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NASDAQ:CONE - CyrusOne Stock Price, Forecast & News

$57.84
+1.75 (+3.12 %)
(As of 03/29/2020 01:02 AM ET)
Today's Range
$53.16
Now: $57.84
$58.96
50-Day Range
$45.07
MA: $59.93
$69.60
52-Week Range
$43.72
Now: $57.84
$79.73
Volume990,729 shs
Average Volume1.96 million shs
Market Capitalization$6.65 billion
P/E Ratio148.31
Dividend Yield3.57%
Beta0.43
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.
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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryOffice REITs
SectorFinance
Current SymbolNASDAQ:CONE
CUSIP23283R10
Phone972-350-0060

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$981.30 million
Cash Flow$3.85 per share
Book Value$21.51 per share

Profitability

Net Income$41.40 million

Miscellaneous

Employees448
Market Cap$6.65 billion
Next Earnings Date5/6/2020 (Estimated)
OptionableOptionable

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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 reached pandemic status according to the World Health Organization. Since then, CONE stock has increased by 3.5% and is now trading at $57.84. View which stocks have been mosted 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, May 6th 2020. View our earnings forecast for CyrusOne.

How were CyrusOne's earnings last quarter?

CyrusOne Inc (NASDAQ:CONE) released its quarterly earnings results on Wednesday, October, 30th. The real estate investment trust reported $0.14 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.89 by $0.75. The real estate investment trust had revenue of $250.90 million for the quarter, compared to the consensus estimate of $247.81 million. CyrusOne had a net margin of 4.22% and a return on equity of 4.62%. The company's revenue was up 21.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.79 earnings per share. 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, 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 annualized dividend and a dividend yield of 3.46%. The ex-dividend date of this dividend is Thursday, March 26th. View CyrusOne's dividend history.

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

CyrusOne issued an update on 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 earnings per share 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 brokerages have issued 12-month price objectives for CyrusOne's shares. Their forecasts range from $62.00 to $82.00. On average, they anticipate CyrusOne's stock price to reach $72.89 in the next year. This suggests a possible upside of 26.0% from the stock's current price. View analysts' price targets for CyrusOne.

Has CyrusOne been receiving favorable news coverage?

Media headlines about CONE stock have been trending very negative recently, according to InfoTrie Sentiment. The research firm rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. CyrusOne earned a daily sentiment score of -3.0 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutCyrusOne.

Are investors shorting CyrusOne?

CyrusOne saw a decline in short interest during the month of February. As of February 14th, there was short interest totaling 3,680,000 shares, a decline of 14.0% from the January 30th total of 4,280,000 shares. Based on an average daily volume of 1,190,000 shares, the days-to-cover ratio is presently 3.1 days. Currently, 3.3% of the company's shares are short sold. View CyrusOne's Current Options Chain.

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), Enterprise Products Partners (EPD), Micron Technology (MU), AbbVie (ABBV), Prologis (PLD), Alibaba Group (BABA), salesforce.com (CRM), 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 variety of retail and institutional investors. Top institutional investors include Cohen & Steers Inc. (6.89%), State Street Corp (3.64%), Nuveen Asset Management LLC (3.58%), Principal Financial Group Inc. (2.60%), Bank of America Corp DE (2.46%) and Brookfield Public Securities Group LLC (1.55%). 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 institutional investors are selling CyrusOne stock?

CONE stock was sold by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., Daiwa Securities Group Inc., State Street Corp, Russell Investments Group Ltd., Victory Capital Management Inc., Prudential Financial Inc., Victory Capital Management Inc., and Amundi Pioneer Asset Management Inc.. Company insiders that have sold CyrusOne company stock in the last year include Gary J Wojtaszek, Kevin L Timmons, and Mark Skomal. View insider buying and selling activity for CyrusOne.

Which institutional investors are buying CyrusOne stock?

CONE stock was acquired by a variety of institutional investors in the last quarter, including Jefferies Group LLC, Brookfield Public Securities Group LLC, Norges Bank, Bank of Montreal Can, Pictet Asset Management Ltd., Janus Henderson Group PLC, Nuveen Asset Management LLC, and Renaissance Technologies 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.

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 $57.84.

How big of a company is CyrusOne?

CyrusOne has a market capitalization of $6.65 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.


MarketBeat Community Rating for CyrusOne (NASDAQ CONE)

Community Ranking:  3.2 out of 5 (star star star)
Outperform Votes:  683 (Vote Outperform)
Underperform Votes:  385 (Vote Underperform)
Total Votes:  1,068
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.
This page was last updated on 3/29/2020 by MarketBeat.com Staff

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