CyrusOne Stock Forecast, Price & News

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 22.6% and is now trading at $68.51.
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17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CyrusOne in the last year. There are currently 6 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for CyrusOne or view MarketBeat's top 5 stock picks.

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CyrusOne is scheduled to release its next quarterly earnings announcement on Wednesday, February 17th 2021.
View our earnings forecast for CyrusOne.

CyrusOne Inc. (NASDAQ:CONE) announced its quarterly earnings results on Wednesday, October, 28th. The real estate investment trust reported ($0.32) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.91 by $1.23. CyrusOne had a negative net margin of 2.91% and a positive return on equity of 1.23%.
View CyrusOne's earnings history.

CyrusOne declared a quarterly dividend on Wednesday, October 28th. Stockholders of record on Monday, January 4th will be paid a dividend of $0.51 per share on Friday, January 8th. This represents a $2.04 dividend on an annualized basis and a yield of 2.98%. The ex-dividend date of this dividend is Friday, January 1st.
View CyrusOne's dividend history.

CyrusOne issued an update on its fourth quarter earnings guidance on Wednesday, October, 28th. The company provided EPS guidance of $0.84-0.94 for the period, compared to the Thomson Reuters consensus estimate of $0.96. The company issued revenue guidance of $255-270 million, compared to the consensus revenue estimate of $266.15 million.

17 equities research analysts have issued 12 month price targets for CyrusOne's shares. Their forecasts range from $70.00 to $95.00. On average, they expect CyrusOne's share price to reach $82.44 in the next year. This suggests a possible upside of 20.3% from the stock's current price.
View analysts' price targets for CyrusOne.

Some companies that are related to CyrusOne include Digital Realty Trust (DLR), Alexandria Real Estate Equities (ARE), Boston Properties (BXP), Kilroy Realty (KRC), Douglas Emmett (DEI), CoreSite Realty (COR), 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).
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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), AbbVie (ABBV), Enterprise Products Partners (EPD), salesforce.com (CRM), Alibaba Group (BABA), Prologis (PLD), QUALCOMM (QCOM) and The Walt Disney (DIS).

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

CyrusOne's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.24%), Principal Financial Group Inc. (4.06%), State Street Corp (3.22%), Daiwa Securities Group Inc. (2.95%), Nuveen Asset Management LLC (2.59%) and PGGM Investments (1.75%). 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 BlackRock Inc., State Street Corp, Principal Financial Group Inc., Westpac Banking Corp, Vaughan Nelson Investment Management L.P., Duff & Phelps Investment Management Co., Raymond James & Associates, and ExodusPoint Capital Management LP. Company insiders that have sold CyrusOne company stock in the last year include Diane M Morefield, Gary J Wojtaszek, Kevin L Timmons, Michael Klayko, and Robert M Jackson.
View insider buying and selling activity for CyrusOne.

CONE stock was bought by a variety of institutional investors in the last quarter, including Daiwa Securities Group Inc., CIBC Private Wealth Group LLC, Nuveen Asset Management LLC, JPMorgan Chase & Co., Morgan Stanley, Great West Life Assurance Co. Can, Sei Investments Co., and Point72 Asset Management L.P.. 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 $68.51.

CyrusOne has a market capitalization of $8.25 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.

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.