Cannae Holdings (CNNE) Q2 2026 Earnings Call Transcript
Cannae Holdings (CNNE) discussed its Q2 2026 financial results, focusing on capital allocation, non-core asset monetization, and its sports and entertainment strategy. The company reported allocating $7 million to dividends and $45 million to investments, while also making progress on selling non-core assets like The Watkins Company and Brasada Ranch. Significant achievements were highlighted in their Black Knight Football division, particularly with AFC Bournemouth qualifying for the UEFA Europa League and increased broadcast revenue.
Cannae Holdings (NYSE: CNNE) CEO withholds 13K shares for taxes after RSU vest
Cannae Holdings, Inc. CEO Ryan R. Caswell reported equity compensation transactions. On August 13, 2026, 33,333 restricted stock units vested, converting into an equal number of common stock shares. Caswell then withheld 13,116 shares valued at $15.56 per share to cover tax liabilities, retaining 366,667 restricted stock units and 309,898 common stock shares after these transactions.
Assenagon Asset Management S.A. Acquires Shares of 73,722 Cannae Holdings, Inc. $CNNE
Assenagon Asset Management S.A. has acquired 73,722 shares of Cannae Holdings, Inc. (NYSE:CNNE) for approximately $1.06 million, increasing institutional ownership to 88.12%. Despite mixed analyst ratings, with an average "Hold" and a consensus price target of $16.50, Cannae reported strong quarterly earnings of $0.86 per share and $102.2 million in revenue, exceeding analyst expectations, and declared a quarterly dividend of $0.15. The company's stock currently trades at $14.61 with a 4.1% annualized dividend yield.
Cannae (NYSE:CNNE) Upgraded at Wall Street Zen
Wall Street Zen has upgraded Cannae (NYSE:CNNE) from a "sell" to a "hold" rating. This upgrade comes as the company exceeded quarterly earnings and revenue estimates. Despite mixed analyst views, Cannae holds a consensus "Hold" rating with an average price target of $16.50, and institutional investors collectively own 88.12% of the stock.
Cannae Holdings Inc (CNNE) Technical Analysis: Support, Resistance, Indicators & Moving Averages
This article provides a technical analysis of Cannae Holdings Inc (CNNE), focusing on its current price momentum score, support and resistance levels, and various technical indicators and moving averages. The stock is currently trading between a resistance level of 15.74 and a support level of 14.02, suggesting a range-bound swing trading opportunity. While indicators show a mix of sell and neutral signals, the moving averages predominantly indicate buy signals.
Cannae : Investor Presentation – Summer 2026
Cannae Holdings, Inc. (NYSE: CNNE) released its Investor Presentation for Summer 2026, outlining its strategy to transition its portfolio towards sports and entertainment-related assets. The presentation highlights Cannae's investment in global football through Black Knight Football Club, its recent acquisition of Exeter Rugby Group, and its capital allocation strategy focused on driving stock price and Net Asset Value (NAV) growth. The company emphasizes its proven playbook for value creation under the leadership of William P. Foley II and a seasoned management team.
Cannae Holdings (CNNE) Stock Profit Rebound Rides On SpaceX Gain
Cannae Holdings (CNNE) returned to profit in Q2 2026, reporting US$0.86 EPS and US$37.5m net income, largely due to an US$83.4m SpaceX mark-to-market gain. The company is shifting towards active ownership in sports and entertainment assets, evidenced by strong Black Knight Football revenues, and is reducing holding company operating expenses. However, concerns remain about the durability of profits, illiquid sports assets, and the reliance on one-off gains.
Earnings call transcript: Cannae beats Q2 2026 estimates as stock rises after hours
Cannae Holdings reported a strong Q2 2026, exceeding analyst expectations with adjusted EPS of $0.86 and revenue of $102.2 million. The company's stock rose in after-hours trading due to these positive results, reduced corporate costs, and strategic portfolio shifts towards sports and entertainment assets. Cannae is focused on capital allocation through share buybacks, new investments in sports like Exeter Rugby, and monetizing non-core assets to generate shareholder returns.
Cannae Holdings, Inc. Q2 2026 Earnings Call Summary
Cannae Holdings, Inc. is strategically transforming its portfolio to focus on sports and entertainment, as evidenced by investments in Exeter Rugby and BKFC, and the monetization of non-core assets like Watkins and Brasada Ranch. The company expects to resume share buybacks in H2 2026, supported by significant cash reserves and a pending tax refund. Key challenges include an impairment charge in the restaurant group and ongoing delays in its strategic review, while AFC Bournemouth's UEFA Europa League qualification is set to boost revenue.
