Cannae Holdings
CNNE

$20.15

1.77%

Market Cap: 1.26B

About: Cannae Holdings Inc is a holding company that manages and operates a group of companies and investments. The company's reportable segments are Restaurant Group, Dun & Bradstreet, Alight, BKFE, Corporate and Other Affiliate Elimination. Majority of the company's revenue is generated from its Restaurant Group segment which represents the operations of O'Charley's and Ninety Nine Restaurants.

Employees: 7,741

Consumer Discretionary Eating & Drinking Places

0

Funds holding %

of 6,702 funds

–

Analysts bullish %

–

News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

12% more capital invested

Capital invested by funds: $1.15B [Q4 2023] → $1.29B (+$144M) [Q1 2024]

6% less repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 67

3.06% less ownership

Funds ownership: 83.43% [Q4 2023] → 80.37% (-3.06%) [Q1 2024]

4% less funds holding

Funds holding: 219 [Q4 2023] → 210 (-9) [Q1 2024]

19% less first-time investments, than exits

New positions opened: 38 | Existing positions closed: 47

36% less funds holding in top 10

Funds holding in top 10: 11 [Q4 2023] → 7 (-4) [Q1 2024]

78% less call options, than puts

Call options by funds: $493K | Put options by funds: $2.26M

See Fund Rankings

Research analyst outlook

2 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$25

24%

upside

Avg. target

$26

29%

upside

High target

$27

34%

upside

2 analyst ratings

2 positive

100%

0 neutral

0%

0 negative

0%

Oppenheimer Ian Zaffino	34%upside $27	Outperform Maintained	6 Mar 2024
Oppenheimer Ian Zaffino	24%upside $25	Outperform Maintained	22 Feb 2024

See Analyst Rankings

Financial journalist opinion

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 close on Thursday, August 8, 2024. The Company will also hold a conference call to discuss its financial results at 5:00 pm (Eastern Time) on the same day. The conference call can be accessed by dialing 1-800-245-3047 (domestic) or 1-203-518-9765 (international) and asking for the Cannae Holdings Secon.

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

Zacks Investment Research

New Strong Sell Stocks for July 10th

ASEKY, CNNE and GHI have been added to the Zacks Rank #5 (Strong Sell) List on July 10, 2024.

New Strong Sell Stocks for July 10th

Buy Now, Profit Later: Fintech Stocks to Buy for the 2024 Boom

S&P Global Market Intelligence's 2024 Trends in Fintech highlighted 10 trends for this year, which will culminate in the industry's return to a more normal business environment. While it doesn't provide fintech stocks to buy, it does provide hints on where to look in 2024.

Buy Now, Profit Later: Fintech Stocks to Buy for the 2024 Boom

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 - Chairman & Chief Executive Officer Ryan Caswell - President Bryan Coy - Chief Financial Officer Conference Call Participants John Campbell - Stephens Ian Zaffino - Oppenheimer Operator Good afternoon, ladies and gentlemen, and welcome to the Cannae Holdings Inc. First Quarter 2024 Financial Results Conference Call. During today's presentation, all parties will be in a listen-only mode.

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

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 dividend will be payable June 28, 2024, to shareholders of record as of June 14, 2024. About Cannae Holdings, Inc. We primarily acquire interests in operating companies and are actively engaged in managing and operating a core group of those companies. We believe that our long-term ownership and acti.

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

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 website at www.cannaeholdings.com to view the first quarter 2024 financial results, which are included in its Letter to Shareholders. Conference Call As previously announced, Cannae will host a conference call, today, May 9, 2024 at 5:00pm (Eastern Time), to discuss its first quarter 2024 results.

Cannae Holdings, Inc. Announces First Quarter 2024 Financial Results

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 on Thursday, May 9, 2024. The Company will also hold a conference call to discuss its financial results at 5:00 pm (Eastern Time) on the same day. The conference call can be accessed by dialing 1-844-826-3035 (domestic) or 1-412-317-5195 (international) and asking for the Cannae Holdings First Qua.

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

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 to $200 million in aggregate purchase price of its outstanding shares of common stock, par value $0.0001 per share (each, a “Share”), at a single per-Share price not greater than $23.75 nor less than $20.75 per Share. The Offer expired at 12:00 midnight, New York City time, at the end of the day on.

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

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 to $200 million in aggregate purchase price of its outstanding shares of common stock, par value $0.0001 per share (each, a “Share”), at a single per-Share price not greater than $23.75 nor less than $20.75 per share. The Offer expired at 12:00 midnight, New York City time, at the end of the day o.

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

Zacks Investment Research

Wall Street Analysts See a 27.39% Upside in Cannae Holdings, Inc. (CNNE): Can the Stock Really Move This High?

The consensus price target hints at a 27.4% upside potential for Cannae Holdings, Inc. (CNNE). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts See a 27.39% Upside in Cannae Holdings, Inc. (CNNE): Can the Stock Really Move This High?

See News Rankings