Conduit (CRE) Share Price, News & Analysis

Company Overview

Conduit Re is a Bermuda-based multi-line reinsurance business with global reach. Conduit Reinsurance Limited is licensed by the Bermuda Monetary Authority as a Class 4 insurer. A.M. Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of a- (Excellent) to Conduit Reinsurance Limited. The outlook assigned to these ratings is positive. Conduit Holdings Limited is the ultimate parent of Conduit Re and is listed on the London Stock Exchange

Key Stats

• Today's Range: 350 to 361.50
• 50-Day Range: 273.50 to 358.50
• 52-Week Range: 271 to 546
• Volume: 206,657 shs
• Average Volume: 927,480 shs
• Market Capitalization: £552.39 million
• P/E Ratio: 4,412.50
• Dividend Yield: 0.10%
• Price Target: GBX 500
• Consensus Rating: Moderate Buy

Conduit Stock Analysis - MarketRank™

Conduit scored higher than 44% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.7 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Conduit has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Upside Potential

Conduit has a consensus price target of GBX 500, representing about 40.3% upside from its current price of GBX 356.50.

Amount of Analyst Coverage

Conduit has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Conduit is 4,456.25, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 232.35.

Price to Earnings Ratio vs. Sector

The P/E ratio of Conduit is 4,456.25, which means that it is trading at a more expensive P/E ratio than the Financial Services sector average P/E ratio of about 1,334.64.

Price to Book Value per Share Ratio

Conduit has a P/B Ratio of 0.54. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for CRE.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Conduit is a leading dividend payer. It pays a dividend yield of 7.42%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Conduit does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Conduit is 456.16%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for CRE.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

Search Interest

5 people have searched for CRE on MarketBeat in the last 30 days. This is an increase of 25% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Conduit insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.59% of the stock of Conduit is held by insiders.

Percentage Held by Institutions

79.17% of the stock of Conduit is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CRE Stock Analysis - Frequently Asked Questions

How have CRE shares performed this year?

Conduit's stock was trading at GBX 464.49 at the beginning of the year. Since then, CRE shares have decreased by 23.2% and is now trading at GBX 356.50.

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.

What other stocks do shareholders of Conduit own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Conduit investors own include Close Brothers Group (CBG), Hurricane Energy (HUR), Playtech (PTEC), iShares Core High Dividend ETF (HDV), Extreme Networks (EXTR), iShares Global Industrials ETF (EXI) and Walt Disney (DIS).

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Financial Services
• Industry: Insurance - Reinsurance
• Sub-Industry: N/A
• Current Symbol: LON:CRE
• CIK: N/A
• Web: www.creston.com
• Phone: +44-20-79309757
• Fax: N/A
• Employees: 59
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Conduit: GBX 500
• High Price Target: GBX 700
• Low Price Target: GBX 300
• Potential Upside/Downside: +39.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): GBX 0.08
• Trailing P/E Ratio: 4,481.25
• Forward P/E Ratio: 3.50
• P/E Growth: N/A
• Net Income: £267.22 million
• Net Margins: 30.25%
• Pretax Margin: N/A
• Return on Equity: 20.65%
• Return on Assets: 8.83%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: 1.19

Sales & Book Value

• Annual Sales: £816.80 million
• Price / Sales: 0.69
• Cash Flow: GBX 54.40 per share
• Price / Cash Flow: 6.59
• Book Value: GBX 663.36 per share
• Price / Book: 0.54

Miscellaneous

• Outstanding Shares: 156,484,000
• Free Float: N/A
• Market Cap: £561.00 million
• Optionable: Not Optionable
• Beta: 0.52