First Trust Advisors LP Acquires New Position in Cannae Holdings, Inc. $CNNE
First Trust Advisors LP has acquired a new position in Cannae Holdings, Inc. (NYSE:CNNE), purchasing 82,338 shares valued at approximately $936,000. This investment gives First Trust Advisors a 0.19% stake in Cannae Holdings, with institutional investors and hedge funds collectively owning 88.12% of the company. Despite reporting strong quarterly earnings and revenue that beat analyst estimates, Cannae Holdings recorded negative net margins and return on equity, and analysts currently hold a consensus "Hold" rating on the stock.
Earnings call transcript: Cannae beats Q2 2026 estimates as stock rises after hours
Cannae Holdings (CNNE) exceeded Q2 2026 estimates, reporting adjusted EPS of $0.86 against an expected loss of $0.43, and revenue of $102.2 million, slightly above forecasts. The company's stock rose in after-hours trading, driven by the earnings beat, reduced corporate costs, and strategic portfolio adjustments focusing on sports and entertainment assets. Cannae highlighted capital allocation towards dividends and share buybacks, the sale of non-core assets like Watkins Company and Brasada Ranch, and the successful performance of its Black Knight Football multi-club strategy, with AFC Bournemouth qualifying for the UEFA Europa League.
Cannae Q2 Earnings Call Highlights
Cannae Holdings (CNNE) held its Q2 2026 earnings call, announcing plans for continued share repurchases, monetization of non-core assets, and expansion in its sports and entertainment portfolio. The company reported lower operating revenue and significant impairment charges from its restaurant group but highlighted strengthened liquidity through recent asset sales. Cannae also noted strong performance in its sports investments, with AFC Bournemouth qualifying for the UEFA Europa League and strategic acquisitions like Exeter Rugby.
Press Release: Cannae Holdings, Inc. Announces Second Quarter 2026 Financial Results
This press release from Cannae Holdings, Inc. announces their financial results for the second quarter of 2026. Further details of their performance would be available within the full document.
Cannae Holdings Sets 5 p.m. ET Webcast to Discuss Q2 Results
Cannae Holdings, Inc. has announced its second-quarter 2026 financial results, which are available on its website. The company will host a conference call and webcast on August 10, 2026, at 5:00 PM ET to discuss these results, with replay options available for two weeks. Cannae Holdings primarily acquires interests in and actively manages operating companies to maximize shareholder value through long-term ownership.
Cannae Holdings (NYSE: CNNE) swings to Q2 profit as SpaceX stake jumps and restaurants take $32M hit
Cannae Holdings (NYSE: CNNE) reported a swing to profitability in Q2 2026 with a net income of $37.5 million, primarily driven by an $83.4 million unrealized gain from its remeasured SpaceX stake after its IPO. This positive performance occurred despite a $32.1 million goodwill impairment charge on its 99 Restaurants unit and a decrease in overall operating revenues due to softer Restaurant Group sales. The company also continued its capital return strategy through share repurchases and dividends, while maintaining low leverage and simplifying its portfolio through recent divestitures.
Cannae Holdings posts second quarter 2026 results and sets investor call
Cannae Holdings (CNNE) has released its second-quarter 2026 financial results through a shareholder letter on its website and scheduled a conference call for August 10, 2026, at 5:00 p.m. ET to discuss these results. Insider trading data shows one sale by an EVP for an estimated $1,923, while hedge fund activity indicates a mix of institutional investors adding and decreasing their positions in CNNE stock during Q1 and Q2 2026.
Behavioral Patterns of CNNE and Institutional Flows
This article analyzes Cannae Holdings Inc. (NASDAQ: CNNE) focusing on its behavioral patterns and institutional flows. It highlights potentially shifting near-term sentiment, divergent sentiment across horizons suggesting choppy conditions, and provides AI-generated trading strategies for different risk profiles. The analysis includes support and resistance levels across various timeframes.
Press Release: Cannae Holdings, Inc. Announces Quarterly Cash Dividend of $0.15
Cannae Holdings, Inc. (NYSE: CNNE) has declared a quarterly cash dividend of $0.15 per share. The dividend is payable on September 15, 2026, to shareholders of record as of the close of business on September 1, 2026. This announcement reflects the company's commitment to returning value to its shareholders.
CNNE Q2'26 Earnings: EPS estimate is (0.42) USD
Cannae Holdings, Inc. (CNNE) is projected to announce its Q2'26 earnings on August 10, after market close, with an estimated revenue of $99.65 million and an EPS of ($0.42) USD. The article provides a table detailing past and estimated revenue and EPS figures, highlighting previous earnings surprises. Financial data is provided in USD and sourced from FactSet.
