CyrusOne (CONE) Receives Daily News Impact Score of 0.18

News articles about CyrusOne (NASDAQ:CONE) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. CyrusOne earned a news impact score of 0.18 on Accern’s scale. Accern also gave media coverage about the real estate investment trust an impact score of 46.0004451298303 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Here are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:

Get CyrusOne alerts: Financial Review: Washington Prime Group (WPG) and CyrusOne (CONE) (americanbankingnews.com) Cloud Provider Lume to Provide Retail Colocation from CyrusOne Data Centers (finance.yahoo.com) CyrusOne Inc. (CONE): Most Popular stock: (stockquote.review) Pleasing Stocks: CyrusOne Inc., (NASDAQ: CONE), Oracle Corporation, (NYSE: ORCL) (nysetradingnews.com) Reading Analyst Financial Stock Recommendation:: CyrusOne Inc. (CONE) (nasdaqplace.com)

A number of analysts recently weighed in on CONE shares. BidaskClub downgraded CyrusOne from a “sell” rating to a “strong sell” rating in a report on Saturday, February 17th. Royal Bank of Canada restated a “buy” rating on shares of CyrusOne in a report on Thursday, March 1st. Guggenheim set a $65.00 price objective on CyrusOne and gave the company a “buy” rating in a report on Friday, February 23rd. Credit Suisse Group set a $73.00 price objective on CyrusOne and gave the company a “buy” rating in a report on Wednesday, February 21st. Finally, Moffett Nathanson started coverage on CyrusOne in a report on Monday, April 9th. They issued a “hold” rating and a $58.00 price objective for the company. Five investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. CyrusOne has a consensus rating of “Buy” and a consensus target price of $67.25.

Shares of CyrusOne opened at $53.65 on Monday, Marketbeat.com reports. The company has a debt-to-equity ratio of 1.17, a current ratio of 2.07 and a quick ratio of 2.07. CyrusOne has a 1-year low of $43.49 and a 1-year high of $65.73. The stock has a market cap of $5.32 billion, a price-to-earnings ratio of 17.20, a price-to-earnings-growth ratio of 0.96 and a beta of 0.76.

CyrusOne (NASDAQ:CONE) last issued its quarterly earnings results on Wednesday, May 2nd. The real estate investment trust reported $0.85 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.75 by $0.10. CyrusOne had a negative return on equity of 0.60% and a negative net margin of 1.33%. The firm had revenue of $196.60 million during the quarter, compared to the consensus estimate of $185.86 million. During the same period last year, the business posted $0.72 EPS. The business’s revenue was up 31.7% compared to the same quarter last year. sell-side analysts forecast that CyrusOne will post 3.27 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 13th. Shareholders of record on Friday, June 29th will be issued a dividend of $0.46 per share. The ex-dividend date is Thursday, June 28th. This represents a $1.84 dividend on an annualized basis and a yield of 3.43%. CyrusOne’s payout ratio is currently 58.97%.

In other CyrusOne news, insider Kevin L. Timmons sold 11,465 shares of the stock in a transaction dated Tuesday, March 6th. The stock was sold at an average price of $49.39, for a total transaction of $566,256.35. Following the completion of the sale, the insider now directly owns 177,843 shares in the company, valued at approximately $8,783,665.77. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.64% of the company’s stock.

About CyrusOne

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 approximately 1,000 customers, including 200 Fortune 1000 companies.