NYSE:CNNE

Cannae (CNNE) Stock Price, News & Analysis

$20.54
+0.32 (+1.58%)
(As of 05/10/2024 ET)
Today's Range
$19.96
$20.68
50-Day Range
$19.41
$22.53
52-Week Range
$15.93
$22.99
Volume
455,219 shs
Average Volume
714,593 shs
Market Capitalization
$1.29 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$27.67

Cannae MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
34.7% Upside
$27.67 Price Target
Short Interest
Healthy
3.01% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.49
Upright™ Environmental Score
News Sentiment
-0.67mentions of Cannae in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$2.10 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.93) to ($0.63) Per Share

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.

4.01 out of 5 stars

Finance Sector

291st out of 876 stocks

Eating & Drinking Places Industry

3rd out of 6 stocks

CNNE stock logo

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.

CNNE Stock Price History

CNNE Stock News Headlines

Biggest hedge fund manager has huge warning for U.S. dollar
Prescient CEO Makes Shocking New Prediction Known for his eerily accurate market calls over the years, this CEO has just revealed his newest prediction about "America's New Money."
Biggest hedge fund manager has huge warning for U.S. dollar
Prescient CEO Makes Shocking New Prediction Known for his eerily accurate market calls over the years, this CEO has just revealed his newest prediction about "America's New Money."
CNNE Cannae Holdings, Inc.
Cannae Holdings, Inc. (CNNE)
Cannae Holdings Inc Ordinary Shares
Cannae Holdings Insider Ups Holding By 13% During Year
NIO Inc. Sponsored ADR Class A
Cannae Holdings Inc (CNNE)
Key Mayoral Races
New York City Mayor
See More Headlines
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Company Calendar

Last Earnings
2/21/2024
Today
5/10/2024
Next Earnings (Estimated)
8/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Eating & drinking places
Sub-Industry
N/A
Fax
N/A
Employees
7,741
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$27.67
High Stock Price Target
$30.00
Low Stock Price Target
$26.00
Potential Upside/Downside
+36.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-313,400,000.00
Pretax Margin
-36.33%

Debt

Sales & Book Value

Annual Sales
$570 million
Book Value
$32.66 per share

Miscellaneous

Free Float
58,127,000
Market Cap
$1.27 billion
Optionable
Optionable
Beta
0.91
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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 year. 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 analysts have issued 1 year price targets for Cannae's shares. Their CNNE share price targets range from $26.00 to $30.00. On average, they predict the company's share price to reach $27.67 in the next twelve months. This suggests a possible upside of 34.7% 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 5.3% and is now trading at $20.54.
View the best growth stocks for 2024 here
.

Are investors shorting Cannae?

Cannae saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 1,730,000 shares, an increase of 9.5% from the April 15th total of 1,580,000 shares. Based on an average trading volume of 797,300 shares, the days-to-cover ratio is currently 2.2 days. Currently, 3.0% of the shares of the stock are short sold.
View Cannae's Short Interest
.

When is Cannae's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 14th 2024.
View our CNNE earnings forecast
.

How were Cannae's earnings last quarter?

Cannae Holdings, Inc. (NYSE:CNNE) posted its quarterly earnings results on Thursday, May, 9th. The company reported ($1.27) EPS for the quarter, missing the consensus estimate of ($0.33) by $0.94. The company earned $110.70 million during the quarter, compared to analyst estimates of $126.23 million. Cannae had a negative net margin of 53.86% and a negative trailing twelve-month return on equity of 12.31%. Cannae's revenue was down 28.3% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.05) EPS.

How often does Cannae pay dividends? What is the dividend yield for Cannae?

Cannae declared a -- dividend on Friday, May 10th. Shareholders of record on Friday, June 14th will be given a dividend of $0.12 per share on Friday, June 28th. The ex-dividend date of this dividend is Friday, June 14th.
Read our dividend analysis for CNNE
.

What ETF holds Cannae's stock?

Invesco Global Listed Private Equity ETF holds 82,897 shares of CNNE stock, representing 0.69% 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 retail and institutional investors. Top institutional shareholders include DAVENPORT & Co LLC (7.32%), Poehling Capital Management INC. (1.13%), Raymond James & Associates (0.52%), Crescent Grove Advisors LLC (0.50%), Russell Investments Group Ltd. (0.36%) and Triad Investment Management (0.28%). 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 5/10/2024 by MarketBeat.com Staff

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