CNNE - Cannae Holdings Inc Stock Price, Fair Value and News

20.72USD-0.33 (-1.57%)Market Closed

Market Summary

USD20.72-0.33

Market Closed

-1.57%

CNNE Alerts

1 major insider sales recently.

Big fall in Revenue (Y/Y)
Big fall in earnings (Y/Y)
Losses in recent quarter

CNNE Stock Price

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CNNE RSI Chart

CNNE Valuation

Market Cap

1.3B

Price/Earnings (Trailing)

-3.2

Price/Sales (Trailing)

2.47

EV/EBITDA

-4.54

Price/Free Cashflow

-12.49

CNNE Price/Sales (Trailing)

CNNE Profitability

EBT Margin

-54.07%

Return on Equity

-17.96%

Return on Assets

-15.59%

Free Cashflow Yield

-8%

CNNE Fundamentals

CNNE Revenue

Revenue (TTM)

526.4M

Rev. Growth (Yr)

-28.26%

Rev. Growth (Qtr)

-7.21%

CNNE Earnings

Earnings (TTM)

-406.8M

Earnings Growth (Yr)

-2.1K%

Earnings Growth (Qtr)

-24.26%

Breaking Down CNNE Revenue

Last 7 days

0.8%

Last 30 days

6.6%

Last 90 days

0.1%

Trailing 12 Months

6.5%

How does CNNE drawdown profile look like?

CNNE Financial Health

Current Ratio

3.32

Debt/Equity

0.03

Debt/Cashflow

-1.34

CNNE Investor Care

Dividend Yield

0.49%

Dividend/Share (TTM)

0.1

Buy Backs (1Y)

17.93%

Diluted EPS (TTM)

-5.52

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	526.4M	0	0	0
2023	649.0M	627.3M	606.4M	570.0M
2022	737.7M	709.8M	688.3M	662.1M
2021	584.6M	684.4M	730.7M	742.2M
2020	289.2M	370.4M	466.0M	585.7M
2019	109.8M	130.9M	151.9M	173.0M
2018	1.2B	1.2B	1.2B	88.8M
2017	1.2B	1.2B	1.2B	1.2B
2016	0	0	1.3B	1.2B
2015	0	0	0	1.4B

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Cannae Holdings Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 17, 2024	massey richard n	sold	-588,900	19.63	-30,000	chief executive officer
Apr 10, 2024	massey richard n	sold	-1,030,000	20.6	-50,000	chief executive officer
Apr 09, 2024	massey richard n	sold	-1,041,060	20.8213	-50,000	chief executive officer
Apr 05, 2024	massey richard n	sold	-474,081	20.5675	-23,050	chief executive officer
Mar 29, 2024	ammerman douglas k	acquired	12,232	22.24	550	-
Mar 29, 2024	martire frank r	acquired	25,020	22.24	1,125	-
Mar 29, 2024	harris hugh r	acquired	15,790	22.24	710	-
Mar 29, 2024	meinhardt erika	acquired	16,880	22.24	759	-
Mar 19, 2024	gravelle michael l	acquired	-	-	11,292	executive vice president
Mar 15, 2024	sadowski peter t	sold (taxes)	-53,472	21.96	-2,435	evp, chief legal officer

Which funds bought or sold CNNE recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	Murchinson Ltd.	new	-	469,486	469,486	0.04%
May 16, 2024	Ancora Advisors LLC	added	16.61	2,822,200	11,392,100	0.26%
May 16, 2024	JANE STREET GROUP, LLC	added	429	7,016,470	8,410,770	-%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-8.22	66,173	1,498,910	-%
May 16, 2024	COMERICA BANK	reduced	-48.8	-2,303,870	3,229,650	0.01%
May 16, 2024	EJF Capital LLC	new	-	3,213,680	3,213,680	2.23%
May 15, 2024	Steward Partners Investment Advisory, LLC	reduced	-0.09	28,697	235,366	-%
May 15, 2024	DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main	new	-	1,346,880	1,346,880	-%
May 15, 2024	CONTINENTAL ADVISORS LLC	reduced	-33.5	-1,060,020	3,320,650	1.34%
May 15, 2024	AMUNDI	unchanged	-	-14,235	228,109	-%

Are Funds Buying or Selling CNNE?