Carronade reports 7.8% Cannae Holdings (NYSE: CNNE) stake
Carronade Capital Management and its affiliated entities have filed an amended Schedule 13D, reporting a beneficial ownership of 3,395,965 shares of Cannae Holdings (NYSE: CNNE) common stock, which represents 7.8% of the company's outstanding shares. This filing details how the shares are held across its Master fund and managed accounts, with an aggregate purchase price exceeding $61 million. The report clarifies the voting and dispositive power over these shares, noting that Carronade holds shared power.
Cannae Holdings, Inc. Announces Quarterly Cash Dividend of $0.15
Cannae Holdings, Inc. (NYSE: CNNE) announced that its Board of Directors has declared a quarterly cash dividend of $0.15 per share. The dividend is scheduled to be paid on September 30, 2026, to shareholders of record as of September 16, 2026. Cannae Holdings primarily acquires interests in and actively manages operating companies, focusing on long-term ownership to maximize shareholder value.
Cannae Holdings Inc (CNNE) Earnings Forecast: Future EPS & Revenue Growth Estimates
This article provides an earnings forecast for Cannae Holdings Inc (CNNE), detailing its current earnings forecast score, average price target, and analyst ratings. It highlights that analysts have a "Strong Buy" rating for CNNE, with an expected revenue of $100.85M for the next quarter and a price target of $20.50. The article also includes FAQs on the company's financial performance and expectations.
Cannae Holdings declares $0.15 quarterly dividend
Cannae Holdings Inc. (NYSE:CNNE) announced a quarterly cash dividend of $0.15 per share. The dividend is scheduled to be paid on September 30, 2026, to shareholders of record as of September 16, 2026. The company acquires and manages interests in operating companies.
Cannae Holdings, Inc. (NYSE:CNNE) to Issue $0.15 Quarterly Dividend
Cannae Holdings, Inc. (NYSE:CNNE) has declared a quarterly dividend of $0.15 per share, payable on September 30th to shareholders of record on September 16th, which translates to an annualized yield of 4.1%. However, the company's payout ratio is a negative 56.6%, indicating that current earnings do not cover the dividend, and its latest quarterly earnings missed analyst expectations with a $0.70 loss per share. Institutional investors and hedge funds hold a significant 88.12% of the company's stock, with several increasing their positions recently.
Cannae Holdings declares $0.15 quarterly dividend By Investing.com
Cannae Holdings Inc. (NYSE:CNNE) has announced that its board of directors declared a quarterly cash dividend of $0.15 per share. The dividend is scheduled to be paid on September 30, 2026, to shareholders of record as of September 16, 2026. The company focuses on acquiring interests in and managing operating businesses.
Cannae Holdings, Inc. Announces Quarterly Cash Dividend of $0.15
Cannae Holdings, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.15 per share. The dividend is payable on September 30, 2026, to shareholders of record as of September 16, 2026. Cann
Cannae sets Sept. 30 payment date for $0.15 dividend
Cannae Holdings, Inc. (NYSE: CNNE) announced that its Board of Directors has declared a quarterly cash dividend of $0.15 per share. The dividend will be payable on September 30, 2026, to shareholders of record as of September 16, 2026. Cannae primarily acquires and actively manages interests in operating companies, focusing on long-term ownership to maximize shareholder value.
Cannae Holdings, Inc. Sells its Ownership Interest in The Watkins Company to KDSA Investment Partners
Cannae Holdings, Inc. announced the sale of its ownership stake in The Watkins Company to KDSA Investment Partners. This transaction represents a key step in Cannae's strategy to transform its portfolio, monetize non-core assets, and redeploy capital for future investments or shareholder returns. The sale generated a multiple on invested capital of approximately 1.2x and an IRR of nearly 10% in less than two years.
Cannae (CNNE) Expected to Release Earnings on Monday
Cannae (CNNE) is projected to release its Q2 2026 earnings after market close on Monday, August 10th, with analysts expecting a loss of $0.4467 per share and revenue of $101 million. The company missed estimates in the previous quarter, reporting a larger loss and lower revenue, which was down 6.8% year-over-year. Despite mixed analyst sentiment and a "Hold" rating, CNNE shares recently traded up 2.6% at $14.93, and the company maintains a quarterly dividend of $0.15.
Cannae Sells Equity Stake in Watkins to KDSA Investment Partners
Cannae Holdings, Inc. (NYSE: CNNE) announced the sale of its equity stake in Watkins to KDSA Investment Partners, a private equity firm. The transaction provides liquidity for Cannae while Watkins gains a new partner to support its future growth.
