CyrusOne (CONE) Stock Price, News & Analysis

CyrusOne Inc. (NASDAQ:CONE) announced its quarterly earnings results on Tuesday, February, 15th. The real estate investment trust reported $0.11 earnings per share for the quarter, missing analysts' consensus estimates of $1.03 by $0.92. The real estate investment trust earned $318.40 million during the quarter, compared to analyst estimates of $304.02 million. CyrusOne had a trailing twelve-month return on equity of 1.02% and a net margin of 2.10%. CyrusOne's quarterly revenue was up 18.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.94 EPS.

CyrusOne (NASDAQ:CONE) pays an annual dividend of $2.08 per share and currently has a dividend yield of 2.30%. The dividend payout ratio is 990.48%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, CONE will have a dividend payout ratio of 46.53% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CONE.

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