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NYSE:CNNE - Cannae Stock Price, Forecast & News

$42.05
-0.38 (-0.90 %)
(As of 02/23/2020 03:14 PM ET)
Today's Range
$41.13
Now: $42.05
$44.87
50-Day Range
$37.87
MA: $39.94
$42.85
52-Week Range
$22.08
Now: $42.05
$44.87
Volume572,549 shs
Average Volume337,350 shs
Market Capitalization$3.03 billion
P/E Ratio32.10
Dividend YieldN/A
Beta0.98
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$1.52 per share
Book Value$16.69 per share

Profitability

Net Income$27.60 million

Miscellaneous

Employees26,413
Market Cap$3.03 billion
Next Earnings Date5/14/2020 (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) released its quarterly earnings results on Tuesday, November, 12th. The company reported $0.64 EPS for the quarter, beating the consensus estimate of ($0.54) by $1.18. The firm 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%. Cannae's revenue for the quarter was up 9.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.02 EPS. View Cannae's Earnings History.

When is Cannae's next earnings date?

Cannae is scheduled to release their next quarterly earnings announcement on Thursday, May 14th 2020. View Earnings Estimates for Cannae.

What price target have analysts set for CNNE?

1 brokerages have issued 12-month price targets for Cannae's shares. Their forecasts range from $45.00 to $45.00. On average, they anticipate Cannae's share price to reach $45.00 in the next twelve months. This suggests a possible upside of 7.0% 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?

News coverage about CNNE stock has trended negative recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Cannae earned a media sentiment score of -2.4 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Cannae.

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 a number of of institutional and retail investors. Top institutional investors include Capital Research Global Investors (9.24%), River Road Asset Management LLC (5.15%), Nitorum Capital L.P. (4.99%), FMR LLC (4.90%), State Street Corp (2.02%) and Advisory Research Inc. (1.69%). 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 institutional investors are selling Cannae stock?

CNNE stock was sold by a variety of institutional investors in the last quarter, including Advisory Research Inc., Nitorum Capital L.P., Goldman Sachs Group Inc., Comerica Bank, Natixis Advisors L.P., Renaissance Technologies LLC, Raymond James & Associates and FMR LLC. View Insider Buying and Selling for Cannae.

Which institutional investors are buying Cannae stock?

CNNE stock was acquired by a variety of institutional investors in the last quarter, including Capital World Investors, River Road Asset Management LLC, Marshall Wace LLP, Geode Capital Management LLC, Key Square Capital Management LLC, Alyeska Investment Group L.P., Third Point LLC and Blackstone Group Inc. 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 $42.05.

How big of a company is Cannae?

Cannae has a market capitalization of $3.03 billion and generates $1.21 billion in revenue each year. The company earns $27.60 million in net income (profit) each year or $1.76 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:  106 (Vote Outperform)
Underperform Votes:  124 (Vote Underperform)
Total Votes:  230
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 2/23/2020 by MarketBeat.com Staff

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