NASDAQ:CONECyrusOne Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding CyrusOne Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $63.82 +2.15 (+3.49 %) (As of 04/9/2020 06:00 AM ET) Add Compare Share Today's Range$61.74Now: $63.82▼$64.3850-Day Range$45.07MA: $59.17▼$69.6052-Week Range$43.72Now: $63.82▼$79.73Volume1.73 million shsAverage Volume1.71 million shsMarket Capitalization$7.34 billionP/E Ratio163.65Dividend Yield3.24%Beta0.34 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingCyrusOne has received a consensus rating of Buy. The company's average rating score is 2.63, and is based on 10 buy ratings, 6 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $72.89, CyrusOne has a potential upside of 14.2% from its current price of $63.82.Amount of Analyst CoverageCyrusOne has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.2 Community Rank Outperform VotesCyrusOne has received 688 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCyrusOne has received 388 “underperform” votes. (Add your “underperform” vote.)Community SentimentCyrusOne has received 63.94% “outperform” votes from our community.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. Previous Next 4.2 Dividend Strength Dividend LeadershipCyrusOne is a leading dividend payer. It pays a dividend yield of 3.24%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCyrusOne has been increasing its dividend for 6 years.Dividend CoverageThe dividend payout ratio of CyrusOne is 55.10 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, CyrusOne will have a dividend payout ratio of 47.51 % next year. This indicates that CyrusOne will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CyrusOne insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $8,123,370.00 in company stock.Percentage Held by InsidersOnly 0.55% of the stock of CyrusOne is held by insiders.Percentage Held by Institutions98.62% of the stock of CyrusOne is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for CyrusOne are expected to grow by 9.92% in the coming year, from $3.83 to $4.21 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CyrusOne is 163.65, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.08.Price to Earnings Ratio vs. SectorThe P/E ratio of CyrusOne is 163.65, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 11.84.Price to Earnings Growth RatioCyrusOne has a PEG Ratio of 0.73. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioCyrusOne has a P/B Ratio of 2.97. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 3.2Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.71 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Real estate investment trusts Sub-IndustryOffice REITs SectorFinance Current SymbolNASDAQ:CONE Previous Symbol CUSIP23283R10 CIK1553023 Webhttp://www.cyrusone.com/ Phone972-350-0060Debt Debt-to-Equity Ratio1.28 Current Ratio1.24 Quick Ratio1.24Price-To-Earnings Trailing P/E Ratio163.65 Forward P/E Ratio16.66 P/E Growth0.73 Sales & Book Value Annual Sales$981.30 million Price / Sales7.48 Cash Flow$3.86 per share Price / Cash Flow16.54 Book Value$21.51 per share Price / Book2.97Profitability EPS (Most Recent Fiscal Year)$3.63 Net Income$41.40 million Net Margins4.22% Return on Equity4.62% Return on Assets1.88%Miscellaneous Employees448 Outstanding Shares115,010,000Market Cap$7.34 billion Next Earnings Date4/29/2020 (Confirmed) OptionableOptionable 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. NASDAQ:CONE Rates by TradingView 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 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CONE stock has increased by 14.2% and is now trading at $63.82. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of CyrusOne? 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. When is CyrusOne's next earnings date? CyrusOne is scheduled to release its next quarterly earnings announcement on Wednesday, April 29th 2020. View our earnings forecast for CyrusOne. How can I listen to CyrusOne's earnings call? CyrusOne will be holding an earnings conference call on Wednesday, April 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. How were CyrusOne's earnings last quarter? CyrusOne Inc (NASDAQ:CONE) issued its quarterly earnings results on Wednesday, October, 30th. The real estate investment trust reported $0.14 earnings per share for the quarter, missing analysts' consensus estimates of $0.89 by $0.75. The real estate investment trust had revenue of $250.90 million for the quarter, compared to analyst estimates of $247.81 million. CyrusOne had a net margin of 4.22% and a return on equity of 4.62%. CyrusOne's quarterly revenue was up 21.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.79 earnings per share. View CyrusOne's earnings history. How often does CyrusOne pay dividends? What is the dividend yield for CyrusOne? CyrusOne announced a quarterly dividend on Wednesday, February 19th. Investors of record on Friday, March 27th will be paid a dividend of $0.50 per share on Friday, April 10th. This represents a $2.00 dividend on an annualized basis and a yield of 3.13%. The ex-dividend date is Thursday, March 26th. View CyrusOne's dividend history. What guidance has CyrusOne issued on next quarter's earnings? CyrusOne updated its FY20 earnings guidance on Wednesday, February, 19th. The company provided earnings per share guidance of $3.75-3.90 for the period, compared to the Thomson Reuters consensus estimate of $3.98. The company issued revenue guidance of $1.105-1.055 billion, compared to the consensus revenue estimate of $1.08 billion. What price target have analysts set for CONE? 16 equities research analysts have issued 1 year price targets for CyrusOne's stock. Their forecasts range from $62.00 to $82.00. On average, they expect CyrusOne's stock price to reach $72.89 in the next twelve months. This suggests a possible upside of 14.2% from the stock's current price. View analysts' price targets for CyrusOne. Has CyrusOne been receiving favorable news coverage? Media coverage about CONE stock has trended very negative recently, according to InfoTrie. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. CyrusOne earned a news impact score of -3.3 on InfoTrie's scale. They also gave media coverage 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 impact on the stock's share price in the next several days. View the latest news aboutCyrusOne. Who are some of CyrusOne's key competitors? 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), Hudson Pacific Properties (HPP), Highwoods Properties (HIW), SL Green Realty (SLG), Corporate Office Properties Trust (OFC), Piedmont Office Realty Trust (PDM), Brandywine Realty Trust (BDN), Mack Cali Realty (CLI) and Franklin Street Properties (FSP). 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), Micron Technology (MU), AbbVie (ABBV), Alibaba Group (BABA), salesforce.com (CRM), Prologis (PLD), Bank of America (BAC) and Walt Disney (DIS). 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 retail and institutional investors. Top institutional investors include Grassi Investment Management (0.11%), Spirit of America Management Corp NY (0.04%), State of Alaska Department of Revenue (0.04%), Pensionfund Sabic (0.02%) and Lake Street Financial LLC (0.01%). Company insiders that own CyrusOne stock include 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 Spirit of America Management Corp NY, Grassi Investment Management, and Lake Street Financial LLC. Company insiders that have sold CyrusOne company stock in the last year include Gary J Wojtaszek, Kevin L Timmons, Mark Skomal, and Robert M Jackson. View insider buying and selling activity for CyrusOne. Which major investors are buying CyrusOne stock? CONE stock was purchased by a variety of institutional investors in the last quarter, including Pensionfund Sabic, and State of Alaska Department of Revenue. 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 $63.82. How big of a company is CyrusOne? CyrusOne has a market capitalization of $7.34 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. View additional information about CyrusOne. 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 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 4/9/2020 by MarketBeat.com StaffFeatured Article: How accurate is the Rule of 72?
