CyrusOne, Inc. | REIT Profile
Symbol: CONE
CIK: 1553023
Exchange: NASDAQ
Founded: 2001 (21 years)
HQ: Dallas, TX, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Large-Cap
REIT Sector: Data Centers
See CONE on Google Finance
See CONE on Yahoo Finance
See CONE on SEC.gov
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See score breakdown | See trend
REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. Learn More
Stock Chart
See in Advanced Graph ViewHightlights of Trading Day January 14, 2022
Closing Price: $89.34
Price Change: -0.02 (-0.022%)
Lowest Price: $89.25
Highest Price: $89.43
52-Week Low: $59.99
52-Week High: $89.96
52-Week Change: 30.59%
5 Day Price Change: 0.01%
1 Month Price Change: 0.43%
3 Month Price Change: 17.95%
6 Month Price Change: 23.09%
YTD Price Change: -0.40%
1 Year Price Change: 29.82%
2 Year Price Change: 51.11%
5 Year Price Change: 112.73%
Dividend of Trading Day January 14, 2022
Annualized Dividend: $2.08*
Dividend Yield (TTM): 2.284%
Annualized Dividend (TTM): $2.0408
Ex-Dividend Date: 2021-12-31
Dividend Frequency: Quarterly
*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.
Latest News Headlines
- CyrusOne Signs CEO Action for Diversity & Inclusion Pledge - Thu, 09 Dec 2021 14:03:33 UTC
- CyrusOne to be Acquired by KKR and Global Infrastructure Partners in $15 Billion Transaction - Mon, 15 Nov 2021 12:03:49 UTC
- CyrusOne Reports Third Quarter 2021 Earnings - Wed, 27 Oct 2021 20:06:41 UTC
- CyrusOne Reports Second Quarter 2021 Earnings - Wed, 28 Jul 2021 20:12:04 UTC
- CyrusOne Announces CEO Transition - Wed, 28 Jul 2021 20:08:17 UTC
Funds From Operations (FFO)
Key Stats of Trading Day January 14, 2022
Current Debt: $590,900,000
Revenue: $1,155,700,000
Gross Profit: $654,400,000
Total Revenue: $1,155,700,000
Earnings Before Interest, Taxes & Depreciation Amortization (EBITDA): $543,200,000
Revenue Per Share: $9
Revenue Per Employee: $2,556,858
Employee: 441
Debt to Equity Ratio (D/E): 2.62
Enterprise Value (EV): $14,556,780,537
Enterprise Value to Revenue (EV/R): 12.60
Price to Sales (P/S): 9.81
Price to Book (P/B): 4.04
Price/Earnings-to-Growth (PEG) Ratio: 0.86
P/E Ratio: 214.71
P/E High: -52.52
P/E Low: -76.43
Forward P/E Ratio: 366.61
Market Capitalization: $11,338,342,291
Latest Volume: 3,884,528
Avg. Total Volume: 3,348,529
Avg. 10-Day Volume: 3,811,264
Avg. 30-Day Volume: 3,348,529
TTM EPS: 0.42
Shares Outstanding: 126,912,271
Float: N/A
50-Day Moving Avg.: $89.12
200-Day Moving Avg.: $79.90
Latest REIT Community Comments on #CONE
- Aww! I own shares in #CONE !!! - YolpnoB - 2021-11-15 23:34:02 - See full comment
- That is a good point GoGo, #DLR and #QTS would be other good bets along with #CONE during this time. - Greaterthan - 2020-11-26 16:53:13 - See full comment
- With Covid cases coming back, #CONE might be a good option for me. - GoGo - 2020-11-25 23:54:31 - See full comment
Properties Owned by CONE
Properties Based on REIT's Official Presentation
| Properties | Types | States | Countries |
|---|---|---|---|
| 45 | 1 | 13 | 4 |
Please visit REIT’s official webpage for the most up-to-date property list.
