Cannae (CNNE) vs First Watch Restaurant Group (FWRG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
Cannae (CNNE) has outperformed First Watch Restaurant Group (FWRG) over the past year, losing 16.2% versus a loss of 30.6%. Over five years, FWRG leads with a -49.1% price change compared with -51.1% for CNNE. First Watch Restaurant Group is the larger company by market cap ($677.6 million vs $672.3 million), about 1.0 times the size.
Cannae pays a dividend yielding 3.87%, while First Watch Restaurant Group does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CNNE | FWRG |
|---|---|---|
| Share price | $15.50 | $10.98 |
| Market cap | $672.30M | $677.60M |
| 1-day change | -2.52% | +0.18% |
| YTD return | -1.46% | -27.19% |
| 1-year return | -16.17% | -30.64% |
| 5-year return | -51.07% | -49.14% |
| P/E ratio (TTM) | — | 39.21 |
| Forward P/E | — | 44.67 |
| EPS (TTM) | $-2.87 | $0.28 |
| Dividend yield | 3.87% | 0.00% |
| Annual dividend | $0.60 | $0.00 |
| 52-week high | $19.00 | $18.82 |
| 52-week low | $10.46 | $9.88 |
| Distance from 52-week high | -18.42% | -41.67% |
| Analyst consensus | none | strong_buy |
| Avg. price target upside | +8.06% | +75.77% |
| Average volume | 490.47K | 1.20M |
| Shares outstanding | 43.37M | 61.71M |
| Employees | 6,602 | 18,000 |
| Sector | Consumer Discretionary | Consumer Discretionary |
| Industry | Restaurants | Restaurants |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- CNNE has outperformed FWRG by 14.5 percentage points over the past year.
- Cannae offers a meaningfully higher dividend yield (3.87% vs 0.00%).
About Cannae
CNNE stock →Cannae Holdings, Inc. is a principal investment firm.
Consumer Discretionary · Restaurants · 6,602 employees
About First Watch Restaurant Group
FWRG stock →First Watch Restaurant Group, Inc., through its subsidiaries, operates and franchises restaurants under the First Watch trade name in the United States. The company was formerly known as AI Fresh Super Holdco, Inc.
Consumer Discretionary · Restaurants · 18,000 employees
CNNE vs FWRG FAQ
Which is bigger, Cannae or First Watch Restaurant Group?
First Watch Restaurant Group (FWRG) is larger, with a market capitalization of $677.60M compared with $672.30M for Cannae (CNNE).
Which stock has performed better over the past year, CNNE or FWRG?
CNNE returned -16.17% over the past 12 months, compared with -30.64% for FWRG (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, Cannae or First Watch Restaurant Group?
Cannae pays a dividend yielding 3.87%, while First Watch Restaurant Group does not currently pay a regular dividend.
Are Cannae and First Watch Restaurant Group in the same industry?
Yes. Both are classified in the Restaurants industry within the Consumer Discretionary sector.