Streetbeat News

CNNE

Cannae Holdings, Inc.

https://www.cannaeholdings.com

Industry

Restaurants

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. is based in Las Vegas, Nevada.

Open

20.55

Mkt cap

1.3B

Volume

27K

High

20.83

P/E Ratio

-4.24

52-wk high

22.99

Low

20.50

Div yield

0.01

52-wk low

16.94

Cannae Holdings is considering participating in a deal to acquire Rapid7 and will cease collaboration with an activist investor pushing for Rapid7's sale.

Portfolio Pulse from

December 18, 2024 | 2:00 pm

Wall Street analysts suggest a 25.9% upside potential for Cannae Holdings (CNNE), driven by an upward trend in earnings estimate revisions.

Portfolio Pulse from

December 03, 2024 | 12:00 am

Analysts have set a price target for Cannae Holdings (CNNE) that suggests a potential 35.4% upside. Despite the mixed reliability of price targets, the consensus among analysts in raising earnings estimates supports a positive outlook for CNNE.

Portfolio Pulse from

November 15, 2024 | 4:15 pm

Cannae Holdings, Inc. (CNNE) held its Q3 2024 earnings call, discussing financial results with key executives and analysts. The call was in a listen-only mode.

Portfolio Pulse from

November 13, 2024 | 1:30 am

Cannae Holdings, Inc. (CNNE) reported a Q3 loss of $0.22 per share, which was better than the Zacks Consensus Estimate of a $0.34 loss. This is an improvement from the $2.18 loss per share reported a year ago.

Portfolio Pulse from

November 13, 2024 | 12:45 am

Cannae Holdings, Inc. has released its third quarter 2024 financial results, which are available on its website. The company will host a conference call to discuss these results.

Portfolio Pulse from

November 12, 2024 | 9:30 pm

Cannae Holdings, in partnership with KDSA Investment Partners, has agreed to acquire a majority stake in The Watkins Company, a flavoring products company. The deal aims to drive growth and innovation in Watkins' product portfolio. The transaction is expected to close in October 2024.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 8:13 pm

Cannae Holdings (NYSE:CNNE) reported Q2 2024 GAAP EPS of $(2.49), significantly missing the $(0.17) estimate. However, sales of $118 million beat the $112 million estimate, despite a 22.77% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 9:43 pm

Cannae Holdings (NYSE:CNNE) reported Q1 2024 GAAP EPS of $(1.27), significantly missing the $(0.18) estimate, and sales of $110.700M, also below the $126.233M estimate. This represents a substantial decrease in performance compared to the same period last year, with losses increasing by 2440% and sales dropping by 28.26%.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 10:39 pm

Cannae Holdings announced the final results of its modified Dutch auction tender offer, with 9,672,540 shares tendered at or below $22.95 per share. The count was conducted by Continental Stock Transfer & Trust Company.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 9:33 pm

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