Are funds buying CNNE calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CNNE

No. of Funds

Unveiling Cannae Holdings Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 28, 2024	foley william p ii	6.6%	4,834,113	SC 13G
Feb 13, 2024	vanguard group inc	8.93%	6,315,775	SC 13G/A
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Feb 07, 2024	davenport & co llc	6.73%	4,758,233	SC 13G
Jan 30, 2024	river road asset management, llc	7.9%	5,589,766	SC 13G/A
Jan 24, 2024	blackrock inc.	9.3%	6,598,957	SC 13G/A
Apr 10, 2023	vanguard group inc	10.26%	7,825,101	SC 13G/A
Feb 13, 2023	fidelity national financial, inc.	0.0%	0	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G/A
Feb 09, 2023	vanguard group inc	9.30%	7,253,671	SC 13G/A

Recent SEC filings of Cannae Holdings Inc

View All Filings

Date Filed	Form Type	Document
May 10, 2024	DEFA14A	DEFA14A
May 10, 2024	SC 13D/A	13D - Major Acquisition
May 09, 2024	10-Q	Quarterly Report
May 09, 2024	13F-HR	Fund Holdings Report
May 09, 2024	8-K	Current Report
Apr 26, 2024	ARS	ARS
Apr 26, 2024	DEF 14A	DEF 14A
Apr 26, 2024	DEFA14A	DEFA14A
Apr 17, 2024	144	Notice of Insider Sale Intent
Apr 17, 2024	4	Insider Trading

Peers (Alternatives to Cannae Holdings Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MCD	196.3B	25.8B	0.90%	-7.37%	22.84	7.62	10.04%	25.02%
CMG	88.3B	10.2B	10.70%	53.32%	68.09	8.65	13.61%	25.56%
SBUX	88.2B	36.5B	-9.72%	-27.32%	21.2	2.41	7.45%	16.97%
DRI	18.4B	11.2B	0.67%	-5.02%	17.77	1.64	8.53%	9.08%
DPZ	17.9B	4.5B	6.48%	64.85%	33.14	3.94	-0.24%	15.90%
TXRH	11.3B	4.8B	13.56%	46.42%	33.22	2.37	13.73%	18.99%
MID-CAP
SHAK	4.2B	1.1B	4.53%	48.70%	173.21	3.76	18.35%	298.28%
BLMN	2.0B	4.6B	-12.86%	-10.70%	28.09	0.44	2.24%	-38.66%
PZZA	1.7B	2.1B	-16.19%	-30.39%	22.65	0.79	1.73%	-6.65%
SMALL-CAP
CAKE	2.0B	3.5B	14.84%	9.73%	18.4	0.57	2.64%	121.81%
JACK	1.0B	1.6B	-10.26%	-44.25%	8.93	0.63	0.14%	-10.41%
BJRI	858.9M	1.3B	15.69%	10.00%	35.93	0.65	0.21%	292.03%
CHUY	472.1M	459.3M	-9.63%	-29.44%	15.63	1.03	5.77%	28.21%
BDL	52.9M	181.9M	14.48%	0.78%	14.99	0.29	9.56%	-56.30%
ARKR	52.5M	185.2M	4.89%	-22.03%	-7.25	0.28	-2.24%	-199.86%

