Cannae (NYSE:CNNE) Shares Down 8.4% Following Weak Earnings

Shares of Cannae Holdings, Inc. (NYSE:CNNE) dropped 8.4% on Tuesday following a weaker than expected earnings announcement. The stock traded as low as $11.53 and last traded at $11.6050. Approximately 92,091 shares traded hands during trading, a decline of 79% from the average daily volume of 448,735 shares. The stock had previously closed at $12.67.

The company reported ($1.93) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.38) by ($1.55). The firm had revenue of $103.30 million for the quarter, compared to analyst estimates of $102.70 million. Cannae had a negative net margin of 108.39% and a negative return on equity of 23.16%. The business’s revenue was down 6.0% compared to the same quarter last year. During the same period last year, the firm posted ($0.74) EPS.

Cannae Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th will be paid a $0.15 dividend. The ex-dividend date is Tuesday, March 17th. This represents a $0.60 annualized dividend and a dividend yield of 5.1%. Cannae’s dividend payout ratio (DPR) is presently -7.76%.

Key Cannae News

Here are the key news stories impacting Cannae this week:

• Positive Sentiment: Cannae declared a quarterly cash dividend of $0.15 per share (annualized yield ~4.7%); record/ex-dividend date set for March 17 and payment March 31. Income-oriented investors may find this supportive. Cannae Announces Q4 and Full Year 2025 Results
• Positive Sentiment: Management outlined an accelerated portfolio transformation and signaled a priority on sports & entertainment assets, plus plans tied to ramping stadium capacity to ~80% — a strategic refocus that could unlock asset value if executed. Cannae outlines accelerated portfolio transformation
• Neutral Sentiment: The company posted its Q4 and full-year 2025 results and made materials available on its website and via a conference call; read the press release/letter for details. Q4 & Full Year 2025 Letter to Shareholders
• Neutral Sentiment: Full earnings call transcript is available for readback — useful to parse management comments on timing, portfolio moves, and cash deployment. Earnings Call Transcript
• Negative Sentiment: Big EPS miss: CNNE reported ($1.93) EPS vs. consensus ($0.38), a sizable shortfall; revenue declined ~6% YOY and net margin/ROE were negative — the weak profitability and widened loss likely explain the immediate negative market reaction. Earnings Results & Conference Call

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Weiss Ratings reissued a “sell (d-)” rating on shares of Cannae in a report on Friday, January 9th. Royal Bank Of Canada reduced their price target on Cannae from $22.00 to $19.00 and set an “outperform” rating for the company in a research report on Wednesday, November 12th. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Cannae currently has an average rating of “Hold” and an average target price of $20.50.

Institutional Investors Weigh In On Cannae

A number of institutional investors have recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Cannae by 4.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 33,465 shares of the company’s stock valued at $613,000 after purchasing an additional 1,405 shares during the period. Goldman Sachs Group Inc. boosted its stake in Cannae by 4.1% during the first quarter. Goldman Sachs Group Inc. now owns 299,843 shares of the company’s stock valued at $5,496,000 after buying an additional 11,788 shares in the last quarter. Jane Street Group LLC grew its holdings in Cannae by 95.4% during the first quarter. Jane Street Group LLC now owns 54,393 shares of the company’s stock worth $997,000 after acquiring an additional 26,550 shares during the period. CWM LLC raised its position in Cannae by 40.4% in the second quarter. CWM LLC now owns 3,253 shares of the company’s stock worth $68,000 after acquiring an additional 936 shares in the last quarter. Finally, State of New Jersey Common Pension Fund D lifted its holdings in Cannae by 5.1% in the 2nd quarter. State of New Jersey Common Pension Fund D now owns 105,990 shares of the company’s stock valued at $2,210,000 after acquiring an additional 5,182 shares during the last quarter. 88.12% of the stock is currently owned by institutional investors and hedge funds.

Cannae Stock Performance

The company’s 50-day moving average price is $15.08 and its two-hundred day moving average price is $16.86. The company has a market cap of $580.32 million, a P/E ratio of -1.53 and a beta of 1.09. The company has a current ratio of 2.03, a quick ratio of 2.03 and a debt-to-equity ratio of 0.05.

About Cannae

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.