Added to YB: 2026-07-21
Pitch date: 2026-07-18
CNNE [neutral]
Cannae Holdings, Inc.
+6.02%
current return
Author Info
No bio for this author
Company Info
Cannae Holdings, Inc. is a principal investment firm. The firm primarily invests in restaurants, technology enabled healthcare services, financial services and more.
Market Cap
$649.4M
Pitch Price
$14.94
Price Target
24.31 (+54%)
Dividend
4.06%
EV/EBITDA
-2.37
P/E
-1.89
EV/Sales
1.63
Sector
Financial Services
Category
value
A company that carried out $323M in buybacks, a pivot to sports, and a discount that is still not closed. - $CNNE
CNNE (watchlist): Foley holdco at $15.19, 30-34% adj NAV discount ($21.72-22.89 vs reported $24.31, BKFC haircut). Pivot to sports/entertainment: Bournemouth Europa League qual, bought Exeter Rugby, sold Brasada. $323M 2025 buybacks (32% auth), Carronade activism. Wgt EV $19.28 (+27%). Bull $23/35%, base $19.50/50%, bear $11.50/15%. 1.7x net asymmetry. Restaurant Group drag key risk. Q2 ER Aug 10 catalyst; 24-36mo horizon, no position yet.
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