Latest news with #CannaeHoldings
Yahoo
13-05-2025
- Business
- Yahoo
The London Company Small Cap Strategy Exited its Position in Cannae Holdings (CNNE)
The London Company, an investment management company, released 'The London Company Small Cap Strategy' first quarter 2025 investor letter. A copy of the letter can be downloaded here. U.S. equities experienced a correction in 1Q25 due to macro risks, weak economic growth, and inflation. The fund declined 6.9% (-7.1%, net) compared to a 9.5% decrease in the Russell 2000 Index. The positive impact of stock selection contributed to the strategy's relative performance in the quarter, partially offset by sector exposure. For more information on the fund's top picks in 2025, please check its top five holdings. In its first-quarter 2025 investor letter, The London Company Small Cap Strategy highlighted stocks such as Cannae Holdings, Inc. (NYSE:CNNE). Cannae Holdings, Inc. (NYSE:CNNE) is a principal investment firm. The one-month return of Cannae Holdings, Inc. (NYSE:CNNE) was 3.87%, and its shares lost 13.96% of their value over the last 52 weeks. On May 12, 2025, Cannae Holdings, Inc. (NYSE:CNNE) stock closed at $18.80 per share with a market capitalization of $1.131 billion. The London Company Small Cap Strategy stated the following regarding Cannae Holdings, Inc. (NYSE:CNNE) in its Q1 2025 investor letter: "Exited: Cannae Holdings, Inc. (NYSE:CNNE) - sold CNNE on weakness, with lower confidence in the ability of the various holdings in the company (Dun and Bradstreet and ALIT account for most of the value) to generate solid results over time. We maintained a position in CNNE in the small/mid cap portfolio." A financial analyst at a trading desk, monitoring large scale investments in real-time. Cannae Holdings, Inc. (NYSE:CNNE) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 29 hedge fund portfolios held Cannae Holdings, Inc. (NYSE:CNNE) at the end of the fourth quarter which was 28 in the previous quarter. While we acknowledge the potential of Cannae Holdings, Inc. (NYSE:CNNE) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. In another article, we covered Cannae Holdings, Inc. (NYSE:CNNE) and shared the list of top restaurant stocks to buy under $20. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
13-05-2025
- Business
- Yahoo
Cannae Holdings (NYSE:CNNE) Has Announced A Dividend Of $0.12
Cannae Holdings, Inc.'s (NYSE:CNNE) investors are due to receive a payment of $0.12 per share on 30th of June. The dividend yield will be 2.6% based on this payment which is still above the industry average. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. We like to see robust dividend yields, but that doesn't matter if the payment isn't sustainable. Even in the absence of profits, Cannae Holdings is paying a dividend. Along with this, it is also not generating free cash flows, which raises concerns about the sustainability of the dividend. Looking forward, earnings per share is forecast to rise exponentially over the next year. Assuming the dividend continues along recent trends, we think the payout ratio will be 2.7%, which makes us pretty comfortable with the sustainability of the dividend. Check out our latest analysis for Cannae Holdings It is tough to make a judgement on how stable a dividend is when the company hasn't been paying one for very long. This doesn't mean that the company can't pay a good dividend, but just that we want to wait until it can prove itself. Investors could be attracted to the stock based on the quality of its payment history. Let's not jump to conclusions as things might not be as good as they appear on the surface. Over the past five years, it looks as though Cannae Holdings' EPS has declined at around 61% a year. Such rapid declines definitely have the potential to constrain dividend payments if the trend continues into the future. On the bright side, earnings are predicted to gain some ground over the next year, but until this turns into a pattern we wouldn't be feeling too comfortable. Overall, while some might be pleased that the dividend wasn't cut, we think this may help Cannae Holdings make more consistent payments in the future. The company seems to be stretching itself a bit to make such big payments, but it doesn't appear they can be consistent over time. Considering all of these factors, we wouldn't rely on this dividend if we wanted to live on the income. Companies possessing a stable dividend policy will likely enjoy greater investor interest than those suffering from a more inconsistent approach. Meanwhile, despite the importance of dividend payments, they are not the only factors our readers should know when assessing a company. Taking the debate a bit further, we've identified 1 warning sign for Cannae Holdings that investors need to be conscious of moving forward. Looking for more high-yielding dividend ideas? Try our collection of strong dividend payers. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13-05-2025
- Business
- Yahoo
Cannae Holdings, Inc. (CNNE) Reports Q1 Loss, Lags Revenue Estimates
