan Life Insurance Co. Ltd. (1.04%), CIBC Private Wealth Group LLC (0.93%) and Duff & Phelps Investment Management Co. (0.60%). Company insiders that own CyrusOne stock include Gary J Wojtaszek, Kevin L Timmons, Mark Skomal, Michael Klayko, Robert M Jackson and Venkatesh S Durvasula. View Institutional Ownership Trends for CyrusOne.

CONE stock was sold by a variety of institutional investors in the last quarter, including Nan Shan Life Insurance Co. Ltd., Great West Life Assurance Co. Can, Duff & Phelps Investment Management Co., Strs Ohio, American Assets Capital Advisers LLC, Envestnet Asset Management Inc., State of New Jersey Common Pension Fund D and State of Alaska Department of Revenue. Company insiders that have sold CyrusOne company stock in the last year include Kevin L Timmons and Mark Skomal. View Insider Buying and Selling for CyrusOne.

CONE stock was bought by a variety of institutional investors in the last quarter, including York Capital Management Global Advisors LLC, Russell Investments Group Ltd., Public Employees Retirement Association of Colorado, Vaughan Nelson Investment Management L.P., Daiwa Securities Group Inc., New York State Teachers Retirement System, California Public Employees Retirement System and Man Group plc. Company insiders that have bought CyrusOne stock in the last two years include Gary J Wojtaszek and Michael Klayko. View Insider Buying and Selling for CyrusOne.

Shares of CONE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of CONE stock can currently be purchased for approximately $60.90.

CyrusOne has a market capitalization of $6.89 billion and generates $821.40 million in revenue each year. The real estate investment trust earns $1.20 million in net income (profit) each year or $3.31 on an earnings per share basis. CyrusOne employs 448 workers across the globe.View Additional Information About CyrusOne.

The official website for CyrusOne is http://www.cyrusone.com/.

CyrusOne's mailing address is 2101 CEDAR SPRINGS ROAD SUITE 900, DALLAS TX, 75201. The real estate investment trust can be reached via phone at 972-350-0060.