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NASDAQ:CONECyrusOne Stock Price, Forecast & News

$74.34
+0.80 (+1.09 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$72.04
Now: $74.34
$74.89
50-Day Range
$63.25
MA: $70.32
$74.71
52-Week Range
$43.72
Now: $74.34
$79.73
Volume1.80 million shs
Average Volume1.27 million shs
Market Capitalization$8.56 billion
P/E RatioN/A
Dividend Yield2.69%
Beta0.44
CyrusOne (NASDAQ: CONE) is a high-growth real estate investment trust (REIT) specializing in highly reliable enterprise-class, carrier-neutral data center properties. The Company provides mission-critical data center facilities that protect and ensure the continued operation of IT infrastructure for approximately 1,000 customers, including 212 Fortune 1000 companies. With a track record of meeting and surpassing the aggressive speed-to-market demands of hyperscale cloud providers, as well as the expanding IT infrastructure requirements of the enterprise, CyrusOne provides the flexibility, reliability, security, and connectivity that foster business growth. CyrusOne offers a tailored, customer service-focused platform and is committed to full transparency in communication, management, and service delivery throughout its 48 data centers worldwide.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.3Community Rank: 3.2Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.51 out of 5 stars


Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryOffice REITs
SectorFinance
Current SymbolNASDAQ:CONE
CUSIP23283R10
Phone972-350-0060

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$981.30 million
Cash Flow$3.73 per share
Book Value$21.51 per share

Profitability

Net Income$41.40 million

Miscellaneous

Employees448
Market Cap$8.56 billion
Next Earnings Date7/29/2020 (Estimated)
OptionableOptionable

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CyrusOne (NASDAQ:CONE) Frequently Asked Questions

How has CyrusOne's stock been impacted by COVID-19 (Coronavirus)?

CyrusOne's stock was trading at $55.86 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CONE stock has increased by 33.1% and is now trading at $74.34. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of CyrusOne?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CyrusOne in the last year. There are currently 6 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for CyrusOne.

When is CyrusOne's next earnings date?

CyrusOne is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for CyrusOne.

How were CyrusOne's earnings last quarter?

CyrusOne Inc (NASDAQ:CONE) released its quarterly earnings results on Wednesday, April, 29th. The real estate investment trust reported $0.13 earnings per share for the quarter, missing analysts' consensus estimates of $0.95 by $0.82. The real estate investment trust earned $245.10 million during the quarter, compared to analysts' expectations of $249.49 million. CyrusOne had a negative net margin of 3.32% and a positive return on equity of 1.54%. The business's quarterly revenue was up 8.9% on a year-over-year basis. During the same period last year, the business posted $0.82 EPS. View CyrusOne's earnings history.

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

CyrusOne declared a quarterly dividend on Friday, May 1st. Shareholders of record on Friday, June 26th will be given a dividend of $0.50 per share on Friday, July 10th. This represents a $2.00 annualized dividend and a yield of 2.69%. The ex-dividend date of this dividend is Thursday, June 25th. View CyrusOne's dividend history.

What guidance has CyrusOne issued on next quarter's earnings?

CyrusOne issued an update on its FY20 earnings guidance on Wednesday, April, 29th. The company provided earnings per share guidance of $3.75-3.90 for the period, compared to the Thomson Reuters consensus estimate of $3.82. The company issued revenue guidance of $1.01-1.045 billion, compared to the consensus revenue estimate of $1.04 billion.

What price target have analysts set for CONE?

15 brokerages have issued 12 month price targets for CyrusOne's stock. Their forecasts range from $70.00 to $82.00. On average, they expect CyrusOne's stock price to reach $76.67 in the next year. This suggests a possible upside of 3.1% from the stock's current price. View analysts' price targets for CyrusOne.

Has CyrusOne been receiving favorable news coverage?

News articles about CONE stock have trended negative this week, InfoTrie reports. The research group identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. CyrusOne earned a daily sentiment score of -2.5 on InfoTrie's scale. They also assigned headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutCyrusOne.

Who are some of CyrusOne's key competitors?

What other stocks do shareholders of CyrusOne own?

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

Who are CyrusOne's key executives?

CyrusOne's management team includes the following people:
  • Mr. Gary J. Wojtaszek, Pres, CEO & Director (Age 53)
  • Ms. Diane M. Morefield CPA, Exec. VP & CFO (Age 60)
  • Mr. Kevin L. Timmons, Exec. VP & Chief Technology Officer (Age 54)
  • Mr. Robert M. Jackson, Exec. VP, Gen. Counsel & Sec. (Age 51)
  • Mr. Venkatesh S. Durvasula, Exec. VP & Pres of Europe (Age 52)

What is CyrusOne's stock symbol?

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

Who are CyrusOne's major shareholders?

CyrusOne's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (11.95%), Cohen & Steers Inc. (4.13%), State Street Corp (3.67%), Nuveen Asset Management LLC (2.79%), Invesco Ltd. (2.21%) and Principal Financial Group Inc. (2.11%). Company insiders that own CyrusOne stock include Diane M Morefield, Gary J Wojtaszek, Kevin L Timmons, Mark Skomal, Michael Klayko, Robert M Jackson and Venkatesh S Durvasula. View institutional ownership trends for CyrusOne.

Which major investors are selling CyrusOne stock?

CONE stock was sold by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., Deutsche Bank AG, Nuveen Asset Management LLC, Russell Investments Group Ltd., Principal Financial Group Inc., Cbre Clarion Securities LLC, APG Asset Management US Inc., and UBS Group AG. Company insiders that have sold CyrusOne company stock in the last year include Diane M Morefield, Gary J Wojtaszek, Kevin L Timmons, Mark Skomal, Michael Klayko, and Robert M Jackson. View insider buying and selling activity for CyrusOne.

Which major investors are buying CyrusOne stock?

CONE stock was bought by a variety of institutional investors in the last quarter, including Pictet Asset Management Ltd., Invesco Ltd., Morgan Stanley, Morgan Stanley, Resolution Capital Ltd, PGGM Investments, Balyasny Asset Management LLC, and Securian Asset Management Inc. Company insiders that have bought CyrusOne stock in the last two years include Gary J Wojtaszek, and Michael Klayko. View insider buying and selling activity for CyrusOne.

How do I buy shares of 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.

What is CyrusOne's stock price today?

One share of CONE stock can currently be purchased for approximately $74.34.

How big of a company is CyrusOne?

CyrusOne has a market capitalization of $8.56 billion and generates $981.30 million in revenue each year. The real estate investment trust earns $41.40 million in net income (profit) each year or $3.63 on an earnings per share basis. CyrusOne employs 448 workers across the globe.

What is CyrusOne's official website?

The official website for CyrusOne is www.cyrusone.com.

How can I contact CyrusOne?

CyrusOne's mailing address is 2850 N. Harwood Street Suite 2200, DALLAS TX, 75201. The real estate investment trust can be reached via phone at 972-350-0060.

This page was last updated on 6/1/2020 by MarketBeat.com Staff

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