NYSE:CNNE Cannae (CNNE) Stock Forecast, Price & News $19.85 +0.54 (+2.80%) (As of 05/26/2023 ET) Add Compare Share Share Today's Range$19.37▼$19.9050-Day Range$17.68▼$20.1852-Week Range$17.11▼$25.74Volume528,212 shsAverage Volume428,812 shsMarket Capitalization$1.52 billionP/E RatioN/ADividend YieldN/APrice Target$35.33 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Cannae MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside78.0% Upside$35.33 Price TargetShort InterestBearish2.28% of Float Sold ShortDividend StrengthN/ASustainability-0.49Upright™ Environmental ScoreNews Sentiment0.24Based on 4 Articles This WeekInsider TradingAcquiring Shares$900,500 Bought Last QuarterProj. Earnings GrowthDecreasingFrom ($0.37) to ($0.42) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.20 out of 5 starsFinance Sector642nd out of 911 stocksEating & Drinking Places Industry3rd out of 6 stocks 3.5 Analyst's Opinion Consensus RatingCannae has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $35.33, Cannae has a forecasted upside of 78.0% from its current price of $19.85.Amount of Analyst CoverageCannae has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.28% of the float of Cannae has been sold short.Short Interest Ratio / Days to CoverCannae has a short interest ratio ("days to cover") of 4.2.Change versus previous monthShort interest in Cannae has recently increased by 8.05%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldCannae does not currently pay a dividend.Dividend GrowthCannae does not have a long track record of dividend growth. Previous Next 2.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCannae has received a 15.05% net impact score from Upright. Cannae seems to create the most significant positive value in categories "Jobs", "Taxes", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is false driven by its "Discretionary investment management services" product. See details.Environmental SustainabilityThe Environmental Impact score for Cannae is -0.49. Previous Next 2.4 News and Social Media Coverage News SentimentCannae has a news sentiment score of 0.24. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.66 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Cannae this week, compared to 2 articles on an average week.Search Interest3 people have searched for CNNE on MarketBeat in the last 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cannae insiders have bought more of their company's stock than they have sold. Specifically, they have bought $900,500.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 6.10% of the stock of Cannae is held by insiders.Percentage Held by Institutions86.29% of the stock of Cannae is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Cannae are expected to decrease in the coming year, from ($0.37) to ($0.42) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cannae is -9.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Cannae is -9.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioCannae has a P/B Ratio of 0.56. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Cannae (NYSE:CNNE) StockCannae Holdings, Inc. engages in the management and operation of a group of companies and investments. It operates through the following segments: Dun & Bradstreet, Optimal Blue, Restaurant Group, and Corporate and Other. The Dun & Bradstreet segment offers business decision data and analytics. The Optimal Blue segment is involved in secondary market solutions and actionable data services. The Restaurant Group segment consists of the operations of O'Charley's, 99 Restaurants, Legendary Baking Holdings I LLC, and VIBSQ Holdco LLC. The Corporate and Other segment covers the share in the operations of certain controlled portfolio companies and other equity investments. The company was founded on April 21, 2017 and is headquartered in Las Vegas, NV.Read More Receive CNNE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Cannae and its competitors with MarketBeat's FREE daily newsletter. Email Address CNNE Stock News HeadlinesMay 27, 2023 | edition.cnn.comCNN London InternshipsMay 24, 2023 | usatoday.comNo audience change announced for CNN town halls after Trump event | Fact checkMay 28, 2023 | Stocks To Trade (Ad)3 Free Stock Picks per DayUsing our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.May 18, 2023 | finance.yahoo.comCannae Holdings, Inc. Provides Update on Share Repurchase ProgramMay 17, 2023 | finance.yahoo.comDoes Cannae Holdings, Inc. (CNNE) Have the Potential to Rally 