Cannae Holdings Inc News

Latest updates

Cannae Holdings Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-7.2%	110,700,000	119,300,000	143,600,000	152,800,000	154,300,000	155,700,000	164,500,000	174,500,000	167,400,000	181,900,000	186,000,000	202,400,000	171,900,000	170,400,000	139,700,000	102,600,000	173,000,000	50,700,000	44,100,000	21,400,000	56,800,000
Costs and Expenses	5.1%	151,300,000	144,000,000	195,500,000	172,400,000	177,000,000	176,400,000	185,800,000	201,500,000	243,000,000	218,400,000	210,800,000	238,600,000	207,900,000	231,500,000	168,100,000	148,300,000	226,300,000	342,100,000	278,500,000	293,600,000	273,400,000
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	294,000,000	309,600,000	289,100,000
EBITDA Margin	-59.9%	-0.48	-0.30	-0.17	0.37	0.11	-0.45	-0.73	-1.20	-0.53	-0.53	0.48	1.03	-	-	-	-	-	-	-	-	-
Interest Expenses	-29.7%	2,600,000	3,700,000	5,800,000	4,000,000	4,400,000	3,700,000	3,600,000	2,600,000	2,400,000	2,900,000	2,300,000	2,500,000	2,100,000	2,600,000	1,600,000	1,000,000	3,800,000	3,400,000	5,200,000	5,500,000	3,700,000
Income Taxes	408.7%	53,400,000	-17,300,000	-40,500,000	-21,800,000	2,600,000	21,500,000	17,000,000	-66,500,000	-61,900,000	-26,600,000	-34,700,000	49,300,000	-62,000,000	145,600,000	35,100,000	131,100,000	169,400,000	8,000,000	15,100,000	7,100,000	-6,000,000
Earnings Before Taxes	-473.7%	-49,700,000	13,300,000	-185,100,000	-63,100,000	27,800,000	80,600,000	150,100,000	-223,100,000	-343,200,000	-124,500,000	-194,600,000	235,800,000	-349,700,000	617,700,000	164,300,000	539,700,000	860,200,000	123,000,000	67,500,000	49,600,000	-2,200,000
EBT Margin	-48.8%	-0.54	-0.36	-0.23	0.31	0.05	-0.51	-0.79	-1.25	-0.58	-0.58	0.42	0.98	-	-	-	-	-	-	-	-	-
Net Income	-24.3%	-89,900,000	-72,350,000	-157,300,000	-87,200,000	-4,100,000	-48,500,000	55,300,000	-263,300,000	-247,600,000	-75,800,000	-121,000,000	176,400,000	-233,100,000	1,013,000,000	131,900,000	-6,400,000	647,700,000	24,500,000	46,200,000	23,400,000	-16,800,000
Net Income Margin	-37.2%	-0.77	-0.56	-0.49	-0.13	-0.40	-0.76	-0.77	-1.00	-0.36	-0.34	1.14	1.59	-	-	-	-	-	-	-	-	-
Free Cashflow	-8.1%	-36,000,000	-33,300,000	-28,600,000	-23,600,000	-28,400,000	-27,000,000	-62,500,000	-103,200,000	-47,200,000	-43,200,000	-83,100,000	-81,900,000	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2
Assets	-2.9%	2,610	2,687	2,841	2,996	3,133	3,126	1,216	3,188	3,493	3,890	4,165	4,440	4,305	4,613	1,495	2,000	3,789	2,705	2,092	1,894	1,852
Current Assets	89.3%	336	177	14.00	190	313	311	130	129	76.00	122	49.00	111	132	844	109	36.00	87.00	152	631	241	165
Cash Equivalents	124.4%	238	106	58.00	113	185	248	371	101	51.00	86.00	234	271	440	725	406	-	923	444	534	153	74.00
Inventory	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6.00	-	7.00	8.00	16.00	33.00	33.00
Net PPE	-2.6%	57.00	59.00	63.00	79.00	85.00	88.00	89.00	92.00	99.00	101	100	103	120	146	127	-	133	138	163	156	160
Goodwill	0%	53.00	53.00	53.00	53.00	53.00	53.00	53.00	53.00	53.00	53.00	53.00	53.00	53.00	53.00	54.00	-	54.00	54.00	66.00	77.00	77.00
Liabilities	-8.7%	345	378	396	414	414	411	446	482	450	549	723	898	904	828	713	638	545	585	562	619	620
Current Liabilities	-5.9%	101	108	238	128	124	123	209	187	230	180	8.00	1,666	79.00	202	53.00	26.00	39.00	41.00	199	185	177
Long Term Debt	-24.5%	77.00	103	100	98.00	100	95.00	96.00	96.00	14.00	14.00	220	25.00	46.00	52.00	37.00	-	64.00	43.00	120	194	195
LT Debt, Current	-24.0%	2.00	3.00	3.00	5.00	2.00	2.00	13.00	11.00	2.00	2.00	7.00	27.00	14.00	11.00	33.00	-	6.00	6.00	7.00	7.00	6.00
LT Debt, Non Current	-100.0%	-	103	100	98.00	100	95.00	96.00	96.00	14.00	14.00	220	25.00	46.00	52.00	37.00	-	64.00	43.00	120	194	195
Shareholder's Equity	-2.6%	2,265	2,325	140	2,582	2,719	2,719	173	2,706	3,043	3,341	179	3,634	3,550	3,785	3,272	-	3,134	2,205	1,530	1,275	1,232
Retained Earnings	-10.7%	805	901	966	1,123	1,211	1,215	1,187	1,132	1,395	1,643	1,752	1,873	1,697	1,930	1,399	-27.60	1,267	791	144	119	73.00
Additional Paid-In Capital	0.4%	1,985	1,977	1,966	1,957	1,946	1,936	1,924	1,914	1,894	1,888	1,884	1,881	1,878	1,876	1,872	812	1,868	1,406	1,397	1,156	1,152
Shares Outstanding	2.9%	72.00	70.00	71.00	73.00	76.00	76.00	83.00	85.00	86.00	90.00	90.00	91.00	-	-	-	-	-	-	-	-	-
Minority Interest	-12.4%	-17.20	-15.30	38.00	-10.00	-6.80	-3.90	107	3.00	4.00	6.00	138	6.00	5.00	6.00	12.00	-	16.00	25.00	41.00	63.00	67.00
Float	-	-	-	-	1,368	-	-	-	1,450	-	-	-	2,849	-	-	-	-	3,536	-	-	-	1,941

