NASDAQ:CONE

CyrusOne Stock Forecast, Price & News

$73.39

+1.07 (+1.48 %)

(As of 01/26/2021 12:00 AM ET)

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Today's Range

$72.43

Now: $73.39▼

$74.18

50-Day Range

$65.65

MA: $70.67▼

$74.60

52-Week Range

$43.72

Now: $73.39▼

$86.77

Volume505,074 shs

Average Volume688,305 shs

Market Capitalization$8.84 billion

P/E RatioN/A

Dividend Yield2.82%

Beta0.46

CyrusOne (NASDAQ: CONE) is a premier global REIT specializing in design, construction and operation of more than 50 high-performance data centers worldwide. The Company provides mission-critical facilities that ensure the continued operation of IT infrastructure for approximately 1,000 customers, including approximately 200 Fortune 1000 companies. A leader in hybrid-cloud and multi-cloud deployments, CyrusOne offers colocation, hyperscale, and build-to-suit environments that help customers enhance the strategic connection of their essential data infrastructure and support achievement of sustainability goals. CyrusOne data centers offer world-class flexibility, enabling clients to modernize, simplify, and rapidly respond to changing demand. Combining exceptional financial strength with a broad global footprint, CyrusOne provides customers with long-term stability and strategic advantage at scale.

MarketRank^™

Overall MarketRank^™

2.46 out of 5 stars

Finance Sector

41st out of 1,936 stocks

Real Estate Investment Trusts Industry

10th out of 273 stocks

2.3 Analyst's Opinion

Consensus Rating
CyrusOne has received a consensus rating of Buy. The company's average rating score is 2.69, and is based on 11 buy ratings, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $82.44, CyrusOne has a forecasted upside of 12.3% from its current price of $73.39.
Amount of Analyst Coverage
CyrusOne has only been the subject of 3 research reports in the past 90 days.

3.1 Community Rank

Outperform Votes
CyrusOne has received 706 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
CyrusOne has received 422 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
CyrusOne has received 62.59% “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.

3.3 Dividend Strength

Dividend Yield
CyrusOne pays a meaningful dividend of 2.82%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
CyrusOne has been increasing its dividend for 7 years.
Dividend Coverage
The dividend payout ratio of CyrusOne is 56.20%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, CyrusOne will have a dividend payout ratio of 50.75% next year. This indicates that CyrusOne will be able to sustain or increase its dividend.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, CyrusOne insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.55% of the stock of CyrusOne is held by insiders.
Percentage Held by Institutions
98.33% of the stock of CyrusOne is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for CyrusOne are expected to grow by 3.88% in the coming year, from $3.87 to $4.02 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of CyrusOne is -282.26, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of CyrusOne is -282.26, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
CyrusOne has a PEG Ratio of 0.81. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
CyrusOne has a P/B Ratio of 3.41. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Real estate investment trusts

Sub-IndustryOffice REITs

SectorFinance

Current SymbolNASDAQ:CONE

Previous Symbol

CUSIP23283R10

CIK1553023

Webwww.cyrusone.com

Phone972-350-0060

Employees452

Year FoundedN/A

Debt

Debt-to-Equity Ratio1.24

Current Ratio1.48

Quick Ratio1.48

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio18.96

P/E Growth0.81

Sales & Book Value

Annual Sales$981.30 million

Price / Sales9.01

Cash Flow$3.78 per share

Price / Cash Flow19.40

Book Value$21.51 per share

Price / Book3.41

Profitability

EPS (Most Recent Fiscal Year)$3.63

Net Income$41.40 million

Net Margins-2.91%

Return on Equity1.23%

Return on Assets0.47%

Miscellaneous

Outstanding Shares120,423,000

Market Cap$8.84 billion

Next Earnings Date2/17/2021 (Confirmed)

OptionableOptionable

$73.39

+1.07 (+1.48 %)

(As of 01/26/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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CyrusOne (NASDAQ:CONE) Frequently Asked Questions

How has CyrusOne's stock been impacted by Coronavirus?

CyrusOne's stock was trading at $55.86 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CONE stock has increased by 31.4% and is now trading at $73.39.
View which stocks have been most impacted by COVID-19.

Is CyrusOne a buy right now?

16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CyrusOne in the last year. There are currently 5 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CyrusOne stock.
View analyst ratings for CyrusOne or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than CyrusOne?

Wall Street analysts have given CyrusOne a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but CyrusOne wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is CyrusOne's next earnings date?

CyrusOne is scheduled to release its next quarterly earnings announcement on Wednesday, February 17th 2021.
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, February 17th 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) posted its quarterly earnings data on Wednesday, October, 28th. The real estate investment trust reported ($0.32) EPS for the quarter, missing the consensus estimate of $0.91 by $1.23. CyrusOne had a negative net margin of 2.91% and a positive trailing twelve-month return on equity of 1.23%.
View CyrusOne's earnings history.

