CNNE
Cannae Holdings, Inc. · Consumer Discretionary · Restaurants
Last
$12.22
−$0.36 (−2.82%) 4:00 PM ET
After hours $12.20 −$0.02 (−0.12%) 8:32 PM ET
Prev close $12.57
Open $12.57
Day high $12.57
Day low $12.09
Volume 562,170
Avg vol 543,896
Mkt cap
$630.72M
P/E ratio
-1.58
FY Revenue
$430.20M
EPS
-7.75
Gross Margin
15.78%
Sector
Consumer Discretionary
AI report sections
CNNE
Cannae Holdings, Inc.
No AI report section text found yet for this symbol.
Volume vs average
Intraday (cumulative)
+4% (Above avg)
Vol/Avg: 1.04×
RSI
34.30 (Weak)
Weak (30–40)
MACD momentum
Intraday
+0.01 (Strong)
MACD: 0.02 Signal: 0.01
Short-Term
-0.08 (Weak)
MACD: -0.73 Signal: -0.66
Long-Term
-0.13 (Weak)
MACD: -1.03 Signal: -0.90
Intraday trend score 41.00

Latest news

CNNE 12 articles Positive: 0 Neutral: 0 Negative: 6
Negative GlobeNewswire Inc. • Carronade Capital
Clean Sweep for Carronade as All Three Leading Independent Proxy Advisory Firms Recommend Cannae Shareholders Vote “FOR” All Carronade Nominees on GOLD Proxy Card

Carronade Capital seeks board changes at Cannae Holdings, with all three leading independent proxy advisory firms recommending shareholders vote for Carronade's nominees due to financial underperformance and governance concerns.

CNNE proxy fight board election shareholder activism corporate governance
Sentiment note

Proxy advisory firms criticized Cannae for persistent financial underperformance, poor capital allocation, lack of shareholder distribution plan, and significant conflicts of interest

Negative GlobeNewswire Inc. • Carronade Capital
Leading Independent Proxy Advisory Firm ISS Endorses All Four of Carronade’s Director Nominees for Election at Cannae’s Annual Meeting

Independent proxy advisory firm ISS recommends shareholders vote for Carronade's four director nominees and against Cannae's current board, citing poor performance, lack of independence, and governance issues.

CNNE proxy fight board election corporate governance shareholder activism
Sentiment note

ISS criticized Cannae's board for lack of independence, poor total shareholder return, declining NAV per share, unsuccessful strategic transformations, and governance deficiencies

Negative GlobeNewswire Inc. • Carronade Capital
Carronade Capital Issues Investor Presentation Detailing the Need for Change at Cannae Holdings

Carronade Capital, a major shareholder of Cannae Holdings, is seeking to elect four independent directors to address chronic underperformance, poor governance, and value destruction at the company.

CNNE proxy contest corporate governance shareholder activism board election
Sentiment note

The article criticizes Cannae for poor strategic decisions, weak board oversight, egregious governance practices, and severely underperforming shareholder returns (0.15% total annualized return since inception)

Negative GlobeNewswire Inc. • Carronade Capital Management, Lp
Carronade Capital Urges Cannae Holdings to Answer Crucial Questions on Today’s Earnings Call

Carronade Capital, a top shareholder of Cannae Holdings, publicly criticized the company's board for lack of transparency, delayed annual meeting, and questionable governance practices, calling for accountability and proposing four independent director nominees.

CNNE DNB shareholder activism corporate governance board accountability stock performance
Sentiment note

Criticized for poor stock performance (-5% absolute, -156% relative), delayed annual meeting, generous management compensation, and board composition that appears to entrench current leadership

Negative GlobeNewswire Inc. • Carronade Capital Management, Lp
Carronade Says Dramatic Change Needed at Cannae Holdings to Halt Persistent Underperformance and Egregious Governance Practices

Carronade Capital, a major shareholder of Cannae Holdings, is calling for dramatic changes to address the company's persistent underperformance and governance issues. Carronade has nominated four independent director candidates and outlined initiatives to reduce costs, improve capital allocation, and establish better governance oversight.

CNNE Cannae Holdings Carronade Capital corporate governance underperformance shareholder value
Sentiment note

The article highlights Cannae Holdings' persistent underperformance, discount to net asset value, and governance issues, indicating the need for significant changes to unlock shareholder value.

Negative Zacks Investment Research • N/A
New Strong Sell Stocks for August 1st

Three stocks were added to the Zacks Rank #5 (Strong Sell) list today: Cannae Holdings, Inc., Dorian LPG Ltd., and Japan Airlines Co., Ltd. The Zacks Consensus Estimate for their current year earnings has been revised downward significantly over the last 60 days.

CNNE LPG JAPSY Zacks Rank Strong Sell Cannae Holdings Dorian LPG Japan Airlines
Sentiment note

The Zacks Consensus Estimate for its current year earnings has been revised 42.3% downward over the last 60 days.

Unknown Zacks Investment Research • Zacks Equity Research
TPG Inc. (TPG) Beats Q1 Earnings and Revenue Estimates

TPG Inc. (TPG) delivered earnings and revenue surprises of 13.95% and 3.20%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

TPG CNNE
Unknown Zacks Investment Research • Zacks Equity Research
Franklin Resources (BEN) Q2 Earnings Lag Estimates

Franklin Resources (BEN) delivered earnings and revenue surprises of -1.75% and 3.04%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

BEN CNNE
Unknown Zacks Investment Research • Zacks Equity Research
Wall Street Analysts See a 27.39% Upside in Cannae Holdings, Inc. (CNNE): Can the Stock Really Move This High?

The consensus price target hints at a 27.4% upside potential for Cannae Holdings, Inc. (CNNE). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

CNNE
Unknown Zacks Investment Research • Zacks Equity Research
Is American Express (AXP) Outperforming Other Finance Stocks This Year?

Here is how American Express (AXP) and Cannae Holdings, Inc. (CNNE) have performed compared to their sector so far this year.

AXP CNNE
Unknown Zacks Investment Research • Zacks Equity Research
Wall Street Analysts Think Cannae Holdings, Inc. (CNNE) Could Surge 25.14%: Read This Before Placing a Bet

The mean of analysts' price targets for Cannae Holdings, Inc. (CNNE) points to a 25.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

CNNE
Unknown Benzinga • Lisa Levin
More Than $17M Bet On Asana? Check Out These 3 Stocks Insiders Are Buying

Although U.S. stocks closed mixed on Wednesday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision. Below is a look at a few recent notable insider purchases. For more, check out Benzinga's insider transactions platform. Asana The Trade: Asana, Inc. (NYSE: ASAN) President, CEO and Chair ...

ASAN CNNE GATO Long Ideas News Small Cap Insider Trades Pre-Market Outlook
News and sentiment labels describe article tone and are provided for research purposes only. They are not trading recommendations or forecasts.
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