CNNE|Cannae Holdings Inc|Price:14.550|
This article provides a comprehensive stock analysis of Cannae Holdings Inc (CNNE), highlighting its strong fundamentals, good growth potential, and fair valuation within the Investment Holding Companies industry. It details the company's segments, including Restaurant Group, Alight, and Black Knight Football and Entertainment, and notes high profit growth but also risks like being overvalued based on PE ratio and institutional selling. The analysis also includes analyst ratings, peer comparisons, and explanations of how TradingKey generates its various stock scores.
Cannae sells Watkins Company stake to KDSA Investment Partners By Investing.com
Cannae Holdings, Inc. announced the sale of its ownership stake in The Watkins Company to KDSA Investment Partners. Cannae had invested $80 million in Watkins in October 2024, and the sale, including proceeds and fees, resulted in approximately 1.2x multiple on invested capital and a nearly 10% internal rate of return over less than two years. This divestiture allows Cannae to monetize a non-core asset and reallocate capital towards strategic priorities, including sports and entertainment assets, new investments, or shareholder returns.
Cannae Holdings sells Watkins stake to KDSA Investment Partners
Cannae Holdings has sold its stake in The Watkins Company to KDSA Investment Partners, marking a portfolio shift. Cannae's initial USD 80 million investment in October 2024 yielded approximately a 1.2x multiple and nearly a 10% IRR in under two years. The proceeds from this sale will be used for new investments or shareholder returns, as Cannae focuses on sports and entertainment assets.
Cannae Sells Watkins Stake for $90M, Reports ~1.2x MOIC and ~10% IRR
Cannae Holdings (CNNE) has sold its ownership interest in Watkins for $90 million, generating approximately 1.2 times multiple on invested capital (MOIC) and nearly a 10% Internal Rate of Return (IRR). This transaction, which comes less than two years after the initial $80 million investment, is part of Cannae's strategy to monetize non-core assets and redeploy capital.
Cannae's $80M Watkins Deal Represents Nearly 10% IRR in Under Two Years
Cannae Holdings, Inc. (NYSE: CNNE) has sold its stake in The Watkins Company to KDSA Investment Partners for approximately 1.2x its invested capital of $80 million in less than two years, achieving an IRR of nearly 10%. This sale aligns with Cannae's strategy to transform its portfolio by monetizing non-core assets and focusing on sports and entertainment, with proceeds being redeployed into new investments or returned to shareholders.
Cannae Holdings sells Watkins stake to KDSA Investment Partners
Cannae Holdings has sold its minority stake in The Watkins Company to KDSA Investment Partners, shifting its portfolio focus. The investment yielded a 1.2x multiple on invested capital (MOIC) and a nearly 10% IRR in under two years from an initial $80 million investment. Proceeds from the sale will be used for new investments or shareholder returns, specifically targeting sports and entertainment assets.
Gabelli Funds LLC Increases Stake in Cannae Holdings, Inc. $CNNE
Gabelli Funds LLC significantly increased its stake in Cannae Holdings, Inc. by 90.4% in the first quarter, now owning 191,152 shares valued at $2.17 million. Institutional investors hold a substantial 88.12% of the company's stock. Despite mixed analyst ratings, the company reported a quarterly loss and a revenue decline but still paid a quarterly dividend of $0.15 per share.
Cannae Holdings Inc (CNNE) Institutional Confidence
Cannae Holdings Inc (CNNE) has an institutional shareholding score of 10.00, placing it first in the Investment Holding Companies industry. The institutional shareholding proportion is 91.68%, with a slight decrease of 1.80% quarter-over-quarter. Paul Tudor Jones is the largest institutional shareholder, holding 0.28% of outstanding shares.
(CNNE) Movement Within Algorithmic Entry Frameworks
Quantitative Research Desk has published an analysis on Cannae Holdings Inc. (NASDAQ: CNNE), highlighting positive near-term sentiment that may shift and a lack of clear price positioning signals. The analysis identifies compelling upside potential due to the absence of resistance levels above the current price. It also provides three distinct AI-generated trading strategies for different risk profiles.
Cannae Holdings Inc (CNNE) Earnings Forecast: Future EPS & Revenue Growth Estimates
This article provides an earnings forecast for Cannae Holdings Inc (CNNE), detailing its current earnings forecast score, average price target from analysts, and a comparison with peers. Analysts have a "Strong Buy" rating for CNNE, with an expected upside, along with forecasted revenues and EPS for upcoming periods. The market expects Cannae Holdings Inc's next quarter revenue to be $101.80M, and EPS for the next quarter is expected at -$0.45.
