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NYSE:CNNE - Cannae Stock Price, Forecast & News

$36.66
-0.31 (-0.84 %)
(As of 12/13/2019 04:00 PM ET)
Today's Range
$36.61
Now: $36.66
$37.02
50-Day Range
$27.96
MA: $33.91
$38.42
52-Week Range
$15.87
Now: $36.66
$38.63
Volume183,186 shs
Average Volume521,285 shs
Market Capitalization$2.64 billion
P/E Ratio53.13
Dividend YieldN/A
Beta0.97
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 is based in Las Vegas, Nevada.

Industry, Sector and Symbol

Industry Eating & drinking places
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone702-323-7330

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.21 billion
Cash Flow$1.50 per share
Book Value$16.69 per share

Profitability

Net Income$27.60 million

Miscellaneous

Employees26,413
Market Cap$2.64 billion
Next Earnings Date3/12/2020 (Estimated)
OptionableOptionable

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Cannae (NYSE:CNNE) Frequently Asked Questions

What is Cannae's stock symbol?

Cannae trades on the New York Stock Exchange (NYSE) under the ticker symbol "CNNE."

How were Cannae's earnings last quarter?

Cannae Holdings Inc (NYSE:CNNE) announced its quarterly earnings data on Tuesday, November, 12th. The company reported $0.64 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.54) by $1.18. The business earned $270.40 million during the quarter, compared to the consensus estimate of $279.65 million. Cannae had a net margin of 10.27% and a return on equity of 11.22%. The firm's quarterly revenue was up 9.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.02 earnings per share. View Cannae's Earnings History.

When is Cannae's next earnings date?

Cannae is scheduled to release their next quarterly earnings announcement on Thursday, March 12th 2020. View Earnings Estimates for Cannae.

What price target have analysts set for CNNE?

1 equities research analysts have issued 12 month target prices for Cannae's shares. Their forecasts range from $45.00 to $45.00. On average, they expect Cannae's stock price to reach $45.00 in the next year. This suggests a possible upside of 22.7% from the stock's current price. View Analyst Price Targets for Cannae.

What is the consensus analysts' recommendation for Cannae?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cannae in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cannae.

Has Cannae been receiving favorable news coverage?

Media headlines about CNNE stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Cannae earned a coverage optimism score of 0.6 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the immediate future. View News Stories for Cannae.

Are investors shorting Cannae?

Cannae saw a drop in short interest in the month of November. As of November 15th, there was short interest totalling 719,200 shares, a drop of 21.5% from the October 31st total of 916,100 shares. Based on an average daily volume of 208,000 shares, the short-interest ratio is currently 3.5 days. Approximately 1.1% of the shares of the company are sold short. View Cannae's Current Options Chain.

Who are some of Cannae's key competitors?

What other stocks do shareholders of Cannae own?

Who are Cannae's key executives?

Cannae's management team includes the folowing people:
  • Mr. Brent Bannister Bickett, Pres (Age 54)
  • Mr. Richard L. Cox CPA, Exec. VP & CFO (Age 53)
  • Mr. Michael Louis Gravelle, Exec. VP, Gen. Counsel & Corp. Sec. (Age 57)
  • Mr. David Ducommun, Sr. VP of Mergers & Acquisitions (Age 42)

Who are Cannae's major shareholders?

Cannae's stock is owned by many different of retail and institutional investors. Top institutional shareholders include River Road Asset Management LLC (4.35%), State Street Corp (2.01%), Millennium Management LLC (1.85%), Russell Investments Group Ltd. (0.91%), Confluence Investment Management LLC (0.85%) and Comerica Bank (0.63%). Company insiders that own Cannae stock include C Malcolm Holland III, Frank P Willey, Hugh R Harris, Michael L Gravelle, Richard L Cox and Richard N Massey. View Institutional Ownership Trends for Cannae.

Which major investors are selling Cannae stock?

CNNE stock was sold by a variety of institutional investors in the last quarter, including Ancora Advisors LLC, Comerica Bank, Barclays PLC, Russell Investments Group Ltd., Crescent Grove Advisors LLC, Triad Investment Management, Confluence Investment Management LLC and Envestnet Asset Management Inc.. View Insider Buying and Selling for Cannae.

Which major investors are buying Cannae stock?

CNNE stock was bought by a variety of institutional investors in the last quarter, including Millennium Management LLC, River Road Asset Management LLC, Alps Advisors Inc., State Street Corp, Alpha Windward LLC, California Public Employees Retirement System, Squarepoint Ops LLC and Rhumbline Advisers. Company insiders that have bought Cannae stock in the last two years include C Malcolm Holland III, Frank P Willey, Hugh R Harris, Michael L Gravelle, Richard L Cox and Richard N Massey. View Insider Buying and Selling for Cannae.

How do I buy shares of Cannae?

Shares of CNNE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Cannae's stock price today?

One share of CNNE stock can currently be purchased for approximately $36.66.

How big of a company is Cannae?

Cannae has a market capitalization of $2.64 billion and generates $1.21 billion in revenue each year. The company earns $27.60 million in net income (profit) each year or $0.69 on an earnings per share basis. Cannae employs 26,413 workers across the globe.View Additional Information About Cannae.

What is Cannae's official website?

The official website for Cannae is http://www.cannaeholdings.com/.

How can I contact Cannae?

Cannae's mailing address is 1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV, 89134. The company can be reached via phone at 702-323-7330.


MarketBeat Community Rating for Cannae (NYSE CNNE)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  91 (Vote Outperform)
Underperform Votes:  103 (Vote Underperform)
Total Votes:  194
MarketBeat's community ratings are surveys of what our community members think about Cannae and other stocks. Vote "Outperform" if you believe CNNE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CNNE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/14/2019 by MarketBeat.com Staff

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