How to buy CyrusOne stock | 71.955

CyrusOne Inc is a reit—specialty business based in the US. CyrusOne shares (CONE) are listed on the NASDAQ and all prices are listed in US Dollars. CyrusOne employs 452 staff and has a trailing 12-month revenue of around USD$1 billion.

How to buy shares in CyrusOne

1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
3. Search for CyrusOne. Find the stock by name or ticker symbol: CONE. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until CyrusOne reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At last close price of USD$71.955, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of CyrusOne, depending on your broker.
6. Check in on your investment. Congratulations, you own a part of CyrusOne. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

How has coronavirus impacted CyrusOne's share price?

Since the stock market crash in March caused by coronavirus, CyrusOne's share price has had significant positive movement.

Its last market close was USD$71.955, which is 3.27% up on its pre-crash value of USD$69.6 and 64.58% up on the lowest point reached during the March crash when the shares fell as low as USD$43.72.

If you had bought USD$1,000 worth of CyrusOne shares at the start of February 2020, those shares would have been worth USD$743.15 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$1,172.15.

CyrusOne share price

Use our graph to track the performance of CONE stocks over time.

CyrusOne shares at a glance

• Key figures

Information last updated 2020-10-20.

Latest market close	USD$71.955
52-week range	USD$43.72 - USD$86.77
50-day moving average	USD$76.0985
200-day moving average	USD$75.1761
Wall St. target price	USD$87.79
PE ratio	512.7333
Dividend yield	USD$2.04 (2.65%)
Earnings per share (TTM)	USD$0.169

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Is it a good time to buy CyrusOne stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of CyrusOne Inc by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

CyrusOne price performance over time

Historical closes compared with the close of $71.955 from 2020-11-16

1 week (2020-11-20)	0.95%
1 month (2020-10-30)	1.27%
3 months (2020-08-28)	-12.83%
6 months (2020-05-29)	-3.21%

1 year (2019-11-29)	15.50%
2 years (2018-11-29)	28.86%
3 years (2017-11-29)	19.94%
5 years (2015-11-27)	98.72%

Is CyrusOne under- or over-valued?

Valuing CyrusOne stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of CyrusOne's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

CyrusOne's P/E ratio

CyrusOne's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 513x. In other words, CyrusOne shares trade at around 513x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

CyrusOne's EBITDA

CyrusOne's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$518.6 million.

The EBITDA is a measure of a CyrusOne's overall financial performance and is widely used to measure a its profitability.

CyrusOne financials

Revenue TTM	USD$1 billion
Operating margin TTM	8.67%
Gross profit TTM	USD$597.9 million
Return on assets TTM	0.88%
Return on equity TTM	0.82%
Profit margin	2.01%
Book value	$21.058
Market capitalisation	USD$9 billion

TTM: trailing 12 months

Shorting CyrusOne shares

There are currently 6.4 million CyrusOne shares held short by investors – that's known as CyrusOne's "short interest". This figure is 23.7% up from 5.2 million last month.

There are a few different ways that this level of interest in shorting CyrusOne shares can be evaluated.

CyrusOne's "short interest ratio" (SIR)

CyrusOne's "short interest ratio" (SIR) is the quantity of CyrusOne shares currently shorted divided by the average quantity of CyrusOne shares traded daily (recently around 1.1 million). CyrusOne's SIR currently stands at 6.05. In other words for every 100,000 CyrusOne shares traded daily on the market, roughly 6050 shares are currently held short.

However CyrusOne's short interest can also be evaluated against the total number of CyrusOne shares, or, against the total number of tradable CyrusOne shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case CyrusOne's short interest could be expressed as 0.05% of the outstanding shares (for every 100,000 CyrusOne shares in existence, roughly 50 shares are currently held short) or 0.0742% of the tradable shares (for every 100,000 tradable CyrusOne shares, roughly 74 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against CyrusOne.

Find out more about how you can short CyrusOne stock.

CyrusOne share dividends

Dividend payout ratio: 1182.35% of net profits

Recently CyrusOne has paid out, on average, around 1182.35% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.65% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), CyrusOne shareholders could enjoy a 2.65% return on their shares, in the form of dividend payments. In CyrusOne's case, that would currently equate to about $2.04 per share.

CyrusOne's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

CyrusOne's most recent dividend payout was on 9 October 2020. The latest dividend was paid out to all shareholders who bought their shares by 24 September 2020 (the "ex-dividend date").

CyrusOne share price volatility

Over the last 12 months, CyrusOne's shares have ranged in value from as little as $43.72 up to $86.77. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while CyrusOne's is 0.5538. This would suggest that CyrusOne's shares are less volatile than average (for this exchange).

CyrusOne overview

CyrusOne (NASDAQ: CONE) is a 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 approximately 200 Fortune 1000 companies. With a track record of meeting and surpassing the aggressive speed-to-market demands of hyperscale cloud providers, as well as the expanding IT infrastructure requirements of the enterprise, CyrusOne provides the flexibility, reliability, security, and connectivity that foster business growth. CyrusOne offers a tailored, customer service-focused platform and is committed to full transparency in communication, management, and service delivery throughout its more than 50 data centers worldwide.

Frequently asked questions

• What percentage of CyrusOne is owned by insiders or institutions?

  Currently 0.651% of CyrusOne shares are held by insiders and 101.278% by institutions.

• How many people work for CyrusOne?

  Latest data suggests 452 work at CyrusOne.

• When does the fiscal year end for CyrusOne?

  CyrusOne's fiscal year ends in December.

• Where is CyrusOne based?

  CyrusOne's address is: 2850 N Harwood, Dallas, TX, United States, 75201

• What is CyrusOne's ISIN number?

  CyrusOne's international securities identification number is: US23283R1005

• What is CyrusOne's CUSIP number?

  CyrusOne's Committee on Uniform Securities Identification Procedures number is: 23283R100