Cannae HoldingsCNNE
CNNE
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, BKFC, Corporate and Other. 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: 7,317
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
20% more funds holding in top 10
Funds holding in top 10: 5 [Q4 2024] → 6 (+1) [Q1 2025]
2.98% more ownership
Funds ownership: 81.32% [Q4 2024] → 84.3% (+2.98%) [Q1 2025]
4% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 27
4% less capital invested
Capital invested by funds: $1.02B [Q4 2024] → $970M (-$45.3M) [Q1 2025]
2% less funds holding
Funds holding: 207 [Q4 2024] → 202 (-5) [Q1 2025]
17% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 76
54% less call options, than puts
Call options by funds: $145K | Put options by funds: $316K
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$22
12%
upside
Avg. target
$22
12%
upside
High target
$22
12%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
RBC Capital Kenneth Lee | 12%upside $22 | Outperform Reiterated | 14 May 2025 |
Financial journalist opinion
Neutral
Seeking Alpha
1 month ago
Cannae Holdings, Inc. (CNNE) Q1 2025 Earnings Call Transcript
Cannae Holdings, Inc. (NYSE:CNNE ) Q1 2025 Earnings Conference Call May 12, 2025 5:00 PM ET Company Participants Jamie Lillis - Solebury Strategic Communications Ryan Caswell - Chief Executive Officer Bryan Coy - Chief Financial Officer Conference Call Participants Kenneth Lee - RBC Capital Markets Ian Zaffino - Oppenheimer Operator Good afternoon ladies and gentlemen and welcome to the Cannae Holdings, Inc. First Quarter 2025 Financial Results Conference Call. During today's presentation, all parties will be in a listen-only mode.
Negative
Zacks Investment Research
1 month ago
Cannae Holdings, Inc. (CNNE) Reports Q1 Loss, Lags Revenue Estimates
Cannae Holdings, Inc. (CNNE) came out with a quarterly loss of $0.59 per share versus the Zacks Consensus Estimate of a loss of $0.56. This compares to loss of $1.27 per share a year ago.
Neutral
Business Wire
1 month ago
Cannae Holdings, Inc. Announces First Quarter 2025 Financial Results
LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) has released its first quarter 2025 financial results by posting them to its website. Please visit the Cannae website at www.cannaeholdings.com to view the first quarter 2025 financial results, which are included in its Letter to Shareholders. Conference Call As previously announced, Cannae will host a conference call, today, May 12, 2025 at 5:00pm (Eastern Time), to discuss its first quarter 2025 results.
Neutral
Business Wire
1 month ago
Cannae Holdings, Inc. Announces Executive Management Succession, Board Refreshment, and Additional Strategic Actions to Unlock Shareholder Value
LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today announced that the Company's Board of Directors (the “Board”) has approved a series of strategic actions designed to unlock shareholder value; including diversifying the Company's portfolio; broadening its capital allocation opportunities and appointing two new independent directors to its Board with significant investment and governance experience. In addition, the Board announced an executive mana.
Neutral
Business Wire
1 month ago
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 30, 2025, to shareholders of record as of June 16, 2025. 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.
Neutral
Business Wire
1 month ago
Cannae Holdings, Inc. Announces First Quarter 2025 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 2025 financial results after the market close on Monday, May 12, 2025. 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 Quar.
Positive
Zacks Investment Research
2 months ago
Cannae (CNNE) Surges 7.8%: Is This an Indication of Further Gains?
Cannae (CNNE) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Neutral
Business Wire
2 months ago
Cannae Holdings, Inc. Announces Expected Use of At Least $460 Million for Share Repurchases, Dividends, and Debt Repayment
LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today announced that it plans to use at least $460 million, from the proceeds of the recently announced sale of Dun & Bradstreet (“DNB”), to repurchase shares of its common stock, pay future quarterly dividends, and retire existing debt. As a result, Cannae would utilize at least 72% of its expected DNB sale proceeds as a capital return to shareholders and as debt repayment. The Company expects to rep.
Neutral
Business Wire
2 months ago
Cannae Holdings, Inc. Announces Support for Dun & Bradstreet Sale Transaction, An Increase in Share Buyback Authorization and a Transition to a Declassified Board
LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today announced its support for the sale of Dun & Bradstreet (“DNB”), increased its share buyback authorization to approximately 23 million shares, and plans to transition to a declassified board with annual elections. William P. Foley, II, CEO and Chairman of Cannae, commented, "I would like to congratulate the DNB Board of Directors and management team on their recent announcement of the sale of the.
Neutral
Business Wire
2 months ago
Cannae Holdings, Inc. Responds to Carronade Capital and Affirms the Board of Directors' and Management's Focus on Driving Long-Term Value Creation
LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today issued a response to Carronade Capital's recent statement and director nomination notice. The Company also highlighted the significant actions already taken to position the Company for long-term value creation. In February 2024, Cannae began taking decisive action, with a sharp eye towards improving and monetizing its investment holdings, returning capital to shareholders, and reducing operational e.
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