Cannae (CNNE) to Release Earnings on Monday

Key Points

• Cannae Holdings Inc. is set to release its Q2 2025 earnings on August 11th, with analysts predicting a loss of ($0.31) per share and revenue of $109.95 million.
• In its previous quarterly earnings, Cannae reported a net loss of ($0.59) per share, missing estimates, with revenue of $103.20 million, down 6.8% compared to the same quarter last year.
• Cannae's stock saw a slight increase of 1.3% on Monday, reaching $20.98, and institutional investors hold 88.12% of the company's shares.

Cannae (NYSE:CNNE - Get Free Report) is projected to issue its Q2 2025 quarterly earnings data after the market closes on Monday, August 11th. Analysts expect the company to announce earnings of ($0.31) per share and revenue of $109.95 million for the quarter.

Cannae (NYSE:CNNE - Get Free Report) last announced its earnings results on Monday, May 12th. The company reported ($0.59) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.56) by ($0.03). Cannae had a negative net margin of 73.64% and a negative return on equity of 4.86%. The business had revenue of $103.20 million during the quarter, compared to analyst estimates of $105.30 million. During the same period in the previous year, the company earned ($1.27) earnings per share. The business's revenue for the quarter was down 6.8% on a year-over-year basis. On average, analysts expect Cannae to post $-3 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Cannae Stock Up 1.0%

Shares of CNNE traded up $0.20 during trading on Wednesday, reaching $20.44. The company's stock had a trading volume of 92,395 shares, compared to its average volume of 633,314. The company has a fifty day moving average of $20.55 and a two-hundred day moving average of $19.08. Cannae has a twelve month low of $15.91 and a twelve month high of $22.36. The company has a market cap of $1.28 billion, a price-to-earnings ratio of -3.89 and a beta of 1.06. The company has a quick ratio of 4.19, a current ratio of 4.19 and a debt-to-equity ratio of 0.04.

Cannae Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Monday, June 16th were given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend was Monday, June 16th. Cannae's dividend payout ratio is presently -9.13%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of CNNE. Jane Street Group LLC boosted its position in shares of Cannae by 95.4% in the 1st quarter. Jane Street Group LLC now owns 54,393 shares of the company's stock valued at $997,000 after purchasing an additional 26,550 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of Cannae by 4.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 299,843 shares of the company's stock valued at $5,496,000 after purchasing an additional 11,788 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Cannae by 4.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 33,465 shares of the company's stock valued at $613,000 after purchasing an additional 1,405 shares during the period. Institutional investors own 88.12% of the company's stock.

Analyst Ratings Changes

Separately, Royal Bank Of Canada upped their target price on Cannae from $22.00 to $26.00 and gave the company an "outperform" rating in a research report on Thursday, July 10th.

About Cannae

Cannae Holdings, Inc is a principal investment firm. The firm primarily invests in restaurants, technology enabled healthcare services, financial services and more. It takes both minority and majority stakes. Cannae Holdings, Inc was founded in 2014 and is based in Las Vegas, Nevada.