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-8.1%	-36,000	-33,300	-19,900	-14,900	-19,700	-18,300	-53,800	-94,500	-38,500	-34,500	-74,400	-73,200	6,000	77,000	-109,600	-47,000	-34,300	-45,100	-14,600	-30,500	6,000
Share Based Compensation	240.0%	3,400	1,000	1,000	900	600	500	300	400	300	400	700	600	700	900	1,100	1,100	1,100	1,300	1,400	1,000	900
Cashflow From Investing	124.3%	194,500	86,700	17,400	-6,600	-44,400	-41,100	360,600	135,900	65,800	165,300	-155,700	800	-282,800	249,700	-407,200	52,000	31,300	265,700	97,900	94,000	-481,800
Cashflow From Financing	-398.1%	-26,400	-5,300	-52,100	-50,600	1,200	-64,000	-36,300	8,500	-62,400	-279,200	189,000	-96,100	-4,100	-7,900	-	473,400	-86,400	159,900	-3,800	-111,000	274,000
Buy Backs	-100.0%	-	7,100	51,000	52,000	3,100	49,800	33,900	84,700	61,100	63,700	8,500	88,000	-	-	-	3,600	10,800	1,000	3,900	-	-

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CNNE Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues:
Total operating revenues	$ 110.7	$ 154.3
Operating expenses:
Cost of restaurant revenue	94.2	131.6
Personnel costs	23.2	15.6
Depreciation and amortization	3.3	5.1
Other operating expenses	30.6	24.7
Total operating expenses	151.3	177.0
Operating loss	(40.6)	(22.7)
Other income (expense):
Interest, investment and other income	2.1	2.8
Interest expense	(2.6)	(4.4)
Recognized (losses) gains, net	(8.6)	52.1
Total other (expense) income	(9.1)	50.5
(Loss) earnings before income taxes and equity in losses of unconsolidated affiliates	(49.7)	27.8
Income tax expense	53.4	2.6
(Loss) earnings before equity in earnings (losses) of unconsolidated affiliates	(103.1)	25.2
Equity in earnings (losses) of unconsolidated affiliates	11.3	(32.1)
Net loss	(91.8)	(6.9)
Less: Net loss attributable to noncontrolling interests	(1.9)	(2.8)
Net loss attributable to Cannae Holdings, Inc. common shareholders	$ (89.9)	$ (4.1)
Basic
Net loss per share (in usd per share)	$ (1.27)	$ (0.05)
Diluted
Net loss per share (in usd per share)	$ (1.27)	$ (0.05)
Weighted Average Shares Outstanding
Weighted average shares outstanding Cannae Holdings common stock, basic basis (in shares)	70.8	76.1
Weighted average shares outstanding Cannae Holdings common stock, diluted basis (in shares)	70.9	76.1
Restaurant revenue
Revenues:
Total operating revenues	$ 106.5	$ 148.5
Other operating revenue
Revenues:
Total operating revenues	$ 4.2	$ 5.8

