NYSE:CNNE Cannae (CNNE) Stock Price, News & Analysis → “The Stock Market’s Bull Run is Far from Over” -Barrons (From Vertical Research Advisory) (Ad) Free CNNE Stock Alerts $22.24 -0.21 (-0.94%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$22.18▼$22.5450-Day Range$19.74▼$22.5252-Week Range$15.93▼$22.92Volume1.48 million shsAverage Volume719,501 shsMarket Capitalization$1.61 billionP/E RatioN/ADividend YieldN/APrice Target$27.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Cannae alerts: Email Address Cannae MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside24.4% Upside$27.67 Price TargetShort InterestHealthy3.08% of Float Sold ShortDividend StrengthN/ASustainability-0.49Upright™ Environmental ScoreNews Sentiment0.33Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.93) to ($0.63) Per ShareSee Full Details Hide Full Details 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.3.85 out of 5 starsFinance Sector323rd out of 851 stocksEating & Drinking Places Industry3rd out of 6 stocks 2.5 Analyst's Opinion Consensus RatingCannae has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $27.67, Cannae has a forecasted upside of 24.4% from its current price of $22.24.Amount of Analyst CoverageCannae has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted3.08% of the float of Cannae has been sold short.Short Interest Ratio / Days to CoverCannae has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Cannae has recently decreased by 6.42%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldCannae does not currently pay a dividend.Dividend GrowthCannae does not have a long track record of dividend growth. Previous Next 2.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCannae has received a 15.05% net impact score from Upright. Cannae seems to create the most significant positive value in categories "Jobs", "Taxes", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is false driven by its "Discretionary investment management services" product. See details.Environmental SustainabilityThe Environmental Impact score for Cannae is -0.49. Previous Next 1.9 News and Social Media Coverage News SentimentCannae has a news sentiment score of 0.33. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.61 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Cannae this week, compared to 2 articles on an average week.MarketBeat FollowsOnly 2 people have added Cannae to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cannae insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 7.40% of the stock of Cannae is held by insiders.Percentage Held by Institutions88.12% of the stock of Cannae is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Cannae are expected to grow in the coming year, from ($0.93) to ($0.63) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cannae is -5.27, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Cannae is -5.27, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioCannae has a P/B Ratio of 0.68. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Vertical Research Advisory“The Stock Market’s Bull Run is Far from Over” -BarronsBarron's reports that the "stock market's bull run is FAR from over…" And recent economic growth will fuel the price of select stocks in the coming months!Click here for all the details now… 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.Read More CNNE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CNNE Stock News HeadlinesMarch 28, 2024 | cnn.comNIO Inc. Sponsored ADR Class AMarch 22, 2024 | uk.investing.comCannae Holdings Inc (CNNE)March 28, 2024 | Vertical Research Advisory (Ad)“The Stock Market’s Bull Run is Far from Over” -BarronsBarron's reports that the "stock market's bull run is FAR from over…" And recent economic growth will fuel the price of select stocks in the coming months!March 12, 2024 | cnn.comKey Mayoral RacesMarch 12, 2024 | cnn.comNew York City MayorMarch 6, 2024 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Consumer Cyclical Stocks: Dollar General (DG) and Cannae Holdings (CNNE)March 3, 2024 | finance.yahoo.comCannae Holdings Full Year 2023 Earnings: Misses ExpectationsMarch 1, 2024 | businesswire.comCannae Holdings, Inc. Commences Cash Tender Offer to Purchase Up to $200 Million in Value of Shares of its Common StockMarch 28, 2024 | Vertical Research Advisory (Ad)“The Stock Market’s Bull Run is Far from Over” -BarronsBarron's reports that the "stock market's bull run is FAR from over…" And recent economic growth will fuel the price of select stocks in the coming months!February 27, 2024 | businesswire.comCannae Holdings, Inc. Expands Board of DirectorsFebruary 27, 2024 | finance.yahoo.comCannae Holdings, Inc. Announces Agreement to Wind Down Management Services AgreementFebruary 27, 2024 | businesswire.comCannae Holdings, Inc. Announces Agreement to Wind Down Management Services AgreementFebruary 26, 2024 | cnn.comStock market basics: A beginner’s guideFebruary 24, 2024 | finance.yahoo.comCannae Holdings, Inc. (NYSE:CNNE) Just Reported Yearly Earnings: Have Analysts Changed Their Mind On The Stock?February 23, 2024 | cnn.comFox Corporation Class BFebruary 22, 2024 | finance.yahoo.comCannae Holdings, Inc. (NYSE:CNNE) Q4 2023 Earnings Call TranscriptFebruary 21, 2024 | finance.yahoo.comCannae Holdings, Inc. Announces Fourth Quarter and Full Year 2023 Financial ResultsFebruary 21, 2024 | finance.yahoo.comCannae Holdings, Inc. Announces Strategic Partnership With JANA PartnersFebruary 21, 2024 | businesswire.comCannae Holdings, Inc. Announces Fourth Quarter and Full Year 2023 Financial ResultsFebruary 21, 2024 | businesswire.comCannae Holdings, Inc. Announces Strategic Partnership With JANA PartnersFebruary 10, 2024 | cnn.comNew York AG and Trump lawyers tell judge they don’t want to wait for civil fraud verdictFebruary 9, 2024 | finance.yahoo.comCannae Holdings, Inc. Announces Fourth Quarter and Full Year 2023 Earnings Release Date and Conference CallJanuary 6, 2024 | cnn.comTGI Fridays abruptly closes 36 restaurants. See the listJanuary 6, 2024 | cnn.comISIS claims responsibility for deadliest attack in Iran since 1979 revolutionJanuary 4, 2024 | cnn.comHarvard President Claudine Gay resigns after plagiarism and campus antisemitism accusationsDecember 31, 2023 | edition.cnn.comThe ‘most wonderful time of year’ can be hard if you’re grieving. Here’s how to copeDecember 31, 2023 | cnn.comWhat lessons from trauma therapy can teach us about griefSee More Headlines Receive CNNE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Cannae and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/21/2024Today3/28/2024Next Earnings (Estimated)5/14/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Eating & drinking places Sub-IndustryN/A Current SymbolNYSE:CNNE CUSIPN/A CIK1704720 Webwww.cannaeholdings.com Phone(833) 856-8534FaxN/AEmployees7,741Year FoundedN/APrice Target and Rating Average Stock Price Target$27.67 High Stock Price Target$30.00 Low Stock Price Target$26.00 Potential Upside/Downside+24.4%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($4.22) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-313,400,000.00 Net Margins-53.86% Pretax Margin-36.33% Return on Equity-12.31% Return on Assets-10.60% Debt Debt-to-Equity Ratio0.04 Current Ratio1.65 Quick Ratio1.65 Sales & Book Value Annual Sales$570 million Price / Sales2.83 Cash FlowN/A Price / Cash FlowN/A Book Value$32.66 per share Price / Book0.68Miscellaneous Outstanding Shares72,480,000Free Float67,118,000Market Cap$1.61 billion OptionableOptionable Beta0.89 These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.Get This Free Report Key ExecutivesMr. Bryan D. Coy (Age 54)Chief Financial Officer Comp: $182kMr. Michael Louis Gravelle (Age 62)EVP, General Counsel & Corporate Secretary Comp: $1.08MMr. Ryan Richard Caswell (Age 41)President Brett A. CorreiaChief Accounting OfficerMr. Peter Tadeusz Sadowski (Age 69)Executive VP & Chief Legal Officer Mr. Charles R. Curley Jr. (Age 52)Executive VP & General Counsel More ExecutivesKey CompetitorsCustomers BancorpNYSE:CUBILakeland FinancialNASDAQ:LKFNThe Gabelli Equity TrustNYSE:GABEmpire State Realty TrustNYSE:ESRTRetail Opportunity InvestmentsNASDAQ:ROICView All CompetitorsInsiders & InstitutionsQuadrature Capital LtdSold 2,425 shares on 3/25/2024Ownership: 0.034%PNC Financial Services Group Inc.Sold 10,901 shares on 3/22/2024Ownership: 0.019%Vanguard Group Inc.Sold 548,733 shares on 3/11/2024Ownership: 8.714%Goldman Sachs Group Inc.Sold 53,089 shares on 3/1/2024Ownership: 1.459%American International Group Inc.Sold 1,594 shares on 2/28/2024Ownership: 0.048%View All Insider TransactionsView All Institutional Transactions CNNE Stock Analysis - Frequently Asked Questions Should I buy or sell Cannae stock right now? 3 Wall Street 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 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 Wall Street research analysts have issued 1 year target prices for Cannae's shares. Their CNNE share price targets range from $26.00 to $30.00. On average, they predict the company's stock price to reach $27.67 in the next twelve months. This suggests a possible upside of 24.4% 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 start of the year. Since then, CNNE stock has increased by 14.0% and is now trading at $22.24. View the best growth stocks for 2024 here. Are investors shorting Cannae? Cannae saw a drop in short interest in the month of March. As of March 15th, there was short interest totaling 2,040,000 shares, a drop of 6.4% from the February 29th total of 2,180,000 shares. Based on an average daily trading volume, of 643,100 shares, the days-to-cover ratio is presently 3.2 days. Approximately 3.1% of the company's shares 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 Tuesday, May 14th 2024. View our CNNE earnings forecast. How were Cannae's earnings last quarter? Cannae Holdings, Inc. (NYSE:CNNE) posted its quarterly earnings data on Wednesday, February, 21st. The company reported ($0.83) EPS for the quarter, missing the consensus estimate of ($0.66) by $0.17. The company earned $119.30 million during the quarter, compared to analysts' expectations of $133.50 million. Cannae had a negative net margin of 53.86% and a negative trailing twelve-month return on equity of 12.31%. What ETF holds Cannae's stock? Invesco Global Listed Private Equity ETF holds 74,654 shares of CNNE stock, representing 0.68% 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 Vanguard Group Inc. (8.93%), Vanguard Group Inc. (8.71%), River Road Asset Management LLC (7.91%), DAVENPORT & Co LLC (6.73%), Newtyn Management LLC (4.85%) and Nitorum Capital L.P. (3.55%). 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 3/28/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeGrab Your Free Bitcoin Today!Crypto Swap ProfitsMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceTop Project Outperforms BTC in 2023…Crypto 101 MediaForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill Publishing“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyFed launches fourth dollar overhaulStansberry Research Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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