54.57 0.00 (0.00%)
After hours: 4:14PM EST
|Bid||53.67 x 1400|
|Ask||60.00 x 800|
|Day's Range||54.36 - 55.24|
|52 Week Range||43.49 - 69.01|
|Beta (3Y Monthly)||1.27|
|PE Ratio (TTM)||48.85|
|Earnings Date||Oct 29, 2018 - Nov 2, 2018|
|Forward Dividend & Yield||1.84 (3.36%)|
|1y Target Est||67.78|
Jim Cramer got the latest on U.S. employment, cannabis progress and global business with Chipotle, Constellation Brands and Paychex.
Jim Cramer sits down with CyrusOne President and CEO Gary Wojtaszek to hear about his company's best quarter in history and what's driving the growth.
CyrusOne Inc is a US$5.9b mid-cap, real estate investment trust (REIT) based in Dallas, United States. REIT shares give you ownership of the company than owns and manages various income-producing Read More...
Data centers catering to heavyweight tech companies have been one of real estate’s star performers, but their rout during October’s tech selloff is raising questions about whether these usually defensive shares will remain volatile. Data centers usually trade as real estate investment trusts. One reason: data center REITs offer yields of around 2.4% to 4.4%, which appeal to longer-term investors.
NEW YORK, Nov. 02, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
CyrusOne (CONE) delivered FFO and revenue surprises of -1.25% and -0.77%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
DALLAS (AP) _ CyrusOne Inc. (CONE) on Tuesday reported a key measure of profitability in its third quarter. The Dallas-based real estate investment trust said it had funds from operations of $78.5 million, or 79 cents per share, in the period. The average estimate of 12 analysts surveyed by Zacks Investment Research was for funds from operations of 80 cents per share.
Signed $27 Million in Annualized GAAP Revenue and 15 MegawattsYear-over-Year Revenue Growth of 18% and Adjusted EBITDA Growth of 16%
Under the terms of the agreement, CyrusOne will have the option to purchase up to 33 hectares of land, in parcels as demand dictates, for a 270MW master planned multi-data center campus. The land is located on Agriport A7’s 1,000 hectare campus approximately 40km north of central Amsterdam, which boasts access to the significant future power necessary to support the data center campus and is already home to two major hyperscale developments. “We are very excited to announce this strategic partnership with the Agriport team to develop the largest master planned data center campus in Europe for our hyperscale customers.
CyrusOne is ramping up sales and investing around the world. We sat down with the company's CEO to discuss what's ahead.
Equinix’s (EQIX) impressive back-to-back quarterly performances and a healthy demand environment for data center services is reflected in analysts’ ratings for its stock. On October 23, eight of the 25 analysts gave EQIX a “strong buy” rating, 14 gave it a “buy” rating, and the remaining three gave the stock a “hold” rating. About 88.0% of these analysts were bullish on the stock, and the remaining 12.0% have a neutral position.
Equinix (EQIX) currently trades at a premium against its peers Digital Realty (DLR), CyrusOne (CONE), and QTS Realty (QTS) based on its TTM price-to-AFFO (adjusted funds from operations) multiple. Equinix has a TTM price-to-AFFO ratio of 20.2x. Its competitors Digital Realty, CyrusOne, and QTS Realty trade at multiples of 17.7x, 18.7x, and 15.0x, respectively.
Expansion in key markets through acquisitions has been an integral part of Equinix’s (EQIX) growth strategy, which has helped it expand its footprint in these markets. In the last three years, the company has almost doubled the size of its business through mergers and acquisitions. The company’s total data center count was 200 on June 30, up from 112 at the end of 2015.
The rapid adoption of innovations such as IoT, artificial intelligence, big data, cloud computing, and flash storage has brought massive change to the IT storage industry. Other factors contributing to this advancement include wearable devices, bring your own device (or BYOD), high-quality video, and social networking.
CyrusOne (CONE), a premier global data center REIT, today announced the locations of new data centers in both London and Frankfurt. Construction is set to be completed by the end of the fourth quarter of 2019 for the London III facility, while the Frankfurt III facility is scheduled to be completed in early 2020.
Short interest is moderate for CONE with between 5 and 10% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. The net inflows of $1.46 billion over the last one-month into ETFs that hold CONE are among the lowest of the last year and appear to be slowing.
CyrusOne Inc. (CONE), a premier global data center REIT, today announced that it is making a $12 million investment in exchange for a 10% equity interest in ODATA Brasil S.A. and ODATA Colombia S.A.S. (collectively “ODATA”). ODATA is one of the leading data center providers in Brazil focused on serving the needs of hyperscale cloud companies.
Internet giants are plowing billions of dollars into data centers every year, with no end in site. Some companies are profiting from the cloud tailwind.
For his "Executive Decision" segment on "Mad Money" Wednesday, Jim Cramer talked to Gary Wojtaszek, president and CEO of CyrusOne Inc. CyrusOne is a data center REIT. Wojtaszek noted that bonds can become an attractive alternative to owning a REIT when interest rates rise.
CNBC's Jim Cramer explains why despite its wage increase, Amazon is working harder than ever to keep prices down. The "Mad Money" host also sits down with the CEO of CyrusOne, a data center real estate play. One of the Federal Reserve's chief goals may be to curb inflation in the U.S. economy, but when it comes to wage inflation, the central bank should be careful how it proceeds, CNBC's Jim Cramer warned on Wednesday.
CyrusOne Inc. (CONE), a premier global data center REIT, today announced that it will hold its third quarter 2018 results conference call at 11:00 AM Eastern Time (10:00 AM Central Time) on Wednesday, October 31, 2018. Gary Wojtaszek, President and Chief Executive Officer, and Diane Morefield, Chief Financial Officer, will review the company’s financial performance for the period. A live webcast of the conference call will be available in the “Investors / Events & Presentations” section of the company's website at http://investor.cyrusone.com/events.cfm.
CyrusOne Inc. (CONE), a premier global data center REIT, today announced that S&P Global Ratings (“S&P”) has upgraded its issue-level credit ratings for CyrusOne to investment grade. S&P upgraded its ratings on CyrusOne’s senior unsecured credit facility and senior unsecured notes to ‘BBB-’ from ‘BB+’. “We are very pleased to have received an investment grade credit rating from S&P, reflecting the growth and diversification of our business and the strong fundamentals underlying the data center industry,” said Diane Morefield, chief financial officer of CyrusOne.
NEW YORK, Sept. 27, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...