80.47% as Wall Street Analysts Expect?May 17, 2023 | americanbankingnews.comRichard N. Massey Buys 50,000 Shares of Cannae Holdings, Inc. (NYSE:CNNE) StockMay 16, 2023 | finance.yahoo.comInsider Spends US$901k Buying More Shares In Cannae Holdings \May 13, 2023 | americanbankingnews.comCannae (NYSE:CNNE) Price Target Cut to $28.00May 28, 2023 | Behind the Markets (Ad)NOTICE: Your retirement is in immediate dangerSoon you may be forced to spend your afternoons packing grocery bags at Walmart instead of going to the park with your grandchildren. Why? Because not only could your money be worth even less than it already is now, but certain stocks and cryptocurrencies could drop by 80%. Even your social security check could be worth 21% less! Learn how to protect your retirement here >>>May 10, 2023 | finance.yahoo.comCannae Holdings, Inc. (CNNE) Reports Q1 Loss, Lags Revenue EstimatesMay 9, 2023 | finance.yahoo.comCannae Holdings, Inc. Announces First Quarter 2023 Financial ResultsMay 8, 2023 | americanbankingnews.comCannae (CNNE) Set to Announce Earnings on TuesdayApril 25, 2023 | finance.yahoo.comCannae Holdings, Inc. Announces First Quarter 2023 Earnings Release Date and Conference CallApril 22, 2023 | cnn.comMarjorie Taylor Greene silenced by GOP-led committee after calling Mayorkas a ‘liar’April 20, 2023 | markets.businessinsider.comRBC Capital Reaffirms Their Buy Rating on Cannae Holdings (CNNE)April 12, 2023 | cnn.comWhat markets are watching after digesting the US jobs dataApril 12, 2023 | edition.cnn.comWatch CNN LiveApril 2, 2023 | finance.yahoo.comCannae Holdings, Inc. (NYSE:CNNE) is up 5.5%, but insiders still continue to see a loss of US$94k on their US$578k investmentMarch 13, 2023 | cnn.comThese companies held money at Silicon Valley Bank and aren’t sure if they’ll recover the fundsFebruary 22, 2023 | finance.yahoo.comCannae Holdings, Inc. Announces Fourth Quarter and Full Year 2022 Financial ResultsFebruary 19, 2023 | cnn.comKyle Jacobs, songwriter and husband of singer Kellie Pickler, dead at 49February 18, 2023 | cnn.comThe essentials list: Alan Cumming’s travel must-haves for a weekend awayFebruary 18, 2023 | cnn.comLetter arrives more than 100 years after being postedJanuary 22, 2023 | cnn.comUK Prime Minister Rishi Sunak fined for failing to wear seatbeltJanuary 22, 2023 | cnn.comVirginia Democratic Sen. Tim Kaine announces he’s running for reelection in 2024January 22, 2023 | cnn.comChatGPT isn’t coming. It’s hereJanuary 13, 2023 | finance.yahoo.comBlack Knight Football Club Led by Managing General Partner William P. Foley, II and Cannae Holdings Announces Strategic Partnership With FC LorientSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive CNNE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Cannae and its competitors with MarketBeat's FREE daily newsletter. Email Address CNNE Company Calendar Last Earnings11/09/2021Today5/28/2023Next Earnings (Estimated)8/14/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Eating & drinking places Sub-IndustryN/A SectorFinance Current SymbolNYSE:CNNE CUSIPN/A CIK1704720 Webwww.cannaeholdings.com Phone(833) 856-8534FaxN/AEmployees11,988Year FoundedN/APrice Target and Rating Average Stock Price Forecast$35.33 High Stock Price Forecast$42.00 Low Stock Price Forecast$28.00 Forecasted Upside/Downside+78.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($2.16) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-428,100,000.00 Net Margins-28.44% Pretax Margin5.45% Return on Equity-0.14% Return on Assets-0.12% Debt Debt-to-Equity Ratio0.04 Current Ratio2.53 Quick Ratio2.53 Sales & Book Value Annual Sales$662.10 million Price / Sales2.29 Cash FlowN/A Price / Cash FlowN/A Book Value$35.54 per share Price / Book0.56Miscellaneous Outstanding Shares76,490,000Free Float71,824,000Market Cap$1.52 billion OptionableOptionable Beta0.87 Key ExecutivesRichard N. MasseyChief Executive Officer & DirectorRyan R. CaswellPresidentBryan D. CoyChief Financial Officer & Executive Vice PresidentPeter T. SadowskiChief Legal Officer & Executive Vice PresidentMichael L. GravelleSecretary & Executive Vice PresidentKey CompetitorsBankUnitedNYSE:BKUSL Green RealtyNYSE:SLGClaros Mortgage TrustNYSE:CMTGVeris ResidentialNYSE:VRERenasantNASDAQ:RNSTView All CompetitorsInsiders & InstitutionsAmeriprise Financial Inc.Bought 3,435 shares on 5/22/2023Ownership: 0.036%JPMorgan Chase & Co.Bought 17,027 shares on 5/18/2023Ownership: 0.118%New York State Common Retirement FundSold 16,312 shares on 5/18/2023Ownership: 0.048%Susquehanna International Group LLPBought 17,752 shares on 5/16/2023Ownership: 0.041%Steward Partners Investment Advisory LLCSold 1,000 shares on 5/16/2023Ownership: 0.014%View All Insider TransactionsView All Institutional Transactions CNNE Stock - Frequently Asked Questions Should I buy or sell Cannae stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cannae in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CNNE shares. View CNNE analyst ratings or view top-rated stocks. What is Cannae's stock price forecast for 2023? 