LON:CRE

Conduit (CRE) Share Price, News & Analysis

GBX 505
+5.50 (+1.10%)
(As of 04/23/2024 ET)
Today's Range
490
505
50-Day Range
4.95
529
52-Week Range
4.95
533
Volume
1.38 million shs
Average Volume
392,489 shs
Market Capitalization
£792.75 million
P/E Ratio
531.58
Dividend Yield
5.54%
Price Target
GBX 695

Conduit MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
37.6% Upside
GBX 695 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
£6.15 M Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.78 out of 5 stars

CRE stock logo

About Conduit Stock (LON:CRE)

Conduit Holdings Limited, together with its subsidiaries, provides reinsurance products and services worldwide. It operates in three divisions: Property, Casualty, and Specialty. The property division offers catastrophe and non-catastrophe property reinsurance products. The Casualty division provides director's and officer's, financial institutions, general, professional, and transactional liability, as well as medical malpractice reinsurance products. The Specialty division offers aviation, energy, engineering and construction, environmental, marine, renewables, political violence and terrorism, whole account, specie and fine art, and war reinsurance products. Conduit Holdings Limited was incorporated in 2020 and is headquartered in Pembroke, Bermuda.

CRE Stock Price History

CRE Stock News Headlines

SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
DoubleLine Update on Commercial Real Estate and CRE Debt
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Dallas CRE Developers News
Conduit Holdings Ltd CRE
Conduit Pharmaceuticals Inc CDT
See More Headlines
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Company Calendar

Ex-Dividend for 4/24 Dividend
3/21/2024
Today
4/23/2024
Dividend Payable
4/24/2024

Industry, Sector and Symbol

Industry
Insurance - Reinsurance
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
59
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
GBX 695
High Stock Price Target
GBX 695
Low Stock Price Target
GBX 695
Potential Upside/Downside
+40.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
£190.80 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£594.10 million
Cash Flow
GBX 75.32 per share
Book Value
GBX 625 per share

Miscellaneous

Free Float
N/A
Market Cap
£779.25 million
Optionable
Not Optionable
Beta
0.48
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Key Executives

  • Mr. Neil David Eckert (Age 62)
    Executive Chairman
    Comp: $1.74M
  • Mr. Trevor Carvey (Age 62)
    Executive Director & CEO
    Comp: $3.09M
  • Ms. Elaine Whelan (Age 49)
    Executive Director & CFO
    Comp: $2.25M
  • Mr. Stuart Quinlan
    Deputy CEO & COO
  • Mr. Greg Lunn
    Group Legal Counsel & Company Secretary
  • Mr. Andrew Smith
    Chief Risk & Sustainability Officer
  • Mr. Greg Roberts
    Chief Underwriting Officer
  • Mr. Marc Bearman
    Head of Specialty for Marine & Energy
  • Mr. Angus Hampton
    Head of International Casualty & Long Term Specialty
  • Mr. Peter Kiernan
    Head of Property

CRE Stock Analysis - Frequently Asked Questions

Should I buy or sell Conduit stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Conduit in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" CRE shares.
View CRE analyst ratings
or view top-rated stocks.

What is Conduit's stock price target for 2024?

1 Wall Street research analysts have issued 1 year price objectives for Conduit's shares. Their CRE share price targets range from GBX 695 to GBX 695. On average, they anticipate the company's share price to reach GBX 695 in the next year. This suggests a possible upside of 37.6% from the stock's current price.
View analysts price targets for CRE
or view top-rated stocks among Wall Street analysts.

How have CRE shares performed in 2024?

Conduit's stock was trading at GBX 469 on January 1st, 2024. Since then, CRE shares have increased by 7.7% and is now trading at GBX 505.
View the best growth stocks for 2024 here
.

How often does Conduit pay dividends? What is the dividend yield for Conduit?

Conduit declared a dividend on Wednesday, February 21st. Shareholders of record on Thursday, March 21st will be paid a dividend of GBX 0.18 per share on Wednesday, April 24th. This represents a dividend yield of 3.06%. The ex-dividend date is Thursday, March 21st. The official announcement can be accessed at this link.
Read our dividend analysis for CRE
.

Is Conduit a good dividend stock?

Conduit (LON:CRE) pays an annual dividend of GBX 28 per share and currently has a dividend yield of 5.72%. CRE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 2,947.37%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for CRE.

What other stocks do shareholders of Conduit own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Conduit investors own include Hurricane Energy (HUR), Close Brothers Group (CBG), American Airlines Group (AAL), Playtech (PTEC), Molina Healthcare (MOH), Lloyds Banking Group (LLOY), Kohl's (KSS), Extreme Networks (EXTR) and

How do I buy shares of Conduit?

Shares of CRE stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

This page (LON:CRE) was last updated on 4/23/2024 by MarketBeat.com Staff

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