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
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See CONE on SEC.gov

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Overall Score: 8.2

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


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Hightlights of Trading Day January 14, 2022


Open Price: $89.38
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


Dividend Yield: 2.328%*
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


See more news headlines for CyrusOne, Inc.

Funds From Operations (FFO)


Funds From Operations (FFO)

Key Stats of Trading Day January 14, 2022


Total Cash: $456,400,000
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
Profit Margin: 0.04%
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
Beta: 0.32
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


See more community comments related to CONE

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.

CONE Sample Property

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


Below are the Earnings Press Releases for CONE. To see the complete Earnings Report please visit the sec.gov.

Year Quarter Title
2021 Q3 CyrusOne Reports Third Quarter 2021 Earnings

Financial Statements Overview


The next Earnings Report for CONE is 2022-02-16

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


Below are some of the properties owned by this CONE. Please click on the property name to see more details. See complete list of properties.

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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Last updated: 2022-01-16 - v2.8