Sample of REIT’s Properties. Image Source - REIT’s website
REIT Simulation
Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.
| With $1,000 USD | With $500 USD | With $250 USD | With $100 USD | With $50 USD | |
|---|---|---|---|---|---|
| Initial investment | @ $63.45 per share you would have been able to buy 15 shares of CONE on 2021-01-16 costing $951.75 | @ $63.45 per share you would have been able to buy 7 shares of CONE on 2021-01-16 costing $444.15 | @ $63.45 per share you would have been able to buy 3 shares of CONE on 2021-01-16 costing $190.35 | @ $63.45 per share you would have been able to buy 1 shares of CONE on 2021-01-16 costing $63.45 | @ $63.45 per share you would have been able to buy 0 shares of CONE on 2021-01-16 costing $0.00 |
| Current worth | On 2022-01-14 these 15 shares would be worth $1,340.10 @ $89.34 | On 2022-01-14 these 7 shares would be worth $625.38 @ $89.34 | On 2022-01-14 these 3 shares would be worth $268.02 @ $89.34 | On 2022-01-14 these 1 shares would be worth $89.34 @ $89.34 | On 2022-01-14 these 0 shares would be worth $0.00 @ $89.34 |
| Dividends earned | $30.90 in dividends would have been earned since 2021-01-16 with 15 shares. | $14 in dividends would have been earned since 2021-01-16 with 7 shares. | $6.18 in dividends would have been earned since 2021-01-16 with 3 shares. | $2.06 in dividends would have been earned since 2021-01-16 with 1 shares. | $0.00 in dividends would have been earned since 2021-01-16 with 7 shares. |
| Net (gain / loss)* | 419.25 USD | 195.65 USD | 83.85 USD | 27.95 USD | 0.00 USD |
| ROI** | 44.05% | 44.05% | 44.05% | 44.05% | nan% |
*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.
Dividend History
Below are the most recent cash dividends paid by CONE. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.
| Symbol | Ex Date | Cash Amount | Change in Dividend | Declaration Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| CONE | 2021-12-31 | 0.520 | --- | 2021-10-27 | 2022-01-03 | 2022-01-07 |
| CONE | 2021-09-23 | 0.520 | 1.96% | 2021-07-28 | 2021-09-24 | 2021-10-08 |
| CONE | 2021-06-24 | 0.510 | --- | 2021-04-28 | 2021-06-25 | 2021-07-09 |
| CONE | 2021-03-25 | 0.510 | --- | 2021-02-17 | 2021-03-26 | 2021-04-09 |
| CONE | 2020-12-31 | 0.510 | --- | 2020-10-28 | 2021-01-04 | 2021-01-08 |
| CONE | 2020-09-24 | 0.510 | 2.00% | 2020-07-29 | 2020-09-25 | 2020-10-09 |
| CONE | 2020-06-25 | 0.500 | --- | 2020-04-29 | 2020-06-26 | 2020-07-10 |
| CONE | 2020-03-26 | 0.500 | --- | 2020-02-19 | 2020-03-27 | 2020-04-09 |
| CONE | 2019-12-31 | 0.500 | --- | 2019-10-30 | 2020-01-02 | 2020-01-10 |
| CONE | 2019-09-26 | 0.500 | 8.70% | 2019-07-31 | 2019-09-27 | 2019-10-11 |
| CONE | 2019-06-27 | 0.460 | --- | 2019-05-01 | 2019-06-28 | 2019-07-12 |
| CONE | 2019-03-28 | 0.460 | --- | 2019-02-20 | 2019-03-29 | 2019-04-12 |
| CONE | 2018-12-31 | 0.460 | --- | 2018-10-30 | 2019-01-02 | 2019-01-11 |
| CONE | 2018-09-27 | 0.460 | --- | 2018-08-01 | 2018-09-28 | 2018-10-12 |
| CONE | 2018-06-28 | 0.460 | --- | 2018-05-02 | 2018-06-29 | 2018-07-13 |
| CONE | 2018-03-28 | 0.460 | 9.52% | 2018-02-21 | 2018-03-29 | 2018-04-13 |
| CONE | 2017-12-28 | 0.420 | --- | 2017-10-30 | 2017-12-29 | 2018-01-12 |
| CONE | 2017-09-28 | 0.420 | --- | 2017-08-02 | 2017-09-29 | 2017-10-13 |
| CONE | 2017-06-28 | 0.420 | --- | 2017-05-03 | 2017-06-30 | 2017-07-14 |
| CONE | 2017-03-29 | 0.420 | 10.53% | 2017-02-22 | 2017-03-31 | 2017-04-14 |
Earnings Press Releases
| Year | Quarter | Title |
|---|---|---|
| 2021 | Q3 | CyrusOne Reports Third Quarter 2021 Earnings |
Financial Statements Overview
Balance Sheet | Quarterly
See Annual Balance Sheet | See Quarterly Balance Sheet
Amounts in USD ($)
| Balance Sheet | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 |
|---|---|---|---|---|
| Current Cash | 456,400,000 | 369,700,000 | 240,900,000 | 271,400,000 |
| Receivables | 409,200,000 | 409,400,000 | 389,800,000 | 334,200,000 |
| Inventory | 0 | 0 | 0 | 0 |
| Current Assets | 889,900,000 | 803,900,000 | 632,100,000 | 607,100,000 |
| Current Assets (Other) | 0 | 0 | 0 | 0 |
| Short Term Investments | 0 | 0 | 0 | 0 |
| Long-term Investments | 6,449,600,000 | 6,437,300,000 | 6,279,700,000 | 6,290,300,000 |
| Property, Plant & Equipment Net | 5,555,000,000 | 5,541,000,000 | 5,298,500,000 | 5,265,500,000 |
| Goodwill | 455,100,000 | 455,100,000 | 455,100,000 | 455,100,000 |
| Intangible Assets | 132,700,000 | 141,200,000 | 149,200,000 | 157,800,000 |
| Other Assets | 128,000,000 | 115,000,000 | 114,300,000 | 133,400,000 |
| Net Tangible Assets | 2,217,700,000 | 2,060,300,000 | 2,010,500,000 | 1,945,300,000 |
| Total Assets | 7,339,500,000 | 7,241,200,000 | 6,911,800,000 | 6,897,400,000 |
| Accounts Payable | 0 | 0 | 0 | 0 |
| Liabilities (Other) | 45,000,000 | 58,300,000 | 53,300,000 | 77,300,000 |
| Current Liabilities (Other) | 590,900,000 | 586,100,000 | 551,600,000 | 521,700,000 |
| Total Current Liabilities | 590,900,000 | 586,100,000 | 551,600,000 | 521,700,000 |
| Current Long-term Debt | 0 | 0 | 0 | 0 |
| Long-term Debt | 3,672,300,000 | 3,704,400,000 | 3,366,000,000 | 3,438,100,000 |
| Total Liabilities | 4,534,000,000 | 4,584,600,000 | 4,297,000,000 | 4,339,200,000 |
| Minority Interest | 0 | 0 | 0 | 0 |
| Common Stock | 124,200,000 | 122,600,000 | 120,400,000 | 120,300,000 |
| Retained Earnings | -1,125,300,000 | -1,066,100,000 | -1,010,200,000 | -966,600,000 |
| Treasury Stock | 0 | 0 | 0 | 0 |
| Capital Surplus | 0 | 0 | 0 | 0 |
| Shareholder Equity | 2,805,500,000 | 2,656,600,000 | 2,614,800,000 | 2,558,200,000 |
Income Statement | Quarterly
See Annual Income Statement | See Quarterly Income Statement
Amounts in USD ($)
| Income Statement | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 |
|---|---|---|---|---|
| Total Revenue | 304,100,000 | 284,600,000 | 298,600,000 | 268,400,000 |
| Cost of Revenue | 133,400,000 | 121,800,000 | 135,800,000 | 110,300,000 |
| Gross Profit | 170,700,000 | 162,800,000 | 162,800,000 | 158,100,000 |
| Research and Development | 0 | 0 | 0 | 0 |
| Selling General and Admin | 34,400,000 | 20,300,000 | 26,800,000 | 27,700,000 |
| Operating Expense | 295,500,000 | 265,900,000 | 284,100,000 | 258,100,000 |
| Operating Income | 8,600,000 | 18,700,000 | 14,500,000 | 10,300,000 |
| Income Expense Net (Other) | 0 | 0 | 0 | 0 |
| EBIT | 8,600,000 | 18,700,000 | 14,500,000 | 10,300,000 |
| Interest Income | 17,300,000 | 14,800,000 | 15,100,000 | 14,500,000 |
| Pretax Income | 5,700,000 | 5,100,000 | 16,600,000 | 19,700,000 |
| Income Tax | -1,000,000 | -2,300,000 | -1,600,000 | 700,000 |
| Minority Interest | 0 | 0 | 0 | 0 |
| Net Income | 6,700,000 | 7,400,000 | 18,200,000 | 18,500,000 |
| Net Income Basic | 6,700,000 | 7,400,000 | 18,200,000 | 18,500,000 |
Cash Flow | Quarterly
See Annual Cash Flow | See Quarterly Cash Flow
Amounts in USD ($)
| Cash Flow | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 |
|---|---|---|---|---|
| Net Income | 6,700,000 | 7,400,000 | 18,200,000 | 18,500,000 |
| Depreciation | 127,500,000 | 123,700,000 | 121,400,000 | 449,400,000 |
| Changes in Receivables | 409,200,000 | 409,400,000 | 389,800,000 | 334,200,000 |
| Changes in Inventories | 0 | 0 | 0 | 0 |
| Cash Change | 456,400,000 | 369,700,000 | 240,900,000 | 271,400,000 |
| Cash Flow | 163,300,000 | 119,400,000 | 106,700,000 | 114,400,000 |
| Capital Expenditures | -218,500,000 | -186,300,000 | -175,400,000 | -910,500,000 |
| Investments | 0 | 0 | 0 | 0 |
| Investing Activity (Other) | 0 | 0 | 0 | 0 |
| Total Investing Cash Flows | -854,400,000 | 442,200,000 | -124,400,000 | -105,800,000 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Net Borrowings | 3,215,900,000 | 3,334,700,000 | 3,125,100,000 | 3,166,700,000 |
| Cash Flow Financing | 587,300,000 | -230,100,000 | 10,700,000 | 96,500,000 |
| Financing Cash Flows (Other) | 0 | 0 | 0 | 0 |
| Exchange Rate Effect | 0 | 0 | 0 | 0 |
About CyrusOne, Inc.