2 brokerages have issued 12-month target prices for Cannae's stock. Their CNNE share price forecasts range from $28.00 to $42.00. On average, they anticipate the company's stock price to reach $35.33 in the next year. This suggests a possible upside of 78.0% from the stock's current price. View analysts price targets for CNNE or view top-rated stocks among Wall Street analysts. How have CNNE shares performed in 2023? Cannae's stock was trading at $20.65 at the start of the year. Since then, CNNE stock has decreased by 3.9% and is now trading at $19.85. View the best growth stocks for 2023 here. Are investors shorting Cannae? Cannae saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 1,610,000 shares, an increase of 8.1% from the April 30th total of 1,490,000 shares. Based on an average trading volume of 386,400 shares, the short-interest ratio is currently 4.2 days. Currently, 2.3% of the company's stock are sold short. View Cannae's Short Interest. When is Cannae's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, August 14th 2023. View our CNNE earnings forecast. How were Cannae's earnings last quarter? Cannae Holdings, Inc. (NYSE:CNNE) posted its earnings results on Tuesday, November, 9th. The company reported ($1.36) EPS for the quarter, missing the consensus estimate of ($0.17) by $1.19. The business had revenue of $186 million for the quarter, compared to analysts' expectations of $194.70 million. Cannae had a negative trailing twelve-month return on equity of 0.14% and a negative net margin of 28.44%. During the same quarter in the previous year, the company posted $1.44 earnings per share. What ETFs hold Cannae's stock? ETFs with the largest weight of Cannae (NYSE:CNNE) stock in their portfolio include Invesco Global Listed Private Equity ETF (PSP), Etho Climate Leadership US ETF (ETHO), First Trust Active Factor Small Cap ETF (AFSM), Avantis U.S. Small Cap Equity ETF (AVSC), Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ), What other stocks do shareholders of Cannae own? Based on aggregate information from My MarketBeat watchlists, some companies that other Cannae investors own include NVIDIA (NVDA), General Motors (GM), Advanced Micro Devices (AMD), Enphase Energy (ENPH), Pure Storage (PSTG), QUALCOMM (QCOM), Block (SQ), Twilio (TWLO), Vista Outdoor (VSTO) and Zynga (ZNGA). What is Cannae's stock symbol? Cannae trades on the New York Stock Exchange (NYSE) under the ticker symbol "CNNE." Who are Cannae's major shareholders? Cannae's stock is owned by many different institutional and retail investors. Top institutional investors include DAVENPORT & Co LLC (8.14%), BlackRock Inc. (8.11%), River Road Asset Management LLC (7.38%), FMR LLC (6.70%), Dimensional Fund Advisors LP (2.95%) and State Street Corp (2.13%). Insiders that own company stock include Barry B Moullet, Brent B Bickett, Bryan D Coy, Cannae Holdings, Inc, Frank P Willey, Michael L Gravelle and Richard N Massey. View institutional ownership trends. How do I buy shares of Cannae? Shares of CNNE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Cannae's stock price today? One share of CNNE stock can currently be purchased for approximately $19.85. How much money does Cannae make? Cannae (NYSE:CNNE) has a market capitalization of $1.52 billion and generates $662.10 million in revenue each year. The company earns $-428,100,000.00 in net income (profit) each year or ($2.16) on an earnings per share basis. How many employees does Cannae have? The company employs 11,988 workers across the globe. How can I contact Cannae? Cannae's mailing address is 1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV, 89134. The official website for the company is www.cannaeholdings.com. The company can be reached via phone at (833) 856-8534. This page (NYSE:CNNE) was last updated on 5/28/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Cannae Holdings, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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