NASDAQ:CONE - CyrusOne Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$52.14 -0.33 (-0.63 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$52.47
Today's Range$51.93 - $52.63
52-Week Range$48.61 - $69.01
Volume638,439 shs
Average Volume1.16 million shs
Market Capitalization$5.65 billion
P/E Ratio15.75
Dividend Yield3.51%
Beta0.86
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 208 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 47 data centers worldwide.

Receive CONE News and Ratings via Email

Sign-up to receive the latest news and ratings for CONE and its competitors with MarketBeat's FREE daily newsletter.

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$821.40 million
Cash Flow$3.2126 per share
Book Value$21.03 per share

Profitability

Net Income$1.20 million

Miscellaneous

EmployeesN/A
Market Cap$5.65 billion
Next Earnings Date5/1/2019 (Estimated)
OptionableOptionable

CyrusOne (NASDAQ:CONE) Frequently Asked Questions

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 Thursday, February 21st. Shareholders of record on Friday, March 29th will be given a dividend of $0.46 per share on Friday, April 12th. This represents a $1.84 annualized dividend and a yield of 3.53%. The ex-dividend date of this dividend is Thursday, March 28th. View CyrusOne's Dividend History.

How were CyrusOne's earnings last quarter?

CyrusOne Inc (NASDAQ:CONE) announced its earnings results on Wednesday, February, 20th. The real estate investment trust reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.82 by $0.04. The real estate investment trust earned $221.30 million during the quarter, compared to analyst estimates of $223.80 million. CyrusOne had a return on equity of 0.06% and a net margin of 0.15%. CyrusOne's quarterly revenue was up 22.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.84 earnings per share. View CyrusOne's Earnings History.

When is CyrusOne's next earnings date?

CyrusOne is scheduled to release their next quarterly earnings announcement on Wednesday, May 1st 2019. View Earnings Estimates for CyrusOne.

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

CyrusOne updated its FY19 earnings guidance on Wednesday, February, 20th. The company provided earnings per share guidance of $3.10-3.20 for the period, compared to the Thomson Reuters consensus estimate of $3.53. The company issued revenue guidance of $960 million- $1.0 billion, compared to the consensus revenue estimate of $991.79 million.CyrusOne also updated its FY 2019 guidance to EPS.

What price target have analysts set for CONE?

12 brokers have issued 12 month price objectives for CyrusOne's stock. Their predictions range from $52.00 to $70.00. On average, they expect CyrusOne's stock price to reach $60.5345 in the next year. This suggests a possible upside of 16.1% from the stock's current price. View Analyst Price Targets for CyrusOne.

What is the consensus analysts' recommendation for CyrusOne?

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

Has CyrusOne been receiving favorable news coverage?

Press coverage about CONE stock has trended positive on Friday, according to InfoTrie. The research group rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. CyrusOne earned a media sentiment score of 2.2 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 news coverage is extremely unlikely to have an impact on the company's share price in the next few days.

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 Cisco Systems (CSCO), AT&T (T), Alibaba Group (BABA), NVIDIA (NVDA), DIGITAL RLTY TR/SH (DLR), Micron Technology (MU), Energy Transfer LP Unit (ET), Enterprise Products Partners (EPD), Iron Mountain (IRM) and Blackstone Group (BX).

Who are CyrusOne's key executives?

CyrusOne's management team includes the folowing people:
  • Mr. Gary J. Wojtaszek, Pres, CEO & Director (Age 53)
  • Ms. Diane M. Morefield, 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, Pres of Europe (Age 52)

Who are CyrusOne's major shareholders?

CyrusOne's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.66%), Cohen & Steers Inc. (10.60%), Principal Financial Group Inc. (3.14%), Bank of America Corp DE (3.01%), Daiwa Securities Group Inc. (2.40%) and Oregon Public Employees Retirement Fund (2.07%). Company insiders that own CyrusOne stock include Gary J Wojtaszek, Kevin L Timmons, Michael Klayko, Robert M Jackson and Venkatesh S Durvasula. View Institutional Ownership Trends for CyrusOne.

Which institutional investors are selling CyrusOne stock?

CONE stock was sold by a variety of institutional investors in the last quarter, including Citigroup Inc., American Century Companies Inc., Northern Trust Corp, Nordea Investment Management AB, Rafferty Asset Management LLC, Aviva PLC, Nuveen Asset Management LLC and Pinnacle Associates Ltd.. Company insiders that have sold CyrusOne company stock in the last year include Gary J Wojtaszek, Kevin L Timmons, Robert M Jackson and Venkatesh S Durvasula. View Insider Buying and Selling for CyrusOne.

Which institutional investors are buying CyrusOne stock?

CONE stock was acquired by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Principal Financial Group Inc., Norges Bank, BlackRock Inc., Victory Capital Management Inc., Bank of America Corp DE, Great West Life Assurance Co. Can and Duff & Phelps Investment Management Co.. 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.

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, Scottrade, Fidelity and Charles Schwab.

What is CyrusOne's stock price today?

One share of CONE stock can currently be purchased for approximately $52.14.

How big of a company is CyrusOne?

CyrusOne has a market capitalization of $5.65 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.

What is CyrusOne's official website?

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

How can I contact CyrusOne?

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.


MarketBeat Community Rating for CyrusOne (NASDAQ CONE)

Community Ranking:  3.2 out of 5 (star star star)
Outperform Votes:  501 (Vote Outperform)
Underperform Votes:  292 (Vote Underperform)
Total Votes:  793
MarketBeat's community ratings are surveys of what our community members think about CyrusOne and other stocks. Vote "Outperform" if you believe CONE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CONE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/22/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel