CyrusOne - CONE Stock Forecast, Price & News

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CyrusOne in the last twelve months. There are currently 13 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CONE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CONE, but not buy additional shares or sell existing shares.
View CONE analyst ratings or view top-rated stocks.

15 brokers have issued 1-year price objectives for CyrusOne's stock. Their CONE share price forecasts range from $80.00 to $100.00. On average, they anticipate the company's share price to reach $89.10 in the next twelve months. This suggests that the stock has a possible downside of 1.4%.
View analysts price targets for CONE or view top-rated stocks among Wall Street analysts.

CyrusOne Inc. (NASDAQ:CONE) announced its quarterly earnings results on Tuesday, February, 15th. The real estate investment trust reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.03 by $0.92. The real estate investment trust earned $318.40 million during the quarter, compared to analyst estimates of $304.02 million. CyrusOne had a net margin of 2.10% and a trailing twelve-month return on equity of 1.02%. CyrusOne's revenue was up 18.6% on a year-over-year basis. During the same period last year, the firm posted $0.94 EPS.

CyrusOne announced a quarterly dividend on Wednesday, February 16th. Investors of record on Monday, March 28th will be paid a dividend of $0.52 per share on Friday, April 8th. This represents a $2.08 annualized dividend and a dividend yield of 2.30%. The ex-dividend date of this dividend is Friday, March 25th.
Read our dividend analysis for CONE.

CyrusOne (NASDAQ:CONE) pays an annual dividend of $2.08 per share and currently has a dividend yield of 2.30%. The company has been increasing its dividend for 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 990.48%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, CONE will have a dividend payout ratio of 46.53% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CONE.

Based on aggregate information from My MarketBeat watchlists, some companies that other CyrusOne investors own include NVIDIA (NVDA), AT&T (T), Micron Technology (MU), AbbVie (ABBV), Enterprise Products Partners (EPD), Salesforce (CRM), Alibaba Group (BABA), Prologis (PLD), QUALCOMM (QCOM) and Walt Disney (DIS).

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

One share of CONE stock can currently be purchased for approximately $90.36.

CyrusOne (NASDAQ:CONE) has a market capitalization of $11.71 billion and generates $1.21 billion in revenue each year. The real estate investment trust earns $25.30 million in net income (profit) each year or $0.21 on an earnings per share basis.

The company employs 441 workers across the globe.

CyrusOne's mailing address is 2850 N. Harwood Street Suite 2200, DALLAS TX, 75201. The official website for the company is www.cyrusone.com. The real estate investment trust can be reached via phone at (972) 350-0060 or via email at investorrelations@cyrusone.com.