NASDAQ:CONE

CyrusOne Stock Forecast, Price & News

$69.34
-3.66 (-5.01 %)
(As of 06/17/2021 12:00 AM ET)
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Today's Range
$68.85
$71.56
50-Day Range
$68.07
$82.15
52-Week Range
$61.64
$86.77
Volume4.10 million shs
Average Volume857,463 shs
Market Capitalization$8.50 billion
P/E Ratio187.41
Dividend Yield2.79%
Beta0.41
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CyrusOne logo

About CyrusOne

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.

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MarketRank

Overall MarketRank

2.42 out of 5 stars

Finance Sector

29th out of 1,974 stocks

Real Estate Investment Trusts Industry

4th out of 275 stocks

Analyst Opinion: 3.2Community Rank: 3.1Dividend Strength: 3.3Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -
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CyrusOne (NASDAQ:CONE) Frequently Asked Questions

Is CyrusOne a buy right now?

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CyrusOne in the last twelve months. There are currently 1 sell rating, 7 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CyrusOne stock. 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 analyst ratings for CyrusOne
or view top-rated stocks.

What stocks does MarketBeat like better than CyrusOne?

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

Are investors shorting CyrusOne?

CyrusOne saw a decline in short interest in the month of May. As of May 28th, there was short interest totaling 3,540,000 shares, a decline of 24.8% from the May 13th total of 4,710,000 shares. Based on an average daily volume of 810,000 shares, the days-to-cover ratio is currently 4.4 days. Approximately 2.9% of the company's shares are short sold.
View CyrusOne's Short Interest
.

When is CyrusOne's next earnings date?

CyrusOne is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for CyrusOne
.

How were CyrusOne's earnings last quarter?

CyrusOne Inc. (NASDAQ:CONE) posted its earnings results on Tuesday, April, 27th. The real estate investment trust reported $0.15 EPS for the quarter, missing the consensus estimate of $0.98 by $0.83. The real estate investment trust earned $298.60 million during the quarter, compared to analyst estimates of $271.57 million. CyrusOne had a net margin of 4.13% and a trailing twelve-month return on equity of 1.75%. The company's revenue was up 21.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.97 earnings per share.
View CyrusOne's earnings history
.

How has CyrusOne's stock been impacted by COVID-19?

CyrusOne's stock was trading at $55.86 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CONE stock has increased by 24.1% and is now trading at $69.34.
View which stocks have been most impacted by COVID-19
.

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

CyrusOne declared a quarterly dividend on Wednesday, April 28th. Investors of record on Friday, June 25th will be given a dividend of $0.51 per share on Friday, July 9th. This represents a $2.04 dividend on an annualized basis and a yield of 2.94%. The ex-dividend date is Thursday, June 24th.
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 2.79%. 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 52.31%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CyrusOne will have a dividend payout ratio of 47.66% next year. This indicates that CyrusOne will be able to sustain or increase its dividend.
View CyrusOne's dividend history.

What guidance has CyrusOne issued on next quarter's earnings?

CyrusOne issued an update on its FY 2021 earnings guidance on Wednesday, May, 5th. The company provided earnings per share guidance of 3.900-4.000 for the period. The company issued revenue guidance of $1.14 billion-$1.18 billion, compared to the consensus revenue estimate of $1.13 billion.

What price target have analysts set for CONE?

13 brokers have issued 12 month target prices for CyrusOne's stock. Their forecasts range from $70.00 to $92.00. On average, they anticipate CyrusOne's stock price to reach $82.33 in the next year. This suggests a possible upside of 18.7% from the stock's current price.
View analysts' price targets for CyrusOne
or view top-rated stocks among Wall Street analysts.

Who are CyrusOne's key executives?

CyrusOne's management team includes the following people:
  • Mr. Bruce W. Duncan, Pres, CEO & Director (Age 69, Pay $1.08M)
  • Ms. Katherine Motlagh, Exec. VP & CFO (Age 47, Pay $492.15k)
  • Mr. John P. Hatem, Exec. VP & COO (Age 46, Pay $574.95k)
  • Mr. Robert M. Jackson, Exec. VP, Gen. Counsel & Sec. (Age 53, Pay $871.52k)
  • 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
  • Mr. Matthew Pullen, Exec. VP & MD of Europe (Age 53)

Who are some of CyrusOne's key 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).

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 many different institutional and retail investors. Top institutional investors include Cohen & Steers Inc. (16.70%), BlackRock Inc. (11.69%), Daiwa Securities Group Inc. (3.88%), Nuveen Asset Management LLC (3.32%), Principal Financial Group Inc. (3.22%) and Morgan Stanley (1.73%). Company insiders that own CyrusOne stock include David H Ferdman, Diane M Morefield, Gary J Wojtaszek, Kevin L Timmons, Mark Skomal, Michael Klayko and Robert M Jackson.
View institutional ownership trends for CyrusOne
.

Which institutional investors are selling CyrusOne stock?

CONE stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Morgan Stanley, PGGM Investments, Great West Life Assurance Co. Can, Principal Financial Group Inc., Brookfield Asset Management Inc., Davide Leone & Partners Investment Co Ltd., and Cbre Clarion Securities LLC. Company insiders that have sold CyrusOne company stock in the last year include David H Ferdman, and Kevin L Timmons.
View insider buying and selling activity for CyrusOne
or view top insider-selling stocks.

Which institutional investors are buying CyrusOne stock?

CONE stock was bought by a variety of institutional investors in the last quarter, including Royal Bank of Canada, Centersquare Investment Management LLC, Nuveen Asset Management LLC, Jana Partners LLC, Long Pond Capital LP, Price T Rowe Associates Inc. MD, BlackRock Inc., and Cohen & Steers Inc..
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.
Compare Top Brokerages Here.

What is CyrusOne's stock price today?

One share of CONE stock can currently be purchased for approximately $69.34.

How much money does CyrusOne make?

CyrusOne has a market capitalization of $8.50 billion and generates $1.03 billion in revenue each year. The real estate investment trust earns $41.40 million in net income (profit) each year or $3.90 on an earnings per share basis.

How many employees does CyrusOne have?

CyrusOne employs 441 workers across the globe.

What is CyrusOne's official website?

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

Where are CyrusOne's headquarters?

CyrusOne is headquartered at 2850 N. Harwood Street Suite 2200, DALLAS TX, 75201.

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 or via email at [email protected]


This page was last updated on 6/18/2021 by MarketBeat.com Staff
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