NYSE:CNNE - Cannae Stock Price, Price Target & More

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$20.25 +0.06 (+0.30 %)
(As of 05/25/2018 04:00 PM ET)
Previous Close$20.19
Today's Range$20.12 - $20.38
52-Week Range$16.16 - $21.34
Volume274,700 shs
Average Volume386,039 shs
Market Capitalization$1.40 billion
P/E Ratio13.15
Dividend YieldN/A
Beta0.62

About Cannae (NYSE:CNNE)

Cannae logoCannae 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.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.01
Current Ratio1.84
Quick Ratio1.52

Price-To-Earnings

Trailing P/E Ratio13.15
Forward P/E Ratio-49.39
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.17 billion
Price / Sales1.22
Cash Flow$2.4107 per share
Price / Cash8.40
Book Value$16.28 per share
Price / Book1.24

Profitability

EPS (Most Recent Fiscal Year)$1.54
Net Income$108.80 million
Net Margins7.36%
Return on Equity3.00%
Return on Assets1.59%

Miscellaneous

Employees27,385
Outstanding Shares70,570,000

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 (NYSE:CNNE) released its quarterly earnings data on Wednesday, May, 9th. The company reported ($0.02) earnings per share for the quarter, beating analysts' consensus estimates of ($0.10) by $0.08. The firm earned $294 million during the quarter, compared to analyst estimates of $294.70 million. Cannae had a return on equity of 3.00% and a net margin of 7.36%. The business's revenue for the quarter was up 6.9% on a year-over-year basis. View Cannae's Earnings History.

Are investors shorting Cannae?

Cannae saw a increase in short interest during the month of April. As of April 30th, there was short interest totalling 1,673,664 shares, an increase of 113.9% from the April 13th total of 782,424 shares. Based on an average daily volume of 1,008,570 shares, the short-interest ratio is presently 1.7 days. Approximately 2.5% of the company's shares are sold short.

Who are some of Cannae's key competitors?

Who are Cannae's key executives?

Cannae's management team includes the folowing people:
  • Mr. William Patrick Foley II, Exec. Chairman & CEO (Age 73)
  • Mr. Brent Bannister Bickett, Pres (Age 53)
  • Mr. Richard L. Cox CPA, Exec. VP & CFO (Age 52)
  • Mr. Michael Louis Gravelle, Exec. VP & Corp. Sec. (Age 56)
  • Mr. David Ducommun, Sr. VP of Mergers & Acquisitions (Age 41)

Has Cannae been receiving favorable news coverage?

News articles about CNNE stock have trended somewhat positive on Friday, according to Accern. Accern identifies positive and negative news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Cannae earned a media sentiment score of 0.19 on Accern's scale. They also gave headlines about the company an impact score of 45.52 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Who are Cannae's major shareholders?

Cannae's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.83%), ABDIEL QUALIFIED MASTER FUND LP (5.02%), River Road Asset Management LLC (4.17%), Dimensional Fund Advisors LP (2.89%), Schwab Charles Investment Management Inc. (1.36%) and Russell Investments Group Ltd. (1.18%). 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 River Road Asset Management LLC, California Public Employees Retirement System, BlackRock Inc., Schwab Charles Investment Management Inc., Prudential Financial Inc., Maltese Capital Management LLC, Russell Investments Group Ltd. and Citadel Advisors LLC. View Insider Buying and Selling for Cannae.

Which institutional investors are buying Cannae stock?

CNNE stock was bought by a variety of institutional investors in the last quarter, including Ancora Advisors LLC, Alps Advisors Inc., Mackay Shields LLC, Millennium Management LLC, Dupont Capital Management Corp, O Shaughnessy Asset Management LLC, Great West Life Assurance Co. Can and Royal Bank of Canada. 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, Scottrade, Fidelity and Charles Schwab.

What is Cannae's stock price today?

One share of CNNE stock can currently be purchased for approximately $20.25.

How big of a company is Cannae?

Cannae has a market capitalization of $1.40 billion and generates $1.17 billion in revenue each year. The company earns $108.80 million in net income (profit) each year or $1.54 on an earnings per share basis. Cannae employs 27,385 workers across the globe.

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 (CNNE)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  23 (Vote Outperform)
Underperform Votes:  23 (Vote Underperform)
Total Votes:  46
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.

