The Cannae Holdings Inc (CNNE) share price is expected to increase by 29.03% over the next year. This is based on calculating the average 12-month share price estimate provided by 3 stock analysts who have covered CNNE. Price targets range from $27 at the low end to $30 at the high end. The current analyst consensus for CNNE is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 3 Wall Street analysts have assignedCNNE 3 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Cannae Holdings Inc to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CNNE. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of CNNE.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Kenneth Lee RBC Capital | Outperform | $27 | Maintains | Nov 14, 2024 |
Ian Zaffino Oppenheimer | Outperform | $27 | Maintains | Mar 6, 2024 |
Ian Zaffino Oppenheimer | Outperform | $25 | Maintains | Feb 22, 2024 |
John Campbell Stephens & Co. | Overweight | $30 | Maintains | Nov 8, 2023 |
Kenneth Lee RBC Capital | Outperform | $26 | Maintains | Nov 8, 2023 |
Kenneth Lee RBC Capital | Outperform | $27 | Maintains | Oct 13, 2023 |
John Campbell Stephens & Co. | Overweight | $39 | Reiterates | Jun 13, 2023 |
Kenneth Lee RBC Capital | Outperform | $28 | Maintains | May 11, 2023 |
John Campbell Stephens & Co. | Overweight | $39 | Maintains | May 10, 2023 |
Kenneth Lee RBC Capital | Outperform | $32 | Maintains | Nov 10, 2022 |
John Campbell Stephens & Co. | Overweight | $42 | Maintains | Aug 9, 2022 |
RBC Capital | Outperform | Initiates | Dec 20, 2021 | |
Oppenheimer | Outperform | Initiates | Nov 20, 2020 | |
John Campbell Stephens & Co. | Overweight | $48 | Reiterates | Feb 24, 2020 |
PiperJaffray | Overweight | Upgrade | Nov 9, 2018 | |
Piper Sandler | Overweight | Upgrade | Nov 9, 2018 |
When did it IPO
2017
Staff Count
7,741
Country
United States
Sector/Industry
Consumer Cyclical/Restaurants
CEO
Mr. William Patrick Foley II
Market Cap
$1.36B
In 2023, CNNE generated $570.0M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that CNNE's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Analysts' price targets for Cannae (CNNE) suggest a 35.4% upside, supported by consensus on increasing earnings estimates.
Why It Matters - Analysts' price targets suggest significant upside for Cannae (CNNE), indicating potential growth. Consensus on raised earnings estimates further strengthens the bullish outlook for the stock.
Summary - Cannae Holdings, Inc. (NYSE: CNNE) will host its Q3 2024 earnings conference call on November 12, 2024, at 5:00 PM ET, featuring key executives and analysts.
Why It Matters - Cannae Holdings' Q3 earnings call provides insights into financial performance and future outlook, influencing stock valuation and investor sentiment.
Summary - Cannae Holdings, Inc. (NYSE: CNNE) has released its Q3 2024 financial results, available on its website. A conference call is scheduled for November 12, 2024, at 5:00 PM ET for discussion.
Why It Matters - Cannae Holdings' Q3 2024 financial results could indicate performance trends and future outlook, influencing stock valuation and investment decisions.
Summary - Cannae Holdings, Inc. (CNNE) reported a quarterly loss of $0.22 per share, better than the estimated loss of $0.34, and an improvement from a loss of $2.18 per share a year earlier.
Why It Matters - Cannae Holdings' smaller-than-expected quarterly loss indicates improved financial performance, potentially boosting investor confidence and stock valuation prospects.
Summary - Cannae Holdings, Inc. (NYSE: CNNE) declared a quarterly cash dividend of $0.12 per share, payable on December 31, 2024, to shareholders of record as of December 17, 2024.
Why It Matters - Cannae Holdings' declaration of a quarterly dividend signals financial stability and a commitment to returning value to shareholders, potentially attracting more investors and boosting stock demand.
Summary - Cannae Holdings, Inc. (NYSE: CNNE) will release Q3 2024 financial results on November 12, 2024, after market close, followed by a conference call at 5:00 PM ET.
Why It Matters - Cannae Holdings' upcoming financial results release and conference call may influence stock performance, provide insights into business health, and signal future growth prospects.