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 nearly 1,000 customers, including 190 of the Fortune 1000 or equivalent-sized companies. CyrusOne's data center offerings provide the flexibility, reliability, and security that enterprise and cloud customers require and are delivered through a tailored, customer service-focused platform designed to foster long-term relationships. CyrusOne's National IX platform provides robust connectivity options to drive revenue, reduce expenses, and improve service quality for enterprises, content, and telecommunications companies. CyrusOne is committed to full transparency in communication, management, and service delivery throughout its 40 data centers worldwide.
REITRating™ Scorecard
| Rating | Dividend Section | Avg. Rating |
|---|---|---|
| 7 | Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. | 3.8 |
| 8 | Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. | 6.5 |
| 9 | Dividend to Normalized FFO Payout Ratio Health: Analysis of the REIT’s Dividend to Normalized FFO Payout Ratios during the last four quarters. | 8.8 |
| 8 | Dividend to Normalized FFO Payout Ratio Trend: Analysis of the REIT’s Dividend to Normalized FFO Payout Ratios trend during the last two years. | 7.7 |
| Rating | AFFO & Efficiency Section | Avg. Rating |
| 8 | Normalized FFO Trend: Analysis of the REIT’s Normalized FFO trend during the last two years. | 7.7 |
| 7 | Normalized FFO to Revenue Health: Analysis of the REIT's Adjusted Funds From Operation to its Revenues. | 6.8 |
| 9 | Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues. | 8.3 |
| 10 | Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. | 9.0 |
| Rating | Leverage Section | Avg. Rating |
| 10 | Interest Coverage Health: Analysis of the REIT’s Interest Coverage health during the last four quarter. | 7.2 |
| 10 | Interest Coverage Health Trend: Analysis of the REIT’s Interest Coverage health trend during the last two years. | 8.7 |
| 10 | Total Debt Interest Rate Competitiveness: Analysis of the REIT’s Interest Rate to Total Debt competitiveness compared to REIT market. | 7.8 |
| 8 | Total Debt Interest Rate Trend: Analysis of the REIT’s Interest Rate to Total Debt trend during the last two years. | 8.4 |
| 5 | Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. | 5.1 |
| 6 | Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. | 6.9 |
| Rating | Asset & Revenue Section | Avg. Rating |
| 10 | Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. | 6.2 |
| 10 | Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. | 6.2 |
| Rating | Properties Section | Avg. Rating |
| 9 | Portfolio of Properties: Analysis of the REIT's property's strength, size, and geographic distribution. | 8.2 |
| 5 | Tenants: Analysis of the REIT's tenant diversification, operation type, and exposure to risk. | 8.0 |
| Rating | Market Cap Section | Avg. Rating |
| 6 | Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. | 5.5 |
| 8.2 | Overall REITRating™ Score (See trend) | 6.2 |
REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.
REITProperty
| Name | Type | Address | City | State |
|---|---|---|---|---|
| Washington State - Quincy | Data Center | D Street | Quincy | WA |
| Phoenix - Chandler | Data Center | 2335 South Ellis St | Chandler | AZ |
| Dallas - Carrollton | Data Center | 1649 West Frankford Rd | Carrollton | TX |
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| STAG Industrial, Inc. (STAG) | 9.1 | NYSE | Mid-Cap | Industrial | United States |
| Rexford Industrial Realty, Inc. (REXR) | 9.0 | NYSE | Large-Cap | Industrial | United States |
Last updated: 2022-01-16 - v2.8