Analyst Ratings

Cannae (NYSE:CNNE) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
(Data available from 5/25/2016 forward)

Earnings

Cannae (NYSE:CNNE) Earnings History and Estimates Chart

Earnings by Quarter for Cannae (NYSE:CNNE)

Cannae (NYSE:CNNE) Earnings Estimates

Current Year EPS Consensus Estimate: $-0.41 EPS
Next Year EPS Consensus Estimate: $-0.35 EPS

Cannae (NYSE CNNE) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/9/2018Q1 2018($0.10)($0.02)$294.70 million$294.00 millionViewN/AView Earnings Details
3/14/2018Q4 2017($0.27)($0.07)$317.40 millionViewListenView Earnings Details
10/25/2017Q3 2017($0.07)($0.08)$279.00 millionViewN/AView Earnings Details
7/19/2017Q2 2017($0.03)$1.81$599.00 millionViewN/AView Earnings Details
5/3/2017Q1 2017$0.04$0.01$328.00 millionViewN/AView Earnings Details
2/1/2017Q4 2016$0.03($0.03)$339.00 millionViewN/AView Earnings Details
11/2/2016Q3 2016$0.09($0.01)$319.00 millionViewN/AView Earnings Details
7/20/2016Q2 2016$0.01$0.06$348.00 millionViewN/AView Earnings Details
4/27/2016Q1 2016$0.10$0.08$329.00 millionViewN/AView Earnings Details
2/10/2016Q4 2015$0.05$0.04$398.00 millionViewN/AView Earnings Details
7/29/2015Q2 2015$0.08$0.18$404.70 million$400.00 millionViewN/AView Earnings Details
5/4/2015Q1 2015$0.08$0.03$478.00 millionViewN/AView Earnings Details
2/18/2015Q4 2014$0.11$0.12$398.00 millionViewN/AView Earnings Details
10/29/2014Q3 2014$0.14$0.06$657.00 millionViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Dividends

Cannae (NYSE:CNNE) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Cannae (NYSE CNNE) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 4.90%
Institutional Ownership Percentage: 79.88%
Insider Trading History for Cannae (NYSE:CNNE)
Institutional Ownership by Quarter for Cannae (NYSE:CNNE)

Cannae (NYSE CNNE) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/23/2018Hugh R HarrisDirectorBuy15,000$19.87$298,050.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Cannae (NYSE CNNE) News Headlines

