Cannae Holdings, Inc. (CNNE)
NYSE: CNNE · Real-Time Price · USD
20.90
+0.36 (1.75%)
Nov 21, 2024, 1:50 PM EST - Market open

Cannae Holdings Statistics

Total Valuation

CNNE has a market cap or net worth of $1.31 billion. The enterprise value is $1.43 billion.

Market Cap 1.31B
Enterprise Value 1.43B

Important Dates

The last earnings date was Tuesday, November 12, 2024, after market close.

Earnings Date Nov 12, 2024
Ex-Dividend Date Sep 16, 2024

Share Statistics

CNNE has 62.74 million shares outstanding. The number of shares has decreased by -11.80% in one year.

Current Share Class 62.74M
Shares Outstanding 62.74M
Shares Change (YoY) -11.80%
Shares Change (QoQ) +0.32%
Owned by Insiders (%) 9.42%
Owned by Institutions (%) 83.63%
Float 56.83M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 2.95
Forward PS 2.49
PB Ratio 0.68
P/TBV Ratio 0.72
P/FCF Ratio n/a
P/OCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 3.09
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 2.55, with a Debt / Equity ratio of 0.18.

Current Ratio 2.55
Quick Ratio 2.32
Debt / Equity 0.18
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -12.07

Financial Efficiency

Return on equity (ROE) is -15.16% and return on invested capital (ROIC) is -3.50%.

Return on Equity (ROE) -15.16%
Return on Assets (ROA) -3.34%
Return on Capital (ROIC) -3.50%
Revenue Per Employee $59,669
Profits Per Employee -$41,765
Employee Count 7,741
Asset Turnover 0.18
Inventory Turnover n/a

Taxes

Income Tax -3.80M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +14.30% in the last 52 weeks. The beta is 0.87, so CNNE's price volatility has been lower than the market average.

Beta (5Y) 0.87
52-Week Price Change +14.30%
50-Day Moving Average 19.47
200-Day Moving Average 19.79
Relative Strength Index (RSI) 56.53
Average Volume (20 Days) 362,997

Short Selling Information

The latest short interest is 860,894, so 1.37% of the outstanding shares have been sold short.

Short Interest 860,894
Short Previous Month 1.47M
Short % of Shares Out 1.37%
Short % of Float 1.51%
Short Ratio (days to cover) 2.03

Income Statement

In the last 12 months, CNNE had revenue of $461.90 million and -$323.30 million in losses. Loss per share was -$4.87.

Revenue 461.90M
Gross Profit 14.00M
Operating Income -135.20M
Pretax Income -505.10M
Net Income -323.30M
EBITDA -121.80M
EBIT -135.20M
Loss Per Share -$4.87
Full Income Statement

Balance Sheet

The company has $169.60 million in cash and $330.20 million in debt, giving a net cash position of -$160.60 million or -$2.56 per share.

Cash & Cash Equivalents 169.60M
Total Debt 330.20M
Net Cash -160.60M
Net Cash Per Share -$2.56
Equity (Book Value) 1.86B
Book Value Per Share 30.03
Working Capital 130.60M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$111.40 million and capital expenditures -$7.60 million, giving a free cash flow of -$119.00 million.

Operating Cash Flow -111.40M
Capital Expenditures -7.60M
Free Cash Flow -119.00M
FCF Per Share -$1.90
Full Cash Flow Statement

Margins

Gross margin is 3.03%, with operating and profit margins of -29.27% and -69.99%.

Gross Margin 3.03%
Operating Margin -29.27%
Pretax Margin -70.21%
Profit Margin -69.99%
EBITDA Margin -26.37%
EBIT Margin -29.27%
FCF Margin -19.71%

Dividends & Yields

This stock pays an annual dividend of $0.48, which amounts to a dividend yield of 2.29%.

Dividend Per Share $0.48
Dividend Yield 2.29%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield 11.80%
Shareholder Yield 14.12%
Earnings Yield -24.69%
FCF Yield -9.09%
Dividend Details

Analyst Forecast

The average price target for CNNE is $27.00, which is 29.03% higher than the current price. The consensus rating is "Buy".

Price Target $27.00
Price Target Difference 29.03%
Analyst Consensus Buy
Analyst Count 2
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

CNNE has an Altman Z-Score of 2.32 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.32
Piotroski F-Score 2