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.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryOffice REITs
SectorFinance
Phone972-350-0060
Debt
Current Ratio0.64
Quick Ratio0.64
Price-To-Earnings
Sales & Book Value
Annual Sales$672 million
Price / Sales8.19
Price / Cash Flow26.91
Price / Book2.77
Profitability
Net Income$-83,500,000.00
Net Margins14.07%
Return on Assets2.32%
Miscellaneous
Employees416
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 declared a quarterly dividend on Wednesday, October 31st. Shareholders of record on Wednesday, January 2nd will be given a dividend of $0.46 per share on Friday, January 11th. This represents a $1.84 annualized dividend and a yield of 3.54%. The ex-dividend date is Monday, December 31st. View CyrusOne's Dividend History.
How were CyrusOne's earnings last quarter?
CyrusOne Inc (NASDAQ:CONE) released its earnings results on Tuesday, October, 30th. The real estate investment trust reported ($0.43) EPS for the quarter, missing the consensus estimate of $0.80 by $1.23. The real estate investment trust earned $206.60 million during the quarter, compared to the consensus estimate of $209.33 million. CyrusOne had a return on equity of 5.68% and a net margin of 14.07%. The firm's revenue was up 17.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.79 EPS. View CyrusOne's Earnings History.
When is CyrusOne's next earnings date?
How can I listen to CyrusOne's earnings call?
CyrusOne will be holding an earnings conference call on Thursday, February 21st at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8444923731.
What guidance has CyrusOne issued on next quarter's earnings?
CyrusOne updated its FY18 earnings guidance on Tuesday, October, 30th. The company provided EPS guidance of $3.25-3.30 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.29. The company issued revenue guidance of $820-830, compared to the consensus revenue estimate of $822.57 million.
What price target have analysts set for CONE?
14 brokers have issued twelve-month price objectives for CyrusOne's shares. Their forecasts range from $52.88 to $73.00. On average, they anticipate CyrusOne's stock price to reach $66.4523 in the next twelve months. This suggests a possible upside of 27.8% from the stock's current price. View Analyst Price Targets for CyrusOne.
What is the consensus analysts' recommendation for CyrusOne?
14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CyrusOne in the last year. There are currently 5 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CyrusOne.
What are Wall Street analysts saying about CyrusOne stock?
Here are some recent quotes from research analysts about CyrusOne stock:
- 1. 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. " (11/2/2018)
- 2. Credit Suisse Group AG analysts commented, "We reiterate our Outperform and target price of $73. Solid Entry Point at $51: Illustrated in our note, the macro pressures that have negatively impacted CONE’s share price in the last nine months have run their courses, there are very little more market effects to take the company’s share price lower and we point out that CONE is currently trading near the lower end of its historical P/FY2 AFFOS range, currently at 14.1x based on our 2019E AFFO estimates, a solid entry point for investors who have recently exited QTS Realty (Underperform, $31 Target Price). Balanced Leasing Activity: Although total number of leases in Q4 of 395 was lower than the prior four quarter average of 425, we note that CONE’s sales funnel is the largest it has ever been, growing 9% q/q and 40% y/y with 60-70% of demand coming from cloud companies. We see this as a positive for the next few quarters as sales funnel conversions drive strong leasing." (2/28/2018)
Has CyrusOne been receiving favorable news coverage?
Media stories about CONE stock have been trending positive recently, InfoTrie reports. InfoTrie identifies negative and positive media 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 negative five to five, with scores nearest to five being the most favorable. CyrusOne earned a news sentiment score of 2.3 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the stock's share price in the near term.
Who are some of CyrusOne's key competitors?
Some companies that are related to CyrusOne include Ventas (VTR), SBA Communications (SBAC), Realty Income (O), Boston Properties (BXP), Weyerhaeuser (WY), Essex Property Trust (ESS), HCP (HCP), ANNALY CAP MGMT/SH (NLY), Host Hotels and Resorts (HST), Alexandria Real Estate Equities (ARE), Vornado Realty Trust (VNO), SINO LD LTD/S (SNLAY), Extra Space Storage (EXR), Regency Centers (REG) and WP Carey (WPC).
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 retail and institutional investors. Top institutional shareholders include Retirement Systems of Alabama (0.28%), Grassi Investment Management (0.11%), Tealwood Asset Management Inc. (0.07%), Spirit of America Management Corp NY (0.04%), State of Alaska Department of Revenue (0.04%) and Pensionfund DSM Netherlands (0.04%). Company insiders that own CyrusOne stock include Gary J Wojtaszek, Kevin L Timmons, 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 Steward Partners Investment Advisory LLC, Tealwood Asset Management Inc., Fox Run Management L.L.C., Louisiana State Employees Retirement System and Grassi Investment Management. 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 major investors are buying CyrusOne stock?
CONE stock was bought by a variety of institutional investors in the last quarter, including Pensionfund DSM Netherlands, Retirement Systems of Alabama, Pensionfund Sabic, First Hawaiian Bank, State of Alaska Department of Revenue and Spirit of America Management Corp NY. 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 $51.99.
How big of a company is CyrusOne?
CyrusOne has a market capitalization of $5.47 billion and generates $672 million in revenue each year. The real estate investment trust earns $-83,500,000.00 in net income (profit) each year or $3.12 on an earnings per share basis. CyrusOne employs 416 workers across the globe.
What is CyrusOne's official website?
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)
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.