Cannae Holdings, Inc. (CNNE) came out with a quarterly loss of $0.59 per share versus the Zacks Consensus Estimate of a loss of $0.56. This compares to loss of $1.27 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -5.36%. A quarter ago, it was expected that this company would post a loss of $0.42 per share when it actually produced a loss of $0.45, delivering a surprise of -7.14%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Cannae , which belongs to the Zacks Financial - Investment Management industry, posted revenues of $103.2 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 3.73%. This compares to year-ago revenues of $110.7 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Cannae shares have lost about 7.4% since the beginning of the year versus the S&P 500's decline of -3.8%. While Cannae has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Cannae: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.35 on $115.3 million in revenues for the coming quarter and -$1.18 on $445.5 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial - Investment Management is currently in the bottom 14% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the same industry, Capital Southwest (CSWC), has yet to report results for the quarter ended March 2025. The results are expected to be released on May 14. This business development company is expected to post quarterly earnings of $0.62 per share in its upcoming report, which represents a year-over-year change of -6.1%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Capital Southwest's revenues are expected to be $53.71 million, up 15.7% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Cannae Holdings, Inc. (CNNE) : Free Stock Analysis Report Capital Southwest Corporation (CSWC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
12-05-2025
- Business
- Yahoo
Cannae Holdings, Inc. Announces First Quarter 2025 Financial Results
~ Quarterly results call scheduled for 5:00pm ET ~ LAS VEGAS, May 12, 2025--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) ("Cannae" or the "Company") has released its first quarter 2025 financial results by posting them to its website. Please visit the Cannae website at to view the first quarter 2025 financial results, which are included in its Letter to Shareholders. Conference Call As previously announced, Cannae will host a conference call, today, May 12, 2025 at 5:00pm (Eastern Time), to discuss its first quarter 2025 results. The conference call can be accessed by dialing 1-844-826-3035 (domestic) or 1-412-317-5195 (international) and asking for the Cannae Holdings First Quarter 2025 Earnings Call. A telephonic replay will be available at the conclusion of the call and can be accessed by dialing 1-844-512-2921, or for international callers 1-412-317-6671, and providing the access code 10198456. The telephonic replay will be available until 11:59 pm (Eastern Time) on May 26, 2025. Interested investors and other parties may also listen to a simultaneous webcast of the conference call by logging onto the Company's website at The online replay will remain available for a limited time beginning immediately following the call. About Cannae Holdings, Inc. We primarily acquire interests in operating companies and are actively engaged in managing and operating a core group of those companies. We believe that our long-term ownership and active involvement in the management and operations of companies helps maximize the value of those businesses for our shareholders. We are a long-term owner that secures control and governance rights of other companies primarily to engage in their lines of business and we have no preset time constraints dictating when we sell or dispose of our businesses. View source version on Contacts Jamie Lillis, Managing Director, Solebury Strategic Communications, 203-428-3223, jlillis@
Business Wire
12-05-2025
- Business
- Business Wire
Cannae Holdings, Inc. Announces First Quarter 2025 Financial Results
LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) ('Cannae' or the 'Company') has released its first quarter 2025 financial results by posting them to its website. Please visit the Cannae website at to view the first quarter 2025 financial results, which are included in its Letter to Shareholders. Conference Call As previously announced, Cannae will host a conference call, today, May 12, 2025 at 5:00pm (Eastern Time), to discuss its first quarter 2025 results. The conference call can be accessed by dialing 1-844-826-3035 (domestic) or 1-412-317-5195 (international) and asking for the Cannae Holdings First Quarter 2025 Earnings Call. A telephonic replay will be available at the conclusion of the call and can be accessed by dialing 1-844-512-2921, or for international callers 1-412-317-6671, and providing the access code 10198456. The telephonic replay will be available until 11:59 pm (Eastern Time) on May 26, 2025. Interested investors and other parties may also listen to a simultaneous webcast of the conference call by logging onto the Company's website at The online replay will remain available for a limited time beginning immediately following the call. About Cannae Holdings, Inc. We primarily acquire interests in operating companies and are actively engaged in managing and operating a core group of those companies. We believe that our long-term ownership and active involvement in the management and operations of companies helps maximize the value of those businesses for our shareholders. We are a long-term owner that secures control and governance rights of other companies primarily to engage in their lines of business and we have no preset time constraints dictating when we sell or dispose of our businesses.
