NASDAQ:CONECyrusOne Stock Price, Forecast & News

CyrusOne's stock was trading at $55.86 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CONE shares have increased by 36.2% and is now trading at $76.10. View which stocks have been most impacted by Coronavirus.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CyrusOne in the last year. There are currently 6 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for CyrusOne.

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

CyrusOne will be holding an earnings conference call on Wednesday, July 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

CyrusOne Inc (NASDAQ:CONE) issued its quarterly earnings data on Wednesday, April, 29th. The real estate investment trust reported $0.13 EPS for the quarter, missing the Zacks' consensus estimate 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 positive return on equity of 1.54% and a negative net margin of 3.32%. The company's quarterly revenue was up 8.9% on a year-over-year basis. During the same period last year, the business posted $0.82 earnings per share. View CyrusOne's earnings history.

CyrusOne announced a quarterly dividend on Friday, May 1st. Investors 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 dividend on an annualized basis and a dividend yield of 2.63%. The ex-dividend date is Thursday, June 25th. View CyrusOne's dividend history.

CyrusOne updated its FY20 earnings guidance on Wednesday, April, 29th. The company provided earnings per share (EPS) guidance of $3.75-3.90 for the period, compared to the Thomson Reuters consensus earnings per share 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.

16 brokers have issued twelve-month target prices for CyrusOne's stock. Their forecasts range from $70.00 to $85.00. On average, they expect CyrusOne's share price to reach $78.56 in the next year. This suggests a possible upside of 3.2% from the stock's current price. View analysts' price targets for CyrusOne.

Media stories about CONE stock have trended very negative this week, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. CyrusOne earned a media sentiment score of -3.2 on InfoTrie's scale. They also gave news headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news about CyrusOne.

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

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).

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

CyrusOne's stock is owned by many different retail and institutional investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.09%), State of Alaska Department of Revenue (0.05%), Spirit of America Management Corp NY (0.05%), Pensionfund DSM Netherlands (0.04%), Cox Capital Mgt LLC (0.02%) and Exane Derivatives (0.01%). 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.

CONE stock was acquired by a variety of institutional investors in the last quarter, including Cox Capital Mgt LLC, Envestnet Asset Management Inc., Exane Derivatives, Pensionfund DSM Netherlands, State of Alaska Department of Revenue, and Spirit of America Management Corp NY. 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.

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 $76.10.

CyrusOne has a market capitalization of $8.77 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.

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

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.