NYSE:CNNE Cannae (CNNE) Stock Price, News & Analysis → top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL) (From Traders Agency) (Ad) Free CNNE Stock Alerts $19.73 +0.12 (+0.61%) (As of 04/22/2024 ET) Add Compare Share Share Today's Range$19.45▼$19.8550-Day Range$19.43▼$22.5352-Week Range$15.93▼$22.99Volume393,113 shsAverage Volume764,291 shsMarket Capitalization$1.26 billionP/E RatioN/ADividend YieldN/APrice Target$27.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Cannae alerts: Email Address Cannae MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside40.2% Upside$27.67 Price TargetShort InterestHealthy1.97% of Float Sold ShortDividend StrengthN/ASustainability-0.49Upright™ Environmental ScoreNews Sentiment0.87Based on 6 Articles This WeekInsider TradingSelling Shares$2.10 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.93) to ($0.63) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.55 out of 5 starsFinance Sector147th out of 842 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 3 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageCannae has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.97% of the float of Cannae has been sold short.Short Interest Ratio / Days to CoverCannae has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Cannae has recently decreased by 36.27%, indicating that investor sentiment is improving 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 3.3 News and Social Media Coverage News SentimentCannae has a news sentiment score of 0.87. 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 higher news sentiment than the 0.55 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Cannae this week, compared to 2 articles on an average week.Search Interest1 people have searched for CNNE on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added Cannae to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cannae insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,104,038.00 in company stock.Percentage Held by InsidersOnly 7.40% of the stock of Cannae is held by insiders.Percentage Held by Institutions88.12% 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 1.3 Earnings and Valuation Earnings GrowthEarnings for Cannae are expected to grow in the coming year, from ($0.93) to ($0.63) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cannae is -4.68, 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 -4.68, 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 0.60. 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 Ad Crypto 101 MediaIncredible Opportunity to Retire FAST!A brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.Click here to get instant access to the guide About Cannae Stock (NYSE:CNNE)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.Read More CNNE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CNNE Stock News HeadlinesApril 18, 2024 | insidertrades.comCannae Holdings, Inc. (NYSE:CNNE) CEO Sells $588,900.00 in StockApril 12, 2024 | insidertrades.comCannae Holdings, Inc. (NYSE:CNNE) CEO Sells $1,041,000.00 in StockApril 23, 2024 | Traders Agency (Ad)top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.April 10, 2024 | insidertrades.comCannae Holdings, Inc. (NYSE:CNNE) CEO Sells $474,138.50 in StockApril 19, 2024 | americanbankingnews.comRichard N. Massey Sells 30,000 Shares of Cannae Holdings, Inc. (NYSE:CNNE) StockApril 18, 2024 | finance.yahoo.comInsider Sell: CEO Richard Massey Sells 30,000 Shares of Cannae Holdings Inc (CNNE)April 13, 2024 | finance.yahoo.comCannae Holdings Insider Ups Holding By 13% During YearApril 13, 2024 | americanbankingnews.comRichard N. Massey Sells 50,000 Shares of Cannae Holdings, Inc. (NYSE:CNNE) StockApril 23, 2024 | Traders Agency (Ad)top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.April 4, 2024 | businesswire.comCannae Holdings, Inc. Announces Final Results of Modified Dutch Auction Tender OfferApril 2, 2024 | businesswire.comCannae Holdings, Inc. Announces Preliminary Results of Modified Dutch Auction Tender OfferMarch 28, 2024 | cnn.comNIO Inc. Sponsored ADR Class AMarch 22, 2024 | uk.investing.comCannae Holdings Inc (CNNE)March 12, 2024 | cnn.comKey Mayoral RacesMarch 12, 2024 | cnn.comNew York City MayorMarch 6, 2024 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Consumer Cyclical Stocks: Dollar General (DG) and Cannae Holdings (CNNE)March 3, 2024 | finance.yahoo.comCannae Holdings Full Year 2023 Earnings: Misses ExpectationsMarch 1, 2024 | businesswire.comCannae Holdings, Inc. Commences Cash Tender Offer to Purchase Up to $200 Million in Value of Shares of its Common StockFebruary 27, 2024 | businesswire.comCannae Holdings, Inc. Expands Board of DirectorsFebruary 27, 2024 | finance.yahoo.comCannae Holdings, Inc. Announces Agreement to Wind Down Management Services AgreementFebruary 27, 2024 | businesswire.comCannae Holdings, Inc. Announces Agreement to Wind Down Management Services AgreementFebruary 26, 2024 | cnn.comStock market basics: A beginner’s guideFebruary 24, 2024 | finance.yahoo.comCannae Holdings, Inc. (NYSE:CNNE) Just Reported Yearly Earnings: Have Analysts Changed Their Mind On The Stock?February 23, 2024 | cnn.comFox Corporation Class BFebruary 22, 2024 | finance.yahoo.comCannae Holdings, Inc. (NYSE:CNNE) Q4 2023 Earnings Call TranscriptFebruary 21, 2024 | finance.yahoo.comCannae Holdings, Inc. Announces Fourth Quarter and Full Year 2023 Financial ResultsFebruary 21, 2024 | finance.yahoo.comCannae Holdings, Inc. Announces Strategic Partnership With JANA PartnersSee More Headlines 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 Company Calendar Last Earnings2/21/2024Today4/23/2024Next Earnings (Estimated)5/14/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Eating & drinking places Sub-IndustryN/A Current SymbolNYSE:CNNE CUSIPN/A CIK1704720 Webwww.cannaeholdings.com Phone(833) 856-8534FaxN/AEmployees7,741Year FoundedN/APrice Target and Rating Average Stock Price Target$27.67 High Stock Price Target$30.00 Low Stock Price Target$26.00 Potential Upside/Downside+40.