Source:
DateHeadline
Insider Buying: Cannae Holdings (CNNE) Director Buys 15,000 Shares of StockInsider Buying: Cannae Holdings (CNNE) Director Buys 15,000 Shares of Stock
www.americanbankingnews.com - May 24 at 4:17 PM
Comparing Starbucks (SBUX) & Cannae (CNNE)Comparing Starbucks (SBUX) & Cannae (CNNE)
www.americanbankingnews.com - May 23 at 7:12 PM
Financial Survey: Jamba (JMBA) versus Cannae (CNNE)Financial Survey: Jamba (JMBA) versus Cannae (CNNE)
www.americanbankingnews.com - May 22 at 5:29 AM
Critical Survey: Shake Shack (SHAK) vs. Cannae (CNNE)Critical Survey: Shake Shack (SHAK) vs. Cannae (CNNE)
www.americanbankingnews.com - May 20 at 3:09 AM
-$0.06 EPS Expected for Cannae Holdings (CNNE) This Quarter-$0.06 EPS Expected for Cannae Holdings (CNNE) This Quarter
www.americanbankingnews.com - May 18 at 9:24 PM
Zacks: Cannae Holdings (CNNE) Given Consensus Recommendation of "Buy" by AnalystsZacks: Cannae Holdings (CNNE) Given Consensus Recommendation of "Buy" by Analysts
www.americanbankingnews.com - May 17 at 1:31 PM
Cannae (CNNE) Downgraded by Zacks Investment ResearchCannae (CNNE) Downgraded by Zacks Investment Research
www.americanbankingnews.com - May 16 at 8:19 PM
Cannae (CNNE) vs. Shake Shack (SHAK) Critical AnalysisCannae (CNNE) vs. Shake Shack (SHAK) Critical Analysis
www.americanbankingnews.com - May 16 at 3:17 PM
Post Earnings Research Report: Legg Mason’s Revenue Grew 9%; Adjusted EPS Jumped 13%Post Earnings Research Report: Legg Mason’s Revenue Grew 9%; Adjusted EPS Jumped 13%
finance.yahoo.com - May 16 at 9:28 AM
Cannae Holdings (CNNE) Short Interest Up 113.9% in AprilCannae Holdings (CNNE) Short Interest Up 113.9% in April
www.americanbankingnews.com - May 16 at 3:35 AM
Critical Review: Jamba Juice (JMBA) vs. Cannae (CNNE)Critical Review: Jamba Juice (JMBA) vs. Cannae (CNNE)
www.americanbankingnews.com - May 14 at 9:12 PM
Edited Transcript of CNNE.N earnings conference call or presentation 10-May-18 3:00pm GMTEdited Transcript of CNNE.N earnings conference call or presentation 10-May-18 3:00pm GMT
finance.yahoo.com - May 11 at 3:24 PM
Cannae Holdings (CNNE) Management on Q1 2018 Results - Earnings Call TranscriptCannae Holdings (CNNE) Management on Q1 2018 Results - Earnings Call Transcript
seekingalpha.com - May 11 at 9:15 AM
Cannae (CNNE) Upgraded to "Buy" at Zacks Investment ResearchCannae (CNNE) Upgraded to "Buy" at Zacks Investment Research
www.americanbankingnews.com - May 10 at 8:41 PM
Cannae Holdings beats by $0.07, beats on revenueCannae Holdings beats by $0.07, beats on revenue
seekingalpha.com - May 10 at 9:15 AM
Cannae Reports First Quarter 2018 Results with $1.06 Billion Book Value of Portfolio Company Investments, or $14.95 Per ShareCannae Reports First Quarter 2018 Results with $1.06 Billion Book Value of Portfolio Company Investments, or $14.95 Per Share
finance.yahoo.com - May 10 at 9:15 AM
Cannae (CNNE) Posts Quarterly  Earnings Results, Beats Estimates By $0.08 EPSCannae (CNNE) Posts Quarterly Earnings Results, Beats Estimates By $0.08 EPS
www.americanbankingnews.com - May 9 at 9:14 PM
Cannae (CNNE) Stock Rating Lowered by Zacks Investment ResearchCannae (CNNE) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - May 3 at 8:26 PM
Zacks: Analysts Set $20.25 Target Price for Cannae Holdings (CNNE)Zacks: Analysts Set $20.25 Target Price for Cannae Holdings (CNNE)
www.americanbankingnews.com - May 2 at 3:34 PM
Cannae Holdings, Inc. Announces First Quarter 2018 Earnings Release Date and Conference CallCannae Holdings, Inc. Announces First Quarter 2018 Earnings Release Date and Conference Call
finance.yahoo.com - May 2 at 8:49 AM
Cannae (CNNE) Stock Rating Upgraded by Zacks Investment ResearchCannae (CNNE) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - May 1 at 10:56 PM
 Brokerages Expect Cannae Holdings (CNNE) Will Announce Earnings of -$0.09 Per Share Brokerages Expect Cannae Holdings (CNNE) Will Announce Earnings of -$0.09 Per Share
www.americanbankingnews.com - May 1 at 9:18 AM
Cannae Holdings, Inc. Announces Completion of Ceridian HCM Holding Inc. Initial Public Offering and Debt RefinancingCannae Holdings, Inc. Announces Completion of Ceridian HCM Holding Inc. Initial Public Offering and Debt Refinancing
finance.yahoo.com - May 1 at 8:54 AM
[$$] Ceridian Shares Up Sharply in Public Debut[$$] Ceridian Shares Up Sharply in Public Debut
finance.yahoo.com - April 27 at 8:50 AM
Cannae Holdings, Inc. Announces Pricing of Ceridian’s Initial Public OfferingCannae Holdings, Inc. Announces Pricing of Ceridian’s Initial Public Offering
finance.yahoo.com - April 26 at 8:52 AM
Critical Analysis: Cannae (CNNE) & Empire Resorts (NYNY)Critical Analysis: Cannae (CNNE) & Empire Resorts (NYNY)
www.americanbankingnews.com - April 20 at 3:13 AM
Brokerages Expect Cannae Holdings Inc (CNNE) to Announce ($0.09) EPSBrokerages Expect Cannae Holdings Inc (CNNE) to Announce ($0.09) EPS
www.americanbankingnews.com - April 16 at 5:33 AM
