Cannae Holdings Inc (CNNE)

NYSE
Currency in USD
19.78
+0.18(+0.92%)
Closed
After Hours
19.780.00(0.00%)
CNNE Scorecard
Full Analysis
Management has been aggressively buying back shares
Earnings results expected in 4 days
Fair Value
Day's Range
19.6119.87
52 wk Range
16.9422.99
Key Statistics
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Prev. Close
19.6
Open
19.71
Day's Range
19.61-19.87
52 wk Range
16.94-22.99
Volume
234.1K
Average Volume (3m)
269.07K
1-Year Change
-5.45%
Book Value / Share
30.03
Fair Value
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Fair Value Upside
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CNNE Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
28.00
Upside
+41.56%
Members' Sentiments
Bearish
Bullish
ProTips
High shareholder yield
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Cannae Company Profile

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.

Cannae Holdings Inc SWOT Analysis


Value Creation Focus
Explore Cannae Holdings' strategic shift towards enhancing shareholder value through dividend initiation and a renewed emphasis on private company investments
Portfolio Dynamics
Delve into the company's diversified investment approach and its potential impact on long-term growth and risk management strategies
Market Perception
Learn how Cannae's efforts to narrow the discount to intrinsic value are shaping investor sentiment and stock performance
Future Prospects
Analyst price target of $28.00 reflects cautious optimism, balancing value creation potential against challenges in private investment landscape
Read full SWOT analysis

Cannae Holdings Inc Earnings Call Summary for Q3/2024

  • Q3 revenues down to $114M, but net gains of $23M, improving from $130M loss YoY; $0.12/share dividend announced
  • Operating expenses reduced 33% to $132M; net asset value at $2.1B with shares trading at 37% discount
  • Acquired 53% stake in Watkins Company; sold Dayforce shares for $2.8B over 17 years
  • Transitioning to private investments (~$100M+); aiming for 20-25 portfolio positions to improve cash flow
  • Hired Tim Bezbatchenko as Black Knight Football President; focus on synergies across football investments
Last Updated: 13-11-2024, 09:52 pm
Read Full Transcript

Compare CNNE to Peers and Sector

Metrics to compare
CNNE
Peers
Sector
Relationship
P/E Ratio
−3.8x−15.6x8.9x
PEG Ratio
0.060.090.03
Price/Book
0.7x1.1x1.0x
Price / LTM Sales
2.7x6.5x2.8x
Upside (Analyst Target)
37.8%10.4%12.8%
Fair Value Upside
Unlock32.8%3.8%Unlock

Analyst Ratings

3 Buy
0 Hold
0 Sell
Ratings:
3 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 28.00
(+41.56% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS -4.87
Dividend Yield
-
Annualised payout
-
5-Years Growth
-
Growth Streak

Earnings

Latest Release
Nov 12, 2024
EPS / Forecast
-0.22 / -0.22
Revenue / Forecast
113.00M / 105.67M
EPS Revisions
Last 90 days

FAQ

What Is the Cannae (CNNE) Stock Price Today?

The Cannae stock price today is 19.78.

What Stock Exchange Does Cannae Trade On?

Cannae is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Cannae?

The stock symbol for Cannae is "CNNE."

Does Cannae Pay Dividends? What’s The Current Dividend Yield?

The Cannae dividend yield is 2.43%.

What Is the Cannae Market Cap?

As of today, Cannae market cap is 1.24B.

What is Cannae Earnings Per Share?

The Cannae EPS is -4.87.

What Is the Next Cannae Earnings Date?

Cannae will release its next earnings report on 18 Feb 2025.

From a Technical Analysis Perspective, Is CNNE a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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