How often does CyrusOne pay dividends? What is the dividend yield for CyrusOne?

CyrusOne declared a quarterly dividend on Wednesday, October 28th. Stockholders of record on Monday, January 4th will be given a dividend of $0.51 per share on Friday, January 8th. This represents a $2.04 annualized dividend and a yield of 2.78%. The ex-dividend date is Friday, January 1st.
View CyrusOne's dividend history.

Is CyrusOne a good dividend stock?

CyrusOne pays an annual dividend of $2.04 per share and currently has a dividend yield of 2.82%. CyrusOne has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of CyrusOne is 56.20%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CyrusOne will have a dividend payout ratio of 50.75% next year. This indicates that CyrusOne will be able to sustain or increase its dividend.
View CyrusOne's dividend history.

What price target have analysts set for CONE?

16 brokers have issued 12 month price objectives for CyrusOne's stock. Their forecasts range from $70.00 to $95.00. On average, they anticipate CyrusOne's share price to reach $82.44 in the next twelve months. This suggests a possible upside of 12.3% from the stock's current price.
View analysts' price targets for CyrusOne or view Wall Street analyst' top-rated stocks.

Who are some of CyrusOne's key competitors?

Some companies that are related to CyrusOne include Digital Realty Trust (DLR), Alexandria Real Estate Equities (ARE), Boston Properties (BXP), Kilroy Realty (KRC), CoreSite Realty (COR), Douglas Emmett (DEI), SL Green Realty (SLG), Highwoods Properties (HIW), Hudson Pacific Properties (HPP), Equity Commonwealth (EQC), 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 of CONE's 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 NVIDIA (NVDA), AT&T (T), Micron Technology (MU), AbbVie (ABBV), Enterprise Products Partners (EPD), salesforce.com (CRM), Alibaba Group (BABA), Prologis (PLD), QUALCOMM (QCOM) and The Walt Disney (DIS).

Who are CyrusOne's key executives?

CyrusOne's management team includes the following people:

Mr. Robert M. Jackson, Exec. VP, Gen. Counsel & Sec. (Age 53, Pay $956.22k)
Ms. Diane M. Morefield CPA, Consultant (Age 62, Pay $1.28M)
Mr. Bruce W. Duncan, Pres, CEO & Director (Age 69)
Ms. Katherine Motlagh, Exec. VP & CFO
Mr. John Hatem, Exec. VP & COO (Age 46)
Mr. Mark E. Skomal, Sr. VP & Chief Accounting Officer (Age 61)
Mr. Bill Williams, Chief Information Officer
Mr. Michael Schafer, VP, Capital Markets & Investor Relations
Mr. Brent Behrman, Exec. VP of Sales (Age 51)
Mr. Jonathan Adam Schildkraut Esq., J.D., Exec. VP & Chief Strategy Officer

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 variety of retail and institutional investors. Top institutional investors include Pacer Advisors Inc. (0.58%), Pinnacle Associates Ltd. (0.38%), Retirement Systems of Alabama (0.31%), Strs Ohio (0.17%), Boston Trust Walden Corp (0.14%) and New York State Teachers Retirement System (0.12%). Company insiders that own CyrusOne stock include Diane M Morefield, Gary J Wojtaszek, Kevin L Timmons, Mark Skomal, Michael Klayko and Robert M Jackson.
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 Pinnacle Associates Ltd., First American Bank, First Hawaiian Bank, Raymond James Trust N.A., Grassi Investment Management, Rothschild Investment Corp IL, and Spectrum Asset Management Inc. NB CA. Company insiders that have sold CyrusOne company stock in the last year include Diane M Morefield, Kevin L Timmons, Michael Klayko, and Robert M Jackson.
View insider buying and selling activity for CyrusOne or view top insider-selling stocks.

Which major investors are buying CyrusOne stock?

CONE stock was purchased by a variety of institutional investors in the last quarter, including Pacer Advisors Inc., Boston Trust Walden Corp, Janney Montgomery Scott LLC, Capital Investment Advisors LLC, Retirement Systems of Alabama, Trust Co. of Toledo NA OH, Nisa Investment Advisors LLC, and Garrett Investment Advisors LLC. 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 or or view top insider-buying stocks.

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 WeBull, 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 $73.39.

How big of a company is CyrusOne?

CyrusOne has a market capitalization of $8.84 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 452 workers across the globe.

What is CyrusOne's official website?

The official website for CyrusOne is 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 1/27/2021 by MarketBeat.com Staff

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