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.
IPO Year: 2017
Exchange: NYSE
Website: cannaeholdings.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/20/2021 | $42.00 | Outperform | RBC Capital |
~ Quarterly results call scheduled for 5:00pm ET ~ 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 www.cannaeholdings.com 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 Cal
Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") today announced that its Board of Directors has declared a quarterly cash dividend of $0.12 per share. The dividend will be payable June 30, 2025, to shareholders of record as of June 16, 2025. 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
Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") today announced that the Company will release its first quarter 2025 financial results after the market close on Monday, May 12, 2025. The Company will also hold a conference call to discuss its financial results at 5:00 pm (Eastern Time) on the same day. 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 t
Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") today announced that it plans to use at least $460 million, from the proceeds of the recently announced sale of Dun & Bradstreet ("DNB"), to repurchase shares of its common stock, pay future quarterly dividends, and retire existing debt. As a result, Cannae would utilize at least 72% of its expected DNB sale proceeds as a capital return to shareholders and as debt repayment. The Company expects to repurchase at least $300 million of its common stock, including through a tender offer, which would commence shortly following the anticipated closing of the DNB transaction. In addition, the Company expects to retain an additional $6
Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") today issued a response to Carronade Capital's recent statement and director nomination notice. The Company also highlighted the significant actions already taken to position the Company for long-term value creation. In February 2024, Cannae began taking decisive action, with a sharp eye towards improving and monetizing its investment holdings, returning capital to shareholders, and reducing operational expenses. These steps aim to grow the net asset value ("NAV") of our portfolio and close Cannae's share price discount to NAV. At that time, the Cannae Board appointed William P. Foley, II, as Chief Executive Officer to execute o
~ Quarterly results call scheduled for 5:00pm ET ~ Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") has released its fourth quarter and full year 2024 financial results by posting them to its website. Please visit the Cannae website at www.cannaeholdings.com to view the fourth quarter and full year 2024 financial results, which are included in its Letter to Shareholders. Conference Call As previously announced, Cannae will host a conference call, today, February 24, 2025 at 5:00pm (Eastern Time), to discuss its fourth quarter and full year 2024 results. The conference call can be accessed by dialing 1-844-826-3035 (domestic) or 1-412-317-5195 (international) and asking fo
Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") today announced that its Board of Directors has declared a quarterly cash dividend of $0.12 per share. The dividend will be payable March 31, 2025, to shareholders of record as of March 17, 2025. 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
Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") today announced that the Company will release its fourth quarter and full year 2024 financial results after the market close on Monday, February 24, 2025. The Company will also hold a conference call to discuss its financial results at 5:00 pm (Eastern Time) on the same day. 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 Fourth Quarter 2024 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 acces
~ Quarterly results call scheduled for 5:00pm ET ~ Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") has released its third quarter 2024 financial results by posting them to its website. Please visit the Cannae website at www.cannaeholdings.com to view the third quarter 2024 financial results, which are included in its Letter to Shareholders. Conference Call As previously announced, Cannae will host a conference call, today, November 12, 2024 at 5:00pm (Eastern Time), to discuss its third quarter 2024 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 Third Quarter 2024 Earn
Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") today announced that its Board of Directors has declared a quarterly cash dividend of $0.12 per share. The dividend will be payable December 31, 2024, to shareholders of record as of December 17, 2024. 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 prim
8-K - Cannae Holdings, Inc. (0001704720) (Filer)
SCHEDULE 13G - Cannae Holdings, Inc. (0001704720) (Subject)
10-Q - Cannae Holdings, Inc. (0001704720) (Filer)
DEFA14A - Cannae Holdings, Inc. (0001704720) (Filer)
8-K - Cannae Holdings, Inc. (0001704720) (Filer)
8-K - Cannae Holdings, Inc. (0001704720) (Filer)
SCHEDULE 13G/A - Cannae Holdings, Inc. (0001704720) (Subject)
10-K/A - Cannae Holdings, Inc. (0001704720) (Filer)
13F-HR - Cannae Holdings, Inc. (0001704720) (Filer)
DEFA14A - Cannae Holdings, Inc. (0001704720) (Filer)
4 - Cannae Holdings, Inc. (0001704720) (Issuer)
4 - Cannae Holdings, Inc. (0001704720) (Issuer)
4 - Cannae Holdings, Inc. (0001704720) (Issuer)
4 - Cannae Holdings, Inc. (0001704720) (Issuer)
4 - Cannae Holdings, Inc. (0001704720) (Issuer)
4 - Cannae Holdings, Inc. (0001704720) (Issuer)
4 - Cannae Holdings, Inc. (0001704720) (Issuer)
4 - Cannae Holdings, Inc. (0001704720) (Issuer)
4 - Cannae Holdings, Inc. (0001704720) (Issuer)
4 - Cannae Holdings, Inc. (0001704720) (Issuer)
4 - Cannae Holdings, Inc. (0001704720) (Issuer)
SC 13G - Cannae Holdings, Inc. (0001704720) (Subject)
SC 13G/A - Cannae Holdings, Inc. (0001704720) (Subject)
SC 13G/A - Cannae Holdings, Inc. (0001704720) (Subject)
SC 13G - Cannae Holdings, Inc. (0001704720) (Subject)
SC 13G/A - Cannae Holdings, Inc. (0001704720) (Subject)
SC 13G/A - Cannae Holdings, Inc. (0001704720) (Subject)
SC 13G/A - Cannae Holdings, Inc. (0001704720) (Subject)
SC 13G/A - Cannae Holdings, Inc. (0001704720) (Subject)
SC 13G/A - Cannae Holdings, Inc. (0001704720) (Subject)
SC 13G/A - Cannae Holdings, Inc. (0001704720) (Subject)
~ William P. Foley, II, appointed as Vice Chairman of the Board ~ ~ Doug Ammerman appointed Chairman of the Board ~ ~ Ryan Caswell appointed Chief Executive Officer ~ ~ Expands Relationship with JANA Partners, Broadening Cannae's Ability to Allocate Capital to Proprietary Acquisition and Investment Opportunities ~ ~ Appoints Two New Independent Directors with Significant Investment & Governance Experience to Enhance Strategy ~ ~ Declassifying the Board ~ ~ Reiterates Commitment to Strategy for Long-Term Value Creation ~ Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") today announced that the Company's Board of Directors (the "Board") has approved a series of strategic a
~ Further Aligns Management with Shareholders ~ Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") today announced that the Company has agreed to wind down its Management Services Agreement ("MSA") with Trasimene Capital Management, LLC ("Trasimene"). Effective July 2, 2024, the MSA will be amended and restated to provide that Trasimene will receive a fixed management fee of $7.6 million for each of the following three years, and a $20 million termination fee, payable in three annual installments commencing on July 2, 2024, and no fees thereafter. As a result, Trasimene will not receive any incremental management fees or carried interest on investments made by the Company on
Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") today announced that it has appointed Chairman William P. Foley II as Chief Executive Officer of the Company and Richard Massey as Vice Chairman of the Board. Mr. Massey will continue to work with Mr. Foley on investment opportunities. Mr. Foley will continue as Chairman of the Board and Ryan Caswell will continue as the President of the Company. William P. Foley, II, commented, "I am very excited to assume the role of Chief Executive Officer and continue working with Rick Massey and our portfolio management team while sourcing new private investments that offer outsized, risk-adjusted returns." About Cannae Holdings, Inc.
LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE:CNNE) (“Cannae” or the “Company”) today announced the appointment of two new board members to the Company’s board of directors, effective February 18, 2021. Joining the board are Barry Moullet and David Aung. These appointments increase Cannae’s total board membership to 11. Mr. Moullet was appointed to Cannae’s Compensation Committee of the board and Mr. Aung was appointed to Cannae’s Corporate Governance and Nominating Committee of the board. “I could not be more excited to welcome and announce the appointment of Barry and David to our Board of Directors,” commented William P. Foley, II, Chairman. “Combined, Barry and Dav
~ Quarterly results call scheduled for 5:00pm ET ~ 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 www.cannaeholdings.com 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 Cal
~ William P. Foley, II, appointed as Vice Chairman of the Board ~ ~ Doug Ammerman appointed Chairman of the Board ~ ~ Ryan Caswell appointed Chief Executive Officer ~ ~ Expands Relationship with JANA Partners, Broadening Cannae's Ability to Allocate Capital to Proprietary Acquisition and Investment Opportunities ~ ~ Appoints Two New Independent Directors with Significant Investment & Governance Experience to Enhance Strategy ~ ~ Declassifying the Board ~ ~ Reiterates Commitment to Strategy for Long-Term Value Creation ~ Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") today announced that the Company's Board of Directors (the "Board") has approved a series of strategic a
Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") today announced that its Board of Directors has declared a quarterly cash dividend of $0.12 per share. The dividend will be payable June 30, 2025, to shareholders of record as of June 16, 2025. 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
Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") today announced that the Company will release its first quarter 2025 financial results after the market close on Monday, May 12, 2025. The Company will also hold a conference call to discuss its financial results at 5:00 pm (Eastern Time) on the same day. 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 t
Underscores Critical Need to Establish Accountability and Independence on the Board Outlines Attributes of Carronade's Four Independent and Highly Qualified Director Nominees and Why They Are Best-Suited to Create Value DARIEN, Conn., April 07, 2025 (GLOBE NEWSWIRE) -- Carronade Capital Master, LP (together with its affiliates, "Carronade Capital", "our" or "we"), which beneficially owns approximately 3.1 million shares of Common Stock of Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") and is one of the Company's top five shareholders, today filed a preliminary proxy statement in connection with its nomination of four independent and highly qualified candidates for electio
Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") today announced that it plans to use at least $460 million, from the proceeds of the recently announced sale of Dun & Bradstreet ("DNB"), to repurchase shares of its common stock, pay future quarterly dividends, and retire existing debt. As a result, Cannae would utilize at least 72% of its expected DNB sale proceeds as a capital return to shareholders and as debt repayment. The Company expects to repurchase at least $300 million of its common stock, including through a tender offer, which would commence shortly following the anticipated closing of the DNB transaction. In addition, the Company expects to retain an additional $6
~ Dun & Bradstreet Sale Will Provide ~$632 Million of Cash Proceeds to Cannae ~ ~ Cannae Increases Share Buyback Authorization to 23 Million Shares and Reiterates Priority for Capital Return to Shareholders~ ~ Cannae Board to Transition to a Declassified Board ~ Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") today announced its support for the sale of Dun & Bradstreet ("DNB"), increased its share buyback authorization to approximately 23 million shares, and plans to transition to a declassified board with annual elections. William P. Foley, II, CEO and Chairman of Cannae, commented, "I would like to congratulate the DNB Board of Directors and management team on their rece
Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") today issued a response to Carronade Capital's recent statement and director nomination notice. The Company also highlighted the significant actions already taken to position the Company for long-term value creation. In February 2024, Cannae began taking decisive action, with a sharp eye towards improving and monetizing its investment holdings, returning capital to shareholders, and reducing operational expenses. These steps aim to grow the net asset value ("NAV") of our portfolio and close Cannae's share price discount to NAV. At that time, the Cannae Board appointed William P. Foley, II, as Chief Executive Officer to execute o
Nominates Four Director Candidates with Expertise, Independence and Accountability Required to Unlock Shareholder Value Believes Proposed Initiatives Could Result in Share Price Upside of at Least 50% DARIEN, Conn., March 20, 2025 (GLOBE NEWSWIRE) -- Carronade Capital Management, LP (together with its affiliates, "Carronade Capital", "our" or "we"), which beneficially owns approximately 2.9 million shares of Common Stock of Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") and is one of the Company's top five shareholders, today announced it has issued the below letter to Cannae's Board of Directors (the "Board") and nominated four independent director candidates for the
~ Quarterly results call scheduled for 5:00pm ET ~ Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") has released its fourth quarter and full year 2024 financial results by posting them to its website. Please visit the Cannae website at www.cannaeholdings.com to view the fourth quarter and full year 2024 financial results, which are included in its Letter to Shareholders. Conference Call As previously announced, Cannae will host a conference call, today, February 24, 2025 at 5:00pm (Eastern Time), to discuss its fourth quarter and full year 2024 results. The conference call can be accessed by dialing 1-844-826-3035 (domestic) or 1-412-317-5195 (international) and asking fo
RBC Capital initiated coverage of Cannae Holdings with a rating of Outperform and set a new price target of $42.00
Oppenheimer resumed coverage of Cannae with a rating of Buy and set a new price target of $52.00