CNNE Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 238.3	$ 106.2
Short-term investments	45.8	15.6
Other current assets	26.2	29.5
Income taxes receivable	25.3	26.0
Total current assets	335.6	177.3
Investments in unconsolidated affiliates	1,678.3	1,718.8
Equity securities, at fair value	152.7	290.9
Lease assets	141.3	143.5
Property and equipment, net	57.2	58.7
Goodwill	53.4	53.4
Deferred tax asset	29.0	82.0
Other intangible assets, net	16.3	16.8
Other long-term investments and non-current assets	146.0	145.3
Total assets	2,609.8	2,686.7
Current liabilities:
Accounts payable and other accrued liabilities, current	70.1	74.2
Lease liabilities, current	13.9	13.9
Deferred revenue	15.3	16.9
Notes payable, current	1.9	2.5
Total current liabilities	101.2	107.5
Lease liabilities, long-term	139.7	142.2
Notes payable, long-term	77.4	102.5
Accounts payable and other accrued liabilities, long-term	26.4	25.3
Total liabilities	344.7	377.5
Commitments and contingencies - see Note H
Equity:
Cannae common stock, 0.0001 par value; authorized 115,000,000 shares as of March 31, 2024 and December 31, 2023; issued of 94,245,481 and 92,844,329 shares as of March 31, 2024 and December 31, 2023, respectively and outstanding of 72,441,834 and 70,367,088 shares as of March 31, 2024 and December 31, 2023, respectively	0.0	0.0
Preferred stock, 0.0001 par value; authorized 10,000,000 shares; issued and outstanding, none as of March 31, 2024 and December 31, 2023	0.0	0.0
Retained earnings	804.6	901.3
Additional paid-in capital	1,984.7	1,977.0
Less: Treasury stock, 21,803,647 and 22,477,241 shares as of March 31, 2024 and December 31, 2023, respectively, at cost	(490.5)	(533.9)
Accumulated other comprehensive loss	(16.5)	(19.9)
Total Cannae shareholders' equity	2,282.3	2,324.5
Noncontrolling interests	(17.2)	(15.3)
Total equity	2,265.1	2,309.2
Total liabilities and equity	$ 2,609.8	$ 2,686.7

About Cannae Holdings Inc

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.

CEO	Mr. Richard Nelson Massey
WEBSITE	cannaeholdings.com
INDUSTRY	Restaurants
EMPLOYEES	11988

Cannae Holdings Inc Frequently Asked Questions

What is the ticker symbol for Cannae Holdings Inc? What does CNNE stand for in stocks?

CNNE is the stock ticker symbol of Cannae Holdings Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Cannae Holdings Inc (CNNE)?

As of Fri May 17 2024, market cap of Cannae Holdings Inc is 1.3 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CNNE stock?

You can check CNNE's fair value in chart for subscribers.

What is the fair value of CNNE stock?

You can check CNNE's fair value in chart for subscribers. The fair value of Cannae Holdings Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Cannae Holdings Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CNNE so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Cannae Holdings Inc a good stock to buy?

The fair value guage provides a quick view whether CNNE is over valued or under valued. Whether Cannae Holdings Inc is cheap or expensive depends on the assumptions which impact Cannae Holdings Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CNNE.

What is Cannae Holdings Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, CNNE's PE ratio (Price to Earnings) is -3.2 and Price to Sales (PS) ratio is 2.47. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CNNE PE ratio will change depending on the future growth rate expectations of investors.