Cannae Holdings, Inc. (CNNE)

NYSE: CNNE · Real-Time Price · USD
19.99
+0.30 (1.52%)
Dec 20, 2024, 4:00 PM EST - Market closed
1.52%
Market Cap 1.25B
Revenue (ttm) 461.90M
Net Income (ttm) -323.30M
Shares Out 62.74M
EPS (ttm) -4.87
PE Ratio n/a
Forward PE n/a
Dividend $0.36 (1.80%)
Ex-Dividend Date Dec 17, 2024
Volume 295,562
Open 19.51
Previous Close 19.69
Day's Range 19.51 - 20.14
52-Week Range 16.94 - 22.99
Beta 0.85
Analysts Buy
Price Target 27.00 (+35.07%)
Earnings Date Nov 12, 2024

About 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. [Read more]

Industry Restaurants
Founded 2014
Employees 7,741
Stock Exchange NYSE
Ticker Symbol CNNE
Full Company Profile

Financial Performance

In 2023, Cannae Holdings's revenue was $570.00 million, a decrease of -13.91% compared to the previous year's $662.10 million. Losses were -$313.40 million, -26.79% less than in 2022.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for CNNE stock is "Buy." The 12-month stock price forecast is $27.0, which is an increase of 35.07% from the latest price.

Price Target
$27.0
(35.07% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Cannae Holdings eyes participating in deal for Rapid7, quits group with activist

Cannae Holdings plans to hold talks about participating in a deal to acquire Rapid7 and will stop working with the activist investor that has been urging the cybersecurity company to put itself up for...

Other symbols: RPD
3 days ago - Reuters

Cannae Holdings, Inc. (CNNE) Q3 2024 Earnings Call Transcript

Cannae Holdings, Inc. (NYSE:CNNE) Q3 2024 Earnings Conference Call November 12, 2024 5:00 PM ET Company Participants Jamie Lillis - Solebury Strategic Communications Ryan Caswell - Chief Executive Of...

5 weeks ago - Seeking Alpha

Cannae Holdings, Inc. Announces Third Quarter 2024 Financial Results

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) has released its third quarter 2024 financial results by posting them to its website. Please visit the Cannae...

5 weeks ago - Business Wire

Cannae Holdings, Inc. Announces Quarterly Cash Dividend of $0.12

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today announced that its Board of Directors has declared a quarterly cash dividend of $0.12 per share. The di...

6 weeks ago - Business Wire

Cannae Holdings, Inc. Announces Third Quarter 2024 Earnings Release Date and Conference Call

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today announced that the Company will release its third quarter 2024 financial results after the market close...

7 weeks ago - Business Wire

Cannae Holdings, Inc. and KDSA to Acquire Majority Stake in The Watkins Company

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) in partnership with KDSA Investment Partners (“KDSA”) announced today an agreement to acquire a majority stak...

2 months ago - Business Wire

Cannae Holdings: Invest Along With Bill Foley At A Big Discount To NAV

Cannae Capital is a holding company founded by Bill Foley, offering a chance to invest alongside him at a discount to fair value. Strategies to close the valuation gap include share buybacks, dividend...

4 months ago - Seeking Alpha

Cannae Holdings, Inc. (CNNE) Q2 2024 Earnings Call Transcript

Cannae Holdings, Inc. (NYSE:CNNE) Q2 2024 Results Conference Call August 8, 2024 5:00 PM ET Company Participants Jamie Lillis - Solebury Strategic Communications Ryan Caswell - Chief Executive Office...

4 months ago - Seeking Alpha

Cannae Holdings, Inc. Announces Second Quarter 2024 Financial Results

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) has released its second quarter 2024 financial results by posting them to its website. Please visit the Canna...

4 months ago - Business Wire

Cannae Holdings, Inc. Announces Second Quarter 2024 Earnings Release Date and Conference Call

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today announced that the Company will release its second quarter 2024 financial results after the market clos...

5 months ago - Business Wire

Cannae Holdings, Inc. (CNNE) Q1 2024 Earnings Call Transcript

Cannae Holdings, Inc. (NYSE:CNNE) Q1 2024 Earnings Conference Call May 9, 2024 5:00 PM ET Company Participants Jamie Lillis - Managing Director, Solebury Strategic Communications Bill Foley - Chairma...

8 months ago - Seeking Alpha

Cannae Holdings, Inc. Announces First Quarter 2024 Financial Results

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) has released its first quarter 2024 financial results by posting them to its website. Please visit the Cannae...

8 months ago - Business Wire

Cannae Holdings, Inc. Announces First Quarter 2024 Earnings Release Date and Conference Call

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today announced that the Company will release its first quarter 2024 financial results after the market close...

8 months ago - Business Wire

Cannae Holdings, Inc. Announces Final Results of Modified Dutch Auction Tender Offer

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today announced the final results of its modified “Dutch auction” tender offer (the “Offer”) to purchase up t...

9 months ago - Business Wire

Cannae Holdings, Inc. Announces Preliminary Results of Modified Dutch Auction Tender Offer

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today announced preliminary results of its modified “Dutch auction” tender offer (the “Offer”) to purchase up...

9 months ago - Business Wire

Cannae Holdings, Inc. Commences Cash Tender Offer to Purchase Up to $200 Million in Value of Shares of its Common Stock

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today announced the commencement of a tender offer (the “Offer”) to purchase up to $200 million in aggregate ...

10 months ago - Business Wire

Cannae Holdings, Inc. Expands Board of Directors

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today announced that its Board of Directors voted to expand the size of its board to twelve members, and elec...

10 months ago - Business Wire

Cannae Holdings, Inc. Announces Agreement to Wind Down Management Services Agreement

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today announced that the Company has agreed to wind down its Management Services Agreement (“MSA”) with Trasi...

10 months ago - Business Wire

Cannae Holdings, Inc. (CNNE) Q4 2023 Earnings Call Transcript

Cannae Holdings, Inc. (CNNE) Q4 2023 Earnings Call Transcript

10 months ago - Seeking Alpha

Cannae Holdings, Inc. Announces Strategic Partnership With JANA Partners

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today announced a strategic partnership with JANA Partners (“JANA”), an investment firm focused on creating v...

10 months ago - Business Wire

Cannae Holdings, Inc. Announces Fourth Quarter and Full Year 2023 Financial Results

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) has released its fourth quarter and full year 2023 financial results by posting them to its website. Please v...

10 months ago - Business Wire

Cannae Holdings, Inc. Announces William P. Foley II as CEO

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today announced that it has appointed Chairman William P. Foley II as Chief Executive Officer of the Company ...

11 months ago - Business Wire

Cannae Holdings, Inc. Announces Fourth Quarter and Full Year 2023 Earnings Release Date and Conference Call

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today announced that the Company will release its fourth quarter and full year 2023 financial results after t...

11 months ago - Business Wire

Cannae Holdings, Inc. (CNNE) Q3 2023 Earnings Call Transcript

Cannae Holdings, Inc. (CNNE) Q3 2023 Earnings Call Transcript

1 year ago - Seeking Alpha

Cannae Holdings, Inc. Announces Third Quarter 2023 Financial Results

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) has released its third quarter 2023 financial results by posting them to its website. Please visit the Cannae...

1 year ago - Business Wire