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Cannae Holdings (CNNE) Stock News

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Welcome to our dedicated page for Cannae Holdings news (Ticker: CNNE), a resource for investors and traders seeking the latest updates and insights on Cannae Holdings stock.

Cannae Holdings, Inc. issues updates as an investment holding company that acquires interests in operating companies and actively manages a core group of portfolio businesses. News commonly covers financial results, shareholder letters, quarterly cash dividends, share repurchase authorizations, and asset-level performance across holdings.

Company updates also address portfolio activity in Black Knight Football Club, including its professional football club interests and FC Lorient ownership, along with Cannae’s reported exposure to restaurant operations, Alight, and JANA.

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Cannae Holdings (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.

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Cannae Holdings (NYSE: CNNE) announced the sale of its ownership stake in The Watkins Company, a flavoring business specializing in extracts, spices and seasonings, to KDSA Investment Partners. Cannae originally invested $80 million in October 2024.

According to Cannae, including sale proceeds, preferred dividends and fees, the investment generated a multiple on invested capital of approximately 1.2x in less than two years, with an estimated IRR of nearly 10%. The company said the transaction monetizes a non-core asset, supports its portfolio transformation toward sports and entertainment related holdings, and provides additional capital for future investments or potential capital returns to shareholders.

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Cannae Holdings (NYSE: CNNE) will release its Second Quarter 2026 financial results after market close on Monday, August 10, 2026. A conference call to discuss the results will be held the same day at 5:00 pm Eastern Time, accessible via phone and webcast.

Domestic callers can dial 1-800-245-3047 and international callers 1-203-518-9765, using conference ID CANNAE. A telephonic replay will be available until 11:59 pm Eastern Time on August 24, 2026, and an online replay will be posted on the company’s website.

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Cannae Holdings (NYSE: CNNE) agreed to sell its 87% interest in Brasada Ranch, a resort in Powell Butte, Oregon, to a company owned by Vice Chairman William P. Foley II in exchange for terminating his put right.

The deal implies an estimated $40 million enterprise value for Brasada, including about $17 million of assumed debt. Cannae has already recovered its original investment through $13.5 million of prior distributions. The transaction is expected to free up at least $47 million of capital, support a shift toward sports and entertainment assets, and remove the put right and related liability. Closing is targeted on or before July 15, 2026, subject to conditions and board-approved governance processes.

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Cannae Holdings (NYSE: CNNE) has acquired 100% of Exeter Rugby Group via its new subsidiary Black Knight Rugby, valuing the club at an enterprise value of £32.6 million (about $43 million).

Cannae invested £19.6 million, using £11.7 million to repay debt and £7.9 million for growth capital, advancing its strategy to focus on sports and entertainment assets.

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Cannae Holdings (NYSE: CNNE) and Black Knight Football report that AFC Bournemouth finished sixth in the 2025-26 Premier League with 57 points, securing the Club’s first-ever UEFA Europa League qualification after an 18-match unbeaten run.

Cannae highlights major financial and sporting benefits from European competition and notes that AFC Bournemouth sold key players for over $350 million across two recent transfer windows, while being named Europe’s second most profitable trading club in summer 2025/26, underscoring its multi-club investment strategy.

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Cannae Holdings (NYSE:CNNE) announced that CEO Ryan Caswell will participate in Gabelli Funds 18th Annual Sports & Media Symposium on June 4, 2026, in New York.

He will join a Sports Platforms Panel at 12:20 PM ET to discuss Cannae’s sports investments, with a live webcast and replay available on the company’s investor relations site.

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Cannae Holdings (NYSE:CNNE) has posted its Q1 2026 financial results on its website within a Letter to Shareholders. The company will host a quarterly results call on May 11, 2026 at 5:00pm ET, with both dial-in and webcast access plus replay options.

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Cannae Holdings (NYSE: CNNE) declared a quarterly cash dividend of $0.15 per share. The dividend is payable June 30, 2026 to shareholders of record as of June 16, 2026. This is a regular cash distribution to common shareholders.

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Cannae Holdings (NYSE: CNNE) will release its First Quarter 2026 financial results after market close on Monday, May 11, 2026, and will host a conference call at 5:00 pm ET that same day.

Dial-in numbers, conference ID CANNAE, telephonic replay access codes, webcast link at www.cannaeholdings.com, and replay availability through May 25, 2026 are provided.

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FAQ

What is the current stock price of Cannae Holdings (CNNE)?

The current stock price of Cannae Holdings (CNNE) is $14.78 as of August 7, 2026.

What is the market cap of Cannae Holdings (CNNE)?

The market cap of Cannae Holdings (CNNE) is approximately 652.1M.