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($4.22) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-313,400,000.00 Net Margins-53.86% Pretax Margin-36.33% Return on Equity-12.31% Return on Assets-10.60% Debt Debt-to-Equity Ratio0.04 Current Ratio1.65 Quick Ratio1.65 Sales & Book Value Annual Sales$570 million Price / Sales2.21 Cash FlowN/A Price / Cash FlowN/A Book Value$32.66 per share Price / Book0.60Miscellaneous Outstanding Shares63,920,000Free Float59,189,000Market Cap$1.26 billion OptionableOptionable Beta0.89 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. William Patrick Foley II (Age 79)CEO, Chief Investment Officer & Chairman Comp: $12.12MMr. Bryan D. Coy (Age 54)Chief Financial Officer Comp: $182kMr. Michael Louis Gravelle (Age 62)EVP, General Counsel & Corporate Secretary Comp: $1.08MMr. Ryan Richard Caswell (Age 41)President Brett A. CorreiaChief Accounting OfficerMr. Peter Tadeusz Sadowski (Age 69)Executive VP & Chief Legal Officer More ExecutivesKey CompetitorsHeartland Financial USANASDAQ:HTLFSkyward Specialty Insurance GroupNASDAQ:SKWDEnterprise Financial ServicesNASDAQ:EFSCHorace Mann EducatorsNYSE:HMNReady CapitalNYSE:RCView All CompetitorsInsiders & InstitutionsRaymond James & AssociatesBought 44,949 shares on 4/22/2024Ownership: 0.518%Redmont Wealth Advisors LLCBought 1,942 shares on 4/19/2024Ownership: 0.048%Richard N MasseySold 30,000 sharesTotal: $588,900.00 ($19.63/share)Financial Management Professionals Inc.Bought 3,559 shares on 4/16/2024Ownership: 0.005%Triad Investment ManagementBought 21,981 shares on 4/12/2024Ownership: 0.277%View All Insider TransactionsView All Institutional Transactions CNNE Stock Analysis - Frequently Asked Questions Should I buy or sell Cannae stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cannae in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CNNE shares. View CNNE analyst ratings or view top-rated stocks. What is Cannae's stock price target for 2024? 3 Wall Street analysts have issued twelve-month price targets for Cannae's stock. Their CNNE share price targets range from $26.00 to $30.00. On average, they anticipate the company's share price to reach $27.67 in the next twelve months. This suggests a possible upside of 40.2% 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 2024? Cannae's stock was trading at $19.51 at the beginning of the year. Since then, CNNE stock has increased by 1.1% and is now trading at $19.73. View the best growth stocks for 2024 here. Are investors shorting Cannae? Cannae saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 1,300,000 shares, a drop of 36.3% from the March 15th total of 2,040,000 shares. Based on an average daily volume of 782,400 shares, the days-to-cover ratio is currently 1.7 days. Currently, 2.0% of the shares of the 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 Tuesday, May 14th 2024. View our CNNE earnings forecast. How were Cannae's earnings last quarter? Cannae Holdings, Inc. (NYSE:CNNE) announced its earnings results on Wednesday, February, 21st. The company reported ($0.83) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.66) by $0.17. The business had revenue of $119.30 million for the quarter, compared to the consensus estimate of $133.50 million. Cannae had a negative trailing twelve-month return on equity of 12.31% and a negative net margin of 53.86%. What ETF holds Cannae's stock? Invesco Global Listed Private Equity ETF holds 80,709 shares of CNNE stock, representing 0.70% of its portfolio. 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). Who are Cannae's major shareholders? Cannae's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Raymond James & Associates (0.52%), Triad Investment Management (0.28%), Confluence Investment Management LLC (0.19%), Redmont Wealth Advisors LLC (0.05%), Park Avenue Securities LLC (0.02%) and Financial Management Professionals Inc. (0.00%). Insiders that own company stock include Barry B Moullet, Bryan D Coy, Cannae Holdings, Inc 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:CNNE) was last updated on 4/23/2024 by MarketBeat.com Staff From Our PartnersThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingHealthcare Takes A Big Step Forward With The Help Of AIThe Bull Reporttop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyDid You Get Your Free Bitcoin Yet?Crypto Swap Profits[Shocking] Elon Musk’s Plan To End BanksCrypto 101 MediaForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm PressMan Who Predicted 2008: “This Will be Worse.”AltimetryThe #1 Crypto for 2024InvestorPlace 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
