LON:CRE Conduit (CRE) Share Forecast, Price & News GBX 456 -4.50 (-0.98%) (As of 10/2/2023 ET) Add Compare Share Share Today's Range 452▼ 469.5050-Day Range 434.50▼ 49152-Week Range 299.50▼ 518Volume85,501 shsAverage Volume289,000 shsMarket Capitalization£753.49 millionP/E Ratio3,040.00Dividend Yield6.36%Price TargetGBX 500 ProfileProfileAnalyst RatingsChartCompetitorsDividendInsider TradesHeadlinesProfileAnalyst RatingsChartCompetitorsDividendInsider TradesHeadlines Conduit MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside10.1% UpsideGBX 500 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingAcquiring Shares£13.50 M Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.01 out of 5 stars 2.5 Analyst's Opinion Consensus RatingConduit has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of GBX 500, Conduit has a forecasted upside of 10.1% from its current price of GBX 454.Amount of Analyst CoverageConduit has only been the subject of 1 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for CRE. Previous Next 1.7 Dividend Strength Dividend LeadershipConduit is a leading dividend payer. It pays a dividend yield of 6.21%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthConduit does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Conduit is 19,333.33%. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CRE. Previous Next 2.3 News and Social Media Coverage News SentimentConduit has a news sentiment score of 1.15. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.77 average news sentiment score of Financial Services companies.News Coverage This WeekMarketBeat has tracked 1 news article for Conduit this week, compared to 1 article on an average week. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Conduit insiders have bought more of their company's stock than they have sold. Specifically, they have bought £135,006.40 in company stock and sold GBX 0 in company stock.Percentage Held by InsidersOnly 3.57% of the stock of Conduit is held by insiders.Percentage Held by Institutions77.68% of the stock of Conduit is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Conduit is 3,026.67, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 114.49.Price to Earnings Ratio vs. SectorThe P/E ratio of Conduit is 3,026.67, which means that it is trading at a more expensive P/E ratio than the Financial Services sector average P/E ratio of about 285.98.Price to Book Value per Share RatioConduit has a P/B Ratio of 0.79. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Conduit (LON:CRE) StockConduit Holdings Limited, together with its subsidiaries, engages in the reinsurance business in the United States, Europe, and internationally. It underwrites property, casualty, and specialty reinsurance products comprising director's and officer's liability, financial institutions liability, general liability, medical malpractice, professional liability, transactional liability, aviation, energy, marine, political violence and terrorism, whole account, and ceded reinsurance products. Conduit Holdings Limited was incorporated in 2020 and is headquartered in Pembroke, Bermuda.Read More CRE Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CRE Stock News HeadlinesSeptember 26, 2023 | americanbankingnews.comConduit Holdings Limited (LON:CRE) Insider Trevor Carvey Buys 10,000 Shares of StockSeptember 11, 2023 | benzinga.comKBRA Releases Research – Metro-Level CRE Loan Distress: Location Still MattersOctober 2, 2023 | Behind the Markets (Ad)[BREAKING] Small Firm Wins $1 Billion Army Contract for Breakthrough "Living Software"The Washington Post Reports it's: "A revolution in warfare." The Sunday Times Reports it's: "a revolutionary power." Early investors can reap 5,633% gains as England, Germany, Japan and Australia rush to sign contracts. Get the name of the stock here >>>August 14, 2023 | businesswire.comKBRA Releases Research – Maui Wildfires: KBRA-Rated CMBS and CRE CLO ExposureAugust 12, 2023 | technews.tmcnet.comKBRA Releases Research-KBRA-Rated CMBS and CRE CLO WeWork ExposureAugust 11, 2023 | benzinga.comKBRA Releases Research—KBRA-Rated CMBS and CRE CLO WeWork ExposureJuly 29, 2023 | msn.comCommercial mortgage-backed securities are in the spotlight again, but this isn’t 2008July 28, 2023 | msn.comCommercial mortgage-backed securities are in the spotlight, but this isn’t 2008October 2, 2023 | Behind the Markets (Ad)[BREAKING] Small Firm Wins $1 Billion Army Contract for Breakthrough "Living Software"The Washington Post Reports it's: "A revolution in warfare." The Sunday Times Reports it's: "a revolutionary power." Early investors can reap 5,633% gains as England, Germany, Japan and Australia rush to sign contracts. Get the name of the stock here >>>July 27, 2023 | msn.comAfrican girl with burnt food pipe gets a new one in BengaluruJuly 27, 2023 | finance.yahoo.comConduit Holdings Insiders Added US$750k Of Stock To Their HoldingsJuly 19, 2023 | bizjournals.comFewer CRE loans being refinanced, but lenders find other ways to work with borrowersJuly 15, 2023 | bizjournals.comMilwaukee CRE Developers NewsJune 14, 2023 | finance.yahoo.comKBRA Credit Profile Releases CREFC June Conference 2023: Day 2 RecapJune 13, 2023 | bizjournals.comCRE Developers NewsJune 12, 2023 | technews.tmcnet.comKBRA's Akshay Maheshwari Named CREFC's 20 Under 40June 9, 2023 | finance.yahoo.comQuantum Loophole’s QLoop Fiber Conduit System Completes Second Potomac River CrossingJune 7, 2023 | nytimes.comThe Tribeca Festival Has a Story to TellJune 6, 2023 | reuters.comUS judge in Florida blocks enforcement of state ban on gender-affirming careMay 