NYSE:CNNE - Cannae Stock Price, News & Analysis

$28.52
-0.96 (-3.26 %)
(As of 08/23/2019 04:00 PM ET)
Today's Range
$28.40
Now: $28.52
$29.5388
50-Day Range
$27.32
MA: $28.86
$30.75
52-Week Range
$15.87
Now: $28.52
$32.03
Volume194,703 shs
Average Volume198,525 shs
Market Capitalization$2.06 billion
P/E Ratio22.72
Dividend YieldN/A
Beta0.83
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$1.4777 per share
Book Value$17.34 per share

Profitability

Net Income$27.60 million

Miscellaneous

Employees26,413
Market Cap$2.06 billion
Next Earnings Date11/14/2019 (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 Thursday, August, 8th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.06 by $0.21. The company earned $285.10 million during the quarter, compared to analysts' expectations of $281.25 million. Cannae had a net margin of 6.21% and a return on equity of 7.73%. The business's quarterly revenue was down 5.7% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.28) 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, November 14th 2019. View Earnings Estimates for Cannae.

What price target have analysts set for CNNE?

1 brokerages have issued 1-year target prices for Cannae's shares. Their predictions range from $25.00 to $25.00. On average, they anticipate Cannae's share price to reach $25.00 in the next twelve months. This suggests that the stock has a possible downside of 12.3%. 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 stories about CNNE stock have been trending positive recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news 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 media sentiment score of 2.5 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the stock's share price in the immediate future. View News Stories for Cannae.

Are investors shorting Cannae?

Cannae saw a decrease in short interest in July. As of July 15th, there was short interest totalling 908,000 shares, a decrease of 6.2% from the June 15th total of 968,300 shares. Based on an average trading volume of 209,900 shares, the days-to-cover ratio is presently 4.3 days. Approximately 1.4% of the shares of the stock are short sold. 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 a variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.49%), BlackRock Inc. (6.83%), Lomas Capital Management LLC (1.34%), Ancora Advisors LLC (1.15%), Northern Trust Corp (1.14%) and Charles Schwab Investment Management Inc. (1.08%). Company insiders that own Cannae stock include C Malcolm Holland III, Hugh R Harris 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 Maltese Capital Management LLC, Renaissance Technologies LLC, Alps Advisors Inc., BlackRock Inc., Comerica Bank, JPMorgan Chase & Co., D. E. Shaw & Co. Inc. and Charles Schwab Investment Management Inc.. 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 Nuveen Asset Management LLC, Confluence Investment Management LLC, Vanguard Group Inc., Hennessy Advisors Inc., Creative Planning, Wells Fargo & Company MN, A.R.T. Advisors LLC and Lomas Capital Management LLC. Company insiders that have bought Cannae stock in the last two years include C Malcolm Holland III, Hugh R Harris 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, Scottrade, Fidelity and Charles Schwab.

What is Cannae's stock price today?

One share of CNNE stock can currently be purchased for approximately $28.52.

How big of a company is Cannae?

Cannae has a market capitalization of $2.06 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:  2.4 out of 5 (star star)
Outperform Votes:  75 (Vote Outperform)
Underperform Votes:  84 (Vote Underperform)
Total Votes:  159
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 8/24/2019 by MarketBeat.com Staff

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