How to buy Cannae stock

Cannae Holdings, Inc is a restaurants business based in the US. Cannae shares (CNNE) are listed on the NYSE and all prices are listed in US Dollars. Cannae employs 14,509 staff and has a trailing 12-month revenue of around 0.00.

Cannae share price

Use our graph to track the performance of CNNE stocks over time.

Cannae shares at a glance

• Key figures

Information last updated 2021-04-30.

52-week range	$29.49 - $46.57
50-day moving average	$40.38
200-day moving average	$40.64
Wall St. target price	$54.50
PE ratio	1.9317
Dividend yield	N/A (0%)
Earnings per share (TTM)	$20.79

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Is it a good time to buy Cannae stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Cannae Holdings, Inc by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Cannae under- or over-valued?

Valuing Cannae stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Cannae's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Cannae's P/E ratio

Cannae's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 2x. In other words, Cannae shares trade at around 2x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Cannae financials

Revenue TTM	$585.7 million
Gross profit TTM	$-33,400,000
Return on assets TTM	-3.06%
Return on equity TTM	66.22%
Profit margin	304.97%
Book value	$41.24
Market capitalisation	$3.7 billion

TTM: trailing 12 months

Shorting Cannae shares

There are currently 3.4 million Cannae shares held short by investors – that's known as Cannae's "short interest". This figure is 13.3% up from 3.0 million last month.

There are a few different ways that this level of interest in shorting Cannae shares can be evaluated.

Cannae's "short interest ratio" (SIR)

Cannae's "short interest ratio" (SIR) is the quantity of Cannae shares currently shorted divided by the average quantity of Cannae shares traded daily (recently around 566043.16666667). Cannae's SIR currently stands at 6. In other words for every 100,000 Cannae shares traded daily on the market, roughly 6000 shares are currently held short.

However Cannae's short interest can also be evaluated against the total number of Cannae shares, or, against the total number of tradable Cannae shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Cannae's short interest could be expressed as 0.04% of the outstanding shares (for every 100,000 Cannae shares in existence, roughly 40 shares are currently held short) or 0.0394% of the tradable shares (for every 100,000 tradable Cannae shares, roughly 39 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Cannae.

Find out more about how you can short Cannae stock.

Cannae share dividends

We're not expecting Cannae to pay a dividend over the next 12 months.

Cannae share price volatility

Over the last 12 months, Cannae's shares have ranged in value from as little as $29.49 up to $46.57. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Cannae's is 0.6758. This would suggest that Cannae's shares are less volatile than average (for this exchange).

Cannae overview

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. .

Frequently asked questions

• What percentage of Cannae is owned by insiders or institutions?

  Currently 6.002% of Cannae shares are held by insiders and 89.848% by institutions.

• How many people work for Cannae?

  Latest data suggests 14,509 work at Cannae.

• When does the fiscal year end for Cannae?

  Cannae's fiscal year ends in December.

• Where is Cannae based?

  Cannae's address is: 1701 Village Center Circle, Las Vegas, NV, United States, 89134-6368

• What is Cannae's ISIN number?

  Cannae's international securities identification number is: US13765N1072

• What is Cannae's CUSIP number?

  Cannae's Committee on Uniform Securities Identification Procedures number is: 13765N107