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

20.58

Mkt cap

1.3B

Volume

318K

High

20.58

P/E Ratio

-3.01

52-wk high

22.99

Low

20.29

Div yield

0.01

52-wk low

16.94

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.