16, 2023 | marketwatch.comBasis Investment Group Acquires B-Piece in $1B CMBS PoolMay 15, 2023 | omaha.comChamping at the gigabit: Omaha area residents offered more internet speed, choicesMay 15, 2023 | omaha.comMetro area offered more internet speed, choicesMay 6, 2023 | msn.comLiberal lawmakers want to help Biden woo young votersMay 4, 2023 | marketwatch.comGlobal "Nerve Conduit, Nerve Wrap and Nerve Graft Repair Product Market" 2023 Insights from Leading Growth Drivers till 2031April 18, 2023 | msn.comHome Helpers celebrates opening first location in SavannahApril 12, 2023 | msn.comHumacyte (HUMA) Completes Enrollment in HAV Technology StudyApril 6, 2023 | forbes.comThe ‘Techquity’ Imperative: How Technology And Platforms Can Help Improve Health EquitySee More Headlines Receive CRE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Conduit and its competitors with MarketBeat's FREE daily newsletter. Email Address CRE Company Calendar Ex-Dividend for 9/8 Dividend8/17/2023Dividend Payable9/08/2023Today10/02/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeLON Industry Insurance—Reinsurance Sub-IndustryN/A SectorFinancial Services Current SymbolLON:CRE CUSIPN/A CIKN/A Webwww.creston.com Phone+44-20-79309757FaxN/AEmployees54Year FoundedN/APrice Target and Rating Average Stock Price ForecastGBX 500 High Stock Price ForecastGBX 600 Low Stock Price ForecastGBX 400 Forecasted Upside/Downside+9.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)GBX 0.15 Trailing P/E Ratio3,026.67 Forward P/E Ratio4.91 P/E GrowthN/ANet Income£28.30 million Net Margins4.92% Pretax MarginN/A Return on Equity3.14% Return on Assets1.32% Debt Debt-to-Equity Ratio0.23 Current Ratio0.66 Quick Ratio1.19 Sales & Book Value Annual Sales£575.80 million Price / Sales1.31 Cash FlowGBX 69.19 per share Price / Cash Flow6.59 Book ValueGBX 572 per share Price / Book0.80Miscellaneous Outstanding Shares165,240,000Free FloatN/AMarket Cap£753.49 million OptionableNot Optionable Beta0.45 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Neil David Eckert (Age 61)Exec. Chairman Comp: $868kMr. Trevor CarveyExec. Director & CEOMs. Elaine Whelan (Age 48)Exec. Director & CFO Comp: $1.3MMr. Stuart QuinlanDeputy CEO & COOMr. Greg LunnGroup Legal Counsel & Company Sec.Mr. Andrew SmithChief Risk & Sustainability OfficerMr. Greg RobertsChief Underwriting OfficerMr. Christopher BoardHead of International Property & Short Tail SpecialtyMr. Marc BearmanHead of Specialty for Marine & EnergyMr. Angus HamptonHead of International Casualty & Long Term SpecialtyMore ExecutivesKey CompetitorsSynconaLON:SYNCSchroder Investment Trust - Schroder AsiaPacific FundLON:SDPTwentyFour Income FundLON:TFIFNB Private Equity PartnersLON:NBPEJust GroupLON:JUSTView All CompetitorsInsidersTrevor CarveyBought 10,000 shares on 9/22/2023Total: £4.62 M ($462.00/share)Trevor CarveyBought 15,000 shares on 8/17/2023Total: £6.74 M ($449.00/share)Trevor CarveyBought 154 shares on 8/14/2023Total: £73,304.00 ($476.00/share)Trevor CarveyBought 154 shares on 8/14/2023Total: £73,304.00 ($476.00/share)Rebecca Ann ShelleyBought 4,088 shares on 7/27/2023Total: £2.00 M ($489.00/share)View All Insider Transactions CRE Stock - Frequently Asked Questions Should I buy or sell Conduit stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Conduit in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CRE shares. View CRE analyst ratings or view top-rated stocks. What is Conduit's stock price forecast for 2023? 2 Wall Street analysts have issued 1 year price targets for Conduit's stock. Their CRE share price forecasts range from GBX 400 to GBX 600. On average, they anticipate the company's share price to reach GBX 500 in the next twelve months. This suggests a possible upside of 9.6% 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 2023? Conduit's stock was trading at GBX 428 at the start of the year. Since then, CRE shares have increased by 6.5% and is now trading at GBX 456. View the best growth stocks for 2023 here. How often does Conduit pay dividends? What is the dividend yield for Conduit? Conduit announced a dividend on Wednesday, July 26th. Stockholders of record on Thursday, August 17th will be paid a dividend of GBX 0.18 per share on Friday, September 8th. This represents a yield of 2.93%. The ex-dividend date of this dividend is Thursday, August 17th. 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 29 per share and currently has a dividend yield of 6.21%. CRE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 19,333.33%. 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 What is Conduit's stock symbol? Conduit trades on the London Stock Exchange (LON) under the ticker symbol "CRE." 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. What is Conduit's stock price today? One share of CRE stock can currently be purchased for approximately GBX 456. How much money does Conduit make? Conduit (LON:CRE) has a market capitalization of £753.49 million and generates £575.80 million in revenue each year. The company earns £28.30 million in net income (profit) each year or GBX 0.15 on an earnings per share basis. How can I contact Conduit? Conduit's mailing address is 10 Great Pulteney Street, LONDON, W1F 9NB, United Kingdom. The official website for the company is www.creston.com. The company can be reached via phone at +44-20-79309757. This page (LON:CRE) was last updated on 10/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Conduit Holdings Limited Please log in to your account or sign up in order to add this asset to your watchlist. 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