-$0.09 EPS Expected for Cannae Holdings Inc (CNNE) This Quarter-$0.09 EPS Expected for Cannae Holdings Inc (CNNE) This Quarter
www.americanbankingnews.com - April 14 at 9:19 AM
Ceridian HCM Holding Inc. (CDAY) Announces Proposed 21M Share IPO Between $19-21/ShCeridian HCM Holding Inc. (CDAY) Announces Proposed 21M Share IPO Between $19-21/Sh
www.streetinsider.com - April 13 at 8:19 AM
[$$] Ceridian Sets IPO Price Range[$$] Ceridian Sets IPO Price Range
finance.yahoo.com - April 12 at 3:23 PM
Ceridian HCM Holding sets terms of IPO to raise up to $441 millionCeridian HCM Holding sets terms of IPO to raise up to $441 million
finance.yahoo.com - April 12 at 8:34 AM
Comparing Cannae (CNNE) and Dunkin Brands (DNKN)Comparing Cannae (CNNE) and Dunkin' Brands (DNKN)
www.americanbankingnews.com - April 6 at 10:12 AM
Zacks: Analysts Set $18.75 Price Target for Cannae Holdings Inc (CNNE)Zacks: Analysts Set $18.75 Price Target for Cannae Holdings Inc (CNNE)
www.americanbankingnews.com - April 1 at 3:10 AM
Zacks: Brokerages Anticipate Cannae Holdings Inc (CNNE) to Post -$0.09 Earnings Per ShareZacks: Brokerages Anticipate Cannae Holdings Inc (CNNE) to Post -$0.09 Earnings Per Share
www.americanbankingnews.com - March 28 at 11:20 AM
Ceridian HCM Holding Inc. -- Moodys affirms Ceridian HCMs B3 CFR and revises outlook to positive on announced plans for IPO; rates new term loan and revolver at B3Ceridian HCM Holding Inc. -- Moody's affirms Ceridian HCM's B3 CFR and revises outlook to positive on announced plans for IPO; rates new term loan and revolver at B3
finance.yahoo.com - March 26 at 3:21 PM
Cannae (CNNE) Lifted to "Strong-Buy" at ValuEngineCannae (CNNE) Lifted to "Strong-Buy" at ValuEngine
www.americanbankingnews.com - March 25 at 3:47 PM
Comparing Stifel (SF) and Cannae (CNNE)Comparing Stifel (SF) and Cannae (CNNE)
www.americanbankingnews.com - March 19 at 1:36 PM
 Cannae Holdings Inc (CNNE) Given $18.75 Consensus Target Price by Analysts Cannae Holdings Inc (CNNE) Given $18.75 Consensus Target Price by Analysts
www.americanbankingnews.com - March 17 at 3:29 AM
Cannae (CNNE) Announces  Earnings ResultsCannae (CNNE) Announces Earnings Results
www.americanbankingnews.com - March 15 at 1:26 PM
Cannae Holdings beats by $0.22, beats on revenueCannae Holdings beats by $0.22, beats on revenue
seekingalpha.com - March 15 at 7:48 AM
Cannae Reports Fourth Quarter 2017 Results With $1.06 Billion Book Value of Portfolio Company Investments, or $14.95 Per ShareCannae Reports Fourth Quarter 2017 Results With $1.06 Billion Book Value of Portfolio Company Investments, or $14.95 Per Share
finance.yahoo.com - March 15 at 7:48 AM
Should You Be Tempted To Buy Cannae Holdings Inc (NYSE:CNNE) Because Of Its PE Ratio?Should You Be Tempted To Buy Cannae Holdings Inc (NYSE:CNNE) Because Of Its PE Ratio?
finance.yahoo.com - March 15 at 7:48 AM
 Analysts Set $18.75 Price Target for Cannae Holdings Inc (CNNE) Analysts Set $18.75 Price Target for Cannae Holdings Inc (CNNE)
www.americanbankingnews.com - March 9 at 5:40 PM
Cannae Holdings, Inc. Announces Fourth Quarter and Full Year 2017 Earnings Release Date and Conference CallCannae Holdings, Inc. Announces Fourth Quarter and Full Year 2017 Earnings Release Date and Conference Call
finance.yahoo.com - March 9 at 7:33 AM
 Cannae Holdings Inc (CNNE) Given Average Rating of "Buy" by Brokerages Cannae Holdings Inc (CNNE) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - March 4 at 3:26 PM
1,433,449 Shares in Cannae Holdings Inc (CNNE) Acquired by Lionstone Capital Management LLC1,433,449 Shares in Cannae Holdings Inc (CNNE) Acquired by Lionstone Capital Management LLC
www.americanbankingnews.com - March 4 at 2:45 PM
Financial Contrast: iShares S&P NA Tec. Semi. Idx. Fd.(ETF) (SOXX) and Cannae (CNNE)Financial Contrast: iShares S&P NA Tec. Semi. Idx. Fd.(ETF) (SOXX) and Cannae (CNNE)
www.americanbankingnews.com - February 28 at 11:38 AM
Citadel Advisors LLC Takes $1.94 Million Position in Cannae Holdings Inc (CNNE)Citadel Advisors LLC Takes $1.94 Million Position in Cannae Holdings Inc (CNNE)
www.americanbankingnews.com - February 28 at 10:52 AM
Zacks: Cannae Holdings Inc (CNNE) Given $18.75 Consensus Price Target by BrokeragesZacks: Cannae Holdings Inc (CNNE) Given $18.75 Consensus Price Target by Brokerages
www.americanbankingnews.com - February 23 at 4:44 PM
 Analysts Expect Cannae Holdings Inc (CNNE) Will Post Earnings of -$0.07 Per Share Analysts Expect Cannae Holdings Inc (CNNE) Will Post Earnings of -$0.07 Per Share
www.americanbankingnews.com - February 22 at 11:16 AM

SEC Filings

Cannae (NYSE:CNNE) SEC Filings

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Social Media

Financials

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Chart

Cannae (NYSE CNNE) Stock Chart for Friday, May, 25, 2018

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This page was last updated on 5/25/2018 by MarketBeat.com Staff

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