Investing In Cannae Holdings Inc (NYSE: CNNE): Why Should You?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

The company is listed on the NYSE and operates within the Restaurants industry segment. The current market capitalization of Cannae Holdings Inc is $1.18B. A total of 0.52 million shares were traded on the day, compared to an average of 342.70K shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, CNNE has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 0 BUYs and 0 SELLs from insiders. Insiders purchased 0 shares during that period but sold 0.

In the most recent transaction, Massey Richard N bought 8,799 shares of CNNE for 19.92 per share on Jul 26 ’24. In a previous transaction on May 24 ’24, Massey Richard N sold 25,752 shares at 19.38 per share. CNNE shares that Director owns now total 248,615.

Among the insiders who sold shares, Massey Richard N disposed of 30,000 shares on Apr 17 ’24 at a per-share price of $19.63. This resulted in the Chief Executive Officer holding 274,367 shares of CNNE after the transaction. In another insider transaction, Massey Richard N sold 50,000 shares at $20.82 per share on Apr 09 ’24. Company shares held by the Chief Executive Officer now total 354,367.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. CNNE’s most recent ex-dividend date was 2.51% when it declared a $0.12 quarterly dividend that was paid in cash on 3/17/2025. Previously, the company paid the dividend on 12/17/2024 with an ex-dividend date of 2.3%. The CNNE stock dividend was $0.12 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for CNNE in the last 3 months, the mean price target is $26.33 with high estimates of $29.00 and low estimates of $23.00. In terms of 52-week highs and lows, CNNE has a high of $22.99 and a low of $16.94.

As of this writing, CNNE has an earnings estimate of -$0.4 per share for the current quarter. EPS was calculated based on a consensus of 3.0 estimates, with a high estimate of -$0.3 per share and a lower estimate of -$0.56.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. CNNE’s latest balance sheet shows that the firm has $85.80M in Cash & Short Term Investments as of fiscal 2021. There were $235.80M in debt and $179.50M in liabilities at the time. Its Book Value Per Share was $29.25, while its Total Shareholder’s Equity was $3.34B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CNNE is Buy with a score of 4.67.

Most Popular

Related Posts