CyrusOne Inc (CONE)

Mar 25, 2021 - CONE was delisted (reason: acquired by KKR and GIP)
89.84
+0.03 (0.03%)
At close: Mar 24, 2022 4:00 PM
90.48
+0.64 (0.71%)
After-hours: Mar 24, 2022 7:43 PM EDT
0.03%
Market Cap 11.78B
Revenue (ttm) 1.21B
Net Income (ttm) 25.30M
Shares Out 131.15M
EPS (ttm) 0.20
PE Ratio 449.20
Forward PE 454.55
Dividend $2.07 (2.30%)
Ex-Dividend Date Mar 25, 2022
Volume n/a
Open 90.33
Previous Close 89.81
Day's Range 89.84 - 90.36
52-Week Range 67.85 - 90.49
Beta 0.38
Analysts Hold
Price Target 91.25 (+1.6%)
Earnings Date Apr 26, 2022

About CONE

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 dat... [Read more...]

Industry Equity Real Estate Investment Trusts (REITs)
CEO Venkatesh Durvasula
Employees 456
Stock Exchange NASDAQ
Ticker Symbol CONE
Full Company Profile

Financial Performance

In 2021, CyrusOne's revenue was $1.21 billion, an increase of 16.66% compared to the previous year's $1.03 billion. Earnings were $25.30 million, a decrease of -38.89%.

Financial Statements

Analyst Forecast

According to 22 analysts, the average rating for CONE stock is "Hold." The 12-month stock price forecast is 91.25, which is an increase of 1.57% from the latest price.

Price Target
$91.25
(1.57% upside)
Analyst Consensus: Hold
Stock Forecasts

News

CyrusOne Partners with AIT Electronic Recycling Solutions to Provide Comprehensive E-Waste Recycling Program

DALLAS--(BUSINESS WIRE)--CyrusOne, a leading global data center developer and operator specializing in delivering state-of-the-art digital infrastructure solutions, today announced a partnership with AI...

KKR and GIP Complete Acquisition of CyrusOne

DALLAS--(BUSINESS WIRE)--CyrusOne Inc. (NASDAQ: CONE) (the “Company” or “CyrusOne”) today announced the completion of its acquisition by funds managed by KKR, a leading global investment firm, and Globa...

CyrusOne (CONE) is a Top Dividend Stock Right Now: Should You Buy?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does CyrusOne (CONE) have what it takes?

CyrusOne Closes Houston Asset Divestiture

DALLAS--(BUSINESS WIRE)--CyrusOne Inc. (NASDAQ: CONE) (“CyrusOne”), a premier global data center REIT, today announced it has closed the previously announced sale of its four Houston data center assets ...

Are You Looking for a High-Growth Dividend Stock? CyrusOne (CONE) Could Be a Great Choice

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does CyrusOne (CONE) have what it takes?

CyrusOne (CONE) Lags Q4 FFO Estimates

CyrusOne (CONE) delivered FFO and revenue surprises of -5.83% and 4.65%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

CyrusOne Reports Fourth Quarter and Full Year 2021 Earnings

DALLAS--(BUSINESS WIRE)--CyrusOne Inc. (NASDAQ: CONE), a premier global data center REIT, today announced fourth quarter and full year 2021 earnings. Highlights Category 4Q'21 vs. 4Q'20 FY'21 vs. FY'20 ...

CyrusOne Announces Sustainability Milestones at Global Headquarters

DALLAS--(BUSINESS WIRE)--CyrusOne Inc. (NASDAQ: CONE), a premier global data center real estate investment trust (REIT), today announced it has achieved 100% renewable power at the company's Dallas, TX ...

CyrusOne Announces New Leadership in Northern Virginia to Support Public Sector Growth

DALLAS--(BUSINESS WIRE)--CyrusOne Inc. (NASDAQ: CONE), a premier global data center real estate investment trust (REIT), today announced that Anthony Rizzo has been hired to serve as Vice President, Pub...

CyrusOne Inc. Schedules Fourth Quarter 2021 Earnings Release

DALLAS--(BUSINESS WIRE)--CyrusOne Inc. (NASDAQ:CONE), a premier global data center REIT, today announced that it will issue results for the fourth quarter 2021 after the market closes on Wednesday, Febr...

CyrusOne Stockholders Approve Acquisition by KKR and Global Infrastructure Partners

DALLAS--(BUSINESS WIRE)--CyrusOne Inc. (NASDAQ: CONE) (the “Company” or “CyrusOne”), a premier global data center REIT, today announced its stockholders approved the previously announced merger pursuant...

CyrusOne Inc. Announces Tax Allocations of 2021 Distributions

DALLAS--(BUSINESS WIRE)--CyrusOne Inc. (NASDAQ: CONE), a premier global data center REIT, today announced the tax allocations of 2021 distributions on shares of its common stock. The allocation of the 2...

CyrusOne Embraces Environmental Transparency by Disclosing Through CDP

DALLAS--(BUSINESS WIRE)--CyrusOne Inc. (NASDAQ: CONE), a premier global data center real estate investment trust (REIT), today announced that it has enhanced the company's commitment to environmental tr...

CyrusOne Inc. Announces Execution of Definitive Agreement to Divest Houston Assets

DALLAS--(BUSINESS WIRE)--CyrusOne Inc. (NASDAQ: CONE), a premier global data center REIT, announced today it has entered into a definitive agreement with DataBank Holdings Ltd. (“DataBank”) for the sale...

Why Real Estate Investors Should Shift Their Gaze to Data Centers

Major money is shrinking the field, but choices are still there for this high-barriers-to-entry sector.

Other symbols: AMTBXDLRIRMSWCH

SHAREHOLDER ALERT: WeissLaw LLP Investigates CyrusOne Inc.

NEW YORK, Jan. 12, 2022 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of CyrusOne Inc. ("CyrusOne" or the "Compa...

CyrusOne (CONE) Soars to 52-Week High, Time to Cash Out?

CyrusOne (CONE) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Investors of an Investigation into the Fairness of the Merger of Cyr...

NEW YORK, Dec. 20, 2021 /PRNewswire/ -- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased CyrusOne Inc. (NASDAQ: CONE) ("CyrusOne" or the "Compa...

CyrusOne Signs CEO Action for Diversity & Inclusion Pledge

DALLAS--(BUSINESS WIRE)--CyrusOne Inc. (NASDAQ: CONE), a premier global data center real estate investment trust (REIT), announced that it has joined the CEO Action for Diversity & Inclusion™ pledge. Th...

What Should CyrusOne and CoreSite Shareholders Do Now?

Now that these data center REITs have agreed to be acquired, what should their investors do with their shares?

2 Big Data Center Acquisitions and What Investors Need to Know

It's been an active time for M&A in the data center business.

Other symbols: AAPL

SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of CyrusOne Inc. - CONE

NEW YORK, Nov. 23, 2021 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018-2020 ISS Securities Class Action...

CYRUSONE INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of ...

NEW ORLEANS, Nov. 17, 2021 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

CyrusOne Publishes 2021 Sustainability Report

DALLAS--(BUSINESS WIRE)--CyrusOne Inc. (NASDAQ: CONE), a premier global data center real estate investment trust (REIT), published its 2021 Sustainability Report, focusing on the company's commitments t...

Top Real Estate News for Tuesday, Nov. 16, 2021: Data Center REIT Sales Continue

Another data center REIT is sold, Rivien eyes Georgia, and reasons to believe real estate prices could continue rising -- or not.