Press Release: Cannae Holdings, Inc. Announces Second Quarter 2026 Earnings Release Date and Conference Call
Cannae Holdings, Inc. will release its second-quarter 2026 earnings before the market opens on Thursday, August 8, 2026. The company will also host a conference call and live webcast at 11:00 AM EDT to discuss these results, which will be accessible via its investor relations website or a dial-in number provided. A replay will be available for approximately 30 days after the call.
Cannae's Q2 results come after market close Aug. 10; call at 5 p.m.
Cannae Holdings, Inc. (NYSE: CNNE) announced it will release its Second Quarter 2026 financial results after market close on Monday, August 10, 2026. The company will hold a conference call to discuss these results at 5:00 p.m. (Eastern Time) on the same day. Investors can access the call via phone or a simultaneous webcast on the company's website.
Cannae Holdings, Inc. Announces Second Quarter 2026 Earnings Release Date and Conference Call
Cannae Holdings, Inc. (CNNE) has announced that its Second Quarter 2026 financial results will be released after market close on Monday, August 10, 2026. The company will host a conference call on the same day at 5:00 pm ET to discuss these results. Interested parties can access the call via phone or a simultaneous webcast on Cannae Holdings' website.
CNNE|Cannae Holdings Inc|Price:14.730|Chg%:+0.370
This article provides a detailed company profile for Cannae Holdings Inc (CNNE), including its business segments, financial data, and key executives. Cannae Holdings primarily acquires and operates interests in various companies, notably within the Restaurant Group, Alight (human capital management), and Black Knight Football and Entertainment (sports clubs) segments. The report also highlights institutional shareholdings and revenue sources, with Restaurant Sales being the dominant contributor.
Cannae Holdings Inc (CNNE) Dividends & Stock Splits: Historical Payouts and Event Timeline
This article provides a historical overview of dividend payouts and stock splits for Cannae Holdings Inc (CNNE). It details various interim and final cash dividends with their respective record, payment, and ex-dividend dates, ranging from 2024 to 2026. The information also includes the total dividends distributed over the past five years by CNNE.
TradingKey
This article provides a detailed quarterly income statement for Cannae Holdings Inc (CNNE), covering several fiscal years. It includes financial metrics like total revenue, cost of revenue, operating expenses, operating profit, net income, and earnings per share, along with year-over-year percentage changes. The article also features an FAQ section clarifying how to read the income statement and defining key financial terms.
Cannae Holdings Inc (CNNE) Valuation: PE, PB & Fair Value Analysis
The article provides a valuation analysis of Cannae Holdings Inc (CNNE), noting its current valuation score of 8.93, ranking 4 out of 10 in the Investment Holding Companies industry. It highlights the company's P/E ratio of -1.85, detailing its position relative to recent highs and lows. The analysis also states that relevant data for P/B, P/S, and P/CF ratios have not yet been disclosed by the company.
Fifth Third Bancorp Invests $1.26 Million in Cannae Holdings, Inc. $CNNE
Fifth Third Bancorp initiated a new position in Cannae Holdings, Inc. by purchasing 110,620 shares valued at $1.26 million in the first quarter of 2026, increasing institutional ownership to 88.12%. Despite this significant investment, Cannae reported a Q1 earnings miss with an EPS of -$0.70 against an expected -$0.40 and revenue of $96.2 million. The company maintains a "Hold" consensus rating with an average target price of $17.00, and also announced a quarterly dividend of $0.15 per share.
CNNE|Cannae Holdings Inc|Price:14.350|Chg%:-0.460
Cannae Holdings Inc. (CNNE) shows strong fundamentals and good growth potential, with its valuation considered fairly valued within the Investment Holding Companies industry. Analysts have rated it a Strong Buy with a target price of $18.33, despite recent institutional selling. The company primarily acquires interests in operating companies across segments like Restaurant Group, Alight, and Black Knight Football and Entertainment.
Bulldog Investors LLP Sells 154,139 Shares of Cannae Holdings, Inc. $CNNE
Bulldog Investors LLP significantly reduced its stake in Cannae Holdings, Inc. by selling over 154,000 shares, leaving them with 302,052 shares valued at $3.43 million. This move follows Cannae's weaker-than-expected quarterly financial results, which reported a loss of $0.70 per share and lower-than-anticipated revenue. Despite these financial challenges and mixed analyst opinions, Cannae continues to pay a quarterly dividend, maintaining an annualized yield of about 4.1%.
