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 stock has increased by 47.2% and is now trading at $82.23.
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18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CyrusOne in the last year. There are currently 7 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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CyrusOne is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
View our earnings forecast for CyrusOne.

CyrusOne Inc (NASDAQ:CONE) issued its quarterly earnings results on Wednesday, July, 29th. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.93 by $0.54. The real estate investment trust had revenue of $256.40 million for the quarter, compared to analyst estimates of $251.59 million. CyrusOne had a net margin of 2.01% and a return on equity of 3.32%. The company's revenue for the quarter was up 1.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.90 EPS.
View CyrusOne's earnings history.

CyrusOne declared a quarterly dividend on Wednesday, July 29th. Investors of record on Friday, September 25th will be paid a dividend of $0.51 per share on Friday, October 9th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 2.48%. The ex-dividend date of this dividend is Thursday, September 24th. This is a positive change from CyrusOne's previous quarterly dividend of $0.50.
View CyrusOne's dividend history.

CyrusOne issued an update on its FY20 earnings guidance on Wednesday, July, 29th. The company provided EPS guidance of $3.75-3.90 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.84. The company issued revenue guidance of $1.01-1.045 billion, compared to the consensus revenue estimate of $1.03 billion.

18 equities research analysts have issued 1-year price targets for CyrusOne's shares. Their forecasts range from $70.00 to $95.00. On average, they anticipate CyrusOne's share price to reach $81.89 in the next twelve months. This suggests that the stock has a possible downside of 0.4%.
View analysts' price targets for CyrusOne.

News headlines about CONE stock have been trending extremely negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. CyrusOne earned a daily sentiment score of -4.1 on InfoTrie's scale. They also assigned media headlines about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the immediate future.
View the latest news about CyrusOne.

CyrusOne saw a increase in short interest during the month of June. As of June 15th, there was short interest totaling 6,390,000 shares, an increase of 14.7% from the May 31st total of 5,570,000 shares. Based on an average trading volume of 1,380,000 shares, the short-interest ratio is currently 4.6 days.
View CyrusOne's Short Interest.

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), SL Green Realty (SLG), Equity Commonwealth (EQC), Hudson Pacific Properties (HPP), Corporate Office Properties Trust (OFC), Piedmont Office Realty Trust (PDM), Brandywine Realty Trust (BDN), Mack Cali Realty (CLI) and Franklin Street Properties (FSP).
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Based on aggregate information from My MarketBeat watchlists, some companies that other CyrusOne investors own include NVIDIA (NVDA), AT&T (T), Micron Technology (MU), Enterprise Products Partners (EPD), Alibaba Group (BABA), AbbVie (ABBV), salesforce.com (CRM), Prologis (PLD), QUALCOMM (QCOM) and Bank of America (BAC).

CyrusOne trades on the NASDAQ under the ticker symbol "CONE."

CyrusOne's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Principal Financial Group Inc. (4.35%), Goldman Sachs Group Inc. (2.14%), PGGM Investments (1.64%), Resolution Capital Ltd (1.24%), Bank of New York Mellon Corp (1.07%) and Cbre Clarion Securities LLC (1.06%). 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.

CONE stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Prudential Financial Inc., Bank of New York Mellon Corp, Cbre Clarion Securities LLC, Bank of Montreal Can, Victory Capital Management Inc., Raymond James Financial Services Advisors 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 Principal Financial Group Inc., PGGM Investments, Resolution Capital Ltd, Russell Investments Group Ltd., Kornitzer Capital Management Inc. KS, Hancock Whitney Corp, Boston Trust Walden Corp, and Pacer Advisors 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 $82.23.

CyrusOne has a market capitalization of $9.61 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.