CyrusOne (NASDAQ:CONE) declared a quarterly dividend on Tuesday, June 4th, Stock Ratings Network.com reports. Shareholders of record on Friday, June 28th will be given a dividend of $0.16 per share on Monday, July 15th. This represents a $0.64 dividend on an annualized basis and a yield of 3.08%. The ex-dividend date of this dividend is Wednesday, June 26th.
Several analysts have also recently commented on the stock. Analysts at Morgan Stanley upgraded shares of CyrusOne from an “equal weight” rating to an “overweight” rating in a research note to investors on Tuesday, May 28th. They now have a $25.00 price target on the stock. On the ratings front, analysts at Zacks downgraded shares of CyrusOne from an “outperform” rating to a “neutral” rating in a research note to investors on Wednesday, May 15th. They now have a $26.00 price target on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of CyrusOne in a research note to investors on Thursday, May 9th. They now have a $26.00 price target on the stock, down previously from $27.00.
Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $25.00.
Shares of CyrusOne (NASDAQ: CONE) traded down 2.30% during mid-day trading on Tuesday, hitting $20.78. CyrusOne has a one year low of $20.53 and a one year high of $24.49. The stock’s 50-day moving average is currently $23.00. The company’s market cap is $459.7 million.
CyrusOne (NASDAQ: CONE) last released its earnings data on Wednesday, May 8th. The company reported ($0.05) earnings per share (EPS) for the quarter. The company had revenue of $60.10 million for the quarter, compared to the consensus estimate of $52.10 million. Analysts expect that CyrusOne will post $-0.41 EPS for the current fiscal year.
CyrusOne Inc., is a owner, operator and developer of enterprise-class, carrier-neutral data center properties.