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 32.5% and is now trading at $74.00. 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 Inc (NASDAQ:CONE) posted its earnings results on Wednesday, April, 29th. The real estate investment trust reported $0.13 earnings per share (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 firm posted $0.82 EPS. View CyrusOne's earnings history.

CyrusOne declared a quarterly dividend on Friday, May 1st. Shareholders 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 annualized dividend and a yield of 2.70%. The ex-dividend date of this dividend is Thursday, June 25th. View CyrusOne's dividend history.

CyrusOne issued an update on its FY20 earnings guidance on Wednesday, April, 29th. The company provided EPS guidance of $3.75-3.90 for the period, compared to the Thomson Reuters consensus EPS 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 12 month target prices for CyrusOne's stock. Their forecasts range from $70.00 to $82.00. On average, they expect CyrusOne's share price to reach $77.20 in the next year. This suggests a possible upside of 4.3% from the stock's current price. View analysts' price targets for CyrusOne.

News headlines about CONE stock have trended extremely negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. CyrusOne earned a media sentiment score of -5.0 on InfoTrie's scale. They also assigned news headlines about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the immediate future. View the latest news aboutCyrusOne.

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), Highwoods Properties (HIW), Hudson Pacific Properties (HPP), SL Green Realty (SLG), 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 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 a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.95%), Cohen & Steers Inc. (4.13%), State Street Corp (3.67%), Nuveen Asset Management LLC (2.79%), Invesco Ltd. (2.21%) and Principal Financial Group Inc. (2.11%). 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 sold by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., Deutsche Bank AG, Nuveen Asset Management LLC, Russell Investments Group Ltd., Principal Financial Group Inc., Cbre Clarion Securities LLC, APG Asset Management US Inc., and UBS Group AG. Company insiders that have sold CyrusOne company stock in the last year include Diane M Morefield, Gary J Wojtaszek, Kevin L Timmons, Mark Skomal, Michael Klayko, and Robert M Jackson. View insider buying and selling activity for CyrusOne.

CONE stock was acquired by a variety of institutional investors in the last quarter, including Pictet Asset Management Ltd., Invesco Ltd., Morgan Stanley, Morgan Stanley, Resolution Capital Ltd, PGGM Investments, Balyasny Asset Management LLC, and Securian Asset Management Inc. 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 $74.00.

CyrusOne has a market capitalization of $8.52 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.