Cannae (NYSE:CNNE) Releases Earnings Results, Misses Estimates By $0.30 EPS

Posted by Stanley Muller on May 11th, 2026

Cannae (NYSE:CNNE – Get Free Report) issued its earnings results on Monday. The company reported ($0.70) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.40) by ($0.30), FiscalAI reports. The business had revenue of $96.20 million for the quarter, compared to analysts’ expectations of $99.77 million. Cannae had a negative return on equity of 31.78% and a negative net margin of 121.15%.

Cannae Price Performance

NYSE CNNE traded down $0.32 during mid-day trading on Monday, hitting $13.87. The stock had a trading volume of 462,254 shares, compared to its average volume of 611,083. Cannae has a 52-week low of $10.46 and a 52-week high of $21.96. The company has a market cap of $613.30 million, a price-to-earnings ratio of -1.55 and a beta of 1.18. The company has a 50 day simple moving average of $12.21 and a 200 day simple moving average of $14.55. The company has a quick ratio of 2.07, a current ratio of 2.07 and a debt-to-equity ratio of 0.07.

Cannae Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend is Tuesday, June 16th. Cannae’s dividend payout ratio (DPR) is presently -6.73%.

Hedge Funds Weigh In On Cannae

Several hedge funds have recently bought and sold shares of CNNE. Quantbot Technologies LP purchased a new position in Cannae in the 2nd quarter valued at approximately $62,000. Kelleher Financial Advisors purchased a new position in Cannae in the 3rd quarter valued at approximately $73,000. Bank of Montreal Can purchased a new position in Cannae in the 4th quarter valued at approximately $179,000. Cerity Partners LLC purchased a new position in Cannae in the 4th quarter valued at approximately $183,000. Finally, BTG Pactual Asset Management US LLC purchased a new position in Cannae in the 4th quarter valued at approximately $196,000. 88.12% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

CNNE has been the subject of a number of analyst reports. Weiss Ratings reissued a “sell (d-)” rating on shares of Cannae in a research note on Wednesday, April 8th. Royal Bank Of Canada reissued an “outperform” rating and set a $17.00 target price on shares of Cannae in a research note on Tuesday, April 21st. Finally, Stephens reissued an “overweight” rating and set a $17.00 target price on shares of Cannae in a research note on Thursday, April 23rd. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Cannae presently has an average rating of “Hold” and an average price target of $17.00.

Check Out Our Latest Stock Analysis on Cannae

Cannae Company Profile

(Get Free Report)

Cannae Holdings, Inc (NYSE: CNNE) is a publicly traded diversified holding company that focuses on partnering with and investing in businesses across a range of industry sectors. The company seeks to identify attractive opportunities in both private and public markets, leveraging its capital resources and management expertise to support operational growth and value creation. Cannae’s investment strategy emphasizes companies in data and analytics, marketing services, healthcare technology, and payment processing.

Through its portfolio, Cannae holds controlling or significant minority stakes in companies that provide critical software, data and services to corporate clients.

Earnings History for Cannae (NYSE:CNNE)

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