Cannae Holdings (CNNE) AI Stock Analysis

• Market Cap: $1.25B
• Dividend Yield: 2.41%
• Average Volume (3M): 743.69K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.01
• Revenue Growth: -15.46%
• EPS Growth: 3.24%
• Country: US
• Employees: 7,317
• Sector: Consumer Cyclical
• Sector Strength: 58
• Industry: Restaurants
• EPS (TTM): -1.81
• Shares Outstanding: 62,818,000
• 10 Day Avg. Volume: 920,478
• 30 Day Avg. Volume: 743,688
• PEG Ratio: 0.28
• Price to Book (P/B): 0.62
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -7.68
• Enterprise Value/Market Cap: 1.37
• Enterprise Value/Revenue: 0.92
• Enterprise Value/Gross Profit: 78.37
• Enterprise Value/Ebitda: -1.69
• 1Y Price Target: $24.50
• Price Target Upside: 23.80% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 56 Neutral
• Price Target: $19.00 ▼(-3.99%Downside)

Cannae Holdings' overall stock score reflects significant financial challenges, such as declining revenue and net losses, which are partially offset by a stable balance sheet and strategic initiatives highlighted in the earnings call. While the technical analysis and valuation present moderate scores, the optimistic guidance from the earnings call provides some positive momentum.

Cannae Holdings Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

Cannae Holdings makes money by investing in and managing a diverse range of companies and assets across various industries. Its revenue model includes generating income from its ownership stakes in these companies, which can come in the form of dividends, interest, and capital gains from the sale of investments. The company also benefits from strategic partnerships and its ability to drive operational improvements and efficiencies within its portfolio companies. By actively managing its investments and seeking out new opportunities, Cannae Holdings aims to achieve long-term growth and profitability.

Cannae Holdings Financial Statement Overview

Summary

Cannae Holdings faces significant financial challenges, highlighted by declining revenue and consistent net losses. Although the balance sheet is stable with a strong equity position and manageable debt levels, persistent negative cash flows and decreasing assets indicate financial instability and a need for improved revenue generation and cost management.

Income Statement

Cannae Holdings has experienced declining revenue over recent years, with a significant drop from $742.2 million in 2021 to $445 million in TTM (Trailing-Twelve-Months). The company struggles with profitability, reflected in negative EBIT and net income margins. The gross profit margin has also decreased significantly, indicating cost pressures. While the EBITDA margin has shown some improvement, overall financial performance remains weak with consistent net losses.

Balance Sheet

Cannae Holdings maintains a relatively healthy equity position with a stockholders' equity of $1.72 billion and a debt-to-equity ratio of 0.19 in TTM. The equity ratio is strong, providing a buffer against liabilities. However, decreasing total assets and stockholders' equity over time indicate potential long-term financial challenges. Despite manageable debt levels, the company's declining asset base poses a risk.

Cash Flow

The company's cash flow performance is under stress, with negative free cash flow and operating cash flow in the TTM. Although there was an improvement in free cash flow from the previous period, the overall trend shows persistent cash outflows. The operating cash flow to net income ratio remains unfavorable, highlighting challenges in generating cash from operations.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
445.00M	452.50M	570.00M	662.10M	742.20M	585.70M
	Gross Profit
21.80M	81.30M	43.00M	31.20M	44.70M	-33.40M
	EBIT
-101.80M	-474.90M	-118.90M	-144.60M	-133.50M	-188.50M
	EBITDA
-277.60M	-224.50M	-150.90M	-278.70M	-374.00M	2.24B
	Net Income Common Stockholders
-327.70M	-304.60M	-313.40M	-245.70M	-359.00M	1.79B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
126.20M	137.70M	121.80M	282.60M	85.80M	759.90M
	Total Assets
2.10B	2.23B	2.69B	3.13B	3.89B	4.61B
	Total Debt
318.50M	330.10M	261.10M	271.20M	235.80M	314.70M
	Net Debt
192.30M	198.60M	154.90M	23.50M	150.00M	-410.00M
	Total Liabilities
399.70M	413.60M	377.50M	410.60M	548.50M	828.20M
	Stockholders Equity
1.72B	1.84B	2.32B	2.72B	3.34B	3.78B
Cash Flow		Free Cash Flow
-54.50M	-97.10M	-97.80M	-219.40M	-189.80M	-136.20M
	Operating Cash Flow
-49.30M	-90.10M	-87.80M	-205.10M	-176.10M	-113.90M
	Investing Cash Flow
105.20M	298.30M	53.10M	521.20M	-272.40M	-74.20M
	Financing Cash Flow
-163.90M	-182.90M	-106.80M	-154.20M	-190.40M	379.10M

Cannae Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 19.79
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CNNE, the sentiment is Positive. The current price of 19.79 is above the 20-day moving average (MA) of 18.88, above the 50-day MA of 18.08, and above the 200-day MA of 18.83, indicating a bullish trend. The MACD of 0.49 indicates Negative momentum. The RSI at 65.82 is Neutral, neither overbought nor oversold. The STOCH value of 70.87 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CNNE.

Cannae Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PTLO	71 Outperform	$899.28M	26.91	7.37%	―	4.57%	6.89%
CBRL	65 Neutral	$1.27B	22.10	12.90%	1.76%	2.84%	-4.44%
PZZA	65 Neutral	$1.63B	21.10	-20.16%	3.69%	-2.77%	4.01%
Sector *	62 Neutral	$6.86B	11.07	2.77%	4.27%	2.66%	-24.95%
HDL	60 Neutral	$1.29B	33.51	12.11%	―	―	―
FWRG	58 Neutral	$948.44M	87.03	1.86%	―	14.43%	-53.71%
CNNE	56 Neutral	$1.25B	―	-12.56%	2.41%	-15.46%	3.24%

Cannae Holdings Corporate Events

Cannae Holdings Ends Management Agreement, Appoints New Leadership

On May 12, 2025, Cannae Holdings announced the termination of its Management Services Agreement with Trasimene Capital Management, effective immediately, which included a revised payment schedule for outstanding fees. Additionally, the company appointed William T. Royan and Woodrow Tyler as new independent directors and announced a management transition with William P. Foley stepping down as CEO and Chairman to become Vice Chairman, while Doug Ammerman and Ryan R. Caswell assumed the roles of Chairman and CEO, respectively. Cannae also expanded its strategic relationship with JANA Partners, acquiring an additional 30% stake to enhance capital allocation opportunities. These strategic actions are part of Cannae’s ongoing efforts to rebalance its portfolio, improve operational performance, and create long-term shareholder value.

The most recent analyst rating on (CNNE) stock is a Buy with a $27.00 price target. To see the full list of analyst forecasts on Cannae Holdings stock, see the CNNE Stock Forecast page.