Cannae Holdings, Inc. (CNNE)

NYSE: CNNE · IEX Real-Time Price · USD
20.38
-0.34 (-1.62%)
May 20, 2024, 1:42 PM EDT - Market open
-1.62%
Market Cap 1.28B
Revenue (ttm) 526.40M
Net Income (ttm) -399.20M
Shares Out 62.77M
EPS (ttm) -5.54
PE Ratio n/a
Forward PE 74.07
Dividend $0.12 (0.59%)
Ex-Dividend Date Jun 14, 2024
Volume 57,045
Open 20.58
Previous Close 20.71
Day's Range 20.38 - 20.70
52-Week Range 15.93 - 22.99
Beta 0.91
Analysts Buy
Price Target 27.67 (+35.8%)
Earnings Date May 9, 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
CEO William Patrick Foley II
Employees 7,741
Stock Exchange NYSE
Ticker Symbol CNNE
Full Company Profile

Financial Performance

In 2023, CNNE'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 3 analysts, the average rating for CNNE stock is "Buy." The 12-month stock price forecast is $27.67, which is an increase of 35.80% from the latest price.

Price Target
$27.67
(35.80% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

10 days ago - Business Wire

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...

10 days 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...

24 days 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...

6 weeks 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...

6 weeks 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 ...

2 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...

2 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...

2 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...

3 months ago - Business Wire

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...

3 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 ...

3 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...

3 months ago - Business Wire

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...

6 months ago - Business Wire

Cannae Holdings, Inc. Announces Third Quarter 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 third quarter 2023 financial results after the market close...

7 months ago - Business Wire

Cannae Holdings, Inc. Announces Second Quarter 2023 Financial Results

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

10 months ago - Business Wire

VR Advisory Services Ltd's Recent Transaction in Onyx Acquisition Co I

VR Advisory Services Ltd (Trades, Portfolio), a prominent investment firm, recently executed a transaction involving Onyx Acquisition Co I ( ONYXU , Financial). This article provides an in-depth analy...

Other symbols: ALEWZHTZPAM
10 months ago - GuruFocus

Cannae Holdings, Inc. Announces Second Quarter 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 second quarter 2023 financial results after the market clos...

10 months ago - Business Wire

Cannae Holdings, Inc. Announces Settlement of Action

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE:CNNE) (“Cannae” or the “Company”) today announced court approval of the Stipulation and Agreement of Compromise, Settlement, and Release (collec...

1 year ago - Business Wire

Cannae Holdings, Inc. Provides Update on Share Repurchase Program

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE:CNNE) (“Cannae” or the “Company”) today provided an update on its previously authorized stock repurchase program. The Company currently has auth...

1 year ago - Business Wire

Cannae Holdings, Inc. Announces First Quarter 2023 Financial Results

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

1 year ago - Business Wire

Cannae Holdings, Inc. Announces First Quarter 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 first quarter 2023 financial results after the market close...

1 year ago - Business Wire

Cannae Holdings, Inc. Announces Fourth Quarter and Full Year 2022 Financial Results

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) has released its fourth quarter and full year 2022 financial results by posting them to its website. Please v...

1 year ago - Business Wire

Cannae Holdings, Inc. Announces Fourth Quarter and Full Year 2022 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 2022 financial results after t...

1 year ago - Business Wire

Cannae Please Have a Big Discount?

Cannae Holdings Inc. ( CNNE , Financial) is a diversified holding company led by William P. Foley, II that offers shareholders the opportunity to invest in a variety of public and private companies.

1 year ago - GuruFocus

Black Knight Football Club Led by Managing General Partner William P. Foley, II and Cannae Holdings Announces Strategic Partnership With FC Lorient

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today announced that Black Knight Football and Entertainment, LP (“BKFE” or the “Partnership”), a partnersh...

1 year ago - Business Wire