News stories about CyrusOne (NASDAQ:CONE) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. CyrusOne earned a media sentiment score of 0.22 on Accern’s scale. Accern also gave media headlines about the real estate investment trust an impact score of 45.3169961636248 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news stories that may have impacted Accern Sentiment Analysis’s rankings:
- CyrusOne (CONE) Rating Reiterated by Barclays (americanbankingnews.com)
- CyrusOne Inc (CONE) Expected to Post Quarterly Sales of $182.48 Million (americanbankingnews.com)
- CyrusOne Inc. Announces Fourth Quarter 2017 Earnings Release and Conference Call Dates (finance.yahoo.com)
- CyrusOne Inc (CONE) Receives Average Rating of “Buy” from Analysts (americanbankingnews.com)
CyrusOne (NASDAQ CONE) opened at $55.42 on Friday. The company has a debt-to-equity ratio of 1.56, a current ratio of 0.48 and a quick ratio of 0.48. CyrusOne has a 1-year low of $46.41 and a 1-year high of $65.73. The firm has a market cap of $5,031.13, a P/E ratio of 18.61, a P/E/G ratio of 0.88 and a beta of 0.79.
CyrusOne (NASDAQ:CONE) last posted its earnings results on Monday, October 30th. The real estate investment trust reported ($0.61) EPS for the quarter, missing analysts’ consensus estimates of $0.76 by ($1.37). CyrusOne had a negative return on equity of 3.23% and a negative net margin of 13.60%. The company had revenue of $175.30 million during the quarter, compared to the consensus estimate of $177.62 million. During the same period last year, the firm posted $0.67 EPS. The company’s revenue for the quarter was up 21.9% on a year-over-year basis. analysts anticipate that CyrusOne will post 3.08 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 12th. Stockholders of record on Friday, December 29th were given a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.03%. The ex-dividend date of this dividend was Thursday, December 28th. CyrusOne’s payout ratio is -173.19%.
Several equities research analysts have issued reports on the company. BidaskClub downgraded CyrusOne from a “sell” rating to a “strong sell” rating in a research report on Saturday. Barclays restated a “buy” rating and set a $69.00 target price on shares of CyrusOne in a research report on Friday. Credit Suisse Group set a $73.00 price objective on CyrusOne and gave the stock a “buy” rating in a research report on Wednesday. Zacks Investment Research downgraded CyrusOne from a “hold” rating to a “sell” rating in a research report on Tuesday, January 9th. Finally, Mitsubishi UFJ Financial Group upgraded CyrusOne from a “neutral” rating to an “overweight” rating in a research report on Tuesday, October 31st. Three analysts have rated the stock with a sell rating, two have issued a hold rating and twelve have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $65.08.
In related news, insider Venkatesh S. Durvasula sold 13,500 shares of the company’s stock in a transaction on Thursday, November 2nd. The shares were sold at an average price of $60.20, for a total value of $812,700.00. Following the completion of the transaction, the insider now owns 214,063 shares of the company’s stock, valued at approximately $12,886,592.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 1.64% of the company’s stock.
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CyrusOne Inc is a real estate investment trust. The Company is an owner, operator and developer of enterprise-class, carrier-neutral, multi-tenant data center properties. The Company’s data centers are generally purpose-built facilities with redundant power and cooling. The CyrusOne National IX Platform (the National IX Platform) delivers interconnection across states and between metro-enabled sites within its footprint and beyond.
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