Cannae Holdings Inc (NYSE:CNNE) price on current trading day, fall -1.87% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $19.38.
A look at the stock’s price movement, the level at last check in today’s session was $19.75, moving within a range at $19.335 and $19.84. The beta value (5-Year monthly) was 0.997. Turning to its 52-week performance, $22.36 and $15.91 were the 52-week high and 52-week low respectively. Overall, CNNE moved 8.21% over the past month.
Cannae Holdings Inc’s market cap currently stands at around $1.22 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-May-11. The company has a Forward Dividend ratio of 0.48, with its dividend yield at 2.48%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 109.95M for the company’s revenue for the quarter, with a low and high estimate of 109.1M and 110.8M respectively. The average forecast suggests down to a -6.82% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 429.15M, representing a -5.16% decline on that reported in the last financial year.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 0 recommend CNNE as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
CNNE’s current price about 2.95% and 7.19% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 59.22, while 7-day volatility ratio is 1.13% and 1.30% in the 30-day chart. Further, Cannae Holdings Inc (CNNE) has a beta value of 1.00, and an average true range (ATR) of 0.49. Analysts have given the company’s stock an average 52-week price target of $22, forecast between a low of $22 and high of $22. Looking at the price targets, the low is -13.52% off recent price level in today’s trading while to achieve the yearly target high, it has to move -13.52%. Nonetheless, investors will most likely welcome a -13.52% jump to $22 which is the analysts’ median price.
If we refocus on Cannae Holdings Inc (NYSE:CNNE), historical trading data shows that trading volumes averaged 0.8 over the past 10 days and 712.95K over the past 3 months. The company’s latest data on shares outstanding shows there are 62.82 million shares.
The 11.42% of Cannae Holdings Inc’s shares are in the hands of company insiders while institutional holders own 84.92% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 2.39 million on 2025-05-30, giving us a short ratio of 3.85. The data shows that as of 2025-05-30 short interest in Cannae Holdings Inc (CNNE) stood at 420.0 of shares outstanding, with shares short rising to 1.92 million registered in 2025-04-30. Current price change has pushed the stock -2.42% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the CNNE stock continues to rise going into the next quarter.
